Ford suspends some production because of chip shortage
By Peter Valdes-Dapena, CNN Business Ford shares were down about 1% in trading Monday after the company announced it is suspending or slowing…
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Amazon more than doubles salary caps to $350,000 for US white-collar employees
By Brian Fung, CNN Business Amazon is dramatically increasing salary caps for its US-based technology and corporate workforce, in a nod to how the…
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No blue Christmas, but filling Santa’s sleigh cost Hasbro a fortune
By Paul R. La Monica, CNN Business Kids had plenty of Spider-Man, My Little Pony and Peppa Pig toys from Hasbro under the tree during the 2021…
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Tesla still owns $2 billion in bitcoin, but crypto volatility has taken a toll
By Paul R. La Monica, CNN Business If you’ve been hurt by the volatile moves in bitcoin lately, you’re in good company. Tesla, run by the…
Continue ReadingExpect markets to be on a wild ride until the Fed really starts raising rates
Opinion by Christopher Leonard for CNN Business Perspectives Even the smartest Wall Street investors don’t know if markets will be up or down…
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Peloton is wounded. Amazon, Nike or Apple could buy it
By Julia Horowitz, CNN Business Peloton has a target on its back. The company’s exercise bikes were a huge hit early in the pandemic. Now,…
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Spirit and Frontier Airlines plan to merge
By Chris Isidore, CNN Business Spirit and Frontier Airlines on Monday announced a $6.6 billion merger, a combination of low-fare carriers that would…
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‘Fight Club’ ending restored in China after cries of censorship
By Michelle Toh, Nectar Gan, and CNN’s Beijing bureau, CNN Business “Fight Club” is almost back to its original state in China. As…
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Spotify CEO condemns Rogan’s use of racial slurs, but says company won’t be ‘silencing’ him
By Oliver Darcy, CNN Business Daniel Ek, the chief executive of Spotify, addressed Joe Rogan’s past use of racial slurs on Sunday night,…
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Sen. Klobuchar: Local media needs to be able to compete with Big Tech for ad dollars
By Ramishah Maruf, CNN Lawmakers are trying to find a solution to two intertwined trends: the rise of Big Tech and the decimation of local news. Sen.…
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Even your backup grocery store is struggling to stay fully stocked
By Parija Kavilanz, CNN Business Frustrated shoppers are already dealing with unpredictable product shortages and empty shelves at their favorite…
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Why there’s no need to fear a bear market
By Paul R. La Monica, CNN Business Stocks tumbled sharply in January and the market has remained choppy in February. There are worries globally about…
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India honors singer Lata Mangeshkar at state funeral, dead at 92
By Swati Gupta, CNN Lata Mangeshkar, the “nightingale of India” who gave her voice to Indian movies for more than 70 years, was honored…
Continue ReadingAmazon and Nike are exploring bids for Peloton, report says
Reuters Peloton Interactive Inc has drawn interest from potential buyers including e-commerce giant Amazon, according to a person familiar with the…
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Joe Rogan apologizes after a compilation of him using racial slurs spreads
By Ramishah Maruf and Brian Stelter, CNN Joe Rogan issued an apology on Instagram Saturday after a compilation of the podcaster frequently using the…
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The US desperately needs skilled workers. But the community colleges that train them are woefully underfunded
By Alicia Wallace, CNN Business As America seeks to train workers for the hundreds of thousands of new infrastructure jobs that are being created, it…
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Biden sets first-year record with 6.6 million jobs added
By Chris Isidore, CNN Business Employers added a record 6.6 million jobs during Joe Biden’s first 12 months in office, by far the strongest…
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SpaceX will lose up to 40 satellites it just launched due to a solar storm
By Jackie Wattles, CNN Business Up to 40 of SpaceX’s Starlink satellites are expected to fall out of orbit thanks to some inopportune timing:…
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Relativity is 3D printing rockets and raising billions. Will its technology work?
By Jackie Wattles Video by Gabe Ramirez Tim Ellis, an unassuming 31-year-old with glasses who shuffles around his sprawling rocket factory in…
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Why every Costco product is called ‘Kirkland Signature’
By Nathaniel Meyersohn, CNN Business Costco’s Kirkland Signature brand is perhaps America’s weirdest private label. You can put Kirkland…
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