Money Archives

Governor Gavin Newson issued an executive order on October 20 to help the shortage of truck drivers and to alleviate cargo congestion at shipping ports in California.

New executive order aims to alleviate congestion at California’s ports

October 20, 2021 12:49 PM CNN Newssource

By Vanessa Yurkevich, CNN Business To alleviate cargo congestion at shipping ports in California, Governor Gavin Newsom issued an executive order…

According to a report released on October 20 by Adobe Analytics

Online shopping bummer: Out-of-stock products surged 172% from pre-pandemic levels

October 20, 2021 10:59 AM CNN Newssource

By Parija Kavilanz, CNN Business If you were shopping online in the late summer, chances are you may have been hit with an unfortunate message: The…

Fox News anchor Neil Cavuto has tested positive for Covid-19.

Fox News anchor Neil Cavuto tests positive for Covid-19

October 20, 2021 10:02 AM CNN

By Brian Stelter, CNN Business Fox News anchor Neil Cavuto has tested positive for Covid-19. Cavuto, who has been public about his health challenges…

Verizon has been the Dow's worst-performing stock this year

How Verizon became the Dow’s worst stock

October 20, 2021 9:30 AM CNN Newssource

By Paul R. La Monica, CNN Business Verizon reported earnings that topped forecasts Wednesday morning and issued a more upbeat outlook for 2022.…

Bitcoin surges to new record above $66,000

October 20, 2021 8:58 AM CNN Newssource

By Paul R. La Monica, CNN Business The bitcoin bull market is showing no signs of slowing down. Bitcoin, the world’s most valuable…

Facebook has been fined $69 million in the UK for 'deliberate' failure to comply with competition regulatory rules.

Facebook fined $70 million for ‘deliberate’ failure to comply with UK regulator

October 20, 2021 8:24 AM CNN Newssource

Walé Azeez, CNN Business The UK competition regulator has slapped Facebook with a $70 million fine for repeatedly ignoring warnings and deliberately…

Facebook failed to provide crucial details about its "Cross-Check" program that reportedly shielded millions of VIP users from the social media platform's normal content moderation rules.

Facebook kept its own oversight board in the dark on program for VIP users

October 21, 2021 10:29 AM CNN

By Hanna Ziady, CNN Business Facebook failed to provide crucial details about its “Cross-Check” program that reportedly shielded millions…

National Tree Company said its artifical Christmas Tree inventory for the upcoming holiday season is 10% below last year's level because of supply chain problems.

Holiday bummer: Now prices are soaring for Christmas trees and decorations

October 20, 2021 6:56 AM CNN

By Parija Kavilanz, CNN Business It’s a good thing that consumers are in a mood to spend heading into the holiday season. They may have to dish…

This is the secret to dealing with inflation

October 20, 2021 5:45 AM CNN Newssource

By Julia Horowitz, CNN Business Procter & Gamble, the consumer goods giant that makes Pampers diapers, Crest toothpaste and Tide detergent, says…

A cargo ship heads out to the ocean. Global supply chain disruptions have continued to hurt the US economy.

Everything you’re waiting for is in these containers

October 23, 2021 1:49 PM CNN Newssource

By Chris Isidore, CNN Business Virtually every US home contains items that came through the ports of Los Angeles or Long Beach. The neighboring…

The White House is exploring whether to deploy the National Guard to ease the supply chain backlog. In this aerial image

White House explores deploying the National Guard to ease supply chain crisis but is unlikely to use this option

October 20, 2021 5:55 AM CNN Newssource

By Matt Egan, CNN Business Facing a mounting supply chain crisis, the White House is exploring whether to deploy the National Guard to ease…

Netflix co-CEO Ted Sarandos has some regrets about how he handled Dave Chappelle's stand-up special. Sarandos is seen here walking to a morning session at the Allen & Company Sun Valley Conference on July 9

Netflix co-CEO on Dave Chappelle fallout: I screwed up

October 20, 2021 8:23 AM CNN Newssource

By Jordan Valinsky, CNN Business Netflix co-CEO Ted Sarandos has some regrets about how he handled Dave Chappelle’s stand-up special, even…

Facebook plans to announce a new name next week.

Facebook is planning to change its name, report says

October 20, 2021 10:05 AM CNN Newssource

By Charles Riley, CNN Business Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday, as the…

Facebook is planning to change its name, report says

October 20, 2021 5:19 AM CNN

By Charles Riley, CNN Business Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday, as the…

The Chinese government has ordered the country's coal mines to "produce as much coal as possible" as it tries to increase production as winter approaches

China tells mines to produce ‘as much coal as possible’

October 20, 2021 2:19 AM CNN Newssource

Philip Wang, CNN Business The Chinese government has ordered the country’s coal mines to “produce as much coal as possible” as it…

Submerged cars at a flooded hotel near the Jim Corbett National Park in Uttarakhand

Floods and landslides kill at least 150 in India and Nepal

October 20, 2021 11:24 PM CNN Newssource

By Jessie Yeung and Esha Mitra, CNN Record-breaking rains and heavy flooding have killed at least 150 people in India and Nepal over the past few…

An unfolding crisis in real estate is emerging as one of Beijing's toughest challenges. Workers are shown here assembling truck engines at a subsidiary factory of the China National Heavy Duty Truck Group in Hangzhou in east China's Zhejiang province

China’s real estate crisis could threaten growth into 2022. Beijing’s undeterred

October 20, 2021 12:27 AM CNN Newssource

By Laura He, CNN Business China’s growth is seriously slowing down as the country lurches from one economic threat to another. And while some…

Cooling stacks at a coal-fired power plant in Uttar Pradesh

China says it will cut fossil fuel consumption to 20% by 2060, but makes no new emissions pledge

October 25, 2021 2:15 AM CNN

By Helen Regan, CNN Business China plans to cut its reliance on fossil fuels to below 20% by 2060, according to a cabinet document published in state…

The world plans to produce far more fossil fuel than it should to stay under dangerous climate limits, UN says

October 19, 2021 10:08 PM CNN Newssource

By Rachel Ramirez, CNN Business Ahead of a critical global climate conference in November, a UN report released Wednesday shows that many of the…

The world plans to produce far more fossil fuel than it should to stay under dangerous climate limits, UN says

October 19, 2021 10:08 PM CNN

By Rachel Ramirez, CNN Business Ahead of a critical global climate conference in November, a UN report released Wednesday shows that many of the…

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