Elon Musk sold nearly $4 billion worth of Tesla stock since Twitter deal closed
By Chris Isidore, CNN Business Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month.…
Continue ReadingMoney
One Indian family lost 12 members in the Morbi bridge collapse
By Swati Gupta, Rhea Mogul, Sandi Sidhu and Mohit Lathiya, CNN A marigold garland hangs across a photo frame with the faces of 12 members of the…
Continue ReadingDisney+ beats subscriber expectations but that growth came at a cost
By Frank Pallotta, CNN Business Disney’s fourth quarter earnings were a mix of good and bad news for the company. The good: the company added…
Continue ReadingWall Street is bracing for a potential game changer, but it’s not the election
By Matt Egan, CNN Business Wall Street is waiting for the results of Tuesday’s midterm election like the rest of the world, but traders say…
Continue ReadingStocks rise as Americans head to the polls
By Paul R. La Monica, CNN Business #RedWave? #VoteBlue? Wall Street saw green on this midterm Election Day. Stocks ended Tuesday with solid gains,…
Continue ReadingA plan to tax the rich to fund electric defeated by California voters
By Peter Valdes-Dapena, CNN Business California has long been a leader among states, and even countries, in promoting a shift to electric cars,…
Continue ReadingTrump-linked SPAC stock goes bonkers ahead of midterms
By Paul R. La Monica, CNN Business Many political experts are predicting big Republican wins in the midterm elections that could give the GOP control…
Continue ReadingProposed tie-up sends shockwaves through crypto markets
By Allison Morrow, CNN Business In an unexpected twist, the cryptocurrency exchange Binance said it is buying its smaller rival FTX after the firm…
Continue ReadingGetting laid off? Know your rights
By Jeanne Sahadi, CNN Business The abrupt and unceremonious way that thousands of Twitter employees got laid off last week was a spectacle. But it…
Continue ReadingDoughnuts, pizza and cheap rides: Election Day deals are here
By Danielle Wiener-Bronner, CNN Business It’s Election Day in America, and some companies are offering deals and freebies to mark the occasion,…
Continue ReadingAdidas scoops up CEO who turned around rival Puma
By Hanna Ziady, CNN Business Adidas has appointed the head of Puma to succeed outgoing CEO Kasper Rorsted, betting on his ability to replicate its…
Continue ReadingAdvertisers crack jokes about the end times and turnip lattes as inflation bites
By Julia Horowitz, CNN Business A woman maneuvers her car onto a street called “Wits’ End.” The sky is an ominous red, and strange…
Continue ReadingCompanies are back to hosting lavish parties and expensive dinners
By Alexandra Peers CNN Business Samuel Roe, regional sales manager for Terlato Wines, had business associates visiting a few weeks ago and called a…
Continue ReadingWhat midterm elections could mean for the US economy
By Nicole Goodkind, CNN Business Tuesday’s midterm elections come at a time of economic vulnerability for the United States. Recession…
Continue ReadingPowerball used to have a jackpot limit. Then it exploded
By Nathaniel Meyersohn, CNN Business The latest Powerball lottery jackpot topped $2 billion, making it the largest lotto prize ever. But in 1987 when…
Continue ReadingParamount took a risk keeping ‘Top Gun’ grounded for two years. It was this year’s biggest hit
By Frank Pallotta, CNN Business “Top Gun: Maverick” was never going to be an easy sell. Sure, the film starred Tom Cruise — arguably…
Continue ReadingFounder of beloved Malaysian noodle snack Mamee dies at 92
By Michelle Toh, CNN Business The founder of Mamee Monster, the iconic Southeast Asian noodle snack brand, has died, the company confirmed Tuesday.…
Continue ReadingIran accused of plotting to kill two journalists in UK
By Sahar Akbarzai and Lauren Kent, CNN Two British-Iranian journalists working in the United Kingdom have been warned by police of a…
Continue ReadingTaiwan’s virtual beauty brand struggles on Wall Street debut
By Michelle Toh, CNN Business Taiwan’s latest entrant to Wall Street has had a rough ride since it went public a week ago. Shares of Perfect…
Continue ReadingThe world needs India to avert climate catastrophe. Can Modi deliver?
By Tara Subramaniam, CNN It’s not unusual for temperatures in India’s Thar Desert to reach 48 degrees Celsius (118 degrees Fahrenheit).…
Continue Reading