CNN – Business/Consumer

By Anna Cooban, CNN Cineworld’s stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to reorganize its business and shareholders would not recover any of their funds. The embattled owner of Regal Cinemas said it had submitted a final version of the plan to a US

By Duarte Mendonca and Olesya Dmitracova, CNN The head of the most influential business lobby in the United Kingdom has been fired following a probe into complaints about his workplace conduct. Tony Danker is leaving the Confederation of British Industry with immediate effect, the group said in a statement Tuesday. Three other employees have been

By Allison Morrow, CNN Democratic lawmakers sent letters to 14 of the largest depositors at Silicon Valley Bank, seeking details about the lender’s “unusually cozy” relationships with its well-heeled clients. Senator Elizabeth Warren of Massachusetts and Representative Alexandria Ocasio-Cortez of New York sent the letters Sunday to executives at Roku, Roblox, Circle and BlockFi, among

By Jordan Valinsky, CNN Tupperware shares fell nearly 50% Monday following a bleak warning that its future is looking murky. In a regulatory filing late Friday, the container maker said there’s “substantial doubt about the company’s ability to continue as a going concern,” and that it’s working with financial advisers to find financing to stay

By Hilary Whiteman, CNN Australian broadcaster Sky News has left TikTok because of security concerns that have led several Western governments to ban the video app on devices used by officials. In an article published on the Sky News Australia website Monday, digital editor Jack Houghton said the security risks posed by the “Beijing-controlled platform”

By Nicole Goodkind, CNN In an unusual coincidence, the US jobs report was released on a holiday Friday — meaning stock markets were closed when the closely-watched economic data came out. It was the first monthly payroll report since Silicon Valley Bank and Signature Bank collapsed. It also marked a full year of jobs data

By Jessie Yeung, CNN Tigers once roamed across Asia, their numbers as high as 100,000 at the start of the 20th century, before the species plummeted to the brink of extinction. By 2006, their population in India — home to the majority of the world’s remaining wild tigers — hit a record low of just

By Oliver Darcy, CNN Fox News has settled a defamation lawsuit from a Venezuelan businessman who had accused the network of making false claims about him and the 2020 election, attorneys for the man and Fox News said Saturday in a court filing. The details of the settlement were not made public. “This matter has

By Ramishah Maruf, CNN Tesla is opening a Megafactory in Shanghai, the electric car manufacturer announced on Twitter Sunday. The factory will be able to produce 10,000 Megapacks per year, which are very large batteries used to store utility-scale amounts of electricity. The company announced the new factory with a picture of a signing ceremony