CNN – Business/Consumer

By Kerry Flynn, CNN Business Britt McHenry’s sexual harassment lawsuit against Fox News and one of the network’s on-air personalities, George “Tyrus” Murdoch, has been voluntarily dismissed by the parties involved. “While FOX News is confident it would have prevailed in the lawsuit, we are pleased that we have been able to resolve this matter

By Frank Pallotta, CNN Business Prince Harry, one of the most talked-about figures in the world, is publishing a memoir next year that he calls “wholly truthful.” The Duke of Sussex will release the book via Penguin Random House globally in late 2022, the publisher announced on Monday. It added that Prince Harry will “for

By Alexis Benveniste, CNN Business Ben & Jerry’s will no longer sell ice cream in occupied Palestinian territories, saying it’s inconsistent with the values of the socially conscious brand. The ice cream company, which is owned by Unilever, has been doing business in Israel since 1987. But the brand has come under scrutiny for its

By Matt Egan, CNN Business President Joe Biden is cracking down on monopolies. And that has some on Wall Street worried. Goldman Sachs is warning clients that Biden’s July 9 executive order calling for antitrust agencies to closely inspect mergers could slow what the investment bank described as a “blockbuster” year for mergers and acquisitions.

By Oliver Darcy, CNN Business Tucker Carlson has called the idea of vaccine passports the medical equivalent of “Jim Crow” laws. And other Fox News personalities have spent months both trafficking in anti-vaccine rhetoric and assailing the concept of showing proof of vaccination status. But Fox Corporation, the right-wing talk channel’s parent company, has quietly

By: Moira Ritter, CNN Business Leon Black, co-founder and former CEO of Apollo Global Management, responded Monday to a lawsuit accusing him of forcing a woman into an abusive relationship for years. He said the only thing he is guilty of is “extremely poor judgment in entering into an affair.” The original complaint, filed June

By Anneken Tappe, CNN Business The pandemic sparked recession ended in April 2020 after just two months, according to the National Bureau of Economic Research. That makes the most recent US economic downturn the shortest on record. Before the pandemic, the shortest recession was in the 1980s, lasting six months. Last year, nationwide lockdowns began

By Hanna Ziady and Lauren Gunn, CNN Business The UK government’s decision to lift almost all remaining coronavirus restrictions in England on Monday was expected to deliver a windfall for businesses that have been hampered by social distancing rules. But a growing number of companies, including supermarkets and pubs, are now facing worker shortages that

By Oliver Darcy, CNN Business The Department of Justice on Monday formally adopted policies sharply restricting the instances in which prosecutors can seek records or testimony from reporters. The agency’s new policies were outlined in a memo issued by Attorney General Merrick Garland. “This new prohibition applies to compulsory legal process issued to reporters directly,

By Brian Stelter, CNN Business CNN is hiring hundreds of people and developing dozens of programs for a subscription streaming service that will launch early next year. The new venture, called CNN+, was formally announced on Monday morning. It will exist side by side with CNN’s existing television networks and will feature eight to twelve

By Matt Egan, CNN Business Robinhood could soon be worth $35 billion. The booming yet controversial trading app said Monday it plans to raise up to $2.3 billion in an initial public offering. Robinhood, which plans to list on the Nasdaq under the ticker symbol “HOOD,” anticipates selling shares for between $38 and $42 apiece.

By Hanna Ziady and Mark Thompson, CNN Business Despite surging cases of the Delta variant of Covid-19 around the world, investors have largely been brushing off the risks, confident that vaccines will allow economic activity to return to normal. But that risk assessment may be changing. What’s happening: Futures on the S&P 500, Dow and

By Paul R. La Monica, CNN Business A security company that uses artificial intelligence and advanced sensors technology to screen for threats at theme parks, sports stadiums and other large venues, is going public. Evolv Technology, which announced plans in March to merge with blank check special purpose acquisition company NewHold Investment Corp., completed its