CNN – Business/Consumer

By Matt Egan, CNN Business Robinhood has settled a wrongful death lawsuit filed by the family of a 20-year-old trader who died by suicide after seeing a negative account balance of $730,000. The controversial trading app disclosed the settlement on Thursday in its IPO filing. Terms of the agreement were not disclosed. The family of

By Chris Isidore, CNN Business US auto sales soared in the second quarter. But the uptick could have been much bigger. Automakers have struggled to find the computer chips required to build enough cars and trucks to meet demand, with most temporarily shutting their factories as a result of the shortage. The tight supplies drove

By Allison Morrow, CNN Business Robinhood, a day after incurring a record-breaking fine from Wall Street’s industry regulator, filed paperwork for its hotly anticipated initial public offering. The company plans to list its shares on the Nasdaq stock exchange under the symbol HOOD, according to its filing with the Securities and Exchange Commission. As is

Meghan McCain, who joined “The View” in 2017, has announced that season 24 will be her last. Watch her announcement on air.

Meghan McCain, who joined “The View” in 2017, has announced that season 24 will be her last. Watch her announcement on air.

By Julia Horowitz, CNN Business The United States has won international backing for its plan to overhaul the global system for taxing companies, a huge step toward simplifying a complex web of rules long exploited by big corporations. Countries including India, China and Switzerland have agreed to a broad framework for reform set out by

CNN’s Donie O’Sullivan was on the scene at former President Donald Trump’s rally in Wellington, Ohio, where he spoke with diehard supporters who remain convinced that Trump won the 2020 election (he didn’t) and claim that Democrats and the FBI are to blame for the Capitol insurrection (they aren’t).

By Anneken Tappe, CNN Business America’s factories are struggling with supply chain issues and material shortages. Now, that’s showing up in prices: in June, Manufacturers reported the biggest price jump in 42 years. The Institute for Supply Management‘s manufacturing price index rose to 92.1% last month, up 4.1 percentage points and hitting its highest mark

By Matt Egan, CNN Business A senior ExxonMobil lobbyist appears to have unwittingly revealed how the oil company uses its political muscle to undercut climate action. “Did we aggressively fight against some of the science? Yes,” Keith McCoy, the Exxon lobbyist, said during a covertly filmed job interview recorded by Greenpeace’s UK investigative platform. “Did

By Oliver Darcy, CNN Business Meghan McCain, the conservative personality and co-host of ABC’s “The View” who clashed with her colleagues on and off set, announced Thursday that she is leaving the show. “I’m just going to rip the bandaid off,” McCain said at the top of the show. “I am here to tell all

By Alison Kosik, CNN Hertz has officially emerged from bankruptcy after more than a year as a “much stronger company,” thanks to a red-hot rental car market as more Americans travel and the economy reopens. As part of its bankruptcy filing last year, Hertz promised to sell more than 180,000 vehicles from its fleet by