Watch: ExxonMobil lobbyist unwittingly spills company secrets
Keith McCoy, a senior ExxonMobil lobbyist, was secretly recorded by Greenpeace seemingly revealing how ExxonMobil fights against climate solutions.
Continue ReadingKeith McCoy, a senior ExxonMobil lobbyist, was secretly recorded by Greenpeace seemingly revealing how ExxonMobil fights against climate solutions.
Continue ReadingBy Jordan Valinsky, CNN Business Krispy Kreme’s second appearance on the public markets is off to a sweeter start than expected. The doughnut chain began trading Thursday and opened at $16.30 per share, which is about 4% below its initial public offering at $17. Since then, shares rebounded and closed nearly 25% higher on its
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingMeghan McCain, who joined “The View” in 2017, has announced that season 24 will be her last. Watch her announcement on air.
Continue ReadingMeghan McCain, who joined “The View” in 2017, has announced that season 24 will be her last. Watch her announcement on air.
Continue ReadingBy Oliver Darcy, CNN Business Meghan McCain, the conservative personality who repeatedly ignited controversy and clashed with her colleagues on and off set, announced Thursday that she will leave her role as a co-host on ABC’s “The View.” “I’m just going to rip the bandaid off,” McCain said at the top of the show. “I
Continue ReadingMeghan McCain, who joined “The View” in 2017, has announced that season 24 will be her last. Watch her announcement on air.
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Thank God for a free press — which is doing the investigating and reporting that Congress should have done way before now,” Asha Rangappa wrote Wednesday. She was talking about
Continue ReadingCNN’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).
Continue ReadingCNN’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).
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy 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
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