US stocks slip in early trading
By CNN Business The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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By CNN Business The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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By Manveena Suri, Esha Mitra, Jessie Yeung, Vedika Sud and Rishabh Pratap, CNN Hundreds of people protested in the Indian capital Delhi on Wednesday for the fourth day straight, as outrage continues to build over the alleged rape and murder of a 9-year-old girl from one of India’s most oppressed castes. Protesters marched holding signs
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By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. There’s no relationship quite like it in politics or media: A pair of brothers, one governing the fourth biggest state in the country, the other hosting one of the most
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New York Gov. Andrew Cuomo denies the states attorney general’s report that the investigation into allegations against Cuomo found that the governor sexually harassed multiple women.
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Mayor Bill de Blasio announced New York City will require proof of vaccination to enter all restaurants, fitness centers and indoor entertainment venues. CNN’s Vanessa Yurkevich reports.
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By Anneken Tappe, CNN Business The chairman of the Securities and Exchange Commission doesn’t have a lot of love for cryptocurrencies. “This asset class is ripe with fraud, scams and abuses in certain applications,” SEC chairman Gary Gensler said during an interview at the virtual Aspen Security Forum. Gensler also said he believes cryptocurrencies are
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Opinion by Emily Parker for CNN Business Perspectives Cryptocurrencies, like bitcoin and dogecoin, have dominated the news cycle in recent months. Meanwhile, the rise of another type of digital currency has gotten far less attention: central bank digital currencies (CBDCs). Unlike bitcoin, CBDCs are issued by governments and are basically digital versions of an existing
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By Nathaniel Meyersohn, CNN Business Meat producer Tyson Foods’ announcement Tuesday that it will require all its workers to be fully vaccinated against Covid-19 by November 1 is hardly the norm when it comes to vaccine rules for frontline employees. Most company mandates so far have been for corporate workers. It points to a divide
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By Chris Isidore, CNN Business Embattled truck maker Nikola says its legal woes are done, but now it has a new problem: the computer chip shortage that’s crippling the entire industry. Nikola had been telling investors that it planned to start delivery of 50 to 100 of its hydrogen-powered and electric trucks in the fourth
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By Kathryn Vasel, CNN Business Microsoft is joining the growing list of companies that are requiring workers to get vaccinated. The tech firm said Tuesday that employees, vendors and guests entering Microsoft’s buildings in the US will be required to show proof of vaccination beginning in September. “As we have done since the beginning of
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By Alexis Benveniste, CNN Business New York City will require proof of vaccination to enter all restaurants, fitness centers and indoor entertainment venues, Mayor Bill de Blasio announced Tuesday. “If you’re unvaccinated, unfortunately, you will not be able to participate in many things,” de Blasio said. “If you want to participate in our society fully,
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Mayor Bill de Blasio says New York City will require proof of vaccination for indoor dining, fitness, entertainment and performances. He introduced the “Key to NYC Pass” for vaccinated people.
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CNN’s Richard Quest discusses how remote work has lead to a rise in home sales with Ryan Schneider, CEO of real estate company Realogy.
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By Anneken Tappe, CNN Business Americans have more debt than ever before. A surge in credit card spending and home purchases caused US household debt to increase by $313 billion, or 2.1%, in the second quarter, according to the Federal Reserve Bank of New York. That’s the largest nominal jump since 2007 and the biggest
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Harvey Spevak, Executive Chairman of Equinox Group, explains why the company will require employees and members to show proof of vaccination.
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By Julia Horowitz, CNN Business Wall Street isn’t convinced that the world’s biggest oil firms can successfully overhaul their businesses as the climate crisis accelerates. The industry response? To dangle more cash. What’s happening: BP, which announced results that beat expectations on Tuesday, upped its dividend by 4% to 5.46 cents per share and said
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By Jordan Valinsky, CNN Business PepsiCo is selling a controlling stake of its juice brands, which includes Tropicana and Naked, to a private equity firm in a multibillion dollar deal. The sale is part of the company’s broader efforts to focus on faster-growing beverages as customers increasingly ditch sugary drinks. In the deal announced Tuesday,
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By Diksha Madhok, CNN Business Tencent has announced new limits on the amount of time minors can spend playing the company’s online games, even as investors worry that China may extend its historic crackdown on the private sector to the gaming industry. Those fears were stoked Tuesday after Economic Information Daily — a business newspaper
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A trio of new video games feature cats, mouse robots and living spaghetti in their game play. Yes, really. Rick Damigella reports.
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By Jill Disis and Chris Isidore, CNN Business Alibaba sought to reassure investors by unveiling a 50% increase in its share repurchase plans Tuesday while reporting somewhat mixed results. The Chinese online shopping behemoth has been slammed in recent months by Beijing’s widening crackdown on private business, stoking concerns about its future. On Tuesday, it
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