Money Archives

The UFO ETF invests in companies tied to the business of space

See the moment Blue Origin spacecraft lifts off

July 20, 2021 10:41 AM CNN

Amazon founder Jeff Bezos launched into space aboard a Blue Origin spacecraft he funded.

Three opioid distributors have settled a lawsuit with New York state to the tune of over $1 billion

Three opioid distributors settle New York lawsuit for $1.1 billion

July 20, 2021 11:54 AM CNN Newsource

By Evan Simko-Bednarski, CNN Business Three opioid distributors have settled a lawsuit with New York state to the tune of over $1 billion, according to the office of NY Attorney General Letitia James. In a settlement negotiation that ran late into the night Monday, according to a source familiar with the discussions, McKesson Corporation, Cardinal

During the pandemic, another devastating health crisis was growing

July 21, 2021 3:08 PM CNN

Opioid overdose deaths rose 30% last year, making 2020 the year with the highest number of overdose deaths ever recorded in the US, according to the CDC. CNN’s Elizabeth Cohen reports on this health crisis that continued to plague the US amid the Covid-19 pandemic.

Trader Aaron Ford works on the floor of the New York Stock Exchange on July 19. Wall Street opened higher July 20

Dow surges 550 points after biggest drop of the year

July 20, 2021 3:09 PM CNN Newsource

By Anneken Tappe, CNN Business Stocks rallied Tuesday, rebounding from a miserable trading session at the start of the week when the Dow logged its worst day since October. After rising moderately at the New York opening bell, the rally picked up pace for the rest of the session. The Dow closed up 1.6%, or

Jeff Bezos just went to space and back

July 20, 2021 8:12 PM CNN Newsource

By Jackie Wattles, CNN Business Jeff Bezos, the world’s richest man, went to space and back Tuesday morning on an 11-minute, supersonic joy ride aboard the rocket and capsule system developed by his space company, Blue Origin. Riding alongside the multibillionaire were Bezos’ brother, Mark Bezos; Wally Funk, an 82-year-old pilot and one of the

Jeff Bezos just went to space and back

July 20, 2021 8:12 PM CNN

By Jackie Wattles, CNN Business Jeff Bezos, the world’s richest man, went to space and back Tuesday morning on an 11-minute, supersonic joy ride aboard the rocket and capsule system developed by his space company, Blue Origin. Riding alongside the multibillionaire were Bezos’ brother, Mark Bezos; Wally Funk, an 82-year-old pilot and one of the

An EasyJet plane on the tarmac at Malpensa Airport on June 29 in Milan

This crucial industry is still a major threat to the recovery

July 20, 2021 7:11 AM CNN Newsource

By Hanna Ziady, CNN Business The travel and tourism sector is still struggling to get back on its feet more than a year into the coronavirus pandemic. That spells trouble for the economic recovery. The latest: Budget airline EasyJet, which flies between dozens of destinations in Europe, said Tuesday that less than half of its

Ben and Jerry's will no longer sell ice cream in occupied Palestinian territories

Ben & Jerry’s will stop selling ice cream in Palestinian territories

July 21, 2021 7:52 AM CNN

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. CNN’s Hadas Gold reports from Jerusalem.

Bitcoin falls below $30,000 as Delta variant fears spread globally

July 20, 2021 12:35 PM CNN Newsource

By Diksha Madhok, CNN Business Bitcoin fell below $30,000 again as investors worldwide fret about the Delta variant and what it means for the next stage of the coronavirus pandemic. The cryptocurrency is down roughly 6% over the last 24 hours, according to Coindesk. Other cryptocurrencies also fell: Ethereum is down about 7%, while dogecoin,

Joe Biden wants to overhaul global tax rules. Ireland stands in the way

July 20, 2021 2:13 AM CNN Newsource

By Julia Horowitz, CNN Business One of President Joe Biden’s priorities is a historic overhaul of global tax rules. The world’s most powerful 20 economies are on board. But an island nation of 5 million people is standing in the way. Biden still needs Ireland. For years, the country has successfully attracted hordes of global

Jeff Bezos was criticized for his space flight. See what the billionaire had to say

July 19, 2021 10:50 PM CNN

CNN’s Rachel Crane speaks with Jeff Bezos and his crew about flights to space being “joyrides for the wealthy” a day before they take flight to the edge of space.

As Jeff Bezos prepares to lift off, he concedes that billionaires-in-space critics are ‘largely right’

July 19, 2021 10:50 PM CNN Newsource

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. Jeff Bezos, a/k/a the “richest human being in the universe,” is about to leave Earth for a few spectacular minutes. It’s going to be one heck of a television and

It has taken a pandemic to crack the glass ceiling in India

July 19, 2021 10:45 PM CNN Newsource

By Diksha Madhok, CNN Business The coronavirus pandemic appears to have given an unexpected boost to a small — but influential — cohort of India’s working women. While the economy has been battered by Covid-19, educated women in middle-to-senior positions have seen job opportunities rise in the last year, recruiters in the country told CNN

Ben & Jerry’s CEO: White America must ‘get over it’ and fix systemic racism

July 20, 2021 5:16 AM CNN

Ben & Jerry’s CEO Matthew McCarthy says corporate America has a responsibility to fix racist systems.

Fox Corporation has quietly implemented the concept of a vaccine passport as workers slowly return back to the company's offices.

Ex-Fox reporter explains why Tucker Carlson is lying about vaccines

July 21, 2021 10:43 PM CNN

Former Fox News correspondent Carl Cameron discusses Tucker Carlson spreading disinformation about the Covid-19 vaccines.

Amazon said it will end its on-site Covid-19 testing for US warehouse workers this month.

Amazon to end on-site Covid testing for warehouse workers

July 19, 2021 6:41 PM CNN Newsource

By Sara Ashley O’Brien, CNN Business Amazon said it will end its on-site Covid-19 testing for US warehouse workers this month as it continues to peel back some pandemic-related safety measures inside its facilities. The company notified workers that it will cease offering on-site testing after July 30, according to a notification Amazon shared with

A trader works on the floor of the New York Stock Exchange

Dow sinks more than 700 points on Delta variant fears

July 25, 2021 7:31 AM CNN

The Dow fell about 725 points -the worst day for the Dow since a 943-point drop in late October. It was the biggest decline this year. CNN’s Matt Egan reports.

Tucker Carlson went on the record with reporter. Here’s what she learned

July 19, 2021 5:32 PM CNN

Time Magazine’s Charlotte Alter got a rare on-the-record interview with Fox News host Tucker Carlson and shares what she learned about why he is so appealing to the conservative base.

Jeff Bezos at New Shepard's West Texas launch facility before the rocket's first flight in 2015.

Jeff Bezos is going to space for 11 minutes. Here’s how risky that is

July 19, 2021 10:40 PM CNN Newsource

By Jackie Wattles, CNN Business Jeff Bezos can have anything. He could circle the globe in a private jet or sail it forever in a fleet of megayachts. He could afford to buy a the whole NFL; he could buy an archipelago for his family and friends; he could buy over 65,000 Bugatti Chirons (base

Britt McHenry’s sexual harassment lawsuit against Fox News is voluntarily dismissed

July 19, 2021 4:59 PM CNN Newsource

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