Oil prices rise as UAE refuses to back OPEC+ agreement
OPEC+ plans to meet for the third straight day in order to reach an agreement about adding more barrels to an oil market that needs more supply. CNN’s Anna Stewart reports.
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OPEC+ plans to meet for the third straight day in order to reach an agreement about adding more barrels to an oil market that needs more supply. CNN’s Anna Stewart reports.
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OPEC+ plans to meet for the third straight day in order to reach an agreement about adding more barrels to an oil market that needs more supply. CNN’s Anna Stewart reports.
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By Chauncey Alcorn, CNN Business Bill Cosby may be out of prison, but most major networks still aren’t showing reruns of “The Cosby Show.” Amazon Prime is the only major streaming service offering the 1980s sitcom for free to its subscribers. Amazon did not respond to multiple requests for comment about whether it will continue
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By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. ROBINHOOD’S GOING PUBLIC Big week for our friends over at Robinhood. Yesterday they got slapped with a record $70 million FINRA fine. Today, they’re jetting toward
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By Laura He, CNN Business Just one day after ride-hailing giant Didi was banned from app stores in China, authorities have started investigating three other major technology services, citing concerns about national data security. The companies under investigation recently went public in the US stock market, even though geopolitical tensions between the two countries remain
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Ride-hailer Didi raised $4.4 billion in the IPO, giving it a valuation of more than $67 billion. CNN’s Clare Sebastian reports.
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By Sam Fossum and Arlette Saenz, CNN Business The White House on Sunday urged companies who believe their systems were compromised in the ransomware attack that targeted software vendor Kaseya to immediately report it to the Internet Crime Complaint Center. “Since Friday, the United States Government has been working across the interagency to assess the
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CNN’s Brian Stelter speaks with Emily Atkin and David Wallace-Wells on how reporters are adapting to having to cover climate change as a ‘permanent emergency’ rather than isolated incidents.
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CNN’s Brian Stelter speaks with Emily Atkin and David Wallace-Wells on how reporters are adapting to having to cover climate change as a ‘permanent emergency’ rather than isolated incidents.
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By Alexis Benveniste, CNN Business TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover more than $15 billion in damages from the United States, claiming the US government breached its free trade obligations when it revoked the permit for the project. The energy company announced in June that
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By Alexis Benveniste, CNN Business Didi, China’s largest ride-hailing service, continues to fall into deeper trouble with Chinese regulators. The Cyberspace Administration of China on Sunday banned Didi from app stores after saying it posed a cybersecurity risk for customers. “Didi Chuxing app is found to have severely violated the laws by illegally collecting and
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By Paul R. La Monica, CNN Business Stocks enjoyed a stellar first half of the year. But will the market be able to keep rallying? Valuations are rapidly approaching historically expensive levels, and some experts are worried about how high stocks are relative to their earnings. One market measure, the Cyclically Adjusted Price-to-Earnings ratio, or
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During a trip to Michigan, President Joe Biden addressed the latest ransomware attack by the same group that hit meat supplier JBS Foods last spring, this time impacting a key software vendor known as Kaseya whose products are widely used by IT management companies. CNN’s Arlette Saenz has more.
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CNN’s Pete Muntean reports that the Fourth of July weekend is expected to be one of the busiest days for US airports since the start of the pandemic.
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CNN’s Pete Muntean reports that the Fourth of July weekend is expected to be one of the busiest days for US airports since the start of the pandemic.
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By Chris Isidore, CNN Business American vacationers are finding just about everything significantly more expensive this summer. Hotel rooms? Up about 44% at the end of June compared to a year earlier, according to data from hotel research firm STR. Air fares? They were 24% higher in May than in the same month last year,
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FireEye CEO Kevin Mandia talks with CNN’s Julia Chatterley about the acceleration of cybercrime and the risks of paying ransoms.
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by Brian Fung, CNN Business US cyber officials are tracking a major new ransomware attack by the same group that hit meat supplier JBS Foods this spring. This time, the REvil malware hit a wide range of IT management companies and compromised hundreds of their corporate clients. The cybercriminal gang, which is believed to operate
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Bill Cosby has been convicted of aggravated indecent assault. The entertainer’s career spans five decades and includes several iconic shows, but much of his legacy has been damaged.
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By Chauncey Alcorn, CNN Business Bill Cosby may be out of prison, but most major networks still aren’t showing reruns of “The Cosby Show.” Amazon Prime is the only major streaming service offering the 1980s sitcom for free to its subscribers. Amazon did not respond to multiple requests for comment about whether it will continue
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