China’s Didi makes NYSE debut
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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China’s Didi makes NYSE debut
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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Tesla sales rise despite problems with chips and China
By Chris Isidore, CNN Business Tesla managed to sell more than 200,000 vehicles last quarter, even as the company faced rising prices, a PR disaster in China and a shortage of computer chips. The company also managed to build more than 200,000 cars over the past three months despite those enormous headwinds. The increase in
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Tesla sales rise despite problems with chips and China
By Chris Isidore, CNN Business Tesla managed to sell more than 200,000 vehicles last quarter, even as the company faced rising prices, a PR disaster in China and a shortage of computer chips. The company also managed to build more than 200,000 cars over the past three months despite those enormous headwinds. The increase in
Continue Reading Tesla sales rise despite problems with chips and China
By Chris Isidore, CNN Business Tesla managed to sell more than 200,000 vehicles last quarter, even as the company faced rising prices, a PR disaster in China and a shortage of computer chips. The company also managed to build more than 200,000 cars over the past three months despite those enormous headwinds. The increase in
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Why you’re seeing fewer clothing sales right now
By Nathaniel Meyersohn, CNN Business If you feel like you’ve seen fewer blowout clothing sales at stores and online, you’re right. And you’re likely to see a near-absence of promotions even through the holidays later this year. Consumer demand for new wardrobes is soaring thanks to stimulus checks and pent-up demand built during the pandemic.
Continue Reading Why you’re seeing fewer clothing sales right now
By Nathaniel Meyersohn, CNN Business If you feel like you’ve seen fewer blowout clothing sales at stores and online, you’re right. And you’re likely to see a near-absence of promotions even through the holidays later this year. Consumer demand for new wardrobes is soaring thanks to stimulus checks and pent-up demand built during the pandemic.
Continue Reading
Why you’re seeing fewer clothing sales right now
By Nathaniel Meyersohn, CNN Business If you feel like you’ve seen fewer blowout clothing sales at stores and online, you’re right. And you’re likely to see a near-absence of promotions even through the holidays later this year. Consumer demand for new wardrobes is soaring thanks to stimulus checks and pent-up demand built during the pandemic.
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The US economy added 850,000 jobs in June
America’s labor market is still far from being back to normal – down 6.8 million jobs compared with February 2020. CNN’s Christine Romans reports.
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Wall Street dealmakers have never been busier
By Julia Horowitz, CNN Business There’s never been a better time for companies to raise funding from hot markets or make moves to scoop up their competitors. That’s been a huge boon to investment bankers, who are gearing up for another summer of juggling dealmaking with vacations. What’s happening: The US market for initial public
Continue Reading Wages are going up. Here’s what that means for the economy
By Julia Horowitz, CNN Business When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June. What’s happening: Employers are expected to have created 700,000 positions, pushing the unemployment rate down to 5.7%. That would be a strong reading, even though the
Continue Reading Wages are going up. Here’s what that means for the economy
By Julia Horowitz, CNN Business When the latest US jobs report goes live on Friday, investors and economists will be closely watching the number of jobs added in June. What’s happening: Employers are expected to have created 700,000 positions, pushing the unemployment rate down to 5.7%. That would be a strong reading, even though the
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Those annoying robocalls aren’t going to stop today. But they could slow down soon
By Clare Duffy, CNN Business The scourge of obnoxious robocalls has resumed after a brief dip during the early months of the pandemic. But a new prevention program developed by the Federal Communications Commission — which officially went into effect this week — could begin to offer some relief later this year. The program, called
Continue Reading Those annoying robocalls aren’t going to stop today. But they could slow down soon
By Clare Duffy, CNN Business The scourge of obnoxious robocalls has resumed after a brief dip during the early months of the pandemic. But a new prevention program developed by the Federal Communications Commission — which officially went into effect this week — could begin to offer some relief later this year. The program, called
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Richard Branson will attempt to beat Jeff Bezos to space
By Jackie Wattles and Rachel Crane, CNN Business British billionaire Richard Branson plans to beat fellow billionaire and rival Jeff Bezos to space. Branson’s company, Virgin Galactic, made a surprise announcement Thursday that he will attempt to fly in Virgin’s rocket-powered plane on July 11 — nine days before Bezos’s planned July 20th launch. The
Continue Reading Richard Branson: ‘Really doesn’t matter’ if I beat Jeff Bezos to space
British billionaire Richard Branson plans to beat fellow billionaire and rival Jeff Bezos to space. Branson’s company, Virgin Galactic, made a surprise announcement that he will attempt to fly in Virgin’s rocket-powered plane on July 11 — nine days before Bezos’s planned July 20th launch.
Continue Reading Richard Branson: ‘Really doesn’t matter’ if I beat Jeff Bezos to space
British billionaire Richard Branson plans to beat fellow billionaire and rival Jeff Bezos to space. Branson’s company, Virgin Galactic, made a surprise announcement that he will attempt to fly in Virgin’s rocket-powered plane on July 11 — nine days before Bezos’s planned July 20th launch.
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Global tax plan wins support from 130 countries
The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.
Continue Reading Global tax plan wins support from 130 countries
The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.
Continue Reading Global tax plan wins support from 130 countries
The OECD’s tax reform overhaul includes a global minimum tax of at least 15% on multinational companies. CNN’s Christine Romans reports.
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