Money

Employers can offer incentives to employees to get vaccinated for Covid-19, according to new guidance from the federal Equal Opportunity Employment Commission. Companies administering vaccines to employees also may offer incentives as long as the incentives are not “coercive,” the EEOC said. In December the EEOC said that companies can legally mandate that all employees

A series of major digital security breaches over the past year are serving as a wake-up call to Corporate America about the need to invest in cybersecurity. Friday brought yet another reminder of the risk of cyberattacks, when Microsoft said the hackers behind the 2020 Solar Winds breach launched a new attack on more than

Inflation seems unstoppable as the economy returns to normal. People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging. A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic

The hackers behind one of the worst data breaches ever to hit the US government have launched a new global cyberattack on more than 150 government agencies, think tanks and other organizations, according to Microsoft. The group, which Microsoft calls “Nobelium,” targeted 3,000 email accounts at various organizations this week — most of which were

Bitcoin investors have sold in May. It remains to be seen if they’re going away for good. Bitcoin prices fell 8% Friday and have plunged about 36% in May — their worst monthly performance since September 2011. A steady torrent of bad news has sent bitcoin spiraling downward since it hit an all-time high above

As the Reddit crowd piles in, AMC shares are soaring — and no, that’s not a headline from late January. What’s happening: Shares of AMC Entertainment have shot up nearly 120% this week as amateur investors show renewed enthusiasm for the movie theater chain. They climbed 36% on Thursday alone, reaching their highest level since

Nike said it cut ties with Neymar last year because the Brazilian soccer superstar refused to cooperate with an inconclusive investigation into sexual assault allegations made by one of the company’s employees. The sports apparel giant confirmed in a statement to CNN Business late Thursday that its decision stemmed from accusations a Nike employee brought

What do lotteries, fishing licenses and college scholarships have in common? They’re all part of dozens of innovative freebies being given away for people to get a Covid-19 vaccine, as some states have recently offered big prizes for people to get vaccinated. Now, companies are joining the same effort. Kroger and CVS Health will begin

Costco is bringing back a pre-pandemic staple: Food samples. The warehouse chain announced that it’s “beginning a phased return to full sampling” early next month after a 14-month hiatus. Roughly 170 US locations will bring back food samples in the first week of June with “most of the remaining locations” returning toward the end of

The biggest names in tech are locked in an increasingly tense stand-off with India over strict new social media rules they fear will erode privacy, usher in mass surveillance and harm business in the world’s fastest growing market. This week’s events underscore the challenges facing Facebook, Twitter and Google as they try to navigate an

Florida’s new law prohibiting social media platforms from suspending politicians is just days old. But it’s already being challenged in court by the tech industry. On Thursday, a pair of technology trade groups filed a legal challenge to SB 7072, the hot-button legislation signed by Gov. Ron DeSantis this week that promises stiff fines against

Get your popcorn ready! It looks like the AMC stock surge sequel may be the feel good hit of the summer. Shares of AMC soared about 36% Thursday as investors on the popular Reddit WallStreetBets board were once again touting the stock in an effort to hurt short sellers who have bet against the theater