Money Archives - Page 2 of 100

The global IPO market slump endures as companies wait out the effects of volatile stock markets. Pictured is the New York Stock Exchange.

‘Companies are holding out’: Global IPO market slump endures

March 29, 2023 11:30 PM CNN Newsource

By Michelle Toh, CNN A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming…

Starbucks shareholders want more information about the company’s anti-union efforts

March 29, 2023 4:43 PM CNN

By Danielle Wiener-Bronner, CNN Starbucks’ investors have voted in favor of an independent review of the company’s aggressive anti-union…

Fox News chief executive Suzanne Scott internally sounded the alarm about the financial fallout that the right-wing network would suffer if it continued fact-checking then-President Donald Trump's lies after the 2020 election

Fox News CEO said correspondent’s fact-check of Trump’s election lies was ‘bad for business,’ new emails show

March 29, 2023 3:22 PM CNN Newsource

By Oliver Darcy and Marshall Cohen, CNN Fox News CEO Suzanne Scott sounded the alarm inside the company about the financial fallout that the…

The Food and Drug Administration will now require medical devices meet specific cybersecurity guidelines after years of concerns that a growing number of internet-connected products used by hospitals and healthcare providers could be hit by hacks and ransomware attacks.

FDA requires medical devices be secured against cyberattacks

March 29, 2023 2:56 PM CNN Newsource

By Jennifer Korn The Food and Drug Administration will now require medical devices meet specific cybersecurity guidelines after years of concerns…

Elon Musk and other tech leaders call for pause in ‘out of control’ AI race

March 29, 2023 11:18 AM CNN Newsource

By Samantha Murphy Kelly, CNN Business Some of the biggest names in tech are calling for artificial intelligence labs to stop the training of the…

The new Lamborghini is totally different than any car it’s ever made

March 29, 2023 11:02 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Soon, you’ll be able to plug in your Lamborghini. Closing out a half century of purely gasoline-powered…

Federal judge rules Google tried to ‘hide the ball’ by deleting chat logs in a big antitrust case

March 29, 2023 9:34 AM CNN Newsource

By Brian Fung, CNN Google intentionally sought to “hide the ball” in a high-profile antitrust case by automatically deleting employee…

Arkansas sues TikTok, ByteDance and Meta over mental health claims

March 29, 2023 8:37 AM CNN Newsource

By Brian Fung, CNN The state of Arkansas has sued TikTok, its parent ByteDance, and Facebook-parent Meta over claims the companies’ products…

Macy's CEO Jeff Gennette will be replaced next year by Bloomingdale's CEO Tony Spring.

The Future of Macy’s: New CEO is a veteran of Bloomingdale’s

March 29, 2023 8:16 AM CNN Newsource

By Nathaniel Meyersohn, CNN One of the highest profile jobs in retail will change hands next year. Macy’s CEO Jeff Gennette will retire in…

Adidas does rapid U-turn in Black Lives Matter logo dispute

March 29, 2023 8:12 AM CNN Newsource

By Anna Cooban, CNN Adidas is backpedaling fast over its latest attempt to protect its iconic three-stripe mark. The German sportswear company said…

Former Starbucks CEO Howard Schultz arrives to testify about the company's labor and union practices during a Senate Committee on Health

Bernie Sanders confronts former Starbucks CEO Howard Schultz on company’s labor practices

March 29, 2023 8:04 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Senator Bernie Sanders, who has roundly criticized former Starbucks CEO Howard Schultz over the company’s…

Bank of England calls for urgent action on funds that nearly toppled UK financial system

March 29, 2023 7:51 AM CNN Newsource

By Julia Horowitz, CNN The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about…

High egg prices send profits at Cal-Maine Foods

High egg prices send profits at largest US producer soaring more than 700%

March 29, 2023 7:20 AM CNN Newsource

By Chris Isidore, CNN Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter…

"Cup Noodles Breakfast" is on sale at Walmart.

Cup Noodles’ new ramen flavor puts your breakfast cravings into a cup

March 29, 2023 7:06 AM CNN Newsource

By Jordan Valinsky, CNN Business The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. How…

Federal regulators are back on Capitol Hill to explain the banking crisis

March 29, 2023 6:40 AM CNN

Federal regulators are back on Capitol Hill to explain the banking crisis

March 29, 2023 6:40 AM CNN Newsource

Senate Finance Committee Chairman Ron Wyden

Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says

March 29, 2023 6:16 AM CNN Newsource

By Matt Egan, CNN Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving…