Money Archives - Page 767 of 954

Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up.

Prices are going up on almost everything. Here’s why

July 17, 2021 10:37 AM CNN

CNN Business breaks down the price hikes customers are seeing at the grocery store, the gas tank, the car lot, and more.

Branson’s advice to Bezos after historic space flight

July 20, 2021 11:42 AM CNN

CNN’s Rachel Crane speaks with Virgin Galactic founder Richard Branson after his historic trip to space.

Vice President of Government Affairs and Research Operations Sirisha Bandla.

Sirisha Bandla, India-born woman and Virgin Galactic executive, flies into space with Richard Branson

July 12, 2021 5:04 AM CNN Newsource

By Diksha Madhok, CNN Business Indians on Twitter — from top politicians to business executives — are celebrating one of the women who flew to the edge of space along with Richard Branson. Sirisha Bandla, who is the vice president of government affairs and research operations at Virgin Galactic, roared into the sky over New

Didi shares plummet after China bans it from app stores

July 12, 2021 1:22 AM CNN

Didi shares plunged as much as 22% in premarket trading as fallout continued over news of the company’s troubles in China. CNN’s David Culver reports.

A driver uses the map on the Didi Chuxing ride-hailing app on his smartphone while driving on a street in Beijing.

After Didi’s disastrous IPO, China looks to extend its control over overseas listings

July 12, 2021 1:22 AM CNN Newsource

By Laura He, CNN Business China’s crackdown on Big Tech just keeps growing. The Cyberspace Administration of China (CAC) — the country’s powerful internet watchdog — this weekend proposed that any company with data on more than one million users must seek the agency’s approval before listing its shares overseas. It also proposed companies must

Tucker Carlson is ‘furious’ at Fox News executives for not supporting his NSA spying claims, sources say

July 11, 2021 9:39 PM CNN Newsource

By Brian Stelter and Oliver Darcy, CNN Business Tucker Carlson is furious with Fox News executives for not vigorously defending him amid his evidence-free claims that the National Security Agency spied on him in a conspiracy to destroy his TV show, according to people familiar with the matter. One of the sources described Carlson as

Traveling to space must be "more accessible to all

Richard Branson lands safely after rocketing to outer space

July 20, 2021 2:59 PM CNN

Richard Branson became the first person to ride into space aboard a rocket he helped fund. The supersonic space plane developed by his company, Virgin Galactic, roared into the sky over New Mexico, carrying Branson and three fellow crewmembers.

Virgin Galactic founder Richard Branson waves to school children while heading to board the rocket plane that will fly him to space from Spaceport America near Truth or Consequences

Newsrooms will shape how the world sees the billionaire space race

July 11, 2021 12:22 PM CNN Newsource

By Alexis Benveniste, CNN Business Richard Branson became the first billionaire to reach suborbital flight in his own rocket-powered plane Sunday, setting the stage for how the media will cover wealthy individuals looking to build a business in space travel. Branson’s flight is a landmark moment for the commercial space industry and journalism. “This is

See moment Branson rockets into space

July 11, 2021 12:22 PM CNN

Watch video from Virgin Galactic showing Richard Branson’s space plane’s engine ignite sending the billionaire into outer space. CNN’s Kristin Fisher describes the moment from the ground.

Black-owned restaurants are finding a lifeline in food trucks and ghost kitchens

July 11, 2021 11:38 AM CNN Newsource

By Chauncey Alcorn, CNN Business As business dried up during Covid-19 lockdowns last year, many restaurants fell behind on rent and had to lay off employees. That was especially true for Black-owned restaurants, which struggled to gain access to emergency capital early on. But restaurateurs who can no longer afford a traditional brick-and-mortar operation have

Richard Branson receives some cards from children as he walks out from Spaceport America

See moment Branson rockets into space

July 11, 2021 11:31 AM CNN

Watch video from Virgin Galactic showing Richard Branson’s space plane’s engine ignite sending the billionaire into outer space. CNN’s Kristin Fisher describes the moment from the ground.

Virgin Galactic founder Richard Branson successfully rockets to outer space

July 12, 2021 11:12 AM CNN Newsource

By Jackie Wattles, CNN Business Richard Branson became the first person to ride into space aboard a rocket he helped fund. The supersonic space plane developed by his company, Virgin Galactic, roared into the sky over New Mexico early Sunday, carrying Branson and three fellow crewmembers. Branson -— along with Virgin Galactic employees Beth Moses,

‘Black Widow’ is a big hit in theaters and on Disney+

July 11, 2021 10:53 AM CNN Newsource

By Frank Pallotta, CNN Business Marvel saved the day again. And this time it was in theaters and on Disney+. “Black Widow,” the latest film from Disney’s blockbuster Marvel Studios, brought in an estimated $80 million in its North America opening this weekend. That was around what the industry was expecting and was also a

Inflation is rising but the reasons why are changing

July 12, 2021 6:08 AM CNN Newsource

By Anneken Tappe and Hanna Ziady, CNN Business Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain issues across the world have sent the cost to make and move goods soaring and left consumers paying up. Since then, prices for some pandemic favorites — such as lumber —

The Securities and Exchange Commission charged three people Friday with insider trading in advance of the announcement that sent Long Island Iced Tea Corp.'s here stock price to the moon. The headquarters of the US Securities and Exchange Commission (SEC) is shown in Washington

Insider trading charges filed over Long Island Iced Tea’s blockchain ‘pivot’

July 10, 2021 3:25 PM CNN Newsource

By Matt Egan, CNN Business As the bitcoin craze took off in 2017, a Long Island iced tea company sent its share price spiking as much as 380% merely by announcing a “pivot” to blockchain technology. Long Island Iced Tea Corp. even changed its name to Long Blockchain Corp. At the time, the episode underscored

There has been a resurgence in both engagement ring and wedding band sales as couples start returning to normal life following the pandemic. A man is shown presenting his girlfriend with an engagement ring while sitting at a table in a restaurant together.

Engagement ring sales soar as Americans recover from the pandemic

July 10, 2021 11:01 AM CNN Newsource

By Alexis Benveniste, CNN Business The wedding industry is rebounding as the United States recovers from the pandemic. And with glimmers of normality in the air, more Americans are preparing to pop the question. “We’ve seen a resurgence in both engagement ring and wedding band sales as couples start returning to normal life,” Price Blanchard,

Billionaires race to be first in space

July 10, 2021 9:23 AM CNN

CNN’s Rachel Crane looks at the race between billionaires Jeff Bezos and Richard Branson to be the first in space.

Founder of the Virgin Group Richard Branson stunts off The Palms Fantasy Tower at The Palms Casino Resort on October 10

Here are just some of Richard Branson’s near-death experiences ahead of his first space flight

July 10, 2021 9:23 AM CNN Newsource

By Chris Isidore, CNN Business Richard Branson, the billionaire entrepreneur who is set to take a test flight on his Virgin Galactic spaceship to the edge of outer space on Sunday, has rarely been one to shy away from risky activities, and because of that he’s narrowly avoided being killed numerous times in his nearly

Twitter is going through an extraordinarily tough year in India.

Twitter is a mess in India. Here’s how it got there

July 12, 2021 2:02 AM CNN Newsource

By Diksha Madhok, CNN Business Twitter is going through an extraordinarily tough year in India. But the company’s response to the turmoil has left even some people who would like to be on its side baffled. Silicon Valley’s biggest tech firms have been locked in a tense stand-off with India over strict new information technology

A new book argues that chasing subscription dollars is bad for journalism. A man reads a newspaper inside Union Station on June 29

‘News for the Rich, White and Blue’: New book argues that chasing subscription dollars is bad for journalism

July 9, 2021 4:29 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. The highest-quality types of news coverage are increasingly “about elites, for elites,” and everyone suffers as a result. That’s one of the arguments in professor Nikki Usher’s new book “News