By Jeanne Sahadi, CNN Business Most people who are required to file 2021 tax returns will have done so by the official filing due date — Monday, April 18. Or they applied for an extension, giving them until October 17 to file their returns. But you’re not most people. You did neither. The question now
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By Rachel Metz, CNN Business On March 24, weeks before he offered to buy Twitter, Elon Musk posted a poll on the social media platform: “Twitter algorithm should be open source,” he wrote, with options for users to vote “yes” or “no.” Some of Twitter’s technology is already open source, which means it’s publicly available
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By Julia Horowitz, CNN Business The International Monetary Fund has slashed its expectations for global economic growth over the next two years because of Russia’s invasion of Ukraine, comparing the ripple effects from the conflict to an “earthquake.” “The economic effects of the war are spreading far and wide,” the organization said in its latest
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By Brian Stelter, CNN Business Joe Kahn, the managing editor of The New York Times, will succeed Dean Baquet as executive editor in June. Kahn, a 24-year veteran of the news organization and Baquet’s second in command, was thought to be the favorite for the top Times newsroom job. Publisher A. G. Sulzberger confirmed it
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By Jackie Wattles, CNN Business The first all-private mission to the International Space Station is slated to complete the final leg of its journey this week, capping off what will be about a 12-day, multimillion-dollar journey. The mission, called AX-1, was brokered by the Houston, Texas-based startup Axiom Space, which books rocket rides, provides all
Continue Reading By Rachel Metz, CNN Business On March 24, weeks before he offered to buy Twitter, Elon Musk posted a poll on the social media platform: “Twitter algorithm should be open source,” he wrote, with options for users to vote “yes” or “no.” Some of Twitter’s technology is already open source, which means it’s publicly available
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By Brian Fung, CNN Business Face masks are now optional for Uber and Lyft riders and drivers in the United States, the ride-hailing companies said Tuesday, shortly after several major airlines announced a similar change in policy. “The CDC order requiring masks while using rideshare platforms such as Uber is no longer in effect, and
Continue Reading By Brian Fung, CNN Business Face masks are now optional for Uber and Lyft riders and drivers in the United States, the ride-hailing companies said Tuesday, shortly after several major airlines announced a similar change in policy. “The CDC order requiring masks while using rideshare platforms such as Uber is no longer in effect, and
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By Julia Horowitz, CNN Business As the World Bank and the International Monetary Fund kick off their spring meetings this week, both are sounding a warning: The global economy, they say, is quickly losing steam. What’s happening: The World Bank has slashed its forecast for global growth in 2022 to 3.2% from 4.1%, anticipating a
Continue Reading By Laura He, CNN Business Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and rising interest rates elsewhere, make the world’s second biggest economy a less attractive place to keep their money. China witnessed $17.5 billion worth of portfolio outflows last month, an all-time high, according to
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Story by Samantha Murphy Kelly, CNN Business Video by John General, CNN Business Christopher James Dawley, known as CJ to his friends and family, was 14 years old when he signed up for Facebook, Instagram and Snapchat. Like many teenagers, he documented his life on those platforms. CJ worked as a busboy at Texas Roadhouse
Continue Reading Story by Samantha Murphy Kelly, CNN Business Video by John General, CNN Business Christopher James Dawley, known as CJ to his friends and family, was 14 years old when he signed up for Facebook, Instagram and Snapchat. Like many teenagers, he documented his life on those platforms. CJ worked as a busboy at Texas Roadhouse
Continue Reading 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. Netflix will report first quarter earnings on Tuesday afternoon, setting the bar for a season of financial reports that will reveal a whole lot about the state of streaming. The
Continue Reading 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. Netflix will report first quarter earnings on Tuesday afternoon, setting the bar for a season of financial reports that will reveal a whole lot about the state of streaming. The
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By Pete Muntean and Dave Alsup, CNN After a federal judge in Florida struck down the Biden administration’s mask mandate for airplanes and other public transport methods, airlines are starting to act. Several US airlines announced Monday that masks are now optional on their aircraft — Delta Air Lines, American Airlines, United Airlines, Southwest Airlines,
Continue Reading By Pete Muntean and Dave Alsup, CNN After a federal judge in Florida struck down the Biden administration’s mask mandate for airplanes and other public transport methods, airlines are starting to act. Several US airlines announced Monday that masks are now optional on their aircraft — Delta Air Lines, American Airlines, United Airlines, Southwest Airlines,
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By Clare Duffy, CNN Business Twitter has indicated that it’s not interested in being bought by the world’s richest man without a fight. The social network’s board made a defensive maneuver that could thwart Elon Musk’s takeover bid, but he still has a range of options that suggest this Silicon Valley showdown is likely far
Continue Reading By Clare Duffy, CNN Business Twitter has indicated that it’s not interested in being bought by the world’s richest man without a fight. The social network’s board made a defensive maneuver that could thwart Elon Musk’s takeover bid, but he still has a range of options that suggest this Silicon Valley showdown is likely far
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By Chris Isidore and Sara Ashley O’Brien, CNN Business Some employees at the Apple store at New York’s Grand Central Terminal are seeking to form a union, the latest high-profile labor organizing effort to take root in the pandemic era. A person familiar with the matter told CNN Business that workers at the Grand Central
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By Matt Egan, CNN Business Natural gas futures surged on Monday to levels unseen since 2008 as the Northeast braces for a rare April blast of heavy snow. The looming nor’easter will force millions of families to crank up the heat in the coming days, driving up demand for natural gas, the most popular way
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