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Businesses stay open amid winter storm

February 2, 2022 9:35 PM Erika McGuire

Winter weather continues to stick around in the Mid-Missouri, several businesses in the area have had to make the decision on whether to stay open or close.

Rogan is Spotify's No. 1 podcast in more than 90 markets.

Spotify CEO addresses Joe Rogan controversy

February 2, 2022 5:06 PM CNN Newsource

By Frank Pallotta, CNN Business Spotify CEO Daniel Ek addressed the controversy around comedian and podcast host Joe Rogan on Wednesday, saying that the company is “trying to balance creative expression with the safety of our users.” “Of course, this is a very complicated issue,” Ek said in the company’s post-earnings call on Wednesday. “But

Mark Zuckerberg is the founder and CEO of Facebook.

Meta shares plummet 20% after posting rare profit decline

February 2, 2022 3:53 PM CNN Newsource

By Clare Duffy, CNN Business Facebook rattled investors on Wednesday by posting a rare profit decline, driven by the company’s heavy spending on its vision for a so-called metaverse while simultaneously confronting advertising challenges on its existing services. The company, formerly known as Facebook, posted net income of nearly $10.3 billion in the final three

Trading in natural gas can be extremely volatile

Natural gas spikes 16% ahead of winter storm

February 2, 2022 2:26 PM CNN Newsource

By Matt Egan, CNN Business Natural gas futures soared Wednesday as energy markets brace for a powerful winter storm that threatens to derail production just as demand rises. The latest spike will keep home heating costs for millions of Americans elevated, adding to a long list of inflationary headaches. Natural gas futures surged 16% Wednesday

Teen’s Tesla hack shows how vulnerable third-party apps may make cars

February 2, 2022 1:12 PM CNN Newsource

By Matt McFarland, CNN Business A German teenager says he found a vulnerability in an app installed in some Teslas, which allowed him the ability to unlock doors, flash headlights and blast music. The hack highlights the relative lack of oversight in apps that some drivers can download to their cars. David Colombo identified a

Discovery chief praises CNN ahead of merger, addresses ouster of network president Jeff Zucker

February 2, 2022 12:31 PM CNN

By Brian Stelter and Oliver Darcy, CNN Business Discovery CEO David Zaslav praised CNN on Friday and said “news is going to be really critical” to the future of the soon to be combined Warner Bros. Discovery, despite the sudden ouster of CNN boss Jeff Zucker earlier this week. “CNN has the greatest group of

PayPal warns that consumers will spend less as stimulus runs out.

PayPal warns that consumer spending is about to fall sharply

February 2, 2022 11:51 AM CNN Newsource

By Paul R. La Monica, CNN Business Omicron, inflation and a lack of government stimulus have some Venmo users nervous about spending money from their digital wallets. That’s bad news for Venmo owner PayPal — and a potential warning sign for consumer spending in general. PayPal executives warned during the company’s earnings call with analysts

Wendy's newest breakfast item goes on sale next week.

Exclusive: Wendy’s unveils its first new breakfast item in two years

February 2, 2022 11:14 AM CNN Newsource

By Jordan Valinsky, CNN Business Wendy’s is expanding its breakfast menu for the first time since launching it nearly two years ago. Beginning February 8, the chain is adding a Hot Honey Chicken Biscuit, a fried chicken cutlet that’s drizzled with hot honey sauce infused with habanero pepper and served on a buttermilk biscuit for

Starbucks says it will raise prices this year.

Starbucks is planning even more price hikes this year

February 2, 2022 11:13 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Starbucks has been hiking prices as inflation soars and labor costs rise. And it’s planning more this year. The coffee chain raised its US prices in October and again just last month in January, CEO Kevin Johnson noted during an analyst call Tuesday. He added that the company is planning

Starbucks is planning even more price hikes this year

February 2, 2022 11:13 AM CNN

By Danielle Wiener-Bronner, CNN Business Starbucks has been hiking prices as inflation soars and labor costs rise. And it’s planning more this year. The coffee chain raised its US prices in October and again just last month in January, CEO Kevin Johnson noted during an analyst call Tuesday. He added that the company is planning

CNN President Jeff Zucker resigns over consensual relationship with key lieutenant

February 2, 2022 10:21 AM CNN Newsource

By Brian Stelter and Oliver Darcy, CNN Business CNN Worldwide president Jeff Zucker, the influential news executive who reshaped the iconic network, announced Wednesday morning that he has resigned from his position effective immediately. Zucker’s stunning announcement came less than two months after he fired prime time anchor Chris Cuomo for improperly advising his brother,

The titans of Wall Street are getting much bigger paychecks

February 2, 2022 9:50 AM CNN Newsource

By Paul R. La Monica, CNN Business Big Wall Street firms enjoyed a stellar 2021 thanks to a booming stock market and a frenzy of mergers and initial public offerings. Bankers and CEOs are reaping the rewards. Goldman Sachs announced in its fourth quarter earnings report last month that it set aside $17.7 billion for

Processing facilities at the Khurais oil field in Saudi Arabia

OPEC and Russia keep promising to pump more oil. They’re not delivering

February 2, 2022 8:11 AM CNN Newsource

By Charles Riley, CNN Business Here’s one big reason oil prices are near a seven-year high: OPEC and Russia are producing less than they promised. The Organization of the Petroleum Exporting Countries and 10 other major crude oil producers, including Russia, have been gradually increasing their output after taking 9.7 million barrels per day out

America lost jobs in January. A store is seen with hiring signs on February 01 in Washington DC.

America lost 301,000 private-sector jobs in January, ADP says

February 2, 2022 8:07 AM CNN Newsource

By Anneken Tappe, CNN Business Omicron threw a wrench into America’s economy at the start of 2022: The US private sector lost hundreds of thousands of jobs in January, according to Wednesday’s ADP Employment Report. The loss of 301,000 private-sector positions came as a surprise to economists who had predicted businesses had added 207,000 jobs.

It’s peak ski season in Utah but droves of employees are sick. This is the result

February 2, 2022 7:35 AM CNN Newsource

Opinion by Rhonda Sideris and Heleena Sideris for CNN Business Perspectives Like many other businesses, we’ve been through our fair share of challenges running our Park City, Utah vacation rental company during the pandemic. We’ve sacrificed millions of dollars in revenue by honoring generous cancellation policies for guests and keeping properties vacant for a day

3G networks are shutting down soon. A scramble to get users to upgrade is underway

February 2, 2022 7:27 AM CNN

By Samantha Murphy Kelly, CNN Business Aaron Hommell bought his 3G iPhone 5 in 2014 and kept it for more than seven years, holding onto it even after the screen cracked and a long list of faster models hit the market. Then a year ago, AT&T began sending him emails that the company would be

3G networks are shutting down soon. A scramble to get users to upgrade is underway

February 2, 2022 7:27 AM CNN Newsource

By Samantha Murphy Kelly, CNN Business Aaron Hommell bought his 3G iPhone 5 in 2014 and kept it for more than seven years, holding onto it even after the screen cracked and a long list of faster models hit the market. Then a year ago, AT&T began sending him emails that the company would be

Europe’s plan to call natural gas ‘sustainable’ triggers backlash from climate campaigners

February 2, 2022 6:59 AM CNN

By Ivana Kottasová and Angela Dewan, CNN The European Commission is coming under criticism after unveiling a long-delayed proposal to designate natural gas and nuclear power “sustainable” sources of energy Wednesday. Including the energy sources on the EU’s green list could unlock a wave of private investment into new nuclear and gas projects. But the

Google just made its stock much more affordable

February 2, 2022 6:56 AM CNN Newsource

By Julia Horowitz, CNN Business Not everyone has thousands of dollars on hand to purchase a single share of Google. Soon, investors won’t have to. What’s happening: Google parent Alphabet, the third largest public company in the United States, announced after markets closed on Tuesday that it will execute a 20-for-1 stock split in mid-July,

Thousands of flights are canceled as a massive winter storm tears across the United Staes. Photo taken on January 29 shows empty check-in desks at John F. Kennedy International Airport in New York City.

Thousands of flights are canceled as a massive winter storm tears across the US

February 2, 2022 6:42 AM CNN Newsource

By Jordan Valinsky, CNN Business US airlines have canceled thousands of flights for Wednesday and Thursday as a powerful winter storm packing ice, rain, sleet and snow is stretching from the Midwest to the South. For Wednesday, Chicago O’Hare, a United and American Airlines hub, is the most affected airport with 364 cancellations, according to