Money

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

Jobless claims are at a Covid-era low, and people are increasingly looking for work as various states prepare to cut back their enhanced pandemic unemployment benefits. This might look like a slam dunk for critics of those payments — but experts say the connection isn’t as straightforward as it might seem. “We still don’t know

JPMorgan Chase CEO Jamie Dimon suggested Thursday that companies are having trouble hiring in part because some Americans don’t feel like working right now. Asked about the record high 8.1 million job openings recorded in March, the CEO said there are many causes, including challenges with reopening schools and the enhanced unemployment benefits enacted during

After a year of exercising by streaming spin and rowing classes in their living rooms and lifting weights in their basements, fitness enthusiasts are heading back to their gyms and boutique studios to sweat it out again as vaccines ramp up and Covid-19 restrictions ease. But boutique gyms that pivoted to the web during the

The economy is recovering but plenty of pandemic-era problems remain: Working parents are struggling to find adequate child care, and people in jobs that require face-to-face interactions must weigh the health risks of returning to work. Big retailers are taking notice, Best Buy CEO Corie Barry told CNN Business’ Nathaniel Meyersohn during a media call

CVS Health is tempting people who are hesitant to get the Covid-19 vaccine with lavish prizes — some of which were forbidden just a year ago. The pharmacy chain announced Thursday that people who plan to receive or have received a Covid-19 vaccine at CVS can enter its new “One Step Closer” sweepstakes and win

Jason Kilar, whose future as CEO of WarnerMedia had been in some doubt recently, said Thursday he will remain in the job until at least 2022. Kilar announced the decision to WarnerMedia employees at a celebration of the one-year anniversary of the company’s streaming service HBO Max. “My plan and my focus is to remain

Facebook said it’s no longer removing from its platforms claims that coronavirus was man-made. That announcement comes shortly after President Joe Biden announced he had directed the US intelligence community to redouble its efforts into the origin of Covid-19. In a statement to CNN Business, a Facebook spokesperson said late Wednesday that, “In light of

Citizen, an app that started as a service for real-time crime alerts made waves late last week with news that it was testing a private, on-demand security force, after a company-branded patrol car was spotted in Los Angeles. Now the company has said that test is over, and that it will not launch its own

Uber has recognized a labor union for the first time in a move that could boost efforts by gig economy workers to win better employment rights. GMB, one of Britain’s largest unions, will now be able to represent up to 70,000 drivers across the United Kingdom — one of Uber’s most important international markets —