Money

By Julia Horowitz, CNN Business Late last week, Microsoft — the second largest public company in the United States — leveled with its investors. Earnings for the current quarter, it warned, would not be as strong as it had hoped. What’s happening: Microsoft now expects revenue of between $51.9 billion and $52.7 billion between April

By Anna Cooban, CNN Business Thousands of UK workers are starting a four-day work week from Monday with no cut to their pay in the largest trial of its kind. The pilot, which will last for six months, involves 3,300 workers spanning 70 companies, ranging from providers of financial services to a fish-and-chip restaurant. During

By Michelle Toh, CNN Business Didi’s regulatory nightmare in China may be nearly over. That’s according to the Wall Street Journal, which reported Monday, citing unidentified sources, that Beijing’s cybersecurity review of the ride-hailing giant was about to wrap up. The move would allow Didi to return to app stores in mainland China, potentially as

By Ramishah Maruf, CNN When Bob Woodward and Carl Bernstein published their groundbreaking Watergate reporting that led to the resignation of former President Richard Nixon in 1974, the duo thought he would be the last president to openly defy the Constitution and the law. “And then, as we say, along came Trump,” Woodward said on

By Ramishah Maruf, CNN Starbucks workers at an Ithaca, New York, store claim their location is being shut down in retaliation for their union activism. The worker committee said it is filing an Unfair Labor Practice charge with the National Labor Relations Board, alleging that Starbucks is making a “clear attempt to scare workers across

By Paul R. La Monica, CNN Business For many average investors, the price of just one Amazon share has been prohibitively expensive. There are a lot of things a person can spend about $2,500 on instead of one tiny piece of “Prime” stock market real estate. A nice vacation? That home entertainment system? Season tickets

By Parija Kavilanz, CNN Business Many working parents who rely on local summer camps to keep their kids busy when school’s out for the summer won’t have that option this year because of a serious staffing shortage. The start of summer vacation has arrived, but instead of preparing to welcome campers, several camps have had

By Nathaniel Meyersohn, CNN Business Gas station bathrooms are the last place most people want to stop to do their business. But that wasn’t always the case. Spotless bathrooms were once a crucial selling point for gas stations. In fact, oil giants’ gas station ads in the early and mid-20th century assured travelers that their

By Peter Valdes-Dapena, CNN Business The Michigan-based arm of the international automaker Stellantis has pleaded guilty and agreed to pay $300 million in penalties to settle an investigation into alleged cheating on emissions tests for some of its diesel-powered vehicles. The vehicles in question are more than 100,000 diesel-powered Jeep Grand Cherokee SUVs and Ram