Prices are going up on almost everything. Here’s why
CNN Business breaks down the price hikes customers are seeing at the grocery store, the gas tank, the car lot, and more.
Continue ReadingCNN Business breaks down the price hikes customers are seeing at the grocery store, the gas tank, the car lot, and more.
Continue ReadingCNN’s Rachel Crane speaks with Virgin Galactic founder Richard Branson after his historic trip to space.
Continue ReadingBy 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
Continue ReadingDidi 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.
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingRichard 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.
Continue ReadingWatch 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.
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingWatch 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.
Continue ReadingBy 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,
Continue ReadingBy 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
Continue ReadingBy 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 —
Continue ReadingBy 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
Continue ReadingBy 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,
Continue ReadingCNN’s Rachel Crane looks at the race between billionaires Jeff Bezos and Richard Branson to be the first in space.
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingBy 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
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