US airports expect long lines and high stress for July 4th travel
CNN’s Pete Muntean reports that the Fourth of July weekend is expected to be one of the busiest days for US airports since the start of the pandemic.
Continue ReadingCNN’s Pete Muntean reports that the Fourth of July weekend is expected to be one of the busiest days for US airports since the start of the pandemic.
Continue ReadingFireEye CEO Kevin Mandia talks with CNN’s Julia Chatterley about the acceleration of cybercrime and the risks of paying ransoms.
Continue Readingby Brian Fung, CNN Business US cyber officials are tracking a major new ransomware attack by the same group that hit meat supplier JBS Foods this spring. This time, the REvil malware hit a wide range of IT management companies and compromised hundreds of their corporate clients. The cybercriminal gang, which is believed to operate
Continue ReadingBill Cosby has been convicted of aggravated indecent assault. The entertainer’s career spans five decades and includes several iconic shows, but much of his legacy has been damaged.
Continue ReadingBill Cosby has been convicted of aggravated indecent assault. The entertainer’s career spans five decades and includes several iconic shows, but much of his legacy has been damaged.
Continue ReadingBy Chauncey Alcorn, CNN Business Bill Cosby may be out of prison, but most major networks still aren’t showing reruns of “The Cosby Show.” Amazon Prime is the only major streaming service offering the 1980s sitcom for free to its subscribers. Amazon did not respond to multiple requests for comment about whether it will continue
Continue ReadingGas prices are surging this holiday weekend due to a labor shortage with truck drivers. CNN’s Alison Kosik reports.
Continue ReadingBy Matt Egan, CNN Business OPEC and its allies are mired in a stalemate. American drivers could pay the price. For the second straight day, OPEC+ surprised observers Friday by failing to reach an agreement on whether to add more barrels to an oil market screaming for more supply. The group said it will try
Continue ReadingBy Matt Egan, CNN Business OPEC and its allies are mired in a stalemate. American drivers could pay the price. For the second straight day, OPEC+ surprised observers Friday by failing to reach an agreement on whether to add more barrels to an oil market screaming for more supply. The group said it will try
Continue ReadingBy Paul R. La Monica, CNN Business It’s lucky sevens for investors: The blue-chip S&P 500 index rose Friday to close at a record high for the seventh straight day following the strong jobs report. The last time the S&P 500 had this long a streak of all-time high closes was in June 1997, when
Continue ReadingBy Anneken Tappe, CNN Business The US economy added 850,000 jobs in June, when adjusted for seasonal changes. It was far more than economists had expected and a signal that American job growth is accelerating. It was the biggest monthly jobs gain since August 2020, when the economy added 1.6 million jobs. The hospitality and
Continue ReadingBy Anneken Tappe, CNN Business Friday’s jobs report was super strong. But don’t be fooled: America’s labor market problems — millions unemployed, worker shortages and worries about child care and health risks — will persist throughout the summer. Even though the US job market is rapidly improving, the economy is still far from back-to-normal. Employers
Continue ReadingBy Jackie Wattles, CNN Business Richard Branson, the British billionaire and entrepreneur, announced late Thursday that he would attempt to go to space on July 11, just nine days before the world’s richest man, Jeff Bezos, will make his own spaceflight. But even as he effectively cut ahead of Bezos, Branson dismissed the notion of
Continue ReadingBy Jackie Wattles, CNN Business Richard Branson, the British billionaire and entrepreneur, announced late Thursday that he would attempt to go to space on July 11, just nine days before the world’s richest man, Jeff Bezos, will make his own spaceflight. But even as he effectively cut ahead of Bezos, Branson dismissed the notion of
Continue ReadingBy Brian Fung, CNN Business The Federal Trade Commission said Friday it has sued and settled with the technology giant Broadcom over allegations that the company sought to monopolize the supply of semiconductor chips. According to the complaint, Broadcom entered into exclusive anti-competitive deals with its business customers — including television and internet service providers
Continue ReadingBy Brian Fung, CNN Business The Federal Trade Commission said Friday it has sued and settled with the technology giant Broadcom over allegations that the company sought to monopolize the supply of semiconductor chips. According to the complaint, Broadcom entered into exclusive anti-competitive deals with its business customers — including television and internet service providers
Continue ReadingBy Paul R. La Monica, CNN Business It’s lucky sevens for investors: The blue-chip S&P 500 index rose Friday to close at a record high for the seventh straight day following the strong jobs report. The last time the S&P 500 had this long a streak of all-time high closes was in June 1997, when
Continue ReadingBy Paul R. La Monica, CNN Business It’s lucky sevens for investors: The blue-chip S&P 500 index rose Friday to close at a record high for the seventh straight day following the strong jobs report. The last time the S&P 500 had this long a streak of all-time high closes was in June 1997, when
Continue ReadingAmerica’s labor market is still far from being back to normal – down 6.8 million jobs compared with February 2020. CNN’s Christine Romans reports.
Continue ReadingRide-hailer Didi raised $4.4 billion in the IPO, giving it a valuation of more than $67 billion. CNN’s Clare Sebastian reports.
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