Money

BrewDog, one of the biggest UK craft beer producers, has apologized after dozens of former employees accused the company of fostering a “culture of fear” and fomenting “toxic attitudes towards junior staff.” In an open letter published on Wednesday, a group of more than 70 people describing themselves as former staffers said they felt “burnt

Jeff Bezos can have anything. He could circle the globe in a private jet or sail it forever in a fleet of megayachts. He could afford to buy a the whole NFL; he could buy an archipelago for his family and friends; he could buy over 65,000 Bugatti Chirons (base price $2.9 million), even though

Goldman Sachs is requiring its US employees to divulge to the company whether they’ve been vaccinated. The Wall Street bank told workers in a message earlier this week that “it is mandatory that you submit your vaccination status” by Thursday at noon ET. That message was sent only to employees who had not already done

Consumer prices roared higher last month, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of Labor Statistics reported Thursday. That marked the biggest jump since August 2008. Stripping out food and energy costs, which tend to be more volatile, inflation stood at 3.8% over that

More than 70 CEOs from some of the world’s biggest companies have urged governments to do much more to tackle climate change, including forcing businesses to reduce their carbon emissions. In an open letter published on Wednesday, company chiefs — including Mark Schneider of Nestlé and Ramon Laguarta of PepsiCo — called on all governments

From lumber and steel to paint and burrito bowls at Chipotle, prices are rising almost everywhere you look. That’s putting investors on high alert. What’s happening: Wall Street is training its attention on the Consumer Price Index for May, which arrives on Thursday. The report is expected to show that prices excluding food and energy

Significant cyberattacks against critical targets in Europe have doubled in the past year, according to new EU figures obtained by CNN, as the pandemic pushed lives indoors and online. The European Union Agency for Cybersecurity, ENISA, told CNN there were 304 significant, malicious attacks against “critical sectors” in 2020, more than double the 146 recorded

A giant chunk of the internet briefly broke on Tuesday because of an outage at a company most people have probably never heard of before. Reddit, CNN, Target, Amazon, a UK government website and countless others all went dark after a technical issue at cloud service provider Fastly. Although the outage was short-lived, it served

Facebook is giving its employees more flexibility to work outside the office — and Mark Zuckerberg is leading by example. The Facebook CEO told employees in a memo Wednesday that he plans to work remotely for at least half of the next year, a company spokesperson confirmed to CNN Business. The memo was previously reported

GameStop is getting a new chief executive and chief financial officer, the company announced as part of its earnings release Wednesday. Matt Furlong, who will replace George Sherman as CEO, and Mike Recupero, who will be CFO, are both joining the company from Amazon. Their experience at the online retail giant will likely prove useful

Boeing is seeking a one-year delay in its deadline to deliver two new 747 jets to be used as Air Force One. And that would mean added costs for taxpayers. The aircraft manufacturer signed a $3.9 billion deal for the presidential planes with the Air Force in 2018. The planes are currently due to be