Money Archives

Partisanship, employee dissent and ‘dead bodies’: Inside Facebook’s struggle to combat misinformation and hate speech in India

October 29, 2021 8:21 AM CNN Newsource

By Rishi Iyengar, CNN Business In early 2019, a team of Facebook’s researchers spent two weeks interviewing 30 users across two Indian cities, Jaipur and Hyderabad. The goal: to learn about their experiences with misinformation and fact-checking on its platforms. The fact-finding mission, which was described by one of the researchers in an internal document

Vehicles at fuel pumps at Exxon Mobil gas station in San Pablo

Big Oil is crushing it as oil prices boom

October 29, 2021 8:06 AM CNN Newsource

By Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the recent run-up in oil prices. ExxonMobil, America’s largest oil company, posted net income of $6.8 billion, swinging to a profit after a $680 million loss a year ago. Oil prices got crushed in

Big Oil is crushing it as oil prices boom

October 29, 2021 8:06 AM CNN

By Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the recent run-up in oil prices. ExxonMobil, America’s largest oil company, posted net income of $6.8 billion, swinging to a profit after a $680 million loss a year ago. Oil prices got crushed in

Fans of Kannada cinema actor Puneeth Rajkumar wait outside a private hospital after news of his admission in Bangalore on October 29.

Puneeth Rajkumar, Indian actor, dies aged 46 after suffering cardiac arrest

October 29, 2021 7:57 AM CNN Newsource

By Hannah Ritchie and Esha Mitra, CNN Indian actor Puneeth Rajkumar has died aged 46 after suffering cardiac arrest on Friday, according to a statement from Vikram Hospital in the city of Bangalore. “Mr. Puneet Rajkumar, aged 46 years was brought to Vikram Hospital on 29/10/21 with a diagnosis of heart attack with ECG done

People shop at the Fifth Avenue Apple Store during the launch of Apple's new iPhone 13 and iPhone 13 Mini on September 24 in New York City.

Apple sounds a $6 billion holiday season warning

October 29, 2021 7:03 AM CNN Newsource

By Julia Horowitz, CNN Business What will dominate this holiday shopping season: Huge demand, as shoppers use pent-up savings to splurge, or supply chain problems leading to empty shelves and presents on back order? Apple’s latest earnings report is amping up fears that production and shipping complications will steal the spotlight. What’s happening: The company

Evergrande has reportedly made good on another payment, averting default once again

October 29, 2021 2:33 AM CNN Newsource

By Laura He, CNN Business For the second time this month, China’s most indebted developer Evergrande has reportedly managed to avoid default at the last minute. The debt-stricken firm paid interest on a dollar-denominated bond that was due in late September, just as a 30-day grace period expired, according to the New York Times and

Proposed tax increase would pay for Osage Beach fire equipment and station

October 28, 2021 10:49 PM Leila Mitchell

OSAGE BEACH, Mo. (KMIZ) Camden and Miller Counties will vote on Tuesday, November 2nd, on a proposed tax that would pay for new fire equipment and a new fire station. The property tax increase will cost residents 30 cents for every 100 dollars of property value. That would cost property owners $114 a year on

SSM health hosts hiring event

October 28, 2021 7:34 PM Erika McGuire

Jefferson City, Mo (kmiz) Sisters of St. Mary’s Hospital hosted it’s hiring event today. The health system is looking to fill a wide range of full and part-time positions in light of the shortage of health care workers since the pandemic started. According to the U.S labor and statistics since the pandemic began the health

Barbara Corcoran: Home buyers can’t afford to wait

October 28, 2021 5:38 PM CNN

By Anna Bahney, CNN Business Waiting for the wild housing market to calm down before buying a place? Don’t bother, said Barbara Corcoran, the founder of the Corcoran Group real estate firm and star of “Shark Tank,” during a CNN Business Foreseeable Future discussion on the current housing market madness. “I don’t think it is

Trump supporters clash with police and security forces as people try to storm the US Capitol on January 6 in Washington

Woman who stormed US Capitol was ‘played by Laura Ingraham’ to downplay Jan. 6 attack in Fox News interview, lawyer says

October 28, 2021 5:18 PM CNN Newsource

By Marshall Cohen A January 6 rioter who downplayed the insurrection in a Fox News interview one day after she was sentenced to probation for storming the Capitol was “played by Laura Ingraham” and manipulated into whitewashing the attack, her lawyer said Thursday. Anna Morgan-Lloyd received national attention in June for becoming the first Capitol

Facebook changed its company name to Meta. Here’s how the internet reacted

October 28, 2021 4:58 PM CNN Newsource

By Amir Vera, CNN News of Facebook’s new company name, Meta, quickly attracted the scorn of the internet. “The only meta we acknowledge,” tweeted writer Mitchell Clark, who posted a picture of former NBA player Meta World Peace (formerly known as Ron Artest). “‘Meta’ is short for ‘I meta girl in high school who I

Amazon Prime delivery vans sit parked near a Walmart store on September 03

Amazon slaps a $9.95 fee on Whole Foods deliveries. And Walmart pounces

October 28, 2021 4:47 PM CNN Newsource

By Moira Ritter, CNN Business Whole Foods shoppers may have received a shock this week if they noticed a new $9.95 delivery fee on orders placed through Amazon Prime. Amazon, which acquired Whole Foods in 2017, had previously offered free two-hour delivery for Prime members, but warned shoppers last month a new charge was coming.

Amazon CEO Andy Jassy warned in a statement that

Amazon and Apple warn of supply chain issues

October 28, 2021 4:40 PM CNN

By Clare Duffy and Rishi Iyengar, CNN Business Even Amazon and Apple are grappling with the global supply chain crunch. Both companies reported revenue results on Thursday that fell short of Wall Street analysts’ expectations and warned that supply chain issues could weigh on business in the December quarter. Amazon missed Wall Street projections for

Amazon and Apple warn of supply chain issues

October 28, 2021 4:40 PM CNN Newsource

By Clare Duffy and Rishi Iyengar, CNN Business Even Amazon and Apple are grappling with the global supply chain crunch. Both companies reported revenue results on Thursday that fell short of Wall Street analysts’ expectations and warned that supply chain issues could weigh on business in the December quarter. Amazon missed Wall Street projections for

Patagonia CEO: Companies should join us in boycotting Facebook

October 28, 2021 4:12 PM CNN Newsource

By Matt Egan, CNN In the wake of the revelations in the Facebook Papers, Patagonia CEO Ryan Gellert on Thursday called for companies to join the brand in pressuring Facebook to fix its platforms. “We believe Facebook has a responsibility to make sure its products do no harm, and until they do, Patagonia will continue

Facebook changed its company name to Meta. Here’s how the internet reacted

October 28, 2021 4:12 PM CNN

By Amir Vera, CNN News of Facebook’s new company name, Meta, quickly attracted the scorn of the internet. “The only meta we acknowledge,” tweeted writer Mitchell Clark, who posted a picture of former NBA player Meta World Peace (formerly known as Ron Artest). “‘Meta’ is short for ‘I meta girl in high school who I

Barbara Corcoran: Home buyers can’t afford to wait

October 28, 2021 3:54 PM CNN Newsource

By Anna Bahney, CNN Business Waiting for the wild housing market to calm down before buying a place? Don’t bother, said Barbara Corcoran, the founder of the Corcoran Group real estate firm and star of “Shark Tank,” during a CNN Business Foreseeable Future discussion on the current housing market madness. “I don’t think it is

Barbara Corcoran: Home buyers can’t afford to wait

October 28, 2021 3:54 PM CNN

By Anna Bahney, CNN Business Waiting for the wild housing market to calm down before buying a place? Don’t bother, said Barbara Corcoran, the founder of the Corcoran Group real estate firm and star of “Shark Tank,” during a CNN Business Foreseeable Future discussion on the current housing market madness. “I don’t think it is

Activision Blizzard’s CEO looks to slash his pay by millions as the company’s harassment scandal continues

October 28, 2021 3:12 PM CNN Newsource

By Rishi Iyengar, CNN Business Activision Blizzard CEO Bobby Kotick has asked the company’s board to slash his pay to the “lowest amount California law will allow” until the gaming company fixes its issues with gender discrimination and harassment, he said in a letter to employees on Thursday. If the board approves, Kotick will be

Ohio Attorney General Dave Yost on Monday announced that he is suing Meta

Ohio Attorney General sues Meta over revelations from the ‘Facebook Papers’

October 28, 2021 2:25 PM CNN

By Clare Duffy, CNN Business Ohio Attorney General Dave Yost on Monday announced that he is suing Meta, the social media giant formerly known as Facebook, based on revelations from whistleblower Frances Haugen and the trove of internal company documents she leaked. The securities lawsuit, filed on behalf of the Ohio Public Employees Retirement System