Money

By Chris Isidore, CNN Business Workers are saying enough is enough. And many of them are either hitting the picket lines or quitting their jobs as a result. The changing dynamics of the US labor market, which has put employees rather than employers in the driver’s seat in a way not seen for decades, is

By Ramishah Maruf, CNN Business Netflix fired an employee for sharing “confidential, commercially sensitive information” outside of the company about Dave Chappelle’s controversial stand-up special “The Closer,” the company confirmed to CNN on Saturday. The unidentified employee was an organizer of an upcoming walkout by the company’s trans employees, according to a report by The

By Chris Isidore, CNN Business Hertz is going public again. The rental car company, which filed for bankruptcy early in the pandemic and emerged on June 30, has filed paperwork with the Securities and Exchange Commission for an initial public offering. The company signaled its plans for the IPO in August when it reported second

By Parija Kavilanz, CNN Business Beauty addicts beware. Your Sephora addiction is about to get a whole lot worse. Sephora has launched a same-day delivery service just ahead of the holiday shopping season, which is set up to deliver purchases within two hours for a fee. Here’s how it works: customers who place an order

By Nathaniel Meyersohn and Danielle Wiener-Bronner, CNN Business Thanksgiving 2021 may feel a lot more like a normal holiday than last year’s — many Americans have been vaccinated, and restrictions have eased across the country. And that means bigger turkeys are back, too. Grocery chains and retail analysts are expecting people to have bigger gatherings

By Nathaniel Meyersohn, CNN Business Jay Foreman, the chief executive of toymaker Basic Fun, was in a bind over the summer. The end-of-year holiday shopping rush was quickly approaching, but Foreman was struggling to book shipping containers to ferry the company’s toys, which include Tonka trucks, Care Bears and Cutetitos. And when he did find

By Frank Pallotta, CNN Business This weekend, millions of people will head to a movie theater to watch a film about an escaped inmate wearing a washed out William Shatner mask, who terrorizes a small Illinois town with a giant butcher knife. Or they’ll just stay home and watch it on Peacock. Either way, killer

By Matt Egan, CNN Business Senator Elizabeth Warren is accelerating her push to break up Amazon, arguing that the $1.7 trillion company is simply too powerful. “Amazon has the power and uses it to smash little businesses before they ever get a foothold,” the Massachusetts Democrat told CNN in a phone interview. Warren argues it’s

By Paul R. La Monica, CNN Business Wall Street powerhouse Goldman Sachs reported earnings that easily topped analysts’ expectations, capping a stellar week of bank results and helping to power the broader market to solid gains Friday. Goldman Sachs said that it posted a profit of $5.4 billion for the third quarter, which works out

By Paul R. La Monica, CNN Business Bitcoin prices continued their October surge on Friday, topping $60,000 on hopes that the Securities and Exchange Commission will soon approve a bitcoin futures exchange-traded fund. Cryptocurrency investors were excited by a tweet from the verified account of the SEC’s Office of Investor Education and Advocacy late Thursday

By Peter Valdes-Dapena, CNN Business The all-electric Mercedes EQS may well be one of the most important cars in company’s history. And that’s saying a lot, because that’s a whole bunch of history. Mercedes-Benz and its direct ancestor companies have been making internal combustion-powered automobiles longer than any company on Earth. Karl Benz applied for