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Opinion by Henning Gloystein for CNN Business Perspectives Energy shortages and price spikes are roiling markets around the globe. The situation looks especially dire in Europe, which is facing industrial shutdowns, and in China, where there have already been blackouts. If winter heating demand spikes, the crisis is only going to get worse. There will

By Paul R. La Monica, CNN Business Music superstars BTS and Harry Styles are hitting the road this fall, while The Weeknd and Billie Eilish have concerts planned for 2022. Live music is back — and that’s great news for Live Nation. Shares of Live Nation, a concert promoter, venue operator and the owner of

By Anneken Tappe, CNN Business September was no easy month for America’s factories. They struggled with shortages of materials and qualified workers plus the aftermath of Hurricane Ida, which battered the US gulf coast at the end of August. US industrial production fell 1.3% last month, according to data collected by the Federal Reserve, which

By Kathryn Vasel, CNN Business You’ve been interviewing with three different companies that all sound promising, and Company A is the first to give you an offer. You’re excited, but you are still interested in what Company B and C might have to offer. What do you do? It’s not uncommon for job seekers to

By Matt Egan, CNN Business In a blow to the climate movement, US power companies are ramping up their coal consumption due to surging natural gas prices. US coal-fired generation is expected to surge by 22% in 2021, the US Energy Information Administration said Monday. That would mark the first annual increase in coal-fired electric

By Danielle Wiener-Bronner, CNN Business IHOP wants to give you a new reason to get its food on the go and consider it an option for later in the day. The chain on Monday added a new line of sandwich melts, including a roasted turkey melt, pulled pork melt, buffalo chicken melt and even a

By Sean Lyngaas and Brian Stelter, CNN Sinclair Broadcast Group, one of the largest TV station operators in the US, said Monday that a ransomware incident is disrupting some of its office and operational networks. At an early afternoon town hall meeting held via Zoom, staffers were told that the ripple effects are widespread and

By Matt Egan, CNN Business A bipartisan group of lawmakers warned Amazon on Monday they are concerned top executives including former CEO Jeff Bezos may have misled or even lied to Congress about the company’s business practices. The lawmakers, members of the House Judiciary Committee’s antitrust subcommittee, cited recent media reports that cast doubt on

By Julia Horowitz, CNN Business Goldman Sachs has received clearance to take full ownership of its securities joint venture in China, a sign that Beijing remains open to foreign financial firms even as geopolitical tensions simmer. Goldman announced Sunday that the entity, previously called Goldman Sachs Gao Hua Securities Company, will be renamed Goldman Sachs

By Rob McLean and Chris Isidore, CNN Business The auto industry continues its rush to build factories for production of the massive batteries needed to power electric vehicles. Automaker Stellantis, formed by last year’s merger of Fiat Chrysler and French automaker PSA Group, and South Korean battery maker LG Energy Solution announced Monday they are