Money

By Charles Riley, CNN Business The United States and China have each taken turns powering the global economic recovery from the pandemic. Is Europe next? The European economy rebounded more strongly than expected after lockdown restrictions were eased earlier this year. And it has avoided some of the big risks now clouding the outlook for

By Matt McFarland, CNN Business Today Tesla dominates the world of electric vehicles, selling about two of every three EVs sold in the US. It’s worth more than twice as much as any other automaker. Teslas are a status symbol and its CEO, Elon Musk, is a celebrity, with 59 million more Twitter followers than

By Radina Gigova, CNN Up to 10,500 lorry drivers and poultry workers are to be offered temporary UK visas in an attempt to avoid supply chain disruptions ahead of Christmas, the government has said in a statement. The UK government had previously ruled out issuing visas to foreign workers, but reports on Saturday suggested ministers

By Frank Pallotta, CNN Business Fans of Netflix’s immensely popular horror series “Stranger Things” got their most substantial look at the upcoming fourth season of the series on Saturday. The teaser — which Netflix debuted at TUDUM, its first-ever global fan event — provided few details. It also was brief, clocking in at around a

By Chauncey Alcorn, CNN Business Editor’s note: A previous version of this story and headline incorrectly stated that Walmart had not recently hired any people of color to fill executive management roles or board of director vacancies. Walmart has, in fact, hired several people of color for those roles in recent months. A previous version

By Danielle Wiener-Bronner, CNN Business Amazon Prime users must soon say goodbye to free Whole Foods delivery. Starting on October 25, every Whole Foods delivery order placed through Amazon Prime will include a $9.95 delivery charge. Amazon Prime members were notified of the change via email Friday. The new fee is designed to help cover

By Julia Horowitz, CNN Business Angela Merkel is about to bow out as chancellor of Germany after 16 years, marking the start of a new era for Europe’s largest economy. The results of Sunday’s election are hard to predict, and the formation of a government could take weeks or months to play out. But when

By Parija Kavilanz, CNN Business The pandemic sent droves of office employees into yoga pants and t-shirts almost overnight. Now, with more offices reopening and many shifting to a hybrid model, it’s looking like a move to more casual wear — not just for workouts– may be here to stay. That’s great news for a

Opinion by Khalid Usman, Andrew Buchanan and Tom Stalnaker for CNN Business Perspectives There were moments in the spring and early summer when US airlines saw a chance for domestic leisure air traffic to recover to 2019 levels by the end of this year — and for a significant pickup in both business and international

By Chris Isidore, CNN Business If it’s debt ceiling crisis season, then it’s also time for the craziest solution to the problem: Getting President Joe Biden to issue a $1 trillion coin. The idea, which has been around for about a decade, is that the president can issue a $1 trillion “commemorative” coin, deposit it

By Kathryn Vasel, CNN Business Starting a new job is nerve-wracking: You’re trying to remember everyone’s names and roles, and learn the culture, all the while trying to put your best foot forward. And for new hires who are joining a company remotely during the pandemic, the onboarding process can be even more difficult. Here’s

By Manveena Suri, CNN A defendant standing trial for murder has been killed by two men, believed to be members of a rival gang, who shot him in a New Delhi courtroom. Two gunmen dressed as lawyers opened fire on Friday afternoon while a jailed gang member was being presented in court, according to Delhi

By Frank Pallotta, CNN Business Netflix is holding its first-ever global fan event, called “TUDUM,” this weekend. And the Comic-Con-like festivities represent a major moment in the streamer’s evolution. TUDUM, named for the sound Netflix plays when viewers first open the app, is Netflix’s bid to solidify the fan communities around their biggest titles —

By Hanna Ziady, CNN Business The former chairman of China’s most valuable drinks maker, Kweichow Moutai, has been sentenced to life in prison after a court found him guilty of taking bribes. In the latest example of Beijing’s long-running crackdown on corruption, a court in the company’s home province of Guizhou on Thursday sentenced Yuan