Money

By Tiffany Anthony and Nicole Chavez, CNN A judge in Los Angeles has ruled a law requiring public companies headquartered in California to diversify their boards violates the state’s constitution, court documents show. On Friday, Judge Terry Green of Los Angeles County Superior Court sided with Judicial Watch, a conservative legal group that filed a

By Matt Egan, CNN Business Two top House Democrats are pushing the CEOs of ExxonMobil, Chevron, BP and Shell to scrap their stock buyback and dividends during the war in Ukraine and shift funding for those shareholder rewards towards lowering prices at the gas pump. “As Vladimir Putin’s illegal war against Ukraine is raising gas

By Danielle Wiener-Bronner, CNN Business On Monday Coca-Cola unveiled a new, limited-edition flavor that’s supposed to taste like…pixels. Yes, pixels. “Coca-Cola Zero Sugar Byte makes the intangible taste of the pixel tangible,” Oana Vlad, senior director of strategy at Coca-Cola, told CNN Business in an email. “Byte” is the second flavor to emerge from the

More workers are returning to the office after working from home the last two years. Not only has this meant an adjustment to daily routines, but also spending, as employees start shelling out money for commuting costs, coffee and lunch runs and office attire — all of which has been made more expensive by rising

By Kathryn Vasel Amid America’s Great Resignation, millions of workers continue to leave their jobs. In February, 4.4 million employees quit, according to the Labor Department, and the unemployment rate dropped to a pandemic-era low of 3.6% in March. But despite headlines about employers struggling to attract and hire workers, finding a new job can

By Nadeen Ebrahim, CNN The Ukraine war is wreaking havoc on the world economy, but in the Middle East its impact hasn’t been so grim for everyone. Some of the world’s biggest hydrocarbon producers, the Gulf nations are seeing billions of dollars added to their coffers aided by a Ukraine war-driven rally in oil prices.

By Anna Cooban, CNN Business European officials have signaled that they could sanction Russia’s energy exports after images emerged of mass killings of civilians in Bucha, near the Ukrainian capital. Josep Borrell, the European Union’s top diplomat, said in a statement Monday that the bloc was working as a “matter of urgency” on drawing up

By Chris Isidore, CNN Business Elon Musk recently purchased 9.2% of Twitter stock, according to a filing Monday, making him the largest shareholder in the company. News of the purchase sent shares of Twitter soaring 22% in early trading. Musk did not disclose what he paid for the shares, but his stake was worth $2.9