Money

By Hanna Ziady, CNN Business Should Nigeria’s natural riches remain in the ground? Africa’s biggest economy has 206 million people, endemic poverty and vast energy reserves that could be harnessed to fuel development. But it’s coming under huge pressure from developed countries to abandon fossil fuels and shift to renewable energy in order to help

By Nathaniel Meyersohn, CNN Business Attempting to adapt in retail can create some strange bedfellows. Like homegoods’ chains and supermarkets. Bed Bath & Beyond will sell some of its bedding, storage and baby furniture at Kroger beginning next year, the two companies announced Tuesday. Bed Bath & Beyond’s items will first be available on Kroger’s

By Anna Bahney, CNN Business Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25% reduction in its staff. In its quarterly earnings report on Tuesday, the company said it will see a total write-down of more than $540 million as a result of its

By Paul R. La Monica, CNN Business The Dow Jones Industrial Average closed above the 36,000 mark for the first time Tuesday following a gain of about 140 points, or 0.4%. On Monday it had briefly risen above 36,000 but didn’t end the day there. Investors had to wait only a little more than three

By Danielle Wiener-Bronner, CNN Business It’s harder than you might think to deliver french fries that aren’t too crispy or soggy. Just ask the burger chain White Castle. Timing is key: Fries need to be in oil for the right amount of time. But employees in fast food restaurants are often subject to a flurry

By Frank Pallotta, CNN Business Quentin Tarantino is getting into NFTs. The two-time Academy Award-winning director and screenwriter announced Tuesday that he will sell NFTs of seven original scenes from “Pulp Fiction,” arguably his most famous film. Tarantino will auction the never-before-seen clips as “Secret NFTs,” which will be built on Secret Network — a

By Brian Stelter, CNN Business The Justice Department is suing to block Penguin Random House’s proposed acquisition of Simon & Schuster, arguing that the combination of the two book business giants “would likely harm competition in the publishing industry.” Tuesday’s complaint in United States District Court is one of the first major antitrust actions by

By Kathryn Vasel, CNN Business You shouldn’t be the only one answering questions during a job interview. While you want to showcase why you are the best candidate for the position, you also want to learn as much as you can about what it’s really like to work there. And that means going beyond benefits

By Chris Isidore, CNN Business When Hertz announced plans to buy 100,000 Teslas last week — the largest-ever single order for electric vehicles — it was hailed as a breakthrough moment for the shift to EVs. But maybe it wasn’t. Or maybe it still is. The “order” was thrown into doubt late Monday by —

By Paul R. La Monica, CNN Business Avis Budget investors didn’t really need to try harder to make any money from the stock on Tuesday. The rental car company’s shares more than doubled after Avis Budget reported strong earnings Monday evening that easily topped Wall Street’s forecasts. The stock was up as much as 218%