Money

By Paul R. La Monica, CNN Business It’s been a tough start to the year for investors in big tech companies. Cathie Wood’s ARK Innovation fund, a big owner of Tesla, Zoom and Roku, has plunged nearly 30%. And speculative meme stocks like GameStop and AMC have been crushed. But that’s not causing Berkshire Hathaway’s

By Danielle Wiener-Bronner, CNN Business In October 2020, the moment Trish Priest had been dreading arrived: Tab, the decades-old diet drink, was being killed off by parent company Coca-Cola. What to some was a mere news blip was a crisis for Priest. “I lived in fear of it being discontinued for years,” she said. “When

By Kelly McCleary, CNN “Saturday Night Live” kicked off its show this week with its President Joe Biden reviewing Russia’s efforts to spread misinformation on social media in Ukraine. The scene opened with Biden, played by James Austin Johnson, surrounded by advisers in the Oval Office, including a military adviser portrayed by Kenan Thompson. Johnson’s

By Parija Kavilanz, CNN Business Just as its classes promise, Peloton itself has been getting quite a robust workout lately as it deals with a series of unfortunate events. Peloton bumped up the cost of its bike and treadmill weeks after slashing prices. It had a damaging treadmill recall after the death of an infant.

Opinion by Brian Deese for CNN Business Perspectives The Covid-19 pandemic has laid bare the vulnerabilities in America’s domestic manufacturing base. The nation’s reliance on globally fragmented supply chains has led to shortages of everything from personal protective equipment to semiconductors to shipping containers. And these supply weaknesses have been a primary driver of elevated