Money

By Anneken Tappe, CNN Business The American consumer is dealing with a lot of problems: higher prices, shortages and the Delta variant. America’s economy can’t fully recover without help from its consumers, who are the backbone of the nation’s economic strength. But rising inflation, goods shortages, supply chain issues and rising coronavirus cases have left

By Ramishah Maruf, CNN Business Salesforce announced that it will assist its employees and their families if they want to leave Texas after the state passed the nation’s most restrictive abortion law. In a Slack message obtained by CNBC, the cloud computing company told its 56,000 employees that they “stand with all of our women

By Danielle Wiener-Bronner, CNN Business DoorDash, Grubhub, and Uber Eats are suing New York City over its decision to make pandemic-era caps on the fees they charge restaurants permanent. The companies argue that the restrictions amount to government overreach and ultimately hurt consumers. New York City last year started restricting what third-party platforms can charge

By Kerry Flynn, CNN Business Watch CNN’s “Shine A Light,” a commercial-free 9/11 20th anniversary tribute, hosted by Jake Tapper and featuring musical performances by Maroon 5, H.E.R., Brad Paisley, and Common on Saturday, September 11 at 8 p.m. ET. The terror attacks of September 11, 2001 were centered around the East Coast, but its

By Chris Isidore, CNN Business United Airlines told employees that they will be placed on indefinite unpaid leave if they refuse to get a Covid vaccine for religious reasons. The company’s vaccine mandate is much tougher than those imposed by many other companies, or the ones announced by President Joe Biden Thursday. The federal mandate,

By Allison Morrow, CNN Business Federal regulators slapped Wells Fargo with yet another fine for failing to move fast enough to compensate customers who were victims of the bank’s “unsafe or unsound” practices. The Office of the Comptroller of the Currency, the banking regulator within the Treasury Department, told the scandal-plagued bank it must pay

By David Goldman, CNN Business President Joe Biden gave a gift to every major company in America by forcing them to mandate vaccines or stringently test their employees for Covid. Their reaction to the new rule: glee. Corporate America had been trying to navigate two competing pandemic realities: Companies are desperately trying to get back

By Jordan Valinsky, CNN Business Private equity firm Blackstone Group is abandoning its $3 billion bid for a controlling stake in Soho China, one of the country’s largest real estate developers. In a regulatory filing Friday, Blackstone said it decided to drop the deal “in light of the lack of sufficient progress” being made among

By Peter Valdes-Dapena, CNN Business There was a slight drizzle when I was getting ready to go for a short drive in Bentley’s new Bacalar. Ordinarily, this would not be a big deal. The rain was hardly enough to warrant an umbrella. Except the Bentley Bacalar has no roof. The Bacalar is not a convertible.

By Hanna Ziady, CNN Business Back in the spring, as the pace of vaccinations increased rapidly and growth predictions improved, businesses were hopeful that by the fall economic activity would largely be back to normal. Well, September has arrived but the return to normal that many expected remains elusive. What’s happening: Developments over the past