By Jordan Valinsky, CNN Business Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of Ukraine. So far, officials in Ohio, Utah and New Hampshire have called on liquor stores to remove Russian-made or Russian-branded products from shelves, a move that largely targets vodka since it’s most closely associated with
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By Julia Horowitz, CNN Business Russian President Vladimir Putin’s decision to invade Ukraine last week shattered the security order in Europe that has existed since the end of the Cold War. It’s also compelled investors to consider whether they need to adjust to a world that’s changed for good. “I believe that Russia’s invasion of
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By Frank Pallotta, CNN Business Robert Pattinson will be the latest actor to don the cape and cowl on the big screen in “The Batman,” which hits theaters on Friday. The Warner Bros. film is anticipated to be one of the biggest blockbusters of the year: Films based on Batman have notched more $5 billion
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By Frank Pallotta, CNN Business “Saturday Night Live” returned from a nearly monthlong hiatus without a cold open. Instead of a funny satirical sketch, the NBC variety show chose to present a powerful tribute to the country of Ukraine. The tribute follows Russia launching an unprecedented military assault on the country earlier this week. The
Continue Reading By Frank Pallotta, CNN Business “Saturday Night Live” returned from a nearly monthlong hiatus without a cold open. Instead of a funny satirical sketch, the NBC variety show chose to present a powerful tribute to the country of Ukraine. The tribute follows Russia launching an unprecedented military assault on the country earlier this week. The
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By Ramishah Maruf, CNN YouTube said Saturday that it will temporarily halt the ability of a number of Russian channels, including state-sponsored RT, to monetize their content on the platform. It will also be “significantly limiting” recommendations to those channels, YouTube said in a statement. The company said the channels are affiliated with recent sanctions,
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By Chris Isidore, CNN Business Russia isn’t a superpower, at least not when it comes to the global economy. Its gross domestic product puts it as only the 12th largest economy in the world according to the International Monetary Fund, about 25% smaller than Italy and more than 20% smaller than Canada, two countries with
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By Brian Stelter, CNN Business Chris Licht, the producer who created “Morning Joe,” revamped “CBS This Morning” and revitalized “The Late Show with Stephen Colbert,” has been selected to run CNN once Discovery merges with WarnerMedia this spring, according to three sources with knowledge of the plan. The parties involved have not yet commented on
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By Jon Sarlin, CNN Business Bitcoin is a pollution-creating mess. Despite efforts to make the energy-intensive mining process friendlier to the environment, it has grown significantly more reliant on fossil fuels over the past year. China’s cryptocurrency mining ban in the spring of 2021 significantly worsened Bitcoin’s environmental impact, according to a new research on
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By Michelle Toh, CNN Business Cryptocurrency prices are climbing after Russia’s ruble sank to another record low and Moscow was hit with new sanctions. As of 5:25 a.m. ET on Tuesday, bitcoin had jumped 13% over the last 24 hours to $43,163, according to cryptocurrency tracker CoinDesk. Other cryptocurrencies moved higher, too. Ethereum climbed 10%
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By Clare Duffy and Brian Fung, CNN Business Ukraine’s official Twitter account wants @Russia to be removed from the platform. YouTube is facing scrutiny for allowing a Russian broadcaster who is widely viewed as part of the country’s propaganda machine to continue making money from ads on the video site. And TikTok, a service that
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By Paul R. La Monica, CNN Business Warren Buffett’s Berkshire Hathaway reported a nearly $40 billion profit in the fourth quarter, up more than 10% from the same period of 2020. Profits more than doubled for the full year, to just shy of $90 billion. Operating earnings, Buffett’s preferred measure of profitability, soared 45% in
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By Jordan Valinsky, CNN Business It doesn’t matter where you go: Fast-food hamburgers almost uniformly look like the same round, flat patties. Except for Wendy’s, which has square burgers. The reason for the outlier four-sided shape can be traced back to Wendy’s founder Dave Thomas. In 1969, he opened the first Wendy’s in Columbus, Ohio,
Continue Reading By Alicia Wallace, CNN Business The grocery run, the fuel-up and the utility bill are all costing more these days — not to mention the surging home prices and rising rents. But a trip to the neighborhood dispensary might not elicit similar feelings of sticker shock. While Americans have seen prices climb across most of
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By Oliver Darcy, CNN Business The state of affairs in the Ukrainian capital of Kyiv keeps changing at a breakneck pace. Within days, residents have gone from not believing Russia would attack their country to taking cover in bomb shelters and praying for help. Some have left the city, while others have picked up automatic
Continue Reading By Oliver Darcy, CNN Business The state of affairs in the Ukrainian capital of Kyiv keeps changing at a breakneck pace. Within days, residents have gone from not believing Russia would attack their country to taking cover in bomb shelters and praying for help. Some have left the city, while others have picked up automatic
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Russia’s invasion of Ukraine continues to affect many people around the world including here in Mid-Missouri.
Continue Reading By Chris Isidore, CNN Business Union organizers overwhelmingly won a vote Friday to represent workers at a Starbucks in Mesa, Arizona, giving them their third win in an effort to organize the sector. The vote was 25 in favor of the union and only 3 opposed. There were a total of 43 workers eligible to
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By Jennifer Korn, Pete Muntean and Gregory Wallace, CNN The Russian invasion of Ukraine has already killed hundreds, sent thousands of refugees fleeing, and sent ripples throughout the entire world. With closed airspaces in and around the conflict leaving some stranded and flights rerouted, impending fuel price jumps, airlines and countries cutting off Russia and
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By Brian Fung, CNN Business The Federal Communications Commission is on the hunt for companies it oversees that may have ownership ties to Russia, in a prelude to possible clampdowns following Russia’s invasion of Ukraine. The internal assessment, which has not been previously reported or publicly announced, was launched this week by FCC Chairwoman Jessica
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