CNN – Business/Consumer

By Frank Pallotta, CNN Business Leslie Jones can keep posting unfiltered videos of herself commenting on the Olympics, according to NBC. On Monday, Jones said she would stop making the videos, because they were routinely getting blocked. But NBC said Tuesday that the former “Saturday Night Live” cast member can continue offering her commentary while

By Chris Isidore, CNN Business This is the best labor market most workers have ever experienced in their lives. So why are so many Americans feeling gloomy about the state of the US economy? The simple answer is inflation, as measured by the consumer price index, which is showing the fastest rate of price increases

CNN By Ivana Kottasová and Charles Riley, CNN Business President Joe Biden said Monday that natural gas will not flow through Russia’s Nord Stream 2 pipeline to Germany if Moscow orders an invasion of Ukraine. What does an $11 billion undersea pipeline between Russia and Germany have to do with Ukraine? And why is it

CNN, CNNBUSINESS By Jordan Valinsky, CNN Business Peloton is replacing embattled CEO John Foley and cutting about 20% of its workforce to help reinvigorate the flailing fitness company. Barry McCarthy, the former chief financial officer of Spotify and Netflix, will become its CEO and president, effective Wednesday. Foley will become the company’s executive chair, and

By Paul R. La Monica, CNN Business Pfizer’s sales in the fourth quarter more than doubled, thanks to strong demand for its Covid-19 vaccine. But that wasn’t good enough to satisfy investors. The drugmaker said it posted revenue of $23.8 billion, missing Wall Street’s expectations of $24.1 billion. More than half of Pfizer’s total sales,

By Jordan Valinsky, CNN Business Peloton is replacing embattled CEO John Foley and cutting about 20% of its workforce to help reinvigorate the flailing fitness company. Barry McCarthy, the former chief financial officer of Spotify and Netflix, will become its CEO and president, effective Wednesday. Foley will become the company’s executive chair, and wrote in

By Parija Kavilanz, CNN Business Loan Nguyen is a new mom living in a constant state of anxiety. For the past several weeks, following the premature birth of her twins, Maxine and Lawrence, Nguyen has spent hours every day searching the internet or making phone calls trying to find more baby formula to buy for

By Mark Thompson, CNN Business News that Britain’s biggest oil companies made $32 billion in profit last year is stoking calls for the UK government to impose a temporary tax on their earnings to help households pay soaring energy bills. Reporting earnings on Tuesday, BP posted an annual profit of almost $12.9 billion. Shell reported

By Rob McLean, CNN Business Crypto fans rejoice: Bitcoin is mounting a comeback. The virtual currency briefly breached the $45,000 milestone for the first time in roughly a month overnight, according to CoinMarketCap. It later dipped back below that mark, and was last trading around $44,800 per coin. It’s not clear what caused the latest

CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Through my coverage of various media industry scandals over the years, and through my first-hand experience with a few of them, I can confidently say this: The scandals are

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Through my coverage of various media industry scandals over the years, and through my first-hand experience with a few of them, I can confidently say this: The scandals are more

CNN, CNN BUSINESS By Diksha Madhok, CNN Business India’s Gautam Adani has overtaken his fellow countryman Mukesh Ambani to become the wealthiest person in Asia, according to Bloomberg’s list of the world’s richest people. The 59-year-old founder of Adani Group controls companies ranging from ports and aerospace to thermal energy and coal, and now has

By Diksha Madhok, CNN Business India’s Gautam Adani has overtaken his fellow countryman Mukesh Ambani to become the wealthiest person in Asia, according to Bloomberg’s list of the world’s richest people. The 59-year-old founder of Adani Group controls companies ranging from ports and aerospace to thermal energy and coal, and now has a net worth

By Sonia Moghe, CNN James Bennet, former head of the New York Times editorial section who is being sued along with the paper by Sarah Palin for defamation is expected to take the witness stand Tuesday, an attorney for Palin said in court. Multiple other Times staffers testified Monday about their roles in the 2017

By Isabelle Jani-Friend and Angela Dewan, CNN Amazon, Google, Ikea and BMW are among some of the world’s biggest companies failing to meet their own proclaimed climate targets and align with international agreements to slash greenhouse gas emissions, a new report claims. The Germany-based NewClimate Institute assessed the climate strategies of 25 major companies and