Money

CNN, CNNBUSINESS By Julia Chatterley Calls for increased regulation of Facebook continue to grow louder after leaked internal documents became public and whistleblower Frances Haugen’s testimony showed that the social media platform has repeatedly failed to rein hate speech and misinformation. On Friday, a consortium of 17 US news organizations began publishing stories — collectively

CNN By Eoin McSweeney and Adam Pourahmadi, CNN Business A small group of ultra-wealthy individuals could help solve world hunger with just a fraction of their net worth, says the director of the United Nations’ World Food Programme. Billionaires need to “step up now, on a one-time basis”, said David Beasley in an interview on

By Paul R. La Monica, CNN Business What a difference a month makes. Stocks sank in September on worries about inflation, the rise of the Covid-19 Delta variant, China’s crackdown on top tech firms and Washington gridlock potentially killing the chances that President Biden’s stimulus package gets passed. But as October ends, Wall Street is

CNN, WBBM, KSWB, WABC, WFOX, WJAX, GETTY IMAGES, ABC, FOX NEWS, MODERNA, TEXAS CHILDREN’S HOSPITAL, THE FLORIDA CHANNEL, WFOX/WJAX By Alison Kosik, CNN Business Just days before a Covid-19 vaccine deadline for all Tyson Food employees in the United States, the company announced that 96% of its “active” employees have been vaccinated against the coronavirus.

By Alison Kosik, CNN Business Just days before a Covid-19 vaccine deadline for all Tyson Food employees in the United States, the company announced that 96% of its “active” employees have been vaccinated against the coronavirus. In August, Tyson mandated that all its 120,000 US workers get the vaccine by November 1. Tyson’s President and

By Chris Isidore, CNN Business Almost all employees at United Airlines have complied with the company’s vaccine mandate — and they do not want to fly with unvaccinated co-workers, according to the airline. United is facing a federal lawsuit brought by six of its employees who have applied for a medical or religious exemption to

CNN By Anneken Tappe, CNN Business American consumers are feeling good again. Supply chain issues and sky-high inflation have done little to knock consumer confidence as people plan to spend big on big-ticket purchases, such as houses, cars and major appliances. And that’s a strong signal that consumer spending will continue through the holiday season

By Anneken Tappe, CNN Business American consumers are feeling good again. Supply chain issues and sky-high inflation have done little to knock consumer confidence as people plan to spend big on big-ticket purchases, such as houses, cars and major appliances. And that’s a strong signal that consumer spending will continue through the holiday season and

By Peter Valdes-Dapena, CNN Business General Motors has said it intends to sell nothing but electric-powered vehicles by 2035, but it’s still 2021, and gasoline consumption isn’t over at GM just yet. On the same day GM announced investments in electric vehicle charging, it also unveiled a new 670 horsepower Chevrolet Corvette with a new

By Matt Egan, CNN Business The Biden administration’s Covid-19 vaccine mandate for federal contractors will further disrupt already stressed-out supply chains, Raytheon Technologies warned Tuesday. Raytheon, a conglomerate that makes jet engines, missiles and drones, joins a growing list of business groups expressing concern about the December 8 deadline for employees of federal contractors to

INSTAGRAM|@SARABLAKELY By Amy Woodyatt, CNN Business The chief executive and founder of shapewear company Spanx has surprised employees with two first-class plane tickets and $10,000 each to celebrate the company’s $1.2 billion deal with Blackstone. Spanx founder Sara Blakely surprised employees with the news, she revealed in a post on her verified Instagram account Friday.

By Moira Ritter, CNN Business UPS just posted its best year ever — and 2021 isn’t even over yet. Next year could be even better for UPS, because it’s hiking its rates substantially in 2022. In the midst of gridlocked supply chains and inflation woes, UPS continues to benefit from the increase in online shopping

CNN, CNN BUSINESS By Moira Ritter, CNN Business UPS just posted its best year ever — and 2021 isn’t even over yet. Next year could be even better for UPS, because it’s hiking its rates substantially in 2022. In the midst of gridlocked supply chains and inflation woes, UPS continues to benefit from the increase