Money

By Anneken Tappe, CNN Business ESG investing — funds that are conscious of companies’ actions on the environment, society and governance — is an increasingly popular trend for people concerned about how their money is being used. It sounds great, but it’s complicated. The ESG label is meant to make investing green easier by giving

By Chris Isidore and Peter Valdes-Dapena, CNN Business Federal safety regulators are investigating at least 11 accidents involving Tesla cars using Autopilot or other self-driving features that crashed into emergency vehicles when coming upon the scene of an earlier crash. The National Highway Transportation Safety Administration said seven of these accidents resulted 17 injuries and

By Paul R. La Monica, CNN Business If you’ve ever tried to separate a Roblox-playing tween from their smartphone, you know how addictive the game can be. Roblox, the gaming platform that’s super popular with young kids (and investors), released financial results Monday afternoon. The company’s second-quarter revenue missed forecasts. The stock was flat after

Opinion by Dan Schulman, Robert F. Smith and Rich Lesser for CNN Business Perspectives Amid the national reckoning over racial inequality, corporations and foundations across the country have pledged roughly $11 billion to support causes that promote racial equity. Yet to date, only about half of that promised amount — roughly $5.8 billion — appears

By Julia Horowitz, CNN Business It’s a tough moment to predict the future of the travel industry. Just look at Airbnb’s stock. What’s happening: The company had a huge second quarter, with revenue soaring nearly 300% as spring and summer bookings jumped. But shares remain almost 30% below the all-time high they hit in February.

By Hanna Ziady, CNN Business Hyatt is expanding its reach in luxury resorts, betting that pent-up demand following the pandemic will boost demand for upmarket leisure travel. The US hotel group said in a statement Sunday that it has agreed to buy luxury resorts operator Apple Leisure Group from private equity firms KKR and KSL

By Michelle Toh and Lauren Lau, CNN Business Major international airlines are scrambling to reroute flights away from Afghan airspace as the country falls to the Taliban, disrupting passenger services to India, Pakistan and the United Arab Emirates. On Monday, United Airlines, Virgin Atlantic, Emirates and Flydubai all announced changes to flights to or over

By Laura He, CNN Business China’s economic recovery is slowing down — and it’s not just the spread of the Delta variant of Covid-19 that has economists and government officials on alert. Chinese officials on Monday released new data on industrial production, investment and retail sales for July showing signs of weakness in the economy.

By Diksha Madhok, CNN Business In almost 40 years with Tata Consultancy Services, N. Ganapathy Subramaniam and his team hardly ever worked remotely. But when India announced its coronavirus lockdown in March 2020 — the toughest in the world at the time — his company undertook the enormous challenge of enabling hundreds of thousands of

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. With futuristic speed, Afghanistan is being sent back in time, to what is often called a “dark age” of Taliban domination. The Afghan population is bearing witness with digital age

By Alexis Benveniste, CNN Business As Taliban forces seize control in Afghanistan, global news outlets are struggling to stay safe and continue reporting. But local journalists could be at greater risk. The Committee to Protect Journalists has warned that Afghan journalists face extreme dangers amid the Taliban takeover. On Sunday, the militants took control of

By Peter Valdes-Dapena, CNN Business Bugatti announced that it will be making a production version of its concept car called the Bolide, an 1,800-horsepower, 16-cylinder track-only supercar with a top speed of over 300 miles per hour. And this will likely be the last gasoline-powered car the French automaker will build. Bugatti said the Bolide