Remote or office work? The strategies are varied
As companies implement post pandemic work plans, some businesses are allowing hybrid options while others want employees back in the office full time. CNN’s Anna Stewart reports.
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Microsoft Office is getting a major redesign
By David Goldman, CNN Business Microsoft is redesigning Office to look more like Windows 11. Gone are the flat, bold colors atop the Office app command ribbons — forest green for Excel, deep blue for Word, burnt orange for PowerPoint, etc. They’ll be replaced with a neutral gray color, Microsoft announced in a blog post.
Continue ReadingMicrosoft Office is getting a major redesign
By David Goldman, CNN Business Microsoft is redesigning Office to look more like Windows 11. Gone are the flat, bold colors atop the Office app command ribbons — forest green for Excel, deep blue for Word, burnt orange for PowerPoint, etc. They’ll be replaced with a neutral gray color, Microsoft announced in a blog post.
Continue ReadingFacebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint
By Brian Fung, CNN Business A federal court has dismissed the Federal Trade Commission’s antitrust complaint against Facebook, saying the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking. In an opinion published Monday afternoon, Judge James Boasberg of the US District Court for
Continue ReadingFacebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint
By Brian Fung, CNN Business A federal court has dismissed the Federal Trade Commission’s antitrust complaint against Facebook, saying the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking. In an opinion published Monday afternoon, Judge James Boasberg of the US District Court for
Continue ReadingFTC antitrust complaint against Facebook dismissed by judge
A federal court has dismissed the Federal Trade Commission’s antitrust complaint against Facebook. CNN’s Clare Sebastian breaks down the ruling.
Continue ReadingFacebook’s antitrust win doesn’t put Big Tech stocks in the clear
By Julia Horowitz, CNN Business The news for Facebook couldn’t have been better. What’s happening: On Monday, a US judge dismissed two complaints that accused the company of holding a monopoly on social media — a major setback for regulators that are increasingly looking for ways to break up Silicon Valley’s top players. Facebook’s shares
Continue ReadingA credit card giant says no one should work from the office five days a week
By Matt Egan, CNN Business Some companies can’t wait to get to get their employees back to the office full-time. Synchrony Financial is not one of them. Synchrony, America’s largest store credit card company, is not allowing employees to return to the office five days a week even as the pandemic winds down. Almost everyone,
Continue ReadingAre in-person tech conferences still necessary? Mobile World Congress could be a test
By Clare Duffy, CNN Business Last February, Mobile World Congress became the first major tech event called off as the world confronted the threat of Covid-19. The last-minute cancellation of the event — normally a highlight of the year for the wireless industry with thousands of businesses descending upon Barcelona to showcase their latest innovations
Continue ReadingAre in-person tech conferences still necessary? Mobile World Congress could be a test
By Clare Duffy, CNN Business Last February, Mobile World Congress became the first major tech event called off as the world confronted the threat of Covid-19. The last-minute cancellation of the event — normally a highlight of the year for the wireless industry with thousands of businesses descending upon Barcelona to showcase their latest innovations
Continue ReadingAre in-person tech conferences still necessary? Mobile World Congress could be a test
By Clare Duffy, CNN Business Last February, Mobile World Congress became the first major tech event called off as the world confronted the threat of Covid-19. The last-minute cancellation of the event — normally a highlight of the year for the wireless industry with thousands of businesses descending upon Barcelona to showcase their latest innovations
Continue ReadingUnited Airlines orders 270 jets, its biggest aircraft purchase ever
By Chris Isidore, CNN Business United Airlines on Tuesday announced orders to buy 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade. The list price for the 270 jets totals about $35 billion. Airlines typically pay only a fraction of list prices —
Continue ReadingMillions of jobs and a shortage of applicants. Welcome to the new economy
By Julia Horowitz, CNN Business There’s a problem at James Hook’s chicken farms, and it has nothing to do with poultry. P.D. Hook, a hatchery that supplies one third of the chickens sold in the United Kingdom, should be humming along as the economy roars back to life. But the company is short about 40
Continue ReadingFacebook recruits dozens of writers and jumps into newsletters with new Bulletin product
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. Facebook is rolling out its new newsletter product, called Bulletin, on Tuesday, according to sources involved with the initiative. Bulletin is Facebook’s version of Substack: A way to create and
Continue ReadingLA Times’ strategy: Be a media platform, not just a newspaper
CNN’s Brian Stelter speaks with Los Angeles Times owner Patrick Soon-Shiong and editor Kevin Merida as the publication expands its digital footprint in an effort to “redefine the modern American newspaper.”
Continue ReadingMorgan Stanley is doubling its dividend and buying back up to $12 billion of stock
By Alexis Benveniste, CNN Business Morgan Stanley is doubling its quarterly dividend from 35 cents a share to 70 cents a share, and buying back up to $12 billion of stock, the company announced Monday. The powerful Wall Street bank “has accumulated significant excess capital over the past several years” Morgan Stanley chairman and CEO
Continue ReadingBitcoin climbs on Mexican billionaire’s tweet
By Alexis Benveniste, CNN Business Bitcoin rose Monday after Ricardo Salinas Pliego, the owner of Mexico’s Banco Azteca, said he was pushing his country to accept the cryptocurrency and encouraged his Twitter followers to buy it. “Me and my bank are working to be the first bank in Mexico to accept #Bitcoin,” he tweeted Sunday.
Continue ReadingFacebook hits $1 trillion market cap after federal court dismisses FTC antitrust complaint
By Brian Fung, CNN Business A federal court has dismissed the Federal Trade Commission’s antitrust complaint against Facebook, saying the agency had failed to provide evidence for its claim that the social media giant holds a monopoly in social networking. In an opinion published Monday afternoon, Judge James Boasberg of the US District Court for
Continue ReadingExclusive: America’s biggest banks detail 30 things they can do to combat racial inequality
By Matt Egan, CNN Business America’s biggest banks insist they can and will do more to combat the nation’s racial inequality crisis. The trade group behind JPMorgan Chase, Wells Fargo, Bank of America and dozens of other big banks is detailing 30 best practices lenders can take to ease inequality in Black communities. The report
Continue ReadingGas stations are running out of gas ahead of the holiday weekend
By Chris Isidore, CNN Business When tens of millions of Americans hit the road this holiday weekend, they’re going to find the highest prices for gasoline in nearly seven years. But many will also find stations that don’t have any gas at all. The national average price for a gallon of regular stands at $3.10,
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