Business UAW goes on strike against GMCNN - By Chris Isidore, CNN BusinessNew York (CNN Business) — The United Auto Workers union went out on strike against General Motors Sunday night, the first work stoppage in the US auto industry in 12 years. The union's 46,000 hourly workers
Climate Why you're seeing so much news coverage of the climate crisis this monthCNN - By Brian Stelter, CNN BusinessNew York (CNN Business) — More than 250 news outlets around the world have committed to Covering Climate Now. What is it? An initiative to provide focused coverage of the climate crisis in print, on air
Boeing Boeing committee expected to make safety recommendations this weekCNN - By Rene Marsh, CNN BusinessWashington (CNN Business) — A small committee from Boeing's board is expected to deliver safety recommendations to the full board this week, according to a source with knowledge of the situation. The is
Oil Oil prices spike after Saudi attack disrupts global supplyCNN - By Laura He, CNN BusinessNew York/Hong Kong (CNN Business) — Oil prices are trading at their highest levels since May after Saturday's attack on Saudi Arabian oil facilities disrupted the global supply of crude. Futures retreated
Business Snapchat launches political ads library as 2020 election ramps upCNN - By Kerry Flynn, CNN BusinessNew York (CNN Business) — Snapchat launched a political ads library as the mobile app becomes a campaign tool for 2020 candidates. The new library, available as a downloadable spreadsheet on Snap's website,
Business 'Hustlers' wins big as one of Jennifer Lopez's best box office openingsCNN - By Frank Pallotta, CNN BusinessNew York (CNN Business) — "Hustlers" may not have taken the top spot at the box office, but it was arguably the weekend's biggest winner. The film made an estimated $33 million at the North American box
Business Auto workers union says it will strike against GM at midnightCNN - By Chris Isidore, CNN BusinessNew York (CNN Business) — The United Auto Workers union said Sunday that its members at General Motors will walk out by midnight if the automaker does not meet its demands, setting the stage for the nation's
Oil America has a huge stash of emergency oil. This is whyCNN - By Rich Barbieri, CNN BusinessNew York (CNN Business) — Three days before Christmas in 1975, President Gerald Ford signed a law creating the United States' first emergency stash of crude oil. The nation had been traumatized by an embargo
Business The Federal Reserve is poised to deliver another rate cutCNN - By David Goldman, CNN BusinessLondon (CNN Business) — Happy Sunday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. The US Federal Reserve looks set
Saudi Aramco Coordinated strikes knock out half of Saudi oil capacity, more than 5 million barrels a dayCNN - By John Defterios, CNN BusinessAbu Dhabi (CNN Business) — Coordinated strikes on key Saudi Arabian oil facilities, among the world's largest and most important energy production centers, have disrupted about half of the kingdom's oil
iPhone The new iPhone is betting almost everything on its camera. But will it be enough?CNN - By Shannon Liao, CNN BusinessNew York (CNN) — Smartphones are boring now. Every year they stay expensive and get minor upgrades. The new iPhones are no different. The biggest appeal of the iPhone 11, 11 Pro and 11 Pro Max is the Apple
Amazon HQ2 Long Island City tries to move on after Amazon HQ2 debacleCNN - By Kaya Yurieff, CNN BusinessNew York (CNN Business) — If you walk around Long Island City on any given day, you'll see cranes everywhere and new apartment buildings popping up seemingly overnight. Improvements are being made to subway
Bob Iger Bob Iger steps down from Apple's board as Disney becomes a competitorCNN - By David Goldman, CNN BusinessNew York (CNN Business) — Disney CEO Bob Iger resigned from Apple's board of directors Friday, just as the two companies are becoming streaming media competitors. Apple (AAPL) on Tuesday announced the
Business Madewell, J Crew's denim brand, files for an IPOCNN - By Nathaniel Meyersohn, CNN BusinessNew York (CNN Business) — Madewell, J Crew's fast-growing denim brand, plans to split from its struggling parent company and hit the public market. The company will be called Madewell Group and wants list
Satellites Managing traffic in space is difficult and dangerous. Here's how we could make it betterCNN - By Jackie Wattles, CNN BusinessNew York (CNN Business) — The emails all start the same way: "The United States 18th Space Control Squadron has identified a close approach between" your satellite and another. The messages also note projected
MoviePass MoviePass, the game-changing ticketing service, is shutting downCNN - By Frank Pallotta, CNN BusinessNew York (CNN Business) — MoviePass, once a revolutionary ticketing service, is temporarily shutting down on Saturday and it's unclear if it will return. MoviePass' CEO Mitch Lowe posted a letter on the
WeWork WeWork has become poster child for everything wrong with tech unicornsCNN - By Seth Fiegerman, CNN BusinessNew York (CNN Business) — WeWork was supposed to be one of the most high-profile Wall Street debuts of the year. Instead, it's rapidly shaping up to be one of the most high-profile IPO debacles in recent
Business Dow marks 8-day win streak as US-China trade tensions easeCNN - By Paul R. La Monica, CNN BusinessNew York (CNN Business) — Nothing is spooking investors on this particular Friday the 13th. The Dow climbed to its eighth day of gains in a row on the news that China will exempt US soybeans and pork its
Business Appeals court revives Seth Rich family's lawsuit against Fox NewsCNN - By Oliver Darcy, CNN BusinessNew York (CNN Business) — A federal appeals court on Friday revived a lawsuit filed against Fox News by the parents of Seth Rich, a Democratic National Committee staffer whose unsolved murder became the
Business A GM strike could come as early as Sunday. But a union scandal makes negotiations harderCNN - By Chris Isidore, CNN BusinessNew York (CNN Business) — The United Auto Workers union and General Motors are locked in difficult labor negotiations, and a late night Saturday deadline looms for a new contract -- or a strike. A deal
Business The IPO market is heating up but investors are shunning unprofitable companiesCNN - By Paul R. La Monica, CNN BusinessNew York (CNN Business) — Money losing unicorns are falling out of favor with investors. The dismal performances of Uber (UBER), Lyft (LYFT) and Slack (WORK) after they debuted on Wall Street earlier year
Business ABC debate notches 14 million viewers, a sign that interest in primaries is still strongCNN - By Brian Stelter, CNN BusinessNew York (CNN Business) — If you're wondering whether interest in the Democratic primary process has cooled off, check the Nielsen ratings and stop wondering. Thursday night's debate featuring ten presidential
Business The US auto industry is almost extinct in EuropeCNN - By Chris Isidore, CNN BusinessFrankfurt, Germany (CNN Business) — American automakers once felt that doing business in Europe was essential to their global ambitions. Now they see the region as a profit killer, a market to be avoided
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Business House antitrust probe of Big Tech seeks documents from Apple, Amazon, Facebook and GoogleCNN - By Brian Fung, CNN BusinessWashington (CNN Business) — Congressional investigators on Friday called on Amazon, Apple, Facebook and Google to produce a sweeping list of financial records and business documents, opening a new chapter
LSE London Stock Exchange rejects Hong Kong's $37 billion takeover bidCNN - By Hanna Ziady, CNN BusinessLondon (CNN Business) — The London Stock Exchange has roundly rejected Hong Kong's $37 billion takeover bid, saying it was too low, politically risky and lacked strategic merit. In a strongly worded statement
Plastic Sainsbury's commits to cutting its use of plastics by 50%CNN - By Hanna Ziady, CNN BusinessLondon (CNN Business) — Sainsbury's is joining a growing number of retailers that are promising to slash the amount of plastic they use. The British food retailer said Friday that it had committed to plastic
News China exempts US soybeans and pork from tariffsCNN - By Rishi Iyengar, CNN BusinessNew Delhi (CNN Business) — China will exempt American soybeans and pork from its latest round of tariffs, in what appears to be another move to ease tensions between the countries as they prepare for new
Business WeWork makes sweeping corporate governance changes in advance of its IPOCNN - By Chris Isidore, Sara O'Brien, CNN BusinessNew York (CNN Business) — WeWork's parent company said Friday it would make substantial changes to the oversight of its business after investors voiced dissatisfaction with the unusual governance structure
