submitted 33 Minutes ago in Business
Twitter searches for the widespread Covid-19-related protests in China are returning a flood of spam, pornography and gibberish that some disinformation researchers say at first glance appear to be a deliberate attempt by the Chinese government or its allies to drown...
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Frontier Airlines no longer has a customer service phone line | CNN Business
submitted 10 Hours ago in Business
Customers who need flight information or want to make changes to travel plans can no longer call Frontier Airlines and speak to an agent, the company confirmed to CNN Saturday.
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A look back at Elon Musk's chaotic first month at Twitter | CNN Business
submitted 10 Hours ago in Business
Sunday officially marks one month since the world's richest man took the helm at Twitter.
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Apple has a huge problem at Foxconn's iPhone factory in China | CNN Business
submitted 10 Hours ago in Business
A violent workers' revolt at the world's largest iPhone factory this week in central China is further scrambling Apple's strained supply and highlighting how the country's stringent zero-Covid policy is hurting global technology firms.
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Online Black Friday sales set a new record | CNN Business
submitted 10 Hours ago in Business
Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year, according to Adobe Analytics, kicking off a solid start to the holiday shopping season despite inflation and other economic concerns.
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Ford recalling 520.000 Escape and Bronco Sport SUVs | CNN Business
submitted 3 Days ago in Business
Ford has announced another SUV recall, this time impacting about 520,000 Ford Escape and Bronco Sport compacts in the United States. Potential cracks in the vehicles' fuel line could cause fires to break out under the hood of some cars, according to Ford and the...
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Thanksgiving used to be a movie feast. This year? Slim pickings | CNN Business
submitted 3 Days ago in Business
Thanksgiving weekend has historically offered a cornucopia of films, letting moviegoers get out of the house and kick back after eating copious amounts of turkey, mashed potatoes and pie.
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How a CoinDesk scoop led to the fall of Sam Bankman-Fried and implosion of FTX | CNN Business
submitted 3 Days ago in Business
The staggering level of apparent deception staged by former crypto king Sam Bankman-Fried wasn't uncovered by government investigators or a major powerhouse financial news organization, such as The Wall Street Journal.
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submitted 3 Days ago in Business
Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world's largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China.
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UK strikes: Nearly 200,000 British workers are striking on Black Friday | CNN Business
submitted 3 Days ago in Business
Britain's cost-of-living crisis is already taking the shine off Black Friday. Now, the annual shopping bonanza faces an additional threat from strikes that could disrupt deliveries, subdue online sales and deliver another blow to the slumping economy.
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Nexperia and Elmos cases show how the US-China chip war is spilling over to Europe | CNN Business
submitted 4 Days ago in Business
Two European chip deals have run into trouble over their links with China, a sign of concern spreading in the West over potential Chinese control of critical infrastructure.
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A house price slump is coming. Rising unemployment could make it much worse | CNN Business
submitted 5 Days ago in Business
Last year, Auckland's largest real estate company couldn't sell properties quickly enough to meet demand in New Zealand's biggest city.
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Why nation is once again close to a devasting freight railroad strike | CNN Business
submitted 5 Days ago in Business
In September, President Joe Biden, the most union friendly president in recent history, got personally involved in negotiations that reached a tentative labor deal that averted a strike at the nation's major freight railroads. It was a deal he hailed as a "win for...
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Mortgage rates fall for the second week in a row | CNN Business
submitted 5 Days ago in Business
Mortgage rates dropped again this week, after plunging nearly half a percentage point last week.
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Fed set to offer more rate hike clues | CNN Business
submitted 5 Days ago in Business
Americans are getting ready for food, family and football on Thursday, but investors may still want to hold off until a little bit later Wednesday before starting to give thanks.
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China resumes streaming South Korean content after six-year suspension | CNN Business
submitted 6 Days ago in Business
A Chinese streaming platform has resumed distributing South Korean content after suspending it for nearly six years, South Korean officials said on Tuesday, in what Seoul called a sign of Beijing's readiness to improve ties.
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Largest railroad union rejects labor deal, raising risk of a crippling strike | CNN Business
submitted 6 Days ago in Business
America faces a growing risk of a crippling national freight rail strike in two weeks. The rank-and-file members of the nation's largest rail union, which represents the industry's conductors, rejected a tentative labor deal with freight railroads, the union...
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submitted 6 Days ago in Business
China has locked down a major transportation hub in the south, as the country grapples with its largest nationwide Covid outbreak since April.
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Penguin Random House's $2.2 billon deal for Simon & Schuster is over | CNN Business
submitted 6 Days ago in Business
Paramount has ended its agreement to sell Simon & Schuster to Penguin Random House and will not appeal the recent federal court ruling blocking the merger of the publishing companies.
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Bob Iger moves fast to dismantle Chapek's reorganization of Disney | CNN Business
submitted 6 Days ago in Business
One day after the shock announcement of Bob Iger's return to Disney, and the resulting ouster of his successor-turned-predecessor Bob Chapek, an astonished Hollywood is grappling with what exactly the move will mean for the entertainment behemoth's short-term and...
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London's rental market has become a 'nightmare.' Here's why | CNN Business
submitted 1 Week ago in Business
For Rebeca Blázquez, the past few weeks have been a "nightmare."
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submitted 1 Week ago in Business
After years of seemingly unstoppable growth, the tech industry is now facing the "ultimate reality check" as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday.
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FTX: Filing reveals staggering mismanagement inside crypto empire | CNN Business
submitted 1 Week ago in Business
A new court filing about Sam Bankman-Fried's bankrupt companies reveals a crypto empire that was colossally mismanaged and potentially fraudulent â a "complete failure of corporate controls" that eclipses even that of Enron.
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What is Bud Zero, the only beer Budweiser can sell at the World Cup? | CNN Business
submitted 1 Week ago in Business
In a surprise reversal, Qatar announced a ban of alcoholic beer at the eight stadiums hosting the World Cup. That leaves fans with just one "beer" choice â albeit one that isn't boozy.
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Premarket stocks: Fed officials crushed investors' hopes this week | CNN Business
submitted 1 Week ago in Business
Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got quite a few this week. But those hints about the future of monetary policy point to an outcome they won't be very happy about.
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Inside Twitter as 'mass exodus' of staffers throws platform's future into uncertainty | CNN Business
submitted 1 Week ago in Business
Death is in the air on Twitter.
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Global investors are bullish again on China as Beijing switches to damage control | CNN Business
submitted 2 Weeks ago in Business
Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in power and stacked his top team with loyalists in a clean sweep not seen since the Mao era.
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'Difficult decisions': Britain announces higher taxes and spending cuts | CNN Business
submitted 2 Weeks ago in Business
The United Kingdom has already entered a recession and is battling decades-high inflation, eroding standards of living for millions of people across the country. Now, Britons must also stomach higher taxes and reductions to public services as the government tries to...
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UK raises its windfall tax on energy companies and bets on nuclear power | CNN Business
submitted 2 Weeks ago in Business
The UK government is hiking a windfall tax on oil and gas companies and extending the levy to electricity generators, as it scrambles to balance its budget amid an economic downturn. It is also investing in nuclear power for the first time in decades.
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A recession could hit white-collar workers the hardest. Here's why | CNN Business
submitted 2 Weeks ago in Business
White collar workers would be hit harder than blue collar workers if the United States enters a recession soon, according to one economist, who said businesses have undergone a dramatic restructuring after the pandemic.
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