Category Archives: CNN – Business

Trump abandoned this giant trade deal. Now, China wants in

Trump abandoned this giant trade deal. Now, China wants in

China has applied to join a major Asia-Pacific trade partnership that the United States ditched several years ago, as the world’s second largest economy tries to bolster its relationships in the region. Chinese Commerce Minister Wang Wentao applied for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to a statement published…MORE

5 things to know about Evergrande, the Chinese business empire on the brink

5 things to know about Evergrande, the Chinese business empire on the brink

The troubles of Chinese conglomerate Evergrande have dominated headlines in recent days after it warned once again that it could default on its astronomical debt because of a cash crunch. Experts have characterized the firm’s struggles as a major test for Beijing that risks turning into China’s Lehman Brothers moment, sending shockwaves across the world’s…MORE

Some small businesses are happy about Biden’s vaccine mandate
Adam Glanzman/Bloomberg/Getty Images

Some small businesses are happy about Biden’s vaccine mandate

Maintaining a healthy environment during a pandemic without alienating employees and customers who don’t want to wear masks or get vaccinated has been a headache for small business owners. Although everyone has questions about how it will work, some were relieved by President Biden’s announcement last week that employers with 100 or more staff will…MORE

Jaw-dropping moments in WSJ’s bombshell Facebook investigation
Daniel Acker/Bloomberg/Getty Images

Jaw-dropping moments in WSJ’s bombshell Facebook investigation

This week the Wall Street Journal released a series of scathing articles about Facebook, citing leaked internal documents that detail in remarkably frank terms how the company is not only well aware of its platforms’ negative effects on users but also how it has repeatedly failed to address them. There’s a lot to unpack from…MORE

United CEO: Employer mandate is the best way to raise vaccination rates
Wayne Slezak/United

United CEO: Employer mandate is the best way to raise vaccination rates

United Airlines has achieved a high level of compliance with the strict vaccine mandate it set for its 67,000 US employees. But the airline’s CEO doesn’t believe expanding that requirement to passengers is a good idea. United CEO Scott Kirby told CNN that about 90% of the company’s employees have shown proof of their vaccination…MORE

Some Tesla owners are losing trust in Elon Musk’s promises of ‘full self-driving’
Michael Siluk/UCG/Universal Images Group/Getty Images

Some Tesla owners are losing trust in Elon Musk’s promises of ‘full self-driving’

Frustrated Tesla owners continue to wait for “full self-driving,” an expensive and long-delayed software feature that isn’t even guaranteed to help their cars’ resale values. Some of the company’s earliest backers of the “full self-driving” option are even beginning to lose faith in the promise of ever enjoying a truly autonomous Tesla. Years-long delays, buggy…MORE

UAE invests $14 billion in Britain as it tries to look beyond oil
Hannah Mckay/AP

UAE invests $14 billion in Britain as it tries to look beyond oil

The United Arab Emirates will pour £10 billion ($13.8 billion) into the United Kingdom over the next five years, as the Gulf state seeks to diversify its economy beyond fossil fuels. The UK Office for Investment and UAE sovereign wealth fund Mubadala announced the investment in a statement on Thursday, saying that it would boost…MORE

SpaceX’s Inspiration 4 crew is in orbit, but that doesn’t mean they’ll get astronaut wings
John Kraus/Inspiration4

SpaceX’s Inspiration 4 crew is in orbit, but that doesn’t mean they’ll get astronaut wings

The four people currently in orbit on SpaceX’s Inspiration 4 mission will fly higher than the International Space Station, but that still may not be enough to earn them their official commercial astronaut wings from the federal government. Astronaut wings don’t have any significance beyond their symbolic value, but they are quickly becoming the extraterrestrial…MORE