Category Archives: CNN – Business

Beyond bitcoin: These altcoins are super popular

Beyond bitcoin: These altcoins are super popular

Bitcoin and ethereum are the Coke and Pepsi of crypto: Their combined value of about $1 trillion accounts for nearly two-thirds of the overall $1.6 trillion in digital currencies worldwide. But just as some soft drink fans prefer Dr Pepper, there are also plenty of other alternatives in crypto — more than 10,000 of them,…MORE

Our 24/7 relationship

Our 24/7 relationship

Don Lemon and Chris Cuomo’s new podcast “The Handoff” explores their unlikely friendship off-camera, along with their unfiltered takes on the week’s news. Below, the hosts talk about the origin of the nightly “handoff” between their shows and how it put their friendship in front of the camera. Edited for clarity Don Lemon: Our new…MORE

Dunkin’s new menu item explodes in your mouth

Dunkin’s new menu item explodes in your mouth

Dunkin’ has a fitting new treat for people breaking out of their personal bubbles after a long 15 months. It’s appropriately called “Popping Bubbles,” which are boba-like bubbles that pop in people’s mouths and taste like strawberry. The bubbles can be added to any of Dunkin’s iced or frozen drinks — notably its line of…MORE

Has inflation peaked? The jury is still out

Has inflation peaked? The jury is still out

Signs of rising inflation around the world are keeping investors on edge. But in some corners of markets, pressure is easing, raising hopes that Peak Fear may have passed and central banks will be confident enough to sit tight. What’s happening: The price of lumber, fed by a construction boom, has dropped 40% from the…MORE

Exclusive: JPMorgan is calling for reforms to stop racial bias in housing

Exclusive: JPMorgan is calling for reforms to stop racial bias in housing

JPMorgan Chase is throwing its considerable weight behind efforts to root out racial bias in the appraisal of homes in America. As part of a new bank-wide commitment to fight housing inequality, JPMorgan is for the first time outlining specific legislation that can fight appraisal bias, backing the study of innovative ways to value homes…MORE

US officials propose $25 million fine against Air Canada over airfare refunds

US officials propose $25 million fine against Air Canada over airfare refunds

US officials are seeking a $25 million fine from Air Canada, accusing the airline of failing to provide timely refunds to more than 5,000 passengers during the coronavirus pandemic. The formal complaint is the first enforcement action that the Department of Transportation has announced against an airline since the pandemic upended the travel industry in…MORE

Biden names Lina Khan as FTC chair

Biden names Lina Khan as FTC chair

Big Tech critic Lina Khan will chair the Federal Trade Commission, the powerful antitrust agency that’s targeted companies such as Facebook with fines and lawsuits, according to a White House spokesperson. Khan had been confirmed as a commissioner to the FTC earlier on Tuesday, in a 69-28 Senate vote. But her future as agency chair…MORE

SpaceX likely to miss July date for Mars rocket test

SpaceX likely to miss July date for Mars rocket test

SpaceX has been targeting July for the first orbital flight of its gargantuan Starship system, which will be the most powerful launch vehicle ever created — and, the company hopes, will eventually take humans to Mars. But the company is not likely to hit that goal, CNN Business has learned. SpaceX’s Starship launch operations are…MORE

MacKenzie Scott is giving away another $2.74 billion

MacKenzie Scott is giving away another $2.74 billion

MacKenzie Scott, one of the richest women in the world, and her husband Dan Jewett, donated $2.74 billion to organizations that focus on the arts and combating racial discrimination. The settlement from Scott’s 2019 divorce from her previous husband, Amazon CEO Jeff Bezos, made her one of the richest people in the world. She and…MORE

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