Category Archives: CNN – Business

The UK is reopening for business. London may never be the same

The UK is reopening for business. London may never be the same

London has seen more than its share of crises. The 2000-year old metropolis has endured an influenza pandemic, the Blitz and several financial meltdowns over just the past century. Time and again, London has come roaring back, relying on a spirit of resilience and reinvention that is being summoned once more as the British capital…MORE

Air France to cut more than 7,500 jobs

Air France to cut more than 7,500 jobs

Air France plans to shed 7,580 jobs, or 17.5% of its current workforce, over the next few years, the company said on Friday. The airline expects more than 3,500 “natural departures” — through attrition — that will help compensate for the job cuts. Air France will cut 6,560 jobs by the end of 2022. Its…MORE

America is running out of fireworks

America is running out of fireworks

The fireworks business is booming — so much so that America may soon run out. As the coronavirus pandemic continues, consumer fireworks sales, including sparklers and firecrackers, have more than doubled. But imports from China, which supplies more than 90% of the world’s fireworks, stalled earlier this year, and industry leaders expect a supply shortage…MORE

Tesla stock topped $1,200. Here’s how it could hit $2,000

Tesla stock topped $1,200. Here’s how it could hit $2,000

Tesla’s stock soared 26% during the holiday-shortened week, topping $1,000, $1,100 and $1,200 in the process. Tesla is now worth more than most blue chip firms in the S&P 500. But one Wall Street analyst is making the case that the stock still could surge another 66% over the next 12 months to hit $2,000.…MORE

Mary Trump surfaces in written testimony as fight over publication of her book rages on

Mary Trump surfaces in written testimony as fight over publication of her book rages on

Mary Trump’s attorneys are pressing a judge to fully clear her path to publish a bombshell book about dealings with her family, including her uncle President Donald Trump, claiming the confidential settlement she signed decades ago was based on fraudulent financial information. In court filings Thursday night, Mary Trump and her attorneys said blocking the…MORE

Hong Kong’s security law could have a chilling effect on press freedom

Hong Kong’s security law could have a chilling effect on press freedom

Hong Kong insists its vibrant community of journalists has nothing to fear from the national security legislation China imposed on the city this week. But press freedom advocates worry about creeping self-censorship, and there are signs that the new law may already be having a chilling effect. In what was once seen as a safe…MORE

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