New York CNN Business — General Motors is pausing its advertising on Twitter now that the social media platform is owned by Tesla CEO Elon Musk, the company said in a statement Friday. The nation’s largest automaker said that it is making the change while it evaluates “Twitter’s new direction.” It said it will still […]
New York CNN Business — Apple beat Wall Street analysts’ sales and income expectations for the quarter ended in September, despite an otherwise bruising earnings season for tech companies and worries that demand for the newest iPhones might have been weaker-than-expected. The tech giant posted sales of just over $90 billion during its fiscal fourth […]
New York CNNBusiness — Yeezy merchandise has no place to go. Retailers are dumping it. Resellers are blocking new product listings associated with it. Even off-price outlets like TJ Maxx don’t want any goods associated with hate-speaker Kanye West, the embattled rapper who has legally changed his name to Ye. So where will the mounting […]
Washington, DC CNN — Denis Wang says he always hated the car-buying process — until he met Rivian. Buying the automaker’s R1T electric pickup was so wonderful that he says he drove 45 minutes to Rivian’s Irvine, California, office to take the Rivian employee who shepherded him through his purchase out for coffee. (Rivian pairs […]
New York CNN Business — Athletic shoe company Skechers said in a statement Wednesday that two of its executives escorted embattled musician Kanye West from one of its Los Angeles buildings. The company said West, who has legally changed his name to Ye, “arrived unannounced and without invitation.” It said he was engaged in “unauthorized […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — Imminent recession is the topic du jour. From Goldman Sachs to the IMF, […]
New York CNN Business — “When it starts to get crazy, then run away,” Kanye West once sang. Adidas followed his advice. Where to start? After a social media uproar Adidas cut ties with Ye, the artist formally known as Kanye West (and formerly known as a billionaire) joining the long list of brands that […]
New York CNN Business — Over the past year, Coca-Cola has experimented with bizarre, limited-time flavors and immersive online experiences. Now, it’s setting its sights on adding more varieties of cans, bottles and value packs to offer cash-strapped consumers more options — even if that ultimately means paying more for less. “Package innovation takes a […]
London CNN Business — A winter vacation package that claimed it could save Brits more than £200 ($229) on their soaring bills for rent, food and fuel sold out within 24 hours this week. EasyJet (ESYJY) holidays, owned by low-cost British airline EasyJet (ESYJY), launched its 28-day “Escape the UK” vacation package to Hurghada, Egypt, […]
New York CNN Business — General Motors says its supply chain issues are improving. That allowed the company to post better-than-expected earnings despite falling short of revenue forecasts. America’s largest automaker said that by the end of June, it had been able to clear out of inventory about 75% of the roughly 90,000 vehicles it […]
