New York CNN Business — Even the uber-rich are on edge now about the economy. Elon Musk and Jeff Bezos, two of the wealthiest people on the entire planet (who generally don’t agree on much of anything), are both signaling some tension about a looming recession. Bezos earlier this week commented that it’s time to […]
When it comes to getting promoted into management, men still have the advantage. And women who do ascend to leadership roles are more likely than their male counterparts to have their authority undermined and have some of their efforts go unrecognized. They are now, in the wake of the pandemic, also more likely than ever […]
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN — The Islamic regime in Iran has ruled for decades with fear and intimidation. Outrage at the death of Mahsa Amini, a 22 year-old who died after being detained by Iran’s morality […]
The UN rights council on Thursday voted down a Western-led motion to hold a debate about alleged human rights abuses by China against Uyghurs and other Muslims in Xinjiang in a victory for Beijing as it seeks to avoid further scrutiny. The defeat – 19 against, 17 for, 11 abstentions – is only the second […]
The deaths of dozens of young children in Gambia from acute kidney injuries may be linked to contaminated cough and cold syrups made by an Indian drug manufacturer, the World Health Organization said on Wednesday. The findings, announced by WHO Director-General Tedros Adhanom Ghebreyesus, followed tests on several medicinal syrups that were suspected of causing […]
London CNN — With Europe looking for alternatives to Russian energy, the European Union has set a target to produce 11 million tons of green hydrogen, and import another 11 million tons, by 2030. Green hydrogen (hydrogen produced using renewable energy) is being touted as a clean alternative to fossil fuels that could power heavy […]
This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — After tumbling to a record low against the dollar, the British pound stabilized Tuesday, rising more than 1% to $1.08. But the economic policy that sparked the currency’s historic nosedive […]
New Delhi CNN Business — Indian billionaire Gautam Adani says that China “will feel increasingly isolated” and the “foremost champion of globalization” would find it hard to bounce back from a period of economic weakness. Speaking at a conference in Singapore on Tuesday, Adani said “increasing nationalism, supply chain risk mitigation, and technology restrictions,” as […]
Americans looking to buy or rent a home have had a rough year. Rents are up by double-digit percentages in some cities. Meanwhile, buying a home is the most unaffordable it has been since the mid-1980s. Mortgage rates have surpassed 6% and home prices remain just off the record highs hit in recent months, pricing […]
New York CNN Business — Jeff Bezos just lost his status as the world’s second-richest person, dropping to No. 3 as Indian business mogul Gautam Adani rapidly climbs the ranks of Bloomberg’s Billionaire Index. Elon Musk, still the No. 1 wealthiest person with $260 billion to his name, may need to watch his back. Adani […]