Business

Mortgage rates drop for third straight week as inflation fears ease |  CNN Business

Mortgage rates drop for third straight week as inflation fears ease | CNN Business

Editor’s note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has periodically made changes to its primary mortgage market survey, changed the source of its data effective November 17, 2022. Instead of surveying lenders, weekly results will be based on applications received from lenders that are submitted to Freddie Mac. Learn …

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Elon Musk's Neuralink shows prototype brain implant and robotic surgeon at recruiting event |  CNN Business

Elon Musk’s Neuralink shows prototype brain implant and robotic surgeon at recruiting event | CNN Business

CNN Business — Elon Musk — the founder of SpaceX, CEO of Tesla and, most recently, owner of Twitter — hosted a flashy event Wednesday night for another of his companies: Neuralink, the startup offering implants that connect your brain to a computer. The event featured a video that Musk said showed a monkey using …

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FTX Founder Sam Bankman-Fried: "Listen, I Messed Up" |  CNN Business

FTX Founder Sam Bankman-Fried: “Listen, I Messed Up” | CNN Business

New York CNN Business — Sam Bankman-Fried, the 30-year-old founder of bankrupt crypto exchange FTX, said he “never tried to defraud anyone,” while admitting he made mistakes by as general manager. “There are things I would do anything to do again,” Bankman-Fried said during a virtual appearance at the New York Times DealBook Summit in …

FTX Founder Sam Bankman-Fried: “Listen, I Messed Up” | CNN Business Read More »

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside |  CNN Business

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside | CNN Business

CNN Business — Amazon CEO Andy Jassy said on Wednesday that an “uncertain” economy had prompted the e-commerce giant to press ahead with rare and wide-ranging layoffs after it carried out a major wave of job losses. hiring during much of the pandemic. “We had the target for a very uncertain economic environment, as well …

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Twitter is less secure due to Elon Musk's management style, says former top official |  CNN Business

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business

CNN Business — The dictatorial management style of Twitter owner Elon Musk risks driving the company headlong into unforced business mistakes, content moderation disasters and the degradation of the platform’s core features that help protect vulnerable users, according to a former top Twitter executive who led the company’s content moderation before quitting abruptly. this month. …

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business Read More »

Strong ambition as business schools launch space programs

Strong ambition as business schools launch space programs

Space has not traditionally been a destination for enjoying delicious cuisine. Without gravity to help clear their sinuses, astronauts are left with a dulled sense of taste. But at BI Norwegian Business School in Oslo, associate professor of marketing Carlos Velasco and his colleagues are working to develop more appetizing meals for space travelers. “Space …

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Twitter is less secure due to Elon Musk's management style, says former top official |  CNN Business

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business

CNN Business — The dictatorial management style of Twitter owner Elon Musk risks driving the company headlong into unforced business mistakes, content moderation disasters and the degradation of the platform’s core features that help protect vulnerable users, according to a former top Twitter executive who led the company’s content moderation before quitting abruptly. this month. …

Twitter is less secure due to Elon Musk’s management style, says former top official | CNN Business Read More »

There's a big problem with the Kroger-Albertsons supermarket merger |  CNN Business

There’s a big problem with the Kroger-Albertsons supermarket merger | CNN Business

New York CNN Business — When Christine Martinez found out last month that Kroger and Albertsons were planning to merge in a deal worth nearly $25 billion, she thought, “here we go again.” Martinez lost her job as a pharmacy technician following an earlier supermarket mega-merger: Albertsons’ $9 billion combination with Safeway in 2014. That …

There’s a big problem with the Kroger-Albertsons supermarket merger | CNN Business Read More »

Elon Musk claims that Apple 'threatened to remove' Twitter from its app store |  CNN Business

Elon Musk claims that Apple ‘threatened to remove’ Twitter from its app store | CNN Business

New York CNN Business — Elon Musk claimed on Monday that Apple had “threatened” to remove Twitter from its iOS app store, a move that could be devastating for the company Musk just acquired for $44 billion. “Apple (AAPL) has also threatened to remove Twitter from its App Store, but won’t tell us why,” Musk …

Elon Musk claims that Apple ‘threatened to remove’ Twitter from its app store | CNN Business Read More »