Nigerian tech entrepreneur has Sheffield United in his sights | CNN
CNN — Nigerian tech entrepreneur Dozy Mmobuosi has “made a deposit” to buy Sheffield United, in a takeover that would...
company activities and management
Lyft shares fall nearly 25% after forecasting revenue below estimates | CNN Business
Reuters — Lyft (LYFT) on Thursday forecast current-quarter revenue below Wall Street estimates, blaming extremely cold weather in some of...
Alibaba is launching a ChatGPT rival too | CNN Business
Hong Kong CNN — Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump...
Did investors learn nothing from last year’s market meltdown? | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Here’s why you should always wait for the earnings call | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Chevron earnings soar to a record | CNN Business
New York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings...
Southwest posts quarterly loss and warns more losses are ahead after service meltdown | CNN Business
New York CNN — Southwest Airlines reported a loss for the fourth quarter because of the company’s service meltdown over...
‘This is the last thing we need:’ Millions of businesses hammered by the pandemic need to start paying back Covid loans | CNN Business
CNN — At Teddy & The Bully Bar restaurant near downtown Washington, DC, business has never been the same since...
Wall Street’s biggest winners and losers in 2022 | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
FTC sues to block Microsoft’s $69 billion acquisition of Activision Blizzard | CNN Business
Washington CNN — The Federal Trade Commission on Thursday sued to block Microsoft’s $69 billion acquisition of Activision Blizzard, challenging...
The last time the US faced a debt fight this bad it lost its AAA rating | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
China debuts train prototype that can hit speeds of 620 kilometers per hour | CNN
CNN — China has revealed a prototype for a new high-speed Maglev train that is capable of reaching speeds of...
Self-driving robotaxis are taking off in China | CNN Business
Hong Kong CNN Business — The world has been inching toward fully autonomous cars for years. In China, one company...
