The airline industry could shrink by half ‘to survive,’ United Airlines chairman says
New York (CNN Business)The US airline industry needs to shrink its labor costs by as much…
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Business
Uber says it will soon require certain riders to take mask selfies
New York (CNN Business)Since mid-May, Uber has required drivers to take selfies to verify…
The Rolls-Royce Ghost was so eerily quiet the engineers had to make it louder
(CNN)Rolls-Royce unveiled its all new Ghost Tuesday, and it looks strikingly different…
Premarket stocks: Corporate America is getting more worried even as stocks soar
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a…
Walmart unveils Walmart+ to take on Amazon Prime
New York (CNN Business)Walmart on Tuesday unveiled a subscription service that will go…
London asks public to decide fate of slave owner’s statue in financial district
London (CNN Business)Statues and monuments linked to slavery and racism could be removed…
Zoom profit skyrockets 3,300% on remote work trend
Hong Kong (CNN Business)Zoom's (ZM) revenue surged more than 350% in the second quarter,…
Samsung heir Jay Y. Lee indicted over controversial merger in South Korea
Seoul (CNN Business)Samsung's de facto leader Lee Jae-yong may be headed back to prison.…
Samsung heir Jay Y Lee will not hand the company down to his children
Seoul (CNN Business)Samsung's de facto leader Lee Jae-yong says he will not be handing the…
Gap is closing more than 200 stores this year
New York (CNN Business)Gap and Banana Republic are closing more than 225 store locations…