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Uber's self-driving car unit grabs $1 billion in investment

CNN BUSINESS |

Uber's self-driving car unit has lured $1 billion in investment ahead of the company's hotly anticipated stock market debut.

Sears sues former CEO Eddie Lampert for 'thefts' of company assets

CNN BUSINESS |

The remains of defunct Sears Holdings is suing Eddie Lampert, the man who was its previous CEO and primary shareholder, alleging he improperly stripped the company of assets as it hurdled toward...

Netflix to open production hub in New York City

CNN BUSINESS |

Netflix is opening a production hub in New York City that will bring "up to $100 million in investments to the city," New York Governor Andrew Cuomo announced Thursday.

National Enquirer reportedly sold for $100 million

CNN BUSINESS |

The supermarket tabloid National Enquirer has reportedly been sold to the scion of a company known for its newsstands at airports across North America.

Amazon will no longer sell Chinese goods in China

CNN BUSINESS |

Amazon is partially retreating from the world's biggest market for online shopping.

Facebook collected 1.5 million users' email contacts without their knowledge

CNN BUSINESS |

Facebook has admitted that it collected up to 1.5 million users' email contacts without their consent, in the latest privacy issue to hit the giant tech firm.

Airlines will raise fares this summer. Here's why

CNN BUSINESS |

Airfares are almost certain go up this summer. Troubles with the Boeing 737 Max are part of the reason.

Why big business is giving up its fight against a higher minimum wage

CNN BUSINESS |

Corporate America has been, shall we say, evolving on the minimum wage in recent years.

Sprint and T-Mobile stocks fall on report that merger could be in trouble

CNN BUSINESS |

Sprint and T-Mobile have been trying to get married for years. They may have to keep waiting.

American retailers already announced 6,000 store closures this year. That's more than all of last year

CNN BUSINESS |

America has too many stores. This year, US retailers have announced that 5,994 stores will close. That number already exceeds last year's total of 5,864 closure announcements, according to a recent...

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