CNN Money Markets

Bank earnings; Chinese inflation; Samsung's losses soar

10 years ago

Bank earnings; Chinese inflation; Samsung's losses soar

Samsung's losses from Note 7 disaster keep mounting

10 years ago

Samsung said it expects killing off the Note 7 to wipe out around $3.1 billion in operating profit over the next six months. That's on top of a previous $2.3 billion hit it announced earlier this week.

Windfall for startups? Saudi Arabia backs new $100 billion tech fund

CNN Money Markets

10 years ago

Saudi Arabia is joining forces with Japanese telecom firm Softbank to form one of the biggest tech investment funds on the planet.

Wells Fargo CEO's exit won't put out firestorm

CNN Money Markets

10 years ago

Wells Fargo faces huge challenges related to its fake account scandal that won't go away simply because longtime CEO John Stumpf has retired.

UK's biggest supermarket pulls Ben & Jerry's

CNN Money Markets

10 years ago

The U.K.'s top supermarket chain has pulled Ben & Jerry's ice cream and Marmite spread from its online store amid a dispute with supplier Unilever over who should bear the cost of the plummeting pound.

Clinton's words will hurt in Ohio

CNN Money Markets

10 years ago

Many voters in Southern Ohio remember one thing about Hillary Clinton: She wants to kill coal. CNNMoney traveled around Ohio and found a lot of voters crossing party lines.

Wells Fargo CEO walks with $130 million

CNN Money Markets

10 years ago

Even though the Wells Fargo CEO announced he's resigning, John Stumpf could still leave the bank with around $130 million despite the fake account scandal.

Elon Musk teases new Tesla product reveal

CNN Money Markets

10 years ago

Tesla CEO Elon Musk has tweeted that Tesla will announce a new product on October 17. What will it be? An update of the Model X SUV? Another peak at the Model 3? A Model M motorcycle? Auto and tech blogs are all aflutter.

Thai economy could stall after King's death

CNN Money Markets

10 years ago

The death of Thailand's King Bhumibol Adulyadej is raising new questions about the fragile Asian economy.

Big banks thriving despite Wells Fargo. Seriously

CNN Money Markets

10 years ago

Read full story for latest details.

In Florida, It's retirees versus Latinos

CNN Money Markets

10 years ago

Florida was the closest state in 2012. It's likely to repeat that status. Retirees don't love Trump, but they detest Clinton. Clinton needs Latinos in Florida, but CNNMoney finds some might stay home.

Brexit price war; Wells Fargo CEO is out; China's export warning

CNN Money Markets

10 years ago

Read full story for latest details.

Wells Fargo CEO John Stumpf is out

CNN Money Markets

10 years ago

CEO John Stumpf will retire effective immediately, the company announced Wednesday, marking a stunning downfall for one of the banking industry's most powerful figures.