Category Archives: CNN – Business

Chipotle will cover tuition for tech and business degrees

Chipotle will cover tuition for tech and business degrees

Chipotle will pay for its employees to get business or technology degrees at certain colleges, the company said Tuesday. The new program, which kicks off on November 15, is the restaurant chain’s latest effort to attract and retain talent in a highly competitive labor market. Employees who have been at the company for at least…MORE

Consumers are still spending, says JPMorgan Chase CEO Jamie Dimon

Consumers are still spending, says JPMorgan Chase CEO Jamie Dimon

Consumers are still spending, according to JPMorgan Chase CEO Jamie Dimon. But Dimon added that the US trade war with China is weighing on corporate sentiment. During a conference call with reporters after the bank’s third quarter earnings release Tuesday, Dimon said that geopolitics are reducing confidence, but that the US consumer is doing fine.…MORE

IMF sees weaker global economic recovery. US growth pegged at 2.1% in 2020

IMF sees weaker global economic recovery. US growth pegged at 2.1% in 2020

Next year’s recovery in the global economy will be slightly weaker than expected, and US growth will continue to slow, the International Monetary Fund said Tuesday. The IMF trimmed its global growth forecast for 2020 by 0.1 percentage points to 3.4%, saying that rising trade and geopolitical tensions had put economies in a “precarious” position.…MORE

Worried about the economy? Watch US bank earnings

Worried about the economy? Watch US bank earnings

Happy Tuesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Earnings season will begin with a bang. A slew of financial services companies are set to report results for July through September on Tuesday. The results will tell us a…MORE

Volkswagen pauses $1.4 billion investment in Turkey over Syria invasion

Volkswagen pauses $1.4 billion investment in Turkey over Syria invasion

Volkswagen has paused a planned $1.4 billion investment in Turkey as a result of the country’s military offensive in Syria. The world’s largest carmaker, which operates 122 production plants around the world, had been preparing to take a final decision on a factory planned for Turkey’s western Manisa province. “The decision for the new plant…MORE

Questions swirl after ABC airs video from Kentucky gun range, labeled as Syria

Questions swirl after ABC airs video from Kentucky gun range, labeled as Syria

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. This is a big black eye for ABC News. “ABC aired supposedly shocking footage Monday and Sunday purporting to be from the frontline battle between the Syrian Kurds and the invading Turks. The only problem…MORE

NBC News president skewers Ronan Farrow for ‘efforts to defame’ network

NBC News president skewers Ronan Farrow for ‘efforts to defame’ network

In an extraordinary new letter, NBC News president Noah Oppenheim says former employee Ronan Farrow is engaged in an “effort to defame NBC News.” Oppenheim says Farrow “is clearly motivated not by a pursuit of truth, but an axe to grind.” And he says Farrow’s new book “Catch and Kill” is “built on a series…MORE

This new ETF doesn’t own Walmart, Disney or IBM. Here’s why

This new ETF doesn’t own Walmart, Disney or IBM. Here’s why

For most investors, picking a stock or fund is about finding something that you think is worth buying — a company with strong earnings potential or an ETF that owns market leaders. But one new exchange-traded fund takes that philosophy and flips it on its head. Instead of identifying top companies to buy, the GraniteShares…MORE

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