economy and trade

The number of available jobs in the US fell in October

The number of available jobs in the US fell in October Minneapolis CNN Business — The number of job openings in the United States dropped in October, but the labor market still remains historically tight despite the Federal Reserve’s efforts to cool demand and bring down inflation. There were 10.3 million available jobs last month, …

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China’s Zhengzhou, home to world’s largest iPhone factory, ends Covid lockdown

China’s Zhengzhou, home to world’s largest iPhone factory, ends Covid lockdown hong kong CNN Business — The central Chinese city of Zhengzhou, home to the world’s largest iPhone factory, has lifted a five-day Covid lockdown, in a move that analysts have called a much-needed relief for Apple and its main supplier Foxconn. Zhengzhou is the …

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Will Smith, opening up about Oscars slap, tells Trevor Noah ‘hurt people hurt people’

Will Smith, opening up about Oscars slap, tells Trevor Noah ‘hurt people hurt people’ CNN — Will Smith opened up to Trevor Noah about the now-famous slap at the Oscars in March during an appearance that aired Monday night on “The Daily Show.” While promoting his forthcoming film “Emancipation,” Smith called it “a horrific night” …

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Elon Musk claims Apple has ‘threatened to withhold’ Twitter from its app store

Elon Musk claims Apple has ‘threatened to withhold’ Twitter from its app store New York CNN Business — Elon Musk on Monday claimed that Apple has “threatened” to pull Twitter from its iOS app store, a move that could be devastating to the company Musk just acquired for $44 billion. “Apple (AAPL) has also threatened …

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China markets tank as protests erupt over Covid lockdowns

China markets tank as protests erupt over Covid lockdowns hong kong CNN Business — China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. …

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Thousands of US flights delayed Sunday as major storm system hampers travel

Thousands of US flights delayed Sunday as major storm system hampers travel New York CNN Business — A severe weather system across several parts of the United States has prompted the three major airports servicing New York City to urge passengers to arrive early for flights on what is expected to be one of the …

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Frontier Airlines no longer has a customer service phone line

Frontier Airlines no longer has a customer service phone line New York CNN — Customers who need flight information or want to make changes to travel plans can no longer call Frontier Airlines and speak to an agent, the company confirmed to CNN Saturday. Starting last week, the ultra low-cost airline said it has transitioned …

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Apple has a huge problem with its supplier’s iPhone factory in China

Apple has a huge problem with its supplier’s iPhone factory in China hong kong CNN Business — A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is hurting global technology firms. The troubles started last …

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Nexperia and Elmos cases show how the US-China chip war is spilling over to Europe

Nexperia and Elmos cases show how the US-China chip war is spilling over to Europe hong kong CNN Business — Two European chip deals have run into trouble over their links with China, a sign of concern spreading in the West over potential Chinese control of critical infrastructure. Last week, the new owner of Britain’s …

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