Business and Financial News Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.

Business

Chris Licht was chairman and CEO of CNN Worldwide. Mike Coppola/Getty Images for CNN hide caption

toggle caption
Mike Coppola/Getty Images for CNN

Chris Licht ousted at CNN after a year of crisis

  • <iframe src="https://www.npr.org/player/embed/1180686988/1180776629" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Joe Raedle/Getty Images

Freight drivers feel the flip-flop

  • <iframe src="https://www.npr.org/player/embed/1180607482/1180619367" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The Boppy Newborn Lounger has now been linked to at least 10 babies' deaths since 2015 — including two that were reported after the 2021 recall, according to federal authorities. U.S. Consumer Product Safety Commission hide caption

toggle caption
U.S. Consumer Product Safety Commission

South African golfer Charl Schwartzel plays a last shot during the LIV Golf Invitational Series in St. Albans, England, in June 2022. The launch of the series rocked the world of golf by setting up rival leagues. Adrian Dennis/AFP via Getty Images hide caption

toggle caption
Adrian Dennis/AFP via Getty Images

The Apple Vision Pro headset is displayed in a showroom on the Apple campus in Cupertino, Calif., at the company's annual developers conference, Monday, June 5, 2023. Jeff Chiu/AP hide caption

toggle caption
Jeff Chiu/AP
ARUN SANKAR/AFP via Getty Images

A cashless cautionary tale

  • <iframe src="https://www.npr.org/player/embed/1180158000/1180259299" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Journalists at two dozen Gannett Co.-owned newspapers across the country staged a walk-out Monday and Tuesday to protest pay and working conditions. The NewsGuild noted their ranks have been decimated by cuts required to finance a merger with another major newspaper company four years ago. Richard Drew/AP hide caption

toggle caption
Richard Drew/AP

Journalists at Gannett newspapers walk out over deep cuts and low pay

  • <iframe src="https://www.npr.org/player/embed/1180132169/1180165914" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Binance Co-Founder and CEO Changpeng Zhao, widely known as CZ, speaks during a press conference at the Europe's largest tech conference, the Web Summit, in Lisbon on Nov. 2, 2022. The SEC sued Binance and CZ on Monday, saying the company misled customers among other charges. Patricia De Melo Moreira/AFP via Getty Images hide caption

toggle caption
Patricia De Melo Moreira/AFP via Getty Images

John B. Chambers is the former deputy head of the Sovereign Debt Ratings Group and former chairman of the Sovereign Debt Committee at Standard and Poor's. The ratings agency in 2011 made a major decision to strip away the country's AAA rating. Keren Carrión/NPR hide caption

toggle caption
Keren Carrión/NPR

He took away the country's top AAA rating in 2011. He ended up fearing for his life

  • <iframe src="https://www.npr.org/player/embed/1179114631/1180003032" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Construction workers prepare steel for a crane at the site of JPMorgan Chase's new headquarters in New York City on May 18, 2023. Builders added jobs this month despite the headwinds from higher interest rates. It was another indication of the country's strong job market. Spencer Platt/Getty Images hide caption

toggle caption
Spencer Platt/Getty Images

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know

  • <iframe src="https://www.npr.org/player/embed/1179652353/1179850231" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Justin Sullivan/Getty Images

A troubling cold spot in the hot jobs report

  • <iframe src="https://www.npr.org/player/embed/1179926210/1179939399" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript