Uber to pay 56 workers $1.9 million for harassment and discrimination claims
NEW YORK (CNNMoney) – Uber has agreed to pay 56 current and former employees about $33,900 each, or $1.9 million, to settle their claims of gender discrimination, harassment and hostile work environme… MORE
Serta Simmons’ plan to fight Casper: Merge with Tuft & Needle
NEW YORK (CNNMoney) – Mattress makers are consolidating as digital upstarts threaten to upend their business.Serta Simmons Bedding, the company behind Serta, Beautyrest and Tomorrow mattresses, ann… MORE
Can Trump bend the Fed to his will?
NEW YORK (CNNMoney) – President Donald Trump has made his opinion clear: He wants the Federal Reserve to stop raising interest rates.Presidents usually avoid criticizing the central bank, which is… MORE
Cannabis stocks soar to new highs
NEW YORK (CNNMoney) – Cannabis stocks have been soaring since the maker of Corona beer boosted its investment in Canadian cannabis company Canopy Growth by $4 billion. Rival Cronos Group has soared… MORE
Uber finally hires a chief financial officer as it preps for IPO
NEW YORK (CNNMoney) – Uber finally hired a chief financial officer to help it go public in 2019.On Tuesday, the ride-share company announced that Nelson J. Chai will fill a role that has been vacan… MORE
Tesla wouldn’t be as private as Elon Musk wants
NEW YORK (CNNMoney) – Even if Elon Musk takes Tesla private, its finances might stay public.The SEC can still require a company to report its results, even if it doesn’t have publicly traded stock.… MORE
The rise of diversity and inclusion jobs
NEW YORK (CNNMoney) – Earlier this year, Uber hired its first ever chief diversity officer, following a string of sexual harassment claims and other PR crises for the brand. Last month, after a year p… MORE
Toll Brothers’ record shows the housing boom has no end in sight
NEW YORK (CNNMoney) – Unemployment keeps falling and home prices keep going up. It’s a great recipe for a strong housing market.Nothing has been able to stop the housing boom — not even higher int… MORE
Goldman Sachs will pay for mothers to ship breast milk home
LONDON (CNNMoney) – Mothers working for Goldman Sachs will no longer have to pump and dump on the road.The investment bank will now pay for women to ship breast milk home when they’re traveling for… MORE
What killed coal? Technology and cheaper alternatives
NEW YORK (CNNMoney) – Coal is dying because of dirt-cheap natural gas. The rise of renewable energy isn’t helping.The Environmental Protection Agency announced Tuesday an effort to prop up coal by… MORE