Latest Business News

CNN Shutting Down Airport Broadcast Network

CNN has announced it will be shutting down its airport network after nearly 30 years.In a memo sent to CNN staff on Tuesday, president Jeff Zucker notified employees “the CNN Airport Network will end operations as of March 31.”“The steep decline in airport traffic because of COVID-19, coupled with all the new ways that people […]

Central Banks Hoarding More Gold

Six central banks added gold to their reserves in November. Purchases totaled 16.8 tons, consistent with the level of purchases in both August and September.On net, central banks were sellers globally in November, thanks to a large decrease in reserves by the Turkish central bank, according to the latest data reported by the World Gold Council. Gold-buying by […]

Conservative Commentator Says AIG Canceled His Insurance Over His Social Media Posts

Conservative commentator and former baseball star Curt Schilling says that AIG canceled his insurance policy over his “social media profile,” a new level of deplatforming not yet seen.“We will be just fine, but wanted to let Americans know that @AIGinsurance canceled our insurance due to my “Social Media profile,” tweeted Schilling. “The agent told us […]