Big Tech lobbying groups sue Maryland to stop country’s first digital advertising tax
Just days after Maryland became the first state in the country to impose a tax on digital advertising targeting Big Tech, lobbying groups…
Continue ReadingJust days after Maryland became the first state in the country to impose a tax on digital advertising targeting Big Tech, lobbying groups…
Continue ReadingFacebook allegedly gave its advertisers “inflated and misleading” metrics on how many people their ads could reach for years, according…
Continue ReadingGoogle is making changes to the leadership of its responsible artificial intelligence efforts months after the contentious departure of prominent…
Continue ReadingKroger will close two stores in Seattle over the city’s $4-an-hour hazard pay requirement for grocery workers, an escalation of the grocery…
Continue ReadingCongressional hearings often involve a lot of grandstanding. But as the House Financial Services Committee prepares to grill major players in the…
Continue ReadingSome politicians are worried that countries will borrow too much to prop up the economy over the coming year. Christine Lagarde doesn’t share…
Continue ReadingMcDonald’s will tie executive pay to diversity goals and aim to hit gender parity in management by the end of 2030 as the company tries to…
Continue ReadingAnother 861,000 workers filed for unemployment benefits for the first time last week, according to seasonally adjusted data released Thursday from…
Continue ReadingA group of businesses and nonprofit organizations are banding together to speed up and strengthen their companies’ response to the pandemic.…
Continue ReadingCongresswoman Maxine Waters plans to thoroughly investigate the GameStop trading frenzy by holding multiple hearings on the matter. Waters, the…
Continue ReadingUpon hearing about Rush Limbaugh’s death on Wednesday, many fans said he was irreplaceable. For the time being, his distributor is not going to…
Continue ReadingOver a month after this year’s virtual CES tech trade show, touting new and conceptual products of the future, I was left wondering whether…
Continue ReadingWalmart announced pay bumps Thursday that will bring its average hourly wage to over $15 an hour. But the move still falls short of the $15 minimum…
Continue ReadingGrocery store workers in the United States have been stocking shelves, handling customers and keeping stores tidy in challenging and sometimes…
Continue ReadingSouth Australian winemaker Jarrad White spent almost a decade building his business in China. Then, in a matter of months, it all fell apart. It had…
Continue ReadingOne of the largest consulting companies in the world is making a major commitment — to moms. Accenture will hire 150 mothers for positions at…
Continue ReadingAnother 861,000 workers filed for unemployment benefits for the first time last week, according to seasonally adjusted data released Thursday from…
Continue ReadingThe mania that drove the recent GameStop stock rally should remind all investors of the need to stay diversified. It’s simply not wise to put…
Continue ReadingMaersk says it will launch the world’s first carbon neutral cargo ship in 2023, as efforts to clean up one of the planet’s worst…
Continue ReadingFire and emergency services. Domestic violence charities. State health agencies. Facebook’s sudden and dramatic decision to block people from…
Continue ReadingPeople in Australia can no longer find news on Facebook. Facebook said Wednesday that people and publishers in Australia cannot share and view news…
Continue ReadingFire and emergency services. Domestic violence charities. State health agencies. Facebook’s sudden and dramatic decision to block people from…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The eyes of the news…
Continue ReadingWhen the news broke last October that Donald Trump had been diagnosed with Covid-19, legendary conservative talk radio host Rush Limbaugh immediately…
Continue ReadingPeople in Australia can no longer find news on Facebook. Facebook said Wednesday that people and publishers in Australia cannot share and view news…
Continue ReadingThe brutal winter storm in the United States is disrupting business across a range of industries, including many sectors that are still trying to…
Continue ReadingThe winter storms and Arctic deep freeze that have blanketed the West, Midwest and South are still threatening lives and spreading misery,…
Continue ReadingFord is spending $1 billion to modernize a plant in Germany as part of a plan to sell only electric passenger cars in Europe by 2030. The factory in…
Continue ReadingThis was supposed to be the year Robinhood turned the page on its troubles and launched a massive IPO. And then GameStop mania happened. Robinhood…
Continue ReadingNigerians are recreating the distinctive signature style of new World Trade Organization boss Ngozi Okonjo-Iweala to celebrate…
Continue ReadingReactions to Rush Limbaugh’s death immediately devolved into arguments on social media on Wednesday — reflecting the fact that Limbaugh…
Continue ReadingA Black McDonald’s franchise operator has filed a lawsuit against the company, alleging that it steered him toward less profitable restaurants…
Continue ReadingEurope is now trading more goods with China than the United States, a sign of how the pandemic is transforming the global economy. Data released this…
Continue ReadingClick here for updates on this story HOUSTON, TX (KTRK) — He came in clutch during Hurricane Harvey, and now, Jim…
Continue ReadingApplebee’s is launching a new online-only brand. The main menu item? Cheeto-flavored wings. Customers can start ordering from Cosmic Wings,…
Continue ReadingGoogle Maps can already tell you which train to take or map out an optimal driving route. Now, it’s simplifying travel even more by letting…
Continue ReadingRush Limbaugh, the conservative media icon who for decades used his perch as the king of talk-radio to shape the politics of both the Republican…
Continue ReadingAmazon announced three new Alexa-enabled products on Wednesday: a smart sticky note printer, nutrition scale and cuckoo clock. But there’s a…
Continue ReadingHedge fund Alden Global Capital will acquire the rest of what it does not already own of Tribune Publishing, owner of the Chicago Tribune, the New…
Continue ReadingMcLaren unveiled the Artura on Tuesday, a new hybrid supercar that is, relatively speaking, much more affordable than the British company’s…
Continue ReadingWendy’s is heating up the fried chicken sandwich wars — quite literally this time. The newest entrant into the poultry clash is a Jalapeño…
Continue ReadingThe Trump Plaza Hotel and Casino in Atlantic City has been demolished, ending a nearly 40-year run at the New Jersey shore. Trump Plaza opened in…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Gut…
Continue ReadingInvestors have been dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the…
Continue ReadingOn Thursday, the US House Financial Services Committee will grill the chief executives of Robinhood and other companies involved in last…
Continue ReadingNew York is taking Amazon to court over claims that the company has failed to provide sufficient protections for its workers during the Covid-19…
Continue ReadingThe Trump Plaza Hotel and Casino in Atlantic City has been demolished, ending a nearly 40-year run at the New Jersey shore. Trump Plaza opened in…
Continue ReadingInvestors are dumping shares in Chinese drone maker EHang, after a short-seller accused the US-listed company of fraud. Shares of the Nasdaq-listed…
Continue ReadingApplebee’s is launching a new online-only brand. The main menu item? Cheeto-flavored wings. Customers can start ordering from Cosmic Wings,…
Continue ReadingAmericans are spending less on their credit cards since the pandemic started. But, unlike other economic data points that are inching towards…
Continue ReadingRetail sales increased sharply last month, the Commerce Department said Wednesday, beating economists’ expectations and marking their first…
Continue ReadingAfter committing one of the “biggest blunders in banking history,” Citibank won’t be allowed to recover the almost half a billion…
Continue ReadingCNN is making a series of programming changes in April, starting with a move to the mornings by Brianna Keilar. The new schedule was announced on…
Continue ReadingEarly in the pandemic, Jane Cox Childress brought her teenage son warm cookies at his desk during a remote learning session. She received a text…
Continue ReadingMany investors are increasingly hesitant to hold shares of oil and gas companies as a global energy transition gathers steam. Not Warren Buffett.…
Continue ReadingBurger King doesn’t want to come out a loser in fast food’s chicken sandwich wars. So it’s planning an upgrade. The chain said…
Continue ReadingNestlé will sell its North American bottled water business, including Poland Spring, Deer Park, Ozarka and Arrowhead, in a $4.3 billion deal as it…
Continue ReadingJeff Bezos has reclaimed his title of world’s richest person, ending Elon Musk’s roughly six-week reign atop the list. Musk lost about…
Continue ReadingIt appears that Warren Buffett is souring on the financial sector’s prospects, and that the Oracle of Omaha also has a newfound interest in Big…
Continue ReadingEditor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue ReadingEven mighty Texas, the energy powerhouse of America, is feeling the wrath of Mother Nature. A deep freeze this week in the Lone Star state, which…
Continue ReadingSony’s PlayStation 5 has been hugely popular — and hard for consumers to get their hands on — since it was released last fall. But not…
Continue ReadingMarriott International’s president and CEO Arne Sorenson died Monday following a nearly two-year battle with pancreatic cancer, the hotel chain…
Continue ReadingSpaceX delivered its 19th large batch of Starlink internet satellites into orbit on Monday evening, but in a rare misstep, the first-stage rocket…
Continue ReadingFord is shutting its Kansas City assembly plant, which makes its best-selling F-150 pickup, because of a shortage of natural gas caused by severe…
Continue ReadingChinese cinemas are back in business and selling even more tickets than before the pandemic. Local box office takings over the start of the Lunar New…
Continue ReadingBreaking off a piece of that vegan KitKat bar is now a reality. Nestlé is launching a non-dairy version of the popular candy bar, called KitKat V.…
Continue ReadingAt this point, there’s nothing particularly special about a fast food chain announcing a new fried chicken sandwich. So, McDonald’s is…
Continue ReadingAdidas says it will offload struggling US fitness brand Reebok as part of a strategic overhaul. The German sportswear company said in a statement on…
Continue ReadingParler, the social network favored by conservatives, came back online Monday with a redesigned website one month after it was suspended by Amazon Web…
Continue ReadingBitcoin topped $50,000 Tuesday, continuing a stunning rise that has sent it soaring about $20,000 this year. The digital currency hit a record…
Continue ReadingWhen the federal government announced the Payroll Protection Program a few months after the pandemic began in 2020, many microbusiness owners —…
Continue ReadingThe carmakers at the heart of Germany’s huge manufacturing industry are facing a new threat: border checks that could delay crucial parts…
Continue ReadingMove over, Robinhood, here comes Goldman Sachs. The prestigious investment bank, known mainly for advising the affluent how to manage their money and…
Continue ReadingWall Street is expecting the economy to come roaring back to life in the second half of this year. But there’s one crucial question: Are…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “We’re…
Continue ReadingElon Musk wants to have a conversation with Vladimir Putin on his new favorite social media app: Clubhouse. On Saturday, the Tesla CEO tagged the…
Continue ReadingHBO Max will feature many big movies this year — all of Warner Bros.’ 2021 film slate, in fact. However, one of the biggest movies hitting…
Continue ReadingOil is back, thanks to a strange brew of vaccines, economic optimism and a wintry mix in the Deep South. A rare bout of winter weather in Texas…
Continue ReadingTesla’s $1.5 billion investment in bitcoin has helped legitimize the cryptocurrency as an investment, leading analysts and traders to ask which…
Continue ReadingMany French workers can now eat at their desks without breaking the law. To help curb the spread of Covid-19, the country has suspended a…
Continue ReadingPeople are obsessed lately with trying to find a way to get rich quick through short-term trades. Just look at bitcoin, GameStop or cannabis stocks.…
Continue ReadingMario Draghi, Italy’s new prime minister, is no stranger to high-stakes jobs. In 2012, the former European Central Bank chief won international…
Continue ReadingJapan’s main stock index soared to its highest level in more than three decades on Monday as investors cheered signs of a rebound for the…
Continue ReadingChina banned BBC World News from airing in the country, according to a statement China’s National Radio and Television Administration released…
Continue ReadingVolkswagen’s CEO Herbert Diess isn’t intimidated by Apple, even though the tech company potentially has an electric car on the way.…
Continue ReadingWhen the coronavirus pandemic erupted in early 2020, the ensuing border closures and stay-at-home orders brought travel and tourism to its knees.…
Continue ReadingBurger King is the latest fast-food chain to establish a rewards program aimed at expanding its customer base and enticing existing patrons to be…
Continue ReadingBad news for people who frequently use the 😂 emoji: It is no longer cool. In recent weeks, two internet-savvy generations have been clashing in…
Continue ReadingBernard Arnault, the chairman of luxury goods group LVMH, is the latest billionaire to embrace Wall Street’s hot new way to raise money.…
Continue ReadingThe Covid-ravaged American economy was on the verge of slipping into a double-dip recession at the end of 2020. The pandemic was intensifying,…
Continue ReadingBitcoin is this close to $50,000, continuing a stunning rise that has sent it soaring nearly $20,000 this year. The digital currency hit a record…
Continue ReadingLast month, General Motors announced the “aspiration” to switch completely from traditional gas-powered cars to electric vehicles by…
Continue ReadingFor such a secretive company, Apple’s car efforts have been in plain sight for years. The headlines have been steady: prominent auto industry…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Trump’s second…
Continue ReadingAndrew Markert used to serve carefully plated Valentine’s Day specials to couples at his Washington, DC restaurant, Beuchert’s Saloon.…
Continue ReadingIn an apparent tit-for-tat move, BBC World News has been banned from airing in China, according to a statement from China’s National Radio and…
Continue ReadingFox News has amped up its highly charged rhetoric in the post-Trump era, focusing on bashing the left and President Joe Biden. With Donald Trump out…
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