Stimulus is nice. But here’s what Biden really needs to fix the economy
Joe Biden last week proposed a $1.9 trillion stimulus bill, part of a historically ambitious plan to combat an economic crisis. But many economists…
Continue ReadingJoe Biden last week proposed a $1.9 trillion stimulus bill, part of a historically ambitious plan to combat an economic crisis. But many economists…
Continue ReadingJoe Biden last week proposed a $1.9 trillion stimulus bill, part of a historically ambitious plan to combat an economic crisis. But many economists…
Continue ReadingFord has ordered a month-long production halt at one of its plants in Germany, the latest sign that a global shortage of computer chips is putting…
Continue ReadingIt’s report card season for Corporate America. Companies are starting to release their earnings for the fourth quarter of last year, and so far…
Continue ReadingApple, along with Amazon and Google, effectively kicked Parler off the internet in the wake of the January 6 US Capitol siege. Despite criticism that…
Continue ReadingThe US government is warning that groups could rely on radio equipment as an alternative to social media to plan future criminal activities. In a…
Continue ReadingA 70-foot rocket, riding beneath the wing of a retrofitted Boeing 747 aircraft, detached from the plane and fired itself into Earth’s orbit on…
Continue ReadingChina’s economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic. The world’s…
Continue ReadingSamsung vice chairman Lee Jae-yong is going back to prison, casting the future of leadership at the massive tech company in doubt. The Seoul High…
Continue ReadingParler’s website suddenly reappeared online Sunday afternoon with a message from its CEO, John Matze: “Hello world, is this thing…
Continue ReadingWhen Costco opened its first store in China in 2019, it wasn’t just the hot rotisserie chickens and discounted Birkin bags that lured frenzied…
Continue ReadingThe French government has put an abrupt end to a $20 billion takeover of the country’s biggest retailer by Canada’s largest convenience…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Were there…
Continue ReadingParler’s website suddenly reappeared online Sunday afternoon with a message from its CEO, John Matze: “Hello world, is this thing…
Continue ReadingJamie Lynn Spears called Tesla “a secret cat-killer” and told CEO Elon Musk that he owes her a couple new feline friends. The actress,…
Continue ReadingMukesh Ambani has spent years trying to turn his inherited oil business into a tech empire. In 2020, that pivot really kicked into overdrive. Between…
Continue ReadingFrankly, this could very well be someone’s dream job. Kraft Heinz is looking to hire a new team of Hotdoggers (yes, that’s what the job…
Continue ReadingWith coronavirus vaccines now rolling out across the United States, businesses and schools are considering how, and what it will take, to safely…
Continue ReadingGab, an alternative social media network popular with conservatives, the alt-right and some extremists, is surging in popularity after conservative…
Continue ReadingChris Cramer, the passionate and forthright leader at the helm of CNN International for 11 years, has died, aged 73. He was an early champion of…
Continue Reading– One of the largest jackpots in U.S. history will grow even larger since there was no winner for Friday’s drawing of the Mega Millions’ $750 million…
Continue ReadingCES, the closely-watched annual consumer electronics show, often sets the tone for the tech trends of the year — but little did I realize how true…
Continue ReadingThe American Petroleum Institute, the nation’s largest and most powerful oil lobby, is losing one of its biggest members over a disagreement…
Continue ReadingA realignment in TV news is under way. Fox News Channel’s ratings have sagged ever since Election Day. And CNN’s ratings have surged to…
Continue ReadingSamsung’s new Galaxy S21 lineup has an updated look and lower price tags, but customers will also notice two items missing from the box:…
Continue ReadingCES, the closely-watched annual consumer electronics show, often sets the tone for the tech trends of the year — but little did I realize how true…
Continue ReadingWith coronavirus vaccines now rolling out across the United States, businesses and schools are considering how, and what it will take, to safely…
Continue ReadingThe National Rifle Association of America, the nation’s foremost gun lobby, has filed for bankruptcy, according to court documents filed Friday…
Continue ReadingAn estimated 1,000 fast food workers across the United States went on strike Friday over low wages, staging protests in honor of Martin Luther King…
Continue ReadingThousands of Amazon warehouse workers at an Alabama facility will begin voting next month on whether to unionize their workplace, potentially paving…
Continue ReadingJames Murdoch, the youngest son of billionaire media mogul Rupert Murdoch, assailed “media property owners” and outlets that have…
Continue ReadingWhatsApp is delaying updating its privacy policy following mass confusion over what data it shares with its parent company, Facebook. Last month,…
Continue ReadingIn a last-minute bid to persuade President Donald Trump to pardon Julian Assange, Wikileaks has reached out to several high-profile reporters asking…
Continue ReadingThe executive hired to help boost Walmart’s e-commerce business to compete with Amazon is leaving the company. Marc Lore, who joined the…
Continue ReadingNow that Covid-19 vaccination efforts are ramping up, local health officials are on the hunt for locations that can quickly be converted into…
Continue ReadingBumble, the company best known for its female-centered dating app, is getting ready for its big date with Wall Street. The company filed paperwork on…
Continue ReadingWells Fargo is still being haunted by its history of ripping off customers. More than four years after the Wells Fargo fake-accounts scandal erupted,…
Continue ReadingStephen Colbert, Jimmy Kimmel and other late-night TV hosts got a second chance to make fun of an impeachment of President Donald Trump. The pair…
Continue ReadingUS retail sales dropped last month, the Commerce Department said Friday, marking the third straight month without any growth. Retail sales fell 0.7%…
Continue ReadingAirlines and the Transportation Security Administration are stepping up security for flights to and from Washington, DC, amid threats of additional…
Continue ReadingNews that President-elect Joe Biden is asking Congress to pass a $1.9 trillion stimulus package would normally give markets a big boost. Not this…
Continue ReadingUS lawmakers are asking for help from travel companies including bus operators, car rental companies and hotels to prevent an attack on the…
Continue ReadingThe economy may not have fully recovered yet, but that’s no problem for America’s biggest bank. JPMorgan Chase reported a record profit…
Continue ReadingIt’s a rocky road to disrupt the ice cream industry, but sundae you may get your soft serve from a pod. A new machine called ColdSnap, which…
Continue ReadingGroups and individuals spreading lies about the 2020 election and calling to protest the outcome have continued to hide in plain sight on Facebook,…
Continue ReadingGroups and individuals spreading lies about the 2020 election and calling to protest the outcome have continued to hide in plain sight on Facebook,…
Continue Reading“WandaVision,” Marvel Studios’ first original series for Disney+, hits streaming this weekend. That’s excellent news for…
Continue ReadingThe Trump administration is inflicting even more damage on Chinese businesses — including smartphone maker Xiaomi — with just days to go before…
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. In…
Continue ReadingTikTok is launching an incubator program to support 100 Black creators, a strategy to attract audiences that’s become popular with other social…
Continue ReadingWith the coronavirus pandemic shuttering theaters for months on end and major blockbusters delayed into an unforeseeable future, 2020 was one of the…
Continue ReadingSamsung’s new Galaxy S21 lineup has an updated look and lower price tags, but customers will also notice two items missing from the box:…
Continue ReadingPetco is hoping the third time is the charm. The 55-year-old pet retailer launched its third IPO in company history Thursday — and this time…
Continue ReadingPresident Donald Trump certainly lived up to his self-proclaimed status as the King of Debt during his term in office. The national debt spiked by $7…
Continue ReadingThe bitcoin roller coaster continues. The price of the top cryptocurrency hit an all-time high of nearly $42,000 less than a week ago before quickly…
Continue ReadingA businessman and a fringe internet activist who each played key roles in the conspiracy theory about Seth Rich, the slain Democratic National…
Continue ReadingBillionaire Republican donor and Home Depot co-founder Ken Langone said he feels “betrayed” by President Donald Trump after the attempt…
Continue ReadingLaw enforcement agencies are rounding up suspected rioters, combing through social media evidence, and uncovering the true depth of the plot to…
Continue ReadingLaw enforcement agencies are rounding up suspected rioters, combing through social media evidence, and uncovering the true depth of the plot to…
Continue ReadingBig banks, climate activists and banking reform advocates don’t agree on much, but they joined forces to denounce a proposed Trump…
Continue ReadingThe record stock market run is great news for BlackRock: The owner of the super popular iShares family of exchange-traded funds reported earnings and…
Continue ReadingChristopher & Banks is joining the long list of retailers filing for bankruptcy and disappearing from America’s malls. The womenswear…
Continue ReadingGermany’s economy held up better in the pandemic than it did during the global financial crisis, despite a second wave of lockdowns in the…
Continue ReadingDelta Air Lines closed the books on the worst year in its history. Thursday, Delta reported a record $6.8 billion loss for 2020, excluding special…
Continue ReadingStocks rallied to record highs as a mob descended on the US Capitol. But now that President Donald Trump has become the first American president in…
Continue ReadingChinese technology company Huawei is backtracking on a patent application it filed for a facial recognition system intended to identify Uyghurs from…
Continue ReadingChina was already outperforming every other major world economy last year as the coronavirus pandemic upended the globe. It looks like the…
Continue ReadingSubstack has become synonymous with writers looking to go independent. But for many years prior, there was a different go-to place for…
Continue ReadingWhen Chobani started selling Greek yogurt in 2007, it upended the market. Now, it wants to do the same for iced coffee. This week, Chobani is…
Continue ReadingUS President Donald Trump has been permanently banned from Snapchat, according to a statement by the platform Wednesday. “Last week we…
Continue ReadingTaco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue ReadingChina’s leader has called on Starbucks’ former chairman Howard Schultz to help promote US-China relations, according to Chinese state…
Continue ReadingTaco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue ReadingTwitter CEO Jack Dorsey has defended his company’s decision to ban President Donald Trump, while acknowledging that the move stems from its…
Continue ReadingCostco is closing its photo centers at all of its roughly 800 stores next month, ending a number of services that have a decidedly retro vibe. Four…
Continue ReadingThe American jobs crisis is escalating again. States have ratcheted up their virus-prevention measures to combat rising infection rates, and the job…
Continue ReadingBig banks, climate activists and banking reform advocates don’t agree on much, but they have joined forces to denounce a proposed Trump…
Continue ReadingConvenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
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. In…
Continue ReadingThe number of Black people working at Netflix has doubled over the last three years, but the company admits it has work to do when it comes to adding…
Continue ReadingIn a most unusual time, CES was diminished this year, with lots of companies including Google and Amazon not having a substantial presence and…
Continue ReadingThe Voice of America has effectively demoted a reporter who tried to ask questions of Secretary of State Mike Pompeo after he delivered a speech…
Continue ReadingIntel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. The chipmaker recruited Gelsinger…
Continue ReadingSamsung is set to update its Galaxy smartphone line about a month ahead of its typical launch schedule. The company, which typically updates new…
Continue ReadingPandemic travel restrictions and shelter-in-place orders have made it difficult to access cultural experiences. But a virtual tour of the…
Continue ReadingBillionaire Republican donor and Home Depot co-founder Ken Langone says he feels “betrayed” by the Republicans who attempted to overturn…
Continue ReadingWe’re two days into this year’s virtual Consumer Electronics Show, and we’ve already seen big tech announcements from companies…
Continue ReadingDollar General wants its employees to get COVID-19 vaccines, so it’s offering to pay them to do it. The chain said Wednesday that it will give…
Continue ReadingThe world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to…
Continue ReadingCorporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain…
Continue ReadingThe incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery…
Continue ReadingNew York City is seeking to terminate its business relationships with the Trump Organization in response to last week’s attack on the US…
Continue ReadingConvenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue ReadingYouTube is suspending President Donald Trump’s channel for at least one week, and potentially longer, after his channel earned a strike under…
Continue ReadingIt’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off: Americans aren’t…
Continue ReadingAmazon said it is banning QAnon merchandise from its marketplace in response to the extremist group’s role in attacking the US Capitol. The…
Continue ReadingTVs seem to get bigger, slimmer and more connected each year. But now, in 2021, you can also see right through them. In a video shown during the…
Continue ReadingNew York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the…
Continue ReadingOne of China’s most prominent e-commerce companies is facing intense public backlash over allegations that it overworks its employees.…
Continue ReadingFaith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early…
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