Samsung says profits are rising, but smartphone competition is fierce
Samsung predicts its profits rose nearly 26% last quarter. That suggests demand for many of its products has kept up during the coronavirus pandemic…
Continue ReadingSamsung predicts its profits rose nearly 26% last quarter. That suggests demand for many of its products has kept up during the coronavirus pandemic…
Continue ReadingThe morning after rioters violently stormed the US Capitol, “Morning Joe” co-host Joe Scarborough passionately reprimanded Capitol police…
Continue ReadingDigital security experts are raising the alarm over Wednesday’s breach of the US Capitol, which not only threatened lawmakers’ physical…
Continue ReadingStocks rallied to new all-time highs on Thursday, as Wall Street continues to be unfazed by the prior day’s violent clashes on Capitol Hill.…
Continue ReadingConsumers using a phone that still runs on the Verizon 3G network have a bit more time to continue using the network. The company’s 3G network…
Continue ReadingBitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls,…
Continue ReadingThe surprise sweep by Democrats in Georgia should pave the way for a faster economic recovery from the pandemic, says Goldman Sachs. The bank…
Continue ReadingStocks are rallying sharply on Thursday, as Wall Street continues to be unfazed by the prior day’s violent clashes on Capitol Hill. For…
Continue ReadingAmerican gun manufacturers saw their stock prices surge Wednesday afternoon as a group of Trump supporters stormed into the US Capitol building in an…
Continue ReadingIt’s not a surprise that stocks mostly rallied Wednesday and were up again Thursday morning, despite the ugly and tragic events during a riot…
Continue ReadingBitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls,…
Continue ReadingAmazon’s livestreaming platform Twitch has banned a popular gaming emote, citing how the man pictured in the emote tweeted comments that…
Continue ReadingBurger King’s identity is getting a whopper of a refresh, with its first new logo in more than 20 years. Using colors inspired by its…
Continue ReadingFacebook’s restrictions on President Donald Trump’s account will continue for at least the next two weeks and perhaps…
Continue ReadingAcross the United States, millions watched in horror Wednesday as unprecedented scenes of chaos unfolded at the US Capitol. Supporters of President…
Continue ReadingIt’s not a surprise that stocks mostly rallied Wednesday and were up again Thursday morning, despite the ugly and tragic events during a riot…
Continue ReadingFacebook’s restrictions on President Donald Trump’s account will continue for at least the next two weeks and perhaps…
Continue ReadingElon Musk is getting close to grabbing the title of world’s richest person from Amazon CEO Jeff Bezos. The Bloomberg real-time billionaire…
Continue ReadingLate-night hosts, typically some of the most jovial personalities on television, were somber and angry Wednesday night after rioters stormed the…
Continue ReadingThe jobs recovery has run out of steam as the pandemic continues to spread across the country and world. Last week, another 787,000 Americans filed…
Continue ReadingElon Musk is getting close to grabbing the title of world’s richest person from Amazon CEO Jeff Bezos. The Bloomberg real-time billionaire…
Continue ReadingCorporate America is speaking out forcefully against Wednesday’s riots in Washington, in which the US Capitol was breached by supporters of…
Continue ReadingFacebook and Twitter took the extraordinary step on Wednesday of locking President Donald Trump’s account on their platforms after his…
Continue ReadingIt was a shocking day in American history after a mob of President Donald Trump’s supporters stormed the Capitol, engulfing one of…
Continue ReadingJeff Immelt’s 16 years at the helm of General Electric left the company in shambles. The once-great company was drowning in debt, under fire…
Continue ReadingCorporate America is speaking out forcefully against Wednesday’s riots in Washington, in which the US Capitol was breached by supporters of…
Continue ReadingShares in Alibaba and Tencent were rocked in Hong Kong on Thursday following reports that they could be the next casualties of President Donald…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The events on Capitol…
Continue ReadingWednesday’s assault on the US Capitol by President Donald Trump’s supporters has created a crisis moment for the tech companies that have…
Continue ReadingWhile many Americans were stunned as they watched rioters descend on the Capitol and clash with police, there has been chatter for days on various…
Continue ReadingThe National Association of Manufacturers, one of the most influential business groups in the US, called on Vice President Mike Pence Wednesday to…
Continue ReadingThe National Association of Manufacturers, one of the most influential business groups in the US, called on Vice President Mike Pence Wednesday to…
Continue ReadingTwitter said Wednesday it has locked President Donald Trump’s account for 12 hours, and warned for the first time that it may suspend him…
Continue ReadingWhen pro-Trump rioters breached the Capitol building on Wednesday, the TV cameras in the House and Senate chambers were abruptly turned off.…
Continue ReadingWall Street shrugged off a shocking day in America’s history Wednesday as Trump supporters stormed the US Capitol in a violent attempt to…
Continue ReadingFacebook, Twitter and YouTube took action on President Donald Trump’s posts Wednesday in the wake of riots at the US Capitol from his…
Continue ReadingWaymo, the self-driving arm of Google’s parent company Alphabet, and which pioneered the self-driving car business, says it’s done with…
Continue ReadingOn Wednesday afternoon, Twitter moved to restrict engagement with tweets by President Donald Trump and others that have been labeled “due to a…
Continue ReadingThe National Association of Manufacturers, the nation’s largest manufacturing association, called on Vice President Mike Pence Wednesday to…
Continue ReadingBefore the pandemic, Meg Bourbonniere used Eventbrite to purchase concert tickets. But this week, the 65-year-old resident of Pinellas County,…
Continue ReadingMain Street is emerging as a clear winner following the Senate runoffs in Georgia. The outlook is far murkier, on the other hand, for Wall Street. If…
Continue ReadingThe “blue wave” that many expected in November appears to have crested two months later. Now, investors are trying to figure out how to…
Continue ReadingRoku is reportedly in talks to buy the rights to content from Quibi, the short-form video company that shut down after just a few months. While it…
Continue ReadingThe New York Stock Exchange will delist three Chinese telecommunications stocks to comply with an executive order from the Trump administration —…
Continue ReadingIt’s always a challenge to find the right gift to get one’s mother, the right token that accurately reflects the appreciation and…
Continue ReadingFolk-rock superstar Neil Young has sold a 50% stake in his song catalog to investment company Hipgnosis for an estimated $150 million. The deal…
Continue ReadingThousands of stocks trade on Wall Street every day. But let’s be honest: Just a half dozen companies really, truly matter for many investors.…
Continue ReadingAfter the elections in November, Wall Street put predictions of a “blue wave” aside. Now, investors are once again reckoning with the…
Continue ReadingA Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It’s a…
Continue ReadingIt’s hard to imagine anyone has had a better year than Elon Musk did in 2020. His personal net worth soared like one of his SpaceX rockets,…
Continue ReadingPresident Donald Trump is continuing to pile the pressure on Chinese tech companies in the closing days of his administration. Trump on Tuesday…
Continue ReadingAntitrust scrutiny of Apple and other big tech giants ratcheted up over the past year. And for the first time, Apple has noted in its annual proxy…
Continue ReadingBill Gross started off his investment outlook for 2021, titled “A Little Bit Softer Now,” on an unusual note, discussing a legal spat…
Continue ReadingShake Shack is kicking off 2021 by introducing a new contender to the fast food industry’s already-crowded chicken sandwich wars. The burger…
Continue ReadingPizza Hut is doubling down on one of its classic innovations as the pandemic-era pizza wars rage. In a nod to the 25th anniversary of stuffed…
Continue ReadingCOVID-19 tests are in high demand as cases surge, with some Americans waiting in long lines at medical centers and drive-through sites. But now an…
Continue ReadingA group of major oil producers have agreed to keep production broadly steady in February and March as the pandemic forces some economies back into…
Continue ReadingA group of major oil producers have agreed to keep production steady in February and March as the pandemic forces some economies back into lockdown…
Continue ReadingUS car sales have picked up again — and Americans are back to buying vehicles at their pre-pandemic pace, according to General Motors. As the…
Continue ReadingAdobe has officially killed off Flash Player, the buggy, hated, security vulnerability of a web browser plug-in that was once widely used for viewing…
Continue ReadingMicrosoft is rumored to be working on a major redesign of Windows 10 that could bring big changes to the way the PC operating system looks and…
Continue ReadingGeorgia isn’t just the center of the political universe. It’s center stage on Wall Street, too. The Peach State’s Senate runoffs…
Continue ReadingStaying home and gaming is definitely a trend during the pandemic, but it has been hard for people to get their hands on the latest consoles. Since…
Continue ReadingBattery electric vehicles accounted for more than half of all cars sold in Norway last year, putting the country way out in front in efforts to kill…
Continue ReadingGary Cohn, who quit a top job at Goldman Sachs to join the Trump administration in 2017, is the new vice chairman at tech giant IBM. Cohn said in a…
Continue ReadingElephant ivory is still being sold on eBay despite the online marketplace introducing a ban more than a decade ago, researchers have found. Sellers…
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 ReadingJennifer Bunce-Timmons is used to making extravagant cakes for weddings. But over the summer, she got a request that was on another level. Instead of…
Continue ReadingAlibaba is shutting down its music streaming app next month, signaling an end to the Chinese tech firm’s big music ambitions. The company…
Continue ReadingThe new year was meant to usher in greater certainty, with Covid-19 vaccination efforts ramping up and the US election in the rearview mirror.…
Continue ReadingHaven, an ambitious health care company formed just three years ago as a partnership between Amazon, Warren Buffett’s Berkshire Hathaway and…
Continue ReadingA group of major oil producers including Saudi Arabia and Russia is deadlocked over whether to increase output as the pandemic forces some economies…
Continue ReadingMore than 170 prominent business leaders signed a letter urging Congress to accept the Electoral College results that declared Joe Biden as the next…
Continue ReadingThe New York Stock Exchange has reversed its decision to kick out three of China’s largest state-owned telecom companies. The exchange said…
Continue ReadingJack Ma’s businesses are under enormous pressure right now. But the co-founder of China’s most successful tech empire and legendary…
Continue ReadingHundreds of employees at Google and its parent, Alphabet, have launched a union, a rare step for the tech industry that also represents the biggest…
Continue ReadingIt was a rocky first trading day of the year for Wall Street as stocks fell sharply and investors grew worried about the the pandemic and the…
Continue ReadingJanet Yellen, President-elect Joe Biden’s pick for Treasury secretary, made more than $7 million in recent years by giving speeches to Wall…
Continue ReadingHaven, an ambitious health care company formed just three years ago as a partnership between Amazon, Warren Buffett’s Berkshire Hathaway and…
Continue ReadingMcDonald’s is launching new sandwiches next month in an effort to win fast food’s chicken war. On Monday, the company announced three…
Continue ReadingThe Dow tumbled more than 500 points in the early afternoon on Monday, the first trading day of the New Year, as investors grew worried about the the…
Continue ReadingBitcoin prices more than quadrupled in 2020 and surged to a new record above $30,000 this year, but many investors think there’s still room for…
Continue ReadingThe Dow tumbled more than 600 points around midday Monday, the first trading day of the New Year, as investors grew worried about the the pandemic…
Continue ReadingNew year, same telecommuting headaches. Slack, a popular workplace communication platform, confirmed a service interruption for some users on Monday…
Continue ReadingMGM Resorts International is attempting to buy the owner of British gambling brand Ladbrokes, making it the latest US casino operator to place a…
Continue ReadingChipotle is adding cauliflower rice to its menu as customers’ tastes shift toward healthier options. Beginning Monday, the cilantro-lime…
Continue ReadingInvestors are gearing up for a turbocharged 2021. Want evidence? Look at the price of Bitcoin. What’s happening: Just a few weeks ago, Wall…
Continue ReadingYears before Vanessa Pappas became the public face of TikTok, she interviewed for a job hosting a car show at a buzzy video production company that…
Continue ReadingThe legendary activist investor Carl Icahn is dumping a massive chunk of his stake in Herbalife Nutrition and giving up his firm’s seats on the…
Continue ReadingWashington’s battle with Beijing is escalating once more on Wall Street. The New York Stock Exchange will end trading in the shares of three of…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Sunday showed how.…
Continue ReadingFanduel, the fantasy sports and online sports betting company, experienced outages on Sunday — the last day of regular season NFL games —…
Continue ReadingThe Republican effort to contest the presidential election results on the Senate floor this week is raising questions about how media outlets should…
Continue ReadingWe’re hoping to shelve the word ‘unprecedented’ for a while as 2021 gets underway — but first, one final look at a 2020. The Dow…
Continue ReadingLegendary talk show host and former CNN interviewer Larry King has Covid-19, according to a source close to the family. King, 87, has been…
Continue ReadingTesla hit its goal of building a half-million cars in 2020, a first for the company, it reported Saturday. The completed deliveries to customers,…
Continue ReadingBitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued…
Continue ReadingThe Dow and the S&P 500 started and ended this unprecedented year at all-time highs — with a lot of volatility along the way. All three major…
Continue ReadingMicrosoft said Thursday that the suspected Russian hackers behind a massive US government security breach also viewed some of the company’s…
Continue ReadingThe stock market’s wild 2020 ride is finally coming to an end. Stocks are at record highs once again, just like they were at the start of this…
Continue Reading