Money
Elon Musk is trying to win China back
Elon Musk’s Tesla has endured a rough couple of months in China. Now he’s working overtime to win Beijing back. The Tesla CEO lavished…
Continue Reading
Work-life balance on Wall Street looks like free Pelotons and Zoom-free Fridays
Editor’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 Reading
Regal theaters will get to show Warner Bros movies before they stream
Cineworld Group has some big news for movie buffs: Its theaters will get to screen Warner Bros. movies again before they stream, starting next year.…
Continue Reading
GameStop earnings fall short of expectations, but online sales offer some hope
After several wild weeks in the spotlight, GameStop’s released financial results for the three months ended January 30 that fell short of Wall…
Continue Reading
7-Eleven is opening a taco drive-thru
7-Eleven wants to get in on the growing popularity of fast food drive-thrus. So it’s opening one for its taco restaurant. The convenience store…
Continue Reading
Robinhood files confidentially for IPO despite disastrous start to 2021
Robinhood filed confidentially for an IPO on Monday, a person familiar with the matter told CNN Business, a development that shows the trading…
Continue Reading
Marvel’s ‘Black Widow’ will debut on Disney+ and theaters at the same time
In its biggest shift to streaming yet, Disney is releasing a film from Marvel on Disney+ at the same time it hits theaters. “Black…
Continue Reading
Americans spent the pandemic stocking up on booze. That may be changing
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue Reading
Yellen and Powell praise stimulus but warn that more needs to be done
The two most powerful economic authorities in America told lawmakers that although the US economy is on the mend thanks to several rounds of…
Continue Reading
Facebook accused of failing to provide a ‘safe’ environment for users
Reporters Without Borders has filed a lawsuit against Facebook in France, accusing the platform of failing to provide a “safe”…
Continue Reading
Free Pelotons and iPads: How Wall Street is fighting Covid burnout
To keep employees happy despite rampant stress and exhaustion during the pandemic, some Wall Street banks are handing out toys, gifts and perks.…
Continue Reading
David’s Bridal says weddings are coming back — now with jumpsuits and short hems
Weddings across the country have been postponed or canceled in the pandemic, but couples are now signaling that they won’t have their love…
Continue Reading
Alcohol sales fell for the first time since the pandemic began
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue Reading
We flattened the curve. Now let’s end the pandemic
As we experience the pain of so many lives lost and the fatigue of what feels like an endless year of restrictions, it can be hard to appreciate the…
Continue Reading
Citi launches Zoom-Free Fridays, but there’s a catch
Citigroup is launching “Zoom-Free Fridays” as a way to help the bank’s burned-out employees cope with stress a year into the…
Continue Reading
Here comes $3 gas, just as Americans start traveling again
Travel-starved Americans emerging from lockdown may need to budget for $3-a-gallon gasoline on their next road trip. Prices at the pump are on the…
Continue Reading
New reasons to think the work-from-home revolution is overblown
One year after the COVID-19 pandemic forced millions of workers to start clocking in from home, many companies are thinking about how to bring their…
Continue Reading
Uncontrolled COVID-19 spread increases chances of a more dangerous variant emerging, ex-CDC chief says
With a climbing number of COVID-19 vaccinations in the US, the light at the end of the tunnel is growing brighter. But right now, experts say it is…
Continue Reading
Here’s how much vaccines are selling for on the illegal market
Counterfeit vaccine cards and what are being billed as Covid-19 vaccines are now for sale on the dark web, according to a report released Tuesday.…
Continue Reading
Congress is about to grill the top social media CEOs. What questions do you have?
The top social media execs are about to face off with Washington lawmakers again. Congress is set to grill the CEOs of Facebook, Google and Twitter…
Continue Reading
California’s senators ask Biden to ban sale of gas-powered cars
California’s two Senators are pushing the Biden Administration to set a date after which automakers would no longer be allowed to sell…
Continue Reading
The first-ever tweet sold as an NFT for $2.9 million
Twitter CEO Jack Dorsey sold the first-ever published tweet as an NFT, a digital collector’s item of sorts. The final bid was $2.9 million. The…
Continue Reading
Taco Bell is getting a new look
Taco Bell fans will soon see a new restaurant design across the United States. The restaurant chain announced Tuesday that it’s expanding its…
Continue Reading
Chinese markets slump as tit-for-tat sanctions raise tension with US and Europe
Chinese stocks fell by as much as 3% on Tuesday as the United States and its allies announced new sanctions on Beijing, a sign that its relationship…
Continue Reading
Covid-19 vaccines and counterfeit vaccine cards are for sale on the dark web
Counterfeit vaccine cards and what are being billed as Covid-19 vaccines are now for sale on the dark web, according to a report released Tuesday.…
Continue Reading
Trump’s post-presidency: On the attack with the help of a cable propaganda machine
A long interview with a Fox News anchor. An even longer podcast with a Fox commentator. And a dinnertime phone call with a Newsmax TV personality.…
Continue Reading
Popeyes is bringing its famous fried chicken to Britain
Americans have spent the past year going absolutely wild over fried chicken sandwiches. Now, Popeyes hopes to bring the craze to the United Kingdom.…
Continue Reading
Fox News anchor wrongly reports DHS secretary had resigned during Trump interview
Fox News anchor Harris Faulkner made a serious and bizarre error on Monday, interrupting a live phone interview with former President Donald Trump to…
Continue Reading
Billionaire Leon Black is leaving Apollo following scrutiny over ties to Jeffrey Epstein
Leon Black is completely stepping away from running private equity firm Apollo Global Management amid scrutiny over the billionaire’s ties to…
Continue Reading
Computer chip shortage starting to hit automakers where it hurts
The computer chip shortage is starting to hit automakers where it really hurts, delaying deliveries of full-size pickups and SUVs. Since the chip…
Continue Reading
Here come the pickup truck and SUV delays
The computer chip shortage is starting to hit automakers where it really hurts, delaying deliveries of full-size pickups and SUVs. Since the chip…
Continue Reading
Nikes are getting harder to find at stores. Here’s why
Struggling to find Nike sneakers at your neighborhood shoe store? That’s by design. Nike wants customers to buy more of its shoes, clothing and…
Continue Reading
Why Biden won’t be able to totally undo Trump’s tax cuts
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Goldman Sachs thinks Biden will face far more…
Continue Reading
Krispy Kreme is making vaccinations extra sweet with a free doughnut a day for the rest of the year
Krispy Kreme has come up with a way to make getting the COVID-19 vaccine extra sweet. Starting Monday until the end of the year, if you take your…
Continue Reading
Goldman Sachs CEO responds to analyst survey describing ‘inhumane’ workplace
Goldman Sachs’ CEO says the bank will strengthen enforcement of its “Saturday rule” and speed up hiring of junior bankers after a…
Continue Reading
Goldman Sachs: Biden’s tax hikes won’t be as big as he wants
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Goldman Sachs thinks Biden will face far more…
Continue Reading
Social media star David Dobrik steps down from his buzzy app Dispo amid controversy
One of the buzziest apps of the moment is now in disarray, with its social media star cofounder stepping down amid a controversy that sparked a…
Continue Reading
Tesla’s stock will rise 350% by 2025, analyst predicts
Tesla shares have slumped in recent weeks, losing 26% of their value between a record high in late January and its closing price Friday. But at least…
Continue Reading
Kylie Jenner pushed a GoFundMe for a makeup artist’s hospital bills. Critics say she should have paid them herself
Kylie Jenner seeking support for a GoFundMe effort aimed at helping pay medical bills for makeup artist Samuel Rauda did not go over well. Jenner…
Continue Reading
Wall Street’s hot new bet: Betting on sports
The NCAA basketball tournament, aka March Madness, is nirvana for sports bettors. But it’s March Madness on Wall Street too, as the blue-chip…
Continue Reading
Turkey’s lira plunges after Erdogan fires central bank head
Turkey could be on the cusp of another currency crisis after President Recep Tayyip Erdogan abruptly fired the head of the country’s central…
Continue Reading
Donald Trump is creating his own social media network that will go live in a few months
Former President Donald Trump is coming back to social media — but this time with his own network, a Trump spokesperson told Fox News on…
Continue Reading
Ignoring CDC warnings, more than 1 million passengers have flown from US airports for 10 straight days
Spring break is here and people suffering from a year of cabin fever are throwing caution to the wind. Saturday marked the 10th straight day on which…
Continue Reading
Trump is returning to social media in a few months with his own platform, spokesman says
Former President Donald Trump is coming back to social media — but this time with his own network, a Trump spokesperson told Fox News on…
Continue Reading
Reporters call out Biden administration for lack of transparency at the US-Mexico border
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Department of…
Continue Reading
This startup aims to take the trash out of takeout
Like many New Yorkers, Adam Farbiarz eats a lot of takeout. But every time he finished a meal, he noticed he was left with a lot of garbage. In fact,…
Continue Reading
What’s keeping America’s top economists up at night
There’s a reason economics is frequently called the “dismal science.” What’s happening: The US economy is on track for a…
Continue Reading
Elon Musk responds to spying concerns in China: Trust us, we’re just like TikTok
Tesla CEO Elon Musk says his company’s cars would never be used for spying in China, in response to reports that the country’s military…
Continue Reading
Children’s book on Dr. Anthony Fauci set for June
Dr. Anthony Fauci, who has served under seven US presidents and has guided the national response to Covid-19, will soon be immortalized in a…
Continue Reading
The Capitol Hill riot’s long shadow is visible in day-by-day news coverage
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Despite the best…
Continue Reading
Connie Chung: The media is miserably late covering anti-Asian violence
Media outlets are ramping up their coverage of anti-Asian violence following last week’s Atlanta shootings, but many Asian-American journalists…
Continue Reading
Profit tumbled at Saudi Aramco, the world’s biggest oil company
Saudi Aramco had a rough 2020, just like every other oil company. But Aramco isn’t any ordinary oil company — it’s the…
Continue Reading
Tim Cook and other Apple executives will testify against Epic in Fortnite trial
Apple and Epic are nearing their highly anticipated Fortnite trial and plan to bring forward some top executives to testify in-person. The case…
Continue Reading
Ilhan Omar: The media is missing the point on the border crisis
Rep. Ilhan Omar wants the media to change the way it covers immigration. “I think that there are some failures that are taking place,”…
Continue Reading
Kent Taylor, Texas Roadhouse founder and CEO, dies at 65
Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain’s Facebook page. He was 65. “Our…
Continue Reading
Investors love electric cars. They’re starting to like Volkswagen, too
A lot can change in a week. Just ask Volkswagen. Europe’s largest carmaker was nobody’s idea of a trendy stock a week ago. Then CEO…
Continue Reading
Teen Vogue’s new editor out of a job after backlash over old tweets
Alexi McCammond is out as editor-in-chief of Teen Vogue even before officially starting, she and the magazine’s owner announced Thursday. The…
Continue Reading
5 big signs that travel is roaring back
Vacation deprivation is about to be replaced by a travel boom, according to Expedia CEO Peter Kern. He told CNN’s Julia Chatterley earlier this…
Continue Reading
Amazon looks to expand its telehealth footprint
After helping to furnish your home office in 2020, Amazon now wants to help provide your healthcare. The tech giant is expanding Amazon Care —…
Continue Reading
The Fed is yanking away big banks’ ‘get out of jail free’ card
Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an…
Continue Reading
Regulators reject Wall Street’s calls to extend Covid relief for big banks
Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an…
Continue Reading
Bikini waxes, lashes and blowouts: It’s time to return to our pre-pandemic selves
After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are…
Continue Reading
BioNTech ‘turning every stone’ to scale up vaccine production, co-founder tells CNN
The makers of the Pfizer/BioNTech coronavirus vaccine are “turning every stone” to scale up production capacity as Europe continues to…
Continue Reading
FedEx is still booming thanks to everyone buying stuff online
Despite taking a hit from lousy, snowy weather in February, FedEx is thriving thanks to online shopping. Shares of FedEx soared more than 6% Friday…
Continue Reading
Superheroes are shifting to streaming. That could change everything
It’s a big weekend for comic book fans with two highly anticipated superhero premieres debuting. However, instead of heading to the multiplex,…
Continue Reading
Why one Florida city wants to build a two-mile tunnel to the beach
Fort Lauderdale, Florida tourists may be just a few years away from arriving at the beach in a Tesla driven in a tunnel, provided that Elon Musk can…
Continue Reading
Goldman Sachs analysts say they work 95-hour weeks and endure ‘inhumane’ treatment
A workplace survey from a group of junior analysts at Goldman Sachs is about to make you feel a lot better about your job. About a dozen first-year…
Continue Reading
Pandemic puts booming CEO pay under the microscope
The pandemic exposed the huge inequities baked into the global economy. That could make for a tense string of annual meetings this spring, as…
Continue Reading
Starbucks shareholders reject CEO pay proposal in rare move
Starbucks shareholders voted against the company’s CEO pay proposal in a rare move that may indicate some shareholders think the chief…
Continue Reading
US stock futures shrug off overseas slump
US stocks were poised to rebound on Friday as investors shrugged off an overseas sell-off and inflation fears receded. Dow futures were last up 27…
Continue Reading
Social media platforms are going to war for online talent
When Katerina Horwitz started out as a social media influencer in 2016, she didn’t earn much money beyond a handful of sponsored posts. A few…
Continue Reading
Robinhood is trying to go from PR nightmare to IPO. In this market, it might just work
It’s hard to imagine a more disastrous IPO rollout than the past few months for Robinhood. Regulators accused the app-only brokerage of…
Continue Reading
China is raising the alarm over corporate surveillance. But it’s got a massive network of its own
A popular annual consumer rights show in China has sparked a national debate about privacy and surveillance and sent companies scrambling to stay on…
Continue Reading
Asian stocks tumble following sell-off on Wall Street
Asian markets tumbled on Friday as investors appeared to be jolted by several issues, from the continued prospect of rising inflation to a volatile…
Continue Reading
Exclusive: UBS quietly bans advisers from pitching booming SPACs to clients
UBS, a major player in the blank-check boom captivating Wall Street, has quietly banned its financial advisers from pitching SPAC stocks to wealth…
Continue Reading
NFL signs more than $100 billion in media deals and gives Amazon exclusive games
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with TV networks valued at more…
Continue Reading
NFL gives Amazon exclusive Thursday Night Football games
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with various networks. The new deal…
Continue Reading
Treasury yields rise again, spooking the stock market
Wall Street stumbled on Thursday, with energy and tech stocks selling off, and the 10-year Treasury bond yield climbing to a new 13-month high. Just…
Continue Reading
Headlines lacking context exploited by anti-vaccine activists to wrongly suggest danger, study finds
News organizations are at risk of “creating false connections and misinformation” when they write headlines that suggest a link between…
Continue Reading
US-China talks could end up inflaming trade tensions
Senior officials from the United States and China are meeting in person on Thursday for the first time since US President Joe Biden took office. But…
Continue Reading
This quirky discount chain wants to open 180 new stores this year
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading
Some Idahoans to receive stimulus payments via debit card
Attorney General Lawrence Wasden is reminding Idahoans some may soon see their federal stimulus payments arriving in the mail in the form of debit…
Continue Reading
Peloton warns owners to keep kids away from their treadmills after a child dies
Peloton is warning owners to keep their children away from their treadmills after an accident involving its Tread+ in which a child died. CEO John…
Continue Reading
This discount store is targeting tweens and teens with cheap prices and novelty items
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading
Alexi McCammond will no longer join Teen Vogue as editor in chief
Alexi McCammond is out as editor-in-chief of Teen Vogue before she officially started the job, she and the magazine’s owner announced Thursday.…
Continue Reading
To save the planet, Tide wants you to quit using warm water for laundry
Doing your laundry with cold water can help save the planet, and maybe save you some money along the way. That’s the message from Tide in a…
Continue Reading
Toys ‘R’ Us is gone. This discount chain wants to fill the void
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading
Google doubles down on office space despite the rise in remote work
Google is the latest tech company to commit to more office space despite the ongoing pandemic and the rise of remote work. On Thursday, Google said…
Continue Reading
Seriously, stop sharing your vaccine cards on social media
When one of my editors recently shared a celebratory picture of his vaccine card on Instagram, I sent him a direct message: “Didn’t you…
Continue Reading
Richard Branson launches campaign to end the death penalty
Virgin Group founder Richard Branson is calling for a permanent end to capital punishment around the globe, and he wants more business leaders to get…
Continue Reading
Charmin unveiled its own NFTs, and one is going for more than $2,000
That didn’t take long. Non-Fungible tokens, or NFTs — digital artworks and collectibles that have been transformed into verifiable assets —…
Continue Reading
Air travel is finally higher than a year ago — but it’s still far below normal
The US airline industry hit a dubious milestone this week: For the first time since the pandemic began, air travel is up from a year ago.…
Continue Reading
Jobless claims are still higher than during the Great Recession a year after the pandemic started
A year after the pandemic shut down the US economy, America’s workers are still hurting. For the past 12 months, first-time claims for jobless…
Continue Reading
He left his show after attacking Meghan. What’s next for Piers Morgan?
Piers Morgan has always divided TV audiences, but he gained new notoriety this month after taking on the Duchess of Sussex. With two combative UK…
Continue Reading
Kanye West is reportedly worth $6.6 billion
Kanye West officially became a billionaire last year. Now, he’s a billionaire six times over. The 43-year-old rapper turned fashion and…
Continue Reading
Peloton instructors design a new Adidas clothing line
Peloton is teaming up with Adidas to launch its most expansive branded apparel line yet, aimed at its fervent fans that can’t get enough of the…
Continue Reading
Piers Morgan left his show after attacking Meghan. He could be back on TV soon
Piers Morgan has always divided TV audiences, but he gained new notoriety this month after taking on the Duchess of Sussex. With two combative UK…
Continue Reading
YouTube’s TikTok competitor hits the US
YouTube’s TikTok competitor has come to the United States. On Thursday, the company said it’s expanding the beta program for its…
Continue Reading
Fed expects rate hikes can hold off until at least next year
The Federal Reserve left interest rates near zero Wednesday and said it would continue to use all the tools in its arsenal to support the still…
Continue Reading