What if China no longer needs Hollywood? That’s bad news for the film industry
America has been the king of the box office for, well, forever. Not anymore. In 2020, China overtook the United States to become the top movie market…
Continue Reading
America has been the king of the box office for, well, forever. Not anymore. In 2020, China overtook the United States to become the top movie market…
Continue Reading
McDonald’s US sales popped in the fourth quarter as guests spent more per order, but international sales took a hit from lockdowns related to…
Continue Reading
From Wall Street to the White House, everyone is watching GameStop shares. What’s happening: Stock in the left-for-dead video game retailer…
Continue Reading
The US economy grew at an annualized and seasonally adjusted rate of 4% in the fourth quarter of 2020, just as economists had predicted, the Commerce…
Continue Reading
America’s unemployment crisis is now President Joe Biden’s problem, and jobless claims in his (partial) first week as president show how…
Continue Reading
The Reddit message board that’s breaking the internet by sending Wall Street into a frenzy was briefly taken private by its moderators on…
Continue Reading
GameStop traders sent the stock on a wild ride Thursday. The stock was up about 13% Thursday morning after tumbling about 15% earlier. Sending it on…
Continue Reading
The European Union has been locked in a very public and acrimonious fight with AstraZeneca over vaccine delays. The temperature may have cooled…
Continue Reading
So much for what goes up must come down. GameStop continued to defy gravity Thursday. Shares soared another 30% in premarket trading thanks to…
Continue Reading
Chipotle is testing curbside pickup at 29 locations in California to give customers a way to get their tacos and burritos without having to go inside…
Continue Reading
Toyota is back on top. The Japanese company has reclaimed its place as the world’s best-selling automaker, with its latest results showing an…
Continue Reading
Netflix has just claimed its biggest hit ever with “Bridgerton,” a drama set in Britain in the early 1800s. Some 82 million households…
Continue Reading
Economists are grading on a curve. That’s not a good thing if you’re former President Donald Trump. US gross domestic product, the…
Continue Reading
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Mark Zuckerberg built…
Continue Reading
Amateur investors continued a frenzied runup of GameStop for the fourth session in a row, with the stock ending Tuesday up more than 92%, or about…
Continue Reading
The GameStop frenzy on Wall Street has investors, and much of the internet, enraptured — not unlike a good horror movie. Everyone knows doom is…
Continue Reading
Tesla capped its breakout year with a record profit that still fell short of analysts forecasts, sending its shares lower in after-hours trading. The…
Continue Reading
Facebook’s business continues to fire on all cylinders even as the company faces growing scrutiny from regulators over its acquisitions and…
Continue Reading
Analysts have talked for at least a year about the potential for Apple’s first 5G iPhone to drive a “supercycle” of device sales.…
Continue Reading
Analysts have talked for at least a year about the potential for Apple’s first 5G iPhone to drive a “supercycle” of device sales.…
Continue Reading
At the core of Donald Trump’s angry populist appeal was — and is — this sentiment: The elites think they know better than you. They…
Continue Reading
Facebook’s business continues to fire on all cylinders even as the company faces growing scrutiny from regulators over its acquisitions and…
Continue Reading
Welcome to the Reddit market. A group on Reddit’s Wall Street Bets board have been promoting a number of stocks, hoping to squeeze short…
Continue Reading
The Federal Reserve left interest rates unchanged Wednesday and assured investors that there are no near-term plans to raise them. Interest rates are…
Continue Reading
The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its “full range of tools” to support the US…
Continue Reading
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue Reading
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
Continue Reading
Analysts have talked for at least a year about the potential for Apple’s first 5G iPhone to drive a “supercycle” of device sales.…
Continue Reading
Boeing closed the books on its worst year ever, posting record losses and plunging sales on the backs of combined crises: the Covid-19 pandemic and…
Continue Reading
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
Continue Reading
Federal Reserve chair Jerome Powell and his predecessor Janet Yellen, now the first woman to serve as Treasury secretary, are both known for their…
Continue Reading
Walmart plans to build automated mini-warehouses in dozens of its stores to speed up customers’ online delivery and curbside pickup orders in a…
Continue Reading
TikTok has been forced to lay off some of its workers in India as the country doubles down on what was already a monthslong ban on the app in the…
Continue Reading
Apple is urging iPhone and iPad users to promptly update their operating systems to fix security bugs that may have already been exploited by…
Continue Reading
A war of words between the European Union and AstraZeneca escalated on Wednesday as the two sides argued in public over coronavirus vaccine delays…
Continue Reading
Rosalind Brewer will be the next CEO of Walgreens — making her the only Black woman currently slated to take the helm of a Fortune 500 company.…
Continue Reading
Earnings from some of the biggest US technology companies could push the market to new highs as talk of a stock bubble continues to ripple through…
Continue Reading
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue Reading
AstraZeneca is pushing back strongly against criticism from EU officials over delayed deliveries of its Covid-19 vaccine. In an interview with…
Continue Reading
The internet is buzzing over a new technology created by Microsoft developers that could make it possible to have a virtual conversation with a…
Continue Reading
TikTok has been forced to lay off some of its workers in India as the country doubles down on what was already a monthslong ban on the app in the…
Continue Reading
Goldman Sachs cut chief executive David Solomon’s annual compensation by $10 million, or 36%, following a penalty deduction that resulted from…
Continue Reading
Microsoft exceeded Wall Street analysts’ expectations for quarterly revenue by nearly $3 billion and hit a three-month sales record, it…
Continue Reading
SpaceX and Amazon — companies run by the two richest men in the world — are sparring over their competing satellite-based internet businesses,…
Continue Reading
Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains…
Continue Reading
Microsoft exceeded Wall Street analysts’ expectations for quarterly revenue by nearly $3 billion, it reported Tuesday. The results signal that…
Continue Reading
President Joe Biden announced a series of measures on Tuesday aimed at ramping up coronavirus vaccine allocation and distribution, including the…
Continue Reading
Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains…
Continue Reading
CBS has suspended two of its top TV executives following a Los Angeles Times investigation that alleged they cultivated a toxic work culture…
Continue Reading
Brian Chesky had some air mattresses, but not much more, in 2008 when the presidential election triggered an idea for his then-fledgling startup,…
Continue Reading
Goya’s board of directors had enough of CEO Robert Unanue’s public comments in support of former President Donald Trump and his unfounded…
Continue Reading
Many people living on America’s East Coast were without Internet for part of Tuesday because of Verizon Fios service issues. Tens of thousands…
Continue Reading
Many people living on America’s East Coast were without Internet for part of Tuesday because of Verizon Fios service issues. Tens of thousands…
Continue Reading
Tesla CEO Elon Musk is the richest person on the planet, but he’s apparently still happy to shop on handmade craft site Etsy. And in a sign of…
Continue Reading
Mike Lindell, the CEO of MyPillow, was banned from Twitter Monday night, according to a Twitter spokesperson. Twitter made its decision based on a…
Continue Reading
Martha Stewart wants to help pet owners turn dog days into dog daze. The lifestyle guru is bringing a new line of CBD dog treats to the market.…
Continue Reading
Two of TikTok’s rivals in the United States are joining forces at a time when TikTok itself now appears to be here to stay. On Tuesday, Clash…
Continue Reading
The biggest tech companies spent much of the last four years in Washington playing defense: Answering to threats of regulation and repeatedly being…
Continue Reading
Cici’s, a restaurant chain best known for its pizza buffets, has filed for bankruptcy. In a court filing late Monday, Cici’s blamed its…
Continue Reading
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue Reading
If you thought Fox News would dial down the highly charged rhetoric after Donald Trump left office, you’d be mistaken. It is not slowing down…
Continue Reading
The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look…
Continue Reading
Marty Baron, the editor who transformed the Washington Post into an international powerhouse and led the news organization to win 10 Pulitzer Prizes,…
Continue Reading
Michelle Bennett is trying to keep life inside her Waldorf, Maryland, home as normal as possible during Covid-19. Three of her four daughters are…
Continue Reading
Target is the latest major retailer to stop selling Chaokoh coconut milk following accusations that its manufacturer uses monkey labor. In a…
Continue Reading
Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires have collectively…
Continue Reading
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue Reading
The pandemic could slam the brakes on a global economic turnaround this year despite mass vaccination programs and unprecedented levels of stimulus,…
Continue Reading
Pizza Hut’s newest pizza doesn’t look like its other pizzas. The chain is launching a new Detroit-style pizza, which ditches the…
Continue Reading
Leon Black will step down as CEO of Apollo Global Management, the investment firm said, as it also announced that an internal investigation into…
Continue Reading
China wants to lead the global recovery from the pandemic and become more influential on the world stage than ever before. It might just have the…
Continue Reading
GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores — or even shop online —…
Continue Reading
A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial…
Continue Reading
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
An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers.…
Continue Reading
Lawmakers confirmed Janet Yellen as Treasury secretary on Monday, making her the first woman in American history to hold the position. As head of the…
Continue Reading
It’s 27 degrees where I live just north of New York City, but I’m taking a walk up a mountain with pop star Shawn Mendes in Griffith Park…
Continue Reading
Twitter on Monday launched Birdwatch, an experiment that relies on the social network’s users to provide context to tweets and to combat…
Continue Reading
It was a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds: President…
Continue Reading
Chinese President Xi Jinping has called for a return to multilateralism, with leaders working together to put the global economy back on track, in…
Continue Reading
Adam Aron is in a surprisingly good mood for a CEO of a struggling theater chain that recently said it might not make it through the winter. But the…
Continue Reading
An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers.…
Continue Reading
It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds:…
Continue Reading
It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning. Investors have a lot on their minds: President Joe Biden’s…
Continue Reading
The WWE is coming to Peacock. NBCUniversal’s new streaming service will be the exclusive US home of WWE Network, the wrestling entertainment…
Continue Reading
Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American…
Continue Reading
Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from…
Continue Reading
Late-night TV has always featured politics. Johnny Carson spent decades lampooning leaders of both parties on “The Tonight Show,” and…
Continue Reading
A SpaceX Falcon 9 rocket carried 143 satellites into orbit on a jam-packed rideshare mission Sunday, setting a new world record for the most…
Continue Reading
Larry King’s death on Saturday was a significant loss for the media world. The longtime CNN host was an industry icon right down to his…
Continue Reading
During the Trump era, many business leaders came to an uncomfortable conclusion: They could no longer afford to stay in their lanes, speaking out…
Continue Reading
Larry King, who died Saturday at the age of 87, “had a history-making career spanning radio and television,” CNN president Jeff Zucker…
Continue Reading
Google Maps will soon display locations that offer COVID-19 vaccinations, further bolstering awareness of the virus — and how to avoid it. The…
Continue Reading
Coke with Coffee is finally launching Monday in the United States after being available for years internationally. The product is made with Brazilian…
Continue Reading
Budweiser’s Clydesdale horses have become synonymous with the Super Bowl. But this year, they’re getting a rest: For the first time in 37…
Continue Reading
Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the…
Continue Reading
As stocks hit record highs, Wall Street banks are getting more and more inquiries about whether the boom, which has some parallels to the dot-com…
Continue Reading
Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More…
Continue Reading