Fed warns of a slowing recovery, leaves rates unchanged
The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its “full range of tools” to support the US…
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No, Joe Biden didn’t just ban fracking
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 co-founders want to make it easier to sue cops who abuse their authority
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 How well is Apple’s first 5G iPhone really selling? Investors will find out Wednesday
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 Facing back-to-back crises, Boeing posts a record loss
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 wants to make it easier to sue cops who abuse their authority
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 Jerome Powell and Janet Yellen aren’t worried about inflation. Maybe they should be
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’s latest strategy to get your stuff to you faster
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 is laying off employees in India as ban becomes permanent
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 You should update your iPhone right now
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 EU and AstraZeneca fight over vaccine delays while death toll mounts
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 Walgreens taps Starbucks executive Rosalind Brewer to be its CEO
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 Tech earnings could supercharge a greedy stock market
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 No, Joe Biden still isn’t banning fracking
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 EU vaccine delivery dates weren’t guaranteed, says AstraZeneca CEO
AstraZeneca is pushing back strongly against criticism from EU officials over delayed deliveries of its Covid-19 vaccine. In an interview with…
Continue Reading Microsoft patented a chatbot that would let you talk to dead people. It was too disturbing for production
The internet is buzzing over a new technology created by Microsoft developers that could make it possible to have a virtual conversation with a…
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TikTok is laying off employees in India as the country doubles down on its ban
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 slashes CEO pay by $10 million over massive scandal
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 posts record revenue as pandemic continues to fuel sales
Microsoft exceeded Wall Street analysts’ expectations for quarterly revenue by nearly $3 billion and hit a three-month sales record, it…
Continue Reading SpaceX, Amazon spat pits world’s richest men against each other over space real estate
SpaceX and Amazon — companies run by the two richest men in the world — are sparring over their competing satellite-based internet businesses,…
Continue Reading Pepsi bets on plant-based snacks with Beyond Meat
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 beats revenue expectations as pandemic continues to fuel sales
Microsoft exceeded Wall Street analysts’ expectations for quarterly revenue by nearly $3 billion, it reported Tuesday. The results signal that…
Continue Reading Biden announces purchase of 200M vaccine doses
President Joe Biden announced a series of measures on Tuesday aimed at ramping up coronavirus vaccine allocation and distribution, including the…
Continue Reading Pepsi and Beyond Meat are teaming up on plant-based snacks
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 suspends two top execs after LA Times report alleging racism and misogyny
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 Airbnb was ensnared in the Capitol Riot fallout. It somehow still came out on top
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 board silences its CEO after he tells Fox News the election was rigged
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 East Coast hit with massive internet outage, disrupting remote work and virtual school
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 Verizon Fios customers report outages across the East Coast
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 The stock market is at peak dumb: Etsy soars because Elon Musk tweets about it
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 MyPillow CEO Mike Lindell has been banned from Twitter
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 launches line of CBD-infused dog treats
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 competitors are merging
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 What the Biden administration means for the future of Silicon Valley
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 Pizza buffet chain Cici’s files for bankruptcy
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 Europe threatens to restrict vaccine exports after AstraZeneca and Pfizer hit production problems
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue Reading Stelter: Fox News is more anti-Democrat than pro-Trump
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 GameStop saga is captivating Wall Street — for good reason
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 Washington Post editor Marty Baron announces his retirement
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 Evictions, unemployment and hunger: The American economy Joe Biden inherits
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 drops Chaokoh coconut milk over allegations of monkey labor
Target is the latest major retailer to stop selling Chaokoh coconut milk following accusations that its manufacturer uses monkey labor. In a…
Continue Reading America’s billionaires have grown $1.1 trillion richer during the pandemic
Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires have collectively…
Continue Reading Pfizer and AstraZeneca take heat as vaccine delays threaten Europe’s recovery
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue Reading New coronavirus variants pose major risk to the global economy
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 debuts a new Detroit-style pizza
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 Apollo CEO Leon Black to step down following review of ties to Jeffrey Epstein
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 is rehearsing for when it overtakes America
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 The strange but true reason why GameStop’s stock keeps surging
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 Kuaishou, TikTok’s rival in China, could be the biggest IPO since the pandemic began
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 GameStop’s stock is going through some stuff. You can thank Reddit
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 Apple issues new warning: Keep your iPhone 6 inches away from your pacemaker
An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers.…
Continue Reading Janet Yellen is confirmed as the first female Treasury secretary in US history
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 Apple now lets you take a ‘walk’ with Shawn Mendes and Dolly Parton
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 bets on crowdsourcing to help combat misinformation
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 S&P 500 and Nasdaq hit record highs as volatility grips Wall Street
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 China’s President Xi Jinping pushes global cooperation, saying ‘arrogant isolation will always fail’
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 AMC’s CEO believes his movie theaters will survive through 2021
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 Apple issues new warning: Keep your iPhone six inches away from your pacemaker
An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers.…
Continue Reading Volatility hits Wall Street
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 Volatility hits Wall Street as stocks tumble across the board
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 WWE Network will now stream exclusively on NBCU’s Peacock
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 Black Americans helped make barbecue a cultural phenomenon. Charcoal company Kingsford is helping to preserve that legacy
Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American…
Continue Reading History made: Renewable energy surpassed fossil fuels for European electricity in 2020
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 How Colbert, Kimmel and Fallon plan to adapt to life after Trump
Late-night TV has always featured politics. Johnny Carson spent decades lampooning leaders of both parties on “The Tonight Show,” and…
Continue Reading SpaceX launches 143 satellites on one rocket in record-setting mission
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 was one of pop culture’s favorite newsmen
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 CEOs stepped up during the Trump era. They’re not off the hook
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: An appreciation of his legacy from CNN president Jeff Zucker and founder Ted Turner
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 COVID-19 vaccination sites
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) here
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 is skipping the Super Bowl for the first time in nearly four decades
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 giving up on the United States and betting big on China, report says
Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the…
Continue Reading Is the stock market in a bubble? The debate is heating up
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 The megarich have already recovered from the pandemic. It may take the poor a decade to do so
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 Godiva is closing or selling all of its stores in the United States
Luxury chocolatier Godiva is getting out of the brick and mortar business. The company is closing or selling all 128 of its brick-and-mortar stores…
Continue Reading Jim Acosta: I’ve never seen Trump this alone
Donald Trump spent his last moments as President sad and alone, according to Jim Acosta, who led CNN’s coverage of Trump during his presidency.…
Continue Reading Members are quitting ‘sad’ Mar-a-Lago after Trump loses
Many once-loyal members of Mar-a-Lago are leaving because they no longer want to have any connection to former President Donald Trump, according to…
Continue Reading Fauci and Birx tell interviewers about the ‘nonsense’ of the Trump years
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. When Congressman…
Continue Reading The megarich have already recovered from the pandemic. It may take the poor a decade to so do
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 Ex-GOP strategist: Rupert Murdoch is the most dangerous immigrant in America
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 How late-night TV plans to adapt to life after Trump
Late-night TV has always featured politics. Johnny Carson spent decades lampooning leaders of both parties on “The Tonight Show,” and…
Continue Reading Spending more on DoorDash and UberEats? This fee may be why
Late last year, some DoorDash customers started getting hit with a puzzling new fee on their order total just before checkout. The extra roughly $1…
Continue Reading Got a package you didn’t order? It could be a scam
Most people who buy things online just have to worry about their deliveries being delayed or never arriving. But some people are dealing with a…
Continue Reading Larry King was the everyman’s interviewer
Larry King often came across as the guy who sat next to somebody on an airplane and started up a conversation by asking: “So what do you…
Continue Reading Larry King: An appreciation of his legacy from CNN president Jeff Zucker
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 Amazon is pushing for a milestone union vote to take place in person despite the pandemic
Amazon is once again asking the National Labor Relations Board to direct thousands of the company’s warehouse workers at an Alabama facility to…
Continue Reading Incoming CEO wants Intel to again be the ‘unquestioned leader’ in industry
Intel investors and analysts got their first glimpse at incoming CEO Pat Gelsinger’s vision for the company during its earnings call on…
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NBC Sports Network to shut down by the end of the year
NBC Sports Network is shutting down at the end of this year, the company said on Friday. The cable network will cease operation and USA Network will…
Continue Reading Exclusive: Trump advisor calls on Congress to approve Biden’s rescue plan
Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the…
Continue Reading Tom Brokaw retiring from NBC News after 55 years with the network
Tom Brokaw is formally retiring from NBC News after an extraordinary 55 years with the network. Brokaw, 80, is best known for anchoring the…
Continue Reading Ford will recall 3 million vehicles for airbag problems, after losing fight with safety regulator
Ford is recalling 3 million US and Canadian vehicles with airbags manufactured by the same company whose devices have been linked to at least 18…
Continue Reading Volkswagen made $12 billion in 2020 despite the pandemic
Volkswagen is walking away from 2020 with a profit of more than $12 billion despite the coronavirus pandemic that torpedoed car sales and snarled…
Continue Reading Wall Street can relax, moderates have the mandate
Stocks have surged since Election Day and are near record highs. Wall Street is clearly a fan of President Joe Biden’s new administration…
Continue Reading Netflix, Disney+ and other streaming sites offer more diverse shows than cable, study finds
Americans want more diversity on TV, and they’re increasingly finding more of it on streaming platforms such as Netflix and Disney+ than on…
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Walmart will expand COVID-19 vaccinations to more states
Walmart is rolling out the COVID-19 vaccine in more states as the Biden administration tries to accelerate distribution. The company has been…
Continue Reading Local reporters are a lifeline helping readers find the vaccine
A Tallahassee man in his nineties begs for his 70-year-old caretaker to be bumped up in the vaccination queue. A woman over 75 in Raleigh asks what…
Continue Reading Alphabet is shutting down Loon, its ambitious internet balloon venture
A futuristic project by Google’s parent company Alphabet to provide internet from high flying balloons has burst. Loon, the Alphabet subsidiary…
Continue Reading Apple CEO Tim Cook once gave President Trump a $5,999 Mac Pro
In a new financial document released just hours after he left the White House, former President Donald Trump disclosed Apple CEO Tim Cook once gave…
Continue Reading ‘No Time to Die,’ the new James Bond film, is delayed once again
“No Time to Die,” the latest film in the James Bond series and one of the most anticipated movies of 2021, has been delayed again. The…
Continue Reading Two tech stalwarts fail to impress Wall Street
Tech companies have been an investor favorite during the pandemic. But Wall Street is keeping its distance from two industry stalwarts after their…
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