Alibaba fires employee accused of sexual assault as pressure mounts on Chinese tech
By Laura He, CNN Business A sexual assault scandal has rocked Alibaba and led to departures at the Chinese e-commerce giant. The company on Monday…
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Samsung’s jailed leader Lee Jae-yong to be released on parole
By Yoonjung Seo, CNN Business Samsung’s vice chairman — and de facto leader — Lee Jae-yong is to be released on parole this week, South…
Continue Reading ‘Good Morning America’ weekend anchor Dan Harris is leaving after 21 years
By Alexis Benveniste, CNN Business “Good Morning America” weekend anchor Dan Harris is leaving ABC News. “This is very hard for…
Continue Reading Starting this month, you can shop at Sephora in some Kohl’s stores
By Alexis Benveniste, CNN Business Kohl’s and Sephora are teaming up to go beyond the shopping mall and bring more makeup to customers. The…
Continue Reading Why Silicon Valley is betting on making this dystopian sci-fi idea a reality
By Clare Duffy, CNN Business Facebook has many pressing problems, from proposed antitrust legislation to accusations that the company is contributing…
Continue Reading Physicians want the media to change the way Covid is being covered
By Alexis Benveniste, CNN Business Media coverage of Covid-19 is constantly shifting and adapting as the Delta variant continues to spread around the…
Continue Reading Malls are back. But for how long?
By Chris Isidore, CNN Business Few retail sectors were hit harder than malls during the height of the pandemic. But things bounced back far quicker…
Continue Reading ‘The Suicide Squad’ underperformed at the box office. Here’s why
By Frank Pallotta, CNN Business “The Suicide Squad,” a new, R-rated superhero film from Warner Bros., opened to an estimated $26.5…
Continue Reading The risky loophole Chinese companies have been using for years
By Charles Riley, CNN Business When investors purchase a stock, what they’re doing is buying a percentage of the company. Right? Wrong! At…
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Senate advances $1T infrastructure bill, but GOP hits brakes
By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — The Senate has moved closer to passing a $1 trillion infrastructure package after…
Continue Reading Californians hit hard hard with weekend of wildfire fears
By DAISY NGUYEN and NOAH BERGER Associated Press GREENVILLE, Calif. (AP) — Fueled by strong winds and bone-dry vegetation, California’s Dixie…
Continue Reading Colorado mudslides wreak havoc on major transportation route
By THOMAS PEIPERT Associated Press DENVER (AP) — Mudslides that ripped through western Colorado last month marked the latest in a string of…
Continue Reading Ikea loyal customers can now win a candle that smells like its famous meatballs
By Nathaniel Meyersohn, CNN Business Ikea is famous for the Swedish meatballs served at its stores’ cafeterias. Now, it’s turning those…
Continue Reading Berkshire Hathaway posts 7% gain in 2Q profit
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Warren Buffett’s Berkshire Hathaway company reported a 7% gain in profit for the…
Continue Reading These top US chains are reinstating their mask requirements
By Nathaniel Meyersohn, CNN Business Top US retail and food chains have updated their mask policies since the US Centers for Disease Control and…
Continue Reading Senate clears 60-vote threshold to advance $1T infrastructure bill
WASHINGTON, DC — The U.S. Senate has moved closer to passing a $1 trillion infrastructure package after lawmakers from both parties came…
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Get school supplies, clothes sales tax-free during Texas holiday
AUSTIN, Texas — Texas’ sales tax-free holiday weekend is upon us once again, so you’ll want to know what qualifies and how that can impact your…
Continue Reading Once-gloomy scientist says future UK lockdowns unlikely
By DANICA KIRKA Associated Press LONDON (AP) — A British scientist who gained prominence for issuing dire warnings about the spread of COVID-19…
Continue Reading Warm waters further threaten depleted Maine shrimp fishery
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — Maine’s long-shuttered shrimp fishing business has a chance to reopen in the coming…
Continue Reading EXPLAINER: Olympic photos from far above — and underwater
By The Associated Press TOKYO (AP) — The amazing shots from way above Olympians and from underwater in the pool aren’t easy to get. They…
Continue Reading Target will cover 100% of college tuition for its workers
By Alaa Elassar, CNN Target has announced that it will begin paying the college tuition and textbook expenses for its US-based part-time and…
Continue Reading Amid lawsuit, China’s Tencent to review kids’ use of WeChat
BEIJING (AP) — China’s biggest gaming company, Tencent, says it will review whether it adequately limits children’s access to live streaming…
Continue Reading Senate Dems rallying behind Biden’s $3.5T budget vision
By ALAN FRAM Associated Press WASHINGTON (AP) — Senate Democrats from across the party’s political spectrum seem near the unanimity they’ll…
Continue Reading China’s July exports, imports rise, but growth slows
By JOE McDONALD AP Business Writer BEIJING (AP) — China’s trade rose by double digits in July but growth slowed, as global efforts to control the…
Continue Reading Nasdaq’s plan to boost diversity on corporate boards gets SEC approval
By Jazmin Goodwin, CNN Business The Securities and Exchange Commission approved Nasdaq’s proposal to increase diversity on the boards of…
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Attorney disqualified in New Mexico utility merger case
By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — An attorney representing an international energy company involved in a utility…
Continue Reading Amazon reinstates mask requirement for all US warehouse workers
Amazon is delaying its return to office until 2022. CNN’s Matt Egan reports on businesses pushing back their returns because of surging Covid-19…
Continue Reading Amazon reinstates mask requirement for all US warehouse workers
By Brian Fung, CNN Business All of Amazon’s US warehouse employees will once again be required to wear masks indoors beginning on Monday,…
Continue Reading Norwegian cruises challenges Florida passenger vaccine law
By CURT ANDERSON AP Legal Affairs Writer ST. PETERSBURG, Fla. (AP) — Norwegian Cruise Line is asking a federal judge to block a Florida law…
Continue Reading White House touts economic recovery as U.S. adds 943,000 jobs
WASHINGTON, DC — President Joe Biden on Friday touted the country’s economic recovery from the coronavirus pandemic after the U.S.…
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