Gun sales in January set a new record after Capitol Hill insurrection
The Capitol Hill insurrection and the inauguration of a Democratic president who campaigned on strengthening gun control measures helped the firearms…
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History shows the GameStop saga won’t end well
The recent battle between short-sellers and Reddit’s WallStreetBets crowd over the stocks of a handful of distressed companies has erupted into…
Continue Reading Robinhood is buying a Super Bowl ad after its GameStop fiasco
Robinhood, the stock trading app that helped fuel GameStop mania and ended up in a PR crisis, is running a Super Bowl ad. The 30-second spot, which…
Continue Reading Peeps will be back for Easter after a 9-month hiatus
After a pandemic break, Peeps are back in production for Easter. Candy maker Just Born Quality Confections announced Wednesday that the sugary treats…
Continue Reading Newsmax anchor storms off set when MyPillow CEO voices election conspiracies
Newsmax anchor Bob Sellers repeatedly tried to cut off MyPillow CEO Mike Lindell in an interview Tuesday after the Trump-supporting executive spread…
Continue Reading These cities want to give grocery store workers hazard pay
Large grocery chains stopped giving their workers hazard pay for showing up to the job last year. Now, some cities on the West Coast are starting to…
Continue Reading Jeff Bezos has been halfway out the door at Amazon for a while
“Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call…
Continue Reading Jeff Bezos has been halfway out the door for a while
“Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call…
Continue Reading She was stunned by Biden’s inauguration. How this South Carolina mom escaped QAnon
Ashley Vanderbilt says her four-year-old daughter Emmerson knew “something was wrong with her mom.” “I wasn’t one hundred…
Continue Reading What makes Ford’s new F-150 Raptor pickup truck special isn’t under the hood
Ford revealed a redesigned version of its F-150 Raptor high-performance pickup truck Wednesday with a more squared-edged looks and a wider…
Continue Reading Elon Musk admits Tesla has quality problems
Critics have slammed Tesla for Model 3 quality issues for years. And now CEO Elon Musk is admitting even his harshest critic was right. In early 2018…
Continue Reading America’s inequality problem isn’t new. The pandemic is just emphasizing it
The pandemic is shining a spotlight on America’s inequality problem, but the nation’s economic playing field was far from level long…
Continue Reading There are no Black execs at the top of Britain’s biggest companies
The number of Black executives at the very top of the biggest companies on the London Stock Exchange has fallen to zero. There are no Black CEOs,…
Continue Reading China’s big tech companies are now fighting with each other
As China sharpens its antitrust crackdown on the country’s massive tech companies, two of the industry’s biggest players are taking the…
Continue Reading Wall Street is keeping very close tabs on WallStreetBets. Here’s how
Hedge funds, investment bankers and other institutional investors are desperate to find the next GameStop — before it’s too late.…
Continue Reading Tech stocks set to rally as GameStop fever dies down
U.S. stocks started the day mixed on Wednesday. Investors have moved on from GameStop (GME) mania to focus on tech earnings and the big news…
Continue Reading FAA to oversee investigation of SpaceX Mars rocket prototype’s explosive landing in Texas
BOCA CHICA, Texas — The Federal Aviation Administration said it will oversee an investigation into a crash landing of a SpaceX prototype rocket…
Continue Reading How Amazon can keep thriving even without Jeff Bezos
Jeff Bezos is stepping down as CEO of Amazon, but investors aren’t too worried about the company’s next steps. What’s happening:…
Continue Reading ‘We are lost:’ Fox News suffers ratings slump while staffers fret about post-Trump future
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “We are…
Continue Reading GameStop stock is plummeting but the Reddit rebellion is just beginning
No matter what happens next to shares of GameStop and AMC or the price of silver, average Joes and Janes are now an undeniable force to be reckoned…
Continue Reading Kia stock soars on talk of Apple car deal
Kia Motors’ stock just had its best day in more than two decades after news media in South Korea reported that it was closing in on a major…
Continue Reading Kia stock soars after talk of a production deal with Apple
Kia Motors’ stock just had its best day in more than two decades after news media in South Korea reported that it was closing in on a major…
Continue Reading A surprise announcement in Amazon’s blockbuster earnings
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 Amazon gets court to block $3.3 billion retail deal involving India’s richest man
Amazon has been handed a major legal victory in its fight to block a multibillion-dollar deal between two of India’s biggest retailers. A court…
Continue Reading Read Jeff Bezos’s letter to Amazon employees
Amazon’s founder Jeff Bezos is stepping down later this year as CEO. He sent the following email announcing the transition to Amazon employees…
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Virgin Galactic sets southern New Mexico flight test date
TRUTH OR CONSEQUENCES, New Mexico — Virgin Galactic has set the date for a rocket-powered test flight this month in southern New Mexico following…
Continue Reading Google’s cloud business is losing money
Google is providing a deeper look into the financials of its cloud business, and it doesn’t look great. Google Cloud posted an operating loss…
Continue Reading Apple tests new way to unlock an iPhone without removing a face mask
Some iPhone users will soon be able to unlock their smartphones without needing to remove their face masks in public. There’s just one catch:…
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El Paso Water to begin disconnecting delinquent accounts, but pledges to work with those who owe
EL PASO, Texas – El Paso Water will resume its normal billing and collection processes in February, while also continuing to offer payment plans…
Continue Reading Astra, rocket startup that has yet to conduct a successful launch, is going public
Astra, a US-based rocket startup aiming to build cheap rockets to haul satellites to space, announced Tuesday that it’s going public via a…
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