Biz/Tech Archives

Businesses can’t sever ties with Trump fast enough

January 13, 2021 6:01 PM CNN Newsource

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. In…

Netflix has doubled its Black workforce since 2017, but says it still needs to hire more Latinos

January 13, 2021 5:48 PM CNN Newsource

The number of Black people working at Netflix has doubled over the last three years, but the company admits it has work to do when it comes to adding…

At a subdued CES, computers provide excitement

January 13, 2021 5:20 PM CNN Newsource

In a most unusual time, CES was diminished this year, with lots of companies including Google and Amazon not having a substantial presence and…

Voice of America reassigns White House reporter who tried to ask Mike Pompeo a question

January 13, 2021 2:37 PM CNN Newsource

The Voice of America has effectively demoted a reporter who tried to ask questions of Secretary of State Mike Pompeo after he delivered a speech…

Intel ousts CEO and names successor

January 13, 2021 1:43 PM CNN Newsource

Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. The chipmaker recruited Gelsinger…

What to expect at Samsung’s Galaxy S21 smartphone launch

January 13, 2021 1:23 PM CNN

Samsung is set to update its Galaxy smartphone line about a month ahead of its typical launch schedule. The company, which typically updates new…

You can now take a 5G-powered virtual tour of The Met

January 13, 2021 12:33 PM CNN Newsource

Pandemic travel restrictions and shelter-in-place orders have made it difficult to access cultural experiences. But a virtual tour of the…

Trump-supporting billionaire Ken Langone: Republicans betrayed us

January 13, 2021 12:17 PM CNN

Billionaire Republican donor and Home Depot co-founder Ken Langone says he feels “betrayed” by the Republicans who attempted to overturn…

CES 2021 highlights: see-through TVs, a rollable smartphone and ice cream pods

January 13, 2021 11:58 AM CNN Newsource

We’re two days into this year’s virtual Consumer Electronics Show, and we’ve already seen big tech announcements from companies…

Volkswagen and Audi are starting to challenge Tesla

January 13, 2021 11:37 AM CNN Newsource

The world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to…

Dubai real estate developer wants to do more business with Trump

January 13, 2021 11:08 AM CNN Newsource

Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain…

Dollar General will pay its workers to get a Covid-19 vaccine

January 13, 2021 11:04 AM CNN Newsource

Dollar General wants its employees to get Covid-19 vaccines, so it’s offering to pay them to do it. The chain said Wednesday that it will give…

The big winners from Tesla stock surge: lithium miners and battery makers

January 13, 2021 10:59 AM CNN Newsource

The incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery…

New York City moves to end contracts with the Trump Organization

January 13, 2021 10:51 AM CNN Newsource

New York City is seeking to terminate its business relationships with the Trump Organization in response to last week’s attack on the US…

Circle K’s owners offer $20 billion for France’s biggest retailer

January 13, 2021 10:47 AM CNN Newsource

Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…

US to block cotton from Uighur region of China, citing forced labor of ethnic minorities targeted by Communist Party

January 13, 2021 10:35 AM Associated Press

WASHINGTON (AP) — The U.S. government says it will halt imports of cotton and tomatoes from the Uighur region of China in its most sweeping…

YouTube is suspending President Donald Trump’s channel

January 13, 2021 10:15 AM CNN Newsource

YouTube is suspending President Donald Trump’s channel for at least one week, and potentially longer, after his channel earned a strike under…

Life may get back to normal this year. But the economy probably won’t

January 13, 2021 9:59 AM CNN Newsource

It’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off: Americans aren’t…

Amazon is removing QAnon merchandise from its site

January 13, 2021 9:57 AM CNN Newsource

Amazon said it is banning QAnon merchandise from its marketplace in response to the extremist group’s role in attacking the US Capitol. The…

New York City terminates contracts with the Trump Organization

January 13, 2021 7:28 AM CNN

New York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the…

Pinduoduo under fire as China turns on its tech titans

January 13, 2021 6:55 AM CNN Newsource

One of China’s most prominent e-commerce companies is facing intense public backlash over allegations that it overworks its employees.…

New York City to terminate business contracts with Trump after U.S. Capitol insurrection

January 13, 2021 6:31 AM Associated Press

NEW YORK, NY — Mayor Bill de Blasio says New York City will terminate business contracts with President Donald Trump after last week’s…

Investors bet on a rapid vaccine rollout. That’s now at risk

January 13, 2021 6:11 AM CNN

Faith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early…

The tech industry used ‘the nuclear option’ to crack down on violent groups organizing online

January 13, 2021 6:10 AM CNN

Twitter’s decision to ban President Donald Trump from its platform on Friday sent shock waves through the political and tech worlds. But a…

Las Vegas, the hardest-hit metro economy in America, just suffered another blow

January 13, 2021 5:39 AM CNN Newsource

In the run-up to the Consumer Electronics Show last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las…

It’s easy for big business to dump the GOP now. Tax hikes will be the real test

January 13, 2021 5:26 AM CNN

The insurrection at the US Capitol has sparked a reckoning in the business world. Bank of America, Coca-Cola, Facebook, Microsoft and other companies…