Biz/Tech Archives

Target drops Chaokoh coconut milk over allegations of monkey labor

January 26, 2021 8:51 AM CNN Newsource

Target is the latest major retailer to stop selling Chaokoh coconut milk following accusations that its manufacturer uses monkey labor. In a…

America’s billionaires have grown $1.1 trillion richer during the pandemic

January 26, 2021 8:24 AM CNN Newsource

Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires have collectively…

Biden to impose moratorium on new oil, gas leasing on federal lands

January 26, 2021 8:12 AM Jim Parker

WASHINGTON, DC — President Joe Biden this week will impose a moratorium on new oil and gas leasing on federal lands and waters, both the Washington…

Budweiser is skipping the Super Bowl for the first time in nearly four decades

January 26, 2021 7:35 AM CNN Newsource

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…

Pfizer and AstraZeneca take heat as vaccine delays threaten Europe’s recovery

January 26, 2021 6:50 AM CNN Newsource

The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…

New coronavirus variants pose major risk to the global economy

January 26, 2021 6:27 AM CNN Newsource

The pandemic could slam the brakes on a global economic turnaround this year despite mass vaccination programs and unprecedented levels of stimulus,…

Pizza Hut debuts a new Detroit-style pizza

January 26, 2021 5:43 AM CNN Newsource

Pizza Hut’s newest pizza doesn’t look like its other pizzas. The chain is launching a new Detroit-style pizza, which ditches the…

Apollo CEO Leon Black to step down following review of ties to Jeffrey Epstein

January 26, 2021 5:14 AM CNN Newsource

Leon Black will step down as CEO of Apollo Global Management, the investment firm said, as it also announced that an internal investigation into…

China is rehearsing for when it overtakes America

January 26, 2021 4:28 AM CNN

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…

The China trade war is one thing Joe Biden won’t be rushing to fix

January 25, 2021 10:05 PM CNN

US President Joe Biden is inheriting a tense and messy relationship with China from his predecessor. From a grueling trade war to a slew of sanctions…

The strange but true reason why GameStop’s stock keeps surging

January 25, 2021 8:46 PM CNN Newsource

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 —…

Kuaishou, TikTok’s rival in China, could be the biggest IPO since the pandemic began

January 25, 2021 8:18 PM CNN Newsource

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…

Borderland Girl Scouts to use drive-thrus, GrubHub app to sell cookies amid pandemic

January 25, 2021 7:36 PM Iris Lopez

EL PASO, Texas — Girl Scout cookie season has begun and if you thought a pandemic was going to cause cookies sales to crumble, you thought wrong.…

GameStop’s stock is going through some stuff. You can thank Reddit

January 25, 2021 5:56 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.…

California paid $11 billion in bogus jobless claims last year, investigating possible fraud involving $20 billion more

January 25, 2021 5:35 PM Associated Press

LOS ANGELES (AP) — California officials say hackers, identity thieves and overseas criminal rings stole an estimated $11.4 billion in unemployment…

Apple issues new warning: Keep your iPhone 6 inches away from your pacemaker

January 25, 2021 5:16 PM CNN Newsource

An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers.…

Janet Yellen is confirmed as the first female Treasury secretary in US history

January 25, 2021 4:26 PM CNN Newsource

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…

Apple now lets you take a ‘walk’ with Shawn Mendes and Dolly Parton

January 25, 2021 3:35 PM CNN Newsource

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…

Biden signs order aimed at strengthening U.S. manufacturing

January 25, 2021 6:51 AM CNN Newsource, ABC News

UPDATE: As he signed a “Made in America” executive order Monday afternoon, President Joe Biden delivered remarks on how he was fulfilling a long-time…

Twitter bets on crowdsourcing to help combat misinformation

January 25, 2021 2:24 PM CNN Newsource

Twitter on Monday launched Birdwatch, an experiment that relies on the social network’s users to provide context to tweets and to combat…

S&P 500 and Nasdaq hit record highs as volatility grips Wall Street

January 25, 2021 2:13 PM CNN Newsource

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…

China’s President Xi Jinping pushes global cooperation, saying ‘arrogant isolation will always fail’

January 25, 2021 1:26 PM CNN

Chinese President Xi Jinping has called for a return to multilateralism, with leaders working together to put the global economy back on track, in…

Apple issues new warning: Keep your iPhone six inches away from your pacemaker

January 25, 2021 1:17 PM CNN Newsource

An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers.…

Stimulus checks, unemployment and more: Here’s the aid that’s coming — and what might be coming soon

January 25, 2021 1:15 PM CNN Newsource

There’s lots of talk of all the federal assistance going to Americans and small businesses in need. But while some is already approved, not all…

AMC’s CEO believes his movie theaters will survive through 2021

January 25, 2021 1:02 PM CNN Newsource

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…

Dow Jones Industrial Average Fast Facts

January 25, 2021 12:38 PM CNN Newsource

Here’s a look at the Dow Jones Industrial Average. Facts The Dow Jones Industrial Average is a stock index comprised of 30…

Volatility hits Wall Street

January 25, 2021 12:04 PM CNN Newsource

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds:…

Volatility hits Wall Street as stocks tumble across the board

January 25, 2021 11:16 AM CNN Newsource

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…

WWE Network will now stream exclusively on NBCU’s Peacock

January 25, 2021 11:11 AM CNN Newsource

The WWE is coming to Peacock. NBCUniversal’s new streaming service will be the exclusive US home of WWE Network, the wrestling entertainment…

Black Americans helped make barbecue a cultural phenomenon. Charcoal company Kingsford is helping to preserve that legacy

January 25, 2021 11:09 AM CNN Newsource

Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American…