Proof Big Tech is way too big: It’s a quarter of your portfolio
Thousands of stocks trade on Wall Street every day. But let’s be honest: Just a half dozen companies really, truly matter for many investors.…
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More financial assistance is now available for small businesses in El Paso
EL PASO, Texas (KVIA) — More financial assistance is now available to small businesses and non-profits in El Paso County. The county has made $10…
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The ‘blue wave’ may have arrived after all
After the elections in November, Wall Street put predictions of a “blue wave” aside. Now, investors are once again reckoning with the…
Continue Reading China sentences former top finance executive to death for bribery
A Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It’s a…
Continue Reading Tesla short sellers lost $40 billion in 2020. Elon Musk made more than triple that
It’s hard to imagine anyone has had a better year than Elon Musk did in 2020. His personal net worth soared like one of his SpaceX rockets,…
Continue Reading Trump signs new order that would ban transactions with some Chinese apps
President Donald Trump is continuing to pile the pressure on Chinese tech companies in the closing days of his administration. Trump on Tuesday…
Continue Reading Apple proxy statement includes section about antitrust risk for the first time
Antitrust scrutiny of Apple and other big tech giants ratcheted up over the past year. And for the first time, Apple has noted in its annual proxy…
Continue Reading Bill Gross says growth stocks, SPACs and the ‘Teslas of 2020’ may struggle in 2021
Bill Gross started off his investment outlook for 2021, titled “A Little Bit Softer Now,” on an unusual note, discussing a legal spat…
Continue Reading Shake Shack brings Korean Fried Chicken to fast-food’s chicken sandwich wars
Shake Shack is kicking off 2021 by introducing a new contender to the fast food industry’s already-crowded chicken sandwich wars. The burger…
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Some TurboTax and H&R Block customers are waiting for their delayed $600 virus stimulus check
WASHINGTON, DC — A number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were…
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U.S. gov’t blames Russia for hack of agencies; says it appears to be an ‘intelligence gathering’ effort
WASHINGTON, DC — Top national security agencies are confirming in a rare joint statement that Russia was likely responsible for a massive hack of…
Continue Reading Oil soars near $50 after OPEC and Russia agree to roll over production cuts
A group of major oil producers have agreed to keep production broadly steady in February and March as the pandemic forces some economies back into…
Continue Reading Pizza Hut rolls out a new stuffed crust — minus the pizza
Pizza Hut is doubling down on one of its classic innovations as the pandemic-era pizza wars rage. In a nod to the 25th anniversary of stuffed…
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Analysis: Trump and his base rally around conspiracy theories as Georgia votes
“Mr. President, the problem you have with social media, they — people can say anything,” Georgia Secretary of State Brad Raffensperger,…
Continue Reading Oil soars past $50 after OPEC and Russia agree to roll over production cuts
A group of major oil producers have agreed to keep production steady in February and March as the pandemic forces some economies back into lockdown…
Continue Reading Americans are buying cars again
US car sales have picked up again — and Americans are back to buying vehicles at their pre-pandemic pace, according to General Motors. As the…
Continue Reading Adobe Flash Player is officially dead. Here’s how to uninstall it
Adobe has officially killed off Flash Player, the buggy, hated, security vulnerability of a web browser plug-in that was once widely used for viewing…
Continue Reading Windows 10 is rumored to be getting a major redesign. Don’t screw this up, Microsoft!
Microsoft is rumored to be working on a major redesign of Windows 10 that could bring big changes to the way the PC operating system looks and…
Continue Reading At stake in the Georgia Senate races: The future of America’s economy
Georgia isn’t just the center of the political universe. It’s center stage on Wall Street, too. The Peach State’s Senate runoffs…
Continue Reading McDonald’s adds three new sandwiches to compete in chicken wars
McDonald’s is launching new sandwiches next month in an effort to win fast food’s chicken war. On Monday, the company announced three…
Continue Reading Electric cars hit record 54% of sales in Norway as VW overtakes Tesla
Battery electric vehicles accounted for more than half of all cars sold in Norway last year, putting the country way out in front in efforts to kill…
Continue Reading Microsoft to AMD: Please help us!
Staying home and gaming is definitely a trend during the pandemic, but it has been hard for people to get their hands on the latest consoles. Since…
Continue Reading Ex-Trump adviser Gary Cohn joins IBM as vice chairman
Gary Cohn, who quit a top job at Goldman Sachs to join the Trump administration in 2017, is the new vice chairman at tech giant IBM. Cohn said in a…
Continue Reading Elephant ivory still being sold on eBay despite 12-year ban
Elephant ivory is still being sold on eBay despite the online marketplace introducing a ban more than a decade ago, researchers have found. Sellers…
Continue Reading Welcome back to work, everything is broken
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 Honey, the pandemic shrunk our wedding cake
Jennifer Bunce-Timmons is used to making extravagant cakes for weddings. But over the summer, she got a request that was on another level. Instead of…
Continue Reading Alibaba is shutting down its music streaming app
Alibaba is shutting down its music streaming app next month, signaling an end to the Chinese tech firm’s big music ambitions. The company…
Continue Reading The 2 big reasons stocks are struggling as 2021 kicks off
The new year was meant to usher in greater certainty, with Covid-19 vaccination efforts ramping up and the US election in the rearview mirror.…
Continue Reading Jeff Bezos, Jamie Dimon and Warren Buffett tried to solve health care. 3 years later, their company has shut down
Haven, an ambitious health care company formed just three years ago as a partnership between Amazon, Warren Buffett’s Berkshire Hathaway and…
Continue Reading OPEC and Russia divided over how much oil the world needs right now
A group of major oil producers including Saudi Arabia and Russia is deadlocked over whether to increase output as the pandemic forces some economies…
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