Coronavirus fears sink Hong Kong stocks as they reopen after the Lunar New Year
Hong Kong stocks had their worst day in almost six months Wednesday as investors returned from a four-day holiday to weigh the consequences of an…
Continue ReadingBiz/Tech
These oil companies are leading the industry’s green transformation
Oil and gas companies know the clock is ticking to become greener as investor demand for climate action mounts. However, some are in a better spot to…
Continue Reading How will central banks respond to the coronavirus threat?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The Federal…
Continue Reading This was supposed to be a billion-dollar week for China’s box office. Then the coronavirus hit
China’s massive box office would normally be booming right about now. Not this year. The country’s biggest holiday, the Lunar New Year,…
Continue Reading Krispy Kreme is expanding in New York City
Krispy Kreme is embarking on its most ambitious New York City expansion in more than a decade. The doughnut chain is opening seven locations in the…
Continue Reading
Kobe Bryant merchandise in El Paso largely sold out following NBA legend’s death
EL PASO, Texas — As tributes for the sports legend pour in, many are searching for memorabilia to remember Kobe Bryant. Here in El Paso, merchandise…
Continue Reading US airlines briefed on government measures to stop spread of deadly coronavirus
An airline industry official told CNN that Trump administration officials briefed US airlines Tuesday on measures being taken to contain the spread…
Continue Reading Washington Post reinstates reporter who it suspended over Kobe Bryant tweets, saying she didn’t violate policy
A top editor at The Washington Post said Tuesday that a reporter who was suspended for tweets she posted in the immediate aftermath of Kobe…
Continue Reading
J. Crew hires former head of Victoria’s Secret as its new CEO
J. Crew has turned to an executive from another struggling brand, Victoria’s Secret, to lead its turnaround. Jan Singer will become J.…
Continue Reading NPR wants answers from Pompeo after State Department removes reporter from trip
The State Department has yet to explain or defend its highly unusual decision to remove an NPR reporter from an upcoming trip by Secretary of State…
Continue Reading Starbucks has closed more than half of its Chinese stores because of coronavirus
Starbucks has closed more than half of its roughly 4,300 Chinese stores, as the deadly coronavirus continues to spread in the country. The company…
Continue Reading Ben Smith is leaving BuzzFeed for the New York Times
Ben Smith, the former political blogger who built BuzzFeed News into a digital powerhouse, announced Tuesday that he is leaving the website and…
Continue Reading United Airlines suspends some flights between US and China as coronavirus spreads
United Airlines is temporarily reducing its schedule between the United States and three cities in China in light of the Wuhan virus. The airline…
Continue Reading Super Bowl ad starring Jimmy Fallon aims to inspire those who love beer but hate working out
It’s a feeling of dread a lot of Americans can relate to — working out. It often feels more like a chore than a fun activity, but in…
Continue Reading Atari is opening its own hotels in eight US cities
Atari might be best known for 1970s video games and its money problems, but now the brand is opening its own chain of branded hotels. The first one,…
Continue Reading After a tough few months for McDonald’s, new CEO makes his public debut
After fewer than three months at the helm of the company, McDonald’s CEO Chris Kempczinski will address investors and analysts during the first…
Continue Reading Jimmy Kimmel ditched his studio audience for a somber tribute to Kobe
Jimmy Kimmel’s late night show usually opens with laughter, but on Monday night there was nothing to laugh about. Monday’s episode of…
Continue Reading UK will allow Huawei to help build its 5G network despite US pressure
The British government said Tuesday that it will allow China’s Huawei to help build the country’s next generation of super-fast wireless…
Continue Reading Huawei just dodged a bullet in the UK. Europe is the next showdown
Huawei has been granted a limited role in building Britain’s 5G network, allowing the company to maintain its presence in a crucial market…
Continue Reading This grocery store wanted to compete with Whole Foods. Now it’s going bankrupt
Lucky’s Market, the niche grocery chain that bills itself as “organic for the 99%,” filed for bankruptcy protection Monday, the…
Continue Reading Renault tries to leave the Carlos Ghosn era behind by hiring an outsider as CEO
Renault has picked an outsider as its next CEO as the carmaker seeks to draw a line under the Carlos Ghosn scandal, address looming threats to its…
Continue Reading These American brands have the biggest exposure to China’s economy
Several major American companies with big investments in China are preparing themselves for potential disruption from the spread of the deadly Wuhan…
Continue Reading 3M is cutting 1,500 jobs in a global restructuring
Industrial conglomerate 3M is laying off 1,500 workers globally as the company looks to restructure. 3M announced the job cuts, which amount to a…
Continue Reading MacKenzie Bezos dumped a ton of Amazon stock
MacKenzie Bezos has unloaded about $370 million worth of her Amazon shares. Bezos received about 19.7 million shares of Amazon, equal to 4% of…
Continue Reading FDA to Purell: Stop claiming your hand sanitizers eliminate Ebola and the flu
The US Food and Drug Administration is giving the maker of Purell products a stern warning: Stop making unproven claims that over-the-counter hand…
Continue Reading One of the biggest names in cannabis is falling behind in paying vendors
Cannabis dispensary operator MedMen Enterprises had aspirations to be the biggest, most premium player in the emerging industry. It opened locations…
Continue Reading Uber suffers another blow as it loses McDonald’s delivery monopoly in the UK
Uber Eats has lost the exclusive rights to make about 15 million McDonald’s deliveries each year in the United Kingdom. The food delivery…
Continue Reading Harley-Davidson’s stock tanks as motorcycle sales continue to slide
Harley-Davidson has a big problem. Americans aren’t riding its trademark hogs nearly as much as they used to do. Shares of Harley-Davidson fell…
Continue Reading Chipotle cited with 13,253 child labor law violations in Massachusetts
Chipotle agreed to pay a $1.3 million fine for more than 13,000 child labor violations at several of its Massachusetts locations. The state’s…
Continue Reading US airlines offer to change China flights for free for another month as coronavirus spreads
US airlines are giving customers more time to change their flights to China without incurring fees as the deadly coronavirus continues to spread, and…
Continue Reading