Biz/Tech Archives

The forces driving the GameStock rebellion

January 29, 2021 8:20 AM CNN

“Stop the steal!” Trumpist insurgents shouted as they rampaged through the US Capitol on Jan. 6, referring to what they falsely claimed…

The GameStop phenomenon has gone global

January 29, 2021 7:28 AM CNN Newsource

The GameStop mania that’s hijacked US markets is grabbing the attention of investors all over the world, as traders from London to Mumbai try…

Buh-bye, skinny jeans: Levi’s is embracing a baggy look

January 29, 2021 7:08 AM CNN Newsource

Skinny jeans have had their moment. Comfy clothing is what consumers want now, and Levi’s is ready to deliver with more generous-fitting and…

Jon Stewart joins Twitter and defends the Redditors

January 29, 2021 6:56 AM CNN Newsource

Comedian and former “Daily Show” host Jon Stewart is finally on Twitter, and his first tweet was about the GameStop-Reddit mayhem on Wall…

Reddit investors shake up Wall Street — again

January 29, 2021 6:37 AM CNN Newsource

NEW YORK — GameStop’s stock is back to the races Friday, and the overall U.S. market is down again, as the saga that’s captivated and confused…

The GameStop phenomenon has gone global

January 29, 2021 6:17 AM CNN Newsource

The GameStop mania that’s hijacked US markets is grabbing the attention of investors all over the world, as traders from London to Mumbai try…

China’s army of small investors want in on the GameStop mania

January 29, 2021 5:56 AM CNN Newsource

The frenzy over GameStop has inspired amateurs everywhere to shake up stock markets. Now China’s massive army of retail investors wants to get…

China’s army of small investors want in on the GameStop mania

January 29, 2021 5:56 AM CNN Newsource

The frenzy over GameStop has inspired amateurs everywhere to shake up stock markets. Now China’s massive army of retail investors wants to get…

Robinhood gets $1 billion infusion, signaling cash crunch

January 29, 2021 5:33 AM CNN Newsource

Robinhood raised $1 billion from existing investors just hours after it halted purchases of GameStop, suggesting the free-trading app faced a…

Robinhood to ease trading restrictions. GameStop stock soars 100%

January 29, 2021 4:59 AM CNN

GameStop traders sent the stock on a wild ride Thursday, and it looks set for another manic session Friday. The stock lost more than 44% of its value…

Dogecoin soars 370% as Reddit group works to send the cryptocurrency ‘to the moon’

January 29, 2021 4:55 AM CNN

Dogecoin is the latest target of hyped-up Reddit users. The virtual currency, which originally started as an internet parody based on a viral dog…

Class-action lawsuit filed against Robinhood following outrage over GameStop stock restriction

January 29, 2021 2:23 AM CNN

A Robinhood customer filed a class-action lawsuit against the stock-trading app Thursday after the company barred traders from buying shares of…

AP FACT CHECK: Biden’s fuzzy math on 1 million new auto jobs

January 28, 2021 10:54 PM Associated Press

DETROIT (AP) — Casting his climate policy as a jobs plan, President Joe Biden left out important context and used fuzzy math when he announced…

WallStreetBets founder on stock frenzy: I’m enjoying this from the sidelines

January 28, 2021 8:26 PM CNN

The founder of the subreddit WallStreetBets says he never expected the forum to become the force it is now, with hordes of amateur investors driving…

Reddit investors shake up Wall Street

January 28, 2021 8:21 PM CNN Newsource

Robinhood and other online trading platforms are moving to restrict trading in GameStop and other stocks that have soared recently due to rabid…

Over 200 flights on American Airlines’ regional carrier canceled after temporary FAA grounding

January 28, 2021 8:01 PM CNN Newsource

DALLAS, Texas — PSA Airlines, one of American Airlines’ largest operators of regional flights, has been “temporarily…

Democrats face their first big challenge to stay united with massive Covid-19 relief bill

January 28, 2021 7:38 PM CNN

Senate Democrats are staring down a massive undertaking as they plan to push ahead with reconciliation, a process that will be an early test of party…

Fired Fox News political editor calls out ‘hype men in the media’ who helped Trump attempt to ‘steal an election’

January 28, 2021 7:12 PM CNN Newsource

A longtime Fox News politics editor, who was fired by the network earlier this month after angering former President Donald Trump, rebuked the…

Inside Robinhood, the free trading app at the heart of the GameStop mania

January 28, 2021 6:12 PM CNN

Robinhood’s free-trading revolution helped pave the way to the recent Reddit mayhem on Wall Street. The rise of Robinhood means that the…

Robinhood shuts down GameStop trades, sending stock into a tizzy

January 28, 2021 3:20 PM CNN

GameStop traders sent the stock on a wild ride Thursday. The stock plunged more than 40% Thursday after surging nearly 40% at one point earlier in…

International police effort takes down ‘world’s most dangerous’ malware network

January 28, 2021 2:35 PM CNN Newsource

Law enforcement authorities across several countries have taken down a network of what they describe as the “world’s most dangerous…

ABC News president James Goldston is stepping down

January 28, 2021 2:14 PM CNN Newsource

ABC News president James Goldston, who has led the network news division for the past seven years, is stepping down at the end of March. Goldston…

Amanda Gorman’s three books will get one million first prints due to overwhelming demand

January 28, 2021 1:51 PM CNN Newsource

To meet the demand for Amanda Gorman’s unreleased books, her publisher announced it will print one million copies of each of her three titles.…

2021 just got worse: Now there’s a Grape-Nuts shortage

January 28, 2021 1:36 PM CNN Newsource

If you’re having a hard time finding Grape-Nuts at your local supermarket, you are not alone. The pandemic has come for Grape-Nuts. Supply…

Audit: ‘Significant missteps’ by California unemployment agency led it to pay billions in fraudulent jobless claims

January 28, 2021 12:55 PM Associated Press

SACRAMENTO, Calif. (AP) — An audit of California’s unemployment benefits agency found the state has likely paid $10.4 billion in fraudulent…

Biden’s most important stimulus measure

January 28, 2021 12:30 PM CNN

The US federal government should spend more money, and fast, to fight the Covid-19 pandemic, rescue hard-hit families and help states, cities and…

Gov. Abbott says Texas to sue Biden over oil regulations

January 28, 2021 11:31 AM Jim Parker

ODESSA, Texas — Texas Gov. Greg Abbott on Thursday signaled that the state plans to sue the Biden administration over executive orders it issued…

General Motors to stop making gas-powered cars by 2035

January 28, 2021 11:55 AM Associated Press

DETROIT, Michigan — General Motors has set a goal of making the vehicles it produces all-electric by 2035, and the entire company carbon neutral,…

Southwest Airlines reports first loss in 48 years

January 28, 2021 11:49 AM CNN Newsource

DALLAS, Texas — The last time Southwest Airlines posted an annual loss was 1972, when it was a small upstart airline flying a handful of planes…

Bumble bans body shaming: ‘Find something else to talk about’

January 28, 2021 10:55 AM CNN Newsource

Dating app Bumble has been known for setting its own standards for how people should behave on the internet — from banning shirtless and…

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