Manchester City’s owner is worth nearly $5 billion after Silver Lake deal
US private equity giant Silver Lake is investing $500 million in the owner of Manchester City, a deal that values the soccer group at nearly $5…
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Investors choose hope when confronted with mixed picture on trade
Happy Wednesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right…
Continue Reading Papa John’s founder John Schnatter ate 40 pizzas in 30 days and says it’s gotten worse
Cheaper ingredients. Worse pizza? Papa John’s founder and former CEO John Schnatter gave his first major interview since being ousted from the…
Continue Reading Asian markets mostly rise after Trump suggests trade talks are in ‘final throes’
Asian markets mostly rose after US President Donald Trump suggested a trade deal with China is in the final stages. Japan’s Nikkei 225 rose…
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SoftBank-backed dog walking startup shuffles its CEO
After raising hundreds of millions of dollars to unleash growth, dog-walking startup Wag has struggled to keep up with the competition. Now, the…
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A year later, cause still unknown for 250,000-gallon gas pipeline spill in Anthony
LAS CRUCES, New Mexico — Officials with pipeline owner/operator Kinder Morgan told the Dona Ana County Commission on Tuesday that they are still…
Continue Reading AT&T and Microsoft announce early result of their 5G-cloud partnership
AT&T and Microsoft have announced the next phase of a partnership that’s aimed at advancing development in two of the buzziest areas of…
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Hasbro really, really needs you to buy ‘Frozen 2’ and ‘Star Wars’ toys this holiday season
Two of Disney’s most successful movie franchises are about to hit theaters again, and toymaker Hasbro needs people to buy as many related toys,…
Continue Reading Global car sales are set for a terrible year. Here’s what that means for manufacturing
Global manufacturing has been a drag on the world economy all year. A recovery could be around the corner–but only if conditions are right.…
Continue Reading New York warns FedEx to keep their delivery robots off the city’s streets
When it comes to robots driving around, navigating the streets and tirelessly delivering packages, who wouldn’t be a fan? Well … New York…
Continue Reading California cannabis industry sending SOS to state leaders
About 170 years after California’s gold rush came the promise of the green rush. California’s legalization of cannabis for adult…
Continue Reading Why ‘The Simpsons’ matters to Disney+
30 years ago, Bart Simpson and his alter-ego “El Barto” were everywhere: On TV, of course, but also magazine covers and t-shirts, and in…
Continue Reading Bitcoin hits a speed bump, reaches lowest level in six months
It wasn’t long ago that bitcoin looked like it was making a comeback. Recently, however, it has hit a speed bump. Bitcoin’s price came…
Continue Reading Solar, wind and hydro power could soon surpass coal
Coal, long the king of America’s electric grid, will soon get toppled by renewable energy. Solar and wind power are growing so rapidly that for…
Continue Reading Dick’s shares soar 18% on strong sales
Shares of Dick’s Sporting Goods soared 18% in early trading after the company reported strong earnings and raised its guidance for the third…
Continue Reading ‘Everybody’s nightmare come true’: Bloomberg reporters grapple with covering Bloomberg campaign
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Michael Bloomberg…
Continue Reading Huawei CEO: We can still be No.1 without Google
Huawei CEO and founder Ren Zhengfei believes his company can still become the world’s top smartphone brand, even if it remains cut off from…
Continue Reading Audi cuts 7,500 jobs to free up money for electric cars
Audi is reducing its workforce by 7,500, the latest example of dramatic changes roiling the global autos industry. The German premium car brand…
Continue Reading Best Buy is ready for Black Friday
Only a handful of old-school retailers are thriving in the face of Amazon today. Best Buy continues to be one of those companies and is set for a…
Continue Reading Groceries and glutes: Supermarkets add boutique gyms and yoga classes
Supermarkets are trying to entice shoppers with more than just food. Hy-Vee is teaming up with high-intensity training gym OrangeTheory to build…
Continue Reading Groceries and glutes: Supermarkets add boutique gyms and yoga classes
Supermarkets are trying to entice shoppers with more than just food. Hy-Vee is teaming up with high-intensity training gym OrangeTheory to build…
Continue Reading A.C. Moore is closing all of its stores
A.C. Moore, an arts and crafts retailer, is closing its doors and joining the growing graveyard of dead retail brands. The 34-year-old company…
Continue Reading Bernard Arnault could surpass Jeff Bezos to become the world’s richest person
Jeff Bezos and Bill Gates can clearly afford a lot of leather wallets from Louis Vuitton and little blue boxes from Tiffany. But the world’s…
Continue Reading Black Friday deals in the UK are rarely genuine bargains – report
What if the best deals aren’t actually on Black Friday? A survey of 83 products for sale during the shopping bonanza last year in the United…
Continue Reading Top bank CEO in Australia steps down over money laundering scandal
Two top executives at Westpac, one of Australia’s biggest banks, are out after the company was hit with extensive claims that it had…
Continue Reading World trade contracts as US-China trade war drags on
Happy Tuesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right…
Continue Reading How to beat the market: Pick the worst stocks that may do a U-turn
If the Dogs-of-the-Dow and buy-the-dip investing strategies had a baby, it would probably look a lot like a relatively new ETF that places bets on…
Continue Reading Cinema chain defends pulling gang film ‘Blue Story’ from UK theaters
A UK cinema chain is defending its decision to pull gang-warfare film “Blue Story” from theaters, hitting back at accusations of bias and…
Continue Reading Alibaba stock comes out with a bang in Hong Kong debut
Alibaba’s stock popped nearly 7% in its Hong Kong debut — a strong showing for one of China’s most prominent tech companies. Shares of…
Continue Reading Japan is losing the tech race. One AI startup is hoping to change that
A robot that can find the laundry even if you’ve moved it could give Japan’s startup scene a much-needed shot in the arm. Preferred…
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