The US economy may not grow at all in the 4th quarter
The recent euphoria on Wall Street suggests the American economy is roaring. Yet there is a growing risk that growth could grind to a near-halt…
Continue ReadingBiz/Tech
Dow hits 28,000 for the first time
US stock indexes hit all-time highs again on Friday, with the Dow climbing above 28,000 points for the first time in history. All three major indexes…
Continue Reading The cannabis industry is evolving, but does that mean a market turnaround is coming?
North American cannabis companies are slogging their way through another rough earnings season. On Thursday, it was the industry leaders’ turn…
Continue Reading Exclusive: This billionaire says Elizabeth Warren is a ‘superficial, nasty hater’
Hedge fund billionaire Leon Cooperman escalated his fight with Elizabeth Warren on Friday by calling the Democratic presidential candidate a…
Continue Reading Yovanovitch says she was alarmed by attacks from Fox News hosts, right-wing media
Marie Yovanovitch, the former United States ambassador to Ukraine, testified before the House on Friday that she was troubled by the misinformation…
Continue Reading Twitter will run some political ads, just not from politicians. It seems well-intentioned, but might get messy.
Twitter announced details of its new policy banning political ads on Friday, saying that although politicians, political candidates and groups like…
Continue Reading Bitcoin is back — but can the comeback last?
Bitcoin, which recently celebrated its eleventh anniversary, has surged this year. Prices have more than doubled to around $8,500 in 2019. Bitcoin…
Continue Reading Google is targeting women with its new gaming service Stadia
Google wants to break into the hyper-competitive gaming industry in part by targeting an audience sometimes overlooked by rivals: women. On Tuesday,…
Continue Reading Most Americans want the government to do more to protect our data. Few think it will happen
Consumers are overwhelmingly pleading for the government’s help in the face of an ever-growing list of corporate data breaches and privacy…
Continue Reading Free superfast broadband for all, Labour Party pledges ahead of UK election
The UK’s main opposition party has promised to provide “fast and free” full-fiber broadband across the country by nationalizing…
Continue Reading Google’s ‘Project Nightingale’ center of federal inquiry
A federal inquiry has been opened into Google’s efforts to collect health data on millions of Americans through its “Project…
Continue Reading Couch potato? Warren Buffett’s Berkshire Hathaway buys stake in Restoration Hardware
Warren Buffett must really like comfy sofas and beds. The Oracle of Omaha’s Berkshire Hathaway bought more than 1.2 million shares of high-end…
Continue Reading Wait. Is that … hope for JCPenney?
JCPenney has a long way to go before it’s a turnaround story. But the company had some rare good news Friday: It was able to trim its losses in…
Continue Reading Nike released a shoe for ‘everyday heroes’ like doctors, nurses and home health aides
Nike’s new shoe was not created for athletes such as basketball players or tennis players, but for a different crowd — medical workers.…
Continue Reading Amazon will protest Pentagon’s decision to award $10 billion cloud contract to Microsoft
The Department of Defense’s decision last month to award a massive cloud computing contract to Microsoft was a huge loss for rival Amazon.…
Continue Reading Starbucks opens its biggest store ever
Chicago just got a major caffeine jolt from Starbucks. The coffee chain opened its world’s largest Roastery location on Friday. The five-story…
Continue Reading US consumers are gearing up for their next challenge: holiday shopping
Happy Friday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.…
Continue Reading Alibaba’s homecoming is about pleasing China and buying trade war insurance
Alibaba’s plan to raise billions of dollars by selling shares on the Hong Kong stock market will be one of the largest public offerings in the…
Continue Reading Hong Kong expects first annual recession since 2009 as protests rage
The Hong Kong government is warning that six months of increasingly violent mass protests will cause the economy in the Asian financial hub to shrink…
Continue Reading Meet the Facebook executive who wants you to trust him with your money
The night of June 18, David Marcus and his team at Facebook pulled an all-nighter as they prepared for a big company announcement the next day.…
Continue Reading Alibaba says the ‘future of Hong Kong remains bright’ as it kicks off share sale
Hong Kong’s financial markets are getting a boost of confidence from Alibaba’s multibillion-dollar public offering. The Chinese…
Continue Reading Fox’s prime time stars are telling Trump that the impeachment hearings are a ‘disaster’ for Democrats
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. I wanted to know what…
Continue Reading Ratings for first impeachment hearing show healthy interest and a serious partisan divide
On the first day of the televised impeachment hearings against President Trump, the two most popular TV news channels were the two mostly closely…
Continue Reading As El Paso’s Cielo Vista Walmart reopens, residents find healing after the horror
EL PASO, Texas — Erika Contreras still shivers whenever she drives by or pumps gas near the Cielo Vista Walmart in El Paso where an assailant…
Continue Reading
El Paso Walmart’s temporary ban on outdoor fundraising causes ‘Hanksgiving’ organizers to rely on community donations
EL PASO, Texas — In light of the August 3rd Walmart shooting, El Paso Walmart stores temporarily suspended outside fundraising. This change in…
Continue Reading Facebook signed a lease for 30 floors of office space in New York’s Hudson Yards
Facebook signed a lease for more than 1.5 million square feet of office space in New York City’s Hudson Yards. The lease includes 30 floors and…
Continue Reading US-China trade deal negotiations hit another snag
President Donald Trump was supposed to sign a partial trade deal with Chinese President Xi Jinping next week, but negotiations over the final text…
Continue Reading How social media set the agenda in the first impeachment hearing
America’s first presidential impeachment process in the age of viral online politics began with out-of-context tweets, internet conspiracy…
Continue Reading The worst isn’t over yet for Kraft Heinz
Kraft Heinz was crushed like an overripe tomato Thursday after Goldman Sachs cut its rating on the struggling food company to a “sell,”…
Continue Reading Elizabeth Warren is calling out billionaires on their turf — and they don’t like it
Elizabeth Warren is taking her clash with billionaires to their home turf. The Democratic presidential candidate launched an ad buy Thursday on CNBC,…
Continue Reading