Corporate America is quietly working to suppress the voices of small investors
Emily Cunningham, a user experience designer, is just one of 750,000 people who work for Amazon. Like most rank-and-file employees in corporate…
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Facebook and YouTube say they are removing content mentioning potential whistleblower’s name
Facebook and YouTube said Friday that they were removing content that mentioned the potential name of the whistleblower whose complaint sparked an…
Continue Reading Disney CEO Bob Iger is about to take the biggest risk of his career
Bob Iger is on top of the world. As Disney’s CEO, he has led the company through a commanding 14 years, peaking with a dominating 2019. This…
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The Stephen King effect: Will it help ‘Doctor Sleep’ at the box office?
The prom, clowns, a picturesque hotel in Colorado. These things don’t really convey a lot of dread for moviegoers — unless they’re in…
Continue Reading How Michael Bloomberg became the richest man in media
Entrepreneur and philanthropist-turned politician Michael Bloomberg has been called one of most successful New York mayors in the city’s…
Continue Reading Why frackers are using sewage to collect oil and gas
America’s oil industry faces a number of challenges, including low oil prices, the rise of electric vehicles and proposals to limit fracking.…
Continue Reading ‘I haven’t agreed to anything’: Trump throws cold water on China trade deal
President Donald Trump dealt a blow Friday to investors who were hoping the United States and China were inching closer toward a partial trade deal…
Continue Reading Old Navy’s future is in doubt
Gap outlined a plan to rescue itself in February, and Wall Street was firmly behind it: The company would spin off its popular Old Navy brand in 2020…
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Blackstone acquires dating apps Bumble and Badoo amid investigation into former owner
Bumble’s embattled owner is getting acquired by investment firm Blackstone. Blackstone announced Friday that it is buying a majority stake in…
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30,000 computers being scrubbed by Las Cruces schools in wake of hacker attack
LAS CRUCES, New Mexico — Nearly a week and a half after being hit with a ransomware attack from hackers, Las Cruces Public Schools officials said it…
Continue Reading Companies run by billionaires are better for investors
Billionaires tend to be good at making money for themselves. Buying into the companies they control could make the rest of us richer, too. Shares in…
Continue Reading GM sells its Lordstown plant to an electric pickup truck startup
A massive Lordstown, Ohio, auto assembly plant is getting a new lease on life. Startup automaker Lordstown Motors announced late Thursday it has…
Continue Reading Britain’s premier election debates won’t include parties opposed to Brexit
Six days before they vote in what promises to be a landmark general election, Britons will be able to watch a live prime-time debate between Prime…
Continue Reading Strike forces Lufthansa to cancel 1,500 flights
Lufthansa says it hopes to resume a normal flight schedule on Saturday after two days of strikes forced it to cancel 1,500 flights, disrupting the…
Continue Reading Slack continues to sink as analysts worry Microsoft will kill it
Slack may be ubiquitous in offices throughout Corporate America, but the company is facing a formidable challenge from a much larger rival. That has…
Continue Reading China’s top ride-hailing company introduced a ‘curfew’ for women after riders were killed. It’s being forced to backtrack
China’s top ride-hailing firm is walking back one of its newest features after users accused the company of discriminating against women by…
Continue Reading Drake is going into business with a Canadian cannabis firm
Cannabis, so hot right now. The burgeoning North American cannabis industry — and, notably, the booming hemp-derived CBD sector — has become a…
Continue Reading Disney looks strong ahead of streaming launch
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 Disney says Hong Kong protests could wipe out $275 million in theme park profit
Hong Kong’s political crisis is hitting the local Disneyland hard. Disney reported strong earnings on Thursday, but flagged mounting losses at…
Continue Reading Why this Apple executive says the US needs a new energy system
As wildfire season loomed in California last month, the executive who oversees Apple’s environmental efforts told CNN Business that fires…
Continue Reading US-China trade hopes leave Asian markets mixed
Asian stocks were mixed on Friday, with investors reacting cautiously to signs of a thaw in US-China trade tensions. A spokesman for China’s…
Continue Reading Dow and S&P 500 hit new record on trade deal optimism
It was another record-breaking day in the US stock market, after a Chinese official said that Washington and Beijing have discussed rolling back…
Continue Reading People just received text messages originally sent on Valentine’s Day
Text messages received overnight on Wednesday caused confusion, misunderstandings and even alarm for some recipients. The text messages appear to…
Continue Reading Searching for Google and YouTube in Big Tech’s political ad controversy
You’d be forgiven for thinking that the only tech platform that allows politicians to run false ads is Facebook. The company has faced an…
Continue Reading Disney+ will be available on Amazon’s Fire TV
The Walt Disney Company and Amazon have reached a deal that will bring the Disney+ streaming service to Amazon’s Fire TV devices. Disney CEO…
Continue Reading Sears owner secures $250 million in new capital, but another 96 stores will close
Sears, once the dominant big box retailer with thousands of stores around the United States, continues to see its footprint decimated as its owner…
Continue Reading The Gap CEO is leaving. The company’s stock lost more than half its value since he started
Gap chief executive Art Peck is stepping down ahead of the company’s spinoff of its powerhouse Old Navy line, the company announced Thursday.…
Continue Reading America is now the world’s top oil producer, but cracks are emerging
By any measure, America’s rapid expansion to a record 12 million barrels of oil output a day has been a global game-changer. In less than a…
Continue Reading Owner of Bustle, Mic and Gawker lays off more employees
Bustle, the flagship site under Bustle Digital Group, laid off eight staffers and some freelancers on Thursday. Two people who were let go told CNN…
Continue Reading BritBox: Britain’s answer to Netflix is here
The United Kingdom’s answer to Netflix has joined the streaming wars. BritBox, a streaming service created by the BBC and ITV, launched in the…
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