Extreme greed reigns on Wall Street. Here’s why investors are so confident
It seems like nothing can go wrong on Wall Street these days. Stocks are at all-time highs as investors bet there will soon be a “phase…
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McDonald’s CEO Steve Easterbrook is out for ‘consensual relationship with an employee’
Steve Easterbrook is out as McDonald’s CEO and president after the board determined that he violated company policy, the company said on…
Continue Reading Justice Dept. is trying to ‘intimidate’ author of anonymous anti-Trump book, agents say
The Justice Department is going on the offensive against the anonymous author of “A Warning,” telling them in a letter obtained by CNN…
Continue Reading British Airways owner has big plans for Madrid airport
The owner of British Airways is buying a private Spanish airline for €1 billion ($1.1 billion) in a push to turn Madrid’s airport into a…
Continue Reading Under Armour says US investigators are probing its accounting practices
Under Armour’s accounting practices are under investigation in the United States, heaping pressure on the struggling company as it seeks to…
Continue Reading Papa John’s made the first change to its original crust in nearly four decades
Papa John’s is slowly turning things around — and perhaps a new crust will help. The pizza chain is debuting a garlic Parmesan-flavored…
Continue Reading Seth Meyers’ new Netflix special lets you skip the Trump jokes
Seth Meyers thinks some comedy fans may be burned out by DC politics, so he asked Netflix to help him do something about it. The late night…
Continue Reading Apple will spend $2.5 billion to help solve California’s housing crisis
Apple announced a $2.5 billion financial package to help address the housing crisis in California, which has worsened in part because of the rapid…
Continue Reading Investors face bleak returns for the next decade
Happy Monday. 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 Tech stocks rally in Asia after news that a Huawei reprieve could come soon
Asian markets edged up on Monday, following last week’s gains on Wall Street as well as news of a potential reprieve for Huawei. South…
Continue Reading Saudi Arabia announces IPO of world’s most profitable company
Saudi Arabia is moving forward with an initial public offering of its huge state oil producer that could shatter records and give investors the…
Continue Reading Licenses for US companies to sell to Huawei expected ‘shortly,’ says Commerce Secretary Wilbur Ross
American companies who count Huawei as a customer may soon get a more permanent reprieve from US restrictions on selling to the Chinese tech giant.…
Continue Reading How often does Trump misspell words on Twitter? These researchers have an answer
“Shoebiz,” “hamberders,” “leightweight.” “Rupublicans.” “Infair.” President Donald Trump…
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CBD wellness boom expands to Borderland businesses
EL PASO, Texas — Nanette Lattimer-Gamboa can’t do her job without her hands. When she began suffering from rheumatoid arthritis, her work, as a…
Continue Reading Columbia Sportswear ‘matriarch’ and longtime chairwoman Gert Boyle dies at 95
Columbia Sportswear “matriarch” Gert Boyle has died at age 95, the company announced Sunday. Boyle led the Portland, Oregon-based outdoor…
Continue Reading Republican presidential candidate Joe Walsh says Fox News and conservative radio are lying to Americans
Former Republican Congressman and 2020 presidential hopeful Joe Walsh is slamming Fox News and conservative talk radio for their coverage of the…
Continue Reading Kate McKinnon breaks down Elizabeth Warren’s healthcare plan on ‘SNL,’ saying your insurance is like a ‘bad boyfriend’
Last week, “Saturday Night Live” had Alec Baldwin’s Donald Trump take questions from supporters at one of his rallies. This week it…
Continue Reading Why corporate earnings season is going better than expected
Happy Sunday. 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 Blizzard accepts ‘accountability’ over Hong Kong controversy, but gamers still aren’t happy
Gamers aren’t happy with American video game company Activision Blizzard. Although the company just announced a new shooter game and more…
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Berkshire Hathaway’s cash pile soars to $128 billion with Warren Buffett yet to make big acquisition
Berkshire Hathaway’s massive cash pile keeps expanding, but Warren Buffett’s industrial and insurance conglomerate has yet to make a…
Continue Reading UAW union president takes leave of absence as corruption probe expands
The president of the United Auto Workers, Gary Jones, will take a leave of absence amid a growing scandal involving the union and its finances. Jones…
Continue Reading With the Apple Card, Goldman Sachs has lent out about $10 billion in credit
Goldman Sachs has lent out about $10 billion in credit to Apple customers so far, according to its recent regulatory filing. Apple rolled out its…
Continue Reading With Wonderstruck, BBC America wants to give you a break from the news
Turn on the BBC America cable channel on any given Saturday from now on, and you’ll see natural history programs like “Blue…
Continue Reading Former regional director sues Starbucks, saying she was wrongfully terminated after two black men were arrested at Philadelphia store
A former Starbucks regional director has sued the company for wrongful termination, alleging the company discriminated against her in the aftermath…
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Apple’s non-binary emojis are a step in the right direction
Apple rolled out 328 new emojis on Monday, giving users the option to select ones that are non-binary. This means that people won’t have to…
Continue Reading Hemp is legal. Here comes the tricky part
Hemp is now a bona fide American crop. The US Department of Agriculture this week posted formal federal guidelines for how hemp — the versatile…
Continue Reading Facebook will allow UK election candidates to run false ads
A controversial policy allowing politicians to run false ads on Facebook will extend to the United Kingdom as the country prepares to vote in a…
Continue Reading Google to buy Fitbit in $2.1 billion deal
Google announced plans on Friday to acquire Fitbit, the world’s leading maker of wearable fitness activity trackers. The deal, worth about $2.1…
Continue Reading One year after the Google walkout, key organizers reflect on the risk to their careers
One year ago on November 1, tens of thousands of Google workers spilled out of their offices around the world, protesting sexual harassment,…
Continue Reading Zuckerberg defends Facebook’s political ad policy as company posts blowout earnings
Facebook CEO Mark Zuckerberg used a call typically reserved for detailing financial results to defend the company’s decision to keep running…
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