S&P 500, Nasdaq hit new record high
Stocks rallied sharply Friday, and the S&P 500 and the Nasdaq Composite both closed at a fresh all-time high. Both indexes had already opened at…
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Blizzard apologizes following Hong Kong controversy amid gamer protests
Amid a tumultuous few weeks, Activision Blizzard announced a handful of new video game titles, including “Overwatch 2” and “Diablo…
Continue Reading Deadspin named its last editor-in-chief, who already quit
Deadspin‘s entire editorial staff has resigned in protest over the course of the week, leaving the future of the popular sports blog up in the…
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Popeyes mocks Chick-fil-A’s National Sandwich Day blunder
The rivalry between fried chicken sandwich giants Chick-fil-A and Popeyes reached a new level this week, when Chick-fil-A forgot what day it was and…
Continue Reading How Apple and Microsoft could blow up the stock market
Is there a bubble brewing in big tech stocks? Microsoft, Apple, Amazon, Google owner Alphabet and Facebook are the largest companies in America, with…
Continue Reading Russia rolls out its ‘sovereign internet.’ Is it building a digital Iron Curtain?
On Friday, a controversial new law took effect in Russia: The so-called “sovereign internet” law, which mandates the creation of an…
Continue Reading The US added 128,000 jobs in October, topping dour forecasts
Anyone with jitters about the US economy got an unexpected surprise on Friday. US employers added 128,000 jobs in October, the Bureau of Labor…
Continue Reading The Toys ‘R’ Us relaunch is giving families something they can’t buy on Amazon
Toys “R” Us is returning to select malls in major metropolitan areas this holiday season with what it hopes is an innovative retail plan…
Continue Reading America’s manufacturing sector slowed for a third month in October
American factory activity slowed for the third month in a row in October. The Institute of Supply Management’s manufacturing index came in at…
Continue Reading ‘Nervous and scared.’ Coal workers fear for pensions after Murray Energy bankruptcy
Tom Kacsmar worked underground at a coal mine for nearly four decades. The promise of a decent pension and healthcare for life kept him at this…
Continue Reading Apple TV+ is coming for your iPhone. Here’s everything you need to know
Apple has been synonymous with names like iPhone, iPad and MacBook. On Friday, the company hopes that it will also be synonymous with names like…
Continue Reading Starbucks doesn’t want you to order at its newest store
Starbucks aims to get bigger by going smaller, with a new store format that’s a fraction the size of its normal cafe. The coffee chain is…
Continue Reading Exxon’s profit shrinks by 49% because oil prices aren’t cooperating
ExxonMobil is finally cashing in on America’s shale oil boom. But soft crude prices are dinging the oil giant’s bottom line. Exxon said…
Continue Reading US Steel reports first loss since tariffs designed to help industry
US Steel is losing money again. The steelmarker reported its first loss since early 2017, about a year before the Trump administration imposed 25%…
Continue Reading How America’s aging economic expansion could stay alive for years
The economic expansion that was borne out of the ashes of the Great Recession is ancient by historical standards. Spanning more than a decade,…
Continue Reading Jobs and manufacturing: It’s a big day for the US economy
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 Australian union says Qantas should ground 737 fleet over cracking issue
The union that represents aircraft maintenance engineers in Australia has urged Qantas to ground its fleet of Boeing 737 aircraft to ensure any…
Continue Reading Nintendo and ESR Cayman lead broadly positive run for Asia markets
Investors gave Nintendo a huge boost on Friday, after the gaming company reported better than expected earnings powered by sales of its popular…
Continue Reading WeWork and its ousted CEO accused of pregnancy discrimination
A former chief of staff to WeWork’s cofounder and former CEO Adam Neumann says in a complaint filed Thursday that she was repeatedly…
Continue Reading Facebook denied financial services opportunities to women and older people, lawsuit alleges
Facebook is facing a proposed class action lawsuit for allegedly denying people financial services products based on age and gender. A complaint…
Continue Reading Dow sinks as trade and the economy worry investors
The Dow and US stocks finished lower on Thursday, knocked down by worries about the US economy and the potential for a US-China trade deal. On top of…
Continue Reading A CEO change isn’t the end of the world — as long as it’s planned and amicable
There has been an unprecedented amount of turnover in the corner offices of Corporate America this year. The CEOs of sneaker rivals Under Armour and…
Continue Reading Alphabet scales back its smart city project in Toronto after backlash
Google’s parent company has scaled back its plans for developing a Toronto neighborhood to potentially get approval from local officials…
Continue Reading A Facebook fact-checker will propose a possible solution to the company’s false ad debacle
One of the companies that Facebook hired to fact-check posts on its platform will propose a change to Facebook’s policy allowing politicians to…
Continue Reading Domino’s has put bubble tea bubbles on a pizza and people don’t hate it
It might be the ultimate meeting of eastern and western cuisine — Taiwan‘s famous bubble tea as a topping on a Domino’s pizza. The…
Continue Reading WWE rocked after Middle East TV deal concerns
Shares of World Wrestling Entertainment plunged more than 15% after the sports entertainment company reported sales that missed forecasts and lowered…
Continue Reading Fox News departure: Catherine Herridge joins CBS News, saying ‘facts matter’
In another major defection from the newsroom of Fox News, Catherine Herridge is joining CBS News as a senior investigative correspondent. Herridge,…
Continue Reading Christine Romans: The economy is not as supercharged as Trump promised. But it might not matter
When the economy under President Barack Obama posted quarterly growth of just 1.9% in 2012, Citizen Donald Trump tweeted, “The economy is in…
Continue Reading Networks could be pawns as studios plunge into the streaming wars
Disney+ will launch November 12, a fact that’s hard to miss if you watch any of the TV networks that the studio owns. That raises a question…
Continue Reading Hong Kong’s first recession in a decade could be even worse than feared
Months of protests in Hong Kong that forced shops to close, paralyzed public transportation and scared off tourists have left the city’s…
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