Investors react to a flood of CEO departures
Happy Wednesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right…
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Chinese report counts 206 unicorns. That’s more than America
China has surpassed the United States to become the world’s biggest hub for unicorns, according to a new report from a Shanghai-based research…
Continue Reading SoftBank shares slide after massive WeWork bailout
Shares in SoftBank fell 2.5% on Wednesday after the Japanese conglomerate confirmed a massive deal to bail out WeWork, the embattled office space…
Continue Reading Chipotle’s supply of carne asada is running low
Chipotle is expecting to run out of its popular new meat dish, carne asada, late next month or in early December — but it’s not worried, the…
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McDonald’s shares fall 5% as competition heats up
Growth at McDonald’s missed some expectations in the third quarter, suggesting that the chain is feeling the heat from competitors who are…
Continue Reading How bad are things for Boeing? Investors are about to find out
A top Boeing executive left the company Tuesday, the first to do so in the wake of the 737 Max crisis. What the mounting crisis is costing the rest…
Continue Reading Hasbro plunges 17% after getting hit hard by tariffs
The Force and Frozen couldn’t save toy maker Hasbro from the US-China trade war. Hasbro shares plunged nearly 17% Tuesday after the company…
Continue Reading WeWork takeover by SoftBank includes a big payout for former CEO: reports
WeWork co-founder Adam Neumann will reportedly get a significant payout under a deal in which SoftBank will take control of the troubled company.…
Continue Reading Mark Zuckerberg heads back to Capitol Hill with Facebook under more scrutiny than ever
A slew of policy changes this week at Facebook show how the social media giant can act decisively on pressing public policy matters — when it…
Continue Reading Will the housing market continue to prop up the US economy?
Despite a recent drop in retail sales, softer business spending and a slowdown in job growth, the housing market keeps humming along. That’s…
Continue Reading Facebook’s antitrust headache gets worse: 47 attorneys general now investigating
Facebook’s antitrust headache is only getting worse. New York Attorney General Letitia James announced on Tuesday that 47 state attorneys…
Continue Reading Under Armour founder Kevin Plank is stepping down as CEO
Under Armour is making changes at the top as it continues to struggle against its rivals. CEO and founder Kevin Plank is stepping back from the…
Continue Reading Macy’s and Bloomingdale’s will stop selling fur in 2021
Fur is on its way out at Macy’s Inc. The retail giant announced Tuesday that it would stop selling mink, fox, sable and other real fur products…
Continue Reading Spotify is giving away Google Home Mini speakers to Premium subscribers
Spotify is rewarding its Premium subscribers with a free gift: a Google Home Mini. The mini speaker from Google, powered by Google Assistant, is…
Continue Reading South Africa’s Naspers wants to beat Uber Eats and Deliveroo. It just made a bold move
The battle for the future of online food delivery just got a whole lot spicier. South African tech investment firm Naspers said it was launching a…
Continue Reading Indian tech group Infosys rocked by whistleblower claims against CEO Salil Parekh
Allegations of misconduct at one of India’s largest tech companies have sent its stock plunging. Infosys shares dropped more than 16% in Mumbai…
Continue Reading Pizza Hut is testing out an Incogmeato pizza in a round box
Incogmeato, Kellogg’s new line of plant-based protein, is coming to Pizza Hut. Starting on Wednesday, the pizza chain will serve a new…
Continue Reading Investors really want to be cheery. Here’s what’s holding them back
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 Facebook: Russian trolls are back. And they’re here to meddle with 2020
People linked to the Internet Research Agency, the Kremlin-backed troll group indicted by the United States for its alleged interference in the 2016…
Continue Reading Facebook tries to get its house in order ahead of 2020 election
With the US presidential election barely a year away, Facebook is still working to get its house in order. Facebook said Monday that it is taking new…
Continue Reading ‘Star Wars: The Rise of Skywalker’ trailer showcases the final chapter of the Skywalker saga
Fans got their latest look at the last chapter of the Skywalker saga on Monday night. The official trailer for “Star Wars: The Rise of…
Continue Reading British luxury brands fight to keep US customers as tariffs hit
A group representing 270 UK luxury brands caught in the middle of a trade spat between the United States and the European Union is preparing to…
Continue Reading Five Disney fans could get $1,000 for binge-watching movies
Calling Disney fans — some of you could earn $1,000 by binge-watching your favorite movies. Media site Reviews.org said it is seeking the…
Continue Reading Asian markets mostly move higher, following Wall Street’s lead
Asian stocks mostly rose Tuesday, tracking a positive session on Wall Street overnight. South Korea’s Kospi rose 1.1%. Hong Kong’s Hang…
Continue Reading One week after ABC’s Syria video screw-up, the network still hasn’t explained how it happened
One week after making an egregious error on its evening and morning newscasts, ABC News still hasn’t explained how it happened. Video…
Continue Reading WeWork is set to weigh last-ditch financing options
The fate of WeWork is about to be decided. The embattled coworking space operator is said to be weighing last-ditch financing options this week to…
Continue Reading Civil rights groups urge Facebook to act against discrimination and voter suppression
More than 45 civil rights groups, including the NAACP and the Human Rights Campaign, came together to urge Facebook to protect civil rights and…
Continue Reading Amazon Alexa and Google Home’s voice assistant were vulnerable to hackers
Amazon’s Alexa and Google Home’s smart assistant were vulnerable to a security issue that could have allowed hackers to eavesdrop on…
Continue Reading CVS to test drone delivery for your medications
The drones are coming — and they’re bringing your aspirin. CVS is the latest drug store to explore delivering to you via a drone. The…
Continue Reading End of GM strike still uncertain, despite tentative labor deal
The strike at General Motors has already gone on for five weeks. It might drag on even longer if strikers reject a tentative agreement reached last…
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