Sears’ future is still in doubt a year after bankruptcy filing
Sears filed for bankruptcy a year ago today. And while the company used the process to shed debt, get out of store leases it didn’t want and…
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Dow pops 237 points on blockbuster earnings
Wall Street celebrated on Tuesday after the latest results from corporate America suggested maybe the sky isn’t falling after all. Blockbuster…
Continue Reading GM CEO meets with UAW negotiators, another sign of progress ahead of union leadership meeting
The end could be on the horizon for the United Auto Workers union’s four-week long strike against General Motors. GM CEO Mary Barra met with…
Continue Reading Self-driving scooters are coming to city sidewalks
Google has met few daring ideas it doesn’t like. But three years ago, the idea of a self-driving bicycle was just too much. It mocked the…
Continue Reading Wells Fargo takes $1.6 billion hit linked to fake-account scandal
Wells Fargo’s fake-account scandal continues to haunt the big bank, exacerbating headaches caused by shrinking interest rates. Wells Fargo…
Continue Reading Consumers are still spending, says JPMorgan Chase CEO Jamie Dimon
Consumers are still spending, according to JPMorgan Chase CEO Jamie Dimon. But Dimon added that the US trade war with China is weighing on corporate…
Continue Reading Monday was supposed to be a big day for Facebook’s Libra. Instead, it lost another partner
Monday was supposed to be an exciting day for Libra. Its governance organization, the Libra Association, held an inaugural meeting to select members…
Continue Reading Gymboree is being revived in early 2020
Gymboree is being revived just several months after it went bankrupt. Former rival retailer The Children’s Place announced Tuesday that…
Continue Reading AMC Theatres enters the streaming market with on demand service
AMC Theatres, the largest movie theater chain in the world, is getting into streaming. The company is launching AMC Theatres On Demand, a digital…
Continue Reading Fortnite is back online with a new chapter after two-day hiatus
The nightmare for gamers is over: Fortnite is back online with a new chapter. The hugely popular video game came back online Tuesday after a two-day…
Continue Reading Ronan Farrow says National Enquirer shredded Trump-related documents
According to Ronan Farrow’s new book, The National Enquirer’s top editor directed staffers to shred documents when the Wall Street…
Continue Reading Hyundai is investing $35 billion in autonomous driving and electric cars
Hyundai does not intend to be left behind in the high-stakes race to build mass-market electric and self-driving cars. South Korea’s largest…
Continue Reading Yahoo could pay you $358 for its massive data breach settlement. Here’s how to claim it
Was your Yahoo account among the 3 billion struck by multiple data breaches between 2013 and 2016? You might be eligible for a $358 payout or two…
Continue Reading Chipotle will cover tuition for tech and business degrees
Chipotle will pay for its employees to get business or technology degrees at certain colleges, the company said Tuesday. The new program, which kicks…
Continue Reading WeWork shuts 2,300 office phone booths over health scare
WeWork has a new problem: It’s taking 2,300 phone booths out of service at its rental offices in the United States and Canada because they may…
Continue Reading Drones, apps and smart lockers: The technology transforming healthcare in Africa
Sub-Saharan Africa has, on average, the worst healthcare in the world, according to the World Bank. It accounts for nearly a quarter of all…
Continue Reading IMF sees weaker global economic recovery. US growth pegged at 2.1% in 2020
Next year’s recovery in the global economy will be slightly weaker than expected, and US growth will continue to slow, the International…
Continue Reading Panera defends its mac and cheese after a video exposed the menu item is, gasp, cooked in a bag
A Panera Bread employee spilled the chain’s not-so-secret trade secret about its signature mac and cheese on TikTok. But the viral fame…
Continue Reading What would an Elizabeth Warren presidency mean for the economy and markets?
The possibility that Elizabeth Warren could win the 2020 Democratic presidential nomination — and perhaps even defeat Donald Trump — is starting…
Continue Reading Worried about the economy? Watch US bank earnings
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 Volkswagen pauses $1.4 billion investment in Turkey over Syria invasion
Volkswagen has paused a planned $1.4 billion investment in Turkey as a result of the country’s military offensive in Syria. The world’s…
Continue Reading Questions swirl after ABC airs video from Kentucky gun range, labeled as Syria
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. This is a big black…
Continue Reading Android 10 beta rolls out to some Samsung Galaxy phones
Some Samsung Galaxy users can now upgrade to Android 10 for a handful of new software features. The company announced Monday it has begun rolling out…
Continue Reading NBC News president skewers Ronan Farrow for ‘efforts to defame’ network
In an extraordinary new letter, NBC News president Noah Oppenheim says former employee Ronan Farrow is engaged in an “effort to defame NBC…
Continue Reading Uber lays off 350 more workers in last wave of cuts
Uber laid off approximately 350 employees across several different teams on Monday, a spokesperson confirmed to CNN Business. The cuts are the third…
Continue Reading YouTube says fake video of Trump shooting media doesn’t violate its rules
A fake video that depicts in extremely graphic fashion President Trump attacking and shooting his critics and media outlets does not violate…
Continue Reading This new ETF doesn’t own Walmart, Disney or IBM. Here’s why
For most investors, picking a stock or fund is about finding something that you think is worth buying — a company with strong earnings…
Continue Reading Target raised wages. But some workers say their hours were cut, leaving them struggling
Two years ago, Target said it would raise its minimum wage to $15 an hour by the end of 2020. The move won praise from labor advocates and put…
Continue Reading Netflix is this year’s worst FAANG stock. But could it soon rebound?
Netflix has a lot to prove when it reports its third quarter results after the closing bell Wednesday. Concerns about increased competition have…
Continue Reading Nobel Prize in economics awarded to trio for work on poverty. One is the youngest winner ever
A trio of economists were awarded the Nobel Prize on Monday for their work to alleviate global poverty. Abhijit Banerjee, Esther Duflo and Michael…
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