The coronavirus is still rattling markets around the world
Fears about the novel coronavirus outbreak are still roiling global markets. While some stock indexes in Asia rebounded Tuesday after a very rough…
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Natural grocery stores are at risk as organic goes mainstream
In the span of just eight days, two natural and organic grocery chains filed for bankruptcy. The one-two-punch of insolvencies at Lucky’s…
Continue Reading These startups raised billions and then laid off thousands. Workers are shocked and frustrated
Just a few months ago, discount hotel chain OYO seemed unstoppable. The India-based startup touted plans for global expansion and saw its valuation…
Continue Reading Procter & Gamble launches a new cleaning brand that disinfects without wiping
Procter & Gamble is introducing a new cleaning brand that the consumer product giant hopes will be its latest hit. On Monday, P&G, the…
Continue Reading These 26 words ‘created the internet.’ The US government is coming for them
For decades, many of the biggest names in tech have leaned on a little-known law to avoid being held responsible for some of the most controversial…
Continue Reading This is Amazon’s newest grocery store concept
Amazon owns around 500 Whole Foods stores. But the company’s plan to win more of America’s grocery spending stretches far beyond…
Continue Reading Reporters who investigated Harvey Weinstein react to his conviction
The Dow plunged more than 1,000 points on Monday, in its worst selloff in two years, yet the NBC, ABC and CBS evening newscasts all led with the…
Continue Reading Major American companies are reeling from coronavirus
A growing number of major American companies are saying coronavirus is hurting their business. Late Monday, United Airlines announced that it has…
Continue Reading Lego minifigure creator and ‘unsung hero’ of the toy industry Jens Nygaard Knudsen dies
Jens Nygaard Knudsen, creator of the Lego minifigure, has passed away at the age of 78. The former designer was responsible for developing the small…
Continue Reading Jif settles the great debate with a GIF peanut butter jar
Jif is releasing a limited-edition jar of GIF peanut butter in a collaboration meant to be as smooth as the product itself. The purpose is to…
Continue Reading The stock plunge that Wall Street should have seen coming
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. By any…
Continue Reading Boeing CEO Dave Calhoun could get a big payday for fixing Boeing. Here’s what he needs to do
Dave Calhoun, the new CEO of Boeing, will get a big bonus if he can fix a long list of problems at the company, including returning the 737 Max…
Continue Reading Disney is adding Impossible to its menus
It may seem like Impossible’s plant-based meat substitute is everywhere. But a new partnership could give the product its biggest boost yet.…
Continue Reading Gold at a seven-year high and bond yields flirt with record lows as fear grips Wall Street
Fear has returned to Wall Street. The spread of coronavirus cases in Italy, Iran and South Korea is shaking investors out of their recent…
Continue Reading Ouch. Investment banking revenue hasn’t been this weak since 2008
Pink slips are flying on Wall Street and at leading investment banks around the world as the industry grapples with shrinking revenue and profound…
Continue Reading Expedia plans to cut about 12% of its workforce
Expedia is cutting about 12% of its workforce after a “disappointing” 2019. The company outlined its plan in a memo sent to employees,…
Continue Reading Gilead Sciences drug remdesivir may help treat coronavirus symptoms, according to WHO
Shares of American biotech firm Gilead Sciences rose nearly 5% Monday after an official from the World Health Organization said that Gilead’s…
Continue Reading Coronavirus is fast becoming an ‘economic pandemic’
The emergence of hundreds of coronavirus cases in two major economies outside China has dashed hopes of a speedy recovery from an epidemic that has…
Continue Reading US Supreme Court denies Apple’s bid to avoid paying $440 million damages in patent fight
The United States Supreme Court on Monday dealt a blow to Apple in a decade-long legal battle over whether the iPhone maker infringed on another…
Continue Reading Fintech company Intuit to buy Credit Karma for $7.1 billion
Intuit has agreed to acquire Credit Karma for approximately $7.1 billion in cash and stocks, the companies announced Monday. Intuit is the maker of…
Continue Reading Dow plunges 1,000 points, posting its worst day in two years as coronavirus fears spike
Stock markets plunged around the world Monday after the number of coronavirus cases surged in Italy and South Korea, putting two more major economies…
Continue Reading Nike released a touching tribute to Kobe Bryant on the day of his memorial
Sometimes you can say a lot without saying much at all. Nike released a touching tribute to Kobe Bryant on Monday, released just as the public…
Continue Reading Coronavirus market freakout: Stocks flew way too close to the sun
Apple dropped a bombshell last week. Yet Wall Street, in the throes of a historic meltup, reacted with a collective shrug. America’s most…
Continue Reading Drones. Disinfecting robots. Supercomputers. The coronavirus outbreak is a test for China’s tech industry
China has spent decades nurturing its tech sector. Now, faced with a massive public health crisis, Beijing is pushing its tech companies to join the…
Continue Reading Warren Buffett finally traded in his flip phone for an iPhone
Warren Buffett, one of Apple’s largest shareholders, finally owns one of the company’s most popular products. The billionaire investor…
Continue Reading This oil sands project in Canada has been in the works for a decade. Now the company behind it is backing out
Canadian miner Teck Resources announced it will drop plans for its controversial Frontier oil sands project in Alberta, Canada. The project gripped…
Continue Reading Stranded lobsters and missing wedding dresses: The coronavirus is a daily reminder of China’s global reach
All along the western Australian coast, a backlog of rock lobsters are stuck waiting in their tanks, as their main market remains all but closed. In…
Continue Reading Microsoft hopes its technology will help Americans trust voting again
When voters in Fulton, Wisconsin, arrived to cast their ballots in a local election Tuesday, the voting process looked a little different. Rather…
Continue Reading US government fines Wells Fargo $3 billion for its ‘staggering’ fake-accounts scandal
Wells Fargo was hit with a $3 billion fine Friday by federal authorities outraged by the millions of fake accounts created at the troubled bank over…
Continue Reading The Costco Connection is America’s fourth biggest magazine
Costco relies on a surprising perk to engage its executive members and keep them hooked on their $120-a-year subscription: The Costco Connection…
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