Biz/Tech Archives

Exclusive: This site pays Americans to write ‘news’ articles. Signs indicate it originates in Iran

January 24, 2020 7:02 AM CNN

American Herald Tribune bills itself as a “genuinely independent online media outlet.” Set up in 2015, it publishes in English and pays…

‘No smoking gun’: Bezos hacking report leaves cybersecurity experts with doubts

January 24, 2020 4:36 AM CNN

The explosive forensic analysis that concluded Amazon CEO Jeff Bezos was hacked is coming under scrutiny from independent security experts,…

The Wuhan virus is the last thing China’s economy needs right now

January 24, 2020 3:37 AM CNN

China’s economy is slumping and the country is still suffering the effects of the trade war with America. An outbreak of a new and deadly virus…

A man diagnosed with Wuhan coronavirus near Seattle is being treated largely by a robot

January 24, 2020 3:07 AM CNN

The first person diagnosed with the Wuhan coronavirus in the United States is being treated by a few medical workers and a robot. The robot, equipped…

Instead of airing the impeachment trial, Fox News fed viewers pro-Trump opinion in prime time

January 24, 2020 2:15 AM CNN

Executives at Fox News shielded the channel’s audience on Wednesday night from the impeachment trial proceedings playing out in the United…

Canadian judge weighing whether to extradite Huawei’s Meng Wanzhou to United States

January 23, 2020 11:45 PM CNN

A Canadian federal judge declined to make an immediate ruling on whether Huawei CFO Meng Wanzhou’s extradition process should move forward,…

Asian stocks quiet on Lunar New Year’s eve after a turbulent week

January 23, 2020 11:36 PM CNN

Asian markets were muted Friday on the eve of Lunar New Year celebrations, signaling caution after a broad sell-off the previous day over growing…

California wants mandatory QR Codes for cannabis businesses

January 23, 2020 6:32 PM CNN

California is doubling down on plans to use QR Codes in its fight against illicit cannabis sales. The California Bureau of Cannabis Control on…

Tinder adds a panic button for dates that go wrong

January 23, 2020 8:22 AM CNN

Tinder is following in Uber’s lead in adding in-app safety features for dates that become unsafe. The dating app is adding new safety features,…

CEO of Sonos, a speaker manufacturer, says company will continue to support older products, despite previous statements

January 23, 2020 4:06 PM CNN

Sonos, a company known for its wireless speakers, announced earlier this week that certain older products would lose software support come this May.…

23andMe slashes 14% of workforce amid slump in DNA testing market

January 23, 2020 3:58 PM CNN

23andMe, an at-home DNA testing company, is laying off 100 people, or about 14% of its workforce, the company confirmed to CNN Business on Thursday.…

Months later, The Hill has yet to complete review of John Solomon’s columns at center of impeachment

January 23, 2020 3:03 PM CNN

More than two months after announcing a review of his work, The Hill newspaper has yet to complete its promised evaluation of columns written by John…

The 737 Max grounding cost Southwest $828 million in 2019

January 23, 2020 2:31 PM CNN

Southwest Airlines reported a sharp drop in profit in the fourth quarter because of the continued grounding of the Boeing 737 Max. It said it will…

Is E-Trade the odd man out in the online broker world?

January 23, 2020 2:25 PM CNN

The online brokerage world changed dramatically last year after every major firm eliminated commissions and powerhouses Charles Schwab and TD…

Former Wells Fargo CEO banned from banking industry and fined $17.5 million

January 23, 2020 2:24 PM CNN

Former Wells Fargo CEO John Stumpf on Thursday agreed to a lifetime ban from the banking industry and a $17.5 million fine for his role in leading…

Longtime PBS NewsHour anchor Jim Lehrer is dead at 85

January 23, 2020 1:31 PM CNN

Jim Lehrer, the legendary debate moderator and former anchor of the “NewsHour” television program, died Thursday. He was 85.…

‘Cats’ box office disaster tanks Universal’s profit

January 23, 2020 1:06 PM CNN

Universal took a pretty big hit last quarter largely because of the box office disaster that was “Cats.” The film adaptation of the hit…

GrubHub has a solution to its delivery problems: Takeout

January 23, 2020 11:54 AM CNN

GrubHub is getting crushed by competition, so it’s fighting back with a new service that targets diners who want to pick up their food instead…

Uber prepares to test its self-driving cars in Washington, DC

January 23, 2020 11:49 AM CNN

Uber is laying the groundwork to bring its self-driving cars to the nation’s capital. The ridesharing company said Thursday that it will begin…

Trump zeroes in on his next trade target: Europe

January 23, 2020 10:22 AM CNN

Having negotiated agreements of sorts on trade with China, Mexico, Canada, South Korea and Japan, President Donald Trump is now turning to his next…

Europe’s negative rates under scrutiny as bankers call for change

January 23, 2020 9:51 AM CNN

Under growing pressure over record low interest rates, the European Central Bank has decided it’s time to give its unconventional policies…

Xerox launches a hostile takeover bid for HP

January 23, 2020 8:34 AM CNN

Xerox is dropping the niceties. It really, really wants to merge with HP, and it has gone hostile. The copier company said Thursday it will nominate…

Goldman Sachs’ new rule: At least 1 woman on the board or you can’t go public

January 23, 2020 8:20 AM CNN

Goldman Sachs won’t take companies public anymore unless they have at least one “diverse” board member, the bank’s CEO David…

Mr. Peanut is dead for some reason

January 23, 2020 8:11 AM CNN

Mr. Peanut, the 104-year old mascot of the Planters snack food company, has died after sacrificing himself in what appears to be a traumatic road…

Fairway files for bankruptcy with a plan to keep some stores open

January 23, 2020 7:52 AM CNN

Fairway Market, the New York grocery staple known for its gourmet food and packed stores, said Thursday that it filed for bankruptcy with a plan to…

President Trump faces removal from office. Markets: ‘Ho, hum’

January 23, 2020 6:20 AM CNN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. President…

A new text message scam is disguising itself as a FedEx notification

January 23, 2020 6:09 AM CNN

It’s an exhilarating feeling we can all relate to — FedEx notifying you that your package has been delivered. But before you mindlessly…

Hallmark Channel parent company CEO exits one month after same-sex marriage ad backlash

January 23, 2020 5:43 AM CNN

The president and CEO of Crown Media, the Hallmark Channel’s parent company, is stepping down a little more than a month after the network…

These brands spend nearly $100 billion on ads. They want Facebook and Google to raise their game

January 23, 2020 5:39 AM CNN

Some of the world’s biggest advertisers have joined forces with Facebook, YouTube and Twitter in an attempt to prevent harmful online content…

UN calls for investigation after Saudi crown prince implicated in hack of Jeff Bezos’ phone

January 23, 2020 4:11 AM CNN

UN experts said they are “gravely concerned” by information they have received suggesting that a WhatsApp account belonging to Saudi…