Will movies delayed by coronavirus shift to streaming? Not so fast
Hollywood is in a bind. Studios are stuck postponing major film releases because of coronavirus, and though it might seem like an obvious next step…
Continue ReadingBiz/Tech
Here’s what could really sink the global economy: $19 trillion in risky corporate debt
Companies have spent the years since the global financial crisis binging on debt. Now, as the coronavirus pandemic threatens to push the world into…
Continue Reading Apple temporarily shuts stores outside Greater China
Apple will close all stores outside of Greater China until March 27 to help stop the spread of coronavirus, Apple CEO Tim Cook said Saturday. The…
Continue Reading Wall Street volatility is here to stay
It was another crazy week on Wall Street as investors grapple with the coronavirus pandemic. There were so many “worst day since…”…
Continue Reading Bill Gates is leaving Microsoft and Berkshire Hathaway’s boards
Bill Gates is stepping down from the boards of Microsoft and Berkshire Hathaway. In a press release Friday, Microsoft announced that its 64-year-old…
Continue Reading Grubhub suspends collecting up to $100 million in fees from struggling restaurants amid coronavirus crisis
Thousands of American restaurants struggling to stay in business amid the nation’s growing novel coronavirus pandemic have one less thing to…
Continue Reading Saudi Arabia has launched the ultimate oil power play. Here’s what it stands to gain
Saudi Arabia has abandoned efforts to support crude prices and is now preparing to flood global markets with huge volumes of cheap oil, a stunning…
Continue Reading Savers are getting destroyed by super low interest rates
Bond yields are at record lows. That’s great news if you want to borrow money right now but it’s terrible for anyone trying to save by…
Continue Reading Vendors, ushers, other hourly workers pay the price for sports’ coronavirus shutdown
Thursday was supposed to be the best day of the year for Gerard Cerda. Instead it was one of the worst. He and his wife both ended up losing their…
Continue Reading ESPN and other sports networks need to fill their air now that coronavirus put live sports on hold
The coronavirus pandemic has ravaged the sports world, leading to suspensions or postponements of games and major sporting events. But without live…
Continue Reading Andrew Gillum apologizes after being found ‘inebriated’ in hotel room where police say man was treated for ‘possible drug overdose’
Andrew Gillum, the former Democratic candidate for governor of Florida and a CNN political commentator, apologized on Friday after he was found…
Continue Reading Delta announces its biggest flight capacity cuts in history — even deeper than after 9/11
Delta Air Lines announced major cuts to its capacity Friday because of the coronavirus. The company said it is facing worse conditions and making…
Continue Reading US airlines will continue their European flights for another week
US airlines will continue to fly from Europe for nearly another week, even though European visitors will be banned from coming to the United States…
Continue Reading Minecraft hosts uncensored library full of banned journalism
A popular video game has become home to a virtual library where players can lay eyes on censored news articles from around the world. In a virtual…
Continue Reading
Shoppers rush to east El Paso Costco store to stock up in wake of virus, creating long lines and low supplies
EL PASO, Texas — With the spreading coronavirus comes fears, and lots of stockpiling. Long lines outside the doors and into the parking lot of an…
Continue Reading Online sales of hand sanitizer and other ‘virus protectors’ spiked over 800% this year in the US
American shoppers have been racing to stock up on hand sanitizer and other supplies as the coronavirus outbreak spreads. Online sales of “virus…
Continue Reading AT&T tells employees to work from home
Wireless giant AT&T, the owner of CNN, is directing employees to work from home if they can, joining some of the country’s other biggest…
Continue Reading Apple’s massive WWDC developer event will be online-only this year
Apple is shifting its annual Worldwide Developers Conference to an online format because of the coronavirus outbreak, it announced Friday. WWDC…
Continue Reading Bitcoin has lost 30% of its value this week
Bitcoin remained highly volatile Friday — even as the stock market posted a solid rebound. The price of one bitcoin fell 3% in early morning…
Continue Reading Finding God online: People turn to live-streaming religious services during coronavirus pandemic
In a typical year, Purim is a festive occasion. The Jewish holiday, which took place earlier this week, is marked by the reading of the Megillah, or…
Continue Reading Global stocks pull back from the edge after historic sell-off
A historic wave of selling in global stock markets eased on Friday as nervous investors looked to central banks and governments for support as the…
Continue Reading
One man lost his life savings in a SIM hack. Here’s how you can try to protect yourself
Robert Ross was sitting in his San Francisco home office in October 2018 when he noticed the bars on his phone had disappeared and he had no cell…
Continue Reading One man lost his life savings in a SIM hack. Here’s how you can try to protect yourself
Robert Ross was sitting in his San Francisco home office in October 2018 when he noticed the bars on his phone had disappeared and he had no cell…
Continue Reading The great shutdown of 2020: How newsrooms and media companies are adapting
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. September 11.…
Continue Reading Wall Street had a dreadful day. More may be on the way
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. It was a day…
Continue Reading It took three years, but here’s how she got 14,000 McDonald’s stores to switch to fresh beef
If you’ve eaten a McDonald’s Quarter Pounder recently, you may have noticed that it tastes better than it used to. That’s because…
Continue Reading CEO of huge UK company says he has coronavirus
The chief executive of BT, Britain’s biggest telecoms group, has tested positive for the novel coronavirus and will work remotely over the next…
Continue Reading Cruise lines Princess and Viking halt all cruises as coronavirus spreads
Princess Cruises will halt global operations of its 18 cruise ships for two months, after two of its ships carried passengers who were diagnosed with…
Continue Reading Walt Disney World closes, paralyzing the company’s tourism empire
Disney’s tourism business has come to a halt because of the coronavirus. Disney is closing Walt Disney World, its flagship theme park resort in…
Continue Reading Pentagon ‘wishes to reconsider’ $10 billion contract given to Microsoft over Amazon
The US Department of Defense on Thursday said it wishes to re-evaluate its decision to award the Pentagon’s multibillion-dollar cloud contract…
Continue Reading