American Airlines suspends change fees for canceled trips
In another sign of cratering travel demand, American Airlines is suspending the fees it charges to change or cancel a flight. Although American…
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Jack Welch, former GE CEO, is dead
Jack Welch, who led General Electric through 20 years of its greatest financial success, has died. He was 84. Welch became CEO of GE in 1981 and led…
Continue Reading American Airlines employees are wearing new uniforms
American Airlines is debuting new uniforms for 50,000 of its front-line employees, replacing its previous collection that some employees said…
Continue Reading Wendy’s breakfast menu launches today, so it’s giving away free sandwiches
Wendy’s has entered the free breakfast wars. To celebrate the launch of its new breakfast menu, the fast-food chain is giving away a free Honey…
Continue Reading Coronavirus anxiety is devastating Chinese businesses in New York City
Coronavirus panic continues to pummel the Chinese business sector in New York City as fear of the deadly disease drives people away from east Asian…
Continue Reading The travel industry is suffering its worst shock since 9/11 because of coronavirus
It’s one of the largest industries in the world, with $5.7 trillion in revenue. It is responsible for an estimated 319 million jobs, or roughly…
Continue Reading Coronavirus is helping Netflix, Amazon and other ‘stay at home’ stocks
The coronavirus outbreak has led to worldwide travel restrictions, and a growing number of people are being encouraged to work from home. The stocks…
Continue Reading Stocks got slammed. Here’s what history suggests happens next
Last week’s coronavirus-fueled meltdown on Wall Street rivaled some of the scariest moments in modern history: The Great Depression, Black…
Continue Reading A trade deal with America will not compensate Britain for the loss of EU benefits
A free trade deal with the United States could add just $4.3 billion to the UK economy over the next 15 years, the British government estimated…
Continue Reading ‘Judge Judy’ is coming to an end after 25 seasons
Courtroom reality show “Judge Judy” is coming to an end after 25 years, CNN has confirmed. Host Judy Sheindlin initially revealed the…
Continue Reading The power, and limits, of Pete Buttigieg’s ‘press-friendly strategy’
Pete Buttigieg reached the top tier of Democratic presidential candidates through a combination of skill, substance, timing, and savvy media…
Continue Reading What global central banks are saying about coronavirus
Central banks around the world are trying to keep investors calm as the coronavirus outbreak continues to deliver blows to financial markets and the…
Continue Reading McDonald’s is giving away free Egg McMuffins just as Wendy’s launches breakfast
Wendy’s is finally entering the breakfast battle this week, so McDonald’s is trying to throw a knockout blow. McDonald’s has deemed…
Continue Reading Twitter is being targeted by an activist shareholder seeking to replace Jack Dorsey
Hedge fund Elliott Management Corp. has obtained a large stake in Twitter and is advocating for changes, including possibly replacing CEO Jack…
Continue Reading Dow futures swung more than 1,000 points overnight
US stock futures and markets in Europe fell Monday despite reassurances from the world’s central banks that they stand ready to help limit the…
Continue Reading Valorant, League of Legends studio’s first shooter game, is coming this summer
Riot Games, the video game studio behind one of the world’s biggest PC games, “League of Legends,” is revealing more details about…
Continue Reading Coronavirus is plunging the global economy into its worst crisis since 2009
The coronavirus is plunging the world economy into its worst downturn since the global financial crisis, according to the Organization for Economic…
Continue Reading Nokia names new CEO after missing 5G opportunity
Nokia is replacing its CEO as the telecom equipment company struggles to keep pace with its rivals in the global rollout of 5G. The Finnish company…
Continue Reading Central banks aren’t the answer to coronavirus fears
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Following a…
Continue Reading New packaging and plant-based fish: How Bumble Bee tuna is trying to make a comeback
It may not seem like the best time to be in charge of Bumble Bee. The canned tuna industry has faced all manner of scandals over the past several…
Continue Reading Chinese officials are taking control of troubled airline operator HNA
Chinese authorities are stepping in to run one of the country’s largest conglomerates as it struggles to overcome a massive debt crisis made…
Continue Reading China’s factories just had a historically terrible month because of the coronavirus
China’s factories are reeling from the novel coronavirus outbreak. Manufacturing activity in the country fell to record lows last month,…
Continue Reading How health officials and social media are teaming up to fight the coronavirus ‘infodemic’
As health officials in a growing number of countries fight to slow the spread of the novel coronavirus, they’re also working to stem a…
Continue Reading ‘The Invisible Man’ is another horror hit for Universal
Scaring moviegoers continues to be a good business strategy for Universal Pictures. “The Invisible Man,” the Comcast-owned studio’s…
Continue Reading ‘SNL’ spoofs Mike Pence’s new role leading coronavirus response
“Saturday Night Live” opened this week’s episode by having Vice President Mike Pence, played by Beck Bennett, take on the…
Continue Reading Oil prices are dropping fast. Can OPEC come to the rescue?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. From stocks…
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East El Paso County strip club shut down after raid turns up unlicensed bar and illegal drugs; employee arrested
EL PASO, Texas — A strip club in east El Paso County has been shut down following a raid by state troopers and other law enforcement agencies that…
Continue Reading George Clooney ‘saddened’ by allegations of Nespresso child labor
Oscar-winning actor George Clooney says Nespresso still has “work to do” after an investigation claimed to uncover child labor at six of…
Continue Reading Trader Joe’s founder Joe Coulombe dies at age 89
Joe Coulombe, founder of the popular Trader Joe’s grocery chain that brought affordable wine and unusual food to millions of Americans, has…
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Dow plunges nearly 4,000 points this week amid Coronavirus fears
NEW YORK — Stocks fell again Friday in another wild day, leaving Wall Street with its worst week since October 2008 as coronavirus fears spread.…
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