‘Cats’ box office disaster tanks Universal’s profit
Universal took a pretty big hit last quarter largely because of the box office disaster that was “Cats.” The film adaptation of the hit…
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GrubHub has a solution to its delivery problems: Takeout
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…
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Uber prepares to test its self-driving cars in Washington, DC
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…
Continue Reading Trump zeroes in on his next trade target: Europe
Having negotiated agreements of sorts on trade with China, Mexico, Canada, South Korea and Japan, President Donald Trump is now turning to his next…
Continue Reading Europe’s negative rates under scrutiny as bankers call for change
Under growing pressure over record low interest rates, the European Central Bank has decided it’s time to give its unconventional policies…
Continue Reading Xerox launches a hostile takeover bid for HP
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…
Continue Reading Goldman Sachs’ new rule: At least 1 woman on the board or you can’t go public
Goldman Sachs won’t take companies public anymore unless they have at least one “diverse” board member, the bank’s CEO David…
Continue Reading Mr. Peanut is dead for some reason
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…
Continue Reading Fairway files for bankruptcy with a plan to keep some stores open
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…
Continue Reading President Trump faces removal from office. Markets: ‘Ho, hum’
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. President…
Continue Reading A new text message scam is disguising itself as a FedEx notification
It’s an exhilarating feeling we can all relate to — FedEx notifying you that your package has been delivered. But before you mindlessly…
Continue Reading Hallmark Channel parent company CEO exits one month after same-sex marriage ad backlash
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…
Continue Reading These brands spend nearly $100 billion on ads. They want Facebook and Google to raise their game
Some of the world’s biggest advertisers have joined forces with Facebook, YouTube and Twitter in an attempt to prevent harmful online content…
Continue Reading UN calls for investigation after Saudi crown prince implicated in hack of Jeff Bezos’ phone
UN experts said they are “gravely concerned” by information they have received suggesting that a WhatsApp account belonging to Saudi…
Continue Reading The rich have had enough of negative interest rates. Some are pulling cash out of Swiss banks
Banks are meant to hold cash. But in Switzerland, some rich savers are looking for alternatives. Swiss private bankers say that clients have asked to…
Continue Reading Chinese stocks just had their worst day in more than eight months as the coronavirus spreads
Stocks in China just had their worst day in more than eight months as a deadly virus spreads across the country, causing officials to partially lock…
Continue Reading Sick of high drug prices, insurers join hospitals to make their own generic medications
Everyone complains about high drug prices. But hospitals — and now insurers — are trying to lower costs by manufacturing their own generic…
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Hundreds of new jobs coming to Santa Teresa Industrial Park
SANTA TERESA, New Mexico — The Santa Teresa Industrial Park scored another victory for the Borderland. Along with the 200 jobs from last year,…
Continue Reading Canadian prosecutors lay out case for why Huawei CFO Meng should be extradited to the United States
Canadian prosecutors on Wednesday laid out the country’s case for why Huawei finance chief Meng Wanzhou should be extradited to the United…
Continue Reading Jeff Bezos’s phone hacking explained: What you need to know for your own security
The explosive conclusion by cybersecurity consultants and United Nations officials that the richest man in the world, Amazon CEO Jeff Bezos, was…
Continue Reading Waze fixes app after police say it left drivers stranded on unpaved roads 45 miles away from the casino they were trying to reach
Gone are the days of printing out directions or following physical maps. If you’re trying to go somewhere and need directions, there are plenty…
Continue Reading FedEx Ground Sunday delivery to begin this weekend
FedEx said it will start delivering packages through its new Sunday ground service this weekend as it competes with Amazon and other courier…
Continue Reading Boeing won’t wait for FAA approval to start building 737 Max again
Boeing plans to restart the production of the troubled 737 Max months before regulators approve the plane to fly again, CEO Dave Calhoun said…
Continue Reading GM and Honda unveil self-driving car with no steering wheel or pedals
GM and Honda, automakers with more than 160 years of experience between them, have thrown tradition out the window by unveiling the Origin, a new…
Continue Reading This social network wants you to interact IRL, but may spark a new privacy concern
For many people, social media is synonymous with endless scrolling, constant distractions and blatant attempts to rack up comments, likes and views.…
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GOP leader chides Lujan Grisham for ignoring oil in speech
SANTA FE, New Mexico — New Mexico’s leading House Republican said he found it “disrespectful” that Gov. Michelle Lujan Grisham failed to…
Continue Reading Cable, not broadcast, is the main stage for Trump’s impeachment trial
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. So much has changed…
Continue Reading The biggest esports facility in the US has training rooms, an apparel shop and lavish gaming chairs
Gaming company 100 Thieves has built the biggest esports facility in the United States. Located in Culver City, Los Angeles, the 15,000-square-foot…
Continue Reading CVS co-founder Ralph Hoagland III is dead at 86
Ralph Hoagland III, a serial entrepreneur who helped create CVS, America’s largest drug store, died Friday. He was 86. Hoagland died from…
Continue Reading Prince Charles: We need a new economic model or the planet will burn
Only a revolution in the way the global economy and financial markets work can save the planet from the climate crisis and secure future prosperity,…
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