Three rate cuts in a row? Investors hope it’s true
Happy Sunday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.…
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A scam targeting Americans over the phone has resulted in millions of dollars lost to hackers. Don’t be the next victim.
Pieter Gunst, 34, received what he thought was a credible phone call from his bank. But in a matter of minutes, Gunst realized the call was anything…
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Trump ordered Mattis to ‘screw Amazon’ on Pentagon contract, according to new book
A new biography of former Defense Secretary James Mattis reports President Donald Trump personally got involved in who would win a major $10 billion…
Continue Reading The Model Y could be a game changer for Tesla
Tesla’s stock enjoyed its biggest spike in six years this week after the automaker reported an unexpected third quarter profit. But that might…
Continue Reading Here’s what you need to know about SpaceX’s Starlink internet service
SpaceX is on a mission to beam cheap, high-speed internet to consumers all over the globe. And this week the company revealed a few earthly locations…
Continue Reading Facebook News launches with Breitbart as a source
When Mark Zuckerberg announced that Facebook was developing a section for news, he said it would be devoted to curating “high quality”…
Continue Reading The strong dollar is hurting the global economy
The world economy is slowing. In past recessions, fast-growing emerging markets have helped bail out the global economy. But there’s one thing…
Continue Reading Trump Organization explores selling DC hotel
The Trump Organization is considering selling its three-year-old hotel in downtown Washington, DC, that’s been a focus of ongoing complaints…
Continue Reading Pentagon awards controversial $10 billion cloud computing contract to Microsoft in Amazon snub
Microsoft has won a hotly contested contract to provide cloud computing services to the Defense Department, besting Amazon in a months-long…
Continue Reading ‘Call of Duty: Modern Warfare’ won’t be slowed down by Activision Blizzard’s recent controversy
“Call of Duty: Modern Warfare” is out and hopes are high that video game publisher Activision Blizzard has scored another big hit. The…
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‘Joker’ becomes the highest-grossing R-rated film ever
“Joker,” the gritty comic book film about the origins of the crazed Batman villain, has become the highest-grossing R-rated film of all…
Continue Reading The long General Motors strike is finally over, as workers approve labor deal
The long General Motors strike is finally over, as members of the United Auto Workers union voted in favor of a four-year labor deal to end the…
Continue Reading Crispy, spicy and hugely popular: Why chicken sandwiches are taking over America
Months after this summer’s brief but brutal fried chicken sandwich battle, rivals are diligently plotting to win the longer war. Popeyes, which…
Continue Reading Jeff Bezos is dangerously close to losing his title as the ‘world’s richest person’
Pour one out for Jeff Bezos because the Amazon founder is precariously close to losing his title of world’s richest person to Bill Gates. Bezos…
Continue Reading The S&P 500 falls short of new record high as the US reports trade deal progress with China
US stocks climbed Friday on hopes for progress on the “phase one” trade deal between the United States and China, but the S&P 500…
Continue Reading Overnight lending market drama continues, forcing the Fed to pump in more and more cash
The New York Federal Reserve has vowed to ease the turmoil that erupted last month in the overnight lending market. Keeping that promise is proving…
Continue Reading Facebook News launches in testing phase as local newsrooms fear being left behind
Facebook has a message for the skeptical news industry: We’re here to help. On Friday, the company is publicly introducing Facebook News, a new…
Continue Reading Google is getting better at understanding your awkwardly phrased searches
Google is rolling out new technology to improve the results it serves up when you type in a search query, though you might not even notice. On…
Continue Reading Citigroup appoints Jane Fraser its new president, putting her in line to be first woman CEO of a major bank
Citigroup CEO Michael Corbat on Thursday named Jane Fraser the bank’s new president, as well as its new CEO of Global Consumer Banking. The…
Continue Reading Budweiser brewer hit by slumping sales in China
Anheuser-Busch InBev is running into trouble in China. The world’s largest brewer on Friday downgraded its annual earnings outlook after weak…
Continue Reading Boeing promises to change 737 Max software as Indonesia releases Lion Air crash report
Boeing said Friday that it is addressing safety recommendations raised by Indonesian investigators about its 737 Max aircraft to ensure that a fatal…
Continue Reading Mike Pence blasts the NBA and Nike
The United States and China may be moving toward a “phase one” trade deal, but a hawkish speech by Vice President Mike Pence on Thursday…
Continue Reading Chipotle looks to TikTok to reach out to millennials and Gen Z customers for Halloween
Every Halloween Chipotle celebrates the holiday with discounts for customers who buy their meals while in costume, a 19-year-old promotion it calls…
Continue Reading Offshore wind could power the world
Offshore wind turbines could generate enough electricity to power every home and business on Earth, according to a report published on Friday. The…
Continue Reading Should you buy a piece of your favorite sports team?
Buy me some peanuts and Cracker Jack — and a piece of your favorite baseball team while you’re at it? Major League Baseball will soon…
Continue Reading Mike Pence keeps the pressure on China and Nike
Happy Friday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.…
Continue Reading TikTok could threaten national security, US lawmakers say
TikTok, the viral short video app where millions of teens post comedy skits set to snappy music hooks, is facing a growing backlash in the United…
Continue Reading Tesla has just started making cars in China. Europe could be next
Tesla CEO Elon Musk is pushing ahead with global expansion plans after beating his deadline to start making cars in China. The company told investors…
Continue Reading SoftBank’s stock is having its worst week in nearly three months
SoftBank’s stock is having its worst week since early August. The stock is down 1.5% Friday morning, putting SoftBank on pace for its fourth…
Continue Reading Maserati distances itself from Asian ‘Oscars’ in Taiwan under pressure from China
Another Western company has been plunged into damage control mode because of tensions with China. Italian luxury car brand Maserati said in a…
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