Hong Kong expects first annual recession since 2009 as protests rage
The Hong Kong government is warning that six months of increasingly violent mass protests will cause the economy in the Asian financial hub to shrink…
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Meet the Facebook executive who wants you to trust him with your money
The night of June 18, David Marcus and his team at Facebook pulled an all-nighter as they prepared for a big company announcement the next day.…
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Alibaba says the ‘future of Hong Kong remains bright’ as it kicks off share sale
Hong Kong’s financial markets are getting a boost of confidence from Alibaba’s multibillion-dollar public offering. The Chinese…
Continue Reading Fox’s prime time stars are telling Trump that the impeachment hearings are a ‘disaster’ for Democrats
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. I wanted to know what…
Continue Reading Ratings for first impeachment hearing show healthy interest and a serious partisan divide
On the first day of the televised impeachment hearings against President Trump, the two most popular TV news channels were the two mostly closely…
Continue Reading As El Paso’s Cielo Vista Walmart reopens, residents find healing after the horror
EL PASO, Texas — Erika Contreras still shivers whenever she drives by or pumps gas near the Cielo Vista Walmart in El Paso where an assailant…
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El Paso Walmart’s temporary ban on outdoor fundraising causes ‘Hanksgiving’ organizers to rely on community donations
EL PASO, Texas — In light of the August 3rd Walmart shooting, El Paso Walmart stores temporarily suspended outside fundraising. This change in…
Continue Reading Facebook signed a lease for 30 floors of office space in New York’s Hudson Yards
Facebook signed a lease for more than 1.5 million square feet of office space in New York City’s Hudson Yards. The lease includes 30 floors and…
Continue Reading US-China trade deal negotiations hit another snag
President Donald Trump was supposed to sign a partial trade deal with Chinese President Xi Jinping next week, but negotiations over the final text…
Continue Reading How social media set the agenda in the first impeachment hearing
America’s first presidential impeachment process in the age of viral online politics began with out-of-context tweets, internet conspiracy…
Continue Reading The worst isn’t over yet for Kraft Heinz
Kraft Heinz was crushed like an overripe tomato Thursday after Goldman Sachs cut its rating on the struggling food company to a “sell,”…
Continue Reading Elizabeth Warren is calling out billionaires on their turf — and they don’t like it
Elizabeth Warren is taking her clash with billionaires to their home turf. The Democratic presidential candidate launched an ad buy Thursday on CNBC,…
Continue Reading Consumer Reports restores ‘recommended’ ratings to Tesla Model 3 and Model S
Consumer Reports has restored its coveted “recommended” rating to the Tesla Model S and Model 3, because Tesla has made its cars more…
Continue Reading The new Motorola Razr is $1,500 but OMG I must have it
It’s a flip phone in an age when no one makes calls anymore. The camera isn’t great. The battery life stinks. The screen is plastic. The…
Continue Reading Elizabeth Warren criticizes how Goldman Sachs handled Apple Card bias claims
Allegations of Apple Card gender bias have rankled one of Goldman Sachs’ biggest critics: Elizabeth Warren. The Senator and Democratic…
Continue Reading SpaceX test fires Crew Dragon spacecraft ahead of first astronaut mission
SpaceX’s Crew Dragon spacecraft test fired its emergency abort engines this week, indicating the vehicle could soon be ready for its final…
Continue Reading The one-trick tech pony is dead
The rise and fall of Fitbit on Wall Street is a cautionary tale for other one-trick pony techs. Fitbit makes activity trackers and smartwatches that…
Continue Reading Instagram is now testing hiding likes worldwide
Some Instagram users around the world will have to kiss their likes goodbye. On Thursday, Instagram announced it is now expanding its months-long…
Continue Reading Gannett shareholders approve GateHouse merger
Hundreds of local newspapers are now under one umbrella company, making it the largest US media company by print circulation and completing a deal…
Continue Reading Why Tesla doesn’t scare the fracking industry
Midland, Texas, home of the boom in US oil and natural gas production, is more than 300 miles from the nearest Tesla store, but it feels even farther…
Continue Reading Supreme Court debates merits of black media mogul’s discrimination suit against Comcast
Attorneys for Entertainment Studios founder and CEO Byron Allen and Comcast engaged in a contentious back and forth with US Supreme Court justices on…
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WeWork’s losses doubled to $1.25 billion last quarter
The extent of WeWork’s woes is still coming to light. WeWork reported a net loss of $1.25 billion in the most recently completed quarter, a…
Continue Reading Smith & Wesson will become a standalone gun business
American Outdoor Brands has announced plans to split its firearms unit, Smith & Wesson, from its outdoor products business, citing “changes…
Continue Reading Twinkies is being turned into a breakfast cereal
More than six years after a Twinkies shortage gripped the United States, the sweet snack is stronger than ever and taking on new forms. Post is…
Continue Reading Walmart surges heading into holidays
Walmart notched another quarter of strong sales growth and raised its expectations for the holiday shopping season. “We’re prepared for a…
Continue Reading Tencent vs. Alibaba: Why one Chinese titan is slumping while the other soars
Chinese giant Tencent is in a slump. The company’s stock fell 2.3% in Hong Kong on Thursday, making it the day’s worst performer on the…
Continue Reading Recession fears recede in Germany but the global economy is still fragile
Happy Thursday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right…
Continue Reading Huawei phones are still red hot in China. But the Google app ban is hurting sales overseas
Huawei’s smartphone sales are still soaring, but only in China. That’s a big blow for a company that just a few months ago was in pole…
Continue Reading Late night takes on the first day of impeachment hearings
“It’s finally here.” That’s how CBS’ Stephen Colbert kicked off “The Late Show” on Wednesday night before…
Continue Reading Asian markets mixed after China data disappoints
Asian stocks were mixed Thursday after China reported economic data that was weaker than expected. While China’s Shanghai Composite Index…
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