The US-China ‘phase one’ deal will unwind some tensions, but not much else
The United States and China seem just about ready to sign off on a “phase one” trade deal. And while the latest show of progress could…
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China’s version of WeWork stumbles on road to IPO as big banks drop out
Like WeWork before it, Chinese office sharing company Ucommune is facing hurdles in its attempt to go public. Citigroup and Credit Suisse have…
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The pound and UK stocks surge as Boris Johnson scores a big election win
UK stocks and the pound shot higher after British Prime Minister Boris Johnson secured an election victory that clears the way for Britain to quickly…
Continue Reading Qantas picks Airbus over Boeing to carry out the world’s longest flights
Qantas is choosing Airbus over Boeing as a partner to fly the world’s longest passenger routes. It’s yet another blow to the embattled…
Continue Reading Asian stocks jump as an initial US-China trade deal moves closer toward reality
Stocks in Asia popped on news that US and Chinese negotiators have agreed in principle to an initial “phase one” trade deal, cooling…
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Man arrested after active shooter scare at Silver City Walmart, but no injuries
SILVER CITY, New Mexico — A man was arrested on a theft-related charge by police following a report of shots fired that caused an active shooter…
Continue Reading Lyft is rolling out a car rental service
Lyft has spent years battling Uber in the ride-hailing market. Now, it’s taking on Hertz and Avis, too. The company announced a new service…
Continue Reading Get ready, Braves fans: Atlanta stadium will be renamed after Truist
Atlanta Braves fans will soon be watching baseball at the Truist stadium in sports. The name of SunTrust Park, the home of the Braves, will change to…
Continue Reading The world’s first 3D-printed neighborhood is being built in Mexico for families living on $3 a day
A giant 3D printer built two houses in an impoverished, rural part of Mexico last week, breaking ground on what will be the first 3D-printed…
Continue Reading Remember HQ Trivia? It’s trying to make a comeback
HQ Trivia brought joy — and some cash — to millions of people, but despite the game’s virality, the start-up behind it struggled.…
Continue Reading Stocks hit record highs as US, China reach tentative trade deal
US stocks raced to record highs Thursday on news that the United States and China reached a tentative trade deal. Earlier in the day, President…
Continue Reading Why the UK has such restrictive reporting laws on election day
As millions of voters leave their homes on Thursday and trudge towards polling stations on a cold, rainy December day, don’t expect to hear…
Continue Reading Why the Fed may need to slash rates to zero before the end of 2020
The Federal Reserve is strongly suggesting that interest rates are unlikely to budge much before the 2020 election. After three straight rate cuts,…
Continue Reading FTC may try to delay Facebook’s plan to integrate its apps, Wall Street Journal reports
Facebook’s stock took a dive on Thursday following a report that federal regulators may seek to prevent the company from more tightly…
Continue Reading ‘Peloton wife’ actress Monica Ruiz blames her face for the ad backlash
The Peloton wife has spoken, and from now on, she’d like to be known as anything but the star of the ad that exploded the internet’s…
Continue Reading Uber and other unicorns flopped on Wall Street this year. Will IPOs rebound in 2020?
In a year when the Dow Jones Industrial Average has risen almost 20%, shattering one record after another, some newly public companies have been left…
Continue Reading Facebook taps data to predict likely 2020 trends kimchi, milk baths and ‘plant parents’
Do you bathe in milk, gobble up kimchi or dress in getups straight out of the ’80s? If you don’t, you might soon — Facebook…
Continue Reading Priyanka Chopra and Nick Jonas are producing a reality wedding series for Amazon
Priyanka Chopra and Nick Jonas have teamed up with Amazon Studios to produce a new reality show about Indian weddings. The celebrity power couple,…
Continue Reading Apple Watch will soon track your Orangetheory workouts
Apple is flexing deeper into health and wellness with a new Orangetheory partnership. Customers at the boutique fitness studios will soon be able to…
Continue Reading ECB chief Christine Lagarde: I want to be the wise ‘owl’ of monetary policy
Christine Lagarde has a message for investors and the media: She’s going to do things her own way as president of the European Central Bank.…
Continue Reading Krispy Kreme owners donate $5 million to Holocaust survivors over family’s Nazi past
The family that owns well-known food brands like Krispy Kreme and Panera Bread announced a multi-million dollar charity donation after an…
Continue Reading Jobless claims suddenly jumped to a two-year high
The number of Americans filing for their first week of unemployment benefits suddenly jumped last week to the highest level in more than two years.…
Continue Reading Lizzo celebrates ‘Entertainer of the Year’ media accolades
Lizzo is feeling “good as hell” after being named Time magazine‘s 2019 Entertainer of the Year. The rapper-singer-flutist, known…
Continue Reading Pepsi’s new product has nearly twice as much caffeine as its regular soda
Like its rival Coke, Pepsi is launching a new coffee-infused cola. Pepsi Café, which also comes in a vanilla flavor, will hit shelves throughout the…
Continue Reading The world has its first $2 trillion company. But for how long?
Saudi Aramco shares zoomed higher on Thursday, turning the massive state oil producer into the world’s first $2 trillion company and achieving…
Continue Reading OPEC’s plan to boost oil prices may not work
The plan unveiled just last week by OPEC and allied oil producers to prop up crude prices could fall flat. Deeper production cuts by the cartel and…
Continue Reading Southwest Airlines to share proceeds from Boeing 737 Max agreement with employees
Boeing is going to be paying its airline customers billions of dollars to compensate for the months-long grounding of the 737 Max. At least one of…
Continue Reading Mario who? Christine Lagarde steps into the ECB spotlight
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 SoftBank’s troubles don’t end with Wag. Here are 5 more investments to watch closely
SoftBank’s decision to abandon its $300 million investment in dog-walking startup Wag has raised more questions about the strategy of its mega…
Continue Reading Europe is sending a robot to clean up space. Why is the junk there in the first place?
A self-destructing robot will be sent into orbit on the world’s first space cleanup mission, European scientists announced Monday, a fresh…
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