Why top investors think it’s time to dump US stocks
Happy Tuesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right…
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A new Nike swimwear line includes a swim hijab
Nike’s Victory Swim Collection will include a full-coverage swimsuit and a swim hijab. The line, announced Tuesday, will be available globally…
Continue Reading Asian markets mixed after soaring pork prices push China’s inflation rate to eight-year high
Hong Kong and Chinese stocks slipped on Tuesday after official statistics indicated China’s consumer inflation rose by the quickest pace in…
Continue Reading Google under investigation for recent firing of four employees
Google is under investigation by the US government over its labor practices and the firing of several employees. The National Labor Relations Board…
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Christmas sweater with Santa and cocaine forces Walmart to apologize
Walmart Canada is saying sorry for making available a Christmas sweater with an apparent drug reference. The sweater featured an image of Santa Claus…
Continue Reading SoftBank gives up on dog-walking startup Wag after investing $300 million
SoftBank raised eyebrows nearly two years ago when it pumped a staggering $300 million into a dog-walking startup called Wag. Now, after a series of…
Continue Reading Morgan Stanley is cutting about 1,500 jobs
Morgan Stanley is cutting approximately 1,500 jobs because of concerns about economic uncertainty around the world, a person familiar with the matter…
Continue Reading SpaceX wants to beam internet from space. This could be its biggest hurdle
SpaceX wants to be your next Wi-Fi provider. It’s hoping to build a constellation of satellites to deliver cheap, lightning-quick broadband…
Continue Reading Amazon claims Trump interfered with Pentagon contract in order to hurt Jeff Bezos
Amazon alleged on Monday that President Donald Trump abused his position to apply “improper pressure” on Pentagon decision-makers to stop…
Continue Reading NASA says moon rocket could cost as much as $1.6 billion per launch
After nearly a decade of funneling money into a project to build a gargantuan rocket that NASA hopes will return astronauts to the moon, the launch…
Continue Reading LinkedIn is getting serious about eco-friendly buildings
Many Silicon Valley companies want to reduce their carbon footprint, but some are doing so from the ground up. LinkedIn is using a more…
Continue Reading T-Mobile and Sprint head to court to defend their merger
Attorneys general from more than a dozen states are flexing their legal muscles in a landmark trial that could block T-Mobile’s $26 billion…
Continue Reading Climate change could wipe $2.3 trillion off global stocks
Policies designed to combat climate change could permanently slash the value of companies around the world by up to $2.3 trillion. That’s…
Continue Reading Bill Hemmer to succeed Shep Smith as Fox’s afternoon news anchor
Bill Hemmer will succeed Shepard Smith as the anchor of Fox News Channel’s 3 p.m. news program, the network said on Monday. The show will be…
Continue Reading Paul Volcker, former Fed chairman who fought inflation, dies at 92
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was…
Continue Reading Apple is the best Dow stock this year. Will there be an encore in 2020?
Apple CEO Tim Cook shocked investors on January 2 by warning of slowing iPhone sales in China. Apple’s stock plunged 10% the next day, dragging…
Continue Reading Pot company Canopy chooses CFO of top investor to be new CEO
The legal cannabis industry in Canada and several states in America has been going through some growing pains. That’s a key reason why industry…
Continue Reading Virgin Galactic’s stock could soar 726%, Morgan Stanley says
Virgin Galactic’s stock is soaring after an analyst said its space planes could one day disrupt the air travel industry, potentially raking in…
Continue Reading The year that tech went dark
The team at Pinterest felt it had to go dark to do right by its users. At a time when social networks are plagued by toxic content, misinformation…
Continue Reading SoftBank’s Masa Son still trusts his gut and isn’t done splashing billions on ‘crazy’ entrepreneurs
Just a few weeks ago Masayoshi Son was smarting from having to bail out one of his big investments. Now he’s reminding his critics of another…
Continue Reading A new theory on what shocked the overnight lending market
When turmoil erupted in the US overnight lending market in September, it came as a big surprise. The spike in overnight borrowing rates forced the…
Continue Reading The takeover battle for food delivery startup Just Eat is escalating
South African tech investor Naspers has sweetened its hostile bid for Just Eat, valuing the UK online food delivery company at $6.7 billion and…
Continue Reading Lord & Taylor is returning to New York with a pop-up store
Lord & Taylor is reopening in New York less than a year after shuttering its flagship department store. But the new store will only be open for a…
Continue Reading President Donald Trump treated as the loser among the NATO cool kids in ‘Saturday Night Live’ cold open
US President Donald Trump was literally not allowed a seat at the table in the “Saturday Night Live” cold open. Trump, played by Alec…
Continue Reading A new theory on what shocked the overnight lending market
Happy Monday. 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 China reportedly bans foreign technology in its government and public offices
China is reportedly planning to ban all government offices and public institutions from using foreign software and computers in a move that could…
Continue Reading Kennedy Center Honors celebrates the influence of Sesame Street
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Television is…
Continue Reading Asia markets seesaw as cautious traders look for potential trade deal
Asian markets seesawed on Monday as traders cautiously await the progress on a trade deal before the December 15 deadline for a new round of US…
Continue Reading Editorial boards of Los Angeles Times and Boston Globe call for Trump’s impeachment
The editorial boards at two of America’s top newspapers have called for President Trump’s impeachment in recent days. “Impeach the…
Continue Reading Apple may be ditching the lightning charging cable for some iPhones by 2021, analyst says
After more than seven years, it could soon be time to bid farewell to Apple’s lightning charging cable. The company may ditch the charging…
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