Investors may be overly complacent about 2020
There is an eerie sense of calm on Wall Street heading to the end of the year. It’s the inverse of last year’s December market panic.…
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Joy to the world: Amazon users stream billions of hours of holiday music
‘Tis the season for holiday tunes, and Amazon Alexa users are here for it — billions of hours of it. So far this holiday season, Amazon…
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The Rise of Iger: Disney stock is on fire this year, but who will be next CEO?
It’s been a magical year for Disney. The stock is up nearly 35%. The movie studio already has six billion dollar box office smashes, with…
Continue Reading Passengers watch Boeing Starliner launch from airplane windows
Xavier Cummings works with rockets every day in his job as a NASA contractor, but he’s never seen a launch like this. Cummings was on a…
Continue Reading Boeing’s Starliner encounters a problem: Spacecraft won’t reach the space station on uncrewed test flight
Boeing’s Starliner spacecraft failed to put itself on the correct course during an uncrewed test flight on Friday and will not reach the…
Continue Reading Former Orange CEO gets jail term for ‘harassment’ linked with employee suicides
French telecom company Orange and its former CEO were found guilty on Friday of “institutional moral harassment” that the court said…
Continue Reading The rise of ‘grocerants’: Grocery stores that cook you dinner
Supermarkets want to convince customers to visit stores for lunch or dinner — not just for a grocery haul. For decades, grocery stores have…
Continue Reading US Steel is closing a Detroit-area steel mill and laying off 1,500 workers
US Steel is closing a mill near Detroit, laying off workers and cutting its dividend. The troubled company is trying to reverse operating losses it…
Continue Reading It took 10 years. Americans finally believe the economy is good
The old saying “time heals all wounds” applies to the economy. Stung by the Great Recession, it has taken a decade for many Americans to…
Continue Reading IAC may have found its next big thing after Match
So you met your dream partner on Tinder, got hitched and now plan on having kids. Internet conglomerate IAC, which just revealed plans Thursday to…
Continue Reading How Dish Network plans to become a cell phone company in 2020
Dish Network Chairman Charlie Ergen believes his company could be a significant competitor in the US consumer wireless business. Ergen testified over…
Continue Reading Washington Post editor Marty Baron says critics are distorting ‘Merry Impeachmas’ photo
The Washington Post says that a photo of its reporters unwinding after a long day of impeachment proceedings is being misconstrued by Trump White…
Continue Reading Wawa says malware may have collected customer card info
If you bought something with a credit or debit card from a Wawa convenience store in the last nine months, your personal information might have been…
Continue Reading 3M is a dog of the Dow — and it may not get better in 2020
Investors apparently haven’t left themselves too many Post-its to remind themselves to buy 3M stock. Shares of 3M are down nearly 12% this…
Continue Reading Why the WeWork debacle hasn’t killed off big venture capital deals
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 For Spotify, music might not actually be the key to success
The music-streaming space is competitive and crowded, with Apple, Google, Amazon, Pandora, Tidal, iHeart Radio and dozens more battling for ears. But…
Continue Reading Laura Whitmore announced as new ‘Love Island’ host
Irish TV presenter Laura Whitmore will replace Caroline Flack as the host of “Love Island,” commercial TV network ITV confirmed on…
Continue Reading Andrew Bailey is a safe choice to lead the Bank of England in uncertain times
The United Kingdom has picked a safe pair of hands — the country’s top financial regulator — to succeed Mark Carney as Bank of England…
Continue Reading Chinese shoppers are spending more at home. Tiffany has big plans to cash in
Tiffany has been playing catch-up in China, and its CEO isn’t shy about saying it. The 182-year-old New York jeweler — which was recently…
Continue Reading China’s central bank kept a key lending rate on hold
Asian markets were mixed Friday while China held steady on its new benchmark lending rate. Hong Kong’s Hang Seng Index was last up 0.4%, while…
Continue Reading Boeing to launch Starliner capsule built for NASA astronauts on final uncrewed test flight
A spacecraft built by Boeing will launch a milestone test flight Friday in what could be the last major step in a long-running mission to once again…
Continue Reading Facial recognition systems show rampant racial bias, government study finds
Federal researchers have found widespread evidence of racial bias in nearly 200 facial recognition algorithms in an extensive government study,…
Continue Reading Robinhood trading app fined for ‘failures’
Nothing is free, not even free trading. That point was driven home by “failures” uncovered by regulators at zero-commission trading app…
Continue Reading U.S. House passes Trump’s trade deal with Mexico and Canada
WASHINGTON, DC — The U.S. House of Representatives on Thursday passed President Donald Trump’s revised North American Free Trade…
Continue Reading Sean Hannity to write book for Simon & Schuster
Sean Hannity, the conservative radio personality and Fox News host who has been one of President Trump’s most ardent supporters, is working on…
Continue Reading Publishers prepare for new California law that puts limits on freelance journalists
Freelance journalists in California will either be out of work or face limitations on how much content they can produce for one publication. Those…
Continue Reading Boeing’s 737 Max production halt gives S&P, Moody’s pause
Boeing’s credit rating was trimmed by Moody’s and Standard & Poor’s, as the rating agencies said the aircraft maker’s…
Continue Reading IMAX had its best year yet, raking in more than $1 billion
Hollywood had a down year at the box office. Instead of going to traditional theaters, many moviegoers are streaming from the comfort of their…
Continue Reading ‘Fox & Friends’ gives its most powerful viewer some post-impeachment affirmation
There was one consistent theme on President Trump’s favorite morning show on the day after he was impeached: This historic rebuke will actually…
Continue Reading Facebook to ban census suppression on its platforms
Facebook said Thursday it will soon ban misinformation about the 2020 census in a bid to “promote an accurate count of every person in the…
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