Walmart wants robots in stores. Target doesn’t
Walmart and Target are taking different approaches to adding robots in stores, a split that will have an impact on the companies’ massive…
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Amazon is delivering your packages faster, and that’s tanking its profits
Amazon is spending heavily to keep growing — and that appears to be making investors nervous. Amazon said Thursday that its profit for the three…
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Gaming star Shroud is leaving Twitch for Microsoft’s Mixer
Competition between Amazon’s livestreaming platform Twitch and Microsoft’s Mixer is heating up. Mega Twitch star Shroud announced…
Continue Reading Why ‘Late Night’ host Seth Meyers went on a hiring spree after Trump was elected
The election of Donald Trump has upended much of the media and entertainment industry and it was no different for “Late Night” host Seth…
Continue Reading In wake of 737 Max crisis, Southwest may end its all-Boeing policy
Every plane in Southwest Airlines’ fleet is a Boeing 737. But that may not be the case in the future. Southwest CEO Gary Kelly said that the…
Continue Reading Caffeine wants to livestream games and be bigger than Twitch
In the world of live-streamed video games, there’s Twitch and then there’s everything else. Twitch has the backing of Amazon, boasts more…
Continue Reading In race for holiday shoppers, retailers promise speedy deliveries and tech in stores
Walmart, Target and Best Buy this week rolled out plans to woo shoppers during the holidays, focusing on early deals, speedier deliveries and…
Continue Reading American Express just changed its most iconic card
The American Express Green Card is turning 50, and it’s showing its age, particularly compared to newer credit card rivals with attractive…
Continue Reading In just a few days, investors could take a stake in a space tourism company for the first time
Richard Branson’s Virgin Galactic is set to become the first publicly traded commercial human spaceflight company. It could go public as soon…
Continue Reading China is trying to bring America to its knees, Trump trade adviser says
The US-China trade war is rocking America’s manufacturing industry. It’s denting profits for major companies like Hasbro and Caterpillar.…
Continue Reading The man who saved the euro bows out amid ‘unprecedented’ dissent at Europe’s central bank
In the final weeks of Mario Draghi’s tenure as president of the European Central Bank, the challenges awaiting his successor, Christine…
Continue Reading Zuckerberg said Facebook helped Black Lives Matter. Activists disagree and are bracing for 2020
Mark Zuckerberg last week invoked Black Lives Matter in explaining why he believes it’s so important to allow free expression on Facebook. But…
Continue Reading The UK once hoped for an American-style fracking boom. It’s not happening
The United Kingdom once hoped that fracking would unlock its shale energy reserves, enhancing the country’s energy security and creating jobs…
Continue Reading Twitter is in trouble. Its stock plummeted 20%
Twitter’s once-hot stock is cratering in premarket trading after the company added plenty of new users but struggled to sell advertising to…
Continue Reading The US just moved ahead of China in quantum computing. But the race isn’t over yet
Sometimes being first isn’t all it’s cracked up to be. Google raced past China this week in the quest for “quantum supremacy”…
Continue Reading Nokia shares crash 20% as it struggles to compete in the race to 5G
Nokia is struggling to keep pace with its rivals in the race to 5G. The Finnish telecoms equipment maker on Thursday cut its profit outlook for this…
Continue Reading 737 Max grounding will cost American and Southwest Airlines more than $1 billion
The grounding of the Boeing 737 Max will cost American and Southwest airlines at least $1 billion between them, the airlines reported Thursday. And…
Continue Reading Earnings season has clear winners (Tesla) and losers (Nokia)
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 Carlos Ghosn says prosecutors ‘colluded’ with Nissan and Japanese officials to bring him down
Attorneys for Carlos Ghosn are asking the Tokyo District Court to throw out charges against the former auto titan, citing “illegal…
Continue Reading SoftBank shares continue to fall after WeWork bailout
SoftBank shares continued to slide Thursday after the company announced its massive WeWork bailout. Shares were down another 2.8% in Tokyo, extending…
Continue Reading Four victim families reach a settlement with Boeing after Lion Air plane crash
Nearly a year after the Lion Air plane crash killed 189 people, four victim families reached a settlement with Boeing, the families’ attorney…
Continue Reading Looking back, and looking forward, one month into the Trump impeachment probe
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Nancy Pelosi…
Continue Reading He revolutionized how millions of people spend money in India. His next target: America
To say that Vijay Shekhar Sharma is ambitious is an understatement. The founder of Paytm, India’s largest digital payments company, has already…
Continue Reading Tesla shares soar on surprise profit
Tesla was back in the black during the third quarter of 2019. The electric car maker on Wednesday posted a surprise profit of $342 million. Wall…
Continue Reading Ronan Farrow apologizes after comments on Fox’s handling of sexual harassment angered former employees
Ronan Farrow, the Pulitzer Prize-winning journalist who has extensively reported on sexual misconduct in the media industry, apologized on Wednesday…
Continue Reading Microsoft Azure growth rate continues to slow
Microsoft’s Azure cloud business is once again growing at a slower rate. In reporting earnings for its fiscal first quarter on Wednesday,…
Continue Reading Ford posts strong earnings but cuts outlook
Ford, which is likely the next US automaker to face negotiations with the United Auto Workers union, reported strong earnings Wednesday. But the…
Continue Reading Mark Zuckerberg grilled by Congress over Libra and political ads policy
Mark Zuckerberg conceded on Wednesday that there is a scenario in which Facebook might have to rethink its involvement in its controversial…
Continue Reading Mark Parker to step down as Nike CEO after 13 years
Mark Parker will step down as Nike’s CEO next year after 13 years leading the footwear company, Nike announced Tuesday. Parker, 64, has been a…
Continue Reading WeWork’s disgraced CEO is getting a massive payout. Now workers await their own fate
Current and former staffers at WeWork are outraged that former CEO and cofounder Adam Neumann would get a massive payout after he all but ran the…
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