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…
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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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Protests are rattling Hong Kong. But companies aren’t abandoning the city yet
The political unrest in Asia’s premiere financial hub has taken a dark, violent turn this week. But the turmoil is not scaring investors and…
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Walmart manager seeks to ‘move forward’ with reopening of Cielo Vista store after mass shooting
EL PASO, Texas — “Moving forward,” that’s the message from the Ceilo Vista Walmart store’s general manager Robert Evans. He sat down Wednesday…
Continue Reading FBI busts $6 million iPhone and iPad counterfeit ring
The FBI busted a counterfeit ring centered on iPhones and iPads that reportedly cost Apple over $6.1 million. The scheme involved importing more than…
Continue Reading This Silicon Valley company will pay you $10,000 to leave the Bay Area
Tired of the absurdly high rent you have to pay to live in the Bay Area? Well, you might be in luck. A Silicon Valley startup is offering qualified…
Continue Reading Here’s how much money Virgin Galactic lost so far this year
Virgin Galactic, which recently became the world’s first publicly traded space tourism venture, posted its inaugural earnings report Wednesday,…
Continue Reading Facebook has shut down 5.4 billion fake accounts this year
So far this year, Facebook has shut down 5.4 billion fake accounts on its main platform, but millions likely remain, the social networking giant said…
Continue Reading Disney+ has hit 10 million subscribers since launching on Tuesday
A day after its big launch, Disney announced that its new streaming service Disney+ has amassed 10 million subscribers. This number seems to back up…
Continue Reading Americans now have a record $14 trillion in debt
US households are now sitting on a record $14 trillion in mortgages, credit cards, student loans and other forms of debt. Household debt ticked up…
Continue Reading Tesla is closing out 2019 with a bang
Tesla is one of the most polarizing companies on the planet. Fans of the electric car company and CEO Elon Musk think Tesla will reinvent the mass…
Continue Reading Google wants to be your bank: It will soon offer checking accounts
Silicon Valley continues to invade your wallet. Google plans to offer checking accounts to customers starting next year, a source familiar with…
Continue Reading Fed chairman says US growth threatened by trade wars and global sluggishness
Federal Reserve Chairman Jerome Powell on Wednesday depicted a robust US economy with a healthy job market and rising incomes, but warned of…
Continue Reading Minecraft Earth is available in the US for fans hoping to play the AR game early
Minecraft fans, the wait is over: Minecraft Earth is finally here. The famed sandbox-styled game released an early access version of its long awaited…
Continue Reading Elon Musk says Tesla will build cars in Berlin
Less than three weeks after starting trial production of cars in China, Tesla has announced the location of its second factory outside the United…
Continue Reading Alibaba wants to raise billions by listing its shares in Hong Kong
Chinese e-commerce giant Alibaba has announced plans to raise up to $13.4 billion by issuing shares in Hong Kong, a vote of confidence in the Asian…
Continue Reading A viral $75 Costco coupon is fake, Costco says. (So please stop reposting it)
That $75 Costco coupon floating around Facebook that seems too good to be true is, in fact, too good to be true. The company debunked the coupon scam…
Continue Reading These companies are revolutionizing how people get paid
The majority of Americans live paycheck to paycheck, and getting paid every two weeks can lead to problems when unexpected bills show up. But help is…
Continue Reading Apple finally redesigns MacBook Pro keyboard after years of criticism
Apple is finally introducing a replacement to its butterfly keyboard after years of customer complaints. The company announced on Wednesday a large,…
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