Amazon has 5 days to save its big bet on UK food delivery
Amazon’s play for the UK food delivery market is in doubt after Britain’s competition regulator said the company’s planned…
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Facebook promised transparency on political ads. Its system crashed days before the UK election
Tens of thousands of political ads went missing from Facebook’s archive this week, according to researchers, just days before voters go to the…
Continue Reading Saudi Aramco shares spike after historic market debut
Saudi Aramco shares increased 10% when they began trading on Wednesday, capping a stock market debut that shattered records but failed to achieve the…
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A real estate company surprised employees with $10 million in bonuses at a holiday party
When a Maryland real estate company handed out red envelopes to employees during the annual holiday party on Saturday, no one knew what to expect. So…
Continue Reading Why the Fed is about to become a ‘sideshow’
Happy Wednesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right…
Continue Reading 19 CEOs who quit or were fired in 2019
The CEO position was more volatile than ever in 2019. A record number of chief executives left their positions this year, according to a report from…
Continue Reading The number of journalists jailed for their work is near record highs
At least 250 journalists were in jail in relation to their work as of December 1, nonprofit group the Committee to Protect Journalists said…
Continue Reading Schumer calls out Trump’s ‘fictions’ and Fox’s ‘known liars’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Senate Minority…
Continue Reading Asian stocks struggle for direction without more progress on a US-China trade deal
Stocks in Asia struggled for direction Wednesday as investors received mixed signals ahead of another round of US tariffs on Chinese goods expected…
Continue Reading Here’s why the Fed may not be done cutting rates
The Federal Reserve will leave interest rates where they are when it meets Wednesday. With traders pricing in a nearly 98% chance that rates will…
Continue Reading Luggage startup Away’s CEO is stepping down
Luggage startup Away confirmed Monday that co-founder Steph Korey would be stepping down from her role as CEO following a scathing report into the…
Continue Reading Apple’s new Mac Pro could cost you more than $52,000
Apple’s new Mac Pro is about to go on sale. The top-of-the-line Mac, anticipated by power users for its jaw-dropping specs, and by Apple design…
Continue Reading Verizon Media plans to lay off 150 people this week
Verizon Media Group is laying off 150 staffers this week, which means the telecom company’s 2019 is ending much in the same way it started.…
Continue Reading Trade has put markets in a chokehold
The US stock market cared about only one thing this year: trade. So why were stocks so calm Tuesday following headlines about tariff delays and the…
Continue Reading The dirtiest UK election ever? Here are some of the lowest moments of the campaign
Dirty tricks are as much a feature of elections as a campaign button. But this year’s UK election has seen troubling levels of disinformation…
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Court clears ExxonMobil of misleading investors about cost of climate change
A New York judge Tuesday ruled that ExxonMobil did not mislead investors about how it accounted for the cost of climate change regulations. The suit,…
Continue Reading Jeremy Corbyn will nationalize UK utilities in 100 days. ‘Simply huge’ changes loom if Labour wins the election
Whoever wins this week’s UK election, there’s more at stake for businesses and investors than at any time since the 1970s — and…
Continue Reading Why Netflix may need to cut prices and run ads
Netflix executives have repeatedly said the company will not run ads to generate more revenue. But with competition getting more intense, one Wall…
Continue Reading Why you won’t fly on a 737 Max again for quite some time
Nobody knows for sure when Boeing will be able to secure approval to return the 737 Max to the skies. What’s certain is no passengers will fly…
Continue Reading Suspected Russian hand in UK election serves as warning to US for 2020
Leaked documents, provenance unknown, that seem to cast a political party in a negative light, appear online at a critical moment in an election…
Continue Reading CVS faces a $3.6 million penalty for failing to redeem recyclable containers in California
California is slapping CVS with a $3.6 million fine for not following state recycling laws. The action penalizes CVS Health Corp. for failing to…
Continue Reading Magic Leap is pitching its AR headset to businesses — just like Microsoft
More than a year since releasing its first augmented reality headset to developers, Magic Leap is now wooing companies with new enterprise-geared…
Continue Reading Facebook clashes with Justice Department over encryption
Facebook is resisting calls by Attorney General William Barr to delay the company’s rollout of encryption technology across its platforms,…
Continue Reading Why the Washington Post’s Afghanistan investigation is such a big deal
The Washington Post’s publication of US government papers about the 18-year-long Afghan war is being compared to the Vietnam-era Pentagon…
Continue Reading Ted Baker CEO Lindsay Page resigns as profits slump
Ted Baker’s nightmare year just got much worse. Shares in the fashion retailer plunged as much as 35% on Tuesday after the company slashed its…
Continue Reading The UK economy is at a standstill. Here’s how Jeremy Corbyn and Boris Johnson want to change that
The UK economy ground to a halt in the three months leading up to the end of October, official data show. The political parties competing in…
Continue Reading 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…
Continue Reading 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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