Troubled tuna seller Bumble Bee files for bankruptcy
Bumble Bee Foods filed for bankruptcy on Thursday, blaming its “recent and significant legal challenges.” Taiwanese fish supply chain…
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Monsanto pleads guilty to illegally spraying banned pesticide in Maui
Agrochemicals company Monsanto, a unit of Bayer AG, has agreed to pay $10.2 million in fines and plead guilty to spraying a banned pesticide on…
Continue Reading Tesla’s Cybertruck has become the butt of every internet joke
Just when it seemed like things couldn’t get worse for Tesla after the botched unveiling of its Cybertruck, the internet weighed in. Tesla had…
Continue Reading Democrats blast Google’s new rules for political ads
The three major Democratic committees blasted Google on Friday for an ad policy that will allow politicians to run false ads across its platforms,…
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Some Google Stadia customers say their Chromecasts are overheating
Google’s new Stadia gaming service is hot — in more ways than one. Some gamers accessing the new cloud gaming platform through a Google…
Continue Reading Angry savers emailed Janet Yellen: We’re getting crushed by low rates
Rock-bottom interest rates have pumped up stock prices, knocked down mortgage rates and supported the creation of countless unicorns in Silicon…
Continue Reading US regulators rule that China’s Huawei and ZTE threaten national security
American regulators voted to impose new restrictions on subsidies for American telecom companies Friday. The ruling is designed to constrain Chinese…
Continue Reading Indian cafe chain customers upset by use of facial recognition to bill them
An Indian cafe chain popular for its chai drinks is under fire for using facial recognition software to bill its customers, with some taking to…
Continue Reading Shepard Smith slams vilification of the press in first remarks since leaving Fox News
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Shep Smith was back…
Continue Reading Google has changed its political ad policies. Now come the really hard questions
In announcing new limits on political advertising Wednesday, Google took aim at an issue that a growing cross-section of business leaders, government…
Continue Reading The $4 trillion force propelling US stocks to record highs
The Federal Reserve’s rescue of the overnight lending market appears to be having an unintended side effect: it’s juicing the stock…
Continue Reading The US-China trade war isn’t getting better. This week showed why it could get worse
The US-China rivalry isn’t easing off — it may, in fact, be about to get even more intense. That’s keeping the business world on edge.…
Continue Reading Edible Arrangements is selling CBD-infused edibles. This is not a joke
Edible Arrangements has finally reached nirvana. The company is rolling out a new CBD-infused product line that is appropriately titled Incredible…
Continue Reading After Fiona Hill dismantles conspiracy theories, right-wing media goes on the attack
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Appearing before…
Continue Reading It’s ‘Groundhog Day’ for the trade-war-obsessed markets
Every day the alarm clock rings, and the same will-they-get-a-trade-deal-with-China debate grips the markets. The only difference from the 1993 movie…
Continue Reading The world could be headed for a Great Stagnation
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 IBM computer struggles in Cambridge debate on the dangers of AI
IBM’s fast-talking AI machine was the major attraction of a sell-out debate at Cambridge University on Thursday. But while it might have been…
Continue Reading The world’s best pension system is being pushed to the brink
Record low interest rates are forcing the world’s best pension system to take drastic action aimed at staving off cuts to payouts that were…
Continue Reading Huawei will soon be able to buy from some US suppliers again
Huawei suppliers in the United States are about to find out whether they can restart sales to the beleaguered Chinese company. The US Department of…
Continue Reading Asian markets broadly rise on trade deal optimism
Asian markets have been see-sawing this week on signals from US-China trade negotiations, and mostly edged up on Friday after fresh signs that the…
Continue Reading The first Shanghai-made Teslas are now rolling out across China
Tesla fans in China can now take a test drive in a Model 3 made in Shanghai. The first Chinese-made Tesla cars started arriving Friday in the…
Continue Reading Brick and mortar stores are hurting many retailers, but Nordstrom is pushing them as key to the company’s future
The growth of e-commerce has gutted many traditional retailers and led to the shuttering of brick-and-mortar stores. In response, many retail…
Continue Reading Victoria’s Secret is canceling its fashion show
Victoria’s Secret parent company L Brands confirmed on Thursday that it will not air its fashion show this year after falling ratings and…
Continue Reading Janet Yellen on the economy: ‘There is good reason to worry’
Janet Yellen is concerned the US-China trade war may end the longest economic expansion in American history. Yellen, the first woman to ever lead the…
Continue Reading Microsoft delays launch of earbuds intended to rival Apple AirPods
Microsoft is pushing back the launch of its new Surface Earbuds, meaning it will miss the crucial 2019 holiday shopping season. The delay is a…
Continue Reading Trump wants Apple to be ‘building’ 5G. Here’s why that’s unlikely
President Donald Trump tweeted yesterday after a visit the manufacturing facility in Austin Texas where Apple’s Mac Pro is made. His comments…
Continue Reading WeWork’s former CEO got a massive payout. Now 2,400 employees are losing their jobs
WeWork said Thursday it is laying off about 2,400 employees globally as part of a broader effort to cut costs and find a viable path forward after a…
Continue Reading MSNBC’s Democratic debate was the least-watched so far
Wednesday’s Democratic debate, the fifth this year, was the least-watched debate of this election cycle. The ratings for MSNBC were down more…
Continue Reading USA Today sued by fired digital sales director for pregnancy discrimination
A former USA Today digital sales director has sued the newspaper for allegedly discriminating and retaliating against her after she told her managers…
Continue Reading Jake Burton Carpenter, the founder of Burton Snowboards, has died
Jake Burton Carpenter, the snowboarding pioneer and founder of Burton Snowboards, passed away from complications related to cancer. He was 65. The…
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