After a tough few months for McDonald’s, new CEO makes his public debut
After fewer than three months at the helm of the company, McDonald’s CEO Chris Kempczinski will address investors and analysts during the first…
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Jimmy Kimmel ditched his studio audience for a somber tribute to Kobe
Jimmy Kimmel’s late night show usually opens with laughter, but on Monday night there was nothing to laugh about. Monday’s episode of…
Continue Reading UK will allow Huawei to help build its 5G network despite US pressure
The British government said Tuesday that it will allow China’s Huawei to help build the country’s next generation of super-fast wireless…
Continue Reading Huawei just dodged a bullet in the UK. Europe is the next showdown
Huawei has been granted a limited role in building Britain’s 5G network, allowing the company to maintain its presence in a crucial market…
Continue Reading This grocery store wanted to compete with Whole Foods. Now it’s going bankrupt
Lucky’s Market, the niche grocery chain that bills itself as “organic for the 99%,” filed for bankruptcy protection Monday, the…
Continue Reading Renault tries to leave the Carlos Ghosn era behind by hiring an outsider as CEO
Renault has picked an outsider as its next CEO as the carmaker seeks to draw a line under the Carlos Ghosn scandal, address looming threats to its…
Continue Reading These American brands have the biggest exposure to China’s economy
Several major American companies with big investments in China are preparing themselves for potential disruption from the spread of the deadly Wuhan…
Continue Reading 3M is cutting 1,500 jobs in a global restructuring
Industrial conglomerate 3M is laying off 1,500 workers globally as the company looks to restructure. 3M announced the job cuts, which amount to a…
Continue Reading MacKenzie Bezos dumped a ton of Amazon stock
MacKenzie Bezos has unloaded about $370 million worth of her Amazon shares. Bezos received about 19.7 million shares of Amazon, equal to 4% of…
Continue Reading FDA to Purell: Stop claiming your hand sanitizers eliminate Ebola and the flu
The US Food and Drug Administration is giving the maker of Purell products a stern warning: Stop making unproven claims that over-the-counter hand…
Continue Reading One of the biggest names in cannabis is falling behind in paying vendors
Cannabis dispensary operator MedMen Enterprises had aspirations to be the biggest, most premium player in the emerging industry. It opened locations…
Continue Reading Uber suffers another blow as it loses McDonald’s delivery monopoly in the UK
Uber Eats has lost the exclusive rights to make about 15 million McDonald’s deliveries each year in the United Kingdom. The food delivery…
Continue Reading Harley-Davidson’s stock tanks as motorcycle sales continue to slide
Harley-Davidson has a big problem. Americans aren’t riding its trademark hogs nearly as much as they used to do. Shares of Harley-Davidson fell…
Continue Reading Chipotle cited with 13,253 child labor law violations in Massachusetts
Chipotle agreed to pay a $1.3 million fine for more than 13,000 child labor violations at several of its Massachusetts locations. The state’s…
Continue Reading US airlines offer to change China flights for free for another month as coronavirus spreads
US airlines are giving customers more time to change their flights to China without incurring fees as the deadly coronavirus continues to spread, and…
Continue Reading These stocks are getting hit by coronavirus fears
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. European…
Continue Reading McDonald’s is fighting the breakfast war with chicken sandwiches
McDonald’s is trying to cash in on Americans’ growing appetite for chicken sandwiches while upping its game in the increasingly…
Continue Reading Casper’s sales are surging but it can’t stop losing money
Mattress startup Casper has big ambitions to become a publicly traded wellness company. The problem is it can’t stop losing money. The company…
Continue Reading Asian stocks are hammered again by virus fears. US and European markets are recovering
Worries over the Wuhan coronavirus caused further steep drops on markets in Asia on Tuesday. But stocks in Europe and the United States are bouncing…
Continue Reading State Department drops NPR from Pompeo trip after Ukraine dust-up
Secretary of State Mike Pompeo appears to be escalating his criticism of NPR — this time not just with words but with actions. On Monday NPR…
Continue Reading Washington Post criticized for suspending reporter over Kobe Bryant tweets
The Washington Post was criticized on Monday for placing one of its reporters on administrative leave after she generated controversy for a series of…
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Airbnb reports huge jump in El Paso bookings last year, says it’s not hurting local hotels
EL PASO, Texas — Home-sharing website Airbnb said Monday that El Paso area homeowners saw a huge increase in rentals of their homes and spare rooms…
Continue Reading The Sikorsky S-76B was built to carry VIPs like Kobe Bryant. Here’s what we know about the helicopter
CALABASAS, California — The Sikorsky S-76B that crashed in California, killing Kobe Bryant and eight others, is a “workhorse” with…
Continue Reading John Bolton goes from Fox News contributor to subject of criticism
Fox News personalities are questioning the motives of their former longtime colleague John Bolton after an explosive New York Times story said that…
Continue Reading Dow tumbles more than 450 points as the coronavirus outbreak worsens
The Dow tumbled on Monday, as US stock nosedived on news of the continuing global spread of coronavirus. It was one of the worst day in months for…
Continue Reading Stocks tanked on coronavirus fears. But the companies that make your cleaning products got a boost
Stocks fell to their lowest levels in months Monday on the spread of coronavirus. But the companies that make your cleaning products are rallying.…
Continue Reading Gold heading to $2,000? Prices surge on global fear
Gold was one of the few investments heading higher Monday as worries about the coronavirus outbreak led to a steep market slide. Gold is now up more…
Continue Reading Planters dials back on Mr. Peanut’s death following Kobe Bryant news
Kraft Heinz is pausing promotion for its Super Bowl ad that shows the death of longtime Planters mascot Mr. Peanut following the helicopter crash…
Continue Reading Bar Louie files for bankruptcy and closes one-third of its restaurants
Bar Louie, a restaurant chain known for its cocktails and burgers, has filed for bankruptcy and closed dozens of locations. The company announced…
Continue Reading Oil prices have fallen 10% as coronavirus raises fears for global growth
China’s coronavirus outbreak has rattled oil markets, sending prices sharply lower as investors worry that efforts to prevent it spreading will…
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