Walmart takes a step toward owning the food chain
America’s biggest retailers are pushing back against this country’s largest meat processors. The future of the nation’s food chain…
Continue ReadingBiz/Tech
McDonald’s closes restaurants in five Chinese cities because of the coronavirus
McDonald’s has closed restaurants in five Chinese cities and is implementing new health protocols in the region as the deadly coronavirus…
Continue Reading Papyrus, another mall staple, is closing all its stores
Papyrus, a mall staple that’s best known for selling stationery and upscale greeting cards, is going out of business. Schurman Fine Paper,…
Continue Reading Exclusive: This site pays Americans to write ‘news’ articles. Signs indicate it originates in Iran
American Herald Tribune bills itself as a “genuinely independent online media outlet.” Set up in 2015, it publishes in English and pays…
Continue Reading ‘No smoking gun’: Bezos hacking report leaves cybersecurity experts with doubts
The explosive forensic analysis that concluded Amazon CEO Jeff Bezos was hacked is coming under scrutiny from independent security experts,…
Continue Reading The Wuhan virus is the last thing China’s economy needs right now
China’s economy is slumping and the country is still suffering the effects of the trade war with America. An outbreak of a new and deadly virus…
Continue Reading A man diagnosed with Wuhan coronavirus near Seattle is being treated largely by a robot
The first person diagnosed with the Wuhan coronavirus in the United States is being treated by a few medical workers and a robot. The robot, equipped…
Continue Reading Instead of airing the impeachment trial, Fox News fed viewers pro-Trump opinion in prime time
Executives at Fox News shielded the channel’s audience on Wednesday night from the impeachment trial proceedings playing out in the United…
Continue Reading Canadian judge weighing whether to extradite Huawei’s Meng Wanzhou to United States
A Canadian federal judge declined to make an immediate ruling on whether Huawei CFO Meng Wanzhou’s extradition process should move forward,…
Continue Reading Asian stocks quiet on Lunar New Year’s eve after a turbulent week
Asian markets were muted Friday on the eve of Lunar New Year celebrations, signaling caution after a broad sell-off the previous day over growing…
Continue Reading California wants mandatory QR Codes for cannabis businesses
California is doubling down on plans to use QR Codes in its fight against illicit cannabis sales. The California Bureau of Cannabis Control on…
Continue Reading
Tinder adds a panic button for dates that go wrong
Tinder is following in Uber’s lead in adding in-app safety features for dates that become unsafe. The dating app is adding new safety features,…
Continue Reading CEO of Sonos, a speaker manufacturer, says company will continue to support older products, despite previous statements
Sonos, a company known for its wireless speakers, announced earlier this week that certain older products would lose software support come this May.…
Continue Reading 23andMe slashes 14% of workforce amid slump in DNA testing market
23andMe, an at-home DNA testing company, is laying off 100 people, or about 14% of its workforce, the company confirmed to CNN Business on Thursday.…
Continue Reading Months later, The Hill has yet to complete review of John Solomon’s columns at center of impeachment
More than two months after announcing a review of his work, The Hill newspaper has yet to complete its promised evaluation of columns written by John…
Continue Reading The 737 Max grounding cost Southwest $828 million in 2019
Southwest Airlines reported a sharp drop in profit in the fourth quarter because of the continued grounding of the Boeing 737 Max. It said it will…
Continue Reading Is E-Trade the odd man out in the online broker world?
The online brokerage world changed dramatically last year after every major firm eliminated commissions and powerhouses Charles Schwab and TD…
Continue Reading Former Wells Fargo CEO banned from banking industry and fined $17.5 million
Former Wells Fargo CEO John Stumpf on Thursday agreed to a lifetime ban from the banking industry and a $17.5 million fine for his role in leading…
Continue Reading Longtime PBS NewsHour anchor Jim Lehrer is dead at 85
Jim Lehrer, the legendary debate moderator and former anchor of the “NewsHour” television program, died Thursday. He was 85.…
Continue Reading ‘Cats’ box office disaster tanks Universal’s profit
Universal took a pretty big hit last quarter largely because of the box office disaster that was “Cats.” The film adaptation of the hit…
Continue Reading GrubHub has a solution to its delivery problems: Takeout
GrubHub is getting crushed by competition, so it’s fighting back with a new service that targets diners who want to pick up their food instead…
Continue Reading Uber prepares to test its self-driving cars in Washington, DC
Uber is laying the groundwork to bring its self-driving cars to the nation’s capital. The ridesharing company said Thursday that it will begin…
Continue Reading Trump zeroes in on his next trade target: Europe
Having negotiated agreements of sorts on trade with China, Mexico, Canada, South Korea and Japan, President Donald Trump is now turning to his next…
Continue Reading Europe’s negative rates under scrutiny as bankers call for change
Under growing pressure over record low interest rates, the European Central Bank has decided it’s time to give its unconventional policies…
Continue Reading Xerox launches a hostile takeover bid for HP
Xerox is dropping the niceties. It really, really wants to merge with HP, and it has gone hostile. The copier company said Thursday it will nominate…
Continue Reading Goldman Sachs’ new rule: At least 1 woman on the board or you can’t go public
Goldman Sachs won’t take companies public anymore unless they have at least one “diverse” board member, the bank’s CEO David…
Continue Reading Mr. Peanut is dead for some reason
Mr. Peanut, the 104-year old mascot of the Planters snack food company, has died after sacrificing himself in what appears to be a traumatic road…
Continue Reading Fairway files for bankruptcy with a plan to keep some stores open
Fairway Market, the New York grocery staple known for its gourmet food and packed stores, said Thursday that it filed for bankruptcy with a plan to…
Continue Reading President Trump faces removal from office. Markets: ‘Ho, hum’
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. President…
Continue Reading A new text message scam is disguising itself as a FedEx notification
It’s an exhilarating feeling we can all relate to — FedEx notifying you that your package has been delivered. But before you mindlessly…
Continue Reading