The recession in global car sales shows no sign of ending
The global auto industry plunged deeper into recession in 2019, with sales dropping more than 4% as carmakers struggled to find buyers in China and…
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Pharmaceutical stocks spike after China reports new coronavirus cases
Chinese pharmaceutical stocks skyrocketed Monday as China reported more than 100 new cases of pneumonia caused by a new strain of coronavirus. A…
Continue Reading Lotte Group founder Shin Kyuk-ho dies at 98
Lotte Group founder Shin Kyuk-ho, the billionaire tycoon who turned a chewing gum business into a sprawling corporate empire, died on Sunday in…
Continue Reading Oil and gas companies will only survive the climate crisis if they spend more now
The oil and gas industry needs to work harder and faster to tackle the climate crisis if it wants to remain profitable, a leading energy group says.…
Continue Reading China has announced a new plan to crack down on most single-use plastics by 2025
The Chinese government has announced a new plan to crack down on plastic pollution across the country by 2025, including a ban on single-use plastic…
Continue Reading 22 men own more wealth than Africa’s 326 million women, Oxfam says
Global inequality is “out of control” because of biased economic systems that exclude many women while allowing billionaires to amass…
Continue Reading Meng Wanzhou’s court battle is the start of another critical year for Huawei
Huawei’s chief financial officer will be in a Canadian court this week for a highly anticipated hearing. It’s a major step toward…
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Pork markets to become a big winner in the US-China trade truce
Just a day after the United States and China signed a phase one trade deal, the US Department of Agriculture released a report that delivers another…
Continue Reading Norway says its new giant oil field is actually good for the environment. Critics call it climate hypocrisy
It’s not a boast you usually hear about an oil field: Norway says its huge new facility is great for the environment. The oil-rich nation…
Continue Reading SpaceX’s Crew Dragon completes fiery emergency escape test ahead of first astronaut mission
After months of anticipation, SpaceX’s new crew-worthy spacecraft, Crew Dragon, reached its last major milestone in a years-long testing…
Continue Reading ‘Bad Boys For Life’ wins the box office with huge holiday weekend
Sony has revamped some of its franchises to big box office numbers in recent years. Spider-Man swung back into action with blockbuster numbers at the…
Continue Reading SpaceX’s readies for last major Crew Dragon test after previous attempt delayed by weather
After months of anticipation, SpaceX’s new crew-worthy spacecraft, Crew Dragon, is finally prepped for its last major test before astronauts…
Continue Reading This US bond will hit markets for the first time in decades. Here’s why
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The US…
Continue Reading ‘Dolittle’ battles bad reviews and ‘Bad Boys For Life’ at the holiday box office
Universal kicked off 2020 with a big box office win thanks to “1917” — the award-winning World War I drama. The film not only dethroned…
Continue Reading Gas heating is the biggest threat to Britain’s climate goal
The United Kingdom made history last year when it became the first major economy to commit to pumping no more greenhouse gases into the atmosphere…
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Whatawedding! Whataburger giving away free weddings on Valentine’s Day
SAN ANTONIO, Texas – Whata better time and place to get married than Whataburger? Six lucky couples will have the chance to tie the knot under the…
Continue Reading Best Buy opens investigation into allegations of misconduct by CEO
Best Buy is investigating allegations of misconduct against its CEO Corie Barry, a company spokesperson said on Friday. The board launched the review…
Continue Reading Beyoncé’s Ivy Park x Adidas’ line drops online and sends the internet into a frenzy
Queen Bey’s latest wardrobe arrived a day early and it’s already breaking the internet. A limited supply of clothes and shoes from…
Continue Reading Capitol Hill press corps shows support for Manu Raju after GOP senator’s smear
The Capitol Hill press corps on Friday rallied behind Manu Raju, CNN’s senior congressional correspondent, after Republican Sen. Martha McSally…
Continue Reading Disney drops ‘Fox’ name and will rebrand its movie studio as ’20th Century’
20th Century Fox is an icon of Hollywood history. Its epic fanfare title card has appeared in front of “The Sound of Music,” “Star…
Continue Reading Boeing discovers issue with 737 Max flight computers, source says
Boeing’s troubled 737 Max has run into a new glitch. During a recent technical review involving the Max, Boeing observed an issue with the…
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Pier 1 Imports to close 1 of 3 El Paso stores as part of nationwide cuts
EL PASO, Texas — Amid faltering sales as it struggles to draw consumers and compete online, Pier 1 Imports is closing one of its three El Paso…
Continue Reading Top Democrats go to war with Facebook and Zuckerberg
A few years ago, then President Barack Obama was appearing at dinner and on stage with Facebook CEO Mark Zuckerberg, and Nancy Pelosi was heaping…
Continue Reading Finding success in the cannabis industry sometimes means not mentioning cannabis
High Style Brewing had big expansion plans for its cannabis business. But it hit a major snag: Its name wasn’t legal in Nevada. Instead of…
Continue Reading The market’s earnings losing streak may be about to end
Earnings season is off to a strong start. We haven’t been able to say that in a long time. JPMorgan Chase, Citigroup, BlackRock and Morgan…
Continue Reading Nestlé is spending billions to create a market for recycled plastics
Food companies trying to reduce their consumption of plastic have a big problem — it’s hard to find suitable recycled material. Nestlé says…
Continue Reading Tim Cook is a cautionary tale for CEOs trying to get close to Trump
Apple CEO Tim Cook has spent years building up reserves of goodwill with the White House — meeting President Donald Trump for dinners, showing him…
Continue Reading Here are the movies and shows coming to Peacock
Peacock, NBCUniversal’s new streaming service, comes with a colorful library that has a bit of everything. The service, which was introduced on…
Continue Reading America just had its best month for new home construction in 13 years
Americans are in the market to buy houses again. New home construction rose nearly 17% in December, soaring to a level not seen since before the…
Continue Reading As impeachment captures attention, Trump tries to shift focus to the economy
Over two days and two trade victories, President Donald Trump tried to turn the spotlight from impeachment to the economy. Exaggerating the strong…
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