Macy’s is closing 28 stores and a Bloomingdale’s store
Macy’s is closing roughly more than two dozen stores as troubles mount for the storied retailer. The company confirmed to CNN Business that…
Continue ReadingBiz/Tech
‘Fox & Friends’ rally around Trump after missile attack: The Iranians are ‘terrified of us’
After three hours of “Fox & Friends” segments about Iran’s missile strikes at Iraqi bases housing US troops, co-host Ainsley…
Continue Reading
Fitness startup ClassPass is now a unicorn
ClassPass has muscled its way into the $1 billion startup club. The alternative gym and fitness studio startup said Wednesday that it has raised $285…
Continue Reading Major airlines divert flights from Iranian and Iraqi airspace
Major international airlines are canceling and re-routing flights in the Middle East after Iran fired more than a dozen missiles at two Iraqi…
Continue Reading US investors quickly shake off Iran’s missile strikes
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Iran has…
Continue Reading Fires, storms and floods cost $150 billion in 2019. More disasters are on the way
Hurricanes, wildfires and floods cost the world $150 billion in 2019 and losses for business and the economy are only expected to increase, because…
Continue Reading Apple customers spent $1.4 billion on the App Store in a single week
IPhone and iPad owners had quite the busy end to 2019. Apple customers spent $1.42 billion on apps between Christmas Eve and New Year’s Eve, a…
Continue Reading Stocks tumble after Iran attacks bases housing US troops in Iraq
Stocks tumbled Wednesday after Iran launched more than a dozen ballistic missiles at two Iraqi military bases that house US forces. Asian markets…
Continue Reading The Fox factor: How Trump’s favorite network could guide his Iran policy at a pivotal moment
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. When George W. Bush…
Continue Reading
Boeing 737 plane crashes in Iran shortly after takeoff, killing all 180 people aboard
TEHRAN, Iran — A Boeing 737-800 plane carrying 180 passengers and crew crashed shortly after takeoff from Imam Khomeini Airport in Tehran early…
Continue Reading Samsung stock rises on signs of a turnaround
Samsung said on Wednesday its operating profits likely fell 34% in the fourth quarter. But the forecast beat analysts’ estimates, signaling a…
Continue Reading
Texas Gov. Abbott warns of threat of cyber attacks in wake of Iran crisis
AUSTIN, Texas — Gov. Greg Abbott is warning Texans to be “particularly vigilant” over potential cyber-terrorism from Iran, suggesting…
Continue Reading
2 months after ransomware attack, Las Cruces Public Schools still crippled by limited internet access
LAS CRUCES, New Mexico — More than two months after a massive ransomware attack compromised the Las Cruces Public Schools network, a teachers’ union…
Continue Reading Perdue Farms’ new meat-packing foam dissolves in your sink
Perdue Farms will start packaging some of its meat products in a more earth-friendly way with compostable foam made of cornstarch that disintegrates…
Continue Reading CNN settles lawsuit with Nick Sandmann stemming from viral video controversy
CNN has settled a lawsuit with a Kentucky high school student who was at the center of a viral video controversy, a spokesperson for the news network…
Continue Reading Sonos sues Google for allegedly infringing on its smart speaker technology
Sonos is suing Google, claiming that its popular smart speakers infringe on five of Sonos’ patents. Sonos alleges that Google stole its…
Continue Reading Uber and Hyundai team up to put flying taxis in the sky
Uber and Hyundai unveiled a flying taxi that may eventually transform your ridesharing trips. At the Consumer Electronics Show in Las Vegas Monday,…
Continue Reading Why Netflix is partnering with Goop and its controversies
Netflix debuted a trailer on Monday for its latest original series, “The Goop Lab,” and even though the six-episode series doesn’t…
Continue Reading Top Facebook exec: Yes, we got Trump elected and it may happen again
A Facebook executive who backed Hillary Clinton’s 2016 election campaign told colleagues in an internal memo last month that the platform could…
Continue Reading The hottest product at CES 2020 is privacy
Forget the headless cat robots, vertical TVs and automated trash cans. The hottest product at this year’s CES technology conference may just be…
Continue Reading Warren Buffett has $130 billion in cash. He’s looking for a deal
Warren Buffett wants to make a big acquisition — and the Oracle of Omaha’s Berkshire Hathaway conglomerate has nearly $130 billion in…
Continue Reading Here’s everything we know about Sony’s PlayStation 5
Sony’s PlayStation 5 is coming, and as its release gets closer, the leaks keep dropping. Among the many rumors floating around on the web,…
Continue Reading White House skewered for failing to disclose meeting Trump had with Saudi deputy defense minister
The White House faced sharp criticism from journalists on Tuesday after they learned that an Oval Office meeting between President Trump and Saudi…
Continue Reading Facebook tries to curb deepfake videos as 2020 election heats up
Facebook has taken its first steps to curb highly-convincing videos known as deepfakes that have been manipulated using artificial intelligence. The…
Continue Reading The first week of legal marijuana sales in Illinois brought in nearly $11 million
Nearly $11 million of recreational marijuana has been sold in Illinois since the start of 2020, the state’s Department of Financial and…
Continue Reading Watch Elon Musk dance like your drunk uncle at a Model 3 event
We regret to inform you that Elon Musk is at it again. The outlandish Tesla CEO danced like nobody was watching in front of a very large crowd. On…
Continue Reading Samsung’s BB-8-like personal assistant Ballie follows you around at home
Samsung unveiled on Monday its vision for the futuristic home, where robots follow you around, anticipate your needs and serve as…
Continue Reading Ikea to pay $46 million to family of toddler crushed by dresser
Swedish furniture maker Ikea will pay $46 million to the family of a California toddler who died after being crushed by one of its dressers. Jozef…
Continue Reading SpaceX kicks off a busy year with launch of 60 more Starlink satellites into space
SpaceX launched its third batch of internet-beaming satellites Monday evening, kicking off what is expected to be a remarkably busy year for the…
Continue Reading Japan issues arrest warrant for Carole Ghosn. A friend calls it intimidation
Japanese prosecutors have issued an arrest warrant for Carole Ghosn — the latest twist in the dramatic saga involving her husband, former auto…
Continue Reading