Volkswagen of America says it’s changing its name to ‘Voltswagen’
In a move intended to reflect its new push into electric vehicles, Volkswagen’s US arm says it is changing its name to…
Continue ReadingBiz/Tech
Pizza Hut redesigns the drive-thru
Pizza Hut is doubling down on the growing popularity of the drive-thru with a new digital-focused version now opening at more than 1,500 restaurants…
Continue Reading A little-known hedge fund caused widespread chaos on Wall Street
The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like…
Continue Reading Elon Musk on SpaceX SN11 Mars rocket prototype test: ‘At least the crater is in the right place!’
An experimental rocket that SpaceX launched at its South Texas facilities Tuesday appears to have exploded, but heavy fog at the landing site left…
Continue Reading Volkswagen America says it’s changing its name to ‘Voltswagen’
In a move intended to reflect its new push into electric vehicles, Volkswagen’s US arm says it is changing its name to…
Continue Reading We can’t fully explore space without the government addressing these problems
With so many challenges facing us here on Earth — the pandemic, climate change, the economy — it might seem like an odd time to focus on space.…
Continue Reading Why Archegos was allowed to operate in the shadows
The dramatic implosion of Archegos Capital Management is another warning to Wall Street about the dangers of hefty leverage and speculative behavior…
Continue Reading
Xiaomi is investing $10 billion to join the electric car race
A big smartphone maker is getting into electric cars. And it’s not Apple. China’s Xiaomi announced Tuesday that it will invest $10…
Continue Reading Hedge fund failure slams Credit Suisse, Nomura and other banks
Major global banks could be hit with billions of dollars in losses after US investment firm Archegos Capital was forced to dump shares last week when…
Continue Reading Cleveland Clinic and IBM hope their tech partnership could help prevent the next pandemic
After a year in which scientists raced to understand Covid-19 and to develop treatments and vaccines to stop its spread, Cleveland Clinic is…
Continue Reading US will seize all Top Glove imports after finding ‘sufficient evidence’ of forced labor
The US Customs and Border Protection Agency (CBP) has ordered port officials to seize all disposable gloves made by the world’s largest…
Continue Reading Hong Kong broadcaster drops Oscars for the first time in 50 years
Hong Kong‘s leading TV broadcaster will not air the Academy Awards next month for the first time in more than half a century. Television…
Continue Reading Hedge fund meltdown is a (another) warning to Wall Street
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue Reading Still not sure what NFTs are? ‘SNL’ explains with Eminem parody
If you still aren’t sure what non-fungible tokens are, or NFTs, “Satuday Night Live” might have an answer. The NFT craze made its…
Continue Reading Dominion lawyer alleges Fox News ‘recklessly disregarded the truth’ on 2020 election claims
The fallout against Fox News and its alleged role in touting false 2020 election claims has now unfolded into another defamation lawsuit. Dominion…
Continue Reading Here’s what could happen next as milestone Amazon union vote ends
One year to the day after workers first stepped inside a new Amazon warehouse in Bessemer, Alabama, a milestone union vote at the facility is coming…
Continue Reading Rental car shortage is a boon for Turo, the Airbnb of cars
Rental car companies have been slashing their fleets during the pandemic, but now that travel is picking up again supply is tight and prices are…
Continue Reading Vaccine passport apps could help us return to normal. First they need to solve the trust problem
The next time you attend a wedding or concert, visit a place of worship, eat indoors at a restaurant or even go to work, you may need to show digital…
Continue Reading Carbone takes aim at Rao’s with new supermarket sauce lineup
Watch out, Rao’s. There’s a new fancy pasta sauce headed for grocery shelves. The high-end New York-based Italian restaurant Carbone is…
Continue Reading
CDC extends eviction moratorium until June 30
WASHINGTON, DC — The federal ban on evictions has been extended yet again, bringing relief to tens of millions of renters struggling to catch up.…
Continue Reading Schumer eyes using budget tool twice to pass Biden’s 2-part infrastructure plan
Senate Democrats are looking at potentially using an arcane budget process twice more this year in an effort to ensure they can pass President Joe…
Continue Reading Czech billionaire Petr Kellner among five killed in helicopter crash in Alaska
Czech billionaire Petr Kellner was one of five people killed when their chopper crashed near a glacier in Alaska during a skiing trip on Saturday.…
Continue Reading Swizz Beatz and Timbaland bring Verzuz to Peloton
Peloton and Verzuz, two success stories of the pandemic economy, are joining forces in a deal they hope will add to their growing fortunes. The home…
Continue Reading Southwest just placed the biggest Boeing 737 Max order since it was grounded
Southwest agreed to buy 100 737 Max jets from Boeing, the largest order for the troubled jet since its grounding in 2019 following two fatal crashes.…
Continue Reading There are ‘definitely merits’ to reparations, says the first Black Fed president
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, is one of the most prominent government officials yet to publicly express support…
Continue Reading Cyberattack forces Australian TV channel off air
Australian broadcaster 9 News suffered a cyberattack that forced a number of live shows off air on Sunday, as the country’s federal parliament…
Continue Reading Some US states report concerning Covid-19 case increases — and one warns the surge is already here
For weeks, health experts have warned of another possible Covid-19 surge if Americans get lax with safety measures while the country races to…
Continue Reading Oil prices dip after ship stuck in Suez Canal is partially freed
Oil prices are falling after the Ever Given container ship was partially pried free in the Suez Canal, giving rise to hopes that a crucial lane of…
Continue Reading Lil Nas X’s unofficial ‘Satan’ Nikes containing human blood sell out in under a minute
Rapper and singer Lil Nas X launched a controversial pair of “Satan Shoes” featuring a bronze pentagram, an inverted cross and a drop of…
Continue Reading Maya Rudolph’s Kamala Harris celebrates Passover on ‘SNL’
“Saturday Night Live” didn’t open up with politics to kick off the latest episode of the NBC variety show, but Maya Rudolph’s…
Continue Reading