Dr. Seuss books are taking over Amazon’s bestseller list
Oh, the places Dr. Seuss books will go after they ignite controversy. This week, Dr. Seuss Enterprises announced that six books penned by the…
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Better late than never: ViacomCBS and Discovery stocks soar thanks to new streaming services
Arriving late to the streaming wars is apparently better than never getting involved in them at all. That’s what investors seem to think, at…
Continue Reading Discover is opening a corporate office on Chicago’s South Side. It wants other companies to follow
The South Side of Chicago isn’t typically a place where major companies look to open corporate offices. Most of the city’s Fortune 500…
Continue Reading UK launches antitrust probe into Apple
The United Kingdom’s competition watchdog has launched an investigation into Apple after app developers complained that they’re being…
Continue Reading American consumer spending jumped in January thanks to stimulus checks
US consumer spending jumped at its quickest pace since June as stimulus checks put more cash into Americans’ wallets. Incomes rose 10% in…
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This ‘snake robot’ can fix pipelines on the ocean floor
The deep-sea oil and gas industry has a vast and costly infrastructure to maintain. Wells, other equipment, and thousands of kilometers of pipeline…
Continue Reading Fighting climate change is now a job for the Bank of England
Central banks are usually tasked with keeping inflation in check, while promoting economic growth and employment. Now, add fighting the climate…
Continue Reading Paramount+ is banking on iconic TV characters from ‘Frasier’ to ‘SpongeBob’
Paramount is one of the most iconic studios in Hollywood, but can the name “Paramount” translate to streaming? ViacomCBS is banking on…
Continue Reading A financial transaction tax may be aimed at hurting Wall Street. But it will hit Main Street investors instead
In the wake of the GameStop stock trading frenzy, the Biden administration recently said it’s worth evaluating the impact of a tax on financial…
Continue Reading Corporate America’s earnings recession is over
The vast majority of companies in the S&P 500 have reported results from the last three months of 2020, and Wall Street is calling it: The…
Continue Reading Hong Kong used to be the poster child for economic freedom. Not anymore
Hong Kong has been booted off an index of economic freedom that it used to lead, dealing another blow to the city’s standing as a global…
Continue Reading Inflation fears continue to rattle global stocks
Global stocks are falling as a bond sell-off continues to rattle markets. Hong Kong’s Hang Seng Index led losses in Asia Pacific, tumbling…
Continue Reading Inflation fears rattle Asian stocks yet again
Asian stocks are falling Thursday as a bond sell-off continues to rattle markets. Hong Kong’s Hang Seng Index was last down 2.5%, while…
Continue Reading White House reporters clamor for press conference as Biden waits longer than predecessors
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. There are many ways…
Continue Reading SpaceX Mars prototype rocket nails landing for the first time, but explodes on Texas pad
BOCA CHINO, Texas — A SpaceX rocket prototype, known as SN10, soared over South Texas during test flight Wednesday before swooping down to a…
Continue Reading Women in sports don’t get the media coverage that men do. These 4 Olympians are trying to change that
US Olympians Sue Bird, Alex Morgan, Simone Manuel and Chloe Kim have teamed up to launch a new company aimed at focusing attention on women in sports…
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CEO of Texas power grid operator ‘terminated’ in aftermath of storm outages
AUSTIN, Texas — The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the…
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El Paso leaders urge masks despite Texas lifting mandate
EL PASO, Texas — Mayor Oscar Leeser and County Judge Ricardo Samaniego on Wednesday implored El Pasoans to continue wearing masks in the wake of…
Continue Reading Buckle up, Wall Street, we’re just getting started
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 Dollar Tree announces new stores as demand for discount retailers skyrockets
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue Reading Sinclair to lay off hundreds of employees, citing ‘profound impact’ pandemic has had on its business
Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to…
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New Mexico governor signs relief bills with $600 payout to low-income workers, restaurant tax break
SANTA FE, New Mexico — New Mexico’s Democratic governor has signed economic relief legislation that provides $600 rebates to low-income…
Continue Reading Facebook to lift its ban on political advertising
Facebook said it plans to lift a moratorium on US political advertising this Thursday, ending a ban that had been in place since the November…
Continue Reading Dollar Tree will open 600 stores this year
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue Reading SpaceX aborts Mars prototype rocket test launch with 0.1 seconds on the clock
Another SpaceX rocket prototype was fueled and ready for a test flight Wednesday, but in the final moments before liftoff, the vehicle’s…
Continue Reading Wendy’s went all in on breakfast. It’s paying off
People are eating at home more. But Wendy’s says they’re still showing up for breakfast. The chain said Wednesday that sales at its US…
Continue Reading These Texas chains will still require masks once the state’s mandate is lifted
The end of mask mandates in Texas and Mississippi has created a dilemma for businesses: Keep such safety rules in place to protect against Covid-19…
Continue Reading Biden’s energy secretary vows to ‘leave no worker behind’ in the clean energy revolution
Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new…
Continue Reading Why facial piercings could help boost mall traffic
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
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