Business Stocks end lower as geopolitical fears riseCNN - By Anneken Tappe, CNN BusinessNew York (CNN Business) — The Dow and US markets closed lower on Friday, as geopolitical worries overshadowed the hopes of interest rate cuts by the Federal Reserve. The Dow (INDU) closed down 0.3%, or
HBO HBO is king, women rule comedy and other takeaways from this year's Emmy nominationsCNN - Analysis by Bill Carter, CNN BusinessNew York (CNN Business) — The Emmy Award should be more important than it has ever been because television has risen to a place of genuine distinction in the arts. But for the most part winning one, or
Business Libra is a great idea. But Facebook has to get out of the wayCNN - By Clare Duffy, CNN BusinessNew York (CNN Business) — In many respects, Libra sounds like the way of the future. It would be a universal, stable currency that people could access from their smartphones and send around the world cheap.
Diapers Pampers is making a 'smart' diaper. Yes, reallyCNN - By Samantha Murphy Kelly, CNN BusinessNew York (CNN Business) — It's come to this: There's about to be an app for your baby's diaper. Pampers this week announced a line of smart diapers that it says will track a child's urine -- but not bowel
Occidental Petroleum Carl Icahn declares war over huge oil takeoverCNN - By Matt Egan, CNN BusinessNew York (CNN Business) — Carl Icahn believes Occidental Petroleum badly overpaid for oil driller Anadarko Petroleum. Now, he wants four Occidental directors to pay for that controversial deal — with jobs.
Huawei Huawei executive says US export ban will cost American jobsCNN - By Clare Duffy, CNN BusinessNew York (CNN Business) — Huawei will survive the US pressure campaign against it, but American jobs may not, says Andy Purdy, Huawei's chief security officer and former head of the US Department of Homeland
Wells Fargo Wells Fargo discriminated against Dreamer by denying auto loan, lawsuit claimsCNN - By Matt Egan, CNN BusinessNew York (CNN Business) — Eduardo Peña and his wife moved out of Chicago last year to start a family together. Like countless other newlyweds arriving in the suburbs, the couple quickly realized they'd
Business On ESPN, Dan Le Batard calls his own network 'cowardly' for not addressing racismCNN - By Jazmin Goodwin, CNN BusinessNew York (CNN Business) — ESPN radio and TV personality Dan Le Batard called his network's relatively new politics-free stance "cowardly" in the face of President Donald Trump and his supporters' racist
CEOs Up to half of exiting CEOs don't quit. They get firedCNN - By Jeanne Sahadi, CNN BusinessWhen companies announce their CEOs are leaving, they may offer any number of vague reasons. But it's rare that they'd ever say the chief executive was "fired" or explain precisely why. One study suggests
Dollar General Dollar stores are everywhere. That's a problem for poor AmericansCNN - By Nathaniel Meyersohn, CNN BusinessNew York (CNN Business) — As dollar stores sweep across America, they are facing growing scrutiny from opponents who argue that discount chains stifle local competition and limit poor communities' access
Chevrolet Corvette GM unveils a radically new CorvetteCNN - By Peter Valdes-Dapena, CNN BusinessTustin, California (CNN Business) — General Motors has unveiled the eighth generation of the Chevrolet Corvette. The model is, arguably, the biggest change for the Corvette since the sports car was first
Pinterest Social influencers see stardom potential on LinkedIn and PinterestCNN - By Kaya Yurieff, CNN BusinessNew York (CNN Business) — While on a sabbatical from work, Goldie Chan started taking videos of herself walking and talking about different topics, from the Wizarding World of Harry Potter to ridesharing
Boeing Boeing's 737 hit; Iran tensions and oil; Microsoft soarsCNN - By Julia Horowitz, CNN BusinessLondon (CNN Business) — 1. Boeing crisis: Boeing's 737 Max crisis is hitting its bottom line. The company said Thursday that it will record a $5 billion after-tax charge in the second quarter, citing concessions
China China's economic slowdown is real, but it's not just about tariffsCNN - By Laura He, CNN BusinessHong Kong (CNN Business) — China's economic growth has slumped to its lowest level in nearly three decades, but the trade war with the United States isn't solely to blame. Gross domestic product growth
Netflix Netflix's subscriber miss could be a blip -- or a sign of hard times to comeCNN - By Frank Pallotta, CNN BusinessNew York (CNN Business) — Wall Street has no chill for Netflix (NFLX) after a big subscriber miss prompted an 11% drop in its stock on Thursday. Netflix's miss could be an anomaly or it could mark the
Netflix Netflix faces a new rival in the UKCNN - By Hadas Gold, CNN BusinessLondon (CNN Business) — UK television network ITV has teamed up with the BBC on a streaming product that gives British audiences a new alternative to Netflix. BritBox will debut in the final three months
AB InBev AB InBev sells Australian business after ditching huge Asian IPOCNN - By Michelle Toh, CNN BusinessSydney (CNN Business) — The world's biggest brewer is selling its Australian business just days after calling off what would have been the biggest initial public offering of 2019. Anheuser-Busch InBev
Business Didi may relaunch a carpooling service that was shut after two murdersCNN - By Sherisse Pham, CNN BusinessHong Kong (CNN Business) — Didi Chuxing is considering reviving Hitch, a carpooling service it suspended indefinitely last year after two female passengers were murdered. China's top ride-hailing company
Business Electric cars have been around since before the US Civil WarCNNThomas Davenport of Vermont builds the first useful electric motor. Other inventors, including Michael Faraday, have previously built small devices that move using electricity, but Davenport’s are the
Microsoft Microsoft's 'blow out' fourth quarter beats analyst projections by $1 billionCNN - By Clare Duffy, CNN BusinessNew York (CNN Business) — Microsoft beat analysts' revenue projections by nearly $1 billion when it announced earnings for the fourth quarter of its 2019 fiscal year, as its cloud division Azure continues
Boeing Boeing will take a $5 billion charge for its 737 Max troublesCNN - By Chris Isidore and Rob McLean, CNN BusinessNew York (CNN Business) — Boeing will take a roughly $5 billion hit this quarter because of the 737 Max crisis. The company said Thursday that it will record a $4.9 billion after-tax charge in the second
FaceApp FaceApp isn't stealing your pics. But it's not wrong to be creeped outCNNFaceApp is fun, it's free, but the existential dread you feel when you stare into the eyes of your elderly self might not be the creepiest thing about the app. CNN's Jon Sarlin looks into why apps like
Business Stocks snap two-day losing streakCNN - By Anneken Tappe, CNN BusinessNew York (CNN Business) — US stocks finished stronger on Thursday, snapping a two-day losing streak amid some ugly second-quarter earnings. Stocks opened lower but retraced some of their losses as the
Business Congresswoman Maloney: Trump misled us in his economic report. I'm setting the record straightCNN - By Carolyn Maloney for CNN Business PerspectivesEvery year, the public gets a window into the White House's views of the economy when the administration publishes the Economic Report of the President. Typically, it is a dense but interesting read, a
Amazon Web Services Trump vows 'strong look' at Pentagon contract that could go to his frequent target, AmazonCNN - By Brian Fung, CNN BusinessWashington (CNN Business) — President Trump said Thursday he intends to scrutinize a plan by the Pentagon that could end in a multi-billion dollar contract being awarded to Amazon (AMZN). Trump told reporters
Netflix Netflix: The Straight Pride Parade 'is about hate — not pride'CNN - By Shannon Liao, CNN BusinessNew York (CNN Business) — Netflix thinks the Straight Pride Parade "is about hate — not pride." The company had a strong and swift response after organizers of a Straight Pride Parade included a logo Netflix
Minimum Wage A $15 minimum wage started as a slogan. Now it's passed the HouseCNN - By Lydia DePillis, CNN BusinessNew York (CNN Business) — Nearly seven years ago, a week after Black Friday, a few dozen workers walked off their New York City fast food jobs to demonstrate for higher pay. The median wage for fast food
Boeing 737 MAX Southwest extends 737 Max flight cancellations through November 2CNN - By Jordan Valinsky, CNN BusinessNew York (CNN Business) — Southwest Airlines is the latest carrier to extend flight cancellations into November because of the Boeing 737 Max grounding. The Dallas-based airline announced Thursday it removed
Postmates Postmates CEO: Gig workers deserve a better deal than we have given themCNN - By Bastian Lehmann for CNN Business PerspectivesThe gig economy faces challenges today that technology alone cannot fix. On-demand delivery and transportation has provided unprecedented flexibility to millions of workers and turbocharged small businesses
