Prince Harry says he left royal life because UK press was ‘destroying’ his mental health
Prince Harry has said he stepped back from the royal family last year because the British press was “destroying” his mental health. In a…
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Birkenstock sold to group backed by Europe’s richest man
German footwear brand Birkenstock is selling a majority stake to L Catterton, a private equity firm backed by Bernard Arnault’s LVMH. The…
Continue Reading Mr. Potato Head tries to be more gender neutral
Hasbro is dropping the honorific “mister” from the “Mr. Potato Head” brand, renaming the shapeshifting plastic spud to the…
Continue Reading Here’s why new ‘WandaVision’ episodes debut in the middle of the night
Every Friday, groggy Marvel fans either wake up early or stay up late to follow along with the weekly adventures of streaming’s favorite…
Continue Reading India exits recession but rapid growth is still a long way off
India’s economy is out of recession but still a long way from returning to rates of growth seen before the pandemic. Asia’s third biggest…
Continue Reading Stocks are falling. But it’s not all bad news
A burst of anxiety is ricocheting across financial markets as Wall Street sets expectations for the next phase of the pandemic, which could take hold…
Continue Reading Alibaba is back in Beijing’s good books for helping to fix poverty
Jack Ma‘s tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this…
Continue Reading AT&T is selling a stake in DirecTV, ending an infamous saga
AT&T on Thursday sold a minority stake in its video business to private equity firm TPG. The deal values DirecTV, AT&T TV and U-Verse at…
Continue Reading GameStop soars 85% after doubling yesterday
On Thursday, GameStop stock surged as much as 85% in early trading before being halted for volatility. Shares still ended the day up more than 18% at…
Continue Reading Sephora is opening more stores as it moves beyond the mall
Makeup sales have been walloped by the pandemic. But that’s not stopping Sephora from adding more stores as it pushes ahead to attract shoppers…
Continue Reading Mr. and Mrs. Potato Head are going gender neutral
Hasbro is dropping the honorific “mister” from “Mr. Potato Head,” renaming the shapeshifting plastic spud to the…
Continue Reading Cryptocurrency exchange Coinbase files to go public
Digital currency exchange Coinbase has officially filed to go public, riding a wave of bitcoin enthusiasm that has sent the cryptocurrency markets…
Continue Reading This change could help keep the GameStop fiasco from happening again
Part of what made last month’s GameStop trading frenzy such a mess: Right as the stock was hitting its peak, Robinhood and other brokerages…
Continue Reading Dow slides more than 400 points as bond yields climb
It’s another rough day for stocks. The market has entered a new phase of volatility as government bond yields are on the rise, signaling…
Continue Reading Costco raises its minimum wage above rivals like Amazon, Target and Best Buy
Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…
Continue Reading Brexit leaves London fighting for its future as Europe poaches business
London has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that. Billions of dollars worth of…
Continue Reading Australian law is hailed as ‘a big win for the news business’ with ramifications around the world
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Watching…
Continue Reading Two big reasons investors are worried about the housing market
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 Best Buy just laid off 5,000 workers and will close more stores
Best Buy said Thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics…
Continue Reading Costco raises its minimum wage above its competitors
Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as…
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