CNN - Business/Consumer Archives - Page 498 of 520

Tesla’s dirty little secret: Its net profit doesn’t come from selling cars

February 1, 2021 5:53 AM CNN Newsource

Tesla posted its first full year of net income in 2020 — but not because of sales to its customers. Eleven states require automakers sell a…

Gamestop proves the death of the individual investor was greatly exaggerated

February 1, 2021 5:50 AM CNN Newsource

Say what you will about the GameStop mania. It does illustrate one positive thing about today’s stock market: There are still some people…

‘SNL’ takes on Marjorie Taylor Greene, GameStop and Tom Brady

January 31, 2021 1:03 PM CNN Newsource

“Saturday Night Live” returned for its first show of 2021, and had one question on its mind: “What still works?” That’s…

Toys ‘R’ Us has closed all its stores — again

January 31, 2021 9:01 AM CNN Newsource

Toys “R” Us is closing its only two stores roughly a year after a highly anticipated relaunch of the storied brand. Tru Kids Inc., which…

A 10-year-old investor made big bucks on the GameStop shares he got for Kwanzaa

January 30, 2021 2:58 PM CNN Newsource

Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the 10-year-old investor has cashed…

What’s new in fast food: Chicken sandwiches and cauliflower rice

January 30, 2021 7:10 AM CNN Newsource

If you felt like a new fried chicken sandwich debuted every day in January, you’re not far off. Some chains tried their best to slim down,…

US stocks post their worst month since October as the GameStop frenzy rages

January 29, 2021 2:33 PM CNN Newsource

It has been a turbulent week on Wall Street. GameStop has been at the center of it, again soaring on Friday and ending the day up nearly 68%, after…

Wall Street’s cops weren’t ready for GameStop. They’re paying attention now

January 29, 2021 1:53 PM CNN Newsource

The cops on the Wall Street beat weren’t prepared for an army of day traders coordinating on social media to run up the price of stocks like…

Cable news’ longest-serving executive is retiring after 40 years at CNN

January 29, 2021 1:34 PM CNN Newsource

The longest-serving executive in the history of cable news is retiring, and CNN will never be the same. Around the network he is known simply as…

It’s not just GameStop. Market bubble fears are rising

January 29, 2021 12:45 PM CNN Newsource

GameStop mania didn’t happen in a vacuum. It’s just the most glaring example of the bubble-like behavior running rampant in the financial…

Dow tumbles more than 600 points while GameStop continues to soar

January 29, 2021 12:22 PM CNN Newsource

It has been a turbulent week on Wall Street. GameStop soared some 100% at the opening bell, after trading platforms including Robinhood lifted…

Reddit investors shake up Wall Street — again

January 29, 2021 12:17 PM CNN Newsource

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GM looks to sell only emission-free vehicles by 2035

January 29, 2021 11:26 AM CNN Newsource

General Motors said Thursday it plans to be carbon neutral by 2040 in its global operations and hopes to offer only zero-emissions vehicles by 2035.…

Dow slips while GameStop and others continue to soar

January 29, 2021 11:20 AM CNN Newsource

It has been a crazy week on Wall Street — and Friday trading is still in the early going. GameStop soared some 100% at the opening bell, after…

HNA once wanted to rule the world. Now it faces bankruptcy

January 29, 2021 10:15 AM CNN Newsource

HNA Group was once one of China’s largest conglomerates, spending billions of dollars to expand its reach around the world. Now it could go…

The GameStop phenomenon has gone global

January 29, 2021 7:28 AM CNN Newsource

The GameStop mania that’s hijacked US markets is grabbing the attention of investors all over the world, as traders from London to Mumbai try…

Buh-bye, skinny jeans: Levi’s is embracing a baggy look

January 29, 2021 7:08 AM CNN Newsource

Skinny jeans have had their moment. Comfy clothing is what consumers want now, and Levi’s is ready to deliver with more generous-fitting and…

Jon Stewart joins Twitter and defends the Redditors

January 29, 2021 6:56 AM CNN Newsource

Comedian and former “Daily Show” host Jon Stewart is finally on Twitter, and his first tweet was about the GameStop-Reddit mayhem on Wall…

China’s army of small investors want in on the GameStop mania

January 29, 2021 5:56 AM CNN Newsource

The frenzy over GameStop has inspired amateurs everywhere to shake up stock markets. Now China’s massive army of retail investors wants to get…

Robinhood gets $1 billion infusion, signaling cash crunch

January 29, 2021 5:33 AM CNN Newsource

Robinhood raised $1 billion from existing investors just hours after it halted purchases of GameStop, suggesting the free-trading app faced a…

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