CNN – Business/Consumer
Fired Fox News political editor calls out ‘hype men in the media’ who helped Trump attempt to ‘steal an election’
A longtime Fox News politics editor, who was fired by the network earlier this month after angering former President Donald Trump, rebuked the…
Continue ReadingClass-action lawsuit filed against Robinhood following outrage over GameStop stock restriction
A Robinhood customer filed a class-action lawsuit against the stock-trading app Thursday after the company barred traders from buying shares of…
Continue ReadingABC News president James Goldston is stepping down
ABC News president James Goldston, who has led the network news division for the past seven years, is stepping down at the end of March. Goldston…
Continue ReadingAmanda Gorman’s three books will get one million first prints due to overwhelming demand
To meet the demand for Amanda Gorman’s unreleased books, her publisher announced it will print one million copies of each of her three titles.…
Continue ReadingSouthwest Airlines reports first loss in 48 years
The last time Southwest Airlines posted an annual loss was 1972, when it was a small upstart airline flying a handful of planes on Texas-only routes.…
Continue ReadingCommerzbank to slash 10,000 jobs and close hundreds of branches
Commerzbank plans to slash its workforce by 10,000 and close 340 branches by 2024 as part of a strategic overhaul. The bank has roughly 48,500…
Continue ReadingWhat if China no longer needs Hollywood? That’s bad news for the film industry
America has been the king of the box office for, well, forever. Not anymore. In 2020, China overtook the United States to become the top movie market…
Continue ReadingMcDonald’s sales took a hit from Covid-19 restrictions
McDonald’s US sales popped in the fourth quarter as guests spent more per order, but international sales took a hit from lockdowns related to…
Continue ReadingWhere does the GameStop mania end?
From Wall Street to the White House, everyone is watching GameStop shares. What’s happening: Stock in the left-for-dead video game retailer…
Continue ReadingChipotle is testing curbside pickup
Chipotle is testing curbside pickup at 29 locations in California to give customers a way to get their tacos and burritos without having to go inside…
Continue ReadingToyota overtakes Volkswagen as world’s biggest automaker
Toyota is back on top. The Japanese company has reclaimed its place as the world’s best-selling automaker, with its latest results showing an…
Continue ReadingSteamy period drama ‘Bridgerton’ is Netflix’s ‘biggest series ever’
Netflix has just claimed its biggest hit ever with “Bridgerton,” a drama set in Britain in the early 1800s. Some 82 million households…
Continue ReadingDonald Trump’s final economic report card could be very underwhelming
Economists are grading on a curve. That’s not a good thing if you’re former President Donald Trump. US gross domestic product, the…
Continue ReadingAnalysis: After building a radicalization engine, Mark Zuckerberg aims to ‘turn down the temperature’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Mark Zuckerberg built…
Continue ReadingAMC is today’s GameStop. A Reddit mob sent its stock more than 200% higher
Welcome to the Reddit market. A group on Reddit’s Wall Street Bets board have been promoting a number of stocks, hoping to squeeze short…
Continue ReadingFed dismisses worries about inflation and pledges to keep rates low
The Federal Reserve left interest rates unchanged Wednesday and assured investors that there are no near-term plans to raise them. Interest rates are…
Continue ReadingFed warns of a slowing recovery, leaves rates unchanged
The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its “full range of tools” to support the US…
Continue ReadingNo, Joe Biden didn’t just ban fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue ReadingBen & Jerry’s co-founders want to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
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