Coinbase plunges along with bitcoin and the rest of crypto
By Paul R. La Monica, CNN Business Bitcoin prices are tumbling. And so are shares of top cryptocurrency trading firm Coinbase Global. Coinbase fell…
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Disney heiress: Our tax structure is upside down
Abigail Disney, the granddaughter of Roy Disney, explains how the tax system enables rich people to avoid paying income taxes. She tells CNN’s…
Continue ReadingAbigail Disney: Executives would rather be shot than fly first class
By Moira Ritter, CNN Business Abigail Disney has a lot to criticize about American billionaires — especially when they inherit a pile of cash…
Continue ReadingMcDonald’s finally announces when its new loyalty program will launch
By Jordan Valinsky, CNN Business McDonald’s will launch its first-ever nationwide loyalty program July 8. It’s aimed at expanding…
Continue ReadingSteven Spielberg is partnering with Netflix
Steven Spielberg’s production company Amblin Partners signed a deal with Netflix to produce multiple new feature films per year. CNN’s Frank Pallotta…
Continue ReadingSteven Spielberg’s production company signs a deal with Netflix
By Frank Pallotta, CNN Business Steven Spielberg is partnering with Netflix. Getting Hollywood’s premiere director represents a major coup for…
Continue ReadingGovernment spending ‘fatigue’ is a risk worth watching
By Julia Horowitz, CNN Business As the global recovery takes hold, governments around the world will be increasingly tempted to stop throwing so much…
Continue ReadingA free Peloton membership could be your newest work benefit
By Jordan Valinsky, CNN Business Paid time off, retirement benefits and … a Peloton membership? That could be your newest work perk as the…
Continue ReadingBumble just gave its entire staff the week off to recharge
By Michelle Toh, CNN Business Bumble is giving its entire team a break. The dating app has shut down its offices around the world this week “as…
Continue ReadingBitcoin plunges below $30,000 as China ramps up the pressure on cryptos
By Laura He, CNN Business Bitcoin tanked again on Tuesday and fell below $30,000 for the first time since late January as China escalated its…
Continue ReadingNew York City’s slow-motion primary election will force the press to show some patience
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingAdvocacy group accuses Smithfield Foods of falsely warning of meat shortages
By Danielle Wiener-Bronner, CNN Business Smithfield Foods, one of the country’s top meat processors, has been sued by a consumer advocacy…
Continue ReadingSt. Croix refinery that rained oil on neighborhoods is shutting down indefinitely
By Alexis Benveniste and Fredreka Schouten, CNN The Limetree Bay oil refinery in St. Croix said it would close indefinitely, citing “severe…
Continue ReadingAdvocacy group accuses Smithfield Foods of falsely warning of meat shortages
Smithfield Foods, one of the country’s top meat processors, has been sued by a consumer advocacy group, which alleges that Smithfield misled…
Continue ReadingSt. Croix refinery that rained oil on neighborhoods is shutting down indefinitely
The Limetree Bay oil refinery in St. Croix said it would close indefinitely, citing “severe financial constraints” a month after the…
Continue ReadingDow notches best day since March as Wall Street rebounds
US stocks soared Monday, making up lost ground after a multi-day losing streak last week. The Dow closed 1.8%, or nearly 590 points, higher. The…
Continue ReadingNYC mayor says Amazon Prime Day is ‘perfect day not to shop Amazon’
New York City Mayor Bill De Blasio addressed business economic recovery efforts for small businesses around the city by first acknowledging that…
Continue ReadingDow surges more than 500 points as Wall Street rebounds
US stocks are rallying Monday, making up lost ground after a multi-day losing streak. The Dow surged more than 550 points, or 1.7%, in the early…
Continue ReadingAmerican investors are trying to buy a UK supermarket. Here’s why
Britain’s fourth biggest supermarket chain Morrisons has become the takeover target of an American private equity firm in the latest sign of a…
Continue ReadingSteven Spielberg’s production company signs a deal with Netflix
Steven Spielberg is partnering with Netflix. Getting Hollywood’s premiere director represents a major coup for the streaming service. Amblin…
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