The stock market is at peak dumb: Etsy soars because Elon Musk tweets about it
Tesla CEO Elon Musk is the richest person on the planet, but he’s apparently still happy to shop on handmade craft site Etsy. And in a sign of…
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MyPillow CEO Mike Lindell has been banned from Twitter
Mike Lindell, the CEO of MyPillow, was banned from Twitter Monday night, according to a Twitter spokesperson. Twitter made its decision based on a…
Continue ReadingMartha Stewart launches line of CBD-infused dog treats
Martha Stewart wants to help pet owners turn dog days into dog daze. The lifestyle guru is bringing a new line of CBD dog treats to the market.…
Continue ReadingPizza buffet chain Cici’s files for bankruptcy
Cici’s, a restaurant chain best known for its pizza buffets, has filed for bankruptcy. In a court filing late Monday, Cici’s blamed its…
Continue ReadingEurope threatens to restrict vaccine exports after AstraZeneca and Pfizer hit production problems
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue ReadingStelter: Fox News is more anti-Democrat than pro-Trump
If you thought Fox News would dial down the highly charged rhetoric after Donald Trump left office, you’d be mistaken. It is not slowing down…
Continue ReadingThe GameStop saga is captivating Wall Street — for good reason
The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look…
Continue ReadingWashington Post editor Marty Baron announces his retirement
Marty Baron, the editor who transformed the Washington Post into an international powerhouse and led the news organization to win 10 Pulitzer Prizes,…
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Evictions, unemployment and hunger: The American economy Joe Biden inherits
Michelle Bennett is trying to keep life inside her Waldorf, Maryland, home as normal as possible during Covid-19. Three of her four daughters are…
Continue ReadingTarget drops Chaokoh coconut milk over allegations of monkey labor
Target is the latest major retailer to stop selling Chaokoh coconut milk following accusations that its manufacturer uses monkey labor. In a…
Continue ReadingAmerica’s billionaires have grown $1.1 trillion richer during the pandemic
Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires have collectively…
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Budweiser is skipping the Super Bowl for the first time in nearly four decades
Budweiser’s Clydesdale horses have become synonymous with the Super Bowl. But this year, they’re getting a rest: For the first time in 37…
Continue ReadingPfizer and AstraZeneca take heat as vaccine delays threaten Europe’s recovery
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
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New coronavirus variants pose major risk to the global economy
The pandemic could slam the brakes on a global economic turnaround this year despite mass vaccination programs and unprecedented levels of stimulus,…
Continue ReadingPizza Hut debuts a new Detroit-style pizza
Pizza Hut’s newest pizza doesn’t look like its other pizzas. The chain is launching a new Detroit-style pizza, which ditches the…
Continue ReadingApollo CEO Leon Black to step down following review of ties to Jeffrey Epstein
Leon Black will step down as CEO of Apollo Global Management, the investment firm said, as it also announced that an internal investigation into…
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China is rehearsing for when it overtakes America
China wants to lead the global recovery from the pandemic and become more influential on the world stage than ever before. It might just have the…
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The China trade war is one thing Joe Biden won’t be rushing to fix
US President Joe Biden is inheriting a tense and messy relationship with China from his predecessor. From a grueling trade war to a slew of sanctions…
Continue ReadingThe strange but true reason why GameStop’s stock keeps surging
GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores — or even shop online —…
Continue ReadingGameStop’s stock is going through some stuff. You can thank Reddit
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.…
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