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Deep freeze sends Texas electricity prices soaring 10,000%
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 ReadingEditor’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 ReadingEven mighty Texas, the energy powerhouse of America, is feeling the wrath of Mother Nature. A deep freeze this week in the Lone Star state, which…
Continue ReadingMarriott International’s president and CEO Arne Sorenson died Monday following a nearly two-year battle with pancreatic cancer, the hotel chain…
Continue ReadingSpaceX delivered its 19th large batch of Starlink internet satellites into orbit on Monday evening, but in a rare misstep, the first-stage rocket…
Continue ReadingFord is shutting its Kansas City assembly plant, which makes its best-selling F-150 pickup, because of a shortage of natural gas caused by severe…
Continue ReadingChinese cinemas are back in business and selling even more tickets than before the pandemic. Local box office takings over the start of the Lunar New…
Continue ReadingAdidas says it will offload struggling US fitness brand Reebok as part of a strategic overhaul. The German sportswear company said in a statement on…
Continue ReadingAt this point, there’s nothing particularly special about a fast food chain announcing a new fried chicken sandwich. So, McDonald’s is…
Continue ReadingBitcoin topped $50,000 Tuesday, continuing a stunning rise that has sent it soaring about $20,000 this year. The digital currency hit a record…
Continue ReadingWhen the federal government announced the Payroll Protection Program a few months after the pandemic began in 2020, many microbusiness owners —…
Continue ReadingThe carmakers at the heart of Germany’s huge manufacturing industry are facing a new threat: border checks that could delay crucial parts…
Continue ReadingMove over, Robinhood, here comes Goldman Sachs. The prestigious investment bank, known mainly for advising the affluent how to manage their money and…
Continue ReadingBreaking off a piece of that vegan KitKat bar is now a reality. Nestlé is launching a non-dairy version of the popular candy bar, called KitKat V.…
Continue ReadingWall Street is expecting the economy to come roaring back to life in the second half of this year. But there’s one crucial question: Are…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “We’re…
Continue ReadingElon Musk wants to have a conversation with Vladimir Putin on his new favorite social media app: Clubhouse. On Saturday, the Tesla CEO tagged the…
Continue ReadingHBO Max will feature many big movies this year — all of Warner Bros.’ 2021 film slate, in fact. However, one of the biggest movies hitting…
Continue ReadingTesla’s $1.5 billion investment in bitcoin has helped legitimize the cryptocurrency as an investment, leading analysts and traders to ask which…
Continue ReadingMany French workers can now eat at their desks without breaking the law. To help curb the spread of Covid-19, the country has suspended a…
Continue ReadingPeople are obsessed lately with trying to find a way to get rich quick through short-term trades. Just look at bitcoin, GameStop or cannabis stocks.…
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