Dr. Seuss books are taking over Amazon’s bestseller list
Oh, the places Dr. Seuss books will go after they ignite controversy. This week, Dr. Seuss Enterprises announced that six books penned by the…
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Better late than never: ViacomCBS and Discovery stocks soar thanks to new streaming services
Arriving late to the streaming wars is apparently better than never getting involved in them at all. That’s what investors seem to think, at…
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Discover is opening a corporate office on Chicago’s South Side. It wants other companies to follow
The South Side of Chicago isn’t typically a place where major companies look to open corporate offices. Most of the city’s Fortune 500…
Continue Reading Fighting climate change is now a job for the Bank of England
Central banks are usually tasked with keeping inflation in check, while promoting economic growth and employment. Now, add fighting the climate…
Continue Reading Paramount+ is banking on iconic TV characters from ‘Frasier’ to ‘SpongeBob’
Paramount is one of the most iconic studios in Hollywood, but can the name “Paramount” translate to streaming? ViacomCBS is banking on…
Continue Reading Disney is closing 60 stores in the US and Canada
The Disney Store, once a mall mainstay, is drastically reducing the number of locations it has in the United States and Canada. Disney said…
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A financial transaction tax may be aimed at hurting Wall Street. But it will hit Main Street investors instead
In the wake of the GameStop stock trading frenzy, the Biden administration recently said it’s worth evaluating the impact of a tax on financial…
Continue Reading Corporate America’s earnings recession is over
The vast majority of companies in the S&P 500 have reported results from the last three months of 2020, and Wall Street is calling it: The…
Continue Reading Hong Kong used to be the poster child for economic freedom. Not anymore
Hong Kong has been booted off an index of economic freedom that it used to lead, dealing another blow to the city’s standing as a global…
Continue Reading Inflation fears continue to rattle global stocks
Global stocks are falling as a bond sell-off continues to rattle markets. Hong Kong’s Hang Seng Index led losses in Asia Pacific, tumbling…
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Inflation fears rattle Asian stocks yet again
Asian stocks are falling Thursday as a bond sell-off continues to rattle markets. Hong Kong’s Hang Seng Index was last down 2.5%, while…
Continue Reading White House reporters clamor for press conference as Biden waits longer than predecessors
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. There are many ways…
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SpaceX Mars prototype rocket nails landing for the first time, but explodes on pad
A SpaceX rocket prototype, known as SN10, soared over South Texas during test flight Wednesday before swooping down to a pinpoint landing near its…
Continue Reading Women in sports don’t get the media coverage that men do. These 4 Olympians are trying to change that
US Olympians Sue Bird, Alex Morgan, Simone Manuel and Chloe Kim have teamed up to launch a new company aimed at focusing attention on women in sports…
Continue Reading Buckle up, Wall Street, we’re just getting started
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 Reading Dollar Tree announces new stores as demand for discount retailers skyrockets
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue Reading Sinclair to lay off hundreds of employees, citing ‘profound impact’ pandemic has had on its business
Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to…
Continue Reading Dollar Tree will open 600 stores this year
Dollar Tree said Wednesday that it will open 600 new stores this year, continuing dollar store chains’ torrid growth across the United States.…
Continue Reading Wendy’s went all in on breakfast. It’s paying off
People are eating at home more. But Wendy’s says they’re still showing up for breakfast. The chain said Wednesday that sales at its US…
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