Money Archives

Pfizer and AstraZeneca take heat as vaccine delays threaten Europe’s recovery

January 26, 2021 5:50 am CNN Newsource

The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…

New coronavirus variants pose major risk to the global economy

January 26, 2021 5:27 am CNN

The pandemic could slam the brakes on a global economic turnaround this year despite mass vaccination programs and unprecedented levels of stimulus,…

Pizza Hut debuts a new Detroit-style pizza

January 26, 2021 4:43 am CNN Newsource

Pizza Hut’s newest pizza doesn’t look like its other pizzas. The chain is launching a new Detroit-style pizza, which ditches the…

Apollo CEO Leon Black to step down following review of ties to Jeffrey Epstein

January 26, 2021 4:14 am CNN Newsource

Leon Black will step down as CEO of Apollo Global Management, the investment firm said, as it also announced that an internal investigation into…

China is rehearsing for when it overtakes America

January 26, 2021 3:28 am CNN

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…

The China trade war is one thing Joe Biden won’t be rushing to fix

January 25, 2021 9:05 pm CNN

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…

The strange but true reason why GameStop’s stock keeps surging

January 25, 2021 7:46 pm CNN Newsource

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 —…

GameStop’s stock is going through some stuff. You can thank Reddit

January 25, 2021 4:56 pm CNN Newsource

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.…

Janet Yellen is confirmed as the first female Treasury secretary in US history

January 25, 2021 3:26 pm CNN Newsource

Lawmakers confirmed Janet Yellen as Treasury secretary on Monday, making her the first woman in American history to hold the position. As head of the…

S&P 500 and Nasdaq hit record highs as volatility grips Wall Street

January 25, 2021 1:13 pm CNN Newsource

It was a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds: President…

AMC’s CEO believes his movie theaters will survive through 2021

January 25, 2021 12:02 pm CNN Newsource

Adam Aron is in a surprisingly good mood for a CEO of a struggling theater chain that recently said it might not make it through the winter. But the…

Volatility hits Wall Street

January 25, 2021 11:04 am CNN Newsource

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds:…

WWE Network will now stream exclusively on NBCU’s Peacock

January 25, 2021 10:11 am CNN Newsource

The WWE is coming to Peacock. NBCUniversal’s new streaming service will be the exclusive US home of WWE Network, the wrestling entertainment…

Black Americans helped make barbecue a cultural phenomenon. Charcoal company Kingsford is helping to preserve that legacy

January 25, 2021 10:09 am CNN Newsource

Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American…

History made: Renewable energy surpassed fossil fuels for European electricity in 2020

January 25, 2021 10:03 am CNN Newsource

Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from…

Volatility hits Wall Street as stocks tumble across the board

January 25, 2021 9:57 am CNN Newsource

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning. Investors have a lot on their minds: President Joe Biden’s…

How Colbert, Kimmel and Fallon plan to adapt to life after Trump

January 25, 2021 9:54 am CNN Newsource

Late-night TV has always featured politics. Johnny Carson spent decades lampooning leaders of both parties on “The Tonight Show,” and…

Larry King was one of pop culture’s favorite newsmen

January 25, 2021 9:50 am CNN Newsource

Larry King’s death on Saturday was a significant loss for the media world. The longtime CNN host was an industry icon right down to his…

CEOs stepped up during the Trump era. They’re not off the hook

January 25, 2021 9:48 am CNN Newsource

During the Trump era, many business leaders came to an uncomfortable conclusion: They could no longer afford to stay in their lanes, speaking out…

Larry King: An appreciation of his legacy from CNN president Jeff Zucker and founder Ted Turner

January 25, 2021 9:46 am CNN Newsource

Larry King, who died Saturday at the age of 87, “had a history-making career spanning radio and television,” CNN president Jeff Zucker…