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…
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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…
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…
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…
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St. Charles says union rejected offer to talk — if it would drop plans to strike
In “an effort to move forward negotiations on a first-time labor contract,” St. Charles Health System said it approached the union representing more…
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.…
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It’s big Bend beer news: Deschutes Brewery acquires the Boneyard Beer brand
In Bend, beer is big business, which is why a new business partnership announced Wednesday between Deschutes Brewery and Boneyard Beer is big…
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…
Continue Reading Biden’s energy secretary vows to ‘leave no worker behind’ in the clean energy revolution
Fossil fuel workers will not be left behind in the Biden administration’s push to embrace clean energy. That’s the promise from new…
Continue Reading Why facial piercings could help boost mall traffic
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue Reading This piercing chain thinks it has found a new way to get people through mall doors
Consumers typically have flocked to malls because they’re a one-stop shop for everything from socks to sofa sets. Now, one of the biggest mall…
Continue Reading New fund tracks ‘meme stocks’ after GameStop saga caught Wall Street off guard
Looking for a hot stock to buy? Investors — especially younger millennial and Gen Z traders— are increasingly getting tips from sources like…
Continue Reading SoftBank-backed Greensill Capital is on the brink. 50,000 jobs could be at risk
The future of Greensill Capital, a UK financial startup backed by SoftBank, has been thrown into doubt after German regulators shuttered a bank it…
Continue Reading UK says the biggest companies must pay more tax
Britain will hike taxes on its biggest companies in 2023 as it begins to repair government finances in the wake of the pandemic, the worst economic…
Continue Reading Private equity firm acquires Michaels in $5 billion deal
Private equity giant Apollo Global Management is acquiring arts and crafts retailer Michaels in a $5 billion deal. Apollo will buy all outstanding…
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