IPhone builder Foxconn is working on an electric car with Fisker
Foxconn, the Taiwan-based electronics manufacturing company best known for assembling the Apple iPhone, is working on an agreement with the…
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Things were just getting better for restaurants in Texas. Then the winter storms hit
For Mason Ayer, the frigid winter storm that tore through Texas felt like yet another punch in the gut. Power and water outages made it impossible to…
Continue Reading Beyond Meat strikes partnerships with McDonald’s and Yum Brands
Beyond Meat has inked two new major new deals, with McDonald’s and Yum Brands, that will bring new plant-based items to fast food menus. The…
Continue Reading Birkenstock sold to group backed by Europe’s richest man
German footwear brand Birkenstock is selling a majority stake to L Catterton, a private equity firm backed by Bernard Arnault’s LVMH. The…
Continue Reading Netflix says it needs more Latinx programming after an internal diversity audit
Netflix has made progress adding diverse content created by and starring women, Black and Asian people on its platform in recent years, but the…
Continue Reading Mr. Potato Head tries to be more gender neutral
Hasbro is dropping the honorific “mister” from the “Mr. Potato Head” brand, renaming the shapeshifting plastic spud to the…
Continue Reading Here’s why new ‘WandaVision’ episodes debut in the middle of the night
Every Friday, groggy Marvel fans either wake up early or stay up late to follow along with the weekly adventures of streaming’s favorite…
Continue Reading India exits recession but rapid growth is still a long way off
India’s economy is out of recession but still a long way from returning to rates of growth seen before the pandemic. Asia’s third biggest…
Continue Reading Alibaba is back in Beijing’s good books for helping to fix poverty
Jack Ma‘s tech empire may still be facing tough new regulations in China, but Alibaba seems to have won at least a little bit of favor this…
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Bend’s High Desert Museum has big plans for record $6 million donation
The Sisters-based Roundhouse Foundation is awarding $6 million to the High Desert Museum, the largest single donation in the museum’s nearly…
Continue Reading AT&T is selling a stake in DirecTV, ending an infamous saga
AT&T on Thursday sold a minority stake in its video business to private equity firm TPG. The deal values DirecTV, AT&T TV and U-Verse at…
Continue Reading GameStop soars 85% after doubling yesterday
On Thursday, GameStop stock surged as much as 85% in early trading before being halted for volatility. Shares still ended the day up more than 18% at…
Continue Reading Dow slides more than 550 points as bond yields climb
It was another rough day for stocks. The market has entered a new phase of volatility as government bond yields are on the rise, signaling…
Continue Reading Sephora is opening more stores as it moves beyond the mall
Makeup sales have been walloped by the pandemic. But that’s not stopping Sephora from adding more stores as it pushes ahead to attract shoppers…
Continue Reading Mr. and Mrs. Potato Head are going gender neutral
Hasbro is dropping the honorific “mister” from “Mr. Potato Head,” renaming the shapeshifting plastic spud to the…
Continue Reading Cryptocurrency exchange Coinbase files to go public
Digital currency exchange Coinbase has officially filed to go public, riding a wave of bitcoin enthusiasm that has sent the cryptocurrency markets…
Continue Reading This change could help keep the GameStop fiasco from happening again
Part of what made last month’s GameStop trading frenzy such a mess: Right as the stock was hitting its peak, Robinhood and other brokerages…
Continue Reading Brexit leaves London fighting for its future as Europe poaches business
London has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that. Billions of dollars worth of…
Continue Reading Two big reasons investors are worried about the housing market
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 Best Buy just laid off 5,000 workers and will close more stores
Best Buy said Thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics…
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