Circle K’s owner offers $20 billion for France’s biggest retailer
Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue ReadingBusiness
China is winning the trade war and its exports have never been higher
China was already outperforming every other major world economy last year as the coronavirus pandemic upended the globe. It looks like the…
Continue Reading
New survey seeks to learn what help C.O. businesses need to help them recover
The global pandemic has hit businesses hard for nearly 11 months. As vaccines are more widely distributed, relief from the number of COVID-19 cases…
Continue Reading Businesses can’t sever ties with Trump fast enough
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. In…
Continue Reading Netflix has doubled its Black workforce since 2017, but says it still needs to hire more Latinos
The number of Black people working at Netflix has doubled over the last three years, but the company admits it has work to do when it comes to adding…
Continue Reading Voice of America reassigns White House reporter who tried to ask Mike Pompeo a question
The Voice of America has effectively demoted a reporter who tried to ask questions of Secretary of State Mike Pompeo after he delivered a speech…
Continue Reading Intel ousts CEO and names successor
Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. The chipmaker recruited Gelsinger…
Continue Reading Volkswagen and Audi are starting to challenge Tesla
The world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to…
Continue Reading Dubai real estate developer wants to do more business with Trump
Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain…
Continue Reading Dollar General will pay its workers to get a Covid-19 vaccine
Dollar General wants its employees to get Covid-19 vaccines, so it’s offering to pay them to do it. The chain said Wednesday that it will give…
Continue Reading The big winners from Tesla stock surge: lithium miners and battery makers
The incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery…
Continue Reading New York City moves to end contracts with the Trump Organization
New York City is seeking to terminate its business relationships with the Trump Organization in response to last week’s attack on the US…
Continue Reading Circle K’s owners offer $20 billion for France’s biggest retailer
Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue Reading Life may get back to normal this year. But the economy probably won’t
It’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off: Americans aren’t…
Continue Reading Amazon is removing QAnon merchandise from its site
Amazon said it is banning QAnon merchandise from its marketplace in response to the extremist group’s role in attacking the US Capitol. The…
Continue Reading New York City terminates contracts with the Trump Organization
New York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the…
Continue Reading Investors bet on a rapid vaccine rollout. That’s now at risk
Faith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early…
Continue Reading Las Vegas, the hardest-hit metro economy in America, just suffered another blow
In the run-up to the Consumer Electronics Show last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las…
Continue Reading Australian company renames racially offensive cheese brand
An Australian food company has officially renamed a famous snack brand after years of complaints that it shared its name with a racial slur.…
Continue Reading A global chip shortage is hitting carmakers at the worst possible time
The world’s largest carmakers are facing a critical shortage of semiconductors that threatens to hamstring production just as the industry…
Continue Reading