The GameStop saga is captivating Wall Street — for good reason
The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look…
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Washington Post editor Marty Baron announces his retirement
Marty Baron, the editor who transformed the Washington Post into an international powerhouse and led the news organization to win 10 Pulitzer Prizes,…
Continue ReadingTarget drops Chaokoh coconut milk over allegations of monkey labor
Target is the latest major retailer to stop selling Chaokoh coconut milk following accusations that its manufacturer uses monkey labor. In a…
Continue ReadingAmerica’s billionaires have grown $1.1 trillion richer during the pandemic
Billionaires are minting money during the pandemic, even as millions of Americans join the ranks of the poor. US billionaires have collectively…
Continue ReadingPfizer and AstraZeneca take heat as vaccine delays threaten Europe’s recovery
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue ReadingPizza Hut debuts a new Detroit-style pizza
Pizza Hut’s newest pizza doesn’t look like its other pizzas. The chain is launching a new Detroit-style pizza, which ditches the…
Continue ReadingApollo CEO Leon Black to step down following review of ties to Jeffrey Epstein
Leon Black will step down as CEO of Apollo Global Management, the investment firm said, as it also announced that an internal investigation into…
Continue ReadingThe strange but true reason why GameStop’s stock keeps surging
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 —…
Continue ReadingGameStop’s stock is going through some stuff. You can thank Reddit
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 ReadingJanet Yellen is confirmed as the first female Treasury secretary in US history
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…
Continue ReadingS&P 500 and Nasdaq hit record highs as volatility grips Wall Street
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…
Continue ReadingAMC’s CEO believes his movie theaters will survive through 2021
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…
Continue ReadingVolatility hits Wall Street
It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds:…
Continue ReadingWWE Network will now stream exclusively on NBCU’s Peacock
The WWE is coming to Peacock. NBCUniversal’s new streaming service will be the exclusive US home of WWE Network, the wrestling entertainment…
Continue ReadingBlack Americans helped make barbecue a cultural phenomenon. Charcoal company Kingsford is helping to preserve that legacy
Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American…
Continue ReadingHistory made: Renewable energy surpassed fossil fuels for European electricity in 2020
Europeans got more of their electricity from renewable sources than fossil fuels for the first time last year, according to an annual report from…
Continue ReadingVolatility hits Wall Street as stocks tumble across the board
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…
Continue ReadingHow Colbert, Kimmel and Fallon plan to adapt to life after Trump
Late-night TV has always featured politics. Johnny Carson spent decades lampooning leaders of both parties on “The Tonight Show,” and…
Continue ReadingLarry King was one of pop culture’s favorite newsmen
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…
Continue ReadingCEOs stepped up during the Trump era. They’re not off the hook
During the Trump era, many business leaders came to an uncomfortable conclusion: They could no longer afford to stay in their lanes, speaking out…
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