The US box office just had a horrible year. 2021 may not be much better
With the coronavirus pandemic shuttering theaters for months on end and major blockbusters delayed into an unforeseeable future, 2020 was one of the…
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Xi Jinping wants Starbucks and Howard Schultz to help repair US-China ties
China’s leader has called on Starbucks’ former chairman Howard Schultz to help promote US-China relations, according to Chinese state…
Continue ReadingTaco Bell is bringing back potatoes
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue ReadingCostco is shutting down all of its photo centers
Costco is closing its photo centers at all of its roughly 800 stores next month, ending a number of services that have a decidedly retro vibe. Four…
Continue ReadingChobani reinvented yogurt. Its next target is coffee
When Chobani started selling Greek yogurt in 2007, it upended the market. Now, it wants to do the same for iced coffee. This week, Chobani is…
Continue ReadingTaco Bell’s potatoes are coming back
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue ReadingNew rule could force banks to lend to oil companies
Big banks, climate activists and banking reform advocates don’t agree on much, but they have joined forces to denounce a proposed Trump…
Continue ReadingCircle 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 ReadingChina 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…
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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 ReadingBusinesses 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 ReadingNetflix 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 ReadingVoice 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 ReadingIntel 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 ReadingVolkswagen 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 ReadingDubai 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 ReadingDollar 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 ReadingThe 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 ReadingNew 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 ReadingCircle 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…
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