Money Archives

Corporate earnings don’t look great. But the drought may be over soon

January 18, 2021 9:26 am CNN Newsource

It’s report card season for Corporate America. Companies are starting to release their earnings for the fourth quarter of last year, and so far…

Virgin Orbit launches rocket off a 747 aircraft, puts nine satellites in space

January 18, 2021 8:53 am CNN

A 70-foot rocket, riding beneath the wing of a retrofitted Boeing 747 aircraft, detached from the plane and fired itself into Earth’s orbit on…

China’s economy grows 2.3% in 2020 as recovery quickens

January 18, 2021 8:17 am CNN

China’s economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic. The world’s…

Samsung heir Jay Y. Lee sentenced to 2 1/2 years in prison for bribery and embezzlement

January 18, 2021 7:51 am CNN Newsource

Samsung vice chairman Lee Jae-yong is going back to prison, casting the future of leadership at the massive tech company in doubt. The Seoul High…

It’s 53% alcohol and tastes like fire. Here’s how this liquor brand took over China

January 18, 2021 6:54 am CNN Newsource

When Costco opened its first store in China in 2019, it wasn’t just the hot rotisserie chickens and discounted Birkin bags that lured frenzied…

French politics kills Canadian bid to create one of the world’s top supermarket groups

January 18, 2021 6:32 am CNN Newsource

The French government has put an abrupt end to a $20 billion takeover of the country’s biggest retailer by Canada’s largest convenience…

Here’s what’s open and closed for Martin Luther King Jr. Day 2021

January 18, 2021 5:42 am CNN Newsource

Martin Luther King Jr. Day is a national holiday, and with it comes some business closings. The main entities closed for the day will be corporate…

The final days of Trump’s presidency inspire hour-by-hour countdowns

January 18, 2021 4:21 am CNN Newsource

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Were there…

Jamie Lynn Spears blames Elon Musk and Tesla for killing her cats

January 18, 2021 3:55 am CNN Newsource

Jamie Lynn Spears called Tesla “a secret cat-killer” and told CEO Elon Musk that he owes her a couple new feline friends. The actress,…

Oscar Mayer hiring team to drive its Wienermobile across the US

January 17, 2021 2:54 pm CNN Newsource

Frankly, this could very well be someone’s dream job. Kraft Heinz is looking to hire a new team of Hotdoggers (yes, that’s what the job…

Offensive sign at store creates social media storm

January 17, 2021 9:38 am CNN

Click here for updates on this story OMAHA, Nebraska (WOWT) — A picture is worth a thousand words and this one posted…

Chris Cramer, veteran journalist and pioneering former CNN executive, dies aged 73

January 17, 2021 1:02 am CNN Newsource

Chris Cramer, the passionate and forthright leader at the helm of CNN International for 11 years, has died, aged 73. He was an early champion of…

Oil giant splits from powerful lobbying group over climate change

January 16, 2021 1:24 pm CNN Newsource

The American Petroleum Institute, the nation’s largest and most powerful oil lobby, is losing one of its biggest members over a disagreement…

Analysis: TV news is realigning, with Fox’s ratings sagging and CNN’s soaring

January 16, 2021 1:04 pm CNN Newsource

A realignment in TV news is under way. Fox News Channel’s ratings have sagged ever since Election Day. And CNN’s ratings have surged to…

Samsung Galaxy S21 smartphones: smarter, cheaper but don’t come with a charger

January 16, 2021 8:19 am CNN

Samsung’s new Galaxy S21 lineup has an updated look and lower price tags, but customers will also notice two items missing from the box:…

NRA files for bankruptcy

January 16, 2021 6:09 am CNN Newsource

The National Rifle Association of America, the nation’s foremost gun lobby, has filed for bankruptcy, according to court documents filed Friday…

Fast food workers go on strike in honor of Martin Luther King Jr.

January 15, 2021 3:54 pm CNN Newsource

An estimated 1,000 fast food workers across the United States went on strike Friday over low wages, staging protests in honor of Martin Luther King…

James Murdoch criticizes ‘media property owners’ who have ‘unleashed insidious’ forces with election denialism claims

January 15, 2021 2:39 pm CNN Newsource

James Murdoch, the youngest son of billionaire media mogul Rupert Murdoch, assailed “media property owners” and outlets that have…

Wikileaks asks reporters for help in desperate bid to score Julian Assange last-minute pardon

January 15, 2021 12:21 pm CNN Newsource

In a last-minute bid to persuade President Donald Trump to pardon Julian Assange, Wikileaks has reached out to several high-profile reporters asking…

The online shopping exec Walmart hired to take on Amazon is leaving

January 15, 2021 11:47 am CNN Newsource

The executive hired to help boost Walmart’s e-commerce business to compete with Amazon is leaving the company. Marc Lore, who joined the…