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ExxonMobil reports its first annual loss since its merger
ExxonMobil lost $22.4 billion in 2020, its first annual loss since the 1999 merger that created the nation’s largest oil company. It’s…
Continue ReadingExxonMobil lost $22.4 billion in 2020, its first annual loss since the 1999 merger that created the nation’s largest oil company. It’s…
Continue ReadingSenator Elizabeth Warren is demanding answers from Robinhood co-CEO Vlad Tenev over potential conflicts of interest caused by the free trading…
Continue ReadingIt’s no secret that GameStop mania has put Wall Street on edge. What’s happening: The Dow and S&P 500 just logged their worst weeks…
Continue ReadingInvesting for the first time can be downright intimidating. It can bring up a whole host of nerve racking questions: Is it too risky? Is now the…
Continue ReadingLast year was looking like a record breaker for Chris Wiseheart’s transport company in Prague. Wiseheart, originally from Detroit, had built…
Continue ReadingMarriott International’s president and CEO Arne Sorenson is reducing his demanding schedule for “several months” as he continues to…
Continue ReadingSt. Patrick’s Day is several weeks away, but McDonald’s is already getting ready with the arrival of the Shamrock Shake. Beginning…
Continue Reading2020 was supposed to be the kickoff of the streaming wars — the year when new contenders battled Netflix to take their own slice of the streaming…
Continue ReadingHedge funds that bet against GameStop and other stocks have been crushed by the Reddit army — and they’re infecting the rest of Wall…
Continue ReadingNike’s newest shoe is “easy on, easy off” for those who can’t put their shoes on without assistance — or cannot be…
Continue ReadingHappy Groundhog Day! Will we get more winter? Will we get an early spring? Will we ever spell “Punxsutawney Phil” correctly on the first…
Continue ReadingThe silver market is the latest flashpoint in the Reddit mania that took over Wall Street last week. Silver futures surged as much as 13% to Monday,…
Continue ReadingEditor’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 ReadingA panel of House representatives is launching an investigation into how major meat processors and OSHA handled coronavirus outbreaks at meatpacking…
Continue ReadingIf you thought the GameStop drama was over, think again. ICYMI: Last week, a tense showdown played out on Wall Street. It was a David vs. Goliath…
Continue ReadingOver the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and…
Continue ReadingRobinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading…
Continue ReadingPrince Harry has settled a legal dispute with the Mail on Sunday and the MailOnline, accepting what his legal team called “significant…
Continue ReadingTesla CEO Elon Musk has declared his support for bitcoin, boosting the price of the cryptocurrency in the process. In an interview Sunday on…
Continue ReadingMove over GameStop, Reddit mania is spreading to the precious metals market. Silver futures surged as much as 13% to Monday, touching five-month…
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