Hedge fund meltdown: Elizabeth Warren suggests regulators should’ve seen it coming
Senator Elizabeth Warren is calling out regulators after little-known hedge fund Archegos Capital Management was able to borrow so much money that…
Continue ReadingSenator Elizabeth Warren is calling out regulators after little-known hedge fund Archegos Capital Management was able to borrow so much money that…
Continue ReadingChipotle is jumping into the bitcoin craze. Sort of. No, the chain isn’t accepting the cryptocurrency as payment for its Mexican dishes.…
Continue ReadingTwo “SpongeBob SquarePants” episodes are no longer available on Paramount+ and Amazon because of inappropriate content. One episode,…
Continue ReadingWorsening inequality, trillions of dollars in economic damage and depressed economic growth. Those are the outcomes that economists fear we will face…
Continue ReadingIn a move intended to reflect its new push into electric vehicles, Volkswagen’s US arm says it is changing its name to…
Continue ReadingPizza Hut is doubling down on the growing popularity of the drive-thru with a new digital-focused version now opening at more than 1,500 restaurants…
Continue ReadingThe names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like…
Continue ReadingIn a move intended to reflect its new push into electric vehicles, Volkswagen’s US arm says it is changing its name to…
Continue ReadingThe dramatic implosion of Archegos Capital Management is another warning to Wall Street about the dangers of hefty leverage and speculative behavior…
Continue ReadingAfter a year in which scientists raced to understand Covid-19 and to develop treatments and vaccines to stop its spread, Cleveland Clinic is…
Continue ReadingThe US Customs and Border Protection Agency (CBP) has ordered port officials to seize all disposable gloves made by the world’s largest…
Continue ReadingHong Kong‘s leading TV broadcaster will not air the Academy Awards next month for the first time in more than half a century. Television…
Continue ReadingUnder real world conditions, the Pfizer and Moderna Covid-19 vaccines provide highly effective protection, according to a new report from the US…
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 ReadingIf you still aren’t sure what non-fungible tokens are, or NFTs, “Satuday Night Live” might have an answer. The NFT craze made its…
Continue ReadingThe fallout against Fox News and its alleged role in touting false 2020 election claims has now unfolded into another defamation lawsuit. Dominion…
Continue ReadingRental car companies have been slashing their fleets during the pandemic, but now that travel is picking up again supply is tight and prices are…
Continue ReadingWatch out, Rao’s. There’s a new fancy pasta sauce headed for grocery shelves. The high-end New York-based Italian restaurant Carbone is…
Continue ReadingCzech billionaire Petr Kellner was one of five people killed when their chopper crashed near a glacier in Alaska during a skiing trip on Saturday.…
Continue ReadingPeloton and Verzuz, two success stories of the pandemic economy, are joining forces in a deal they hope will add to their growing fortunes. The home…
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