Money Archives

The US box office just had a horrible year. 2021 may not be much better

January 14, 2021 10:24 am CNN Newsource

With the coronavirus pandemic shuttering theaters for months on end and major blockbusters delayed into an unforeseeable future, 2020 was one of the…

Xi Jinping wants Starbucks and Howard Schultz to help repair US-China ties

January 14, 2021 7:59 am CNN Newsource

China’s leader has called on Starbucks’ former chairman Howard Schultz to help promote US-China relations, according to Chinese state…

Taco Bell is bringing back potatoes

January 14, 2021 7:26 am CNN Newsource

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…

Costco is shutting down all of its photo centers

January 14, 2021 6:52 am CNN Newsource

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…

Huge step in the wrong direction: Unemployment claims soar

January 14, 2021 6:49 am CNN

The American jobs crisis is escalating again. States have ratcheted up their virus-prevention measures to combat rising infection rates, and the job…

Chobani reinvented yogurt. Its next target is coffee

January 14, 2021 6:38 am CNN Newsource

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…

Taco Bell’s potatoes are coming back

January 14, 2021 5:00 am CNN Newsource

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…

New rule could force banks to lend to oil companies

January 14, 2021 3:36 am CNN Newsource

Big banks, climate activists and banking reform advocates don’t agree on much, but they have joined forces to denounce a proposed Trump…

Circle K’s owner offers $20 billion for France’s biggest retailer

January 14, 2021 2:17 am CNN Newsource

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…

China is winning the trade war and its exports have never been higher

January 14, 2021 2:12 am CNN Newsource

China was already outperforming every other major world economy last year as the coronavirus pandemic upended the globe. It looks like the…

Businesses can’t sever ties with Trump fast enough

January 13, 2021 5:01 pm CNN Newsource

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…

Netflix has doubled its Black workforce since 2017, but says it still needs to hire more Latinos

January 13, 2021 4:48 pm CNN Newsource

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…

At a subdued CES, computers provide excitement

January 13, 2021 4:20 pm CNN

In a most unusual time, CES was diminished this year, with lots of companies including Google and Amazon not having a substantial presence and…

Voice of America reassigns White House reporter who tried to ask Mike Pompeo a question

January 13, 2021 1:37 pm CNN Newsource

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…

Intel ousts CEO and names successor

January 13, 2021 12:43 pm CNN Newsource

Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. The chipmaker recruited Gelsinger…

What to expect at Samsung’s Galaxy S21 smartphone launch

January 13, 2021 12:23 pm CNN

Samsung is set to update its Galaxy smartphone line about a month ahead of its typical launch schedule. The company, which typically updates new…

Trump-supporting billionaire Ken Langone: Republicans betrayed us

January 13, 2021 11:17 am CNN

Billionaire Republican donor and Home Depot co-founder Ken Langone says he feels “betrayed” by the Republicans who attempted to overturn…

CES 2021 highlights: see-through TVs, a rollable smartphone and ice cream pods

January 13, 2021 10:58 am CNN

We’re two days into this year’s virtual Consumer Electronics Show, and we’ve already seen big tech announcements from companies…

Volkswagen and Audi are starting to challenge Tesla

January 13, 2021 10:37 am CNN Newsource

The world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to…

Dubai real estate developer wants to do more business with Trump

January 13, 2021 10:08 am CNN Newsource

Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain…