Category Archives: CNN – Business

How Elizabeth Warren could ‘vaporize’ America’s oil boom

How Elizabeth Warren could ‘vaporize’ America’s oil boom

Elizabeth Warren doesn’t just pose a threat to Wall Street. Her rising 2020 polling numbers are also striking fear in the heart of Big Oil. Warren, currently the odds-on favorite to be the Democratic presidential nominee, wants to ban fracking “everywhere.” And the Massachusetts senator pledged to immediately sign an executive order to stop all…MORE

Why investors can’t get too excited about the new Brexit deal

Why investors can’t get too excited about the new Brexit deal

The British pound and UK stocks shot up on news that UK Prime Minister Boris Johnson had clinched a new Brexit agreement with the European Union. Then the political reality set in. Johnson still needs to get his deal through a special session of the UK Parliament scheduled for Saturday. Opposition parties and a group…MORE

Christian Dior apologizes to China for not including Taiwan in a map

Christian Dior apologizes to China for not including Taiwan in a map

Add Christian Dior to the growing list of Western brands tangling with China. The French fashion house issued an apology Thursday over a map of China used during a presentation that didn’t include Taiwan. The small island is a self-ruled democracy that Beijing insists be treated as part of its “one China” initiative. The message…MORE

Nestlé has $20 billion to spend on deals or buying back shares

Nestlé has $20 billion to spend on deals or buying back shares

Nestlé shareholders could be in for another $20 billion windfall if the maker of Nespresso and KitKat fails to find businesses worth buying. Nestlé, one of the world’s largest food companies, closed a $10.3 billion sale of its skincare business at the beginning of October and is now figuring out what to do with its…MORE

Xbox and Taco Bell are giving away free consoles. Here’s how to win

Xbox and Taco Bell are giving away free consoles. Here’s how to win

In the spirit of Halloween, Xbox is handing out new consoles like candy. All you’ve got to do is eat a couple chalupas. The gaming giant has partnered with Taco Bell to give away a bundle of Xbox goodies, including a limited-edition console that rings like a bell (get it?) when it’s powered on, a…MORE

The pound has been weighed down by Brexit. Now it’s getting some relief

The pound has been weighed down by Brexit. Now it’s getting some relief

Happy Thursday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The pound is climbing on news that the United Kingdom has reached a new agreement with the European Union to leave the bloc before the October 31 Brexit deadline. The…MORE

Asia markets get Hong Kong and Huawei boost

Asia markets get Hong Kong and Huawei boost

Asian markets were mostly quiet Thursday, but Hong Kong stocks climbed after the financial hub gave its real estate sector reason to cheer. China’s Shanghai Composite Index traded flat, while Japan’s Nikkei 225 inched up 0.1% and South Korea’s Kospi edged lower. Hong Kong’s Hang Seng Index advanced as much as 1.1% in the morning…MORE

Family Circle magazine to shut down after December issue

Family Circle magazine to shut down after December issue

Family Circle, the monthly home magazine for women that launched in 1932, will close after its December issue publishes. Parent company Meredith acquired Family Circle from publisher Gruner + Jahr USA in 2005. The magazine has 13 million readers and more than 1 million followers on social media, according to Meredith’s site. The company said…MORE

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