Category Archives: CNN – Business

Bank of America CEO calls for bipartisan push to study restrictive voting laws

Bank of America CEO calls for bipartisan push to study restrictive voting laws

Bank of America’s chief executive is the latest business leader to speak out about restrictive voting legislation in states such as Georgia and Texas, calling for a federal bipartisan commission to investigate the measures. “The right to vote should be distributed in the broadest sense and anything that goes against that shouldn’t be tolerated,” said…MORE

The stock market is throwing a global party

The stock market is throwing a global party

Spurred on by renewed optimism about the post-pandemic recovery and a strong fear of missing out, investors keep pushing stocks higher. What’s happening: The Dow Jones Industrial Average closed above 34,000 for the first time on Thursday as Wall Street celebrated a strong start to corporate earnings season. But US stocks aren’t the only ones…MORE

Dogecoin price soars more than 100% to new record after Elon Musk tweets

Dogecoin price soars more than 100% to new record after Elon Musk tweets

For the second time this week, Dogecoin has hit a milestone. And this time around, it may be thanks to the world’s richest man. The virtual currency, which features the face of a Shiba Inu dog as its logo, soared more than 100% to hit an all-time high of $0.298 Friday morning, according to cryptocurrency…MORE

How to watch Prince Philip’s funeral

How to watch Prince Philip’s funeral

Millions of people around the world are expected to tune into Prince Philip’s funeral service on Saturday, which will be broadcast by major television networks and streamed online. The service honoring the Duke of Edinburgh will begin at 3 p.m. local time (10 a.m. ET) in St George’s Chapel, Windsor with a national minute of…MORE

Newsrooms confront the ‘police say’ problem

Newsrooms confront the ‘police say’ problem

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The podcaster and cultural critic Toure tweeted on Thursday, “We interrupt our coverage of the protests of the police murder of Daunte Wright which interrupted the trial of the police murder of George Floyd to…MORE

China’s economy grows by a record 18.3% in the first quarter

China’s economy grows by a record 18.3% in the first quarter

China just posted its strongest quarterly growth on record as the world’s second largest economy continued its robust recovery from the coronavirus pandemic. GDP growth of 18.3% year-on-year in the first quarter was the strongest since China began keeping records in 1992, and was driven by a surge in retail sales, industrial production and investment…MORE

Massachusetts wants to pull the plug on Robinhood

Massachusetts wants to pull the plug on Robinhood

Regulators in Massachusetts are seeking to pull the plug on Robinhood just as the booming app aims to go public in a blockbuster IPO. The Massachusetts Securities Division escalated its months-long battle against the controversial startup Thursday by moving to revoke its broker-dealer license in the state. To make their case, state regulators accused Robinhood…MORE

CBS News, still trying to find its way, is going from one president to two

CBS News, still trying to find its way, is going from one president to two

CBS is merging its national news division with its local TV stations and naming two executives to jointly run it all. Neeraj Khemlani is joining from Hearst and Wendy McMahon is joining from ABC. Both executives worked at CBS earlier in their careers. In the new structure, they will be presidents and co-heads starting in…MORE

Sotheby’s CEO explains why NFTs are the future

Sotheby’s CEO explains why NFTs are the future

Despite what Pete Davidson’s rap spoof suggests, NFT isn’t just for crazy kids with cash to burn. You want proof? You can buy them at Sotheby’s. The market for the unique digital collectibles remains volatile, but Sotheby’s has given the NFT space legitimacy. First Move’s Julia Chatterley spoke to Sotheby’s CEO Charles Stewart Thursday. People…MORE

BBC received more than 100,000 complaints over coverage of Prince Philip’s death

BBC received more than 100,000 complaints over coverage of Prince Philip’s death

The UK’s public broadcaster, the BBC, received over 100,000 complaints over the level of coverage of Prince Philip’s death, the network said Thursday. Figures made available by the BBC showed 109,741 complaints had been made, as of Thursday, “driven by reaction to the amount of coverage given to the death of the Duke of Edinburgh.”…MORE

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