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Hong Kong used to be the poster child for economic freedom. Not anymore
Hong Kong has been booted off an index of economic freedom that it used to lead, dealing another blow to the city's standing as a global business hub.
[ cnn.com ]Texas governor faces fallout after lifting Covid restrictions
Texas Gov. Greg Abbott is facing a torrent of criticism over his surprise decision to roll back his state's mask mandate and business restrictions -- moves that strategists and activists in both parties said are aimed at appeasing an impatient Republican base ahead of his 2022 reelection bid and with an eye on the 2024 presidential race.
[ cnn.com ]Texas power outages reveal the limits of partisanship
On March 2, 1836, Texas declared its independence from Mexico. Texas has the distinction of having been an independent nation before joining the United States. The history books say Texas joined the Union in 1845. Sometimes I wonder if Texas ever really, fully joined the Union -- especially on days like this, when while the US remains in the grips of a capricious, widespread lethal contagion, the governor ended Texas' mask mandate Tuesday and declared that all businesses in his state can be open -- 100% -- in a matter of days.
[ cnn.com ]Sinclair to lay off hundreds of employees, citing 'profound impact' pandemic has had on its business
Citing the coronavirus pandemic, the Sinclair Broadcast Group said on Wednesday that it will reduce its workforce by approximately 5%, amounting to hundreds of layoffs across the company.
[ cnn.com ]These Texas chains will still require masks once the state's mandate is lifted
The end of mask mandates in Texas and Mississippi has created a dilemma for businesses: Keep such safety rules in place to protect against Covid-19 spread, as leading health officials advise, or follow the two states' decisions and loosen restrictions.
[ cnn.com ]The Trumps are back, playing victims again
He lost the White House (big time), and (on his watch) his party lost the Senate and the House in the midterms. He lost Twitter and Facebook. Revenues are down across his business empire. What's a losing businessman-turned-politician to do?
[ cnn.com ]Inside the complicated business of disguising 5G equipment
For years, artificial cacti have lined the sandy roadsides of North Scottsdale, Arizona. They look real at first glance but tucked inside are antennas and radio equipment that provide 4G LTE wireless connectivity to the area. Large concealment structures like this, which in this case are about 24 feet tall, have become so good it's sometimes hard to tell the real cacti from the fakes.
[ cnn.com ]Mr. Potato Head is the latest weapon in the Fox News culture wars
Mr. Potato Head caused a lot of buzz last week, and Fox News played a big part in that. Over the past week, the plastic toy — and its gender — has been mentioned at least 35 times on Fox News and Fox Business combined.
[ cnn.com ]How long should movies be in theaters before streaming? Hollywood is trying to find out
With the movie business upended during the pandemic and tilting more towards streaming than cineplexes, Hollywood is rethinking its business model. One significant debate is how long a gap there should be between a film's theatrical release and its availability on streaming services.
[ cnn.com ]Manufacturing CEO: Before Biden, it felt like we were fighting the pandemic alone
A former Republican operative who now leads one of the nation's most powerful business groups is praising President Joe Biden's efforts to defeat the coronavirus pandemic.
[ cnn.com ]50 prominent men join push to pay moms for 'unpaid labor at home'
Fifty prominent men, including business leaders, athletes and actors, are backing a proposal that would pay moms $2,400 a month for their "unpaid labor at home," as record numbers of women have left the workforce due to the coronavirus pandemic and the economic crisis.
[ cnn.com ]Manhattan DA faces critical decisions in Trump investigation as his time in office runs low
At the helm of the most significant criminal investigation facing Donald Trump, his family and his business, Manhattan's top prosecutor faces a daunting task heading into his final months in office while sifting through millions of newly obtained pages of financial records related to the former President.
[ cnn.com ]AT&T is selling a stake in DirecTV, ending an infamous saga
AT&T on Thursday sold a minority stake in its video business to private equity firm TPG. The deal values DirecTV, AT&T TV and U-Verse at roughly $16 billion combined — less than a third of the $49 billion AT&T spent to buy DirecTV in 2015.
[ cnn.com ]Airbnb and DoorDash went public at the same time
Airbnb and DoorDash went public the same week in early December and were both met with strong demand from investors. But in their first earnings reports as publicly traded companies on Thursday, the two sharing economy businesses signaled very different possible paths forward after the pandemic ends.
[ cnn.com ]Analysis: Where the stimulus bill stands in Congress, and what comes next
The major order of business for President Joe Biden and Congress is to pass a $1.9 trillion Covid relief package before the round of unemployment benefits and other aid approved in December lapse, again leaving millions of Americans short of help.
[ cnn.com ]Zillow will now make cash offers for homes based on its 'Zestimates'
Zillow is no longer just an online platform for browsing available homes or for creeping on the value of your neighbor's house. In recent years, the company has also begun actually buying, fixing up and selling homes itself through a new division called Zillow Offers — a major shift in its business model.
[ cnn.com ]Brexit leaves London fighting for its future as Europe poaches business
London has been the unrivaled king of European finance for more than three decades. Brexit is starting to change that.
[ cnn.com ]Both parties tangled over the size and scope of the $1.9 trillion relief package, despite the broad public support and a push by business leaders to get it passed
Democrats and Republicans tangled over the size and scope of Joe Biden's $1.9 trillion Covid-19 relief plan Wednesday, despite the broad public support for the package and a new push by business leaders to get it passed -- a sign of the difficulties facing the new President, who had hoped to be a bridge beyond Washington's partisan gridlock.
[ cnn.com ]Analysis: Australian law is hailed as 'a big win for the news business' with ramifications around the world
A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here.
[ cnn.com ]A year into the pandemic, people who have money have benefited from booming markets while those who have less money have suffering greatly
Do you read the following headline from CNN Business and get a little nervous? Housing market concerns begin to emerge
[ cnn.com ]