Category Archives: CNN – Business

Dow surges then fizzles after stocks briefly turn positive for 2020

Dow surges then fizzles after stocks briefly turn positive for 2020

The remarkable stock market comeback of 2020 briefly had another notch in its belt Monday: Stocks once again turned positive for the year. But the sizable rally fizzled late in the day, and the market turned negative. California’s decision to close indoor spaces, such as bars, restaurants and movie theaters, made some investors question whether…MORE

National French Fry Day is today. Here’s where to grab free fries

National French Fry Day is today. Here’s where to grab free fries

Today is National French Fry Day and not even coronavirus can ruin America’s love affair with the crispy golden spuds. The annual July 13 celebration gives fry lovers nationwide a chance to score deals on fries. Here’s a few places offering free or discounted fries: McDonald’s french fry fans can get a free medium-sized order…MORE

Jack Ma cashes out billions of dollars in Alibaba shares as stock booms

Jack Ma cashes out billions of dollars in Alibaba shares as stock booms

Alibaba founder Jack Ma has sold billions of dollars worth of his shares in the Chinese ecommerce company over the past year as its stock has skyrocketed by about 50%. Ma, one of China’s richest people, cut his stake from 6.2% to 4.8%, according to the company’s annual report. The report did not say when…MORE

Prosecutor Andrew Weissmann’s book on Mueller investigation already cleared by Trump administration, publisher says

Prosecutor Andrew Weissmann’s book on Mueller investigation already cleared by Trump administration, publisher says

Prosecutor Andrew Weissmann’s book about the Mueller investigation—which appears to be critical of the President—has been cleared by Trump administration reviewers, his publisher said on Monday. Random House announced Monday that Weissmann’s book, titled “Where Law Ends: Inside the Mueller investigation,” will publish on September 29. London King, a spokesperson for Penguin Random House, said…MORE

Hong Kong Disneyland will close again after a surge in coronavirus cases

Hong Kong Disneyland will close again after a surge in coronavirus cases

Hong Kong Disneyland is once again closing its gates. The resort, which reopened on June 18, is shutting down after Hong Kong tightened its social-distancing measures following a rise of 52 new coronavirus cases in the city. “As required by the government and health authorities in line with prevention efforts taking place across Hong Kong,…MORE

New York & Co. parent RTW Retailwinds files for bankruptcy

New York & Co. parent RTW Retailwinds files for bankruptcy

RTW Retailwinds, which owns women’s retailer New York & Co., has filed for bankruptcy, continuing the steady march of Chapter 11 filings for brands that were once mall staples. Last month, RTW bleakly warned its future was in “substantial doubt” and that a bankruptcy filing was imminent because of temporary closures caused by the pandemic.…MORE

Chipotle is testing cauliflower rice in some US restaurants

Chipotle is testing cauliflower rice in some US restaurants

Chipotle is testing cauliflower rice as customers’ tastes continue to shift toward healthier options. Beginning Wednesday, the cilantro-lime flavored rice alternative will be available in 55 restaurants in Denver and throughout Wisconsin for a limited time. Chipotle said in a release Monday the new menu item, its third over the past year, has been one…MORE

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