Category Archives: CNN – Business

The most important interest rate you’ve never heard of is about to change

The most important interest rate you’ve never heard of is about to change

Libor is the world’s most quoted interest rate, governing some $200 trillion of debt and contracts, including mortgages and consumer loans. After years of manipulation scandals the rate is now on its way out. Replacing it will be anything but easy. It also means any regular investor with a floating rate loan will experience some…MORE

GE dodges a bullet in Trump’s battle with China

GE dodges a bullet in Trump’s battle with China

General Electric appears to have a dodged a bullet in President Donald Trump’s fight with China over the theft of American trade secrets. The Trump administration is poised to give a GE joint venture the green light to continue exporting jet engines to China — despite national security concerns raised by some US officials. That…MORE

Solar might be Tesla’s secret weapon

Solar might be Tesla’s secret weapon

Most investors only think about electric cars when they think about Tesla. But the company’s solar power and storage battery business could be a major factor in the performance of Tesla shares, according to a new analyst note. Alex Potter, an analyst with Piper Sandler, raised his price target on Tesla shares to $928, up…MORE

Bud Light Seltzer is already a sensation

Bud Light Seltzer is already a sensation

Bud Light Seltzer is already one of the country’s top-selling hard seltzer beverages within weeks of launching. The drink from Anheuser-Busch InBev hit shelves mid-January and is the third-most popular spiked seltzer, according to sales data from Nielsen released Tuesday. White Claw is still the most dominant brand, controlling roughly 60% of the category, followed…MORE

Companies warn they might not have enough workers under new UK immigration system

Companies warn they might not have enough workers under new UK immigration system

Companies in Britain are warning that a new immigration system that prioritizes skilled workers could lead to labor shortages in industries including farming and social care. The UK government on Wednesday unveiled a system under which potential immigrants to the country will be assigned points based on their specific skills and qualifications, potential salary and…MORE

Boeing says it found debris in fuel tanks of parked 737 Max jets

Boeing says it found debris in fuel tanks of parked 737 Max jets

Boeing found debris in the fuel tanks of several 737 Max jets that have been sitting in storage. It’s the latest problem Boeing faces as it tries to get the 737 Max back in the air. In a note to Boeing employees, the company said that foreign object debris, referred to as FOD, “is absolutely…MORE

Burger King thinks moldy Whoppers will get you to buy more burgers

Burger King thinks moldy Whoppers will get you to buy more burgers

Burger King is re-“molding” the image of its signature Whopper in a nauseating new ad campaign that promotes efforts to eliminate artificial preservatives and other additives from the company’s menu. The burger chain on Wednesday unveiled pictures of its new, preservative-free Whopper. In the campaign, the Whopper is covered in mold, decaying as it’s consumed…MORE

Apple warned on coronavirus. Who’s next?

Apple warned on coronavirus. Who’s next?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Apple’s surprise announcement that the coronavirus outbreak will prevent it from hitting its first quarter revenue targets sent a shiver through global markets. Now, investors are concerned: Is every company with exposure…MORE

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