London CNN — At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not slow down as much as they had feared. Positive developments included China’s reopening, signs of resilience in Europe and falling energy prices. But a crisis in the banking sector that emerged last month has […]
London CNN — Cineworld’s stock plummeted 36% Tuesday afternoon to an all-time low after the company said it had filed a plan to reorganize its business and shareholders would not recover any of their funds. The embattled owner of Regal Cinemas said it had submitted a final version of the plan to a US bankruptcy […]
Award-winning and record-breaking cartoonist Al Jaffee, best known for his work with revered satirical publication Mad Magazine, has died. He died aged 102 in a Manhattan hospital on Monday due to multi-system organ failure, his granddaughter Fani Thomson told the New York Times. A prolific artist, Jaffee holds the Guinness World Record for the longest […]
In partnership with Written by Daisy McManaman The views expressed in this commentary are solely those of the writers. CNN is showcasing the work of The Conversation, a collaboration between journalists and academics to provide news analysis and commentary. The content is produced solely by The Conversation. Hugh Hefner launched Playboy Magazine 70 years ago […]
CNN — The Italian Coast Guard is leading rescue efforts to save at least 400 migrants adrift on a boat in the Mediterranean Sea between Italy and Malta, along an immigration route that NGOs have warned is perilously dangerous. Three rescue operations involving several vessels are ongoing to assist the boat of 400 migrants, as […]
New York CNN — Tupperware shares fell nearly 40% in early trading Monday following a bleak warning that its future is looking murky. In a regulatory filing late Friday, the container maker said there’s “substantial doubt about the company’s ability to continue as a going concern,” and that it’s working with financial advisers to find […]
CNN — The assistant referee who appeared to elbow Liverpool’s Andy Robertson during an English Premier League game on Sunday will not be involved in any matches while English football’s governing body investigates the incident, the body responsible for Premier League referees said in a statement. The Football Association (FA) is investigating the incident which […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — In an unusual coincidence, the US jobs report was released on a holiday Friday […]
CNN — Starbucks is betting big on olive oil infused coffee, hoping customers will be enticed by the anomaly and the health benefits of extra virgin olive oil. “It is one of the biggest launches we’ve had in decades,” Brady Brewer, Starbucks’ chief marketing officer, told CNN. Former CEO Howard Schultz added in an interview […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — There’s been a seismic shift in investor perspective: Bad news is no longer good […]
