Friday, February 28, 2020
Sports car enthusiasts will sometimes balk at electric cars due to their usual lack of manual transmissions (there's no need for a gearbox, after all), but Ford has hinted that stick shifting might not be completely dead. The automaker...
Alphabet's startup investments appeared to be a headache for the company in its most recent quarter. Google (GOOGL)'s parent company said Monday that its revenue for the three months ending in September topped $40 billion, an increase of 20% from...
Happy Sunday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Will Federal Reserve Chair Jerome Powell deliver a third consecutive interest rate cut? Investors sure...
WASHINGTON — The U.S. federal budget deficit jumped 26% in the 2019 fiscal year to $984 billion, reaching its highest level in seven years as the government was forced to borrow more money to pay for President Donald Trump’s...
Growth at McDonald's missed some expectations in the third quarter, suggesting that the chain is feeling the heat from competitors who are getting aggressive on breakfast and plant-based menu items. McDonald's (MCD) shares dropped about 5% on the news Tuesday. The...
Microsoft CEO Satya Nadella got a 66% raise in the company's latest fiscal year. Nadella received $42.9 million in total compensation up from $25.8 million the year prior. With a base salary of more than $2.3 million, most of his...
Happy Sunday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. The biggest American banks report earnings this week, and they will probably be hampered by...
Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects its acquisition of...
The retail apocalypse over the past several years has devastated America's department stores, chains and mom-and-pops. Stores are closing at record levels. The number of people working in retail is on the decline. And all of that has happened at...
US stocks, which rallied at the start of 2019, ended the third quarter on a much quieter note. Stocks finished the last trading day of the quarter higher on Monday, but have been on a downward trend of late. The...

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