CNN Business

CNN Business


Your guide to tech, media, finance and the future

1820382 followers  •  963 follow  •    •   https://t.co/ZLgYiheZkS

KFC is asking its franchisees in four states with a resurgence of coronavirus cases — Florida, Texas, Oklahoma and California — to stop dine-in services. KFC is immediately stopping dine-in service in 40 Florida restaurants that are owned by the company.

A New York court has lifted a temporary restraining order on President Trump's niece, Mary Trump, clearing the way for her to promote her tell-all book in the news media

The CEO of a San Francisco-based technology company who was seen in a viral video making racist remarks against an Asian American family has resigned from his company

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.

The Dow, which surged as many as 563 points, ended the day up just 11 points. The S&P 500 at one point was up 1.6% and briefly turned positive for 2020. But it closed down about 0.9%. The Nasdaq swung the most ⁠— it had been up 1.9% and closed down 2.1%.

“The uncertainty factor beyond a couple of months out unfortunately is quite high," says PepsiCo CFO Hugh Johnston about the current state of the economy. Healthy breakfast and comfort foods are in, while soda sales have lost some fizz, he tells @JChatterleyCNBC .

The Atlanta Braves will not be changing their name, but the "Tomahawk Chop" chant may be on the chopping block

Businesses have had to embrace social distancing during the coronavirus pandemic, and perhaps none more so than an English pub that installed an electric fence to keep thirsty customers at bay. The fence is not usually turned on.

Loading
Loading

The US unemployment rate surprisingly fell to 13.3% in May as Covid-19 restrictions eased in some areas. The economy added 2.5 million jobs.

This Kenyan company uses condensation to harvest drinking water from the air

tweet picture

"Instead of funneling money to companies and hoping for the best, we should be directing funds to families. This would give Americans a secure path forward and give us all a real chance to beat this pandemic," writes @AndrewYangVFA  | Perspectives

A stronger dollar would be great for U.S. consumers, but less so for Corporate America

tweet picture

Starbucks said it is temporarily suspending the use of personal cups and tumblers at its stores to help prevent the spread of coronavirus

J.Crew Group, which operates both J.Crew and Madewell, has become the first national retailer to file for bankruptcy protection since the coronavirus pandemic forced a wave of store closures

JUST IN: Another 5.2 million workers filed for their first week of unemployment benefits last week, according to the US Department of Labor, bringing the total number of Americans who have filed initial jobless claims to around 22 million since March 14.

Loading
Loading