Category Archives: CNN – Business

This app completely disrupted the trading industry

This app completely disrupted the trading industry

Robinhood’s free-trading ethos turned the online brokerage industry on its head. Established players were forced to rewrite their business models by abolishing commissions. The extreme disruption even prompted the blockbuster merger of industry leaders Charles Schwab and TD Ameritrade. Robinhood, the zero-commission online broker that recently surpassed 10 million users, is celebrating the rapid change…MORE

Cannabis’ largest trade show is pretty ordinary, and that’s what the industry wants

Cannabis’ largest trade show is pretty ordinary, and that’s what the industry wants

A stroll through the show floor this week at Sin City’s convention center felt like your garden-variety glitzy business expo, except for the plentiful portrayals of cannabis leaves. MJBizCon, cannabis’ biggest trade show, is slick, well-heeled, popular and professional. It’s a stark reminder of how this fast-growing — yet still federally illicit — sector has…MORE

“We’re on deadline”: The Newseum is closing down after 12 years in Washington

“We’re on deadline”: The Newseum is closing down after 12 years in Washington

The Newseum is about to close its doors. On Wednesday, the soaring Pennsylvania Avenue building dedicated to the First Amendment held its final public event. And on New Year’s Eve the museum will shut down after twelve years in Washington. It previously operated nearby in Rosslyn, Virginia. “We’re on deadline,” the museum’s website says, urging…MORE

Can ‘Jumanji: The Next Level’ repeat box office history?

Can ‘Jumanji: The Next Level’ repeat box office history?

“Jumanji: The Next Level” is targeting a $45 million opening when it debuts nationwide this weekend. Sony Pictures is more conservative, predicting a $35 million debut instead. Both numbers are impressive for a film opening in early December, a typically slow time of the year for the box office before the busy holiday season. But…MORE

Stocks whipsawed following news of a US-China trade deal

Stocks whipsawed following news of a US-China trade deal

Stocks were flat Friday after Chinese officials said that a phase one deal had been reached with the United States that would avert an escalation of the trade war and higher tariffs that were set to kick in on Sunday. President Trump confirmed the news in a series of tweets. It was a choppy day…MORE

Labor Board sides with McDonald’s in landmark case

Labor Board sides with McDonald’s in landmark case

The National Labor Relations Board decided Thursday that McDonald’s can settle a case that accuses the burger chain of retaliating against employees who tried to unionize. The case stems from a series of complaints filed against the company and some of its franchise operators in 2014, which were later consolidated. The Fast Food Workers Committee…MORE

The risk of a nightmare Brexit for business hasn’t gone away

The risk of a nightmare Brexit for business hasn’t gone away

Prime Minister Boris Johnson now has a clear path to take Britain out of the European Union. But companies still face huge risks from the looming divorce. A convincing win in Thursday’s election gives Johnson the votes needed to move his Brexit deal through parliament and pull Britain out of the bloc by the latest…MORE

Hasbro rolls out official Baby Yoda toys

Hasbro rolls out official Baby Yoda toys

It’s what we’ve all been waiting for. Hasbro, the toymaker, announced that Baby Yoda toys and collectible figures are finally available for purchase, and they’re starting at $9.99. That’s right — the cutest alien in the galaxy could soon be yours, filling our homes with joy and adorableness. The toys are now available for pre-order,…MORE

Investors are getting exactly what they want for the holidays

Investors are getting exactly what they want for the holidays

Happy Friday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Uncertainty regarding two of the biggest headwinds facing the global economy — trade and Brexit — appeared to lift on Friday, clearing the way for investors to pile into the…MORE

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