Category Archives: CNN – Business

News outlets ask: Is this the beginning of the end of the pandemic?

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The beginning of the end Should that headline come with an exclamation point, a question mark or a period? Different people will have different answers to that question. But Thursday’s big CDC announcements — if…MORE

How stores are responding to CDC’s new mask guidance

How stores are responding to CDC’s new mask guidance

CVS, Walgreens and Macy’s said they are reviewing their requirements for facial coverings following new CDC guidance easing mask wearing for people vaccinated against Covid-19. The CDC said Thursday that fully vaccinated people do not need to wear masks or practice social distancing indoors or outdoors, except under certain circumstances such as in healthcare settings,…MORE

Why the ‘Friends’ reunion is a critical moment for HBO Max

Why the ‘Friends’ reunion is a critical moment for HBO Max

The long-awaited and much anticipated “Friends” reunion is coming to HBO Max at last. “Friends: The Reunion” will debut on the WarnerMedia streaming service on May 27. (HBO Max is owned by WarnerMedia, which is also the parent company of CNN.) The event, which brings together stars Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc,…MORE

Disney+ growth has slowed. That’s bad news for Disney

Disney+ growth has slowed. That’s bad news for Disney

Streaming has carried Disney through the pandemic with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney’s media universe shined a little less bright on Thursday. Disney+ now has 103.6 million subscribers, below the 110 million that many on Wall Street were expecting. Disney’s stock was down as much as…MORE

Exxon uses Big Tobacco’s playbook to downplay the climate crisis, Harvard study finds

Exxon uses Big Tobacco’s playbook to downplay the climate crisis, Harvard study finds

For decades, ExxonMobil has deployed Big Tobacco-like propaganda to downplay the gravity of the climate crisis, shift blame onto consumers and protect its own interests, according to a Harvard University study published Thursday. The peer-reviewed study found that Exxon publicly equates demand for energy to an indefinite need for fossil fuels, casting the company as…MORE

Ethereum co-founder donates $1 billion of shiba inu coin to India Covid relief

Ethereum co-founder donates $1 billion of shiba inu coin to India Covid relief

Ethereum co-founder Vitalik Buterin donated $1 billion worth of shiba inu coin — a dogecoin spinoff — to a Covid-19 relief fund in India. The 27-year-old Russian-Canadian programmer transferred more than 50 trillion shiba inu coins on Wednesday to the India Covid-Crypto Relief Fund, according to his public wallet. He also transferred 500 ether (or…MORE

How investors can protect themselves from rising prices

How investors can protect themselves from rising prices

Inflation is all that the market seems to care about these days. Wages are rising, consumer prices are surging — and investors are worried the Federal Reserve will raise interest rates faster than expected to keep inflation in check. So what’s an investor to do? The S&P 500 is down more than 2% in the…MORE