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Investing
GM workers in Brazil go on strike in protest against layoffs
Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the US-based…
Dogecoin leads way as large cryptocurrencies post advances
All large cryptocurrencies were up during morning trading on Monday, with Dogecoin
DOGEUSD,
+4.45%
seeing the biggest change, rising 4.89% to…
Two economic indicators with with spooky significance
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.
There are two…
Moderna’s stock suffering record losing streak as ‘investor caution remains high’ over COVID vaccine sales
Shares of Moderna Inc. were in danger of breaking their record for consecutive declines as investors express increasing caution over slowing sales of COVID…
How McDonald’s Middle East franchises got into a public feud over Israel
Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on.
In Israel, a local…
Will the real P/E ratio please stand up?
There’s no single P/E ratio, causing no end of confusion. The reason there’s more than one ratio traces to ambiguity about the denominator. While the numerator is a…
Panera faces lawsuit over ‘Charged Lemonade’ energy drink after 21-year-old’s death
A 21-year-old woman with a heart condition is dead after consuming a heavily caffeinated energy drink at Panera Bread that she may have…
Higher-for-longer interest rates challenge banks as mixed Q3 earnings stack up
The higher-for-longer interest-rate environment weighed on banks during the quarter as one central theme this earnings season, banking-industry players told…
Apple faces ‘ominous’ setup heading into earnings, analyst warns
Apple Inc. faces “ominous headwinds” going into its next earnings report, an analyst warned Monday. “In our view, the combination of a downtrodden economy…
Kim Kardashian is making Skims for men
Skims, the underwear and apparel brand founded by Kim Kardashian, is hoping to attract new customers: men.
The four-year-old…