Category Archives: CNN – Business

Police scold TMZ after outlet was first to report death of Kobe Bryant

Police scold TMZ after outlet was first to report death of Kobe Bryant

At 2:24 p.m. ET, TMZ posted the story that stunned the world on Sunday: Basketball legend Kobe Bryant, at the age of 41, had died in a California helicopter crash. The tectonic news, which the celebrity-gossip website was first to report, swept the nation as other news organizations quickly confirmed the story. It also upset…MORE

Dow futures tumble 500 points as coronavirus spreads

Dow futures tumble 500 points as coronavirus spreads

US stock futures dropped sharply Monday as concerns grew over the spread of a deadly coronavirus. Dow futures fell by as much as 500 points, or 1.6%. S&P 500 futures were down about 1.6% and Nasdaq futures were lower by about 2.1%. Eighty people have been killed by the coronavirus, according to Chinese health officials.…MORE

The beauty industry is bigger than ever, but mascara is struggling

The beauty industry is bigger than ever, but mascara is struggling

When Kylie Jenner launched her billion-dollar cosmetic brand, Kylie Cosmetics, five years ago, an essential item was missing: mascara. Rihanna’s Fenty Beauty line, which she launched in 2017, didn’t sell mascara when it first launched, but she recently added the beauty product to the line. Lady Gaga’s beauty line also doesn’t include mascara. Mascara, the…MORE

Will the coronavirus outbreak knock global growth?

Will the coronavirus outbreak knock global growth?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The Wuhan coronavirus outbreak spooked financial markets last week. Now investors are on high alert for economic repercussions. The virus appeared in the Chinese city of Wuhan last month and has since…MORE

Trump’s attorney goes to hell in ‘Saturday Night Live’ cold open

Trump’s attorney goes to hell in ‘Saturday Night Live’ cold open

President Donald Trump’s attorney Alan Dershowitz, played by guest star Jon Lovitz, wound up in hell during the “Saturday Night Live” cold open. Lovitz’s Dershowitz was meeting with Sens. Mitch McConnell (Beck Bennett) and Susan Collins (Cecily Strong) about the impeachment trial before he had a heart attack. The scene then goes to hell, literally,…MORE

Stocks dive as fears over coronavirus spread

Stocks dive as fears over coronavirus spread

The Dow and the broader stock market ended deep in the red on Friday as fears over the spread of the Wuhan coronavirus tainted investor sentiment. Stocks started the day higher as it appeared markets were shrugging off the coronavirus news, but took a turn for the worse after a second case was confirmed on…MORE

FAA says 737 Max could return sooner than Boeing said

FAA says 737 Max could return sooner than Boeing said

Just three days after Boeing warned airlines that they shouldn’t count on the 737 Max flying again before midyear, the US Federal Aviation Administration said Friday it might move faster than that. FAA Administrator Steve Dickson spoke Friday with senior officials at Southwest, United and American Airlines, the three US carriers that own the plane,…MORE