Category Archives: CNN – Business

Hong Kong’s security law could have a chilling effect on press freedom

Hong Kong’s security law could have a chilling effect on press freedom

Hong Kong insists its vibrant community of journalists has nothing to fear from the national security legislation China imposed on the city this week. But press freedom advocates worry about creeping self-censorship, and there are signs that the new law may already be having a chilling effect. In what was once seen as a safe…MORE

Hugh Downs, anchor of ’20/20′ and ‘Today,’ dead at 99

Hugh Downs, anchor of ’20/20′ and ‘Today,’ dead at 99

Hugh Downs, the versatile and Emmy-winning broadcaster whose decades-long TV career ranged from anchoring ABC News’ “20/20” to the “Today” show to serving as Jack Paar’s sidekick on “The Tonight Show,” has died at his home in Scottsdale, Arizona. He was 99. Local outlet AZFamily was first to report the news of Downs’ passing, citing…MORE

Home Depot changes rope sales practice after nooses are found in store

Home Depot changes rope sales practice after nooses are found in store

Home Depot has changed the way it sells rope after a customer reported finding nooses hanging in a North Carolina store — the latest in a series of similar incidents at its stores in recent years. In early June, as the nation faced widespread protests over the killing of George Floyd, a Charlotte resident said…MORE

Another leader at Refinery29 steps down after allegations of toxic work environment

Another leader at Refinery29 steps down after allegations of toxic work environment

Amy Emmerich, global president and chief content officer of Refinery29, announced Thursday that she is stepping down from her position immediately. Emmerich announced the news in an email to staff that was obtained by CNN Business. Her resignation comes amid an internal investigation into allegations of toxic workplace behavior at Refinery29. Vice Media, which acquired…MORE

Taco Bell is releasing a grilled cheese burrito

Taco Bell is releasing a grilled cheese burrito

Cheese lovers: Get ready. Taco Bell on Thursday unveiled its new grilled cheese burrito, which has both cheese on the inside and outside. The company said in a news release that it’s the “cheesiest new menu item of the year so far.” The fast-food chain said it took inspiration from the classic grilled cheese sandwich…MORE

Unemployment rate won’t recover for the next decade, CBO projects

Unemployment rate won’t recover for the next decade, CBO projects

America’s recovery from the pandemic recession could last through the better part of the next decade, according to the Congressional Budget Office‘s 10-year forecast published Thursday. The Covid-19 outbreak and subsequent lockdown has brought the economy to a stop, and even though states are slowly reopening, it will be a tough next decade as the…MORE

Lemonade, the online insurer, surges in Wall Street debut

Lemonade, the online insurer, surges in Wall Street debut

Lemonade was just what investors wanted right before the long July 4th weekend. Shares of the online insurer, backed by SoftBank, surged in their market debut. Lemonade priced its initial public offering at $29 a share and wound up soaring nearly 140% to finish Thursday above $69. The company raised nearly $320 million from the…MORE