Amazon announces $15 minimum wage for all US employees
New York CNN Business — Amazon is raising its minimum wage to $15 an hour for all US employees. The change takes effect November 1 and applies to full-time, part-time…
JCPenney names Jill Soltau as its new CEO
Editor’s Note: This story originally published on October 2, 2018. New York CNN Business — Jill Soltau, a veteran retail leader most recently in charge of Joann fabric and craft…
Tencent Music plans to public on US exchange
This story originally published on October 2, 2018. New York CNN Business — Tencent Music has filed plans to go public in the United States in what could be one…
Toys ‘R’ Us brand may be brought back to life
New York CNN Buiness — Toys “R” Us may be coming back. The company closed all of its US stores in June as part of a bankruptcy liquidation. But the…
Honda teams up with GM on self-driving cars
New York CNN Business — Honda and General Motors are teaming up to create a new generation of fully autonomous vehicles. Honda will invest $2 billion over 12 years into…
Aston Martin IPO values James Bond’s favorite car brand at $5.6 billion
Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion. But its first day of trading in London…
Barnes & Noble stock soars 20% as it explores a sale Barnes & Noble stock soars 20% as it explores a sale
Editor’s Note: This story originally published on October 3, 2018. New York CNN Business — Barnes & Noble stock jumped more than 20% after the board said it would consider…
Why it’s time for investors to go on defense
CNN — It’s time for investors to start making safer bets. That’s what Howard Marks, co-chairman of Oaktree Capital, told CNNMoney editor-at-large Richard Quest on “Markets Now” on Wednesday. “Defense…
7 things to know before the bell
Click chart for more in-depth data. 1. The race to driverless cars: SoftBank (SFTBF) and Toyota (TM) are forming a joint venture that will use driverless-car technology to offer new…
Lou Dobbs, Iconic US News Anchor, Dies at Age 78
Beloved Former News Anchor Lou Dobbs is dead at 78 Conservative US political broadcaster and prominent Donald Trump admirer Lou Dobbs passed away at 78, according to an update issued…