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The CEO of Japan’s top e-commerce company said Friday that it would be a “suicide mission” for the country to host the Olympic Games this summer. The comments by Rakuten CEO Hiroshi Mikitani in an exclusive interview with CNN Business are among the strongest yet from corporate leaders worried about holding the event as the

Apple parted ways with a new employee this week after thousands of workers petitioned the company to investigate how it hired the man, who had previously published an autobiography they said contains misogynistic statements. Antonio García Martínez, formerly a product manager for ad targeting at Facebook as well as the author of the 2016 autobiography

Disney’s parks division, one of the company’s foundations since the opening of Disneyland in 1955, is trying to rebound after a challenging year that brought extended closures and significant layoffs. However, the unit received news Thursday that could give Disney’s parks a much-needed boost. The US Centers for Disease Control and Prevention announced that people

Shoppers who are vaccinated against Covid-19 can shop without masks in some Walmart, Sam’s Club and Costco locations as well as at Trader Joe’s, the companies said in separate announcements Friday. The news follows new guidance that fully vaccinated people can go without masks under most circumstances. On Thursday, the Centers for Disease Control and

On the morning of April 17, two brothers in Westchester, New York, woke up to learn that they had become millionaires overnight, thanks to an unlikely wager on a cryptocurrency that was originally created as a joke. Tommy, 38, and James, 42, who have asked CNN not to publish their last names to protect their

Trader Joe’s customers don’t have to wear a mask while shopping, the grocery chain said Friday. The news follows new guidance that allows fully vaccinated people to go without masks under most circumstances. On Thursday, the Centers for Disease Control and Prevention announced that fully vaccinated people don’t have to wear masks or practice social

“L O V E L Y Oakland!” the house description began. It went on to give a slew of details about the 1,484 square-foot home — light-filled, charming, Mediterranean-style, with a yard that “boasts lush front landscaping” — and finished by describing the “cozy fireplace” and “rustic-chic” pressed tin ceiling in the living room. It

Bird, the startup that pioneered shared electric scooters, plans to go public as soon as this summer. Bird will merge with a special purpose acquisition company, Switchback II Corporation, valuing the startup at $2.3 billion. After the merger, the company will have up to an additional $428 million in cash to fund operations and growth.

US retail sales came back down to Earth in April after stimulus checks sent Americans on a shopping spree in March. Month-over-month, retail sales were flat in April, the Census Bureau reported Friday. Stripping out car and auto parts, sales actually declined slightly, by 0.8%. The massive March advance that came on the back of

Target has announced that it will temporarily stop selling trading cards — of both the sports and Pokémon variety — in stores following a recent violent dispute at one of its locations. Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards. “The

Delta Air Lines is requiring new employees to get the Covid-19 vaccine, making it one of the largest US companies to issue a mandate. “Any person joining Delta in the future we will mandate to get vaccinated before they can sign up with the company,” CEO Ed Bastian told CNN’s Richard Quest in an exclusive

Ransomware attacks draw headlines when they take down major operations: hospitals, cities and most recently, a US fuel pipeline. Not only do cybercriminals scam businesses demanding large sums of money or they’ll wreak havoc on their computer systems, this week’s gas shortages showed how it can also have broader impacts. But ransomware against individuals —

Companies are gearing up for an era in which Covid-19 isn’t the primary driver of how people spend their money. The big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past? Airbnb,

Hyundai and Kia are pouring billions of dollars into the United States, where they plan to start building electric cars and invest more in futuristic technologies. The South Korean carmakers announced Thursday that they would invest $7.4 billion in the country over the next four years. The funding will help the companies gradually expand manufacturing,

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

The desirability of an Hermès Birkin handbag — a symbol of rarefied wealth — is such that not even a global pandemic can dull demand for it. Instead, it has helped fire it up even more. The bags are getting scooped up at record premiums in the pandemic era, according to Birkin resellers. Auction house

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