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The International Energy Agency, which was founded by rich industrial nations after oil shocks in the 1970s to promote secure and affordable energy supplies, says the world needs to stop drilling for oil and gas right now to prevent a climate catastrophe. In order to reach net zero carbon emissions by 2050, the influential group

The latest round of federal stimulus payments of up to $1,400 per person lifted sales at Walmart, the largest retailer in the United States, as shoppers used their checks to buy clothing, home goods and other merchandise at stores and online. Walmart said Tuesday that sales at stores open for at least one year grew

Foxconn is partnering with automaker Stellantis to develop technology for vehicle cockpits, in the latest sign of the iPhone maker’s ambitions to grow in electric car manufacturing. The 50/50 joint venture, known as “Mobile Drive,” brings together Foxconn’s might in mobile software and consumer electronics with Stellantis’ vehicle design and engineering expertise to create a

Cryptocurrency enthusiasm is skyrocketing, and while information surrounding digital currency is becoming more attainable, there’s still a big gap between access and knowledge. That’s where cryptocurrency consultants come in. With digital currency markets in turmoil, crypto consultants are in high demand. Cryptocurrency popularity soared in April as trading platform Coinbase went public at a valuation

A confused Waymo self-driving car was captured on video as it became stranded on an Arizona road earlier this month while carrying a passenger and then unexpectedly driving away as a worker from the company’s roadside assistance arrived to help. But the Waymo vehicle soon became stuck farther down the road, which was lined with

New York Public Radio has fired commentator Bob Garfield, who co-hosted the WNYC show “On the Media,” for allegedly violating the company’s anti-bullying policy. The company announced the decision, which stemmed from a third-party investigation, on Monday. “This decision was made following a recent investigation conducted by an outside investigator that found that he had

Bill Gates‘s 2020 resignation from Microsoft’s board of directors came after the board hired a law firm to investigate a romantic relationship he had with a Microsoft employee, according to new reporting from the Wall Street Journal. Citing “people familiar with the matter,” the Journal reported Sunday that a Microsoft engineer had “alleged in a

Twenty five years ago, David Zaslav was instrumental in getting the brand-new cable news channel MSNBC into homes, sparking a new era of cable competition. Now Zaslav is in line to run a portfolio of media properties including CNN, the cable news pioneer. CNN is set to change corporate hands for the second time in

J. Crew, a brand known for its preppy aesthetic, is turning to a streetwear design veteran to help attempt a comeback after filing for bankruptcy last year. On Monday, J. Crew said it was tapping Brendon Babenzien, a former design director at Supreme — a brand popular among skateboarders, hip-hop fans and in youth culture

Discovery is an iconic brand in the cable world, as are CNN and HBO. Warner Bros., the home of franchises such as DC and Harry Potter, is one of the most influential studios in Hollywood. Now, all of those brands are coming together in hopes of not just surviving, but thriving in an media industry

The streaming TV race is about to get even more competitive. On Monday morning AT&T and Discovery, Inc. announced a deal under which AT&T’s WarnerMedia will be spun off and combined with Discovery in a new standalone media company. The deal, subject to regulatory approval, will combine two treasure troves of content, including the HBO

Book tickets. Schedule meetings. Obsess over your presentation. Pack a carry-on. Rush to the airport. Check out the lounge. Priority boarding. Take off. Land. Get to the hotel. Meet clients. Seal the deal. Fly home. Repeat. For countless executives and salespeople, business trips have been a bedrock of corporate life — loathed by some, loved

Elon Musk is once again giving crypto markets whiplash. The Tesla CEO is now saying that his company has not sold any bitcoin (XBT) after earlier appearing to suggest the opposite. His original Twitter exchange had led bitcoin to extend its losses. The latest cryptocurrency drama began Sunday when a user named CryptoWhale tweeted: “Bitcoiners

Burger King is bringing back crown-shaped chicken nuggets after a 10-year absence, the latest nostalgia play in the fiercely competitive fast-food industry. The “fan favorite” nuggets, which were removed from menus in 2011, are coming back following pleas from Burger King’s customers. Burger King fans had started a petition for their return that has attracted

Airline industry executives are cautiously optimistic that Europe’s accelerated vaccine rollout will allow travel restrictions to be lifted and spur a strong rebound in trips to the continent this summer. England reopened its borders for international leisure travel on Monday, but travelers are still required to take Covid tests at their own expense — and

Gojek and Tokopedia — two of Indonesia’s biggest startups — have agreed to merge to create the largest tech group in the country and one of the biggest ride-hailing and e-commerce companies in southeast Asia. The new entity will be called GoTo Group, the two companies said in statement Monday, and is backed by tech

Last week, the US Centers for Disease Control and Prevention advised that fully vaccinated people can be indoors and outdoors without wearing masks except when in health care settings, on public transportation, or in specified areas where masks are required. When CNN’s chief media correspondent Brian Stelter asked about the press’ role in covering the

How much content is enough? All signs point to a significant escalation in the streaming wars after AT&T and Discovery announced plans to combine two massive content catalogs. What’s happening: AT&T’s WarnerMedia division, which includes CNN, will be spun off and combined with Discovery in a new standalone media company, reports my CNN Business colleague