Money

After their son’s death, Dan and Dorothy Kearns said they were horrified to learn that their panicked 20-year-old repeatedly tried and failed to get in touch with Robinhood about his negative account balance of $730,000. College student Alex Kearns mistakenly believed he owed that staggering sum of money and took his own life last June

It’s been a chaotic few years for Mr. Peanut, who died in early 2020 and was reborn as a baby nut as part of a Super Bowl ad campaign. Now he has a new home: Kraft is selling Planters to Hormel, the maker of Spam and Skippy, in a $3.35 billion deal. The sale, which

Taylor Swift announced on Good Morning America Thursday that a rerecording of one of her first albums, “Fearless,” will be released on April 9. But why is one of the biggest artists in music spending her time rerecording an album she released 13 years ago? “Fearless” — for those of you who don’t live and

Whitney Wolfe Herd isn’t based in Silicon Valley. She doesn’t have a STEM degree and she didn’t raise billions in venture capital. But Wolfe Herd’s company, Bumble, is set to have one of the most high-profile technology IPOs of the year so far, in what will be a milestone moment not just for her business

Meghan, Duchess of Sussex, has won a privacy claim in her case against a tabloid newspaper that published a handwritten letter to her estranged father, Thomas Markle. The judge in the case issued a summary judgement, which will avoid a full trial. Markle sued newspaper publisher Associated Newspapers Limited after the group’s tabloid, the Mail

The Biden administration has asked two federal appeals courts to pause litigation over former President Donald Trump’s attempts to ban TikTok and WeChat from the United States. In a court filing Wednesday, the US government said the Biden administration seeks a pause while it conducts a review of the Trump administration’s approach to the Chinese-linked

The pandemic has left more than a quarter of British adults financially vulnerable, with too much debt or not enough savings to cope with a “negative life event” such as redundancy, loss of hours, or ill health. That’s according to the results of a survey by the Financial Conduct Authority, the country’s top banking regulator.

Mastercard is bringing bitcoin to the checkout counter. The company announced late Wednesday that it will support “select cryptocurrencies” directly on its network at some point later this year. “Our philosophy on cryptocurrencies is straightforward: It’s about choice,” Raj Dhamodharan, an executive vice president at Mastercard, wrote in a post late Wednesday. “Mastercard isn’t here

Whitney Wolfe Herd isn’t based in Silicon Valley. She doesn’t have a STEM degree and she didn’t raise billions in venture capital. But Wolfe Herd’s company, Bumble, is set to have one of the most high-profile technology IPOs of the year so far, in what will be a milestone moment not just for her business

America’s unemployment crisis shows no signs of letting up. Another 793,000 American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis, according to the Department of Labor. Jobless claims continue to be stubbornly high: It was a small decrease from the previous week’s claims, which were revised higher. But it was

Royal Dutch Shell said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn’t gone far enough. The Anglo-Dutch company said in a statement on Thursday that it expects its oil production to decline by between 1% and 2% each year

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Tonight: Kap joins the SPAC craze; Uber’s staggering loss is still actually pretty good news; and don’t forget your spare quarters — Aldi’s going all in on America. Let’s get into

New variants of Covid-19 sweeping the world aren’t just throwing a wrench in government vaccination plans and efforts to stay ahead of the pandemic. They’re also complicating the economic recovery, as leaders acknowledge they can’t commit to easing restrictions later this year without a clearer picture of where infections are headed. What’s happening: German Chancellor

Larry Flynt, the “Hustler” magazine founder and outspoken First Amendment activist who built an adult entertainment empire, died Wednesday at his Hollywood Hills home, his nephew, Jimmy Flynt Jr., tells CNN. He was 78. His exact cause of death was not disclosed, but Flynt Jr. said his uncle had been in frail health for much

The New York Times is familiar with breaking some of the biggest stories related to culture, race, and gender. But events over the past several weeks reveal that the nation’s paper of record is largely divided when it discovers such issues sitting in its own backyard. The announcement Friday of the departure of two high-profile