Money

Theaters have spent months trying to figure out how to get people back to the movies. Scaring them beyond belief appears to be a solution. “A Quiet Place Part II,” a horror film starring Emily Blunt and directed by John Krasinski, brought in an estimated $48.3 million for its opening in North America this weekend,

India’s economy was turning a corner earlier this year as the country started to accelerate out of the recession it suffered in 2020. But a disastrous surge in Covid-19 cases threatens that progress. Asia’s third biggest economy recorded a rise in gross domestic product of 1.6% in the January-March quarter, compared with the same period

China’s decision to allow families to have three children could produce a windfall for makers of strollers, car seats and baby formula. At least, that’s what investors think. Stocks tied to baby products and maternity services soared in mainland China and Hong Kong on Monday after the Chinese government announced a major change to its

The Associated Press’ managing editor is speaking out after a firestorm that followed the ousting of former AP journalist Emily Wilder. Wilder was fired last week after serving just two weeks on the job. The AP said a series of Wilder’s pro-Palestinian tweets violated its social media policy, although the AP has not said which

Gasoline prices are at a seven-year high, just in time for travelers to hit the road for Memorial Day. A gallon of regular gas costs just under $3.05 on average across the United States, according to AAA. That’s up from $2.89 a month ago and $1.97 a year ago. But some Americans are feeling more

American Airlines has joined Southwest Airlines in suspending alcohol services on flights, the airline said Saturday. The decision follows a recent assault of a Southwest flight attendant that resulted in a serious injury. “Flight attendants are on the front lines every day not only ensuring our customers’ safety, but are also calming fears, answering questions,

Employers can offer incentives to employees to get vaccinated for Covid-19, according to new guidance from the federal Equal Opportunity Employment Commission. Companies administering vaccines to employees also may offer incentives as long as the incentives are not “coercive,” the EEOC said. In December the EEOC said that companies can legally mandate that all employees

A series of major digital security breaches over the past year are serving as a wake-up call to Corporate America about the need to invest in cybersecurity. Friday brought yet another reminder of the risk of cyberattacks, when Microsoft said the hackers behind the 2020 Solar Winds breach launched a new attack on more than

Inflation seems unstoppable as the economy returns to normal. People are spending big again, with battered industries like travel and hospitality coming back to life. That has sent prices surging. A key measure of inflation, after stripping out more volatile food and energy prices, jumped to a 29-year high in April. The Bureau of Economic

The hackers behind one of the worst data breaches ever to hit the US government have launched a new global cyberattack on more than 150 government agencies, think tanks and other organizations, according to Microsoft. The group, which Microsoft calls “Nobelium,” targeted 3,000 email accounts at various organizations this week — most of which were

Bitcoin investors have sold in May. It remains to be seen if they’re going away for good. Bitcoin prices fell 8% Friday and have plunged about 36% in May — their worst monthly performance since September 2011. A steady torrent of bad news has sent bitcoin spiraling downward since it hit an all-time high above

As the Reddit crowd piles in, AMC shares are soaring — and no, that’s not a headline from late January. What’s happening: Shares of AMC Entertainment have shot up nearly 120% this week as amateur investors show renewed enthusiasm for the movie theater chain. They climbed 36% on Thursday alone, reaching their highest level since

Nike said it cut ties with Neymar last year because the Brazilian soccer superstar refused to cooperate with an inconclusive investigation into sexual assault allegations made by one of the company’s employees. The sports apparel giant confirmed in a statement to CNN Business late Thursday that its decision stemmed from accusations a Nike employee brought