Money

Jamie Dimon is very bullish on the US economic recovery from the pandemic. And yet the JPMorgan Chase CEO is deeply concerned about the future of America. In his annual shareholder letter Wednesday, Dimon wrote that the Covid-19 pandemic, the “horrific murder” of George Floyd and the painfully slow economic growth of the past two

Milo chocolate milk has been hugely popular in Southeast Asia for decades. Now the breakfast and teatime favorite is about to get shaken up — the cocoa powder will be offered as a dairy-free, ready-made beverage. The product is one of Nestlé’s newest plant-based inventions, and it will be launched in the region this week,

Over the weekend, cybersecurity experts revealed that about half a billion Facebook users’ personal information was breached — a treasure trove of data the includes full names, birthdays, phone numbers and their location. Facebook said that massive leak stems from an issue in 2019, which has since been fixed. Still, there’s no clawing back that

Financial technology firm Plaid on Wednesday announced a $425 million Series D funding round, more than doubling the total amount the company has raised since its 2012 founding. The new funding pushes Plaid’s valuation to $13.4 billion, according to a source close to the company. That’s a huge jump from the $5.3 billion for which

Kim Kardashian West is joining the ranks of Jeff Bezos, Elon Musk and other moguls: She is officially a billionaire, according to Forbes. Forbes released its annual “World’s Billionaire List” Tuesday, which placed West on the elite list for the first time. The magazine said West’s booming businesses, KKW Beauty and Skims, helped put her

Promoting diversity in the arts has become a mainstream mantra in the entertainment industry since the first #OscarsSoWhite controversy in 2015, but it’s something Sheila Johnson has been doing her entire adult life. It’s been 41 years since the Salamander Hotels & Resorts owner and CEO co-founded the BET network with then-husband Robert Johnson, creating

Dick Parsons had to make countless difficult decisions during his storied corporate career. The decision to speak out on Georgia’s voting law was not one of them. “This was an easy one. There is simply no excuse for what the Georgia legislature has done,” Parsons told CNN Business in his first public comments on the

Harry and Meghan, Duke and Duchess of Sussex, have announced their first Netflix project after signing a production deal last year. “Heart of Invictus” a docu-series from Harry and Meghan’s production company Archewell Productions, will follow “a group of extraordinary competitors from around the globe, all service members who have suffered life-changing injuries or illnesses

Just as Grape Nuts come back to stores, Americans are faced with yet another shortage — this time, of oat milk at some Starbucks cafes. Starbucks rolled out oat milk lattes at about 1,300 stores in the Midwest last year. It added Oatly-brand oat milk to the menu nationally in March. But now, a mere

Starbucks is launching an experimental “borrow a cup” program at select locations in its hometown, Seattle. The program is part of Starbucks’ aim to make its cups more sustainable, and it will kick off as a two-month trial in five Seattle stores. Customers at those stores will have an option to receive their drinks in

“60 Minutes” is facing backlash for a story it aired Sunday on Republican Gov. Ron DeSantis — including from the supermarket chain Publix and two prominent Democrats in the state. As part of a larger story about Florida’s vaccine rollout, the renowned newsmagazine program spotlighted a recent $100,000 donation that Publix made to DeSantis’ re-election

Business leaders had a lot on their plates over the past year, and many have let cybersecurity fall by the wayside. Nearly half of businesses say work-from-home policies have hurt their cybersecurity practices, according to Verizon’s 2021 Mobile Security Index, published Tuesday. The report includes findings from a survey of 856 professionals responsible for buying,

Before Reddit became the “front page of the internet,” and before Tumblr and Twitter took off, there was one place online where you could seriously ask questions like, “Did I accidentally summon a demon?” or “Why do we here?“ It was one of the few sites where students seeking homework help, curious and ill-informed adults

President Joe Biden’s $1.9 trillion stimulus package will boost the US economy and drive faster global growth this year, the International Monetary Fund said Tuesday, though it warned that many countries continue to suffer from the pandemic and are at risk of being left behind. The US economy will surpass its pre-pandemic size as growth

Sports trading cards are super popular thanks to the craze over non-fungible tokens, or NFTs. That’s one reason why Topps, the company synonymous with baseball cards and bubble gum, is looking to go public again. Topps announced Tuesday plans to merge with a special purpose acquisition company, or SPAC, in a deal that values Topps

Sports trading cards are super popular thanks to the craze over non-fungible tokens, or NFTs. That’s one reason why Topps, the company synonymous with baseball cards and bubble gum, is looking to go public again. Topps announced Tuesday plans to merge with a special purpose acquisition company, or SPAC, in a deal that values Topps

It’s hard to explain the mix of emotions that spark upon seeing a photo of Frederick Douglass come alive with the click of a button. And yet, there he is, blinking and nodding as if he were just alive yesterday, as if he hadn’t died in 1895, years before film recording became commonplace. His animated