Money

ESPN fired NBA analyst Paul Pierce after the Boston Celtics legend posted a racy Instagram Live video over the weekend. The video featured Pierce in a room with exotic dancers. The cable sports network ended its working relationship with Pierce Monday, an industry source told CNN Business. ESPN declined to comment on Pierce leaving the

Norwegian Cruise Line wants to start US cruises again on July 4, and it’s willing to require all passengers and staff to be vaccinated before it sets sail. Norwegian, which despite its name is a US-based company, sent a letter Monday to the Centers for Disease Control and Prevention, notifying it of its proposal. It’s

The collapse last month of US hedge fund Archegos Capital cost Credit Suisse nearly $4.7 billion and two of the bank’s top executives their jobs. The Swiss bank said Tuesday that it was likely to report a pretax loss of 900 million Swiss francs ($959 million) for the first quarter of this year after taking

Yahoo Answers, a question-and-answer platform that launched more than 15 years ago and became one of the largest troves of information — and misinformation — on the internet, is shutting down on May 4. The Verizon-owned website announced the platform’s cancellation Monday with a terse statement on Yahoo Answers’ homepage. The portal will go into

If you were a Facebook user in 2019, it’s possible that your information is among the millions of records posted on a website used by hackers. Cyber intelligence firm Hudson Rock over the weekend revealed that personal information from 533 million Facebook accounts was leaked, including names, phone numbers, Facebook IDs, locations, account creation dates,

The Supreme Court has handed Google a win in a decade-old case in software development, holding that the technology giant did not commit copyright infringement against Oracle when it copied snippets of programming language to build its Android operating system. Google’s copying of so-called application programming interfaces from Oracle’s Java SE was an example of

The pandemic has already slammed stores across the country. The aftermath might not be any easier for retailers. The pandemic sped up the shift to online shopping, and the continued growth of e-commerce sales will lead to more stores shutting down after the pandemic ends, UBS retail analysts led by Michael Lasser predicted in a

Non-fungible tokens, or NFTs, are all the rage. But their popularity may have already peaked. Prices of NFTs, the digital certificates that have taken the art and collectibles world by storm this year, have plunged about 70% from their high point in February. The average price for an NFT on April 5 was about $1,256

Last fall, when General Motors revealed the GMC Hummer EV electric pickup, Duncan Aldred, head of the Buick and GMC brands, told CNN Business, “There will be an SUV, so watch this space.” That space is now filled. GM revealed the GMC Hummer EV SUV on Saturday in a 60-second commercial narrated by LeBron James

Spring has arrived, and America’s services sector — an enormous part of the economy — is positively booming. As some pandemic restrictions are relaxed and vaccines are put in more arms, pent-up consumer demand is getting released — and that’s helping economic activity in the services sector roar back, according to the Institute for Supply

HBO Max subscribers had the option to stream “Godzilla vs. Kong” in the comfort of their homes during Easter and Passover weekend, but plenty of moviegoers opted to see it in theaters. That’s great news for the publicly traded owners of big multiplexes. Warner Bros., the studio that released the film, said Sunday that “Godzilla

Turntide Technologies is on a mission to save the planet, one motor at a time. The startup, armed with an influx of cash from Amazon, Bill Gates and actor Robert Downey Jr., wants to replace the antiquated and energy-wasting motors used to power fridges, HVAC systems and cars with a smart motor that uses a

Amazon illegally fired last year two of its corporate employees who had been vocal critics of the company, the National Labor Relations Board has found. The employees, Emily Cunningham and Maren Costa, organized workers around climate action and warehouse conditions during the pandemic before their firings in April 2020. The federal agency said it would

No Model S or Model X cars on the Tesla assembly line is apparently no problem for investors. Friday Tesla revealed it did not build any of its two most expensive models, the Model S sedan and Model X SUV, in the first quarter. But it achieved a record number of deliveries of the less

Spring has arrived, and America’s services sector is positively booming. As some pandemic restrictions are relaxed and vaccines are put in more arms, pent-up consumer demand is getting released — and that’s helping economic activity in the services sector roar back, according to the Institute for Supply Management‘s monthly report. For March, the group’s index

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

LG is getting out of the “incredibly competitive” business of making smartphones. On Monday, the South Korean tech giant announced that it would close down its mobile phone unit after years of losses, marking the end of an era for a trailblazer in the Android world. The division is expected to be wound down by

Last month, I set out to buy my father, an avid Before the Bell reader, a non-fungible token, or NFT. We’d spent lots of time discussing the various signs of market mania that had cropped up in the past year — including the rush into NFTs, the digital tokens feeding a boom in virtual art.