Money

Wednesday marked a grim anniversary for Boeing and hundreds of families worldwide — two years since the fatal crash of a 737 Max flown by Ethiopian Airlines that killed all 157 people on board. While the human toll outweighs the financial accounting of the crisis, the dollar cost is likely to make Boeing’s 737 Max

The wireless industry is having déjà vu this week. Industry trade group GSMA on Monday announced plans to hold an in-person Mobile World Congress in Barcelona in June — and a string of high-profile companies, including Ericsson and Sony, have already said they won’t attend. The situation is reminiscent of last year, when Mobile World

Cheese connoisseurs, it’s time to celebrate: Taco Bell is bringing back the Quesalupa after a five-year hiatus. The Quesalupa quickly became a fan favorite when it debuted in 2016, combining the cheesy traits of a quesadilla with a crispy chalupa shell to create a double layer filled with seasoned beef, lettuce, cheddar cheese, diced tomatoes

Right-wing cable channel Fox News largely ignored the passage of President Joe Biden’s enormous $1.9 trillion coronavirus relief bill on Wednesday, devoting little time on-air to reporting on the legislation as it passed in the House of Representatives. In contrast to CNN and MSNBC, Fox did not air live coverage of the proceedings in the

Investors weren’t making the trademark “oof” Roblox death sound Wednesday. Shares of the popular video game platform debuted on Wall Street and surged nearly 55% to $69.50, valuing the company at more than $45 billion. Roblox describes itself as a “metaverse” where players can make their own avatars and environments to play in, such as

Meghan, Duchess of Sussex, made a formal complaint to British broadcaster ITV relating to Piers Morgan’s comments about her mental health, CNN has learned. ITV announced on Tuesday that Morgan would leave the program he hosted, “Good Morning Britain,” after he cast doubt on whether Meghan had suicidal thoughts, a major revelation from her blockbuster

Investors weren’t making the trademark “oof” Roblox death sound Wednesday. Shares of the popular video game platform debuted on Wall Street and promptly surged more than 40% to $64.50, valuing the company at about $42 billion. Roblox describes itself as a “metaverse” where players can make their own avatars and environments to play in, such

Shaquille O’Neal, Colin Kaepernick, Jay-Z and other celebrities are jumping into the SPAC boom. And the SEC is getting worried. “Never invest in a SPAC based solely on a celebrity’s involvement,” the agency warned the public in an alert Wednesday. The warning comes as professional athletes, politicians and pop stars lend their star power to

Elon Musk lost tens of billions of dollars last week. He made nearly all of that back in a single day, Tuesday, following a 20% rally in Tesla’s stock. Musk added $25 billion to his net worth yesterday, bringing his total fortune to $174 billion according to Bloomberg Billionaires Index. It’s a stark reversal from

On a bustling Tuesday morning, Xiomy de la Cruz greets volunteers at a local food bank and tasks them with the day’s assignments — distributing canned food, meat, and rice to dozens of people who have come to rely on the pantry for their week’s supplies. But just over a year ago, de la Cruz

General Electric is selling off its aircraft leasing business, closing the books on its once mighty GE Capital unit, the financial arm of the company that had been its largest business and one of the world’s most dominant financial institutions. GE is selling the aircraft leasing business known as GECAS to rival AerCap, an Ireland-based

Starbucks wants you to buy more of its coffee at the grocery store. So it’s offering up something more on-trend than the bottled Frappucinos of years past. The coffee company’s new line, Cold & Crafted, is available nationally in retail locations on Wednesday. The line is launching with three flavors: Coffee Sweetened Black, Coffee with