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The movie theater industry has been in desperate need of good news since the beginning of the pandemic. That good news finally came on Sunday thanks to a giant radioactive lizard and an oversized ape. Warner Bros.’ monster mash “Godzilla vs. Kong” brought in the biggest opening weekend of the pandemic era so far. The

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

Americans can expect to receive more cellphone robocalls and texts because of a US Supreme Court decision issued Thursday, according to a consumer advocacy group. In a unanimous ruling that could have a major impact on telemarketing, the Supreme Court ruled that Facebook cannot be sued for repeatedly texting customers security alerts because its texts

After being forgotten in a desk drawer for almost 35 years, a sealed copy of the Nintendo video game Super Mario Bros. sold at auction on Friday for a whopping $660,000. It’s the most ever paid for a video game, according to a news release from Heritage Auctions, which ran the sale. The Dallas-based auction

Uber has been ordered to pay $1.1 million after an arbitrator ruled that the rideshare company’s drivers discriminated against a blind woman and her guide dog on more than a dozen separate occasions. Lisa Irving, a California resident, said she was denied rides or verbally abused by drivers 14 times in 2016 and 2018, Irving’s

Tesla has not built any of its two most expensive cars — the Model S and Model X — so far this year. Tesla did not respond to any questions for the reason for the production decision. Even so, the automaker still managed to produce a record number of cars in its most recent quarter,

Stores and restaurants in airports have been slammed by the pandemic and the falloff in air travel. But travelers are beginning to fly again, offering airport stores signs of hope. Airline travel in the United States recently reached its highest level since the pandemic began, although it’s still around half of what it was pre-pandemic,

The US economy’s recovery from the pandemic strengthened in March as employers added 916,000 jobs — the biggest gain since August, the Labor Department reported Friday. The huge jump in jobs was up from the 468,000 increase in jobs reported for February, which itself was revised up by nearly 100,000 jobs from its initial reading.

Patrick Soon-Shiong, the billionaire owner of the Los Angeles Times, is urging America to admit it has a racism problem. “This unconscious bias and racism is pervasive. It’s almost inherent, sadly, in the historic fabric of this country,” Soon-Shiong, the founder and executive chairman of biotech company ImmunityBio, told CNN Business in his first public

Chief executives and other high-ranking leaders from more than 100 companies including Target, Snapchat and Uber issued a public statement Friday opposing any measures that deny eligible voters the right to cast ballots. “We believe every American should have a voice in our democracy and that voting should be safe and accessible to all voters,”

As the pandemic took hold in America last March, personal trainer Ross Pennise shut down the studio he had run for 20 years. He figured it would be for a relatively short period of time. “I never thought it would last,” said the 52-year old Bloomfield, NJ, resident. “I figured I’d weather it. But my

At first glance, Deliveroo’s stock market debut should have been a runaway success. The food delivery startup was a darling of the UK tech scene, and growing fast thanks to surging demand during the pandemic. Amazon recently bought 16% of the company in a major vote of confidence. But London’s biggest IPO since 2011 was

The FBI conducted more background checks for firearms purchases in March — a month in which several prominent mass shootings reignited America’s conversation about gun control — than they have in any month so far this year. About 4.7 million Americans initiated gun background checks last month — a 36% increase from February, according to

The Los Angeles Times is getting closer to finding its next top editor and the newspaper’s owner said he has met with most of the candidates in the running. “We’re in advanced rounds of interviews with several candidates, most of which I’ve met with personally,” Patrick Soon-Shiong told CNN Business this week. Soon-Shiong, a biotech

Riding the tailwinds of months of red hot housing and IPO markets, real estate firm Compass made its debut on the New York Stock Exchange Thursday. Compass’ stock, which is listed under the ticker symbol “COMP,” jumped around 20% immediately after trading began, and ended the day up nearly 12% at $20.15. The company raised

The S&P 500 has topped 4,000 points for the first time ever as investors kick off the second quarter with optimism about the coronavirus recovery. The index rose nearly 1.2% to close at a record high of 4,019 points on Thursday. The Dow was up 171 points, or 0.5%, while the Nasdaq Composite jumped 1.8%.