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With so many challenges facing us here on Earth — the pandemic, climate change, the economy — it might seem like an odd time to focus on space. But space exploration offers enormous benefits for all of us. There’s a long list of innovations that have emerged as a result of space research that have

GameStop is adding to its growing list of new executives hired from Amazon and Chewy with the hope of turning the struggling, longtime mall staple into an e-commerce powerhouse. The video game retailer on Tuesday announced the hire of Elliott Wilke as its chief growth officer. Wilke spent the past seven years at Amazon, including

Chipotle is jumping into the bitcoin craze. Sort of. No, the chain isn’t accepting the cryptocurrency as payment for its Mexican dishes. Instead, Chipotle is giving away $100,000 worth of bitcoin on Thursday to celebrate National Burrito Day. The contest marks the first time a US restaurant chain has given away bitcoin, according to Chipotle.

Worsening inequality, trillions of dollars in economic damage and depressed economic growth. Those are the outcomes that economists fear we will face unless the world aggressively confronts the climate crisis. Nearly three-quarters (74%) of economists agree “immediate and drastic” action is warranted to curb emissions, according to a survey released Tuesday from the Institute for

In a move intended to reflect its new push into electric vehicles, Volkswagen’s US arm says it is changing its name to “Voltswagen.” Yes, really. In what seemed to be a shocking goof — pun absolutely intended — Volkswagen of America on Monday briefly posted an unfinished press release announcing a plan to change its

Pizza Hut is doubling down on the growing popularity of the drive-thru with a new digital-focused version now opening at more than 1,500 restaurants with more to come. The pizza chain announced Tuesday a new pick-up window called “The Hut Lane,” which it said offers “convenience and speed without customers ever having to park their

The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like the GameStop saga earlier this year, serves as a reminder of the dangers posed by extreme leverage, secret derivatives and rock-bottom interest rates. ViacomCBS, Discovery and other media titans’ stocks crashed Friday

An experimental rocket that SpaceX launched at its South Texas facilities Tuesday appears to have exploded, but heavy fog at the landing site left even SpaceX uncertain about what had occurred. “At least the crater is in the right place!” SpaceX CEO Elon Musk tweeted. All three of SpaceX’s previous prototypes crash landed or exploded

In a move intended to reflect its new push into electric vehicles, Volkswagen’s US arm says it is changing its name to “Voltswagen.” Yes, really. In what seemed to be a shocking goof — pun absolutely intended — Volkswagen of America on Monday briefly posted an unfinished press release announcing a plan to change its

With so many challenges facing us here on Earth — the pandemic, climate change, the economy — it might seem like an odd time to focus on space. But space exploration offers enormous benefits for all of us. There’s a long list of innovations that have emerged as a result of space research that have

A big smartphone maker is getting into electric cars. And it’s not Apple. China’s Xiaomi announced Tuesday that it will invest $10 billion over the next decade in a subsidiary focused on the “smart electric vehicle business.” The company said in a stock market filing that the new unit will be led by billionaire CEO

Major global banks could be hit with billions of dollars in losses after US investment firm Archegos Capital was forced to dump shares last week when it got into financial trouble. Nomura and Credit Suisse said Monday that earnings might take “significant” hits after a client of their broking services defaulted on margin calls last

Under real world conditions, the Pfizer and Moderna Covid-19 vaccines provide highly effective protection, according to a new report from the US Centers for Disease Control and Prevention. At full vaccination, the vaccines were 90% effective at preventing infections, including infections that had no symptoms. At least 14 days after first dose but before second

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Tonight: Global banks are, once again, learning about the dangers of excessive leverage; the Great Stuck may be unstuck, but the Suez saga isn’t over; and the housing market has truly

If you still aren’t sure what non-fungible tokens are, or NFTs, “Satuday Night Live” might have an answer. The NFT craze made its debut on the late-night show — hosted by former cast member Maya Rudolph — in the form of an explainer-turned-rap skit featuring a parody of US Treasury Secretary Janet Yellen. In the