Wells Fargo to shed 10 percent of its workers by 2021

Wells Fargo said Thursday it will shed as much as 10 percent of its workforce by 2021 as the bank struggles with continued fallout from multiple sales...

In the Trump era, are blue states are facing a Rolex shortage?

Dear John: Here in Beverly Hills and throughout California, there is a major issue: There are no Rolex watches to be found! Even the secondary shops that were...

Dan Loeb drops bid to replace entire Campbell Soup board

Billionaire Dan Loeb is backing off his bid to replace the entire board at Campbell Soup. Instead, the activist investor’s hedge fund Third Point — which also recently...

Google says it was paying men less than women in some jobs

In a surprising contrast with typical pay disparity situations, Google found it was paying men less than women working in similar roles in 2018. In particular, Level...

Stocks sink after Trump says China deal can wait

Stocks have been buoyed in recent weeks by the prospect of a light at the end of the trade-war tunnel, with investors anticipating an imminent “phase one”...

This trade data is good news

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Investors expect the global economy...

Empire State has some of the lowest beer taxes in US

Summer’s here, so it’s the perfect time to crack open a nice cold beer here in the Big Apple. Indeed, most of us can afford to have a...

China’s luxury market boomed this year, even as global sales shrank

China's luxury market has proved "unstoppable" this year even as the coronavirus pandemic hammered global demand for expensive goods. That's according to a report released Wednesday by Alibaba's...

Ice Cube defends partnership with Trump to invest in black communities

Hip-hop heavyweight Ice Cube pushed back Sunday defending allying with President Trump to develop a plan to invest in black communities — saying he presented his ideas...

Microsoft wins major defense cloud contract, beating out Amazon

Microsoft has emerged victorious in a dramatic competition for public cloud resources for the U.S. Defense Department, beating out market leader Amazon Web Services, the Pentagon said...

Must Read