“Sonic the Hedgehog” eluded mixed reviews, production delays and a set of bad teeth to race to the top of the box office this weekend. The Paramount film about the iconic Sega video character brought in an estimated $57 million domestically for its opening weekend. That number blew past expectations of the film making closer…… MORE
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Why do stocks continue to rise in the face of anxiety about the coronavirus? Ongoing support from the Federal Reserve, a stable outlook for corporate earnings and fear of missing out may…… MORE
Britain’s public service broadcaster has been at the heart of media in the United Kingdom and many parts of the world for the best part of a century. Now it’s facing a brutal fight for survival. The British Broadcasting Corporation is confronting unprecedented political hostility, looming threats to its funding, deep cuts to some services…… MORE
Let’s raise our tumblers and toast to cheaper wine. The price of wine is expected to drop to its lowest levels in five years thanks, in part, to a surplus of California grapes. Combined with a decreased demand for wine, drinkers can expect to get better value for every drop they drink this year. The…… MORE
The week ended on a high note for Canopy Growth. The world’s largest cannabis company by market cap saw its shares finish up more than 13% Friday after its third-quarter financial results surpassed expectations. Canopy’s net revenue of $123.8 million and net loss of $124.2 million, or 35 cents per share, fared far better than…… MORE
Valentine’s Day represents different things to different people: Love, consumerism, chocolate for breakfast. But for the floral industry, it’s essentially a national holiday — and demand is higher than ever. Flower business booms during Valentine’s season: Of the millions of Americans predicted to spend $24.7 billion on Valentine’s Day gifts this year, about 37% of…… MORE
Three years ago, the World Bank issued new bonds to raise funds that could be used to help poor countries fight pandemics. The money is still sitting on the sidelines. The bank was responding to an Ebola outbreak in 2014 that killed more than 11,000 people. It sold two sets of bonds that, under certain…… MORE
In offices across Asia, desks are empty and the phones are quiet, as the region grapples with a deadly virus. In major hubs like Hong Kong and Singapore, shops are shuttered, public facilities are closed, and there are few people wandering the usually-bustling financial districts. Instead, millions of people are holed up in their apartments,…… MORE
Warren Buffett’s Berkshire Hathaway disclosed a new stake in Kroger after the closing bell Friday. Shares of the nation’s largest supermarket surged 6% on the news. Berkshire Hathaway bought nearly 19 million shares in Kroger during the fourth quarter, a purchase that makes Berkshire one of the 10 largest holders of the company’s stock. The…… MORE
It’s over for HQ Trivia. The company behind the once-popular live mobile trivia game is shutting down, CNN Business has learned. HQ will part ways with 25 full-time employees. When HQ launched in 2017, its first game HQ Trivia quickly attracted millions of people across the world who stopped whatever they were doing twice a…… MORE
