Category Archives: CNN – Business

‘Sonic the Hedgehog’ races to best opening ever for a video game film

‘Sonic the Hedgehog’ races to best opening ever for a video game film

“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

Why stocks keep moving higher. And higher. And higher.

Why stocks keep moving higher. And higher. And higher.

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

The BBC is nearly 100 years old. Will it survive the next decade?

The BBC is nearly 100 years old. Will it survive the next decade?

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

Break out the tumblers. The price of wine is dropping fast

Break out the tumblers. The price of wine is dropping fast

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

Cannabis giant Canopy Growth posts earnings surprise

Cannabis giant Canopy Growth posts earnings surprise

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

What happens to the Valentine’s Day flowers that don’t get sold?

What happens to the Valentine’s Day flowers that don’t get sold?

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

The world’s biggest work-from-home experiment has been triggered by coronavirus

The world’s biggest work-from-home experiment has been triggered by coronavirus

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 adds Kroger to his investing shopping cart

Warren Buffett adds Kroger to his investing shopping cart

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

Game over for HQ Trivia

Game over for HQ Trivia

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