Category Archives: CNN – Business

The beauty industry is bigger than ever, but mascara is struggling

The beauty industry is bigger than ever, but mascara is struggling

When Kylie Jenner launched her billion-dollar cosmetic brand, Kylie Cosmetics, five years ago, an essential item was missing: mascara. Rihanna’s Fenty Beauty line, which she launched in 2017, didn’t sell mascara when it first launched, but she recently added the beauty product to the line. Lady Gaga’s beauty line also doesn’t include mascara. Mascara, the…MORE

Will the coronavirus outbreak knock global growth?

Will the coronavirus outbreak knock global growth?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The Wuhan coronavirus outbreak spooked financial markets last week. Now investors are on high alert for economic repercussions. The virus appeared in the Chinese city of Wuhan last month and has since…MORE

Trump’s attorney goes to hell in ‘Saturday Night Live’ cold open

Trump’s attorney goes to hell in ‘Saturday Night Live’ cold open

President Donald Trump’s attorney Alan Dershowitz, played by guest star Jon Lovitz, wound up in hell during the “Saturday Night Live” cold open. Lovitz’s Dershowitz was meeting with Sens. Mitch McConnell (Beck Bennett) and Susan Collins (Cecily Strong) about the impeachment trial before he had a heart attack. The scene then goes to hell, literally,…MORE

Stocks dive as fears over coronavirus spread

Stocks dive as fears over coronavirus spread

The Dow and the broader stock market ended deep in the red on Friday as fears over the spread of the Wuhan coronavirus tainted investor sentiment. Stocks started the day higher as it appeared markets were shrugging off the coronavirus news, but took a turn for the worse after a second case was confirmed on…MORE

FAA says 737 Max could return sooner than Boeing said

FAA says 737 Max could return sooner than Boeing said

Just three days after Boeing warned airlines that they shouldn’t count on the 737 Max flying again before midyear, the US Federal Aviation Administration said Friday it might move faster than that. FAA Administrator Steve Dickson spoke Friday with senior officials at Southwest, United and American Airlines, the three US carriers that own the plane,…MORE

Is there any reason to own an individual stock anymore?

Is there any reason to own an individual stock anymore?

The stock market has been on fire for the past year and keeps hitting new record highs. So who needs fund managers to pick individual stocks? Investors now get their market exposure through the many passively-run exchange traded funds that mimic the performance of such big indexes as the S&P 500 and Nasdaq-100. Those funds…MORE

Davos ends with disagreement on climate and Greta Thunberg on the march

Davos ends with disagreement on climate and Greta Thunberg on the march

The annual meeting of business and political leaders in Davos wrapped up Friday with two of the world’s most powerful people disagreeing over how to address the climate crisis and youth activists excoriating the international elite for not doing enough to prevent global warming. After a week of discussions at the World Economic Forum that…MORE

Walmart takes a step toward owning the food chain

Walmart takes a step toward owning the food chain

America’s biggest retailers are pushing back against this country’s largest meat processors. The future of the nation’s food chain is on the line. Walmart last week opened a meatpacking plant in south Georgia that will cut, package and label its own brand of steaks and roasts to deliver to meat cases at 500 stores in…MORE