Category Archives: CNN – Business

Stocks tumble as Covid-19 cases surge and stimulus is nowhere to be found

Stocks tumble as Covid-19 cases surge and stimulus is nowhere to be found

US stocks tumbled at Monday’s opening bell, as coronavirus, Washington intransigence and earnings are weighing on the market. The election is only eight days away, there’s still no new stimulus package and the first look at how the economy fared in the third quarter will be reported on Thursday. Big Tech companies will report earnings…MORE

3 reasons markets could be in for a bumpy week

3 reasons markets could be in for a bumpy week

Investors trying to decide how to place their bets heading into the last two months of the year face a daunting task. Between the imminent US election, an alarming rise in Covid-19 cases and a spate of quarterly results due this week from some of the world’s top companies, there’s no shortage of data to…MORE

Families are bored, so Monopoly sales are soaring

Families are bored, so Monopoly sales are soaring

Families stuck at home have resorted to playing games again, and that’s benefiting Hasbro. The maker of Monopoly and Magic: The Gathering reported a 21% jump in gaming sales as the result of homebound people looking for ways to occupy their time. Branded “Star Wars” and “The Mandalorian” toys also “delivered strong revenue growth,” according…MORE

Dunkin’ Brands in talks to go private

Dunkin’ Brands in talks to go private

Dunkin’ Brands, the parent company of Dunkin’ and Baskin-Robbins, is in “preliminary discussions” to be acquired by private equity-backed Inspire Brands. The potential deal was first reported by the New York Times on Sunday. Inspire would purchase Dunkin’ Brands at $106.50 per share, the Times reported, citing two people with knowledge of the negotiations. That…MORE

Election night results might look different this year

Election night results might look different this year

Election night can be synonymous with unpredictability — just look at 2016 — but this year might be even murkier than usual. The pandemic has changed the way millions of Americans vote for president. Voters have already cast an unprecedented number of mail-in ballots, for example. In many locations — some of them potential battleground…MORE

Reserve Bank of India Governor Shaktikanta Das tests positive for Covid-19

Reserve Bank of India Governor Shaktikanta Das tests positive for Covid-19

Reserve Bank of India Governor Shaktikanta Das has tested positive for Covid-19 but is asymptomatic. Das confirmed the news on Twitter Sunday. “I have tested Covid-19 positive. Asymptomatic. Feeling very much alright,” Das wrote in a tweet. He said he will “continue to work in isolation” and that work at the bank will go on…MORE

Why Trump’s latest conspiracy theory can’t stick

Why Trump’s latest conspiracy theory can’t stick

President Donald Trump is trying to invent his own reality about coronavirus. On Saturday at a North Carolina rally, he claimed the media would no longer report on the pandemic after Election Day. He implied that news organizations are trying to drum up fear about the pandemic to get former Vice President Joe Biden elected.…MORE

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