Category Archives: CNN – Business

Used masks and gloves are showing up on beaches and in oceans

Used masks and gloves are showing up on beaches and in oceans

The pandemic has not only upended millions of lives around the world, it’s now threatening the world’s oceans. Pandemic-generated waste, such as discarded disposable masks, gloves and wipes are floating into waterways and oceans. The proof is in the waste that’s already washed ashore on beaches in the past several months. As many as 62,210…MORE

Boeing will lay off another 7,000 workers as losses mount

Boeing will lay off another 7,000 workers as losses mount

Boeing announced it will cut an additional 7,000 jobs as its losses continue to mount following a plunge in revenue. The aircraft maker had already announced was reducing staff by 19,000 jobs earlier this year, through a combination of voluntary and involuntary layoffs. It said Wednesday it expects to get down to about 130,000 jobs…MORE

Markets can’t ignore the pandemic any longer. Stocks are dropping

Markets can’t ignore the pandemic any longer. Stocks are dropping

Stocks are selling off sharply on fears that Covid-19 infections are spiraling out of control again and government leaders could have no choice but to enact another wave of lockdowns. What’s happening: US futures point to steep declines at the open on Wednesday, with Dow futures off 1.7%, or more than 450 points. European stocks…MORE

London Heathrow loses its crown to Paris as passenger numbers plummet

London Heathrow loses its crown to Paris as passenger numbers plummet

London Heathrow has lost the title of Europe’s busiest airport to Charles de Gaulle in Paris and is downgrading its forecasts for passenger numbers this year and next as the outlook for aviation deteriorates further. “Paris has overtaken Heathrow as Europe’s largest airport for the first time ever, and Frankfurt and Amsterdam are quickly gaining…MORE

Mercedes-Benz is taking a big stake in Aston Martin

Mercedes-Benz is taking a big stake in Aston Martin

Mercedes-Benz is taking a big stake in struggling British carmaker Aston Martin. The carmakers have confirmed in statements that Mercedes-Benz will increase its stake in Aston Martin over the next three years from 2.6% to as much as 20%. In exchange for the new shares, Aston Martin will get access to Mercedes-Benz technologies and components…MORE

McDonald’s new pastries are here. Here’s how to get them for free

McDonald’s new pastries are here. Here’s how to get them for free

McDonald’s finds itself struggling at breakfast, a part of the day it once dominated. So the chain is rolling out new bakery items Wednesday for the first time in nearly a decade. The expansion of the company’s McCafé lineup adds three new sweets — an apple fritter, a blueberry muffin and a cinnamon roll —…MORE

Jon Stewart returns to TV with new current affairs show for Apple TV+

Jon Stewart returns to TV with new current affairs show for Apple TV+

Jon Stewart is coming back to TV. Well, Apple TV+, that is. The former anchor of Comedy Central’s “The Daily Show” will host a new current affairs series for the tech company’s nascent streaming service, Apple announced Tuesday. It will be a part of a new production deal that the comedian has signed with the…MORE

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