Mattel, Inc. announced Wednesday that it has entered into a multi-year, worldwide agreement with SpaceX to create a line of rocket- and astronaut-themed toys "to cater to the inner explorer in every child."Not only is this targeted at younger age…
Between 2020 and 2022, stocks shot toward the moon. This year, they've been jettisoned back to Earth.The S&P 500 is down about 18% year-to-date, inflation rates are at 40-year highs, geopolitical chaos abounds and a recession is looming. The easy-money…
Domino's is still struggling with delivery."The delivery business continued to be more pressured," in the second quarter due to staffing problems, said CFO Sandeep Reddy during an analyst call Thursday. Delivery sales at stores open at least a year fell…
Bitcoin prices were cooling off Thursday following a big spike in the past week. And it appears Elon Musk might be partly to blame.The price of one bitcoin fell 3% Thursday to about $23,000 after Tesla disclosed in its latest…
Mortgage rates ticked higher for the second week in a row as more economic indicators flashed warning signs of an impending recession.The 30-year fixed-rate mortgage averaged 5.54% in the week ending July 21, up from 5.51% the week before, according…
American and United airlines both reported their first operating profit since the start of the pandemic, as strong demand for air travel and high fares allowed the carriers to overcome rising fuel prices.But the good news for airline investors was…
In a bold attempt to get inflation under control, the European Central Bank on Thursday announced it would hike its key interest rate by a half percentage point.That marks the first time since 2011 that the ECB has raised rates,…
China's cyberspace regulator fined Didi Global just over 8 billion yuan ($1.2 billion) on Thursday for violating cybersecurity and data laws, putting an end to a yearlong investigation into the ride-hailing giant.The Cyberspace Administration of China (CAC) said in a…
There really was no place for 401(k) investors to hide in the first half of this year. Even though their portfolios took a hit, they didn't run for the hills.The Nasdaq was down 30%, while the S&P 500 and Russell…
Europe's economy, which accounts for almost a fifth of the world's output, is facing its toughest test since the pandemic erupted more than two years ago. A cocktail of risks threatens to throw growth into reverse at a moment of…
Editor's Note: This story is part of CNN Business' Nightcap newsletter. To get it in your inbox, sign up for free, here.Good news and bad news, America:The US dollar and the euro are officially even, which should make your European…
One of the world's richest men is launching Pret A Manger in India, adding the British coffee and sandwich store brand to a huge business empire that spans energy, retail and telecommunications.A unit of Mukesh Ambani's conglomerate Reliance Industries said…
(CNN) — Shrooms, Alice, tweezes, mushies, hongos, pizza toppings, magic mushrooms — everyday lingo for psychedelic mushrooms seems to grow with each generation.Yet leading mycologist Paul Stamets believes it’s time for fans of psilocybin mushrooms to leave such childish slang…
The Swedish city of Malmö is taking dirty talk to a whole new level in its latest effort to clean up the streets.By installing talking garbage cans that dish out racy audio messages after being fed trash, authorities are hoping…
As chaos engulfs the aviation industry this summer, one airline CEO has come up with a novel way of cutting down on flight cancellations: telling staff to take less time off.József Váradi, CEO of Wizz Air, the European low-cost carrier,…
A Jeff Koons sculpture estimated to be worth up to £10 million ($12.5 million) will go on sale this month to raise funds for humanitarian aid for Ukraine.Billionaire businessman Victor Pinchuk, together with his wife Olena, are putting Koons' seminal…
"I came of age when the jet age came of age," says Ann Hood, an American novelist and New York Times best-selling author, whose latest book "Fly Girl" is a memoir of her adventurous years as a TWA flight attendant,…
Thailand on Thursday became the first country in Asia to decriminalize cannabis -- but tough penalties will still apply to those who use the drug to get high, according to the minister who spearheaded the change.Speaking to CNN in an…
Rainbow-themed Pride Month collections have become par for the course for fashion brands, but Versace's latest collaboration is shaking things up with a surprise celebrity. Singer and Oscar-winning actress Cher, a close friend of designer Donatella Versace, has joined forces…
An Arizona man is suing American Airlines, claiming the airline's negligence led to him spending 17 days in jail after he was misidentified to police investigating a burglary at a duty-free shop in Dallas Fort Worth International Airport in 2020,…
As summer heats up, the travel industry is struggling to cope -- and one company has seen the writing on the wall, canceling the launch of a new cruise ship.Virgin Voyages, the much-anticipated brand which has vowed to revolutionize the…
A 66-year-old British man has been sentenced to 15 years in prison in Iraq after he was found guilty of stealing antiquities while on an archaeological tour of the country, his lawyer has said.Fitton's family, who say they fear the…
Paula Rego, the acclaimed Portuguese-born British artist, has died at age 87.In a statement posted to Twitter, the Victoria Miro gallery, which exhibits some of Rego's work, wrote: "It is with immense sadness that we announce the death of the…
Italy has in recent years sold off hundreds of dilapidated homes for next to nothing, thanks to schemes to attract new residents triggering a wave of regeneration for rural communities.For one man, buying a single house wasn't enough. He bought…
