Business

Walmart will stay open later, joining other chains

Walmart will stay open later at most of its stores in the United States, joining other large chains that have started to stay open longer than they did during the early days of the pandemic.The retailer in recent weeks has…

DraftKings gets ready for a strange football season

Major league baseball is back, albeit with some coronavirus-induced game cancellations, and the NBA and NHL are starting playoffs in bubble cities as a preventive measure. That should be great news for DraftKings -- but shares tumbled 5% Friday on…

American shopping is back to pre-pandemic levels. That's a big deal

Millions of Americans remain unemployed during the coronavirus pandemic and many are struggling to pay their bills. But despite devastation in other parts of the US economy, American consumerism has staged a rapid comeback.US retail sales rose 1.2% in July…

UK deals 'devastating blow' to travel industry with French quarantine

Efforts to restart Europe's mammoth travel and tourism sector have suffered another major setback, after the UK government added the world's most visited country to its quarantine list.Travelers arriving from France will have to quarantine for 14 days starting on…

Even TikTok has a white supremacy problem

Nazis and white supremacists have been using TikTok to spread hate speech and recruit followers, the Anti-Defamation League said in a report Thursday.Extremists have used hashtags, captions and in some cases even manipulated video to spread their message, the ADL…

Reluctant shoppers could slow the coronavirus recovery

(CNN) -- Retail sales data from the world's two largest economies could set the tone on Wall Street on Friday. The first round, from China, suggest the coronavirus recovery could take longer than expected. Retail sales in China…

'China's Netflix' is being investigated by the SEC for alleged fraud

Investors are getting nervous about iQiyi, the online streaming provider often referred to as the "Netflix of China," as regulators examine allegations of inflated earnings.Shares of the Nasdaq-listed company fell 11.6% in pre-market trading Friday after iQiyi revealed that the…

Music is big on Twitch. Now record labels want it to pay up

In 2018, Twitch streamer Ryann Weller played a 30-second snippet of 50 Cent's "In Da Club" on one of his livestreams. He showed viewers an animated e-card featuring his fans' faces dancing to the 2003 hit song. It became one…

Sudden sewing boom has sewing machine sellers scrambling

The Clorox wipes shortage continues to hog the attention, but there's another product that's been hard to find on store shelves over the past four months because of coronavirus: sewing machines.Sellers are doing everything they can to keep up with…