Category Archives: CNN – Business

BuzzFeed announces plan to go public and acquire Complex Networks

BuzzFeed announces plan to go public and acquire Complex Networks

BuzzFeed, the 15-year-old digital media company known for its lists, quizzes and its Pulitzer Prize-winning journalism, announced Thursday that it plans to go public at an estimated valuation of $1.5 billion. It’s a big deal in the media world, but still somewhat anticlimactic compared to the hype around BuzzFeed just a few years ago. The…MORE

Killer Mike’s bank has to postpone its launch again to catch up to high customer demand

Killer Mike’s bank has to postpone its launch again to catch up to high customer demand

The grand opening for rapper and activist Michael “Killer Mike” Render’s Greenwood banking platform has been postponed a second time, the company confirmed on Wednesday. In March, Greenwood co-founder Ryan Glover told CNN Business that the Black and Latinx-owned digital banking company’s planned early 2021 launch date was pushed back to July due to unanticipated…MORE

Britain still lacks a plan to hit its bold climate goals

Britain still lacks a plan to hit its bold climate goals

The United Kingdom will fail to meet its “historic climate promises” if the government doesn’t urgently put policies in place to reach its goal of decarbonizing the economy, according to its official climate watchdog. The Climate Change Committee, which advises the government on emissions targets, warned Thursday in its annual progress report that Prime Minister…MORE

Canada Goose goes fur-free

Canada Goose goes fur-free

Canada Goose is icing out the fur trims on its jackets. The luxury clothier said Thursday it will stop buying fur by the end of this year and cease manufacturing fur products no later than the end of 2022. Since the company’s founding in 1957, wild coyote fur was the most-used fur trim for its…MORE

Global efforts to regulate companies like Amazon and Google are gaining steam

Global efforts to regulate companies like Amazon and Google are gaining steam

The risk to tech stocks from increased regulation isn’t new. But it’s clearly increasing. What’s happening: A House of Representatives committee just moved forward sweeping bills meant to rein in big tech companies like Google and Facebook. Meanwhile, authorities in the European Union and the United Kingdom have announced new antitrust investigations into Apple and…MORE

Gender neutral clothes are the next big thing in fashion

Gender neutral clothes are the next big thing in fashion

When walking into a traditional department store or browsing your favorite online retailer, shoppers typically navigate clothing options by first choosing a section based on its gender label: Men’s or Women’s, Girl’s or Boy’s. But some fashion-lovers don’t identify within this gender binary, and they, and in particular Gen Z consumers, are creating demand for…MORE

Amazon ditched cannabis testing, and more employers will likely follow

Amazon ditched cannabis testing, and more employers will likely follow

Amazon certainly wasn’t the first major corporation to arrive at the cannabis reform party, but it sure made one of the biggest entrances to-date when it publicly pledged to relax its drug testing policies and also to back federal legalization efforts. And now it’s a question of how many others will follow — especially during…MORE

This year’s Prime Day broke sales records

This year’s Prime Day broke sales records

Shoppers aren’t showing any signs of getting tired of Amazon Prime Day, even though some sellers had said they weren’t planning on offering deals this year. Amazon said that Prime Day, held this past Monday and Tuesday, was the biggest two-day sales period for third-party sellers in the company’s history. Amazon said sales from third-party…MORE

‘Sexy Beasts’ is more fever dream than dating show, and it’s vital to Netflix

‘Sexy Beasts’ is more fever dream than dating show, and it’s vital to Netflix

Dating is hard. But at least it doesn’t require you to woo your beloved while dressed as a dolphin and they’re in full makeup, wearing a scarecrow outfit. Unless you’re a contestant on Netflix’s new series,”Sexy Beasts.” More fever dream than dating competition, “Sexy Beasts” is the latest reality series from the streamer. The show,…MORE

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