CWEB Business News

Godiva To Close or Sell All Its Stores in The U.S.
    The coronavirus pandemic has affected yet another retailer as luxury chocolate maker Godiva is closing or selling...
Reddit-fueled rally makes Silver Lake cash out on AMC for $713 Million
  This week Silver Lake, which is a private equity firm, sold its  AMC Entertainment Holdings stake for $713 million....
Sarah Sanders May Announce Arkansas Governor Bid On Monday
Sarah Sanders had been toying with the idea of running for Governor of Arkansas from over a year reported first by CNN. It is...
GameStop Corp. Cl A stock outperforms competitors on strong trading day. Solid profits taken out.
  GameStop had another flow up day on Friday (GME GameStop Corp. 325.00 131.40 (+67.87%) 7:00 PM 01/29/21) Interactive...
Apple buys CODA for $25 Million. Record Setting WW First Virtual Sale at Sundance Film Festival
  The first major deal of the Sundance Film Festival was announced virtually and the figure crossed $25 million. Apple...
$1 billion Mega Millions jackpot! Winning Ticket Sold in Michigan!
    The winning ticket for the third largest lottery prize in U.S history —the $1 billion Mega Millions jackpot was...
Are MacBooks with magnetic charging and a new design the next best device to come from Apple?
      According to Bloomberg, Apple is working on a newer, thinner and lighter MacBook Air. It is planning a...
Heads of three U.S. funded international broadcasters fired for running Donald Trump propaganda machines
  The Biden administration is cleaning house and getting rid of pro-Trump appointees by looking for resignations by the...
Walmart Adds New States In COVID-19 -19 Vaccination Distribution
    As the Biden administration concentrates on increasing the roll out of Covid-19 vaccinations, Walmart has increased...
Senate Majority Leader Says Trump Impeachment Trial Will Begin Week of February 8  
      On Friday, Senate Majority Leader Chuck Schumer said that the opening arguments for the impeachment...
HBO Gives High Priority to “Tales of Dunk and Egg” a prequel of Game of Thrones
    George R. R. Martin’s prequel that chronicles the happenings before the Game of Thrones is set to be adapted by...
French Publishers Will Get Paid for News Content by Google: Stocks Rise
      After several rounds of talks between Google and France’s Alliance de la Presse d’Information Generale,...
China Imposes Sanctions on Departing Trump Officials Mike Pompeo, Robert O’Brien, Kelly Craft, Peter Navarro, John Bolton, Stephen Bannon, Alex Azar
    Almost 30 administration officials from the Trump era have been hit by sanctions imposed by the Chinese government....
Apple Produces More iPhone 12 Pro and Less iPhone 12 Mini
      Apple has tweaked its production capacities to meet changing demands. Demand versus supply is an important...
Former U.S. Presidents George W. Bush, Barack Obama and Bill Clinton Wish President Biden Success in A Joint Video and Honor His Call for Unity
    On Wednesday evening former Presidents George W. Bush, Barack Obama and Bill Clinton presented a joint message...
Many Newspaper Front Page Headlines Across The World Quote Biden’s “Democracy has prevailed” – “Don’s gone…let’s go Joe!”
    Today, less than 24 hours after Joe Biden has assumed the role of President of the United States of America,...
Inauguration Day January 20,2021: Joe Biden Sworn in As the President of The United States, Kamala Harris Sworn in As the Vice President
    Joe Biden has been sworn in as the President of America and Kamala Harris has been sworn in as the Vice President....
Netflix reaches 200 million subscribers- Sends Shares Soaring to A New High
      On Tuesday, after market close, Netflix reported on its earnings for quarter four, 2020. It said that it is...
Walmart CEO says fictional claims of election fraud divided Americans
  Walmart CEO Doug McMillon spoke at an event hosted by the Business Roundtable on Tuesday. He said that the people of...
China is the only major world economy to report growth in 2020 the year of the pandemic
    According to a report, China is the only major country in the world who has reported a growth of 2% in the year...
Private-Public partnership for coronavirus vaccine rollout: Starbucks to team with Washington State
    Jay Inslee, Governor of Washington State, has been exploring partnerships with huge businesses to improve the...
MyPillow’s Mike Lindell says Bed Bath & Beyond, Wayfair and Kohls have stopped selling products over vote fraud support
  Monday night Lindell confirmed to KARE 11 that MyPillow products were pulled from Bed Bath and Beyond, Kohl’s, HEB...
Biden Aides Determined to Block Trump’s Orders To Lift Virus Travel Ban
    The president signed an order on Monday that ended the ban on travelers entering the U.S. from Europe and Brazil....
Samsung Heir, Lee Jae Yong to Be Imprisoned for Bribery
  Lee Jae Yong, Samsung heir and de facto head of Samsung Electronics from the past six years has been sentenced to a jail term...
Trump Deals Blow to China’s Huawei in Final Days of Office
      President Donald Trump has continued with his administration’s campaign against China and has struck what...
TV News Realigns: Who’s Up? Who’s Down? An Analysis
    Since Election Day, there has been a soaring viewership for CNN News while Fox’s viewership has been falling to...
James Murdoch declares “lies” promoted by news outlets could be blamed for the Capitol riot in U.S.
      James Murdoch, youngest son of Fox News owner Rupert Murdoch, has rebuked news outlets publicly for publishing...
Coca Cola and LeBron James Part Ways After 18 Years
  LeBron James is not switching team uniforms though he is switching beverage choices as he is leaving Coca Cola after a...
Potential glass and plastic contamination leads to Hot Pockets recall across the U.S.
For those of who who like your food dangerously hot, there may be real danger lurking around the corner if you have recently...
 3 Biggest Tech Wars and Their Winners
The history of technology is filled with wars between some of the biggest names (and it hasn’t been pretty) – Oracle,...
Chancellor Merkel’s Ruling Party in Germany chooses Armin Laschet as their new Chairman
    On Saturday, the German ruling party CDU picked Armin Laschet as its new chairman. He could replace Angela Merkel...
Apple Testing In-Screen Touch ID and Foldable Phones
      According to the latest report from Mark Gurman of Bloomberg, Apple has begun “early work” on using a...
Criminal probe on Trump’s New York Businesses expanded by Manhattan DA Office
    Trump’s businesses in New York State come under scrutiny as the District Attorney’s office in Manhattan has...
World’s Fourth Richest Man Bill Gates Becomes Largest U.S. Farmland Owner
    According to Land Report, Bill Gates, Microsoft founder, is now the largest farmland owner in the U.S.The...
NRA files for bankruptcy and announces it’s moving to Texas
    The NRA filed for Chapter 11 bankruptcy in federal court in Dallas and said it planned to incorporate in Texas,...
Google Store Uses Prominent Banner Message to Commemorate Fitbit Acquisition
  Google has acquired Fitbit (Update: DOJ is still investigating) The Google Store is the place to go to buy products Made...
Xiaomi Is the latest to be added to the U.S.’s list of alleged Chinese military companies.
    Xiaomi is the latest Chinese company to be added to the U.S. military list by the Trump administration under the...
Spatial Audio feature in AirPods could get additional support from Netflix
    A report from a French site iPhoneSoft has indicated that Netflix has been working on giving additional support to...
Ivanka Trump Jared Kushner spend  over $100,000 for separate toilets for Secret Service Staff
    On Thursday, the Washington Post reported that Jared Kushner and Ivanka Trump spent over $100,000 of taxpayer funds...
JP Morgan Says Biden’s stimulus plan could drive funds back to the U.S. and away from Asia
    U.S. President-elect Joe Biden’s stimulus plan amounting to a whopping $1.9 trillion for COVID-19 relief as well...
Biden’s proposed Covid relief package to have $1400 stimulus checks and additional funds for vaccinations
    In a prime time address on Thursday, President-elect Joe Biden announced a $1.9 trillion relief package. This...
A sneak peek at accessories that can be synced with Apple devices at CES 2021
    CES 2021 lacks the pomp and show of earlier avatars but there are some companies who are digitally showing off...
Midwestern Pet Foods Voluntarily Expand Recall As 70 Dogs Die
    Midwestern Pet Foods Inc. has expanded its voluntary recall of pet foods after 70 dogs have died due to ingestion...
Federal Regulators Ask Tesla to Recall Certain Car Models Which Would Amount to A 158,000 Recall
    The National Highway Traffic Safety Administration has asked electric-car maker Tesla to recall Model S luxury...