[ad_1] General Electric, once America’s most valuable company, is now in sharp decline. In a year full of dubious landmarks, GE has encountered another: The storied conglomerate is now worth less than $100 billion. That hasn’t happened since March 2009 — during the Great Recession. GE’s (GE) stock crash — down by nearly two-thirds since the end of 2016 — …
Read More »CEOs are cashing in on the market boom
[ad_1] CEOs are using the market boom to quietly cash in their own chips. Insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September over the past decade, according to an analysis of regulatory filings by TrimTabs Investment Research. It’s not a new trend. Insiders, which include corporate officers and directors, sold shares …
Read More »The next big test for Elon Musk arrives this week
[ad_1] Editor’s Note: This story originally published on September 30, 2018. New York CNN Business — 1. Back to business: The SEC is off Elon Musk’s back. Now he and Tesla can return to that other pesky problem — making and selling cars. Tesla will turn in a critical production report on Tuesday that will show investors whether the company …
Read More »Land O’Lakes CEO Beth Ford, from the cornfield to the C-suite
[ad_1] Beth Ford’s first job paid $2 an hour. Early in the morning, she climbed on the school bus to go detassel corn, joining other kids in Sioux City, Iowa, who did it as a summer job. “Back then, two dollars an hour, that was real money,” Ford tells CNN’s Poppy Harlow in the latest episode of Boss Files. Now, …
Read More »Goldman Sachs slants research to help Democrats, top White House adviser says
[ad_1] New York CNN Business — Kevin Hassett, one of President Donald Trump’s top economic advisers, suggested that Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections. The Goldman Sachs economics team “almost at times looks like the Democratic opposition,” Hassett told CNN’s Poppy Harlow on Tuesday. The comment came after Harlow asked …
Read More »Great Wall of China: Six sections with beautiful views
[ad_1] CNN — Having lived in Beijing for almost 12 years, I’ve had plenty of time to travel widely in China. I’ve visited more than 100 cities, not to mention countless towns and villages throughout the mainland’s 31 provinces. Looking back, I’ve come to realize it was my frequent visits to different parts of the Great Wall in Beijing that …
Read More »Here’s the real reason to turn on airplane mode when you fly
[ad_1] Editor’s Note: The views expressed in this commentary are solely those of the writer. CNN is showcasing the work of The Conversation, a collaboration between journalists and academics to provide news analysis and commentary. The content is produced solely by The Conversation. CNN — We all know the routine by heart: “Please ensure your seats are in the upright …
Read More »Couple who transformed an abandoned Japanese home into a guesthouse
[ad_1] Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN — He’d spent years backpacking around the world, and Japanese traveler Daisuke Kajiyama was finally ready to return home to pursue his long-held dream of opening up a guesthouse. In …
Read More »How Playboy cut ties with Hugh Hefner to create a post-MeToo brand
[ad_1] In partnership with Written by Daisy McManaman The views expressed in this commentary are solely those of the writers. CNN is showcasing the work of The Conversation, a collaboration between journalists and academics to provide news analysis and commentary. The content is produced solely by The Conversation. Hugh Hefner launched Playboy Magazine 70 years ago this year. The first …
Read More »Michael Jordan’s 1998 NBA Finals sneakers sell for a record $2.2 million
[ad_1] Written by Jacqui Palumbo, CNN This story was updated with the final sale price and other details following the auction. In 1998, Michael Jordan laced up a pair of his iconic black and red Air Jordan 13s to bring home a Bulls victory during Game 2 of his final NBA championship — and now they are the most expensive …
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