Category Archives: CNN – Business

Nike further expands protections for pregnant athletes after fierce backlash

Nike further expands protections for pregnant athletes after fierce backlash

Nike is making further changes to its maternity policy for sponsored athletes after its previous rules sparked a backlash from high-profile stars. The policy adjustment ensures that female athletes won’t be “adversely impacted financially for pregnancy” for 18 months, which is six months more than under the previous policy. The company confirmed the changes to…MORE

Dow jumps on hopeful signals about trade

Dow jumps on hopeful signals about trade

The Dow soared Monday as investors grew increasingly optimistic about a potential resolution to the the trade war and a limit to its economic fallout. Although President Donald Trump has repeatedly fanned the trade war flames, he tweeted Sunday that the United States and China were “talking.” He also tried to tamp down recession fears,…MORE

Germany’s central bank issues recession warning

Germany’s central bank issues recession warning

Germany’s central bank is warning that the country could be slipping into recession. The Bundesbank said Monday that Europe’s largest economy “is probably set to remain lackluster in the third quarter of 2019.” It predicts that GDP “could continue to fall slightly.” GDP for the three months ended June contracted 0.1% compared to the first…MORE

Stocks rally as Trump preaches optimism and China digs in

Stocks rally as Trump preaches optimism and China digs in

Happy Monday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Investors desperate for good news on trade and global economic growth are in luck. Over the weekend, Trump downplayed concerns that the US economy is slowing, and he said that…MORE

Asian markets bounce on hopes of Chinese stimulus

Asian markets bounce on hopes of Chinese stimulus

Hong Kong and Chinese stocks are rallying on Monday after China revealed measures to protect and boost its economy. Hong Kong’s Hang Seng Index climbed 2.1%. China’s Shanghai Composite Index advanced 1.8%. Analysts pointed to several developments that likely drove optimism, including an announcement from the People’s Bank of China that was meant to prop…MORE

Jack Whitaker, the decorated sports broadcaster, dies at 95

Jack Whitaker, the decorated sports broadcaster, dies at 95

Jack Whitaker, the iconic sports broadcaster, died Sunday morning at his home in Devon, Pennsylvania, of natural causes at age 95. Whitaker’s career spanned nearly four decades after starting at CBS Sports in the late 1950s, the network reported Sunday. There, he covered a range of sports and a number of momentous events, including the…MORE

Can the world’s central banks save the bull market?

Can the world’s central banks save the bull market?

Happy Sunday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. To think that central banks could save the bull market is tempting. After all, the promise of rate cuts and other stimulus measures have helped stocks before. And investors clearly…MORE

Apex Legends developer apologizes for controversial loot boxes

Apex Legends developer apologizes for controversial loot boxes

Apex Legends, a rival of video game Fortnite, may be free to play, but the game angered fans this week over its new pricing for limited edition virtual items. The game’s developer, Respawn, owned by Electronic Arts, apologized Friday for the new in-game “loot boxes,” or a random selection of virtual rewards available to players…MORE