Caroline Flack, ‘Love Island,’ and the industry of outrage surrounding the star’s death
Much has been written about the circumstances that led to the death of the British television presenter Caroline Flack on Saturday, despite little of substance being known about them. Flack, the 40-year-old former host of the hit UK reality show “Love Island,” died by suicide at her northeast London apartment as she awaited trial for…… MORE
How low can bond rates go?
Giddy investors in stocks have shrugged off worries about the impact of the coronavirus outbreak on the global financial markets. The S&P 500 and Nasdaq both closed at new all-time highs Friday. But bond investors are far from euphoric. Yields on long-term bonds have been falling as of late. The 10-year US Treasury yield is…… MORE
Mark Zuckerberg comes to Europe and asks for more regulation
Mark Zuckerberg has asked for more regulation of Big Tech companies. Europe is preparing to give him what he wants. The Facebook chief, on a trip to Munich and Brussels, is making it clear that he wants governments to provide more rules on data use, privacy and content. The tour comes just days before top…… MORE
General Motors is killing off the Holden brand and pulling out of Australia
General Motors is killing off the iconic Holden brand and pulling out of Australia and New Zealand, the latest in a series of moves to shrink the US carmaker’s global presence as it ramps up investments in electric and autonomous vehicles. The company announced Sunday that it would retire the Holden brand, which has existed…… MORE
Japan’s economy is shrinking and a recession looks ‘all but inevitable’
Japan’s economy is flirting with recession, and the novel coronavirus could push it over the edge. The world’s third-largest economy shrank 1.6% in the fourth quarter of 2019, according to a government estimate released Monday. The decline from the third quarter is the biggest contraction since 2014. The drop was even more severe — a…… MORE
China is disinfecting and destroying cash to contain the coronavirus
As the novel coronavirus outbreak continues to batter China, the country’s central bank has implemented a new strategy to contain the virus — deep cleaning and destroying potentially infected cash. The new measures, announced by the People’s Bank of China on Saturday, aim to contain the spread of the virus, officially known as Covid-19. There…… MORE
After McClatchy bankruptcy, reporter Julie K. Brown urges Americans to subscribe to local newspapers
The shrinking presence of local news across the United States may be dividing the country, Miami Herald reporter Julie K. Brown said Sunday on CNN’s Reliable Sources. “With these smaller newspapers drying up across the country, it is creating a collapse of local newspapers and local news and the kind of information (they provide) around…… MORE
‘Sonic the Hedgehog’ races to best opening ever for a video game film
“Sonic the Hedgehog” eluded mixed reviews, production delays and a set of bad teeth to race to the top of the box office this weekend. The Paramount film about the iconic Sega video character brought in an estimated $57 million domestically for its opening weekend. That number blew past expectations of the film making closer…… MORE
Why stocks keep moving higher. And higher. And higher.
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Why do stocks continue to rise in the face of anxiety about the coronavirus? Ongoing support from the Federal Reserve, a stable outlook for corporate earnings and fear of missing out may…… MORE
The BBC is nearly 100 years old. Will it survive the next decade?
Britain’s public service broadcaster has been at the heart of media in the United Kingdom and many parts of the world for the best part of a century. Now it’s facing a brutal fight for survival. The British Broadcasting Corporation is confronting unprecedented political hostility, looming threats to its funding, deep cuts to some services…… MORE
