Jordan Valinsky
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145 CEOs demand action on gun violence | CNN Business

145 CEOs demand action on gun violence | CNN Business

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — 145 have demanding the US government take action on gun violence.Their plea, which follows the recent rash of mass shootings, is among Corporate America’s strongest statements yet against America’s gun violence epidemic.In a draft letter addressed to the Senate, the leaders demand that lawmakers “support common-sense gun laws” already passed by the House and that “doing nothing about America’s gun violence crisis is simply unacceptable.” It was.The group is pushing senators to pass a bill that...

September 12, 2019
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Mark Zuckerberg to testify before Congress twice next week

Mark Zuckerberg to testify before Congress twice next week

Zuckerberg: 'Happy' to testify before CongressHe's set to appear before a joint hearing of the Senate Judiciary and Commerce committees on Tuesday afternoon followed by a House Energy and Commerce Committee hearing the following morning. "Our joint hearing will be a public conversation with the CEO of this powerful and influential company about his vision for addressing problems that have generated significant concern about Facebook's role in our democracy, bad actors using the platform, and user privacy," Sen. John Thune, the chairman of the Commerce Committee, Wednesday. Sen. Chuck...

April 6, 2018
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Jeff Bezos is so rich he just set a new record

Jeff Bezos is so rich he just set a new record

Stay Updated on Developing StoriesView in AppBy Jordan Valinsky, CNN BusinessNew York(CNN Business) The economy might be a shambles, but Jeff Bezos' wallet couldn't tell. He's now worth , a new record for the world's richest person, according to Bloomberg Billionaire Index.Bezos this week surpassed his previous wealth record that he reached prior to his divorce from his . Last year, the couple divorced after 25 years of marriage. She received 25% of the couple's stock, which is roughly a 4% stake in the company.MacKenzie's wealth also hit a record: She's now worth $57 billion, making her...

July 2, 2020
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Domino's is bringing back this 1980s mascot

Domino's is bringing back this 1980s mascot

New York (CNN Business)Domino's Pizza is bringing back the Noid, its popular mascot from the 1980s — with a techy twist.For those who don't remember the hair band decade, the Noid was a bunny-suited "antihero" that appeared in Domino's commercials using antics like ice-shooting machines to try to prevent delivery of hot pizza. The commercials urged people to call Domino's to "avoid the Noid" and get their pizza in 30 minutes or less, and the mascot became a pop culture hit complete with a crossover computer game. Now, apparently the Noid is back to "thwart the advanced technology" of...

April 26, 2021
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Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling

Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling

New York (CNN Business)Peloton shares fell more than 7% Monday from the United States government telling owners of the company's Tread+ to stop using the machine. On Saturday, the Consumer Product Safety Commission said it has become aware of 39 accidents involving the $4,295 treadmill, including "multiple reports of children becoming entrapped, pinned, and pulled under" the machine. The CPSC said it's urging customers with small children and pets to stop using the machine immediately. A in an incident involving the machine.That prompted a strongly worded statement from , claiming the...

April 18, 2021
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Peloton Tread+ owners told to stop using the treadmill in 'urgent warning' | CNN Business

Peloton Tread+ owners told to stop using the treadmill in 'urgent warning' | CNN Business

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — A US government agency issued an “urgent warning” for users of following multiple dangerous incidents with the machine,In a Saturday, the Consumer Product Safety Commission said it has become aware of 39 accidents involving the treadmill, including “multiple reports of children becoming entrapped, pinned, and pulled under” the $4,295 device. The CPSC said it’s urging customers with small children and pets to stop using the machine immediately.The statement comes after a March incident with the...

April 17, 2021
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More than 100 business leaders speak out against voting restrictions | CNN Business

More than 100 business leaders speak out against voting restrictions | CNN Business

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — and other high-ranking leaders from more than 100 companies including Target, Snapchat and Uber issued a public statement Friday opposing any measures that“We believe every American should have a voice in our democracy and that voting should be safe and accessible to all voters,” the said. The companies are part of Civic Alliance, a coalition that “recognizes that a strong democracy is good for business,” according to its website.The statement comes as businesses are under growing pressure to...

April 1, 2021
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Amazon, Google, GM, Starbucks and hundreds of companies join to oppose voting restrictions | CNN Business

Amazon, Google, GM, Starbucks and hundreds of companies join to oppose voting restrictions | CNN Business

MarketsFeaturedFear & Greed IndexLatestBy , CNN BusinessLink Copied!Ad Feedback — Hundreds of prominent executives from, including Amazon, Google, BlackRock and Starbucks, signed a statement that opposes discriminatory legislation that makes voting harder.The statement, printed Wednesday in an advertisement in the New York Times, was organized by Ken Chenault and Ken Frazier, two of America’s most prominent Black corporate leaders. The statement called democracy a “beautifully American ideal” and for it to work, “we must ensure the right to vote for all of us.”“We all should...

April 14, 2021
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Coca-Cola CEO wants Congress to act after Georgia's voting law

Coca-Cola CEO wants Congress to act after Georgia's voting law

New York (CNN Business)Coca-Cola CEO James Quincey is against , saying he wants to be "crystal clear and state unambiguously that we are disappointed" in the .In a released Thursday, Quincey said that Coke, which is headquartered in Atlanta, has "long championed efforts to make it easier to vote" and has previously opposed legislation that "would diminish or deter access to voting." "Our focus is now on supporting federal legislation that protects voting access and addresses voter suppression across the country," Quincey said. "We all have a duty to protect everyone's right to vote, and we...

April 1, 2021
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10,000 of America's restaurants have closed in the past three months

10,000 of America's restaurants have closed in the past three months

Stay Updated on Developing StoriesView in AppBy Jordan Valinsky, CNN BusinessNew York(CNN Business) About 17% of America's restaurants have already this year, with the industry in further danger according to a new report.The National Restaurant Association is publicly pleading with Congress to pass new stimulus to that has been damaged by the pandemic. The group said Monday 110,000 restaurants have already permanently shuttered in 2020, with 10,000 of them closed in the past three months.The group released results from a survey of 6,000 restaurant operators, revealing that 87% of...

December 8, 2020
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