In an extraordinary new letter, NBC News president Noah Oppenheim says former employee Ronan Farrow is engaged in an “effort to defame NBC News.” Oppenheim says Farrow “is clearly motivated not by a pursuit of truth, but an axe to grind.” And he says Farrow’s new book “Catch and Kill” is “built on a series…… MORE
A Panera Bread employee spilled the chain’s not-so-secret trade secret about its signature mac and cheese on TikTok. But the viral fame might’ve cost her the job. In a quick clip filmed from behind the counter, TikTok user @briannaraelenee dips a frozen pack of Panera’s white cheddar mac & cheese into hot water, pulls it…… MORE
For most investors, picking a stock or fund is about finding something that you think is worth buying — a company with strong earnings potential or an ETF that owns market leaders. But one new exchange-traded fund takes that philosophy and flips it on its head. Instead of identifying top companies to buy, the GraniteShares…… MORE
Two years ago, Target said it would raise its minimum wage to $15 an hour by the end of 2020. The move won praise from labor advocates and put pressure on other companies to also move to $15. But some store workers say the wage increases are not helping because their hours are falling, making…… MORE
Netflix has a lot to prove when it reports its third quarter results after the closing bell Wednesday. Concerns about increased competition have reached a fever pitch, and the streaming giant is no longer a stock market darling. Netflix spooked Wall Street in July when it said that it lost US streaming subscribers in the…… MORE
I am sitting in a conference room in the Lower Manhattan headquarters of GQ magazine, staring at an image of Pharrell Williams. The Grammy-winner is wearing a lemon yellow Moncler coat that flows well past his feet. It looks like an upside down lily flower waiting to bloom. His hands are clasped at his chest,…… MORE
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 entered the weekend marshaling optimism. The prevailing view: After months of uncertainty, progress was being made to resolve both the US-China trade war and Brexit, two big geopolitical fights…… MORE
A tentative truce between the United States and China has raised hopes — yet again — that the two economic superpowers are inching toward a resolution to the trade war. But they still appear to be far from striking any sort of comprehensive trade deal. Nor does the latest reprieve address some of the biggest…… MORE
Tencent has quietly resumed online broadcasts in China of National Basketball Association preseason games after a dispute last week prompted all of the American league’s official Chinese partners to suspend ties. The Chinese tech giant on Monday live streamed two games — one between the Toronto Raptors and Chicago Bulls in Toronto and another between…… MORE
A trio of economists were awarded the Nobel Prize on Monday for their work to alleviate global poverty. Abhijit Banerjee, Esther Duflo and Michael Kremer pioneered an approach to poverty reduction that was based on carefully designed experiments that sought answers to specific policy questions, according to the prize committee. Duflo, a professor at the…… MORE