Category Archives: CNN – Business

‘Harry Potter: Wizards Unite’ mobile game launches June 21st

Magic lovers, get ready: The Harry Potter-themed follow up to the hit mobile game Pokémon Go launches worldwide starting Friday. The rollout of “Harry Potter: Wizards Unite” will begin in the United States and the United Kingdom, according to the game’s official trailer. It’ll support iOS and Android. It’s unclear when the game will debut…MORE

The Guardian says it was warned of cyber attacks by Saudi Arabia

The Guardian says that it was warned earlier this year about efforts by a cybersecurity unit in Saudi Arabia to “hack” its computer networks. The British newspaper published an article on Wednesday that says it was alerted by a source in Riyadh that it was being targeted by the unit following the murder of journalist…MORE

Panera is testing out a dinner menu

Panera Bread isn’t typically on top of people’s minds when it comes to dinner. It wants to change that. The restaurant chain announced Wednesday it’s testing out a new a “dinner-centric menu” that consists of flatbreads, bowls and side dishes. Panera is best known for its bagels, pastries and sandwiches. But dinner sales range between…MORE

Blackstone CEO says the trade war won’t cause a US recession in 2020

One of America’s top investors believes the trade war with China won’t do enough damage to push the US economy into recession. Blackstone chief executive Stephen Schwarzman said Wednesday that while both countries are engaged in a “high-wire act,” the damage would not cause a severe economic slowdown next year in the United States. “It’s…MORE

Stocks finish higher as the Fed signals possible rate cuts

The Dow finished higher on Wednesday after the Federal Reserve indicated that it may cut rates multiple times this year. Only one voting member of the Federal Open Market Committee objected to the decision to leave interest rates unchanged for now. It was St. Louis Fed President James Bullard, who recently said that a rate…MORE

US Steel is idling plants, despite tariffs designed to save them

Pain has returned to the US steel industry, despite the tariffs put on imported steel last year that were designed to help. Late Tuesday US Steel announced it will idle two of the blast furnaces where it makes steel, one in its flagship mill in Gary, Indiana, near Chicago, the other in Ecorse, Michigan, near…MORE