GOP senator to delay affirming Biden victory by forcing votes on Electoral College results
By Jeremy Herb, Phil Mattingly and Lauren Fox, CNN Missouri Republican Sen. Josh Hawley said Wednesday he will object when Congress counts the Electoral College votes next week, which will force lawmakers in both the House…
Peloton is now making its own music for its classes
By Jordan Valinsky, CNN Business First it was Beyoncé. Now it's … Elvis? Peloton is unveiling its second music partnership, which includes custom-made tunes from the rock and roll icon.
Biden names Kathleen Hicks as first woman deputy defense secretary
By Kate Sullivan and MJ Lee, CNN Joe Biden's transition team announced Wednesday that former Obama Pentagon official Kathleen Hicks is the President-elect's pick to serve as deputy secretary of defense, and she…
US flies B-52 bombers to the Middle East in show of force
By Ryan Browne, CNN The US military flew nuclear-capable B-52 bombers to the Middle East Wednesday “to underscore the US military's commitment to regional security and demonstrate a unique ability to rapidly deploy…
Europe strikes major investment deal with China despite US concerns
By Charles Riley, CNN Business Europe has finalized an investment agreement with China that is designed to rebalance trade with the world's second largest economy, despite US concerns that the deal could be…
There is no sign that a bill on $2,000 checks is going to get a vote in the Senate
By Lauren Fox, CNN Things are going to drag on in the Senate for a few days.
Trump administration to block palm oil from second company in Malaysia over forced labor findings
By Geneva Sands, CNN The Trump administration will halt imports of palm oil from Malaysia over findings of forced labor abuses at the plantations of one of the country's top producers of the product, which is found
2020'S biggest winners and losers in business
By CNN Business Staff In a year of widespread and often devastating hardships, no business or industry came through 2020 untouched by the Covid-19 pandemic. But for some key sectors, the news wasn't all bad.
Why the AstraZeneca vaccine is so important to the global economy
By Charles Riley, CNN Business The United Kingdom on Wednesday become the first country to approve the coronavirus vaccine developed by Oxford University and AstraZeneca. The shot is cheaper and easier to distribute than…
Joe Biden is inheriting a huge problem from Donald Trump: America's job recovery is stuck in a rut
By Anneken Tappe, CNN Business The US labor market is at a pivotal point 10 months into the pandemic: Millions of people remain unemployed while infections keep rising, and the fledgling jobs recovery has stalled out.