Here is the latest Financial News from CNN Money.
Panama Papers: Rich and powerful respond to claims they hid billions offshore
Elected leaders and top officials from around the world are responding with denials and outrage to allegations that they used secret offshore companies and accounts to hide billions of dollars.
Stocks: 4 things to know before the open
Welcome to a new week.
Priscilla Chan explains why she wants to start her own school and health clinic
Read full story for latest details.
Arianna Huffington: Media is failing America in how it’s covering Trump
Arianna Huffington says news outlets are “mainstreaming” Donald Trump’s “extremism” ? and her web site won’t be a part of it.
Tickets to the 2016 Olympics aren’t selling, and Brazil is scrambling to boost demand
There could be quite a few empty seats at the Olympic Games in Rio this summer.
Alaska Air reportedly near deal to buy Virgin America
Alaska Air Group appears to be in line to pay more than $2 billion to acquire Virgin America.
Surprise! TV host Maury Povich owns this Montana newspaper
“After nine years, we’re almost breaking even.”
Jeff Bezos’ space company Blue Origin launches and successfully lands rocket
“Launch. Land. Repeat.”
Broadway hit ‘Hamilton’ has good life advice
Read full story for latest details.
Shark Tank’s Mr. Wonderful to men: Run your companies more like women
On the ABC hit show Shark Tank, Kevin O’Leary (also known as Mr. Wonderful) is as blunt as can be, and focused on one thing only: returns.
Childhood battle with dyslexia brings Shark Tank’s ‘Mr. Wonderful’ to tears
He’s a hard-charging, say-it-like-it-is “shark” on ABC’s hit show “Shark Tank.”
Taylor Swift, once an Apple critic, now in Apple Music ad
Taylor Swift literally falls on her face in the latest ad for Apple Music — quite a turnaround from her vocal fight with the company over unfair pay last year.
Facebook punts on bid to stream NFL games
So much for football on Facebook.
Investor: Who said black founders can’t build a billion dollar company?
Read full story for latest details.
900,000 Comcast customers may not be able to watch Yankees opener
Opening Day at Yankee Stadium is three days away — bad news for fans who have Comcast cable subscriptions.
Andrew Sullivan joins New York Magazine
Pioneering political blogger Andrew Sullivan is back.
Brazilian billionaire charged in bribery scheme
Read full story for latest details.
Syracuse Orange is the hottest selling color
Orange has never been a hotter color.
Glittering: Gold’s brightest quarter since 1986
Read full story for latest details.
China says April Fool’s Day is anti-Chinese
China is not a fan of April Fool’s Day.
Google’s April Fools’ prank backfires big time
Ooops. That wasn’t very funny, Google.
Grieving father pleads with Apple to unlock his dead son’s iPhone
Leonardo Fabbretti is pleading with Tim Cook to help him see the photos stored on his dead son’s iPhone.
10,000 millionaires left France last year
Read full story for latest details.
Has the Federal Reserve messed up?
America’s central bank has two goals: get the country to full employment and keep the costs of goods stable.
Bringing solar power and jobs to low-income neighborhoods
Mark Davis used to be a professional basketball player for the NBA. But what he most wants to be known for is bringing solar power and jobs to low-income neighborhoods.
Toshiba recalls 100,000 batteries that can melt your laptop
Toshiba is recalling faulty laptop batteries that are too hot to handle.
1.3 million Brits just got a pay hike
Read full story for latest details.
eHarmony finally launches its jobs site
It’s matched more than 2 million married couples. Now, eHarmony wants to help people find jobs that they love.
Reddit hints that U.S. now spying on its customers
It seems that the federal government has made a demand — in a controversial secret court — to spy on Reddit users.
Wall Street loves Tesla’s new Model 3
The very early reviews for the Tesla Model 3 — from Wall Street — are in. And they’re positive.
Saudi Arabian prince plans $2 trillion fund
Saudi Arabia’s prince has outlined bold plans to build a mega $2 trillion investment fund to help wean his country off its heavy reliance on oil.
4 things to expect in Friday’s jobs report
The latest pulse on the U.S. economy comes out Friday.
Never say never: Kanye West’s ‘The Life of Pablo’ is now on Apple
Kanye West made it sound pretty definitive back in February when he vowed his latest album would “never never never” be on Apple.
Stocks: 5 things to know before the open
Investors are very clearly in a bad mood.
China’s latest move to strengthen its grip on the Internet
China is working on new rules that could enable it to clamp down even more heavily on the Internet.
Walmart cuts iPhone price by $100
Walmart is holding a three-month “Rollback” on iPhones and Galaxy smartphones.
Tesla reveals its $35,000 car for the masses
Even before Tesla unveiled its new Model 3 on Thursday night, more than 115,000 people had already paid $1,000 to reserve one of the highly-anticipated electric cars.
Global shipping industry takes a hit from China slowdown
Read full story for latest details.
New York lawmakers strike deal for a $15 minimum wage
Gov. Andrew Cuomo and legislative leaders in Albany have come to an agreement that will eventually raise the state’s minimum wage to $15 for everyone.
The quest for an unbreakable phone is ‘impossible,’ says Apple
Apple is pushing hard to make its phones more secure, but the quest for perfect security will never be met.
Costco’s switch from Amex to Visa a win for customers
Costco is switching from American Express to Visa, and it looks like that’ll be a good deal for customers.
Price wars: Trader Joe’s is beating Whole Foods
Who’s got better prices: Whole Foods or Trader Joe’s?
Cellebrite is the FBI’s go-to phone hacker
All signs are pointing to Cellebrite, an Israeli company, as the mysterious “outside party” that helped agents unlock the iPhone used by the San Bernardino terrorist.
FCC expands Lifeline to help the poor pay for Internet access
Millions of low-income Americans will now be able to pay their bills, do their homework and apply for jobs online thanks to the expansion of a federal subsidy program called Lifeline.
DraftKings, FanDuel agree to end college sports contests
The latest blow to the daily fantasy sports business came Thursday when DraftKings and FanDuel announced they’ll stop operating games based on college-level sports on Saturday, just as March Madness wraps up.
Starwood Hotels’ top bidder Anbang withdraws offer
The Chinese company Anbang has withdrawn its bid for Starwood Hotels and Resorts, leaving Marriott International the sole remaining bidder for the hotel chain.
California is first state to approve $15 minimum wage
California has become the first state in the nation to approve a statewide $15 minimum wage.
France says ‘non’ to big auto exec pay packages
Read full story for latest details.
Jon Stewart M.I.A. as Donald Trump upends the 2016 election
Read full story for latest details.
The third Apple co-founder who lost out on a fortune
Steve Jobs, Steve Wozniak and … Ron Wayne?
Oil crash is closing in on its biggest victim
The oil crash could soon claim its biggest victim yet.
Oil’s dramatic fall and shocking rise
Phew. Oil’s roller-coaster quarter is over.
Puerto Rico might CUT its minimum wage
Dozens of American cities and states believe the U.S. federal minimum wage of $7.25 is way too low. Not Puerto Rico. The island might actually slash wages.
Why did Nintendo fire this woman?
Read full story for latest details.
Order condoms, beef jerky with new Amazon Dash buttons
There’s nothing worse than running out of condoms and sunflower seeds when you’re too busy to run to the store.
Brazil: economic collapse worse than feared
Amid political chaos, Brazil’s economic collapse is worse than its government once believed.
Donald Trump has had too much media coverage, 75% of Americans say
Three out of every four Americans believe the media has given too much coverage to Donald Trump, a new survey from the Pew Research Center says.
Beyoncé fans and Lululemon trade snarky tweets over Bey’s new clothing line
Beyoncé introduced her new activewear line, Ivy Park, on Thursday — and it’s caused some friction with Lululemon.
Verizon is tacking on another $20 fee
Verizon will start charging customers $20 to upgrade their phones starting April 4.
Apple fixes iPhone bug that caused devices to crash
Apple seems to have squashed a bug that caused iPhones and iPads running iOS 9.3 to crash.
Google CEO Sundar Pichai made $100 million last year
Google CEO Sundar Pichai is getting paid 100 million times more than his predecessor.
New SAT test leaked abroad
Read full story for latest details.
Keith Olbermann wants a piece of the 2016 campaign
Keith Olbermann wants a piece of the extraordinary 2016 campaign.
Oil crunch bites: Russia and Saudi Arabia cut defense budgets
Cheap oil is forcing Saudi Arabia and Russia to cut the unthinkable. Their defense budgets.
Disney, Marvel, Lucasfilm sue company offering costumed characters
Disney, Marvel and Lucasfilm are suing an entertainment company that provides costumed actors for parties, birthdays and corporate events.
Yellen has killed the strong dollar rally
Read full story for latest details.
92% of investors made money in March after insane 1st quarter
Call it a lucrative finale to a looney first quarter.
This museum wants the Apple Watch to be your tour guide
Museums may be filled with antiquities, but they’re increasingly adopting the latest consumer technology to keep visitors engaged.
Starbucks joins more than 100 companies asking N.C. to repeal ‘anti-LGBT’ law
Starbucks is one of the latest companies to sign a letter asking North Carolina Governor Pat McCrory to repeal the state’s anti-LGBT law.
S&P warns of increasing risks in China
A second credit ratings agency has downgraded its outlook for China, warning of increased risk in its massive economy.
Chobani founder: Higher wages important to our success
Two years ago, a member of the Chobani family, whom I’ll call Eric, moved to the small village of New Berlin in upstate New York in search of opportunity.
Amazon will no longer sell USB cords that fry your laptop
Amazon will no longer allow the sale of USB cords that could potentially fry your gadgets.
This former NFL player lost $2 million in 90 days
At the peak of his post-NFL career, Marques Ogden was worth $4 million.
Trader Joe’s settles Milano cookies infringement spat
Trader Joe’s Crispy Cookies filled with Belgian chocolate look a bit too much like Milano cookies for Pepperidge Farm’s liking.
U.S. women soccer players charge pay discrimination
Read full story for latest details.
$75 a day vs. $75,000 a year: How we lost jobs to Mexico
He’s a young, talented man chasing the American dream: a car, a house and one day a family of his own. And he just landed a dream job as an engineer at General Electric with good pay.
Stocks: 4 things to know before the open
It’s the final day of the first quarter.
Bad loans pile up at China’s biggest banks
Bad loans are rising quickly at China’s top banks.
14 million Americans live in extremely poor neighborhoods
Nearly 14 million Americans are living in extremely poor neighborhoods, more than twice as many as in 2000, a new report has found.
Tesla Model 3 draws lines to dealership a day before unveiling
The Model 3 has drawn eager buyers to Tesla stores more than a day before the electric car will be unveiled.
Woman at center of discredited Rolling Stone rape story resists deposition
The lawyers of alleged University of Virginia rape victim “Jackie” have asked a court to cancel a scheduled deposition in a lawsuit being brought against Rolling Stone for its discredited article about a gang rape at a fraternity on campus.
Whoopi Goldberg launches weed startup for women
Whoopi is getting into the weed business.
What you need to know about the minimum wage
Read full story for latest details.
Chipotle files to trademark Better Burger restaurant name
Chipotle may open another restaurant chain called Better Burger.
New York Times hits back at the NFL
The National Football League’s attempt to take on The New York Times has backfired.
Chapter Five: Knocking on the psychic’s door
Read full story for latest details.
The latest Russian bank bailout is not like all the rest
Russia is bailing out its own development bank.
What we know about Tesla’s Model 3
The long wait for Tesla’s new Model 3 is almost over.
Stocks soar to highest level in 2016
From Wall Street to Main Street, investors are doing a happy dance. On Wednesday, the U.S. stock market hit its highest level yet in 2016.
Microsoft starts shipping HoloLens and announces a big Windows 10 update
Read full story for latest details.
Lifeline vote could help millions of poor families get online
Read full story for latest details.
No tech firms went public this quarter
There were officially zero tech IPOs in the first quarter of this year.
AP fights claims it worked with the Nazis
The Associated Press is fighting back claims that it cooperated with the Nazis and even ceded editorial control to Hitler’s regime in exchange for access.
A hassle-free way to check bags at the airport
Paper luggage tags could become another air travel relic.
Conservative female pundits want Donald Trump to fire his campaign manager
Some of the nation’s most influential female conservative pundits are calling on Donald Trump to fire his embattled campaign manager Corey Lewandowski.
CNN sets record for town hall viewership
CNN’s town hall with Ted Cruz, Donald Trump and John Kasich averaged 3.26 million viewers on Tuesday night, setting a new high bar for cable news town halls.
How many funds do you need for a diversified portfolio?
My retirement portfolio currently consists of two mutual funds. Is that enough? Or do I need more funds to be properly diversified –E.F.
Americans are spending more, but earning less
Read full story for latest details.
I sent my resume to Donald Trump
Linda Norris is banking on Donald Trump to improve her life.
Cheetos in crosshairs of deforestation controversy
When you think about deforestation, Cheetos probably don’t come to mind as a culprit. Yet the neon orange snack food has infuriated an activist group that wants to save the rainforests.
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