World: News and Reviews from CNN Money

President Barack Obama says "Obama out!" at the White House Correspondents' Association annual dinner in Washington, April 30, 2016. REUTERS/Yuri Gripas

Here is the latest World News from CNN Money.

Stocks: Four things to know before the open
Here’s what you need to know about the markets before you start your business day.

Computer scientist claims he created Bitcoin 
Australian computer scientist Craig Steven Wright has publicly identified himself as “Satoshi Nakamoto,” creator of the widely-used cryptocurrency Bitcoin.

In ‘Game of Thrones’ twist, Jon Snow is… 
The latest “Game of Thrones” episode added a fresh twist to the question of whether popular character Jon Snow was dead.

‘Captain America’ scores big internationally
“Captain America: Civil War” brought in a big box office in international markets since opening last week.

Halliburton calls off mega-merger
Halliburton and Baker Hughes are ditching their plans to merge after the Department of Justice moved to block the oil and gas industry giants from consolidating.

Warren Buffett admires fellow billionaire Jeff Bezos
Read full story for latest details.

Warren Buffett is not a fan of Donald Trump
The Oracle of Omaha joked that the impact on Corporate America would not be the biggest problem of a Donald Trump presidency.

Marissa Mayer could get $55 million severance
Yahoo CEO Marissa Mayer could get $55 million if Yahoo gets sold and she gets the boot.

Journalist trolled after Melania Trump article
Read full story for latest details.

Popular: Radical Islam in America | Graham Opposes Republican Leader | Guns in America
Watch SpaceX’s 360? video of rocket landing
Now you can watch the SpaceX Falcon 9 rocket land on a barge as if you were standing on the deck of the ship.
Stocks suffer worst week since February 
The Dow is down 300 points over the past two days, leaving the index on track for its worst week since early February. Blame fumbled earnings reports from the likes of Apple and Google as well as concerns about the Bank of Japan.

NBC partners with Snapchat for Olympics
NBC is partnering with Snapchat to bring footage from the Rio summer Olympics to the popular social media service.
Mexico is Latin American winner 
Mexico’s economy is gaining momentum and proving resilient while Brazil’s economy has spiraled into recession and political chaos.

Yahoo is an antique for sale…on Craigslist
How bad have things gotten for Yahoo? Someone put up a fake “for sale” ad on Craigslist — in the antiques section.
Marvel’s ‘The Punisher’ to star in spinoff Netflix series 
Marvel’s “The Punisher” is getting his own series on Netflix.

ExxonMobil profits plunge 63%
Read full story for latest details.

Popular: Guns in America | Sanders Demands Clinton Apologize | Blindsided: How ISIS Shook The World
New milestone for bull market
The bull market in stocks became the second-longest in American history on Friday, surpassing the upswing that spanned 1949 to 1956. But how much longer is this party going to last?

CEO makes 1,444 times his employees’ pay
Martin Sorrell, the long time CEO of advertising company WPP, made $102 million in 2015.

India’s debt problem is bigger than one tycoon
Indian tycoon Vijay Mallya is being hounded over unpaid debts. His fall from grace raises a red flag about a much bigger problem facing the country.

Recent podcasts: Bernie gets the Axe | Blindsided: How ISIS Shook The World | Graham Opposes GOP Leader
Stocks: 5 things to know before the U.S. open
Here’s what you need to know about the markets before you start your business day.

Wait, what? Euro economy grows faster than U.S. 
Read full story for latest details.
New York Times CEO faces discrimination suit
New York Times CEO Mark Thompson is accused in a federal lawsuit of creating “a culture of discrimination.” The newspaper said the suit is “entirely without merit.”

Hands off, China! Australia may block huge deal
The Australian government said a deal for a Chinese company to take control of the Kidman beef company is “contrary to the national interest.”
Apple employee found dead at HQ shot himself
The Apple employee found dead Wednesday at the company’s headquarters killed himself.

Lara Croft cast in ‘Tomb Raider’ reboot
Alicia Vikander will star in the reboot of “Tomb Raider.” The Oscar winner will be playing explorer Lara Croft.

Trump is a ‘pragmatist’ on economy: Carl Icahn
Read full story for latest details.

Amazon shares soar on robust earnings
Amazon shares rose by as much as 12% as earnings and sales topped forecasts.

One of Apple’s biggest cheerleaders is selling
Carl Icahn, a major Apple shareholder and cheerleader, told CNBC he has exited his position in the iPhone maker.
Beyonce selling ‘Boycott Beyonce’ shirts
The superstar hits back at her haters with some tongue-in-cheek merchandising.

Popular: Guns in America | Sanders Demands Clinton Apologize | Blindsided: How ISIS Shook The World
Volkswagen ex CEO made $8 million in crisis year
Read full story for latest details.

This CEO got a $148 million payday
Read full story for latest details.

Why Facebook could be worth $1 trillion
Facebook continues to post stunning gains in earnings, revenue and subscribers. If it keeps this up, Mark Zuckerberg’s company could one day be worth more than Apple, Google and other Corporate America giants.
Ford reports best first quarter in 113 years
Read full story for latest details.

7 biggest investment mistakes celebrities make
From betting too heavily on real estate to overestimating future earnings, here are 7 of the most common money mistakes that celebrities make.

Recent podcasts: Bernie gets the Axe | Blindsided: How ISIS Shook The World | Graham Opposes GOP Leader
U.S. economy grows paltry 0.5% in Q1
Tepid consumer spending, a sluggish a manufacturing sector and global headwinds weighed down U.S. growth to start 2016.

Comcast buys DreamWorks in $3.8 billion deal
Comcast’s NBCUniversal division is acquiring the DreamWorks Animation studio for roughly $3.8 billion.

Obama, IMF and OECD are wrong about Brexit?
Here’s a group of economists with a bold claim: The IMF, OECD, President Obama, and pretty much every big Wall Street bank got their sums wrong about Britain’s prospects outside the European Union.
Want a ‘smart home’? There’s a store for that 
Read full story for latest details.

Recent podcasts: Sanders Demands Clinton Apologize | Guns in America | Radical Islam in America
China still wants to buy the world’s hotels 
China’s HNA Tourism Group has agreed to buy Carlson Hotels, the owner of the Radisson hotel chain.
SpaceX just landed an $83 million military contract
Elon Musk’s SpaceX has been awarded an $82.7 million contract to send a U.S. Air Force satellite into space.

Stocks: 5 things to know before the U.S. open
Here’s what you need to know about the markets before you start your business day.

BoJ shocks with vote against more stimulus
Stocks in Tokyo plunged into negative territory after the bank said it was refraining from unleashing any fresh stimulus measures.
Apple employee found dead at HQ
Police found a the body of a dead male Apple employee inside one of the company’s conference rooms on Wednesday morning.

Facebook’s reach gets even bigger
Facebook turned in another stellar quarterly report that sent shares of the company up nearly 9% in after-hours trading.
FBI won’t tell Apple how it hacked iPhone
Just like Apple claimed ignorance to avoid helping the FBI, the FBI now says it can’t tell Apple how it hacked the San Bernardino terrorist’s iPhone because it simply doesn’t know how it worked.

America’s earnings recession just got worse
Apple, Twitter and Chipotle are just the latest victims of the earnings recession in Corporate America.

Germany’s $1.4 billion boost for electric cars
The German government and three automakers are offering incentives worth $1.4 billion to boost the sales of electric cars.

Podcast favorites: Bernie gets the Axe | Radical Islam in America | Graham Opposes GOP Leader
Qatar CEO: Trump is all ‘smoke and mirrors’ 
The CEO of Qatar Airways believes Donald Trump would undergo a transformation if he becomes U.S. President.

iPhone 6S has been BIG disappointment
To say that Apple’s iPhone 6S has failed to live up to expectations is an understatement.

No rate hike: U.S. worries keep Fed on hold
The Federal Reserve’s committee didn’t surprise anyone by not raising interest rates Wednesday. It maintained its cautious view of the global economy.
India: Phones must have a ‘panic button’ 
India has announced new rules that require all mobile phones to have a “panic button,” in order to protect women and prevent rape.

Marissa Mayer’s nemesis is now her boss
Marissa Mayer and activist hedge fund manager Jeff Smith have been facing off for months. Now they’re on the same board.

Don’t get too used to a weak dollar
The dollar has pulled back in the past few weeks. That should be great news for much of Corporate America. But here’s why executives aren’t jumping for joy … and neither should investors.

Podcast favorites: Blindsided: How ISIS Shook The World | Bernie gets the Axe | Guns in America
Uber trialing 2-minute wait time before charging
Uber has started to penalize passengers if they cancel a ride after two minutes instead of five or make drivers wait more than two minutes.

Venezuela orders 2-day work week
Venezuela’s President, Nicolas Maduro, announced that public sector employees will only work Monday and Tuesday in an effort to save electricity.
Prince had no will, says his sister
Read full story for latest details.

Recent podcasts: Bernie gets the Axe | Blindsided: How ISIS Shook The World | Graham Opposes GOP Leader
Nintendo announces new ‘NX’ console
Nintendo has announced a new console called the ‘NX’ to replace the wildly disappointing Wii U. But it won’t be available until March 2017.
Brexit is already hurting the UK economy
The referendum on Britain’s European Union membership is still two months away, but it is already hurting the U.K. economy.

BMW building tricked-out wheelchairs for Paralympics
U.S. Paralympic racers in the 2016 Rio games will get custom racing wheelchairs designed and built by BMW.

Will the Fed raise rates before the election?
Donald Trump has blasted the Fed for manipulating interest rates to help Obama and Democrats. Experts say that’s off-base, but Election 2016 could have some influence on the Fed this year.

Popular: Radical Islam in America | Graham Opposes Republican Leader | Guns in America
U.S. Steel says China is stealing trade secrets
U.S. Steel Corp has filed a complaint with the U.S. International Trade Commission (ITC), asking for an investigation into dozens of Chinese steel producers accused of breaking trade rules.
Mitsubishi’s problems spread beyond Japan
The EPA has ordered Mitsubishi Motors to conduct new tests after the automaker admitted that it had falsified fuel efficiency numbers for the past quarter century.

China could make its risky loan problem worse
China needs to think bigger to tackle its growing corporate debt problem, the International Monetary Fund has warned.

Podcast favorites: Blindsided: How ISIS Shook The World | Bernie gets the Axe | Guns in America
Stocks: 6 things to know before the U.S. open
Here’s what you need to know about the markets before you start your business day.

Trump, Clinton score major victories
Donald Trump and Hillary Clinton scored huge victories Tuesday that bring them closer to a monumental duel for the White House in the fall.

‘Captain America: Civil War’ ready to take off
“Captain America: Civil War,” Disney’s next big Marvel film, rolls out in international markets on Wednesday in what could be a prelude to a monster U.S. box office opening.

Prince’s album sales surge 16,000% after singer’s death
Prince’s album sales went up over 16,000% following the singer’s death last Thursday.

Apple’s iPhone sales sink for the first time ever 
Apple just announced its worst sales in over a decade, dragged down by the first-ever decline in iPhone sales.
Oculus founder rails against critics on Reddit
Oculus founder Palmer Luckey hit back at some of his most vocal critics on Reddit early Tuesday morning, calling one of them “an insufferable fanboy.”
NYT is shutting down part of its Paris operation
New York Times is shutting down some of its Paris operation, cutting up to 70 jobs.

Helicopter money: central banks’ last resort
Read full story for latest details.

Recent podcasts: Sanders Demands Clinton Apologize | Guns in America | Radical Islam in America
Poster child of global economic turmoil
Whirlpool is a prime example of the deep challenges facing multinational companies these days. The appliance maker reported declines in overseas sales on Tuesday, especially in Latin America amid the struggles of Brazil.

Topshop billionaire vs. 20,000 pensioners
Retail billionaire Sir Philip Green is facing calls to use his fortune to help pay pensions that will be cut after the collapse of his former company BHS.

Why are England’s hospital doctors so angry?
Thousands of junior doctors are striking in England, withdrawing emergency care for the first time in 70 years. They hate new contracts the government plans to impose.
Want to turn your hobby into cash? This man knows how
Dare Jennings has turned his hobbies into a string of successful businesses, making millions along the way.

Yes, China has won big from U.S. trade
Read full story for latest details.

Podcast favorites: Bernie gets the Axe | Radical Islam in America | Graham Opposes GOP Leader
11,000 jobs at risk as two UK retailers implode
Read full story for latest details.

Could gang who stole $101M strike again?
Security researchers have urged global banks to tighten their network defenses following the discovery of malware that helped hackers steal $101 million from Bangladesh Bank.
Prince George: World’s youngest fashion icon
Read full story for latest details.

Warren Buffett is beating the market again
Berkshire Hathaway shareholders should be in a good mood at the company’s annual meeting in Omaha this weekend. Here are 5 key things they’ll hope to hear about from Warren Buffett.

Saudi Arabia’s growth plan
Read full story for latest details.

What will happen to Prince’s vault?
It’s not yet known if Prince had a will — and who will inherit his multimillion-dollar estate.

Popular: Radical Islam in America | Graham Opposes Republican Leader | Guns in America
Cash is flooding into emerging markets
Read full story for latest details.

There is a skateboard in this car’s bumper
Audi’s latest concept car, based on its Q3 model, features an electric longboard that is stored in the rear bumper of the vehicle.

Australia spends $39 billion on next-gen subs
Australia has ordered 12 next-generation submarines at a cost of $39 billion, making it the latest nation to upgrade its naval defense capabilities in a region that is already mad for the silent hunters.
China’s PayPal rival is now worth $60 billion
PayPal’s Chinese rival, Ant Financial, is now worth a whopping $60 billion after it raised $4.5 billion from investors.

Apple about to report worst quarter in 13 years
Read full story for latest details.

Facebook needs to live up to the hype
The social media giant is the only major tech stock that’s rallying this year. Can Facebook impress Wall Street after rival Google failed to do so?

Recent podcasts: Sanders Demands Clinton Apologize | Guns in America | Radical Islam in America
BP may cut back further as profits slump 80%
The oil company posted an 80% slump in its profits in the first quarter and indicated that it may cut investment again in response to low prices.

DisneyLife goes offline in China after 5 months
Read full story for latest details.

Mitsubishi: We’ve rigged fuel tests for 25 years
Read full story for latest details.
40 days of blackouts hit Venezuela 
The government announced it would soon begin rolling blackouts to save energy as the country grapples with major economic problems.

Britain puts painter Turner on the new £20 bill
Painter J.M.W. Turner will replace Adam Smith as the new face of the British £20 bank note, the Bank of England announced Friday.
Celebrity perfume sales stink
The celebrity fragrance market is suffering as consumers lose interest in smelling like the stars.

Recent podcasts: Sanders Demands Clinton Apologize | Guns in America | Radical Islam in America
Is Julián Castro America’s Great Latino Hope?
Read full story for latest details.

First tech IPO of the year looks like a dud
SecureWorks, the first tech IPO of 2016, had a lousy start to its life as a public company.
Police smash global money laundering ring
Read full story for latest details.

Cheerios ‘tribute’ angers grieving Prince fans 
Cheerios maker General Mills was forced to delete a Twitter tribute to Prince, after fans called the Tweet tasteless.

McBoom! McDonald’s gets big breakfast boost
The turnaround at McDonald’s continues thanks to all-day breakfast and other new menu items.

Popular: Radical Islam in America | Graham Opposes Republican Leader | Guns in America
Brexit fears are hitting London’s real estate
Investment in central London offices hit its lowest level in five years in the first quarter, as the referendum on Britain’s future in the European Union looms.

 

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