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China will create a stock exchange in Beijing

CNN By Laura He, CNN Business China will set up a new stock exchange in Beijing, giving the nation’s capital and political center more influence in the world of business and finance. President Xi Jinping announced the Beijing-based exchange at an international trade fair on Thursday, saying that he wanted to create a venue for

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Reddit takes action against groups spreading Covid misinformation

By Rishi Iyengar, CNN Business After days of controversy over its decision not to crack down on misinformation about Covid-19, Reddit is somewhat backtracking, taking action against dozens of its groups known as “subreddits.” The social media site on Wednesday banned one prominent subreddit called r/NoNewNormal, which described itself as hosting a “[skeptical] discussion of

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Analysis: Republican trust in media keeps sinking to new lows, opening door to overlapping misinformation

By Brian Stelter, CNN Business Every week we read a new story about a conservative media figure who downplayed Covid-19 or mocked the vaccines and wound up hospitalized or dead. Almost as often, we see sad new examples of overlapping misinformation. Here’s what I mean by “overlapping misinformation:” An attorney representing many high-profile suspects from

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