Industrial conglomerate 3M is laying off 1,500 workers globally as the company looks to restructure. 3M reported the job cuts, which amount to a little more than 1.5% of its total employee count of 96,000, in its fourth quarter earnings release Tuesday. The company reported sales and earnings that missed forecasts and issued an underwhelming…… MORE
Republican Sen. Joni Ernst of Iowa suggested Monday that President Donald Trump’s impeachment trial could damage Joe Biden’s presidential campaign in Iowa as the state’s caucuses are less than a week away. Trump’s attempts to pressure Ukraine to investigate Hunter Biden and Joe Biden, his potential political rival, are at the center of the President’s…… MORE
Novak Djokovic broke down in tears while reflecting on his friendship with Kobe Bryant at the Australian Open. Speaking after his quarterfinal victory over Milos Raonic, Djokovic hailed Bryant, who died alongside his daughter and seven others in a helicopter crash Sunday, as “one of the greatest athletes of all time”. “He inspired myself and…… MORE
I’ve been overwhelmed with messages from family and friends about Kobe Bryant’s death. Some texts came from people I haven’t spoken to in years, and even my Mom, who doesn’t care about sports, immediately texted me. I’ve been a basketball fan ever since I was kid growing up in Portugal, and have always loved the…… MORE
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. European markets are showing signs of recovery on Tuesday as investors shake off some concerns about the spreading coronavirus outbreak. US stocks are poised to follow suit. The latest: The death toll…… MORE
McDonald’s is trying to cash in on Americans’ growing appetite for chicken sandwiches while upping its game in the increasingly competitive breakfast segment. Starting this week, the fast food giant is selling its Chicken McGriddles and McChicken Biscuit sandwiches nationally for a limited time. They were previously available only in some regional markets. Customers have…… MORE
A single dose of psilocybin, a compound found in “magic mushrooms,” provides long-term relief of anxiety and depression in cancer patients, a new study finds. In fact, cancer patients who were given psilocybin reported reductions in anxiety, depression, hopelessness, demoralization, and death anxiety more than four years after receiving the dose in combination with psychotherapy.…… MORE
Australian Open organizers have criticized John McEnroe and Martina Navratilova after the tennis greats protested on court Tuesday over the naming of the Margaret Court Arena in Melbourne Park. A day after 24-time grand slam champion Court was honored at the tournament on the 50th anniversary of her calendar Grand Slam, McEnroe and Navratilova unfurled…… MORE
Underdog victories don’t come much bigger than this. A previously unknown sumo wrestler upset the odds Sunday to win the first major tournament of the year. No one at the New Year Grand Sumo Tournament was ranked lower than Tokushoryu but the 33-year-old managed to surprise everyone to conquer almost all ahead of him. His…… MORE
Libraries are still the place to be! Last year, Americans visited the library about twice as often as they went to the movies, according to a Gallup poll. Here’s what you need to know to Get Up to Speed and Out the Door. (You can also get “5 Things You Need to Know Today” delivered…… MORE
