Avis stock more than doubles after strong earnings show no end to rental car boom
By Paul R. La Monica, CNN Business Avis Budget investors didn’t really need to try harder to make any money from the stock on Tuesday. The…
Continue ReadingCNN – Business/Consumer
Americans grow pessimistic on the economy as high inflation lingers
By Matt Egan, CNN Business Nearly two-thirds of Americans describe the economy as poor in a new poll that comes amid high inflation and supply chain…
Continue ReadingExclusive: Even hot dogs, burgers and deli meats will soon get more expensive
CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options…
Continue ReadingMaersk turns record profit and predicts supply chain chaos will continue
By Walé Azeez, CNN Business Maersk, the world’s largest container shipping company, predicts that global supply chain chaos will continue into…
Continue ReadingRacial segregation costs the US billions of dollars a year
By Alicia Wallace, CNN Business If communities across America were to become more racially integrated, it would be an “economic game…
Continue ReadingChipotle is testing a new chicken recipe for the first time in its 28-year history
By Jordan Valinsky, CNN Business Chipotle is testing pollo asado in two US cities, marking the first time in nearly 30 years the chain has…
Continue ReadingAmazon will no longer require vaccinated workers to wear masks at work
By Jordan Valinsky, CNN Business Amazon is lifting a mask mandate for fully vaccinated warehouse workers beginning Tuesday. Vaccinated Amazon workers…
Continue Reading3 reasons it’s so hard for companies to hire right now — and what they can do about it
Opinion by Karin Kimbrough for CNN Business Perspectives The US is experiencing a historically tight labor market. The speed of the current recovery…
Continue ReadingI’m not picking on Elon Musk. Just please help, says UN food official
CNN By Moira Ritter, CNN Business The director of the United Nations’ World Food Programme is still pleading with the world’s richest…
Continue ReadingI’m not picking on Elon Musk. Just please help, says UN food official
By Moira Ritter, CNN Business The director of the United Nations’ World Food Programme is still pleading with the world’s richest…
Continue ReadingWhy flying is so bad and about to get worse
By Chris Isidore, CNN Business Canceled flights, packed planes, rising fares and violent outbursts are the new normal for air travel. Flying is…
Continue ReadingChina is starting to look less scary to investors
By Julia Horowitz, CNN Business For investors, the appeal of China has always been clear. Despite a long list of political risks, it’s the…
Continue ReadingChina is urging families to stock up on food as supply challenges multiply
By Laura He and Yong Xiong, CNN Business China is telling families to stock up on food and other daily essentials as bad weather, energy shortages…
Continue ReadingCryptocurrencies rally on Facebook’s ‘Meta’ rebrand
By Moira Ritter, CNN Business Facebook announced its company rebrand just last week, but a little-known cryptocurrency is already rallying in…
Continue ReadingIndia’s billionaire vaccine prince held the key to ending the pandemic. His plans went awry
By Diksha Madhok, CNN Business As Covid-19 wreaked havoc around the world last year, the 39-year-old son of an Indian billionaire was laying the…
Continue ReadingHere’s what it’s like to live in one of Charlie Munger’s windowless dorms
By Ramishah Maruf, CNN Business Billionaire Charlie Munger’s controversial plans for a massive, windowless dorm at the University of…
Continue ReadingWarren Buffett’s billionaire partner bankrolls windowless dorm. An architect quit
CNN By Ramishah Maruf, CNN Business Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California,…
Continue ReadingPfizer revenue and profits soar on its Covid vaccine business
By Chris Isidore, CNN Business Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results…
Continue ReadingPfizer revenue and profits soar on its Covid vaccine business
CNN By Chris Isidore, CNN Business Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for…
Continue ReadingIndia’s billionaire vaccine prince held the key to ending the pandemic. His plans went awry
CNN By Diksha Madhok, CNN Business As Covid-19 wreaked havoc around the world last year, the 39-year-old son of an Indian billionaire was laying the…
Continue Reading