Europe plans to force countries to ration gas as Russia weaponizes energy
By Anna Cooban, CNN Business The European Union has unveiled its emergency gas rationing plan — a day before it fears Russia could drastically cut…
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Chipotle permanently shutters store that filed to unionize
By Danielle Wiener-Bronner and Chris Isidore, CNN Business Chipotle permanently closed a restaurant in Augusta, Maine that filed to form a union last…
Continue ReadingNetflix’s vision for the future of streaming: More expensive or less convenient
CNN By Frank Pallotta, CNN Business Netflix lost roughly a million customers last quarter — the most in the company’s 25-year history. But it…
Continue ReadingNetflix loses subscribers, but stops the bleeding
By Frank Pallotta, CNN Business Netflix reported Tuesday that it lost 970,000 subscribers in the second quarter of 2022 — a number far lower than…
Continue ReadingHome building stalls as the real estate market cools. That won’t help affordability
By Anna Bahney, CNN Business Home builders are hitting the brakes as building costs rise and prospective buyers get priced out of the market. June…
Continue ReadingStarbucks CEO on store closings: ‘There are going to be many more’
By Danielle Wiener-Bronner, CNN Business Starbucks may not be done closing stores over safety concerns. “We are beginning to close…
Continue ReadingCrypto is making a big comeback. Will it last?
By Paul R. La Monica, CNN Business It has been an absolutely brutal year for investors in bitcoin and other cryptocurrencies. Bitcoin has lost more…
Continue ReadingNot everyone can afford air conditioning during a brutal heat wave. Here’s how they cope
CNN By Tami Luhby, CNN Even when the temperature soars into the 90s, Linda Morris won’t turn on her air conditioning until she feels…
Continue ReadingNot everyone can afford air conditioning during a brutal heat wave. Here’s how they cope
By Tami Luhby, CNN Even when the temperature soars into the 90s, Linda Morris won’t turn on her air conditioning until she feels she’s…
Continue ReadingOpinion: The pilot shortage is about to get a lot worse
Opinion by Geoff Murray, Andrew Medland and Rory Heilakka for CNN Business Perspectives The ongoing pilot shortage has already wreaked havoc on…
Continue ReadingThis is the key to getting the global economy working again
By Julia Horowitz, CNN Business Global supply chains are still a snarled mess, disrupting deliveries of goods, adding to headaches for businesses and…
Continue ReadingGM reports strong sales but says it’s prepared for possible recession
CNN, CNN BUSINESS By Chris Isidore, CNN Business General Motors said strong sales and demand for vehicles doesn’t suggest any signs of an…
Continue ReadingUK workers suffer their biggest pay drop in two decades as inflation bites
By Anna Cooban, CNN Business Workers in the United Kingdom are struggling with the biggest drop in pay in more than two decades, as surging food and…
Continue ReadingThe Chevy Blazer EV will be GM’s new mass-market electric SUV
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric mid-sized SUV, the Chevrolet Blazer EV, that will go on sale in about a…
Continue ReadingMore US stations are selling gas for less than $4 a gallon
By Chris Isidore, CNN Business Gasoline for less than $4 a gallon is back, at least in some spots. Nearly one in five gas stations is charging under…
Continue ReadingStaten Island ferry cuts service due to uptick of Covid-19 cases among staff members
By Vanessa Yurkevich, CNN The Staten Island ferry, known for getting residents and commuters to and from Lower Manhattan to Staten Island in 25…
Continue ReadingKFC just rolled out a new menu item to attract a younger crowd
By Danielle Wiener-Bronner, CNN Business KFC is trying out a new type of chicken nugget in an effort to attract younger consumers. Starting Monday,…
Continue ReadingStarbucks is reportedly considering selling its UK business
By Danielle Wiener-Bronner, CNN Business As prices surge and the UK economy struggles more than most of its peers, Starbucks is reportedly looking…
Continue ReadingFrance is facing a looming energy crisis. Here’s how the UAE could help as its president touches down in Paris
By Eoin McSweeney, Mostafa Salem and Celine Alkhaldi France is in the midst of an energy crisis: Russia continues to cut off supply to Europe while…
Continue ReadingGoogle’s stock just got a lot cheaper
By Paul R. La Monica, CNN Business One share of Google’s parent company Alphabet is suddenly a lot more affordable for Main Street investors…
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