The cost of $4.99 rotisserie chickens: Costco gets sued for animal mistreatment
By Nathaniel Meyersohn, CNN Business In 2019, Costco opened a $450 million poultry processing plant in Nebraska to produce millions of its staple…
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RadioShack’s NSFW Twitter account, explained
CNN By Jordan Valinsky, CNN Business Clearly, this isn’t your father’s RadioShack. The zombie retailer’s Twitter account contains a…
Continue ReadingHackers steal $100 million from California cryptocurrency firm
By Sean Lyngaas, CNN Business Hackers have stolen the equivalent of $100 million from a California-based cryptocurrency firm in the latest big-money…
Continue ReadingHow Americans cope with inflation: Less gas, lots of frozen pizza and cheap coffee
CNN By Parija Kavilanz, CNN Business Americans are cutting back at the gas pump — and not just the amount of fuel they put in their tanks.…
Continue ReadingAnother recession warning: Falling copper prices
By Julia Horowitz, CNN Business Some investors look to copper prices as a bellwether for the global economy. If you’re one of them, you have…
Continue ReadingSmall banks in China are running into trouble. Savers could lose everything
By Laura He, CNN Business Peter had put his life savings of about $6 million into accounts at three small banks in China’s central Henan…
Continue ReadingOil CEOs call for ‘tone shift’ from White House on finger-pointing over gas prices
CNN By Matt Egan, CNN Business The oil industry pushed for an easing of tensions and a dialing back of finger-pointing from the White House during a…
Continue ReadingOil CEOs call for ‘tone shift’ from White House on finger-pointing over gas prices
By Matt Egan, CNN Business The oil industry pushed for an easing of tensions and a dialing back of finger-pointing from the White House during a…
Continue ReadingEx-Trump adviser calls for lifting Trump tariffs on China
By Matt Egan, CNN Business Former Trump economic official Gary Cohn is in favor of President Joe Biden lifting some Trump-era tariffs imposed on…
Continue ReadingNetflix lays off 300 employees as bad year continues to hit company
By Frank Pallotta, CNN Business Netflix is laying off 300 employees in the midst of a rough year for the streaming giant. “While we continue to…
Continue ReadingThe newest, weirdest summer treat is a ketchup-flavored popsicle
By Zoe Sottile, CNN A Canadian ketchup brand has launched an unusual twist on a popular summer treat: Ketchup-flavored popsicles. The…
Continue ReadingTesla posts rare drop in sales in second quarter
CNN, CNN BUSINESS By Chris Isidore, CNN Business Covid lockdowns in China resulted in a rare drop in production and sales for Tesla in the second…
Continue ReadingElon Musk says he’s worried about keeping Tesla out of bankruptcy
By Chris Isidore, CNN Business Tesla faces billions of dollars in losses from its new plants, supply chain problems and Covid lockdowns — enough…
Continue ReadingHow Redbox became a Wall Street darling once again
By Paul R. La Monica, CNN Business It wasn’t too long ago when some movie fans found that the easiest and cheapest way to watch movies in a…
Continue ReadingHow Americans cope with inflation: Less gas, lots of frozen pizza and cheap coffee
By Parija Kavilanz, CNN Business Americans are cutting back at the gas pump — and not just the amount of fuel they put in their tanks. Consumers…
Continue ReadingFed chair Jerome Powell: Rate hikes could lead to more job losses
By Matt Egan, CNN Business Federal Reserve Chairman Jerome Powell told lawmakers on Thursday that aggressive interest rate hikes designed to tame…
Continue Reading‘Abhorrent and systemic’ culture of sexual abuse in Australian mining, inquiry finds
By Hannah Ritchie, CNN Mining in Western Australia, a multi-billion dollar industry which helps power the nation’s economy, is plagued by an…
Continue ReadingNike is exiting Russia
By Jordan Valinsky, CNN Business Nike is the latest Western brand to leave Russia. In a statement, the clothing manufacturer said that it has…
Continue ReadingMortgage rates rise again, pricing more buyers out of the housing market
By Alicia Wallace, CNN Business Mortgage rates continue to climb as the Federal Reserve seeks to tame unwieldy inflation. The 30-year fixed-rate…
Continue ReadingWarren Buffett must really love oil. Berkshire boosts Occidental Petroleum stake
By Paul R. La Monica, CNN Business Warren Buffett’s Berkshire Hathaway is betting that the oil boom isn’t going to end any time soon.…
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