Jack in the Box is buying Del Taco for $575 million
By Danielle Wiener-Bronner, CNN Business Three years after ditching Qdoba Mexican Eats, Jack in the Box is scooping up Del Taco in a $575 million…
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Kohl’s should break up or go private, activist investor demands
By Nathaniel Meyersohn, CNN Business Kohl’s should spin off its online business or find a buyer to take the whole company private, an activist…
Continue ReadingBetter.com CEO fires 900 employees over Zoom
CNN, CNNBUSINESS By Ramishah Maruf, CNN Business Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on…
Continue ReadingNew York City to mandate Covid vaccines for all private sector workers
CNN, NYC MEDIA By Aaron Cooper, Matt Egan and Chris Isidore, CNN Business All private sector employers in New York City will now be required to…
Continue ReadingDow climbs more than 600 points amid renewed volatility
By Anneken Tappe It’s a strong start to the week on Wall Street, where the Dow finished up more than 600 points amid a rebound from last…
Continue ReadingOMG! LOL! BuzzFeed’s trading on the Nasdaq
By Kerry Flynn, CNN Business At Nasdaq Monday, BuzzFeed CEO Jonah Peretti — flanked by Instagram celebrity “Dude with Sign” and people…
Continue ReadingFederal regulators are investigating the Trump SPAC deal
By Matt Egan, CNN Business The shell company that is facilitating former President Donald Trump’s return to Wall Street disclosed Monday that…
Continue ReadingFederal regulators are investigating the Trump SPAC deal
CNN By Matt Egan, CNN Business The shell company that is facilitating former President Donald Trump’s return to Wall Street disclosed Monday…
Continue ReadingSEC probes Tesla on whistleblower’s claims about solar panel defects
Reuters Tesla is under regulatory investigation after a whistleblower alleged the company failed to properly disclose fire risks associated with…
Continue ReadingHong Kong warns Wall Street Journal of legal action over election editorial
By Michelle Toh, CNN Business Hong Kong has warned the Wall Street Journal that it may have broken electoral law by “scaremongering” in a…
Continue ReadingNew York City to mandate Covid vaccines for all private sector workers
By Aaron Cooper, Matt Egan and Chris Isidore, CNN Business All private sector employers in New York City will now be required to implement a Covid-19…
Continue ReadingBitcoin’s plunge is another sign of market angst
By Julia Horowitz, CNN Business Over the past week, as markets were churning on fears that the Omicron variant could derail the global economic…
Continue ReadingDoorDash thinks speedy grocery delivery is the future
By Danielle Wiener-Bronner, CNN Business DoorDash is jumping on the speedy delivery trend. Starting Monday, the company is offering 10- to 15-minute…
Continue ReadingKFC is testing a new dipping sauce in these three cities
By Jordan Valinsky, CNN Business Kentucky Fried Chicken is testing a new dipping sauce in three US cities. Beginning Monday, customers in Washington,…
Continue ReadingBetter.com CEO fires 900 employees over Zoom
CNN, HLN By Ramishah Maruf, CNN Business Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on a Zoom…
Continue ReadingLucid Motors subpoenaed by the SEC. Shares plunge
By Chris Isidore, CNN Business Upstart electric vehicle maker Lucid Motors disclosed Monday it has received a subpoena from the SEC, sending its…
Continue ReadingEvergrande shares plummet 20% to new record low as default fears resurface
By Laura He, CNN Business Shares of Evergrande plummeted to a new record low on Monday as the Chinese developer once again teetered on the brink of…
Continue ReadingWith Chris Cuomo gone from CNN, another cable news time slot is up for grabs
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingWith Chris Cuomo gone from CNN, another cable news time slot is up for grabs
CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue ReadingBritain needs a ‘booster for growth’ as tax hikes threaten investment
By Walé Azeez, CNN Business Britain’s economy needs much more investment. Business says it’s unlikely to get it any time soon. The…
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