Shoppers are still spending despite the Delta variant
By Nathaniel Meyersohn and Anneken Tappe, CNN US retail sales increased last month as consumers continued to dish out on clothing, furniture and…
Continue ReadingMoney
Marks & Spencer blames Brexit as it closes stores in France
By Hanna Ziady, CNN Business Marks & Spencer is closing 11 of its stores in France because of supply chain problems related to Brexit. The UK…
Continue ReadingRetailers are gearing up for a huge holiday season
By Julia Horowitz, CNN Business The Delta variant continues to be a concern for retailers. But expectations for a merry holiday season remain intact.…
Continue ReadingCigarette group takes control of asthma inhaler maker
By Charles Riley, CNN Business Cigarette giant Philip Morris International has taken control of UK inhaler maker Vectura despite objections from…
Continue ReadingBud Light hopes this beer is the next big thing
By Jordan Valinsky, CNN Business The newest version of Bud Light is even lighter. Anheuser-Busch has announced the launch of Bud Light Next, the…
Continue ReadingRivian beats Tesla, GM and Ford to build the first electric pickup truck
By Chris Isidore, CNN Business There is a winner in the race to build the first consumer ready electric pickup truck, and it isn’t Tesla, Ford…
Continue ReadingMega mansion once worth $500 million defaults on $100 million in debt, forcing a sale
By Anna Bahney, CNN Business A gargantuan residence in Los Angeles dubbed “The One” by its developer is now on track to be sold after the…
Continue ReadingHigh stakes union election is a big boost to labor organizing in digital media
By Kerry Flynn, CNN Business A contentious union election that determines the fate of future newsroom organizing came to an end Tuesday night. The…
Continue ReadingUS mask makers say they are being clobbered by cheaper competition from China
By Clare Sebastian and Pamela Boykoff for CNN Business When the pandemic first hit last year, Brian Wolin was working as a chiropractor, and his…
Continue ReadingClubhouse has hired an NPR vet as head of news
CNN By Kerry Flynn, CNN Business Live audio app Clubhouse boomed during the early months of the pandemic as people craved social connections and…
Continue ReadingClubhouse has hired an NPR vet as head of news
By Kerry Flynn, CNN Business Live audio app Clubhouse boomed during the early months of the pandemic as people craved social connections and…
Continue ReadingWelcome to the Delta economy: You can’t always get what you want when you want it
By Nathaniel Meyersohn, CNN Business Shoppers these days may need to take a cue from a Rolling Stones hit when it comes to setting their…
Continue ReadingThe steep plunge in used car prices — what it means, and what’s ahead
CNN, CNNBUSINESS By Chris Isidore, CNN Business Tracking used car prices is enough to give anyone whiplash. Since the start of the pandemic and the…
Continue ReadingChevron’s low-carbon push still puts it behind the curve
By Julia Horowitz, CNN Business Chevron, the $186 billion US oil giant, is taking steps to diversify its business away from fossil fuels as concerns…
Continue ReadingCasino stocks crash as Macao considers crackdown on gambling
By Diksha Madhok, CNN Business One of the world’s top gambling hubs may be staring at a dramatic overhaul — and investors are worried. On…
Continue ReadingCar prices are about to soar again. Blame Hurricane Ida
By Chris Isidore, CNN Business Just when car prices looked like they were edging down from their record highs, they’re heading skyward again.…
Continue ReadingUK inflation spikes at record rate in August
By Hanna Ziady, CNN Business UK inflation rose at the fastest rate in at least 24 years in August as the price of transportation, restaurant meals…
Continue ReadingThe Delta variant has hit China’s economy hard. Now a property crunch is looming
By Laura He, CNN Business China’s dramatic steps to contain the coronavirus this summer have taken a toll on consumer confidence in the country…
Continue ReadingWhite House praises Fox for its new Covid policy, encourages network to ‘convey to their audience’ why it’s effective
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingWhite House praises Fox for its new Covid policy, encourages network to ‘convey to their audience’ why it’s effective
CNN By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading