Hasbro CEO optimistic about holidays even though stock is under pressure
By Paul R. La Monica, CNN Business The holidays are rapidly approaching, and for the toy company Hasbro, a slowing economy could be a proverbial…
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The surprising reason why Ocean Spray cranberry sauce labels are upside-down
By Jordan Valinsky, CNN Business Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not even talking…
Continue ReadingOnline Black Friday sales set a new record
CNN, CNN BUSINESS By Jordan Valinsky, CNN Business Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year,…
Continue ReadingSurprise: Dollar Tree’s $1.25 price strategy is actually working
By Nathaniel Meyersohn, CNN Business When Dollar Tree said it would raise prices to $1.25 after 35 years sticking to $1, some fans protested and…
Continue ReadingAlex Jones must pay full $49 million damages award, Texas judge rules
By Hanna Ziady and Sonia Moghe, CNN Alex Jones has lost a bid to water down the nearly $50 million damages award handed down by a jury earlier this…
Continue ReadingA house price slump is coming. Rising unemployment could make it much worse
By Hanna Ziady, CNN Business Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in…
Continue ReadingBerkshire Hathaway: Warren Buffett further unwinds BYD investment in China
By Laura He, CNN Business Warren Buffett’s Berkshire Hathaway is continuing to unwind its long position in BYD, China’s largest…
Continue ReadingAustralia will see more extreme weather events, putting strain on economy, report shows
By Michelle Toh, CNN Business Australia will continue to see a spike in extreme rainfall and heat, as well as more dangerous fire events, its…
Continue Reading‘Christmas is not canceled’ despite growing risk of rail strike
By Matt Egan Leading retailers are sounding the alarm about the danger of a national rail strike while simultaneously stressing that a potential work…
Continue ReadingStarbucks closes location that was the first to unionize in Seattle
By Danielle Wiener-Bronner, CNN Business Starbucks is closing the store in Seattle where employees were the first to vote to form a union in the…
Continue ReadingJeff Bezos announces 40 grants totaling $123 million to combat homelessness
By Chloe Melas, CNN Jeff Bezos is continuing to make good on his pledge to give away the majority his wealth, to the tune of $123 million today. The…
Continue ReadingInflation remains painfully high. How will it impact your holiday shopping plans this year?
By Alicia Wallace, CNN Business Inflation has weighed on Americans for much of this year. The Federal Reserve has taken action to bring down high…
Continue ReadingQatar is a minefield for World Cup advertisers. One team has already lost a sponsor
By Julia Horowitz, CNN Business Billions of people watch FIFA’s World Cup every four years, a tantalizing opportunity for advertisers who want…
Continue ReadingEveryone from the vet to the barber is hiking prices. And there’s no relief in sight
By Alicia Wallace, CNN Business When Teri Byrd opened her 4 Paws Veterinary Clinic in Vashon, Washington, four years ago, her sights were set on…
Continue ReadingFTX lawyer says ‘substantial amount’ of assets are either stolen or missing
By Allison Morrow, CNN Business The full extent of FTX’s financial disarray is becoming clearer as the failed crypto exchange’s new…
Continue ReadingWith a strike looming, railroad unions and management head back to negotiating table
By Chris Isidore and Vanessa Yurkevich, CNN With a crippling freight rail strike looming in two weeks, leaders of four railroad unions and management…
Continue ReadingHere’s how much Disney is going to pay Bob Iger
By Frank Pallotta, CNN Business Bob Iger, who shocked the media world when he returned as CEO of Disney on Sunday, will once again be among the…
Continue ReadingWe now know what Budweiser will do with the beer it can’t sell at the World Cup
By Jordan Valinsky, CNN Business Qatar’s last-minute decision to ban alcohol at World Cup stadiums has left Budweiser with loads of beer left…
Continue ReadingWe now know what Budweiser will do with the beer it can’t sell at the World Cup
CNN By Jordan Valinsky, CNN Business Qatar’s last-minute decision to ban alcohol at World Cup stadiums has left Budweiser with loads of beer…
Continue ReadingIs the dollar’s relentless rise coming to an end?
By Julia Horowitz, CNN Business The story of financial markets and the global economy this year has been written in part by the dramatic rise of the…
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