The US stock market just had its best year — so far — since 1997
By Krystal Hur, CNN New York (CNN) — The stock market just had its best performance through July in 26 years. The benchmark S&P 500 index…
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Beef over beef: Taco Bell is accused of false advertising and allegedly skimping on fillings
By Ellie Stevens New York (CNN) — The photos online of Taco Bell’s Mexican Pizza last September reeled in New York resident Frank Siragusa.…
Continue ReadingSafety regulators investigating steering on some Tesla models
By Peter Valdes-Dapena, CNN Business (CNN) — The National Highway Traffic Safety Administration is investigating new Tesla Model 3 sedans and…
Continue ReadingThe number of available jobs in the US just fell to its lowest level in more than two years
By Alicia Wallace, CNN Minneapolis (CNN) — Bit by bit, the US labor market is settling down from the rolling boil of the past three years: The…
Continue ReadingCVS is laying off 5,000 workers
By Jordan Valinsky, CNN New York (CNN) — CVS is laying off about 5,000 employees in a cost-cutting effort, the pharmacy chain confirmed…
Continue ReadingCoors Light brewer benefits from Bud Light’s turmoil
By Jordan Valinsky, CNN New York (CNN) — Bud Light’s decline is benefiting one of its biggest rivals. Molson Coors, brewer of Miller Lite and…
Continue ReadingUber’s post-pandemic growth is slowing
By Catherine Thorbecke, CNN New York (CNN) — Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth…
Continue ReadingWhat you need to know about the incandescent light bulb ban
By David Goldman, CNN New York (CNN) — America’s ban on incandescent light bulbs, 16 years in the making, is finally a reality. Well, mostly.…
Continue ReadingTwitter sues hate-speech watchdog, following through on its litigation threat
By Brian Fung, CNN Washington, DC (CNN) — Twitter has sued the Center for Countering Digital Hate, a nonprofit group that has criticized the…
Continue ReadingBed Bath & Beyond is back from the dead
By Parija Kavilanz, CNN New York (CNN) — A month after Overstock.com announced it bought Bed Bath & Beyond’s brand out of bankruptcy,…
Continue ReadingThe owner of Regal cinemas emerges from bankruptcy
By Anna Cooban, CNN London (CNN) — The owner of Regal cinemas announced Tuesday that it had emerged from Chapter 11 bankruptcy after slashing…
Continue ReadingPlunging sales of new homes show China’s real estate crisis isn’t over
By Laura He, CNN Hong Kong (CNN) — Plunging sales of new homes and the reported cancellation of a share placement by China’s biggest property…
Continue ReadingHSBC raises outlook as profits nearly double
By Michelle Toh, CNN Hong Kong (CNN) — HSBC’s profits have soared as it continues to cut costs and cash in on high interest rates around the…
Continue ReadingHong Kong removes requirement to flag China risk in listing applications
By Reuters Hong Kong’s stock exchange will no longer require companies to spell out China-related business risks in listing applications from…
Continue Reading‘X’ removed after being installed atop company headquarters following Twitter’s rebrand
By Elizabeth Joseph, CNN (CNN) — Officials from the San Francisco Department of Building Inspection on Monday morning observed that the new…
Continue ReadingFord recalls 870,000 F-150 trucks for unexpected parking brake application
By Peter Valdes-Dapena, CNN Business New York (CNN) — Ford has recalled more than 870,000 of its full-sized F-150 trucks because the electronic…
Continue ReadingAMC just had its best week in history, thanks to Barbie and Oppenheimer
By Eva Rothenberg, CNN (CNN) — AMC Theaters (AMC) hit a revenue record last week, driven by the overwhelming success of the “Barbenheimer”…
Continue ReadingCoinbase CEO says complying with SEC request would have been the ‘end of the crypto industry in the US’
By Allison Morrow, CNN New York (CNN) — The Securities and Exchange Commission asked Coinbase to halt trading on all cryptocurrencies except…
Continue ReadingJuul seeks authorization on a new vape it says can verify a user’s age. Here’s how it works
By Nadia Bidarian, CNN (CNN) — E-cigarette company Juul Labs is seeking US authorization to sell a “next-generation” vape with age…
Continue ReadingAmerica’s oldest craft brewer has shut down after 127 years. Here’s how it could be saved
By Jordan Valinsky, CNN Business New York (CNN) — Anchor Brewing, which has been America’s oldest craft brewer with 127 years in business,…
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