Labor shortage just cost FedEx $470 million. But it thinks things will get better soon
By Chris Isidore, CNN Business The nation’s labor shortage just cost FedEx $470 million in its most recent quarter. But its executives believe…
Continue ReadingBy Chris Isidore, CNN Business The nation’s labor shortage just cost FedEx $470 million in its most recent quarter. But its executives believe…
Continue ReadingBy Matt Egan, CNN Business Consumer prices are already rising at the fastest pace in nearly 40 years. Inflation may get worse before it gets better…
Continue ReadingBy Charles Riley, CNN Business Unnerved by surging prices, the Bank of England on Thursday became the first major central bank to hike interest rates…
Continue ReadingBy Chris Isidore, CNN Business Kellogg says it has reached a second tentative agreement with the union representing 1,400 workers who have been on…
Continue ReadingCNN, CNNBUSINESS By Julia Horowitz, CNN Business As the Omicron variant sweeps through the United Kingdom, pushing daily coronavirus infections to…
Continue ReadingBy Diksha Madhok, CNN Business A Chinese property developer that was once one of the country’s largest says it has lost contact with a wealth…
Continue ReadingBy Julia Horowitz, CNN Business As the Omicron variant sweeps through the United Kingdom, pushing daily coronavirus infections to their highest level…
Continue ReadingBy Reuters Rising consumption in China, India and the United States could bring global coal-fired power demand to a new all-time high this year,…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingStory by Reuters The US Senate passed legislation on Thursday to ban imports from China’s Xinjiang region over concerns about forced labor,…
Continue ReadingCNN By Katelyn Polantz, CNN Reporter, Crime and Justice A judge in Delaware has found that Fox News’ coverage of election fraud after the 2020…
Continue ReadingBy Katelyn Polantz, CNN Reporter, Crime and Justice A judge in Delaware has found that Fox News’ coverage of election fraud after the 2020…
Continue ReadingCNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue ReadingBy Parija Kavilanz, CNN Business When Gen Z + TikTok declare a fashion trend as “cheugy,” it means it’s over. The rest of us are…
Continue ReadingBy Matt McFarland, CNN Business Rivian, the electric vehicle maker, plans to begin construction on a second manufacturing plant in 2022 even as it is…
Continue ReadingBy Matt Egan, CNN Business New car prices are skyrocketing at the fastest pace on record. And Senator Elizabeth Warren says a lack of competition in…
Continue ReadingBy Paul R. La Monica, CNN Business Regulators in Washington may crack down on the industry behind “buy now, pay later,” the increasingly…
Continue ReadingBy Peter Valdes-Dapena, CNN Business In early May of 2020, Jim Farley bought $1 million worth of Ford stock, 195,000 shares at a little over $5 a…
Continue ReadingBy Jeanne Sahadi, CNN Business A common New Year’s resolution is to be better with money. But you will miss some opportunities if you wait…
Continue ReadingOpinion by Vincent Clerc for CNN Business Perspectives Almost everything you buy has traveled along some of the millions of miles of networks that…
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