HSBC exec apologizes after calling the UK ‘weak’ for following US lead over China
By Michelle Toh, CNN Hong Kong (CNN) — A top executive at HSBC has apologized after reportedly calling the UK government “weak” for caving…
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Mattel announces limited-edition ‘Weird Barbie’ doll for sale
CNN By Eva Rothenberg, CNN (CNN) — Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ. The toy company behind the…
Continue ReadingMattel announces limited-edition ‘Weird Barbie’ doll for sale
By Eva Rothenberg, CNN (CNN) — Some might say Weird Barbies are made, not sold. Mattel, however, begs to differ. The toy company behind the…
Continue ReadingBeyond Meat earnings drop 30% with falling demand
By Ramishah Maruf, CNN New York (CNN) — Troubled plant-based meat company Beyond Meat (BYND) posted a 30% revenue decline in the second quarter…
Continue ReadingThousands of flights are delayed after severe storms disrupt air travel
CNN By Jordan Valinsky, CNN New York (CNN) — Thousands of flights have been delayed or canceled Tuesday following a round of severe storms that…
Continue ReadingCampbell Soup Company buys Sovos Brands, maker of Rao’s for $2.7 billion
By Eva Rothenberg, CNN New York (CNN) — Iconic canned soup company Campbell is expanding its reach in the Italian food market. Campbell (CPB)…
Continue ReadingIt’s not just actors: Over 11,000 city workers will strike in LA on Tuesday
By Samantha Delouya, CNN (CNN) — Over 11,000 Los Angeles city workers are planning to strike on Tuesday, according to the union that represents…
Continue ReadingIt’s not just actors: Over 11,000 city workers will strike in LA on Tuesday
CNN By Samantha Delouya, CNN (CNN) — Over 11,000 Los Angeles city workers are planning to strike on Tuesday, according to the union that…
Continue ReadingAfter trying for three years, Paramount finally unloads Simon & Schuster for $1.6 billion
By Ramishah Maruf, CNN New York (CNN) — Paramount has agreed to sell Simon & Schuster to private equity firm KKR for $1.6 billion in cash,…
Continue ReadingThousands of flights delayed as bad weather threatens Eastern US
By Gregory Wallace and Eva Rothenberg (CNN) — More than 9,000 flights have been impacted by the severe summer storms that are pounding the…
Continue ReadingPayPal bets on crypto’s future with US-dollar-backed stablecoin
By Allison Morrow, CNN New York (CNN) — PayPal is rolling out its first stablecoin as it attempts to capitalize on the “emerging potential”…
Continue ReadingTyson is closing four plants as chicken sales slump
By Danielle Wiener-Bronner, CNN New York (CNN) — Chicken prices are down. That’s good news for chicken eaters, but bad news for Tyson Foods.…
Continue ReadingGoogle moves forward with plan to delete inactive accounts
By Jennifer Korn New York (CNN) — Google is moving ahead with its plan to delete accounts that have been inactive for at least two years.…
Continue ReadingUS economy still needs ‘multiple’ rate hikes, says top Fed official
By Matt Egan, CNN New York (CNN) — A senior official at the Federal Reserve is pushing back against growing hopes on Wall Street that the…
Continue ReadingTesla’s CFO and ‘Master of Coin’ is leaving the company
By Peter Valdes-Dapena, CNN Business New York (CNN) — Tesla’s “Master of Coin” and Chief Financial Officer Zachary Kirkhorn has stepped…
Continue ReadingIt’s iced coffee season all year now
By Nathaniel Meyersohn, CNN New York (CNN) — Cold drinks are hotter than ever. At Starbucks, cold drinks made up 75% of US beverage sales last…
Continue ReadingEven Zoom is making its staff return to the office
By Jordan Valinsky, CNN New York (CNN) — Zoom, the company that powered the remote work revolution during the pandemic, is telling its…
Continue ReadingGermany risks falling back into recession as car industry sputters
By Olesya Dmitracova, CNN London (CNN) — Industrial production in Europe’s biggest economy fell 1.5% in June compared with May, driven by a…
Continue Reading30,000 workers bid goodbye to 99-year-old Yellow as it files for bankruptcy
By Chris Isidore and Michelle Toh, CNN New York/Hong Kong (CNN) — Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy…
Continue Reading‘Oppenheimer’ surpasses $500 million, sets box office record for highest grossing film set during World War II
By Eva Rothenberg, CNN New York (CNN) — On the same day “Barbie” passed its billion-dollar box office milestone, the other half of the…
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