New from the Mercedes’ 2024 E-class: Angry Birds
By Peter Valdes-Dapena, CNN Business For those who have ever felt the urge to whip off a TikTok video from inside their car, Mercedes-Benz owners…
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Norfolk Southern is paying $6.5 million to derailment victims. Meanwhile, it’s shelling out $7.5 billion for shareholders
CNN By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help those affected by the…
Continue ReadingNorfolk Southern is paying $6.5 million to derailment victims. Meanwhile, it’s shelling out $7.5 billion for shareholders
By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help those affected by the…
Continue ReadingWhy UK supermarkets are rationing fruit and vegetables
By Anna Cooban, CNN Major UK supermarkets have started rationing the sale of some staple fruits and salad vegetables, blaming poor weather in Spain…
Continue ReadingBig Retail’s cautious forecasts are spooking Wall Street
By Nicole Goodkind, CNN Forecasts from Walmart and Home Depot made for a grim day of trading on Tuesday. The mega retailers’ predictions of a…
Continue ReadingKiller guru’s temporary release from prison sparks anger in India. And it’s not the first time
By Manveena Suri and Rhea Mogul, CNN A convicted killer and rapist revered by millions as a religious guru has temporarily walked free from jail in…
Continue ReadingHong Kong’s financial secretary expects city’s economy to grow between 3.5% and 5.5%
By Laura He, CNN Hong Kong’s Covid-hit economy will return to growth this year and expand by between 3.5% and 5.5%, as the city opens up and…
Continue ReadingDepartment of Transportation watchdog to investigate flight cancellations and delays
By Ross Levitt, CNN The Department of Transportation’s internal watchdog said Tuesday it is launching a probe into the spike in flight…
Continue ReadingStarbucks’ new drinks have a spoonful of olive oil in every cup
CNN, CNN BUSINESS By Danielle Wiener-Bronner, CNN Business Starbucks wants you to give olive oil coffee a shot. Really. The coffee chain is rolling…
Continue ReadingNorfolk Southern CEO defends railroad’s response to Ohio derailment
By Artemis Moshtaghian, Linh Tran, Yon Pomrenze and Chris Isidore, CNN Norfolk Southern CEO Alan Shaw defended his company’s actions since the…
Continue ReadingBankman-Fried lawyers say they will pay for technical expert to aid judge on bail terms
by Kara Scannell, CNN Lawyers for Sam Bankman-Fried agreed to pay for a security expert to help the federal judge overseeing his fraud case navigate…
Continue ReadingStarbucks’ new drinks have a spoonful of olive oil in every cup
By Danielle Wiener-Bronner, CNN Business Starbucks wants you to give olive oil coffee a shot. Really. The coffee chain is rolling out a new line of…
Continue ReadingHome sales sank in January for the 12th straight month
By Anna Bahney, CNN US home sales declined in January for the 12th consecutive month as mortgage rates remained elevated and stubbornly high prices…
Continue ReadingMormon Church to pay fine to settle charges it hid an approximately $32 billion investment fund
By Nathaniel Meyersohn, CNN The Church of Jesus Christ of Latter-day Saints and its investment manager will pay a $5 million fine to settle…
Continue ReadingDow drops by nearly 700 points as retail earnings disappoint
By Nicole Goodkind, CNN US stocks plunged on Tuesday after fourth-quarter earnings and forecasts from mega-retailers like Walmart and Home Depot…
Continue ReadingStarbucks CEO says things have gone sour for young people
By Danielle Wiener-Bronner Fifteen years ago, Howard Schultz reprised his role as Starbucks CEO, returning to the helm to help put the struggling…
Continue ReadingStarbucks displayed ‘egregious and widespread misconduct’ in union fight, judge says
CNN, CNN BUSINESS By Danielle Wiener-Bronner, CNN Starbucks has displayed “egregious and widespread misconduct” in its dealings with…
Continue ReadingWalmart warns it’s in for a tough year
By Nathaniel Meyersohn, CNN Walmart had a strong holiday shopping season, but the year ahead will be more challenging for America’s largest…
Continue ReadingCredit Suisse shares plunge again on report of regulatory probe
By Olesya Dmitracova, CNN Shares of embattled Swiss bank Credit Suisse fell to a record low Tuesday after a report that regulators are reviewing…
Continue ReadingHow oil and gas companies think about their shareholders
By Nicole Goodkind, CNN Oil and gas companies have seen skyrocketing growth as the energy crisis triggered by Russia’s war in Ukraine has…
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