Exclusive: Molson Coors is launching its first-ever zero-proof cocktail
By Jordan Valinsky, CNN Business Molson Coors is typically known for its lineup of beers and booze, but its newest drink isn’t either. Enter…
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Coinbase to lay off 20% of staff as crypto winter continues
By Paul R. La Monica, CNN Business The crypto winter is apparently not over yet. Coinbase announced Tuesday that it was laying off 950 people, about…
Continue ReadingBed Bath & Beyond is running out of time
By Nathaniel Meyersohn, CNN Business Bed Bath & Beyond lost a third of its sales during the holiday run-up and is running out of options to…
Continue ReadingBruised tech investors are hedging their bets
By Nicole Goodkind, CNN There are two certainties in today’s market: The tech sector has been beaten down and interest rates are higher. And…
Continue ReadingEncouraging inflation news: Online prices keep dropping
By Matt Egan In a positive sign for inflation-weary consumers, online prices dropped in December as retailers resorted to deep discounts to lure…
Continue ReadingM&M’s new packaging is causing a stir
By Jordan Valinsky, CNN M&M’S is making a statement with its latest candy pack, which features an all-female set of characters —…
Continue ReadingAbercrombie & Fitch is cool again
By Nathaniel Meyersohn, CNN Business Abercrombie & Fitch has shed its perfume-filled mall stores, shirtless models and logo sweatshirts to win…
Continue ReadingAsian stocks enter bull market as investors bet on China
By Anna Cooban, CNN Stocks in Asia are starting 2023 in a bull market. Investors have been cheered by China’s pivot away from its zero-Covid…
Continue ReadingPizza Hut is bringing back a fan favorite from the ’90s
By Jordan Valinsky, CNN Pizza Hut is bringing back a fan favorite after a nearly 25-year hiatus. Beginning February 1, the “Big New…
Continue ReadingFed Chair Powell: Bringing down inflation requires ‘measures that are not popular’
By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing the importance of…
Continue ReadingOnions are so expensive in the Philippines they’re being smuggled into the country
By Kathleen Magramo, CNN From salads to stews, the humble onion is a key ingredient in nearly every Filipino dish. But now, the vegetable costs…
Continue ReadingFisher-Price recalls Rock ‘n Play Sleepers again after 8 more deaths
By Rob McLean, CNN Fisher-Price for a second time recalled its Rock ‘n Play Sleepers on Monday after at least eight infant deaths occurred…
Continue ReadingA US federal agency is considering a ban on gas stoves
By Ramishah Maruf, CNN A federal agency is considering a ban on gas stoves, a source of indoor pollution linked to childhood asthma. Richard Trumka…
Continue ReadingUS consumers increased their borrowing by $28 billion in November
By Alicia Wallace, CNN US consumers’ credit-hungry approach to spending continued in November, with borrowing rising by nearly $28 billion,…
Continue ReadingKey takeaways from the New York nurses strike
By Chris Isidore, CNN The 7,000 nurses who went on strike in New York Monday say the 19% pay hike that hospital management offered them was never the…
Continue ReadingWhy is Wall Street cheery all of a sudden?
By Paul R. La Monica, CNN It’s only early January, but so far in 2023 the pendulum on Wall Street has swung (to paraphrase Billy Joel) from…
Continue ReadingFederal regulators investigating Musk Tesla ‘Full Self Driving’ tweet
By Pete Muntean Federal regulators want to know what Elon Musk meant in a Tweet about disabling driver alerts on Tesla’s “Full Self…
Continue ReadingMcDonald’s ex-CEO will pay $400,000 for allegedly misleading investors about his firing
By Parija Kavilanz, CNN Disgraced former McDonald’s CEO Steve Easterbrook will pay $400,000 to settle charges that he allegedly misled…
Continue ReadingVirgin Orbit’s LauncherOne rocket suffers failure on first launch attempt from the UK
By Anna Cooban, Jackie Wattles, Tom Foreman, and Ross Levitt CNN Virgin Orbit’s modified Boeing 747 jet — dubbed “Cosmic Girl”…
Continue ReadingNew York nurses strike ends after tentative deal reached with hospitals
CNN, WABC, SPECTRUM NEWS NY1 By Chris Boyette and Artemis Moshtaghian, CNN A nurses strike at two private New York City hospital systems has come to…
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