While streamers cut costs, Amazon makes a massive bet with ‘Lord of the Rings’
By Frank Pallotta, CNN Business After much anticipation, “The Lord of the Rings: The Rings of Power” finally debuts on Amazon Prime Video…
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Strikes sweep Britain as soaring inflation savages living standards
By Anna Cooban, CNN Business Workers in the United Kingdom have had enough of falling living standards. Rail workers, journalists, lawyers, and…
Continue ReadingSam’s Club is raising its membership by $5
By Nathaniel Meyersohn, CNN Business Add a Sam’s Club membership to the list of subscriptions that are getting more expensive. The warehouse…
Continue ReadingMcDonald’s is fighting California’s fast food bill
By Danielle Wiener-Bronner, CNN Business California lawmakers want more control over how fast food chains treat workers. Restaurants, including…
Continue ReadingMcDonald’s is fighting California’s fast food bill
CNN, CNN BUSINESS By Danielle Wiener-Bronner, CNN Business California lawmakers want more control over how fast food chains treat workers.…
Continue ReadingFox News hosts deposed in voting tech company’s $1.6 billion lawsuit against network
By Oliver Darcy, CNN Business Some of the biggest stars at Fox News have been deposed in recent days as a voting technology company presses forward…
Continue ReadingToyota investing $5.6 billion to build EV batteries, despite its own doubts
By Chris Isidore, CNN Business Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and…
Continue ReadingNo sagging spirits for Jack Daniel’s maker
By Paul R. La Monica, CNN Business The bourbon boom is showing no signs of ending anytime soon: Wall Street is still wild about whiskey. Jack…
Continue ReadingBig discounts are coming this holiday season
By Nathaniel Meyersohn, CNN Business Few of us want summer to end, but there’s some good news coming this winter holiday: you’ll find…
Continue ReadingPrivate sector job growth slows to just 132,000 positions added in August, new ADP report shows
Martha C. White for CNN Business The private sector added 132,000 jobs in August, an indication that the white-hot pace of hiring could be slowing…
Continue ReadingBed Bath & Beyond is making a last-ditch effort to save itself
By Jordan Valinsky and Nathaniel Meyersohn, CNN Bed Bath & Beyond is in deep turmoil. The company is trying to rescue itself and stay out of…
Continue ReadingDon’t expect home prices to come crashing down anytime soon
By Nicole Goodkind, CNN Business Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably…
Continue ReadingRussia cuts more gas supplies to Europe as inflation hits another record
By Anna Cooban, CNN Business Russia has temporarily halted natural gas deliveries to Europe through a vital pipeline and cut off all supplies to a…
Continue ReadingChina stocks hit four-week low as Covid cases spread and factory output shrinks
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading‘Starve or freeze to death’: Millions of elderly Brits fear a grim choice this winter as costs spiral
By Kara Fox, CNN When she first started to shed some weight, Yvonne DeBurgo quipped that she could afford to lose it. But over the past three months,…
Continue ReadingGoldman Sachs lifts Covid vaccine and testing mandate for many employees
By Matt Egan, CNN Goldman Sachs will no longer require its non-New York City based employees to get vaccinated for Covid-19, according to a memo…
Continue ReadingRussia’s Gazprom to completely halt gas supplies to France’s Engie
By Josh Pennington, CNN Russian energy giant Gazprom said on Tuesday that it will completely suspend gas supplies to French industrial energy group…
Continue ReadingSo much for turnaround Tuesday? Stocks tumble again
By Paul R. La Monica, CNN Business Tuesday’s market rally was brief. Stocks opened higher but quickly gave up their gains. A more than 5% drop…
Continue ReadingLower gas prices push consumer confidence to highest level since May
By Martha C. White for CNN Business Lower gas prices helped consumer confidence bounce back in August, breaking a three-month stretch of worsening…
Continue ReadingStocks start off September with a late day rally
CNN By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is…
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