Business Archives

Cocoa prices are soaring. Will it affect your Valentine’s Day chocolate?

February 12, 2024 9:26 AM CNN Newsource

Originally Published: 12 FEB 24 11:21 ET Updated: 12 FEB 24 11:53 ET By John Towfighi, CNN (CNN) — Cocoa prices are surging so high that even the…

NFL jersey sales: See whose jerseys were the most popular this season

February 9, 2024 9:50 AM CNN Newsource

Originally Published: 09 FEB 24 07:54 ET By Alex Leeds Matthews, CNN (CNN) — Three of the stars playing in this weekend’s…

Taco Bell and KFC are feeling the pressure from price-conscious consumers

February 7, 2024 10:36 AM CNN Newsource

Originally Published: 07 FEB 24 08:19 ET Updated: 07 FEB 24 12:53 ET By Jordan Valinsky, CNN New York (CNN) — Taco Bell, KFC and Pizza Hut’s…

$3 for a single McDonald’s hash brown? Customers are fed up and pushing back

February 7, 2024 9:28 AM CNN Newsource

Originally Published: 06 FEB 24 14:02 ET Updated: 07 FEB 24 10:03 ET By Allison Morrow, CNN New York (CNN) — Corporate America may be bumping up…

Pizza Hut’s ‘Goodbye Pies’ campaign wants to aid your breakup woes

February 7, 2024 8:42 AM CNN Newsource

Originally Published: 06 FEB 24 18:37 ET Updated: 06 FEB 24 23:59 ET By John Towfighi, CNN (CNN) — Relationship on the brink? Pizza Hut wants you…

Another accident like Boeing’s door plug blowout could happen again, NTSB chair says

February 7, 2024 8:31 AM CNN Newsource

Originally Published: 07 FEB 24 09:12 ET By Chris Isidore, CNN New York (CNN) — Jennifer Homendy, chair of the National Transportation Safety…

New problem found on Boeing 737 Max planes

February 5, 2024 10:13 AM CNN Newsource

Originally Published: 04 FEB 24 23:13 ET Updated: 05 FEB 24 13:07 ET By Chris Isidore, Gregory Wallace and Pete Muntean, CNN New York (CNN) — A new…

Snap to lay off 10% of staff, cutting approximately 500 jobs

February 5, 2024 7:59 AM CNN Newsource

Originally Published: 05 FEB 24 09:56 ET Updated: 05 FEB 24 10:32 ET By Catherine Thorbecke, CNN (CNN) — Snap Inc, the parent company of Snapchat,…

UPS is cutting 12,000 jobs

January 30, 2024 8:36 AM CNN Newsource

Originally Published: 30 JAN 24 09:17 ET Updated: 30 JAN 24 10:16 ET By Chris Isidore, CNN New York (CNN) — UPS announced Tuesday that it will cut…

The 737 Max grounding will cost Alaska Airlines $150 million

January 25, 2024 8:15 AM CNN Newsource

Originally Published: 25 JAN 24 08:07 ET Updated: 25 JAN 24 08:29 ET By Chris Isidore, CNN New York (CNN) — The grounding of the 737 Max 9 after a…

In-N-Out has never closed a location, until now. It cites crime as the problem

January 24, 2024 9:36 AM CNN Newsource

Originally Published: 23 JAN 24 12:57 ET Updated: 24 JAN 24 06:49 ET By Jordan Valinsky, CNN New York (CNN) — In-N-Out is permanently closing one…

Nose wheel comes off Delta Boeing 757 shortly before takeoff

January 24, 2024 8:25 AM CNN Newsource

Originally Published: 24 JAN 24 06:11 ET Updated: 24 JAN 24 07:49 ET By Jamiel Lynch and Gregory Wallace, CNN (CNN) — A Boeing 757 plane lost its…

Dwayne ‘The Rock’ Johnson scores mega payday to join the WWE’s board

January 23, 2024 9:11 AM CNN Newsource

Originally Published: 23 JAN 24 08:01 ET By Jordan Valinsky, CNN New York (CNN) — Dwayne “The Rock” Johnson is trading in his muscle shirts for…

‘The straw that broke the camel’s back’: United CEO’s frustration with Boeing’s problems

January 23, 2024 8:10 AM CNN Newsource

Originally Published: 23 JAN 24 07:11 ET Updated: 23 JAN 24 10:49 ET By Chris Isidore, CNN New York (CNN) — United Airlines, one of the biggest…

New artificial snowmaking technology could offer a lifeline to struggling ski resorts

January 22, 2024 10:15 AM CNN Newsource

Originally Published: 20 JAN 24 02:00 ET Updated: 22 JAN 24 05:56 ET By Laura Paddison, CNN (CNN) — Nestled in the Pyrenees mountains, La Molina is…

Boeing faces new safety alert over earlier generation of 737s

January 22, 2024 8:00 AM CNN Newsource

Originally Published: 22 JAN 24 03:50 ET Updated: 22 JAN 24 08:10 ET By Gregory Wallace and Hanna Ziady, CNN (CNN) — The US Federal Aviation…

Google CEO’s internal memo warns of further layoffs ahead

January 18, 2024 10:32 AM CNN Newsource

Originally Published: 18 JAN 24 12:03 ET Updated: 18 JAN 24 12:39 ET By Brian Fung, CNN (CNN) — Google CEO Sundar Pichai warned employees to expect…

Payments to veterans begin in $6 billion 3M earplug settlement

January 18, 2024 8:05 AM CNN Newsource

Originally Published: 18 JAN 24 08:15 ET By Jordan Valinsky, CNN New York (CNN) — 3M has started sending payments as part of its previously…

Costco is testing out a new system for entering stores

January 16, 2024 10:46 AM CNN Newsource

Originally Published: 16 JAN 24 11:58 ET Updated: 16 JAN 24 12:52 ET By Nathaniel Meyersohn, CNN New York (CNN) — Bad news if you’re mooching off…

US airlines cancel more than 1,700 flights Tuesday

January 16, 2024 8:46 AM CNN Newsource

Originally Published: 16 JAN 24 09:04 ET Updated: 16 JAN 24 11:19 ET By Gregory Wallace, CNN (CNN) — Winter weather is continuing to disrupt air…

Boeing is letting airlines into its factories as preliminary inspections begin on the 737 Max 9

January 15, 2024 8:14 AM CNN Newsource

Originally Published: 15 JAN 24 09:33 ET By Pete Muntean and Ross Levitt, CNN (CNN) — Boeing says it will give airlines more…

Citigroup to cut 20,000 employees

January 12, 2024 10:21 AM CNN Newsource

Originally Published: 12 JAN 24 11:02 ET Updated: 12 JAN 24 13:07 ET By Nicole Goodkind, CNN New York (CNN) — Citigroup will lay off 20,000…

Here’s why so many Alaska and United flights are still canceled

January 12, 2024 7:40 AM CNN Newsource

Originally Published: 12 JAN 24 06:35 ET Updated: 12 JAN 24 09:11 ET By Ramishah Maruf, CNN New York (CNN) — Passengers on Alaska Airlines and…

Game streaming firm Twitch cutting 500 jobs

January 10, 2024 10:28 AM CNN Newsource

Originally Published: 10 JAN 24 12:31 ET By Clare Duffy, CNN New York (CNN) — Video game streaming company Twitch said Wednesday it is laying off…

Boeing executives to convene all-hands safety meeting at its 737 Max factory after yet another crisis

January 9, 2024 8:02 AM CNN Newsource

Originally Published: 09 JAN 24 06:35 ET Updated: 09 JAN 24 09:35 ET By Catherine Thorbecke, CNN New York (CNN) — Executives at Boeing are hosting…

Boeing stock plunges as Alaska Airlines incident adds to woes

January 8, 2024 7:57 AM CNN Newsource

Originally Published: 08 JAN 24 06:34 ET Updated: 08 JAN 24 09:56 ET By Anna Cooban, CNN London (CNN) — Shares of Boeing and one of its key…

The New York Times sues OpenAI and Microsoft for copyright infringement

December 27, 2023 9:56 AM CNN Newsource

Originally Published: 27 DEC 23 08:46 ET Updated: 27 DEC 23 11:37 ET By Clare Duffy and David Goldman, CNN New York (CNN) — The New York Times has…

How 4.5 million people managed to buy a home this year amid the toughest market in a generation

December 27, 2023 9:00 AM CNN Newsource

Originally Published: 27 DEC 23 08:00 ET Updated: 27 DEC 23 11:39 ET By Anna Bahney, CNN Washington, DC (CNN) — This has been a year of…

Toyota-owned automaker halts Japan production after admitting it tampered with safety tests for 30 years

December 27, 2023 7:57 AM CNN Newsource

Originally Published: 27 DEC 23 03:57 ET By Michelle Toh, Hanako Montgomery and Francesca Annio, CNN Hong Kong/Tokyo (CNN) — Daihatsu, the Japanese…

Honda recalling 2.6 million vehicles for a fuel pump issue

December 21, 2023 8:27 AM CNN Newsource

Originally Published: 21 DEC 23 11:11 ET By Peter Valdes-Dapena, CNN New York (CNN) — Honda is recalling 2.6 million cars, SUVs, vans and pickups…

SiriusXM sued for allegedly trapping customers in unwanted subscriptions

December 20, 2023 9:52 AM CNN Newsource

Originally Published: 20 DEC 23 10:30 ET Updated: 20 DEC 23 12:29 ET By Jordan Valinsky, CNN New York (CNN) — SiriusXM is the target of a lawsuit…

Senators raise alarm about nation’s largest prison health care provider

December 19, 2023 10:14 AM CNN Newsource

Originally Published: 19 DEC 23 12:50 ET By Blake Ellis and Melanie Hicken, CNN (CNN) — The nation’s largest prison health care provider has come…

US Steel, once the world’s largest corporation, agrees to sell itself to a Japanese company

December 18, 2023 8:17 AM CNN Newsource

Originally Published: 18 DEC 23 06:38 ET Updated: 18 DEC 23 11:07 ET By Chris Isidore, CNN New York (CNN) — US Steel has agreed to be bought by…

Southwest hit by record $140 million fine for holiday service meltdown in 2022

December 18, 2023 8:12 AM CNN Newsource

Originally Published: 18 DEC 23 05:01 ET Updated: 18 DEC 23 08:28 ET By Pete Muntean and Chris Isidore, CNN Washington (CNN) — The federal…

Southwest CEO promises not to ruin the holidays with another travel meltdown

December 15, 2023 10:55 AM CNN Newsource

Originally Published: 15 DEC 23 13:07 ET By Jordan Valinsky, CNN New York (CNN) — With millions of people expected to fly in the coming days,…

Lead contamination in applesauce pouches may have been ‘intentional act,’ FDA official tells Politico

December 15, 2023 9:01 AM CNN Newsource

Originally Published: 15 DEC 23 09:58 ET By Meg Tirrell and Jamie Gumbrecht, CNN (CNN) — Lead contamination in cinnamon applesauce pouches that…

CVS will change the way it prices prescription drugs

December 5, 2023 7:54 AM CNN Newsource

Originally Published: 05 DEC 23 07:39 ET Updated: 05 DEC 23 09:32 ET By Tami Luhby, CNN New York (CNN) — CVS is revamping the way it reimburses its…

Americans are set to spend a record $12 billion online shopping today

November 27, 2023 10:43 AM CNN Newsource

Originally Published: 27 NOV 23 12:57 ET Updated: 27 NOV 23 13:25 ET By Matt Egan, CNN New York (CNN) — Enticed by deep discounts, Americans are…

Gas prices could fall further as oil drops 4% on OPEC meeting delay

November 22, 2023 10:47 AM CNN Newsource

Originally Published: 22 NOV 23 11:56 ET By Anna Cooban, CNN London (CNN) — Oil prices tumbled more than 4% Wednesday after a group of the biggest…

Sam Altman returns to OpenAI in a bizarre reversal of fortunes

November 22, 2023 7:50 AM CNN Newsource

Originally Published: 22 NOV 23 01:22 ET Updated: 22 NOV 23 06:31 ET By Clare Duffy and David Goldman, CNN New York (CNN) — Sam Altman has agreed…

Amazon pulling seven brands of eye drops after FDA warning

November 17, 2023 8:22 AM CNN Newsource

Originally Published: 16 NOV 23 19:56 ET Updated: 17 NOV 23 08:20 ET By Giri Viswanathan, CNN (CNN) — The US Food and Drug Administration has…

This iconic jingle is making a comeback, and you won’t be able to get it out of your head

November 14, 2023 8:17 AM CNN Newsource

Originally Published: 14 NOV 23 09:00 ET Updated: 14 NOV 23 10:09 ET By Jordan Valinsky, CNN New York (CNN) — One of the most recognizable jingles…

Cruise recalls all of its self driving cars to fix their programming

November 8, 2023 8:13 AM CNN Newsource

Originally Published: 08 NOV 23 10:53 ET By Peter Valdes-Dapena, CNN (CNN) — Cruise, General Motors’ self-driving vehicle subsidiary, has…

Epic Games goes to court to challenge Google’s app store practices

November 6, 2023 9:16 AM CNN Newsource

Originally Published: 06 NOV 23 06:00 ET Updated: 06 NOV 23 10:36 ET By Brian Fung, CNN (CNN) — Epic Games, the maker of the popular game…

Six Flags and Cedar Fair are merging

November 2, 2023 8:14 AM CNN Newsource

Originally Published: 02 NOV 23 07:25 ET By Jordan Valinsky, CNN New York (CNN) — Amusement parks Six Flags and Cedar Fair are merging in an $8…

Here’s what this year’s Starbucks holiday cups look like

November 1, 2023 8:07 AM CNN Newsource

Originally Published: 01 NOV 23 09:00 ET By Jordan Valinsky, CNN New York (CNN) — For fervent fans of Starbucks, the holidays officially kick off…

Bud Light sales keep sinking

October 31, 2023 9:21 AM CNN Newsource

Originally Published: 31 OCT 23 08:18 ET Updated: 31 OCT 23 11:17 ET By Jordan Valinsky, CNN New York (CNN) — Bud Light continues to drag…

Biden administration announces $1.3B for 3 new massive transmission lines to shuttle clean energy

October 30, 2023 9:40 AM CNN Newsource

Originally Published: 30 OCT 23 11:31 ET By Ella Nilsen, CNN (CNN) — The Biden administration is announcing it will spend $1.3 billion of new…

Southwest Airlines says it expects to be fined for last winter’s meltdown

October 30, 2023 8:16 AM CNN Newsource

Originally Published: 30 OCT 23 09:25 ET By Jordan Valinsky, CNN New York (CNN) — Southwest Airlines is bracing itself for a fine from the US…

GM and the UAW come to tentative agreement

October 30, 2023 7:59 AM CNN Newsource

Originally Published: 30 OCT 23 09:33 ET Updated: 30 OCT 23 10:21 ET By Vanessa Yurkevich and Chris Isidore, CNN New York (CNN) — General Motors…