CNN-Business-Consumer Archives

Here’s why gas is so cheap at Costco and Walmart

November 20, 2021 7:17 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Gas prices are skyrocketing, and Americans want to save at the pump. That plays right into the hands of Costco,…

Phone glitch leaves some Tesla drivers locked out

November 19, 2021 5:06 PM CNN Newsource

One of the perks of owning a Tesla is using your smartphone as a key to open and drive your car. It does away with carrying a separate key fob in…

Marriott rejected Uyghur conference to maintain ‘political neutrality’

November 19, 2021 4:09 PM CNN Newsource

By Matt Egan, CNN Business The Marriott hotel in Prague refused to host a conference this month aimed at drawing attention to alleged human rights…

Natalie Morales says goodbye to ‘Today’ after 22 years at NBC

November 19, 2021 3:15 PM CNN Newsource

By Kerry Flynn, CNN Business Natalie Morales said farewell on Friday to her viewers and colleagues on “Today” after 22 years at NBC.…

The supply chain is messing with the squishy golden dumpling everyone wants

November 19, 2021 11:03 AM CNN Newsource

By Parija Kavilanz, CNN Business An animated dumpling called “Dart,” with a shiny gold chrome body that pops out of its head when you…

Hyundai and Kia are going big with upcoming electric vehicles

November 19, 2021 10:45 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Hyundai and Kia look to be going big with their future electric SUVs. The South Korean automaker siblings both…

WTA threat to quit China over Peng Shuai’s disappearance puts Porsche and SAP in a bind

November 19, 2021 10:22 AM CNN Newsource

By Walé Azeez, CNN Business The threat by the Women’s Tennis Association (WTA) to quit China after one of its stars, Peng Shuai, disappeared…

Fleet operators want Teslas. But not ‘full self-driving’

November 19, 2021 9:40 AM CNN Newsource

By Matt McFarland, CNN Business Westport, Connecticut police chief Foti Koskinas would love it if his patrol cars could drive themselves, but his…

Oil selloff intensifies on Covid fears and risk of US-China intervention

November 19, 2021 9:25 AM CNN Newsource

By Matt Egan, CNN Business The oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the…

‘Ghostbusters: Afterlife’ hits theaters. Will audiences answer the call?

November 19, 2021 9:17 AM CNN Newsource

By Frank Pallotta, CNN Business In 1984, a film about three New York City owners of an unconventional startup took the country by storm, leading…

CVS is closing 900 stores, and the big winner is Dollar General

November 19, 2021 8:27 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business CVS is heading in the wrong direction: Traditional pharmacies are on the decline, and America’s largest…

Two Senate Democrats urge Biden not to keep Jerome Powell at the helm of the Fed

November 19, 2021 7:03 AM CNN Newsource

By Matt Egan, CNN Business Democratic Senators Sheldon Whitehouse and Jeff Merkley on Friday came out against to keeping Jerome Powell at the helm of…

Macy’s stock, once left for dead, is roaring back to life

November 19, 2021 6:25 AM CNN Newsource

By Julia Horowitz, CNN Business In spring 2020, in the depths of coronavirus lockdowns, investors couldn’t dump Macy’s stock fast enough.…

One week until Black Friday. Investors have already loaded up the shopping carts with retail stocks

November 19, 2021 5:03 AM CNN Newsource

By Paul R. La Monica, CNN Business It’s no secret that consumers love Amazon, Walmart and Target. But they are not the only retailers that…

Alibaba shares plunge nearly 11% after warning of slower growth

November 18, 2021 10:59 PM CNN Newsource

By Laura He and Paul R. La Monica, CNN Business Shares of Alibaba plummeted in Hong Kong on Friday after the tech giant warned of weaker growth this…

Press Freedom Awards ceremony stands up for journalists in ‘increasingly repressive world’

November 18, 2021 10:30 PM CNN Newsource

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

India’s Prime Minister Modi to repeal controversial farm laws following more than a year of protests

November 18, 2021 9:35 PM CNN Newsource

By Manveena Suri, Vedika Sud, Arpit Goel and Rhea Mogul, CNN India’s Prime Minister Narendra Modi said Friday he would repeal three contentious…

Hoffa critic elected to succeed him as Teamster president

November 18, 2021 7:12 PM CNN Newsource

By Chris Isidore, CNN Business Sean O’Brien will be the next president of the 1.4-million member Teamsters union, succeeding James Hoffa, the…

The ‘Great Migration’ during Covid may not have actually happened

November 18, 2021 3:44 PM CNN Newsource

By Alicia Wallace, CNN Business The “Great Migration” may not be as pronounced as once thought. The US Census Bureau this week released…

Shares of Sweetgreen soar following Wall Street debut

November 18, 2021 1:29 PM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Wall Street is hungry for fancy salads. Sweetgreen’s stock nearly doubled in price mid-day Thursday,…

A group of crypto investors tried to buy a copy of the Constitution. It didn’t work out

November 18, 2021 10:33 AM CNN Newsource

By Paul R. La Monica, CNN Business A group of cryptocurrency investors took the notion “We the people” from the US Constitution to the…

We tried Tesla’s ‘full self-driving.’ Here’s what happened

November 18, 2021 10:32 AM CNN Newsource

By Matt McFarland, CNN Business When a dozen small children crossed in front of our Tesla with “full self-driving,” I had good reason to…

Trump SPAC must be investigated, Elizabeth Warren demands

November 18, 2021 9:20 AM CNN Newsource

By Matt Egan, CNN Business Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell…

Inflation is coming for your cup of coffee next

November 18, 2021 9:16 AM CNN Newsource

By Matt Egan, CNN Business Not even coffee is immune to the powerful forces of extreme weather and inflation. Coffee futures climbed on Thursday to…

CVS is closing 900 stores

November 18, 2021 8:42 AM CNN Newsource

By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…

Nearly half of Victoria’s Secret’s holiday products have been stuck at ports or in transit

November 18, 2021 8:41 AM CNN Newsource

By Parija Kavilanz, CNN Business Victoria’s Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly…

How to find lower prices and avoid empty shelves during the holiday shopping rush

November 18, 2021 8:28 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping…

Alibaba warns of slower growth after missing Wall Street’s earnings estimates

November 18, 2021 7:24 AM CNN Newsource

By Paul R. La Monica, CNN Business Alibaba reported sales and earnings for the third quarter that missed forecasts and warned that results for the…

Cathay Pacific fires three pilots who caught Covid-19 in Germany

November 18, 2021 7:17 AM CNN Newsource

By Duarte Mendonca, CNN Cathay Pacific has fired three pilots after they were infected with coronavirus in the German city of Frankfurt. The Hong…

This holiday shopping season is going to be tough. Here are 4 ways to keep from overspending

November 18, 2021 7:06 AM CNN Newsource

Opinion by Catherine Franssen for CNN Business Perspectives As supply chain disruptions continue to impact businesses around the globe, consumers…