Originally Published: 07 FEB 24 07:22 ET Updated: 07 FEB 24 07:24 ET By Leah Dolan, CNN (CNN) — Beyoncé has revealed she will be launching a hair care line on February 20. The 29-time Grammy winner made the announcement on Instagram, posting a cryptic video featuring apparent home movie footage of her mother’s salon Headliners,
Continue Reading Originally Published: 30 JAN 24 07:51 ET By Jordan Valinsky, CNN New York (CNN) — Starbucks is taking its extra virgin olive oil-infused drinks — which some customers previously complained of sending them straight to the bathroom — nationwide beginning Tuesday. The lineup, called Oleato, launched in a few US cities last year before slowly expanding to more stores.
Continue Reading Originally Published: 23 JAN 24 12:31 ET Updated: 23 JAN 24 13:52 ET By Nathaniel Meyersohn, CNN New York (CNN) — From theft to scanning errors, retailers are running into headaches with self-checkout after rolling out the technology aggressively over the last decade. Now, research finds another problem with self-checkout: fading customer loyalty. A newly-released study by researchers at Drexel
Continue Reading Originally Published: 18 JAN 24 12:00 ET Updated: 18 JAN 24 12:16 ET By Anna Bahney, CNN Washington, DC (CNN) — After moving higher the past two weeks, mortgage rates fell this week, dropping to the their lowest level since May 2023. The 30-year fixed-rate mortgage averaged 6.60% in the week ending January 18, down from 6.66% the
Continue Reading Originally Published: 17 JAN 24 05:00 ET Updated: 17 JAN 24 11:48 ET By Jeanne Sahadi, CNN New York (CNN) — The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $3.5
Continue Reading Originally Published: 16 JAN 24 22:40 ET By Jessie Yeung, CNN Hong Kong (CNN) — Japanese brand Uniqlo is suing Shein over claims the Chinese fast-fashion retailer is selling copycats of its viral shoulder bag. Fast Retailing, the Japanese giant that owns both Uniqlo and Theory, said in a statement that the form of the “imitation products” that Shein is
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(CNN)— Subway is running a promotion in August giving sandwich fans a chance to win free sandwiches for life if they agree to change their first name to Subway. According to Bloomberg, once a winner is chosen, the company will pay the winner’s legal fees to assume “a new iconic identity.” Subway has roughly 37,000
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New York (CNN) — Spotify is the latest streaming service to hike its prices. Beginning Monday, new subscribers will pay $1 more per month for its ad-free premium plan, rising to $10.99 per month. Current customers are being given a “one-month grace period before the new price becomes effective,” Spotify said. Spotify’s other tiers, like
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New York (CNN) — Some shoppers are buying Costco’s $4.99 rotisserie chickens and paying at self-checkout. The problem: They aren’t all members. Since Costco has expanded self-checkout, the company has noticed that non-members have been sneaking in to use membership cards that don’t belong to them. The warehouse club retailer will now ask for shoppers’
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(CNN) — America apparently needs more car seats. So, when Volkswagen unveiled the ID. Buzz, a retro-styled electric van, last year, it noted that the version for the North American market would be longer and would have three rows of seats. North America’s version of the ID. Buzz has now officially been revealed. “Designed and
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(CNN) — Millions of adults in the United States are not taking their medications as prescribed because of costs, according to a new report from the US Centers for Disease Control and Prevention. Most adults between the ages of 18 and 64 took at least one prescription medication in 2021. But more than 8% of
Continue Reading By Gregory Wallace and Matt McFarland, CNN Thousands of US flights were canceled on New Year’s Day as a combination of Covid-19 and wintry weather have slowed travel. Flight cancellations have trended up steadily since Christmas Eve, hitting a new peak Saturday morning as millions travel over the holidays. Data from the website FlightAware shows
Continue Reading By Anneken Tappe, CNN Business America is finishing the year with decades-high inflation. That doesn’t bode well for 2022. Prices have climbed so high it will take some time for them to come back down to earth. In other words, the uncomfortable inflation numbers of 2021 will likely stay with us well into the New
Continue Reading By Parija Kavilanz, CNN Business It’s New Year’s Day, and many of us are probably staying cocooned in our homes, contemplating the year ahead. But others among us might need to go about our regular weekly routines, including venturing out to shop for groceries, diapers, treats for the pooch and picking up prescription refills. If
Continue Reading By Reuters Spirit Airlines flight attendants are receiving double pay on any work through January 4, their union said, as the budget carrier scrambles to keep its schedules intact after U.S. airlines were hammered by a week of mass cancellations. The holiday season has been marred by delayed or canceled flights, causing chaos at most
Continue Reading By Clare Duffy, CNN Business Bob Iger, Disney’s former chief executive and long-time executive chairman, is officially ending his tenure Friday after just shy of half century at the company. Iger announced he would leave the company when his contract ended at the close of this year. “This is the end of my 47 1/2
Continue Reading By Paul R. La Monica, CNN Business Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on ships and the rapidly spreading Omicron variant. But that’s no longer the case. The US Centers for Disease Control and Prevention said Thursday that even vaccinated people should no longer take
Continue Reading By Gregory Wallace, CNN Business The Federal Aviation Administration is warning more air travel headaches may be in store, even as airlines cancel thousands of flights because of coronavirus crew shortages and other issues. The FAA said Friday an “increased number” of its own employees are testing positive for the virus. That could force it
Continue Reading By Matt Egan, CNN Business Omicron is messing with back-to-the-office plans for both JPMorgan Chase and Citigroup. Citing the spike in Covid-19 cases, both big banks told US employees on Thursday that they can start 2022 by working remotely. In a memo obtained by CNN, Citi asked its US employees to work from home for
Continue Reading By Chris Isidore, CNN Business Warren Buffett, the ninth-richest person on the planet, says it’s not up to him to settle a strike by 450 steelworkers at a company he owns. Sen. Bernie Sanders wrote a letter to the Berkshire Hathaway CEO, requesting that he intervene in a United Steelworkers union strike at the Special
Continue Reading By Paul R. La Monica, CNN Business The year’s last day of trading was a relatively quiet one. Stocks ended the day slightly lower Friday. But 2021 was still a banner year for Wall Street. The Dow fell about 60 points Friday, or 0.2%. It was up 19% this year. The Nasdaq closed down 0.6%
Continue Reading By Parija Kavilanz, CNN Business Ikea said its customers will pay more when they shop at its stores in 2022. Like many companies with tight profit margins, the world’s biggest furniture seller is struggling to absorb higher costs because of ongoing global supply chain problems. Ikea said prices at its stores will increase by an
Continue Reading By Matt Egan, CNN Business The US economy is heading into 2022 with serious momentum. The recovery gained steam in the last few months, capping off what could be the fastest year of GDP growth since 1984, when Ronald Reagan was in the White House. The hope is this rapid expansion continues in 2022, allowing
Continue Reading By Jill Disis, CNN Business Activity at China’s big factories continued to pick up this month even as the country battles stubborn Covid-19 outbreaks that threaten to hamper production. Manufacturing activity increased to 50.3 in December from 50.1 in November, according to survey data released by China’s National Bureau of Statistics on Friday. It was
Continue Reading By Hannah Ritchie, Teele Rebane and Eric Cheung, CNN Business Hong Kong’s flagship airline warned Friday that strict new quarantine measures in the city could lead to “dramatic disruptions” to local supply chains, as the company is forced to curb some passenger and cargo flights. Cathay Pacific’s note of caution came as the Hong Kong
Continue Reading By Parija Kavilanz, CNN Business Enough already! Can we call it a wrap on 2021? As if this year hasn’t been challenging enough, it’s leaving us with one more parting shot — a Champagne shortage. Revelers looking forward to cheering in 2022 with a favorite bubbly should brace for possible disappointment — especially if you
Continue Reading By Gregory Wallace, CNN Business Airline cancellations are surging Thursday for a seventh straight day and threaten to throw off weekend flights home for holiday travelers. The spate of cancellations means tens of thousands of travelers are attempting to rebook as the Transportation Security Administration expects 10 million more people to pass through airport screening
Continue Reading By Jack Guy, CNN UK bank Santander got into the Christmas spirit this year by paying out a total of £130 million ($175 million) to customers by mistake on December 25. The total payment was split over 75,000 transactions for around 2,000 corporate and commercial customers, Santander said in a statement published Thursday. “We’re sorry
Continue Reading By Anneken Tappe, CNN Business America’s latest report on unemployment benefits is proof that the US jobs recovery is still in full-swing. The average number of weekly jobless benefits claims over the past four weeks fell to 199,250. That’s the lowest four-week moving average since October 1969, the Labor Department reported Thursday. Last week alone,
Continue Reading Opinion by Bill Carter for CNN Business Perspectives ‘Tis the season; but there aren’t many reasons to be jolly. The pandemic is back, not that it ever really left. Headlines are again dominated by explosively rising case numbers, which means equally rising levels of depression and panic. Covid is a news story so inescapable it
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