Nike is trying to outrun supply chain problems
By Charles Riley, CNN Business Plenty of people want to buy Nike clothes and sneakers. But nearly two years into the coronavirus pandemic, supply…
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Rite Aid is closing more than 60 stores
By Jordan Valinsky, CNN Business Rite Aid announced Tuesday it is closing another 63 stores to save about $25 million per year. After years of…
Continue Reading Boeing and Airbus want Biden administration to delay rollout of 5G cell service, citing safety concerns
By Pete Muntean, CNN Business The world’s biggest commercial airplane manufacturers are telling the Biden Administration to delay the rollout…
Continue Reading Cooking is out. Campbell’s soup is in again
By Nathaniel Meyersohn, CNN Business Early in the Covid-19 pandemic, everybody stuck at home tried their hand at cooking. People posted photos of…
Continue Reading China Mobile plans to raise up to $8.8 billion by listing shares in Shanghai
By Michelle Toh, CNN Business China Mobile is ending the year with a bang. The Chinese telecom giant announced Tuesday that it wants to raise as much…
Continue Reading Mark Zandi of Moody’s plans to dim his US economic forecast after Omicron concerns
By Matt Egan, CNN Business Mark Zandi is growing more concerned about the health of the US economy heading into 2022 following the apparent demise of…
Continue Reading Dozens of Pantene and Herbal Essences dry shampoo sprays recalled for cancer-causing chemical
By Jordan Valinsky, CNN Business Procter & Gamble has recalled more than 30 aerosol spray haircare products, including many dry shampoos and dry…
Continue Reading Walmart sued for allegedly dumping over a million hazardous items a year
By Ramishah Maruf, CNN Business California filed a lawsuit against Walmart Monday for allegedly disposing of hazardous waste at a rate of “more…
Continue Reading ‘Spider-Man: No Way Home’ was the second-biggest box office opening ever
By Frank Pallotta, CNN Business Spider-Man made even more money than originally projected. “Spider-Man: No Way Home,” the latest movie in…
Continue Reading Why Elon Musk will end up with an $11 billion tax bill this year
By Chris Isidore, CNN Business Elon Musk says his tax bill this year will be $11 billion, and he’s probably right: The filings he has made with…
Continue Reading CNBC’s Jim Cramer announces he tested positive for Covid-19
By Kerry Flynn, CNN Business Jim Cramer announced on CNBC Monday he had tested positive for Covid-19. While holding up three Abbott BinaxNOW tests on…
Continue Reading Employers had a rough 2021. Now here comes Omicron
By Kathryn Vasel, CNN Business This year didn’t go as planned for employers. With the introduction of vaccines in late 2020, many were hoping…
Continue Reading Papa Johns’ new crust is inspired by a city known for its pizza
By Jordan Valinsky, CNN Business Papa Johns is tossing up a New York-inspired pizza nationwide. Beginning December 27, the chain is rolling out its…
Continue Reading A one-two punch for the US economy
By Charles Riley, CNN Business The outlook for the American economy is suddenly much darker. Investors around the world sold stocks and oil prices…
Continue Reading China cuts key interest rate for the first time in 20 months
By Laura He, CNN Business China’s central bank cut its main interest rate for the first time in 20 months, as authorities step up efforts to…
Continue Reading Stocks fall and oil sinks as storm clouds gather over global economy
By Mark Thompson, CNN Business Investors hoping for an easy Christmas week could be sorely disappointed as stocks and oil prices slid in the face of…
Continue Reading SenseTime reopens IPO, but excludes US investors
By Laura He, CNN Business Chinese artificial intelligence giant SenseTime has revived its $767 million initial public offering, just days after it…
Continue Reading Science reporters say new Covid-19 surge is a ‘collective issue’
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Goldman Sachs cuts US economic forecast after Joe Manchin rejects Build Back Better
By Matt Egan, CNN Senator Joe Manchin’s opposition to the Build Back Better Act prompted Goldman Sachs to swiftly dim its US economic outlook.…
Continue Reading ‘Spider-Man: No Way Home’ swings to third biggest opening in box office history
By Frank Pallotta, CNN Business Theaters needed a hero, and Spider-Man swung in just in time. “Spider-Man: No Way Home” — the latest…
Continue Reading Why the mask mandate on planes is good for business
By Chris Isidore, CNN Business Southwest Airlines CEO Gary Kelly stirred up some controversy Wednesday when he suggested that wearing masks on planes…
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The year Reddit changed Wall Street forever
By Allison Morrow, CNN Business Nearly a year ago, a bunch of day traders from the fringes of the internet figured out how to beat Wall Street at its…
Continue Reading Nuclear energy scares people. The climate crisis is giving it another chance
By Julia Horowitz, Salma Abdelaziz and Li-Lian Ahlskog Hou, CNN Growing up in Finland, Iida Ruishalme had a deep affinity for nature — particularly…
Continue Reading ‘SNL’ goes without an audience and airs pre-taped sketches due to rising Covid-19 cases
By Frank Pallotta, CNN Business “Saturday Night Live” wasn’t exactly live from New York on Saturday night. The NBC variety show…
Continue Reading ‘SNL’ airs with limited cast and crew due to rising Covid-19 cases
By Frank Pallotta, CNN Business The show went on for “Saturday Night Live” Saturday, but without its usual studio audience and its…
Continue Reading YouTube TV pulls Disney-owned channels after failing to reach deal
By Ramishah Maruf, CNN Business After failing to reach a deal with Disney, YouTube TV will not be able to distribute Disney-owned channels such as…
Continue Reading ‘Spider-Man: No Way Home’ has massive opening day, heads for box office records
By Frank Pallotta, CNN Business Look out, box office records. Here comes Spider-Man. “Spider-Man: No Way Home,” the latest movie in the…
Continue Reading The data that shows Boomers are to blame for the labor shortage
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading The surprising reason you can’t find cream cheese anywhere
by Ramishah Maruf, CNN Business This year hackers have unleashed cyberattacks against pipelines, ferry boats, meat packers, even police departments.…
Continue Reading The reason ‘SNL’ is so hilarious again? Less Trump
Opinion by Bill Carter for CNN Business Perspectives I confess to being old enough to have watched the premiere of “Saturday Night Live”…
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