CNN-Business-Consumer Archives

Driver monitoring gets spotlight amid safety questions

January 20, 2022 2:53 PM CNN Newsource

By Matt McFarland, CNN Business Two leaders in motor vehicle safety testing said Thursday that they will rate the driver monitoring systems that are…

Netflix shares tank 20% on weak subscriber outlook

January 20, 2022 2:29 PM CNN Newsource

By Frank Pallotta, CNN Business Netflix‘s stock fell as much as 20% in after hours trading due to a bad outlook for its future growth. Netflix…

FAA approves more airliners — including some smaller, regional jets — to fly near 5G towers

January 20, 2022 1:58 PM CNN Newsource

By Pete Muntean The Federal Aviation Administration has cleared more commercial airliners — notably more smaller, regional jets — to fly…

Major airlines say the 5G doomsday scenario is over

January 20, 2022 1:39 PM CNN Newsource

By Chris Isidore, CNN Business Airline executives breathed a sigh of relief to their investors Thursday, saying they believe the threat to their…

Americans are showing up sick to work even as Omicron spreads

January 20, 2022 1:10 PM CNN Newsource

By Nathaniel Meyersohn, CNN Business You may think that store and restaurant workers in America who catch Covid-19 are staying home to recover and…

This bill could help to end energy poverty in the US

January 20, 2022 1:05 PM CNN Newsource

Opinion by Mark Wolfe for CNN Business Perspectives Energy is an essential component of our day-to-day lives. We use it to cook our food, stay warm…

Peloton says it may consider cutting jobs and ‘resetting’ production

January 20, 2022 12:39 PM CNN Newsource

By Jordan Valinsky, CNN Business Peloton CEO John Foley acknowledged Thursday that the company is “considering all options” — including…

McDonald’s is bringing back this sweet treat after a 5-year hiatus

January 20, 2022 11:54 AM CNN Newsource

By Jordan Valinsky, CNN Business McDonald’s is selling a dessert that fans haven’t seen in about five years. Roughly 6,800 of its 14,000…

Judge denies InfoWars host motion to dismiss

January 20, 2022 11:41 AM CNN Newsource

By Hannah Rabinowitz A federal judge on Thursday denied InfoWars host and right-wing conspiracy theorist Owen Shroyer’s attempt to dismiss the…

Stocks give up on rebound rally

January 20, 2022 10:43 AM CNN Newsource

By Anneken Tappe, CNN Business The rebound just wasn’t meant to be. After rallying for much of the day, Wall Street’s major indexes…

The world bought more champagne than ever last year

January 20, 2022 9:26 AM CNN Newsource

By Anna Cooban, CNN Business Champagne houses are celebrating after sales and exports set new records last year even as pandemic lockdowns forced…

Home prices in 2021 rose 16.9%, the highest on record

January 20, 2022 8:42 AM CNN Newsource

By Anna Bahney, CNN Business The real estate market was on fire last year, with the frenzied pace of sales activity pushing home prices to record…

Mortgage rates jump for third straight week

January 20, 2022 8:37 AM CNN Newsource

By Anna Bahney, CNN Business In the third jump of 2022, mortgage rates rose to a high not seen since the early days of the pandemic. The 30-year…

Americans needed to work five weeks more on average to afford a used car in 2021

January 20, 2022 8:34 AM CNN Newsource

By Vanessa Yurkevich, CNN Business Wages are not keeping up with inflation. The price of cars has grown significantly faster than earnings, a new…

Oscar Mayer’s bologna face mask quickly sells out

January 20, 2022 8:19 AM CNN Newsource

By Jordan Valinsky, CNN Business If the thought of using a slice of bologna as a moisturizing face mask was tempting, you’re out of luck —…

American and United warn of reduced demand due to Omicron

January 20, 2022 6:23 AM CNN Newsource

By Chris Isidore, CNN Business Both American Airlines and United Airlines reported better-than-expected financial results, despite problems brought…

2022 hasn’t been good for stocks. But the Biden market is still up 18%

January 20, 2022 5:59 AM CNN Newsource

By Charles Riley, CNN Business It’s been a year since President Joe Biden took the reins at the White House. How’s the stock market…

Gas prices could soar if Russia invades Ukraine

January 20, 2022 5:18 AM CNN Newsource

By Matt Egan, CNN Business If Russia invades Ukraine, inflation-weary Americans will likely pay even higher prices at the pump. Oil prices have…

International airlines restore flights to US after 5G confusion

January 20, 2022 4:34 AM CNN Newsource

By Anna Cooban and Chris Liakos, CNN Business Major international airlines have resumed normal service after a slew of cancellations on Wednesday…

Why car prices remain so stubbornly high

January 20, 2022 4:28 AM CNN Newsource

By Chris Isidore, CNN Business Relief from record high auto prices could be coming soon. But that doesn’t mean those prices will go back to…

Why Netflix is raising prices

January 20, 2022 3:28 AM CNN Newsource

By Frank Pallotta, CNN Business Netflix is set to report fourth-quarter earnings on Thursday. Typically, Wall Street’s eyes would be set…

Amazon is opening a clothing store next to Nordstrom and JC Penney

January 20, 2022 1:02 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Amazon has a new venture outside of e-commerce, cloud computing, content streaming, smart devices, Whole Foods,…

M&Ms’ beloved characters are getting a new look

January 19, 2022 10:25 PM CNN Newsource

By Danielle Wiener-Bronner, CNN Business M&M’s branding is getting a refresh. The candy’s anthropomorphized chocolate characters are…

NBC says its coverage of Beijing Olympics will include ‘geopolitical context’

January 19, 2022 9:59 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…

China keeps cutting critical lending rates to shore up its economy

January 19, 2022 9:58 PM CNN Newsource

By Laura He, CNN Business China keeps slashing lending rates as authorities ramp up their efforts to stave off a sharp economic slowdown. The…

Starbucks scraps vaccine requirement following Supreme Court decision

January 19, 2022 4:27 PM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Starbucks is no longer requiring employees to get vaccinated or submit to weekly testing, following the US…

Gilead announces massive seizure of counterfeit HIV-1 drugs

January 19, 2022 2:40 PM CNN Newsource

by Amanda Watts, CNN The biopharmaceutical company Gilead Sciences announced Wednesday a massive web of seizures across several states of…

Nasdaq enters correction territory as stocks close lower

January 19, 2022 2:10 PM CNN Newsource

By Anneken Tappe, CNN Business Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed…

Taxing extreme wealth could lift 2.3 billion people out of poverty

January 19, 2022 1:06 PM CNN Newsource

Opinion by Chuck Collins for CNN Business Perspectives The pandemic has shone a spotlight on how inequality kills. As inequalities in income, wealth…

Doing laundry is about to get more expensive

January 19, 2022 10:42 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business It’s going to cost you more to wash your clothes. Procter & Gamble said Wednesday that it was raising…