CNN-Business-Consumer Archives

Coke is giving its cans a makeover

January 19, 2022 6:18 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Coca-Cola is fighting for your attention. The company is unveiling a new look for flavored Coke products…

Tech stocks are hurtling toward a correction

January 19, 2022 6:04 AM CNN Newsource

By Julia Horowitz, CNN Business Persistently high inflation has dealt investors a wake-up call this year, sending them scrambling to re-engineer…

UK inflation surges to highest level in 30 years

January 19, 2022 2:33 AM CNN Newsource

By Charles Riley, CNN Business UK consumer price inflation has surged to the highest level in three decades, heaping pressure on households already…

China mined a record amount of coal in 2021. It might produce even more this year

January 19, 2022 2:17 AM CNN Newsource

By Laura He, CNN Business China produced more coal than ever last year as its power stations struggled to meet demand for electricity, undermining…

An overdue presser: Biden set to take reporters’ questions in first formal news conference in months

January 18, 2022 9:06 PM CNN Newsource

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

International airlines suspend some US flights over 5G uncertainty

January 18, 2022 1:43 PM CNN Newsource

By Gregory Wallace, Pete Muntean and Michael Ballaban, CNN Major international airlines are scrambling to modify or cancel flights to the United…

Is Electronic Arts the next to get bought in the gaming deal frenzy?

January 18, 2022 12:52 PM CNN Newsource

By Paul R. La Monica, CNN Business It’s game on for video game mergers. Microsoft’s nearly $69 billion acquisition of the controversial…

Former New York Post digital chief alleges wrongful firing after privately reporting longtime Murdoch lieutenant propositioned her for sex

January 18, 2022 12:36 PM CNN Newsource

By Oliver Darcy, CNN Business Michelle Gotthelf, the former editor in chief of the New York Post’s digital operation, filed a lawsuit on…

Federal antitrust enforcers are considering updating corporate merger guidelines

January 18, 2022 11:48 AM CNN Newsource

By Clare Duffy, CNN Business The Federal Trade Commission and US Justice Department’s Antitrust Division on Tuesday announced a joint review of…

The pitchforks are out for Kohl’s

January 18, 2022 8:54 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Kohl’s can’t catch a break from Wall Street. For the second time in as many months and third time in…

Stephen A. Smith after Covid: If I wasn’t vaccinated, ‘I wouldn’t be here’

January 18, 2022 8:26 AM CNN Newsource

By Frank Pallotta, CNN Business Stephen A. Smith returned to ESPN‘s “First Take” Monday after a bout with Covid-19, which the…

Dow drops more than 500 points as bond yields rise and earnings season gets into full swing

January 18, 2022 7:34 AM CNN Newsource

By Anneken Tappe, CNN Business Wall Street had another day in the red at the start of this shortened trading week as investors grapple with earnings…

$388 million funding cut will force the BBC to cancel shows

January 18, 2022 7:33 AM CNN Newsource

By Anna Cooban, CNN Business The BBC has warned that it will be forced to slash services and cancel shows after the UK government froze its main…

Oil prices will surge to $100 this year, Goldman Sachs warns

January 18, 2022 6:23 AM CNN Newsource

By Matt Egan, CNN Business Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling…

Goldman Sachs earned nearly $4 billion, but that wasn’t good enough

January 18, 2022 6:08 AM CNN Newsource

By Paul R. La Monica, CNN Business Goldman Sachs had a phenomenal year. But like many of its competitors on Wall Street, the numbers just…

BlackRock cares about money, not ‘woke’ politics

January 18, 2022 6:03 AM CNN Newsource

By Julia Horowitz, CNN Business Every year, BlackRock CEO Larry Fink, one of the most powerful people in global finance, pens a letter to chief…

Want to keep your workers? Change your climate policies

January 18, 2022 5:30 AM CNN Newsource

By Anneken Tappe, CNN Business Climate change policies have become front and center for companies — not only because of ethics and reputation, but…

Peloton is hiking prices because of inflation

January 18, 2022 5:21 AM CNN Newsource

By Jordan Valinsky, CNN Business Peloton says inflation and supply chain challenges have forced the company to hike the price of its flagship bike,…

Gas prices are in the danger zone. Biden can’t do much about it

January 18, 2022 4:18 AM CNN Newsource

By Matt Egan, CNN Business President Joe Biden’s 2022 is off to a dreadful start. Prices at the pump could make it even worse. Crude oil has…

Should the government control the price of food and gas?

January 18, 2022 3:57 AM CNN Newsource

By Charles Riley, CNN Business People are paying a lot more for food, gas, cars and services, and inflation isn’t over yet as the pandemic…

Ex-Cathay Pacific staff arrested in Hong Kong for violating Covid rules

January 18, 2022 2:44 AM CNN Newsource

By Wayne Chang and Teele Rebane, CNN Business Hong Kong police have arrested and charged two former Cathay Pacific staffers for violating the…

Xi Jinping urges West not to ‘slam the brakes’ by hiking interest rates too quickly

January 18, 2022 1:48 AM CNN Newsource

By Laura He, CNN Business China is urging central banks in the West not to hike interest rates too fast to fight inflation as it goes in the other…

Starbucks teams up with Meituan for coffee delivery in China

January 18, 2022 12:20 AM CNN Newsource

By Michelle Toh, CNN Business Starbucks is joining forces with Chinese tech giant Meituan to expand delivery options in its second biggest market.…

Why protecting the planet is essential to preventing future pandemics

January 17, 2022 10:51 AM CNN Newsource

Opinion by Marco Lambertini, Gim Huay Neo and Elizabeth Mrema for CNN Business Perspectives Almost two years since the start of the Covid-19…

Cognac sales jump 31%, thanks to the US and China

January 17, 2022 10:31 AM CNN Newsource

Reuters Cognac sales surged by nearly a third last year as American and Chinese drinkers guzzled old vintages, in the latest sign premium drink…

Here’s what could rattle the stock market this year

January 17, 2022 9:38 AM CNN Newsource

By Paul R. La Monica, CNN Business The stock market is like that old slogan for Timex watches. It takes a licking but keeps on ticking. Sure,…

The owner of Ben & Jerry’s wants to buy Aquafresh and Advil

January 17, 2022 6:20 AM CNN Newsource

By Julia Horowitz, CNN Business Unilever is willing to pay big money for the company that makes products like Advil, Tums and Aquafresh toothpaste as…

1,200 US flights canceled Monday as winter storm pummels East Coast

January 17, 2022 5:55 AM CNN Newsource

By Jordan Valinsky, CNN Business US airlines have canceled more than 1,200 flights Monday as a powerful winter storm packing rain, sleet and snow…

Djokovic sponsor Lacoste wants to ‘review’ Australia events with tennis star

January 17, 2022 4:27 AM CNN Newsource

By Michelle Toh and Charles Riley, CNN Business Novak Djokovic has departed Australia after authorities canceled his visa for a second time. Now, one…

Credit Suisse chairman resigns after investigation into ‘personal actions’

January 17, 2022 2:38 AM CNN Newsource

By Michelle Toh, CNN Business The chairman of Credit Suisse has resigned following an investigation commissioned by the Swiss bank’s board that…