Costco is shutting down all of its photo centers
Costco is closing its photo centers at all of its roughly 800 stores next month, ending a number of services that have a decidedly retro vibe. Four…
Continue ReadingCNN – Business/Consumer
Chobani reinvented yogurt. Its next target is coffee
When Chobani started selling Greek yogurt in 2007, it upended the market. Now, it wants to do the same for iced coffee. This week, Chobani is…
Continue Reading Taco Bell’s potatoes are coming back
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue Reading New rule could force banks to lend to oil companies
Big banks, climate activists and banking reform advocates don’t agree on much, but they have joined forces to denounce a proposed Trump…
Continue Reading Circle K’s owner offers $20 billion for France’s biggest retailer
Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue Reading China is winning the trade war and its exports have never been higher
China was already outperforming every other major world economy last year as the coronavirus pandemic upended the globe. It looks like the…
Continue Reading Netflix has doubled its Black workforce since 2017, but says it still needs to hire more Latinos
The number of Black people working at Netflix has doubled over the last three years, but the company admits it has work to do when it comes to adding…
Continue Reading Voice of America reassigns White House reporter who tried to ask Mike Pompeo a question
The Voice of America has effectively demoted a reporter who tried to ask questions of Secretary of State Mike Pompeo after he delivered a speech…
Continue Reading Intel ousts CEO and names successor
Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. The chipmaker recruited Gelsinger…
Continue Reading Trump-supporting billionaire Ken Langone: Republicans betrayed us
Billionaire Republican donor and Home Depot co-founder Ken Langone says he feels “betrayed” by the Republicans who attempted to overturn…
Continue Reading Dubai real estate developer wants to do more business with Trump
Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain…
Continue Reading Dollar General will pay its workers to get a Covid-19 vaccine
Dollar General wants its employees to get Covid-19 vaccines, so it’s offering to pay them to do it. The chain said Wednesday that it will give…
Continue Reading The big winners from Tesla stock surge: lithium miners and battery makers
The incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery…
Continue Reading Circle K’s owners offer $20 billion for France’s biggest retailer
Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue Reading New York City terminates contracts with the Trump Organization
New York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the…
Continue Reading
Investors bet on a rapid vaccine rollout. That’s now at risk
Faith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early…
Continue Reading Las Vegas, the hardest-hit metro economy in America, just suffered another blow
In the run-up to the Consumer Electronics Show last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las…
Continue Reading Australian company renames racially offensive cheese brand
An Australian food company has officially renamed a famous snack brand after years of complaints that it shared its name with a racial slur.…
Continue Reading A global chip shortage is hitting carmakers at the worst possible time
The world’s largest carmakers are facing a critical shortage of semiconductors that threatens to hamstring production just as the industry…
Continue Reading UK to fine companies that fail to disclose imports tied to China’s Xinjiang region
The British government will fine companies which hide connections to China’s Xinjiang region where Uyghurs and other minorities are allegedly…
Continue Reading