‘Grave urgency’: Over 400 business groups plead with Congress to prevent rail strike
By Matt Egan More than 400 business groups are calling on Congressional leaders to be prepared to prevent a freight rail strike that could start…
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Dow tumbles 500 points but could actually end the year in the green
By Paul R. La Monica, CNN Business Most of 2022 has been pretty dismal for investors, and Monday was no exception: The Dow fell about 500 points, or…
Continue Reading A record $100 billion was paid out in life insurance benefits last year
By Jeanne Sahadi, CNN Business US life insurers paid out a record $100 billion in benefits in 2021, according to new data released Monday by the…
Continue Reading Bob Iger lays out his priorities for Disney as he returns as CEO
By Frank Pallotta, CNN Business Bob Iger was back at Disney headquarters on Monday to meet with employees for the first time since surprising the…
Continue Reading BBC journalist ‘beaten and kicked by the police’ as protests spread across China
CNN, POOL, NBC, ABC By Jennifer Deaton, CNN Business Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of…
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Rescue operation for small aircraft tangled in powerlines
A pilot and passenger were rescued after a small plane got tangled in power lines as it went down in Maryland Sunday…
Continue Reading BlockFi files for bankruptcy as FTX contagion grips crypto markets
By Allison Morrow, CNN Business Crypto lender BlockFi filed for bankruptcy Monday, becoming the latest casualty of the financial contagion unleashed…
Continue Reading Sunday was the busiest day at US airports since before the pandemic
By Chris Isidore, CNN Business Sunday marked the busiest day at US airports since the start of the pandemic — and though bad weather caused…
Continue Reading Online Black Friday sales set a new record
By Jordan Valinsky, CNN Business Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year, according to Adobe…
Continue Reading US oil prices hit lowest level in nearly a year. Gas is down 6% in a month
By Anna Cooban, CNN Business US oil prices have fallen to their lowest level since December 2021 on concerns that protests in China against Covid-19…
Continue Reading Barclays CEO says he has cancer but will continue to run the bank
By Julia Horowitz, CNN Business The CEO of Barclays said Monday that he has been diagnosed with cancer. C.S. Venkatakrishnan, who is known as Venkat…
Continue Reading BBC journalist ‘beaten and kicked by the police’ as protests spread across China
By Jennifer Deaton, CNN Business Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of protests on Sunday…
Continue Reading Global markets fall after protests erupt in China over Covid lockdowns
By Laura He, CNN Business Global markets fell on Monday after widespread protests in China against the country’s stringent Covid-19…
Continue Reading BBC journalist ‘beaten and kicked by the police’ as protests spread across China
CNN By Jennifer Deaton, CNN Business Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of protests on Sunday…
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Whole Foods to stop selling Maine lobsters
Whole Foods is taking lobster off the…
Continue Reading Thousands of US flights delayed Sunday as major storm system hampers travel
By Samantha Beech and Keith Allen, CNN A severe weather system across several parts of the United States has prompted the three major airports…
Continue Reading Self-checkout annoys some customers and helps shoplifters. Stores are adding it anyway
CNN, CNN BUSINESS By Nathaniel Meyersohn, CNN Business Self-checkout arrived in the late 1980s at supermarkets. A decade later, it began spreading to…
Continue Reading JCPenney was once a shopping giant. Can it make a comeback?
By Nathaniel Meyersohn, CNN Business Marc Rosen didn’t flinch when he was offered the top job at JCPenney last year. A stalwart of…
Continue Reading Frontier Airlines no longer has a customer service phone line
By Ramishah Maruf, CNN Customers who need flight information or want to make changes to travel plans can no longer call Frontier Airlines and speak…
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Toymakers bet on last minute shoppers during Christmas season
With the busiest shopping weekend of the year underway, some toy retailers say they may need a Christmas…
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