Business Archives

Supply chain nightmares are doing what regulators and rivals can’t: Slow Amazon down

October 29, 2021 10:23 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business Amazon’s rise has been relentless for more than a decade, with regulators and rivals alike failing to slow…

The stock market was more treat than trick in October

October 29, 2021 12:19 PM CNN

CNN, CNN BUSINESS By Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than…

U.S. economy falls short of expectations, only makes a 2% comeback

October 29, 2021 8:31 AM Cole Johnson, CNN

The Bureau of Economic Analysis reports the economy grew at an annualized rate of just 2% in the third quarter of the…

How much the typical home cost in your state in 1950

October 29, 2021 7:33 AM Stacker

Orchard analyzed data from the U.S. Census Bureau to find the 1950 median home values for every state plus Washington…

High oil prices are unlikely to last, Chevron CFO tells CNN

October 29, 2021 7:24 AM CNN Newsource

By Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN. “This feels…

Cannabis is one industry that’s actually coming out of Covid even stronger

October 28, 2021 7:57 AM CNN

CNN By Alicia Wallace, CNN Business When members of the cannabis industry descended upon Las Vegas last week for the biggest trade show in the…

‘We are struggling every day’: Supply chain crunch threatens to leave some of the neediest Americans without enough to eat

October 29, 2021 7:57 AM CNN Newsource

By Gabe Cohen, CNN The free food delivery that arrives at Beth Greenlee’s door each week is much more than an endpoint of the US supply chain.…

Facebook changes its company name to Meta

October 28, 2021 8:34 AM CNN Newsource

Facebook is changing its company name to Meta as it confronts wide-ranging scrutiny of the real-world harms from its various platforms after a…

Christmas is going to be great for stores, if their names are Walmart or Target

October 28, 2021 5:29 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business It’ll be a very merry Christmas for America’s biggest retailers. Retail sales in November and…

New dads are ‘losers’ if they take 6 months paternity leave, prominent venture capitalist says

October 28, 2021 5:11 AM CNN Newsource

By Jordan Valinsky, CNN Business A prominent venture capitalist is under fire for calling new dads “losers” if they take months of…

No one seems worried about a housing bubble. Just like last time the bubble burst

October 27, 2021 7:59 AM CNN Newsource

Housing prices are surging to new records with no end in sight. They’re being fueled by historically low interest rates — but also investors and…

Facebook is having a tougher time managing vaccine misinformation than it is letting on, leaks suggest

October 27, 2021 7:56 AM CNN

CNN, CNNBUSINESS By Donie O’Sullivan, Clare Duffy, Tara Subramaniam and Sarah Boxer, CNN Business In public, Facebook has touted the resources…

Likes, anger emojis and RSVPs: the math behind Facebook’s News Feed — and how it backfired

October 27, 2021 6:51 AM CNN Newsource

By Rachel Metz, CNN Business In late 2017, Facebook had a big problem: users were commenting on, “liking” and resharing posts less than…

Career Specialist Lea Soto-Graham says when one door closes, another will open.

October 25, 2021 1:50 PM Joe Teposte, Mercedes Martinez

It happens every day someone walks off of a job and, regardless if you were laid off, you quit or they fired you, the reality is, you’ll need a new…

Supply chain issue potentially causing alcohol shortage

October 25, 2021 5:49 AM April Hettinger

Here’s some news that might re-ignite panic buying: supply chain issues are impacting the supply of alcohol in the…

US budget deficit hits $2.77 trillion in 2021, 2nd highest

October 22, 2021 8:17 AM The Associated Press

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record…

Business group warns of mass layoffs and ‘catastrophic’ supply chain disruptions from Biden’s vaccine mandate

October 22, 2021 7:53 AM CNN Newsource

President Joe Biden’s vaccine order will force employers to lay off thousands of workers, making the supply-chain crisis much worse, a major business…

Soaring meat prices a tough sell for barbecue pitmasters

October 22, 2021 7:48 AM CNN

For about twenty minutes, Alex Barbosa had his full menu on display — written in permanent marker on peach-colored butcher paper — before he had to…

Skyrocketing propane prices could mean trouble for some Canadians this winter

October 22, 2021 4:48 AM CNN Newsource

Although plenty of attention has been given to the rising price of gasoline and natural gas, Canadian propane prices are also skyrocketing – a…

Trump is going public by taking advantage of Wall Street’s blank-check boom

October 21, 2021 9:39 AM CNN

Former President Donald Trump is planning a return to Wall Street.

Trump, whose companies have a long history of filing for bankruptcy, announced a…