Pepsi wants you to drink soda mixed with milk this holiday season
By Danielle Wiener-Bronner, CNN Business ‘Tis the season to mix milk into your soda. According to Pepsi, anyway. Pepsi launched a campaign…
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China’s cities are running out of cash to pay huge Covid lockdown bills
By Laura He, CNN Business Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the…
Continue ReadingCaroline Ellison, former Alameda chief, and Gary Wang, FTX cofounder, each pleaded guilty to multiple charges and are cooperating with feds
By Kara Scannell and Matt Egan, CNN Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal…
Continue ReadingSam Bankman-Fried says he ‘got a little cocky’ before FTX collapsed
By Allison Morrow, CNN Business Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not…
Continue ReadingFamily Dollar is a mess. It hopes lowering prices will help
By Nathaniel Meyersohn, CNN Business Family Dollar has lost ground in the dollar store race for years. Now, the discount chain hopes lowering prices…
Continue ReadingIs the worst over for bitcoin and the rest of crypto?
By Paul R. La Monica, CNN Business The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this…
Continue ReadingLamborghini’s last purely gas-powered supercar is a road car turned into an off-road monster
By Peter Valdes-Dapena, CNN Business The Lamborghini Huracán Sterrato, officially unveiled in Miami Wednesday will be the Italian automaker’s…
Continue ReadingChina to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests
By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…
Continue ReadingAmerican consumers got holiday shopping off to a strong start
By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend, despite…
Continue ReadingMcDonald’s is giving people the chance to win free food for life
By Jordan Valinsky, CNN Business For the holidays, McDonald’s is giving away free meals for life. Well, sort of. Beginning December 5, every…
Continue ReadingBank of America CEO predicts two years of pain ahead in the housing market
By Paul R. La Monica, CNN Business The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But he’s…
Continue ReadingHow an arcane 96-year-old law stopped the rail strike
By Chris Isidore, CNN Business Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates…
Continue Reading‘White paper’ protests: China’s top stationery supplier says it’s still selling A4 sheets
By Laura He, CNN Business The rare protests that spread across China over the weekend often featured demonstrators holding pieces of blank white…
Continue Reading‘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…
Continue ReadingBBC 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 ReadingBBC 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 ReadingSelf-checkout annoys some customers and helps shoplifters. Stores are adding it anyway
By Nathaniel Meyersohn, CNN Business Self-checkout arrived in the late 1980s at supermarkets. A decade later, it began spreading to big-box chains…
Continue ReadingWhat protests in China may mean for the economy
By Nicole Goodkind, CNN Business Protests against China’s prolonged and restrictive Covid regulations spread across the country over the…
Continue ReadingOnline 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 ReadingWe now know what Budweiser will do with the beer it can’t sell at the World Cup
By Jordan Valinsky, CNN Business Qatar’s last-minute decision to ban alcohol at World Cup stadiums has left Budweiser with loads of beer left…
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