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CVS Health is closing 900 stores over the next three years

CVS is closing 900 stores

November 18, 2021 8:42 AM CNN Newssource

By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…

Victoria's Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly approaches and gift shopping speeds up. Underwear is displayed in a window at a Victoria's Secret store on February 25

Nearly half of Victoria’s Secret’s holiday products have been stuck at ports or in transit

November 18, 2021 8:41 AM CNN Newssource

By Parija Kavilanz, CNN Business Victoria’s Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly…

A family shops for toys at a Target store on October 25

How to find lower prices and avoid empty shelves during the holiday shopping rush

November 18, 2021 8:28 AM CNN Newssource

By Nathaniel Meyersohn, CNN Business By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping…

Shares of Alibaba were down more than 8% in early trading Thursday.

Alibaba warns of slower growth after missing Wall Street’s earnings estimates

November 18, 2021 7:24 AM CNN Newssource

By Paul R. La Monica, CNN Business Alibaba reported sales and earnings for the third quarter that missed forecasts and warned that results for the…

Cathay Pacific says the Covid-19 protocol breach was an isolated incident.

Cathay Pacific fires three pilots who caught Covid-19 in Germany

November 18, 2021 7:17 AM CNN Newssource

By Duarte Mendonca, CNN Cathay Pacific has fired three pilots after they were infected with coronavirus in the German city of Frankfurt. The Hong…

As supply chain disruptions continue to impact businesses around the globe

This holiday shopping season is going to be tough. Here are 4 ways to keep from overspending

November 18, 2021 7:06 AM CNN Newssource

Opinion by Catherine Franssen for CNN Business Perspectives As supply chain disruptions continue to impact businesses around the globe, consumers…

McDonald's Egg McMuffin is turning 50 years old

McDonald’s is returning the Egg McMuffin to its original price

November 16, 2021 6:00 AM CNN Newssource

By Jordan Valinsky, CNN Business McDonald’s Egg McMuffin is turning 50 years old, and it’s giving the breakfast sandwich a price to…

Oil prices are finally falling. Thank China and Joe Biden

November 18, 2021 6:10 AM CNN Newssource

By Julia Horowitz, CNN Business The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who…

Thanksgiving dinner will cost 14% more this year

Thanksgiving dinner will cost Americans 14% more this year, survey finds

November 18, 2021 4:35 AM CNN Newssource

By Vanessa Yurkevich, CNN Business Thanksgiving dinner will cost 14% more this year, according to new survey by the American Farm Bureau Federation.…

Starbucks and Amazon Go open concept store in New York City

November 18, 2021 3:03 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Starbucks is leaning into tech with its new concept store. Essentially, it’s a mashup of a regular…

European natural gas futures finished almost 18% higher on Tuesday and rose again on Wednesday. The Nord Stream 2 pipeline at the Slavyanskaya compressor station is shown here.

Europe was already facing a winter gas crisis. The risks just got even bigger

November 17, 2021 11:01 PM CNN Newssource

By Julia Horowitz, CNN Business When Germany announced this week that it had suspended the process of certifying a controversial new Russian gas…

Warren Buffett-backed Paytm crashes 27% after milestone IPO for India

November 17, 2021 10:42 PM CNN Newssource

By Diksha Madhok, CNN Business It’s turning into a monumental year for India’s stock market, as yet another big startup makes its public…

Workers hold signs during a strike outside the John Deere Regional Parts Distribution facility in McDonough

Strike at John Deere to end as UAW members ratify contract offer

November 17, 2021 7:42 PM CNN Newssource

By Chris Isidore, CNN Business More than 10,000 workers at John Deere will end a five-week strike and return to work after voting nearly two-to-one…

Japan and South Korea cracked the American car market. Now a company from Vietnam wants to try

November 17, 2021 4:33 PM CNN Newssource

By Peter Valdes-Dapena, CNN Business Vinfast, a car company based in Vietnam, unveiled a pair of electric SUVs Wednesday that it plans to begin…

The Hoffa era is about to come to an end at the Teamsters union. And that could have a big impact on UPS

Teamsters set to elect successor to Hoffa’s son. Here’s why it matters to you

November 17, 2021 3:20 PM CNN Newssource

By Chris Isidore, CNN Business The Hoffa era is about to come to an end at the Teamsters union. And that could have a big impact on UPS, by far the…

Home prices all over the country have seen stratospheric increases within the past year

Sky high home prices may push Fannie Mae and Freddie Mac to back loans of nearly $1 million

November 17, 2021 3:02 PM CNN Newssource

By Anna Bahney, CNN Business Home prices all over the country have seen stratospheric increases within the past year, as demand for homes spiked and…

TJ Maxx is raising prices on some upscale brands

November 17, 2021 2:48 PM CNN Newssource

By Parija Kavilanz, CNN Business TJ Maxx’s stores have been popular in the pandemic with shoppers looking to score bargains on designer brands…

Goldman Sachs CEO is worried about excessive market greed

November 17, 2021 10:08 AM CNN Newssource

By Paul R. La Monica, CNN Business Unlike Michael Douglas’ Gordon Gekko character, Goldman Sachs CEO David Solomon thinks greed is not good for…

Target said Wednesday that its turnover rate for hourly workers was lower this year compared with 2019

Labor shortage? Not at Target

November 17, 2021 10:04 AM CNN Newssource

By Nathaniel Meyersohn, CNN Business A record number of Americans are quitting their jobs and businesses are desperately struggling to fill open…

The American Petroleum Institute on Wednesday slammed President Joe Biden's push for a Federal Trade Commission investigation of the oil industry and renewed its call for the federal government to encourage domestic oil and gas production.

‘This is a distraction.’ Oil industry hits back at Biden’s request for FTC investigation

November 17, 2021 9:59 AM CNN Newssource

By Matt Egan, CNN Business The American Petroleum Institute on Wednesday slammed President Joe Biden’s push for a Federal Trade Commission…

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