Browsing: Business
Americans are feeling fairly secure in their jobs, they expect to continue to earn and spend more than they did pre-pandemic, and they think inflation isn’t getting much worse, according…
Up until a few weeks ago, residents of western North Carolina likely gave little consideration to purchasing flood insurance. But last month Hurricane Helene flooded much of that area, as…
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. At any Tesla event, you have to go in…
Cash-starved Boeing, contending with massive financial losses from a crippling strike and years of operational and safety problems, is turning to major banks and Wall Street to raise tens of…
Walgreens is closing approximately 1,200 locations, including 500 over the next year, the drug store chain announced Tuesday. Those closures represent a significant escalation from a few months ago, when…
Ken Frazier grew up in a poor Philadelphia neighborhood as the son of a janitor and grandson of a man born into slavery. He rose to the heights of corporate…
Wall Street traders are popping champagne and toasting the two-year anniversary of a period of outsized gains known as a bull market. This two-year mark is known in gift-giving terms…
Hurricane Milton passed through Florida days ago, but the devastating storm is still causing chaos at gas stations. Hundreds of gas stations in Florida still don’t have gas, including roughly…
Expect to see fewer promotions at Starbucks. The coffee chain is scaling back promotional offers through its mobile app to get customers to pay full price for its coffees and…
True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday. In a press…