Browsing: Business
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. This morning, economists got something they’ve been waiting three…
Japan’s economy expanded by a much faster-than-expected annualized 3.1% in the second quarter, rebounding from a slump at the start of the year thanks to a strong rise in consumption…
Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also nearly halved its huge stake in Apple. Berkshire owned about 690,000…
Columbia University President Minouche Shafik is stepping down months after protests over the Israel-Hamas war gripped the campus, according to a letter sent by Shafik to the Columbia community obtained…
Wally Amos, the charismatic founder of Famous Amos cookies, has died at age 88, according to reports. The New York Times reported Amos died Tuesday in his home in Honolulu,…
Cisco Systems said Wednesday it was cutting 7% of its global workforce as it shifts focus to high-growth areas. The San Jose, California-based company estimates it will recognize pre-tax charges of up to $1…
If you’re a Shake Shack customer in Los Angeles, your next burger could come on a little robot with wheels. The fast casual burger chain and Serve Robotics announced a…
LL Flooring, formerly known as Lumber Liquidators, has filed for bankruptcy and will close 94 of its stores across the United States. But the retailer is not liquidating itself immediately,…
Shopping around for a car? You’re in luck. Shopping around for a new auto insurance policy? Better buckle up. New, used and even rental car prices continue to slide while…
Americans aren’t getting their Big Mac fix at McDonald’s anymore. They’re going to Chili’s instead. Brinker International, Chili’s parent company, reported a nearly 15% in jump in same-store sales and…