Skip to Content

Month: June 2022

Commerce secretary says the ‘brutal reality’ is that there ‘isn’t very much more to be done’ on gas prices

By Betsy Klein, CNN Commerce Secretary Gina Raimondo conceded Tuesday that there is not much more the White House can do to tackle record high gas prices for Americans, casting blame on Russia’s invasion of Ukraine. “Unfortunately, that is the brutal reality,” Raimondo said in response to CNN’s Kate Bolduan saying there’s not much action

Continue Reading

Kohl’s puts up a for-sale sign

By Nathaniel Meyersohn, CNN Business Kohl’s may soon have a new owner. Kohl’s said late Monday that it had entered into a three-week exclusive negotiation period for a potential sale with Franchise Group, a holding company which owns The Vitamin Shoppe and other retail brands. Franchise Group has proposed to buy Kohl’s for $60 a

Continue Reading