CNN – Business/Consumer

By Chris Isidore, CNN Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another year of record earnings Tuesday. The company, along with CSX, Norfolk Southern and Burlington Northern Sante Fe, narrowly avoided a strike by its

By Oliver Darcy, CNN Justin Bieber has sold the rights to his publishing and artist royalties from his song catalog, adding himself to a growing list of pop stars who have inked rights deals. Bieber sold his catalog to Hipgnosis, the music rights investment company announced Tuesday. “Justin is truly a once in a generation

By Oliver Darcy, CNN Business The Washington Post on Tuesday became the latest media company to conduct layoffs, cutting 20 roles in a move that publisher Fred Ryan had indicated last month the newspaper would take in early 2023. Sally Buzbee, executive editor of The Post, described the decision to cut the jobs as “difficult”

By Nathaniel Meyersohn, CNN Amazon is expanding its push into healthcare with a $5 monthly unlimited delivery pass on 60 common generic prescription drugs treating allergies, inflammation, high blood pressure and other conditions. Amazon announced the new delivery service, RXPass, on Tuesday and it will launch immediately in most states except California, Texas, Minnesota and

By Chris Isidore, CNN Business America’s largest banks announced plans Tuesday for an electronic wallet that will take aim at Apple Pay and PayPal. The banks are working with Early Warning Services, the company that runs their Zelle electronic payment service. The new electronic wallet, which will operate separately from Zelle, would allow people to

By Hanna Ziady, CNN Business activity across the 20 countries that use the euro expanded in January for the first time in six months, according to data published Tuesday, providing fresh evidence that Europe’s economy could confound expectations and dodge a recession this year. An initial reading of the eurozone’s Purchasing Managers’ Index, which tracks

By Allison Morrow, CNN Reporters often joke that journalists are going to the “dark side” when they go into PR. After reading about Geoff Morrell, a hero I didn’t know I needed, I understand the temptation. Here’s the deal: A regulatory filing from Disney last week, first reported by the Wall Street Journal, has put

By Ramishah Maruf, CNN Citing “rising crime and vagrancy,” Chase Bank has shuttered 24-hour access to some of its New York ATMs. Select ATM vestibules are closing at 5 pm or 6 pm, aligning more closely with normal branch hours, the bank tweeted in response to a complaint last week. A JPMorgan Chase spokesperson said

By Julia Horowitz and Mia Alberti, CNN The two biggest economies in South America are starting talks to create a common currency. Analysts are skeptical. Brazil’s President Luiz Inacio “Lula” da Silva and Argentina’s President Alberto Fernández wrote in a joint piece published in Argentinian paper Perfil Sunday that they wanted to foster greater integration

By Danielle Wiener-Bronner, CNN After causing outrage by making over the Green M&M and launching a special bag featuring its new Purple character in honor of International Women’s Day, M&M’S says it is taking a step back from its candy reps — sort of. “In the last year, we’ve made some changes to our beloved