CNN – Business/Consumer

CNN By Kerry Flynn, CNN Business Natalie Morales said farewell on Friday to her viewers and colleagues on “Today” after 22 years at NBC. Morales, who worked as an anchor for “Today” and correspondent for “Dateline NBC,” is leaving the network to join CBS as a host of its afternoon program, “The Talk.” On Friday,

By Kerry Flynn, CNN Business Natalie Morales said farewell on Friday to her viewers and colleagues on “Today” after 22 years at NBC. Morales, who worked as an anchor for “Today” and correspondent for “Dateline NBC,” is leaving the network to join CBS as a host of its afternoon program, “The Talk.” On Friday, “Today”

CNN By Matt Egan, CNN Business The Marriott hotel in Prague refused to host a conference this month aimed at drawing attention to alleged human rights abuses in China, the hotel chain confirmed to CNN on Friday. The Prague Marriott cited “reasons of political neutrality” for its decision to decline to host the World Uyghur

By Walé Azeez, CNN Business The threat by the Women’s Tennis Association (WTA) to quit China after one of its stars, Peng Shuai, disappeared from public view, leaves at least two global brands watching anxiously to see how this will play out. Peng, a two-time former Grand Slam doubles champion, has vanished from the public

CNN By Frank Pallotta, CNN Business In 1984, a film about three New York City owners of an unconventional startup took the country by storm, leading people — young and old — to ask one simple question: “Who you gonna call?” That film was “Ghostbusters,” one of the most successful comedies of all time. Now,

By Matt Egan, CNN Business Democratic Senators Sheldon Whitehouse and Jeff Merkley on Friday came out against to keeping Jerome Powell at the helm of the Federal Reserve due to what they see as his insufficient response to the climate crisis. The opposition further complicates the imminent decision by President Joe Biden on whether to

By Julia Horowitz, CNN Business In spring 2020, in the depths of coronavirus lockdowns, investors couldn’t dump Macy’s stock fast enough. Shares fell as low as $4.38 apiece. That was then. On Thursday, Macy’s stock jumped 21% after the company reported better-than-expected earnings. That brought gains so far this year to more than 230%. A

By Paul R. La Monica, CNN Business It’s no secret that consumers love Amazon, Walmart and Target. But they are not the only retailers that bargain-hunting shoppers — or investors — are expected to flock to during the holidays. With Black Friday a week away, the SPDR S&P Retail ETF is up an astonishing 61%

CNN, KGO, KTRK, WCPO, KCAL, KCBS, KYW By Julia Horowitz, CNN Business For months, there have been warnings to shoppers: Get through your holiday to-do list early. Wait until Black Friday or later, and you may not be able to find what you want. But as stores prepare for the peak of the most important

CNN By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old farmer’s eyes gleam with pride as he recalls watching his grandson do the same. But Singh hasn’t been home to Punjab for one year since he joined farmers at one of three

By Laura He and Paul R. La Monica, CNN Business Shares of Alibaba plummeted in Hong Kong on Friday after the tech giant warned of weaker growth this year as China’s economy slows and Beijing continues its regulatory crackdown. Alibaba dropped 10.7%, the steepest decline since its listing in the city in November 2019. The

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In the words of Committee to Protect Journalists executive director Joel Simon, “To practice journalism in the face of grave danger requires a profound sense of optimism and a sincere

By Manveena Suri, Vedika Sud, Arpit Goel and Rhea Mogul, CNN India’s Prime Minister Narendra Modi said Friday he would repeal three contentious agricultural laws that sparked more than a year of protests, in a rare apparent climb down ahead of pivotal state elections. “Today I have come to tell you, the whole country, that

By Chris Isidore, CNN Business Sean O’Brien will be the next president of the 1.4-million member Teamsters union, succeeding James Hoffa, the son of the union’s most famous leader who has led the union for 23 years. O’Brien, a fourth-generation member of the union, has been a harsh critic of Hoffa and the contract negotiated