CNN – Business/Consumer

By Hanna Ziady, CNN London (CNN) — Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers. In a statement Monday, the German automaker, one of the world’s biggest car companies, said that

By Gloria Pazmino and Chris Isidore, CNN (CNN) — Baltimore hotel workers are joining a massive nationwide strike against three major hotel chains during one of the biggest travel holidays of the year. Unite Here, the union representing hotel workers, said approximately 200 hotel workers walked off the job in Baltimore at the Hilton Inner

By Jeanne Sahadi, CNN New York (CNN) — A Texas judge late last month struck down a nationwide ban on noncompete agreements that was supposed to take effect this Wednesday. Existing noncompete agreements will therefore now remain in place. And employers may still ask you to sign one as a condition of employment. That is,

By Liam Reilly, CNN New York (CNN) — Disney on Sunday pulled its ABC stations, ESPN and other cable networks from DirecTV’s lineup as the two companies failed to reach a new distribution deal, leaving millions of sports fans in the dark as the college football and NFL seasons get underway. The expiration of an

Chris Isidore New York (CNN) — More than 10,000 hotel workers at 24 hotels stretching from Boston to the West Coast to Hawaii went on strike early Sunday morning, disrupting travel during a busy Labor Day weekend. The hotels are reportedly still open but guests will deal with a skeleton staff unable to provide full

By Chris Isidore, CNN New York (CNN) — Boeing has experienced all manner of bad news in the last six years, and almost nothing but problems. Later this month it could add a strike by 32,000 workers to its list of woes. The contract between Boeing and the International Association of Machinists is due to

By Ramishah Maruf, CNN New York (CNN) — Labor Day is on Monday, September 2. The holiday marks the unofficial end of summer 2024. As students begin to head back to school, many Americans enjoy one last long weekend to host a summer barbecue or make a beach trip. The first Monday in September commemorates the

By Samra Zulfaqar, Nodoka Katsura and Rinka Tonsho, CNN Tokyo (CNN) — Yuki Watanabe used to spend 12 hours every day toiling away in the office. And that’s considered a short day. A typical 9-to-9 workday is the bare minimum. “The latest I would leave [the office] would be 11 p.m.,” said the 24-year-old, who

By Robert Ilich, CNN (CNN) — When British rock band Oasis announced a reunion tour this week there was a predictable frenzy for tickets to the 17 dates. Perhaps also predictably, there have been complaints and frustration with the ticket-buying process due to heavy demand. Tickets went on general sale on Saturday at 9 a.m.

By Nathaniel Meyersohn, CNN New York (CNN) — In the 1984 rom-com “The Lonely Guy,” a crowded restaurant goes silent when Steve Martin tells the host he wants a table for dinner alone. A spotlight shines on him as he walks awkwardly to his seat. Too embarrassed to acknowledge he’s having dinner out by himself,

By Liam Reilly, CNN New York (CNN) — Podcasting superstars are taking their fame to new heights as media companies offer nine-figure deals for the rights to their shows. NFL brothers Travis and Jason Kelce’s $100 million deal this week with Amazon’s podcasting studio, Wondery, marked the latest high-priced deal in 2024, highlighting a major shift in the

By Ramishah Maruf, CNN New York (CNN) — Nothing says fall like a pumpkin spice latte. And over the past decade, that sentiment now includes baking pumpkin spice muffins, pouring pumpkin spice booze, lighting a pumpkin spice candle, throwing a pumpkin spice dog treat and, yes, even taking out pumpkin spice trash bags and using

By Jordan Valinsky, CNN New York (CNN) — Tickets for Oasis, the biggest rock band to come out of Britain in the last 30 years, go on pre-sale Friday afternoon in the UK and Ireland, ahead of a general sale Saturday that will likely be met with heavy demand. The Oasis Live ’25 Tour begins

By Alicia Wallace, CNN (CNN) — The Federal Reserve’s go-to inflation gauge held at 2.5% in July, Commerce Department data showed Friday. That’s better than anticipated and shows progress — but still underscores the bumpy process for inflation’s descent. Friday’s report also reaffirmed that the backbone of the US economy — the consumer — is

By Matt Egan, CNN New York (CNN) — Labor Day weekend travelers can look forward to lower prices at the gas pump. GasBuddy is projecting the national average price of gas on Labor Day will be $3.27 a gallon – the cheapest for the holiday since 2021. That amounts to a decline of 50 cents,

By Hadas Gold, Kristen Holmes and Priscilla Alvarez, CNN New York (CNN) — ABC News intends to mute the microphones of Donald Trump and Kamala Harris while their opponent speaks during an upcoming presidential debate, according to a copy of the formal rules obtained by CNN, but the Harris campaign is continuing to push back

By Nathaniel Meyersohn, CNN New York (CNN) — Ford is changing some of its diversity and inclusion policies, joining a growing list of companies altering their approaches amid a changing legal and political environment and online pressure from the right. Ford CEO Jim Farley said in an email to employees Wednesday that the company has

By Duarte Mendonca, CNN (CNN) — Elon Musk has stepped up online attacks on a Supreme Court judge threatening to suspend social media platform X in Brazil, calling him “an evil dictator” in an ongoing feud between the two men. Justice Alexandre de Moraes had threatened to suspend X if Musk did not appoint a

By Jordan Valinsky, CNN New York (CNN) — Low-income consumers feeling a pinch in the economy are leading to lower-than-expected sales for Dollar General, as the budget-friendly retailer slashed its sales and profit outlook for the year. Its shares sank nearly 30% in afternoon trading following the release of its earnings Thursday, in which the