Money

By Jordan Valinsky, CNN New York (CNN) — There’s beef cooking between two of the biggest restaurant chains over their respective meal deals. In one corner is Applebee’s, which recently launched a $9.99 “Really Big Meal Deal,” and on the other side is Chili’s, home of the $10.99 promotion that has proven to be a

By Anna Cooban, CNN London (CNN) — Thousands of jobs are on the chopping block at German industrial giant Bosch in yet another blow to the country’s beleaguered economy. A spokesperson for the company told CNN Wednesday that it plans to cut a total of 8,250 jobs globally over the coming years. The axe will

By Jordan Valinsky, CNN New York (CNN) — A cybersecurity attack is hampering some customers from getting their doughnuts at Krispy Kreme, the company revealed Wednesday. The chain said in a regulatory statement that it had detected “unauthorized activity on a portion” of its technology late last month that is still causing “certain operational disruptions,”

By David Goldman, CNN (CNN) — Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of the embarrassing problem. The troubled retailer said its investigation revealed a single, unnamed accounting employee—who was responsible

By Reuters (Reuters) — Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the US on Tuesday accusing them of designing and marketing “ultra-processed” foods to be addictive to children, causing chronic disease. The lawsuit was filed in the Philadelphia Court of Common Pleas by Bryce Martinez, a

By Matt Egan, CNN New York (CNN) — Corporations are scrambling to protect their senior executives as police warn of an elevated near-term threat against business leaders. Boards are reassessing security budgets. And CEOs are being told to delete their digital footprints. The stunning killing of UnitedHealthcare CEO Brian Thompson in Midtown Manhattan last week

By Hadas Gold, CNN (CNN) — A bankruptcy judge has blocked The Onion’s winning bid for Alex Jones’ Infowars conspiracy platform, citing concerns with the auction process which he says left money on the table. “I’m going to not approve the sale to the purchaser. I think there’s a great lack of clarity here,” Judge

By Elisabeth Buchwald, CNN New York (CNN) — From the very moment President-elect Donald Trump takes the oath of office on January 20, he’ll be able to levy tariffs on imports from other nations. On that day, he has already vowed to impose a 25% tariff on Mexican and Canadian imports as well as an

By Jordan Valinsky, CNN New York (CNN) — Walgreens is reportedly looking to take itself private in a deal with Sycamore Partners, sending the stock nearly 20% higher Tuesday. The Wall Street Journal reported that the beleaguered drugstore giant and the private equity firm are discussing a deal that could be completed early next year.

By Chris Isidore, CNN New York (CNN) — More than 33,000 Boeing employees ended their strike a month ago. But planes have only just recently started moving along the assembly lines that were idled by the two-month work stoppage. Production of its 737 Max jet finally resumed Friday, while Boeing said Tuesday that a second

By Jeanne Sahadi, CNN (CNN) — US workers feel relatively satisifed and secure in their jobs and few say they expect to look for a new job in the coming months, but close to a third say they are not satisfied with their pay. That’s according to a new survey of nearly 5,400 US working

By Juliana Liu, CNN Hong Kong (CNN) — Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic interests. Xi made the remarks on Tuesday during a meeting with the heads of several global financial institutions,

By Jordan Valinsky, CNN New York (CNN) — After police found the words “deny,” “defend” and “depose” printed on shell casings near the site where UnitedHealthcare CEO Brian Thompson was gunned down, merchandise bearing those words started to appear online. The phrase might be linked to a 2010 book critiquing the health insurance industry titled,

By Hanna Ziady, CNN London (CNN) — The global airline industry will likely rake in more than $1 trillion in revenue next year, as passenger numbers look set to hit an all-time high of 5 billion, the International Air Transport Association said Tuesday. IATA also predicted that airlines’ average profit per passenger would increase to

By Chris Isidore, CNN New York (CNN) — Juan Soto’s record-shattering $765 million contract with the New York Mets shouldn’t cost the team’s fans a dime for a ticket at Citi Field. But many fans weren’t ready to believe that Monday, when they learned of the record deal that shook the baseball landscape. They’ve watched