Category Archives: CNN – Business

Here’s how a new labor rule could make things tougher for millions of employees

Here’s how a new labor rule could make things tougher for millions of employees

A new rule from the National Labor Relations Board could limit the responsibility of franchise operators, such as McDonald’s, for the millions of employees who work for their franchisees. The rule involves what is known as joint-employer status for that group of employees. The final rule issued Tuesday by the three Republican members of the…MORE

Natural grocery stores are at risk as organic goes mainstream

Natural grocery stores are at risk as organic goes mainstream

In the span of just eight days, two natural and organic grocery chains filed for bankruptcy. The one-two-punch of insolvencies at Lucky’s Market and Earth Fare came at a time when natural foods grocers no longer serve as the gatekeepers for the health-centric products they sell. Once-niche organic products have gone mainstream. It’s the conventional…MORE

Procter & Gamble launches a new cleaning brand that disinfects without wiping

Procter & Gamble launches a new cleaning brand that disinfects without wiping

Procter & Gamble is introducing a new cleaning brand that the consumer product giant hopes will be its latest hit. On Monday, P&G, the manufacturer of big brands like Bounty, Charmin and Febreze, announced the launch of Microban 24, a line of surface antibacterial cleaning products that the company says kills bacteria for 24 hours.…MORE

Wall Street’s UFO sighting: More to space stocks than Virgin Galactic

Wall Street’s UFO sighting: More to space stocks than Virgin Galactic

Richard Branson’s Virgin Galactic has been on a tear this year. The stock is up 200% so far in 2020 and even rallied Monday as the Dow plummeted more than 1,000 points. Apparently in space, nobody can hear you scream coronavirus (or bubble). Virgin Galactic will report its latest quarterly results after the closing bell…MORE

This is Amazon’s newest grocery store concept

This is Amazon’s newest grocery store concept

Amazon owns around 500 Whole Foods stores. But the company’s plan to win more of America’s grocery spending stretches far beyond operating an organic chain. Amazon on Tuesday announced the opening of a new, larger Amazon Go cashier-less grocery store in downtown Seattle, the company’s hometown. It’s the latest step in Amazon’s grocery push and…MORE

Dow tumbles nearly 900 points as coronavirus fears continue

Dow tumbles nearly 900 points as coronavirus fears continue

US markets plummeted for the second straight day Tuesday, adding to Monday’s sharp losses as news about the spread of coronavirus gripped jittery investors. The Dow finished 879 points, or about 3.2% lower, bringing the index’s total loss over the past four days to about 2,267. The index’s gains for the year had been wiped…MORE

Investors are running for cover. Can stocks bounce back?

Investors are running for cover. Can stocks bounce back?

It’s a reckoning in global markets. Investors had been too sanguine on the risk for the coronavirus to dent global growth. Faced with new cases in Italy and South Korea, strains in global supply chains and new profit warnings, investors ran for cover. In classic risk-off mode, investors sold stocks and bought bonds and gold…MORE

Colgate toothpaste goes vegan, organic and all-natural

Colgate toothpaste goes vegan, organic and all-natural

Colgate has unveiled a line of organic, vegan, gluten-free products that have no preservatives, artificial flavors, sweeteners or colors. They sound like part of the latest natural food trend … but the products are toothpaste, mouthwash and toothbrushes. Colgate-Palmolive on Monday announced the launch of Colgate Zero products, which appear to be aimed at the…MORE

Biotech company Moderna says its coronavirus vaccine is ready for first tests

Biotech company Moderna says its coronavirus vaccine is ready for first tests

US biotech firm Moderna has shipped an experimental coronavirus vaccine to US government researchers just six weeks after it started working on the immunization. Initial trials of the potential vaccine could begin in April, but the process of testing and approvals would last at least a year. Moderna said in a statement Monday that the…MORE

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