Category Archives: CNN – Business

Trump says right-wing voices are being censored. The data says something else

Trump says right-wing voices are being censored. The data says something else

President Donald Trump has angrily complained this week about social media companies, repeatedly accusing them of censoring conservative voices and going as far as to sign an executive order Thursday seeking to limit their power. But data from Facebook, the world’s largest social media company, pours cold water on the assertion that conservative voices are…MORE

Adidas and Allbirds are teaming up to create a shoe with zero carbon footprint

Adidas and Allbirds are teaming up to create a shoe with zero carbon footprint

After exchanging some cheeky messages on social media in the wee hours of Thursday morning, Adidas and Allbirds are linking up. (Sneaker companies, they’re just like us!) The sportswear company and sustainability-focused Silicon Valley-based shoemaker are joining forces to create a high performance sneaker with the lowest possible carbon emissions. It’s an unusual partnership of…MORE

JCPenney reopens 150 stores

JCPenney reopens 150 stores

JCPenney, which filed for bankruptcy just two weeks ago, is in the process of reopening hundreds of stores. The retailer said that it reopened its doors at 150 stores in 27 states. The stores had been closed because of health concerns and stay-at-home orders prompted by the Covid-19 pandemic. The newly reopened JCPenney stores brought…MORE

The pandemic is changing how much frozen food we buy

The pandemic is changing how much frozen food we buy

Pantry-loading has extended into freezer-stuffing in the pandemic, and that means frozen food items like Stouffer’s Lasagna, Hot Pockets and Marie Callender’s pies are flying off shelves. Americans shelled out $15.5 billion in the frozen food aisles during the 11 weeks that ended on May 16, 2020, a 40.2% increase from the comparable year-ago period,…MORE

Fresh air, bright lights and no clutter: What makes a pandemic-friendly restaurant

Fresh air, bright lights and no clutter: What makes a pandemic-friendly restaurant

Restaurants are starting to open their doors again as states ease pandemic-related regulations. But it’s far from business as usual. In addition to following new social distancing and hygiene rules, restaurants have to figure out how to get customers in the door. Understanding what consumers are looking for right now will help. Enter Tanya Spaulding,…MORE

Carl Icahn lost $2 billion betting on Hertz

Carl Icahn lost $2 billion betting on Hertz

Carl Icahn believed in Hertz right up until the end. And it cost him $2 billion. Icahn was the largest shareholder in Hertz, which filed for bankruptcy late Friday night. The activist investor took a stake in Hertz in 2014 and held it through early March of this year — even as the Covid-19 outbreak…MORE

Analysis: Trump’s crackdown on Big Tech is misguided

Analysis: Trump’s crackdown on Big Tech is misguided

President Trump loves to boast about how well the stock market has done during his tenure. That makes his recent threats to rein in big tech and social media firms all the more puzzling. Trump’s fury over being fact checked by Twitter about claims of election fraud with mail-in ballots has led him to threaten…MORE

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