Category Archives: CNN – Business

Wynn Resorts wants to bring ‘gaming’ to the UAE
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Wynn Resorts wants to bring ‘gaming’ to the UAE

Casino operator Wynn Resorts has inked a deal to build a luxury resort in Ras Al Khaimah in the United Arab Emirates. “The planned destination will feature a luxury hotel with more than 1,000 rooms, world-class shopping, state-of-the-art meeting and convention facility, an exclusive spa, more than 10 restaurants and lounges, extensive entertainment choices, a…MORE

McDonald’s is selling fan-made menu hacks
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McDonald’s is selling fan-made menu hacks

McDonald’s fans have long been creating menu hacks like using hash browns as a bun. Now the chain is putting some of them on the menu. Beginning January 31 and for a limited time, McDonald’s will sell four menu hacks popularized by its biggest fans. It’s the first-time ever that McDonald’s has sold “hacks” by…MORE

Surging food prices are hurting those who can least afford it. This is what needs to happen
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Surging food prices are hurting those who can least afford it. This is what needs to happen

Prices are rising for nearly everything, biting into everyone’s income. But the surging cost of food, specifically, hits especially hard, exacerbating the wealth and income disparities between the richest and poorest Americans. The Federal Reserve has been patient throughout the Covid-19 pandemic about achieving full employment to help the broadest set of Americans. Now, it…MORE

Most major employers are keeping vaccine mandate for workers, despite Supreme Court ruling
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Most major employers are keeping vaccine mandate for workers, despite Supreme Court ruling

Many major employers are going ahead with policies to require employees to take steps to combat Covid-19, even if the Supreme Court says they don’t have to do so. A survey by management consultant Gartner of more than 200 major employers last week found 30% still are requiring or will require their employees to get…MORE

Rate hikes have been good for stocks. This time might be different
TIMOTHY A. CLARY/AFP/Getty Images

Rate hikes have been good for stocks. This time might be different

The market has churned intensely this week as investors get to grips with expectations that the Federal Reserve will soon begin aggressively hiking interest rates in an effort to cap surging inflation. What’s happening: Trading on Tuesday was another rollercoaster ride, with the S&P 500, Dow and Nasdaq Composite all finishing in the red. Recent…MORE

It sure looks like GM is about to pull the plug on the Bolt

It sure looks like GM is about to pull the plug on the Bolt

Time could be running out for the Chevrolet Bolt, the electric vehicle that only five years ago was positioned as General Motors’ best chance to overtake Tesla. On Tuesday, GM announced a $35 billion investment in EVs by 2025, including $4 billion to build electric versions of its best-selling pickups, the Chevy Silverado and GMC…MORE

A year after GameStop mania, meme stocks have tumbled
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A year after GameStop mania, meme stocks have tumbled

It’s been a little more than a year since the meme mania in GameStop began. It’s shaped up to be, to put it extremely mildly, a wild ride for it and other meme stocks like movie theater chain AMC ever since. GameStop and AMC are up sharply from a year ago, but they’re off to…MORE

Why economists believe 2021 ended on a high note despite Omicron
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Why economists believe 2021 ended on a high note despite Omicron

The Omicron variant put America’s recovery through the ringer. But the post-Thanksgiving timing may mean the economic scorecard for the final quarter of 2021 could still look decent. At least that’s what economists are hoping. Omicron caused infections to skyrocket, businesses to struggle and workers to stay home sick in late December. But before the…MORE

‘Fight Club’ has a new ending in China. And this time, the authorities win
Fox 2000 Pictures,

‘Fight Club’ has a new ending in China. And this time, the authorities win

More than two decades after its release, “Fight Club” has been given a very different ending in China — and this time, the authorities win. Chinese fans of David Fincher’s cult classic were enraged over the weekend when they noticed a version of the movie available on popular Chinese streaming platform Tencent Video completely removes…MORE

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