CNN – Business/Consumer

By Danielle Wiener-Bronner, CNN Business Popeyes has big expansion plans for 2022. The chicken chain is set to open more than 200 new locations in the United States and Canada this year, the company announced Tuesday. Popeyes also said it will launch additional locations in several other places around the world, including in South Korea,

By Julia Horowitz, CNN Business The International Monetary Fund has slashed its expectations for global economic growth over the next two years because of Russia’s invasion of Ukraine, comparing the ripple effects from the conflict to an “earthquake.” “The economic effects of the war are spreading far and wide,” the organization said in its latest

By Brian Stelter, CNN Business Joe Kahn, the managing editor of The New York Times, will succeed Dean Baquet as executive editor in June. Kahn, a 24-year veteran of the news organization and Baquet’s second in command, was thought to be the favorite for the top Times newsroom job. Publisher A. G. Sulzberger confirmed it

By Julia Horowitz, CNN Business As the World Bank and the International Monetary Fund kick off their spring meetings this week, both are sounding a warning: The global economy, they say, is quickly losing steam. What’s happening: The World Bank has slashed its forecast for global growth in 2022 to 3.2% from 4.1%, anticipating a

By Pete Muntean and Dave Alsup, CNN After a federal judge in Florida struck down the Biden administration’s mask mandate for airplanes and other public transport methods, airlines are starting to act. Several US airlines announced Monday that masks are now optional on their aircraft — Delta Air Lines, American Airlines, United Airlines, Southwest Airlines,

By Chris Isidore and Sara Ashley O’Brien, CNN Business Some employees at the Apple store at New York’s Grand Central Terminal are seeking to form a union, the latest high-profile labor organizing effort to take root in the pandemic era. A person familiar with the matter told CNN Business that workers at the Grand Central

By Matt Egan, CNN Business Natural gas futures surged on Monday to levels unseen since 2008 as the Northeast braces for a rare April blast of heavy snow. The looming nor’easter will force millions of families to crank up the heat in the coming days, driving up demand for natural gas, the most popular way

By Matt Egan Faced with a white-hot real estate market, renters are losing confidence they will ever own a home. On average only 43.3% of renters expect to own a home at some point in the future, down sharply from 51.6% in 2021, according to a Federal Reserve Bank of New York survey released on

By Paul R. La Monica, CNN Business Tesla is in a highly competitive electric car market. It has no chief operating officer. And CEO Elon Musk was already busy juggling leadership roles at SpaceX, The Boring Company and Neuralink before he launched an unsolicited takeover offer for Twitter. That’s a lot of distractions. And it

By Uliana Pavlova, Chris Liakos and Anna Cooban, CNN Business The exodus of Western companies from Russia could cost hundreds of thousands of jobs in Moscow alone. The city’s mayor, Sergey Sobyanin, said in a blog post Monday that 200,000 people were at risk of losing their jobs. Authorities were setting aside 3.36 billion rubles

By Oliver Darcy, CNN Business Three companies tied to the far-right conspiracy theorist Alex Jones, including his fringe media organization InfoWars, are seeking bankruptcy protection, according to court documents filed Sunday. The move, which could pause civil litigation against the companies, comes after Jones was found legally responsible for damages in three defamation lawsuits related