CNN – Business/Consumer

Opinion by Denise Hamilton for CNN Business Perspectives Despite promises from across the corporate world to diversify leadership and give people of all backgrounds equal opportunities, women of color remain stuck with little to no progress in sight. A recent study from McKinsey and LeanIn.org found that while women overall have more high-ranking roles than

By Julia Horowitz, CNN Business In late January, there was one question on the minds of investors: How did a struggling mall-based video game retailer became Wall Street’s hottest stock, seemingly overnight? Now, after months of research, the industry’s top regulator has answers — and its findings could pave the way for major reforms to

By Jordan Valinsky, CNN Business Breakfast is back on the menu at Taco Bell, so it’s giving away free food to celebrate. On Thursday, the chain will offer free breakfast burritos at its United States restaurants. The giveaway, which runs between 7 a.m. to 11 a.m., serves as a reminder that breakfast has returned at

By Oliver Darcy, CNN Business Some prominent conservative media figures on Monday dishonestly used the death of former US Secretary of State Colin Powell, who died of Covid-19 complications, to cast doubt on the effectiveness of the coronavirus vaccines. While Powell was fully vaccinated, he was also battling multiple myeloma, a cancer that suppresses the

By Alexandra Meeks, Chris Isidore and Vanessa Yurkevich, CNN Business Approximately 200,000 shipping containers remain on ships off the coast of Los Angeles on Monday as pandemic-related gridlock continues to disrupt various supply chains, according to Gene Seroka, the executive director of the Port of Los Angeles. “We have about two weeks’ worth of work

By Mick Krever and Charles Riley, CNN Business German media group Axel Springer said on Monday that it has fired the editor-in-chief of the Bild newspaper, Julian Reichelt, for failing “to maintain a clear boundary between private and professional matters” and being “untruthful to the executive board.” “Axel Springer SE has relieved Bild editor-in-chief Julian

By Anna Bahney, CNN Business Zillow will stop buying homes through Zillow Offers for the rest of the year, as the company’s iBuying program goes from full speed to full stop. The company announced on Monday it would not contract to buy any more homes in 2021 in order to work through the backlog of

By Nathaniel Meyersohn, CNN Business Amazon plans to add 150,000 temporary workers in the United States for the holiday shopping rush, a 50% increase from the company’s holiday hiring push a year ago. Amazon, like many retailers and logistics companies, is facing challenges hiring workers and is raising pay, dangling bonuses, and expanding benefits in