Schnucks opens latest store at Battle Crossing
Schnucks opened its third store in Columbia and fourth store in Mid-Missouri at the Battle Crossing location at 5410 Clark Lane in Columbia on Wednesday.
Continue ReadingSchnucks opened its third store in Columbia and fourth store in Mid-Missouri at the Battle Crossing location at 5410 Clark Lane in Columbia on Wednesday.
Continue ReadingBy Sara Ashley O’Brien, CNN Business Instacart wants to help grocery stores get in on the ultra-fast delivery craze. The on-demand grocery delivery company on Wednesday announced several new services for retail partners, including one called Carrot Warehouses, which promises to help grocers build out the infrastructure to support 15-minute deliveries. That would cut Instacart’s
Continue ReadingBy Matt McFarland, CNN Business Tesla recently issued four vehicle recalls in a 12-day span. But Tesla owners did not have to rush their cars to the nearest dealership to fix the safety issues, which ranged from its “full self-driving” driver assist function rolling through stop signs, to some windshields not properly defrosting. Instead, Tesla
Continue ReadingBy Jennifer Korn, CNN Business Mackenzie Scott said Wednesday she has donated more than $3.8 billion to 465 organizations since June. In a Medium post, Scott said her team’s focus in the past nine months continued to be helping underrepresented people from various backgrounds and communities. The billionaire philanthropist gave money to Planned Parenthood locations
Continue ReadingBy Frank Pallotta, CNN Business Amazon has found its announcers for “Thursday Night Football.” Al Michaels and Kirk Herbstreit will be the play-by-play announcers for Amazon Prime Video’s exclusive coverage of “Thursday Night Football” starting next season, kicking off with a September 15 telecast. Landing Michaels, one of the most iconic announcers in sports history,
Continue ReadingBy Paul R. La Monica, CNN Business Here’s a promising sign from Wall Street: Transportation stocks are leading the stock market this year, and that could bode well for the broader economy. The Dow Jones Transportation Average, a group of 20 stocks that includes major railroads, truckers, airlines and freight companies, is up about 7%
Continue ReadingBy Matt Egan, CNN Business Oil prices rose sharply Wednesday after Russia warned a major oil pipeline could be out of service for more than a month due to storm damage, amplifying supply shortfalls caused by the war in Ukraine. News of the outage helped drive US oil prices 5.2% higher to settle at $114.93
Continue ReadingBy Jordan Valinsky, CNN Business Following criticism from Ukraine’s president over Nestlé’s ties to Russia, the company is halting the sale of more of its brands in the country. “Going forward, we are suspending renowned Nestlé brands such as KitKat and Nesquik, among others,” the Swiss multinational brand said in a statement. “We have already
Continue ReadingBy Jeanne Sahadi, CNN Business Wall Street firms have figured out a way to beat inflation for their employees: Just hike annual bonuses to record amounts. The average Wall Street bonus for 2021 hit a record high of $257,500, up 20% from $213,700 the year before, according to estimates released Wednesday by New York State
Continue ReadingBy Anna Bahney, CNN Business The cost of monthly rent reached a new high in February, with the typical apartment now $283 more expensive each month than it was two years ago, before the onset of the pandemic. The national median rent was $1,792 last month, up 17% from a year ago, according to a
Continue ReadingBy Danielle Wiener-Bronner, CNN Business If you’ve found yourself struggling to find Pillsbury dough or Totino’s pizza rolls lately, it’s not you. It’s General Mills. The company has been struggling to meet demand for its refrigerated pizza and dough in the United States. Typically, General Mills likes to be able to meet customer demand 98%
Continue ReadingBy Danielle Wiener-Bronner, CNN Business If you’ve found yourself struggling to find Pillsbury dough or Totino’s pizza rolls lately, it’s not you. It’s General Mills. The company has been struggling to meet demand for its refrigerated pizza and dough in the United States. Typically, General Mills likes to be able to meet customer demand 98%
Continue ReadingBy Stephanie Busari, CNN Africa’s richest man Aliko Dangote opened the continent’s largest fertilizer plant this week as war in Ukraine cuts off supplies from Russia, threatening a global food crisis. The $2.5 billion urea and ammonia fertilizer plant was commissioned by Nigeria’s President Muhammadu Buhari in Lagos, where Dangote is also due to open
Continue ReadingBy Rishi Iyengar, CNN Business As Russia’s war in Ukraine and its diplomatic conflict with the United States both continue to escalate, the warnings that Russian hackers could go after US businesses have gained new urgency. US President Joe Biden on Monday urged business leaders to strengthen their online defenses, warning that his Russian counterpart
Continue ReadingBy Rishi Iyengar, CNN Business As Russia’s war in Ukraine and its diplomatic conflict with the United States both continue to escalate, the warnings that Russian hackers could go after US businesses have gained new urgency. US President Joe Biden on Monday urged business leaders to strengthen their online defenses, warning that his Russian counterpart
Continue ReadingBy Nathaniel Meyersohn, CNN Business Following a landmark Supreme Court decision last year that opened the door for college athletes to make money, sponsors have scrambled to nab the highest-profile NCAA players. But Adidas is playing the game differently. Rather than exclusively going after individual sponsorship deals, Adidas announced Wednesday that it will create a
Continue ReadingBy Samantha Murphy Kelly, CNN Business Instagram is bringing back a version of its news feed that sorts posts in reverse chronological order rather than ranked according to the platform’s algorithms. However, the company said it will leave its algorithm ranking method on by default. The new option, which rolls out to users globally on
Continue ReadingBy Matt Egan JPMorgan Chase CEO Jamie Dimon urged President Joe Biden in an off-the-record meeting this week to develop a “Marshall Plan” to fortify the energy security of the United States and Europe, a person familiar with the matter confirmed to CNN Wednesday. Dimon’s comments came during a Monday meeting of business leaders and
Continue ReadingBy Anna Cooban, CNN Business The UK government is cutting payroll taxes and duties on fuel in an attempt to take some of the sting out of the worst cost of living crisis in decades. But it resisted calls to impose a new windfall tax on oil company profits to raise money to fund more
Continue ReadingBy Chris Isidore, CNN Business US drivers got a slight — very slight — break on prices this weekend as the AAA average for a gallon of unleaded gas fell below the $5 mark. The average price Sunday was $4.98 a gallon, down from $4.99 in Saturday’s reading. The average gas price had been $5
Continue Reading