Money

By Gregory Wallace Citing the “number and significance of recent Norfolk Southern accidents,” federal investigators said Tuesday they will open a special investigation into the railway’s safety culture. The National Transportation Safety Board said the probe encompasses multiple incidents and three deaths since December 2021, including the toxic East Palestine derailment and the employee killed

By Chris Isidore, CNN The US Justice Department is suing to stop JetBlue’s proposed $3.8 billion deal to buy discount carrier Spirit Airlines, the first time in more than 20 years that the government has sought to block a US airline merger. The lawsuit, announced Tuesday by Attorney General Merrick Garland, is not a surprise:

By Danielle Wiener-Bronner, CNN Starbucks interim CEO Howard Schultz will testify before a Senate committee about the company’s labor practices on March 29, a reversal of Schultz’s previous refusal. “I’m happy to announce that Howard Schultz, the CEO and founder of Starbucks, has finally agreed to testify before the Senate HELP Committee,” Senator Bernie Sanders

By Nathaniel Meyersohn, CNN WeightWatchers is getting into the booming prescription weight loss drug business. The company, now known as WW International, will buy Sequence, a telehealth subscription service that connects patients with doctors who can prescribe weight-loss and diabetes drugs, including the hot new diabetes drug Ozempic. WeightWatchers offers subscribers meal plans and other

By Danielle Wiener-Bronner, CNN Vegan Reese’s are happening. Hershey, which makes Reese’s along with Hershey bars, Kisses and other chocolates and candies, announced two new dairy-free products on Tuesday: Reese’s plant-based peanut butter cups, and a vegan chocolate Hershey bar with almonds and sea salt, each made with oats instead of dairy and designed to taste

By Jordan Valinsky, CNN Business Bud Light Seltzer has a problem: People still think there’s beer in the spiked seltzer. More than half of the thousands of people Bud Light Seltzer surveyed incorrectly believe that the alcoholic seltzer contains beer, which is a self-admitted problem for the three-year-old brand because it’s a “barrier to people

By Jessie Gretener and Anna Cooban, CNN Some fans of the Eurovision Song Contest were unable to access Ticketmaster’s website Tuesday, almost four months after the ticketing platform crashed under the weight of huge demand for tickets to Taylor Swift concerts. According to PA Media, the Eurovision tickets were scheduled to be released at 7

By Alicia Wallace, CNN Federal Reserve Chairman Jerome Powell was on Capitol Hill Tuesday for the first part of his two-day semiannual monetary policy testimony before Congress. After Powell delivered remarks about the economy, inflation and the Fed’s actions to date, the head of the US central bank was peppered with questions from Senate Banking