Money

By Nathaniel Meyersohn, CNN Business No one has ever confused the service at fast food joints for luxury hotels. But two decades ago, Chick-fil-A borrowed a tactic from The Ritz-Carlton that would become a central element of its brand culture: Employees replying to customers who thank them by saying “my pleasure,” instead of “you’re welcome”

By Julia Horowitz, CNN Business When people took to the streets in Egypt in 2011, protesters chanted about freedom and social justice — but also bread. The cost of pantry staples had jumped because of the skyrocketing price of goods like wheat, stoking fury with President Hosni Mubarak. Now, more than a decade after the

By Frank Pallotta, CNN Business “Dancing with the Stars” is headed to streaming. Disney announced Friday that the series, in which celebrities compete to be named the best ballroom dancer, will exclusively air on Disney+ in the US and Canada starting in the fall. It’s the first live series to debut on the streaming service,

By Paul R. La Monica, CNN Business The globally loved Formula 1 racing is winning more US fans, thanks largely to Netflix’s popular “Drive to Survive” reality show and ESPN’s coverage of the races. And F1’s stock is red hot, too. The company is owned by Liberty Media — the conglomerate controlled by John Malone

By Anna Cooban, CNN Business European leaders have agreed to phase out Russian coal imports as part of a new package of sanctions triggered by evidence of atrocities in Bucha, Ukraine. An oil embargo could be next. All forms of Russian coal will be banned from the European Union, a move that the European Commission

By Julia Horowitz, CNN Business Investors are worried that the risks of a recession are rising in the United States. In Europe, they fear economies could also stall while inflation soars, delivering the toxic combination known as “stagflation.” That’s encouraging Wall Street to buy up defensive stocks that have historically performed well even under difficult

By Chris Liakos and Anna Cooban, CNN Business Russian metals company Rusal has called for an investigation into the killing of civilians in Bucha, a suburb of the Ukrainian capital Kiev. Rusal Chairman Bernard Zonneveld said in a statement that recent reports of atrocities from the town, which was occupied by Russian troops for a

By Danielle Wiener-Bronner, CNN Business A deadly and highly infectious avian flu is forcing US farmers to kill millions of egg-laying hens, reducing the country’s egg supply and driving up prices. On Thursday, retailers paid between $2.80 and $2.89 for a dozen large grade A white eggs in the Midwest, according to the USDA’s daily