Nurse says patients in ICU with Covid-19 begging for vaccine
CNN’s Randi Kaye spoke to Nurse Tammy Daniel in a Jacksonville hospital about Covid-19 patients begging for vaccines.
Continue ReadingCNN’s Randi Kaye spoke to Nurse Tammy Daniel in a Jacksonville hospital about Covid-19 patients begging for vaccines.
Continue ReadingBy Frank Pallotta, CNN Business Disney World and Disneyland, the two crown jewels of Disney’s parks unit, will again require masks indoors. The company announced on Wednesday that it was adapting its health and safety guidelines based on “guidance from health and government officials.” The resorts — which are located in Orlando, Florida and Anaheim,
Continue ReadingBy Andy Rose, CNN Business Infomercial king Ron Popeil died “suddenly and peacefully” Wednesday at Cedars Sinai Medical Center in Los Angeles, according to a statement provided to CNN by Popeil representative Eric Ortner. He was 86. Popeil started his sales career in Chicago-area flea markets at the age of 16, according to his official
Continue ReadingBy Matt Egan, CNN Business Robinhood’s highly-anticipated debut on Wall Street is getting off to a rough start. The fast-growing trading company failed to raise as much money as it had hoped. Robinhood’s initial public offering priced at $38 a share, the low end of the expected range. That suggests demand for the controversial company
Continue ReadingBy Alexis Benveniste, CNN Business Corporate America is getting serious about vaccines. In the last week, companies from Disney to Walmart to Google have begun mandating their employees get shots to protect against Covid-19. Even famed restaurateur Danny Meyer said it’s not just his employees who must be vaccinated: He won’t serve customers in his
Continue ReadingBy Chris Isidore, CNN Business Ford overcame the effects of the chip shortage to post a narrow profit in the second quarter, and said it expects much better times in the second half of this year. Ford earned net income of $561 million in the quarter, about half of what it earned a year earlier
Continue ReadingBy Clare Duffy, CNN Business Facebook’s business is soaring, but the boom times may not last. Facebook on Wednesday reported revenue of nearly $29.1 billion for the three months ended June 30, a 56% jump from the same period last year when online advertising took a hit as businesses grappled with Covid-19. The company also
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Coffee prices are surging. But that won’t make a difference in how much you spend on a cup of joe at Starbucks. Higher input costs have been prompting companies across industries to charge their customers more. Household furnishings are more expensive. Cereal boxes are shrinking while prices stay the same
Continue ReadingThe Federal Reserve is confident that inflation will go down and left interest rates and monetary policy unchanged due to the incomplete economic recovery. CNN’s Clare Sebastian reports.
Continue ReadingBy Nathaniel Meyersohn, CNN Business Stores are re-evaluating their mask policies after the US Centers for Disease Control and Prevention updated guidance Tuesday to recommend that fully vaccinated people wear masks indoors in areas with high transmission of Covid-19, which includes nearly two-thirds of all US counties. The CDC’s new guidance was in response to
Continue ReadingBy Clare Duffy, CNN Business Google and Facebook on Wednesday became two of the first major Silicon Valley firms to say they will require employees to be vaccinated when they return to the company’s campuses. In an email to staff, Google CEO Sundar Pichai said the policy would roll out in the United States in
Continue ReadingBy Parija Kavilanz, CNN Business You can now add toys to the growing list of products that global supply chain woes have made more expensive to produce. Toymaker Mattel whose brands include Barbie, Hot Wheels, Fisher-Price and American Girl, said in an earnings conference call on Tuesday that it is raising prices in the second
Continue ReadingMattel CEO Ynon Kreiz breaks down the toy giant’s strong second quarter earnings and why he believes it will continue to thrive for the rest of the fiscal year.
Continue ReadingBy Anneken Tappe, CNN Business The Federal Reserve left interest rates and monetary policy unchanged on Wednesday, pointing to the nation’s as yet incomplete economic recovery. “The path of the economy continues to depend on the course of the virus,” the central bank said in a statement. While vaccinations are helping to limit the virus
Continue ReadingBy Jeanne Sahadi, CNN Business Most employers have not outright mandated Covid vaccines as a condition of employment for their current staff … at least not yet. Instead, many have “strongly encouraged” employees to get vaccinated and, in some cases, incentivized them with things like cash or more time off. But given the precipitous rise
Continue ReadingBy Chauncey Alcorn, CNN Business Simone Biles’ sponsors offered statements of support Wednesday following her decision to pull out of Thursday’s individual, all-around gymnastics competition at the Tokyo Olympics. The 24-year-old champion cited mental health concerns as the reason for her earlier withdrawal from Tuesday’s team competition during interviews with reporters in Tokyo. Biles may
Continue ReadingCNN’s Brianna Keilar responds to critics of Simone Biles after the Olympic gymnast withdrew from the individual all-round competition at the Tokyo 2020 games to focus on her mental health.
Continue ReadingOpinion by Rosabeth Moss Kanter for CNN Business Perspectives As the economy continues to reopen, labor market turbulence is on the rise. Workers are leaving their jobs in favor of new careers or locations, and some aren’t going back to work at all, leaving critical jobs unfilled. To deal with labor shortages, employers must go
Continue ReadingBy Moira Ritter, CNN Business New car inventories, strained for months by a global semiconductor shortage and supply chain disruptions, aren’t expected to begin recovering until September -— and will remain well below their pre-pandemic levels through next year, according to Goldman Sachs. Automakers in recent weeks have sharply revised down their production schedules as
Continue ReadingBy Peter Valdes-Dapena, CNN Business Pat Shozo has been trying to buy a used car for his son who’s going to attend college in the fall. But after looking for more than three months, Shozo, who lives near Los Angeles, said he’s ready to give up. “Everything’s so inflated,” he said. “It’s actually absurd.” Prices
Continue Reading