By Alicia Wallace, CNN Business Your next can of craft beer might be a lot more expensive. Ball Corp., one of the world’s largest suppliers of aluminum cans, is sending shockwaves throughout the craft beer world after lifting the minimum number of cans certain producers must order and saying it will raise prices. Ball said
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By Nathaniel Meyersohn, CNN Business Many Americans are shopping small Saturday to support mom-and-pop clothing, toy, furniture, sporting goods, hardware and electronics’ stores. But this year’s Small Business Saturday promotion is unlikely to change the fortunes of independent shops in America, which have diverged dramatically from their larger rivals. Small retailers have been squeezed out
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COLUMBIA, Mo. (KMIZ) This year, there’s a different presence in downtown Columbia than there was on Black Friday amidst the 2020 COVID-19 pandemic. Matt Mccormick, who works for the Columbia Chamber of Commerce, says a lot more people are out shopping for Black Friday when comparing last year. However, many people are starting to rely
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By Nathaniel Meyersohn, CNN Business Black Friday doesn’t carry the significance it once did for many US shoppers — blame the rise of online shopping holiday “Cyber Monday” and then Covid-19’s impact on retail. But customers are still dishing out more money for clothing, electronics and other items this Black Friday as they return to
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By Samantha Murphy Kelly, CNN Business Meditation toys to help kids manage their feelings. A Lego kit for coding, with a focus on problem-solving skills. And an Amazon video chat portal that uses holograms, games and puzzles to keep little ones engaged on calls. A recent crop of toys and products that launched during the
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By Jackie Wattles, CNN Business Procter & Gamble Co. issued a recall for more than a dozen Old Spice and Secret-branded aerosol deodorants and sprays, warning that the products could contain benzene, a cancer-causing agent. The recall notice, published earlier this week, noted that the affected products likely will not expose people to levels of
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By Frank Pallotta, CNN Business This Thanksgiving weekend is offering a box office feast with two genres that have been lacking on the menu so far this year: family movies and non-franchise films aimed at adults. Disney’s “Encanto,” an animated film featuring music written by “Hamilton” creator Lin-Manuel Miranda, is expected to have a $35
Continue Reading By Frank Pallotta, CNN Business This Thanksgiving weekend is offering a box office feast with two genres that have been lacking on the menu so far this year: family movies and non-franchise films aimed at adults. Disney’s “Encanto,” an animated film featuring music written by “Hamilton” creator Lin-Manuel Miranda, is expected to have a $35
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By Anneken Tappe Wall Street was in a frenzy on Black Friday as stocks around the world tumbled in the face of a new Covid-19 variant. US equities took a dive at the open and continued their downward path, resulting in a terrible day for the stock market and the worst day for the Dow
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By Michelle Toh and Mark Thompson, CNN Business Stocks in Asia fell on Monday while European markets and US futures edged higher as investors continued to digest news about a new Covid-19 variant. Japan’s Nikkei 225 closed down about 1.6%, while Hong Kong’s Hang Seng Index fell nearly 1%. European markets rebounded slightly from heavy
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By Walé Azeez, CNN Business Amazon is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year begins. Labor unions in Germany, Italy and France are calling for the company to pay its workers fairly and respect their right to join unions. The strikes have been called to
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By Laura He, CNN Business Shares of SoftBank plunged about 5% in Tokyo on Friday after Chinese regulators reportedly asked Didi to delist from the United States because of concerns about data security. The Japanese company’s Vision Fund is a major shareholder in the Chinese ride-hailing service with a stake of over 20%. SoftBank shares
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By Laura He and Mark Thompson, CNN Business Stocks fell and oil prices plunged more than 10% on Friday as the emergence of a new Covid-19 variant rattled global markets. Asian markets led the way, with Hong Kong’s Hang Seng Index dropping 2.7%, while Japan’s Nikkei 225 was down 2.5%. European markets also sold off
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By Esha Mitra and Rhea Mogul CNN Santosh Singh’s earliest memory is of tilling soil on his family’s farm. Now, the 70-year-old farmer’s eyes gleam with pride as he recalls watching his grandson do the same. But Singh hasn’t been home to Punjab for one year since he joined farmers at one of three protest
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By Chris Isidore, CNN Business This Black Friday could very likely be the start of the final holiday shopping season for Sears and Kmart, two brands that once proudly dominated the US retail landscape. The two chains are only a shell of what they were when the holding company that owns both emerged from bankruptcy
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By Jack Guy and Junko Ogura, CNN Business Swedish retailer Ikea is becoming a landlord in Japan with a tiny apartment it will rent out in Tokyo. The 10-square-meter (107-square-foot) apartment is located in the Shinjuku district and will cost just 99 yen ($0.86) per month to rent, according to details released by Ikea this
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By Walé Azeez, CNN Business Shops in the United Kingdom could run short of wine and liquor ahead of Christmas because there aren’t enough drivers to make deliveries. The warning was made in a letter sent by the UK Wine and Spirit Trade Association (WTSA) to UK Transport Secretary Grant Shapps last week. It was
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By Julia Horowitz, CNN Business Almost 2 million workers in Europe’s biggest economy are set for a big pay rise. Three German political parties agreed to form a new government on Wednesday, with left-leaning Social Democrat Olaf Scholz set to succeed Angela Merkel as chancellor following lengthy coalition negotiations. As part of the coalition agreement,
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By Jill Disis and Kylie Atwood, CNN Business The Biden administration is piling more pressure on Chinese companies it claims could undermine US national security. The US Commerce Department on Wednesday added a dozen Chinese companies to a trade blacklist, saying that some of the firms have supported the modernization of China’s army. US officials
Continue Reading By Jill Disis and Kylie Atwood, CNN Business The Biden administration is piling more pressure on Chinese companies it claims could undermine US national security. The US Commerce Department on Wednesday added a dozen Chinese companies to a trade blacklist, saying that some of the firms have supported the modernization of China’s army. US officials
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