business and industry sectors

US consumer spending rose in August as gas prices fell | CNN Business

US consumer spending rose in August as gas prices fell | CNN Business

CNN Business  —  Another month of falling gas prices gave Americans’ wallets a bit of a reprieve in August. That sent consumers back to stores last month. The Census Bureau reported Thursday that a key measure of August US retail sales rose unexpectedly by 0.3% on a monthly basis, following a revised decrease of 0.4% …

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Inside Starbucks' plan to speed up service | CNN Business

Inside Starbucks’ plan to speed up service | CNN Business

New York CNN Business  —  Starbucks is rolling out a sweeping plan to spark growth over the next three years — from faster Frappuccinos to more digital rewards. On tap: New equipment that makes it easier for baristas to prepare complicated drinks in seconds. Thousands of new US stores. A more reliable mobile app with …

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Railroad strike, and the economic damage it would cause, looms closer | CNN Business

Railroad strike, and the economic damage it would cause, looms closer | CNN Business

New York CNN Business  —  A freight railroad strike, and the economic upheaval it could cause, is getting closer and closer to reality. While two more rail unions reached tentative agreements with railroad management on new contracts Tuesday, the two most important unions — representing the engineers and conductors who make up the two-person crews …

Railroad strike, and the economic damage it would cause, looms closer | CNN Business Read More »

Unions, railroad officials head to DC as White House urgently discusses contingency plans amid rail shutdown threat | CNN Politics

Unions, railroad officials head to DC as White House urgently discusses contingency plans amid rail shutdown threat | CNN Politics

CNN  —  With the two sides still unable to reach an agreement and with a freight rail strike looming, union officials and representatives of the railroads are heading to Washington, DC, on Wednesday where they will meet with Labor Secretary Marty Walsh, according officials with each union and a Department of Labor spokesperson. While the …

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Burger King has a plan to make you fall in love with the Whopper again | CNN Business

Burger King has a plan to make you fall in love with the Whopper again | CNN Business

New York CNN Business  —  The past few years have been tough for Burger King. Missteps during the pandemic caused the chain to lag behind competitors. Over the past few quarters, Burger King has been playing catch up, and now the company is hoping a major investment in restaurants and advertising will help spark growth …

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Why your car's speedometer goes up to 160 mph (even when your car can't) | CNN Business

Why your car’s speedometer goes up to 160 mph (even when your car can’t) | CNN Business

Washington, DC CNN  —  Apple recently revealed a new version of its CarPlay system for vehicles, which include gauges like speedometers. But even Apple, the company that cast aside tradition when it reinvented phones, music players and headphones, bows to convention when it comes to speedometers. It displayed a classically-styled speedometer that reached 160 mph, …

Why your car’s speedometer goes up to 160 mph (even when your car can’t) | CNN Business Read More »

Apple unveils new iPhones, Apple Watches and AirPods | CNN Business

Apple unveils new iPhones, Apple Watches and AirPods | CNN Business

CNN  —  Apple unveiled its new iPhone 14 lineup at a press event on Wednesday, along with three new Apple Watch models, an update to its popular AirPods product line and a feature that could save lives when cell service isn’t available. At a closely-watched event from its headquarters in Cupertino, California, Apple showed off …

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One of the biggest strikes in US history is brewing at UPS | CNN Business

One of the biggest strikes in US history is brewing at UPS | CNN Business

New York CNN Business  —  Over the past year, the nascent labor movements at mighty corporations like Starbucks and Amazon have grabbed national attention. But less well-known is a looming high-stakes clash between one of America’s oldest unions and the world’s biggest package courier. Contract negotiations are set to begin in the spring between UPS …

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Cruise recalls its robotaxis after passenger injured in crash | CNN Business

Cruise recalls its robotaxis after passenger injured in crash | CNN Business

Washington, DC CNN Business  —  This week Cruise, which counts General Motors as its largest shareholder, became the first robotaxi operator to recall its vehicles, following a June crash involving “major” damage and minor passenger injuries. The crash occurred after the Cruise robotaxi making a left turn stopped in the intersection, thinking that an oncoming …

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