Category Archives: CNN – Business

Hyatt is eliminating travel-sized plastic toiletries

Hyatt is eliminating travel-sized plastic toiletries

Hyatt is the latest international hotel brand to ditch travel-sized toiletries from its rooms, following Holiday Inn-owner InterContinental Group and Marriott International. Portable tubes of shampoo, conditioner and bath gel will be replaced with bulk-sized toiletries across Hyatt’s global chain of 220,000 rooms beginning in June 2021. The changes will affect Hyatt’s 900 hotels worldwide,…MORE

Juul is laying off 650 people in a $1 billion cost-cutting plan

Juul is laying off 650 people in a $1 billion cost-cutting plan

Juul on Tuesday announced an update to its major restructuring effort that includes layoffs and deep cost cutting. It’s the latest development in a series of shakeups since September as Juul attempts to revamp its strategy in the face of heightened scrutiny of vaping. Much of the $1 billion in cuts Juul hopes to make…MORE

Adidas is closing hi-tech sneaker factories in Germany and the US

Adidas is closing hi-tech sneaker factories in Germany and the US

Adidas is shutting down two cutting-edge footwear factories in Germany and the United States and moving production to Asia. The German sportswear maker announced this week that it would be closing plants near Ansbach, Germany, and Atlanta, Georgia. The facilities, which Adidas calls “Speedfactories,” use automated tech to produce sneakers. Adidas had hoped to bring…MORE

Americans think Microsoft is the most ethical company. Facebook, not so much

Americans think Microsoft is the most ethical company. Facebook, not so much

More than any other industry, technology companies prioritize ethical issues important to most Americans, according to a study released Tuesday from Forbes and the non-profit research group Just Capital. Well, except for one very notable exception: Facebook. The groups’ researchers interviewed more than 4,000 American adults, asking respondents their perception of 1,000 of the nation’s…MORE

Google is collecting health data on millions of Americans

Google is collecting health data on millions of Americans

Google has confirmed it’s collecting health data on millions of Americans through a new partnership with Ascension, one of the country’s largest nonprofit health systems. The tech company and Ascension confirmed they were working together to analyze patient data to give health care providers new insights and care suggestions for patients. The project, codenamed “Project…MORE

Ford workers appear set to approve labor deal

Ford workers appear set to approve labor deal

Ford’s unionized employees appear ready to sign a new contract, a move that would allow the automaker to avoid the kind of strike that recently hobbled rival GM for 40 days. United Auto Workers locals that represent members at various Ford plants around the country have started to report results of ratification votes on a…MORE

What you need to know before markets open

What you need to know before markets open

Disney+ launches Tuesday in the United States, Canada and the Netherlands. The streaming service represents Disney’s first charge into the “streaming wars,” which pit media giants like CNN’s parent, WarnerMedia, against tech firms such as Apple and pure streaming plays like Netflix. Each wants consumers’ time and money. For Disney and its CEO Bob Iger,…MORE

Burger King launches meatless burger across Europe and tests new US options

Burger King launches meatless burger across Europe and tests new US options

Burger King is going big on plant-based meat. In August, the burger chain started selling the Impossible Whopper throughout the United States. The meatless version of its signature burger has been so successful that Burger King is launching a plant-based “Rebel” Whopper across Europe, and it’s testing more plant-based options, including the Impossible Whopper Jr.…MORE

China has been slashing its electric car subsidies. That could backfire

China has been slashing its electric car subsidies. That could backfire

China wants to boost its adoption of electric vehicles. So far, that hasn’t been easy. Data released this week suggests that the Chinese market for new energy vehicles could shrink this year, according to an industry group. The China Association of Automobile Manufacturers said Monday that the sales of electric, hybrid and fuel cell cars…MORE

Sean Spicer eliminated from ABC’s ‘Dancing with the Stars’

Sean Spicer eliminated from ABC’s ‘Dancing with the Stars’

Maybe Sean Spicer was exactly what ABC’s “Dancing With the Stars” needed: A boldface name, beloved by some, detested by others, who stirred interest in the 28th season of the reality TV workhorse. Spicer capitalized on his former role as White House press secretary by doing the tango and the foxtrot for millions of ABC…MORE