A customer exits a CVS Health Corp. store in Oakland, California, U.S., on Friday, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health to merge with health insurer Aetna said on Wednesday that the agreement was
Business
Tim Boyle | Getty Images News | Getty Images Shares of American Eagle Outfitters fell more than 13% Wednesday after a slow start to the back-to-school season and unseasonable weather led to same-store sales growth that missed analyst expectations. The company said that sales were disappointing during the last two weeks of July, which is
Customers pump gasoline at a Kroger gasoline station in the parking lot of one of the company’s grocery stores in Worthington, Ohio in 2006. Gary Gardiner | Getty Images Kroger on Tuesday followed Walmart in asking shoppers not to openly carry guns in any of its stores, in states where “open carry” is allowed, unless
A customer browses products at a Walmart store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart’s former U.S. CEO told CNBC on Tuesday that the retailer’s decision to stop selling some ammunition is a “thoughtful” one, but he’s not confident it will reduce gun violence. The biggest retailer in the world
UAW President Gary Jones and GM CEO and Chairman Mary Barra shaking hands at the event. Source: General Motors DETROIT – United Auto Workers members overwhelmingly granted union leaders authorization to strike during contract negotiations this year with General Motors, Ford Motor and Fiat Chrysler, if needed. The union on Tuesday announced about 96% of
Factory workers at TNG Dai Tu Factory in Thai Nguyen Province, Vietnam work on brand name garments like Nike, Adidas and Converse. Justin Solomon | CNBC It’s crucial for businesses to be flexible and to hedge one’s bets amid the protracted and unpredictable trade war, according to a Hong Kong-based garment maker. For Lever Style, it
A ‘No Gas’ sign is seen on a gas pump at a station after it ran out of gas as people get fuel before the arrival of Hurricane Dorian on August 30, 2019 in West Palm Beach, Florida. Joe Raedle | Getty Images News | Getty Images Hurricane Dorian’s winds slowed, prompting a downgrade to
In this photo illustration, the new Impossible Whopper sits on a table at a Burger King restaurant on August 8, 2019 in Brooklyn, New York. Drew Angerer | Getty Images As concerns mount over the dangers of a rapidly warming planet, upstart food companies are targeting a major climate-damaging food: beef. Beyond Meat and its
This photo taken on October 17, 2018 shows a worker inspecting shoes at a factory in Qingdao in China’s eastern Shandong province. STR | AFP | Getty Images China’s manufacturing activity expanded in August, according to results of a private survey released on Monday amid the country’s escalating trade war with the U.S. The Caixin/Markit
U.S. President Donald Trump speaks during a Federal Emergency Management Agency (FEMA) briefing on hurricane Dorian at FEMA Headquarters in Washington, U.S., September 1, 2019. Joshua Roberts | Reuters Hurricane Dorian will not hit Alabama, said the National Weather Service on Sunday, contradicting comments made by President Trump earlier. “Alabama will NOT see any impacts
A worker pushes Amazon.com Inc. packages in front of a FedEx Corp. delivery truck in New York. Christopher Lee | Bloomberg | Getty Images The years-long battle between Amazon and retail companies has spilled over into the shipping industry, with FedEx and UPS adjusting their strategies as the tech giant, once simply a customer, is
Gary DAngelo (L) and central Florida residents wait on the line to buy propane in preparation for hurricane Dorian at BJ’s store on August 29, 2019 in Orlando, Florida. Gerardo Mora | Getty Images As Hurricane Dorian approaches Florida as an extremely dangerous and potentially life-threatening storm, residents are scrambling to secure supplies at crowded