Category Archives: CNN – Business

Tampax introduces its first organic tampon

Women are looking for eco-friendly and healthy ways to deal with their periods. Procter & Gamble is betting that organic tampons will do the trick. On Tuesday, P&G’s feminine hygiene brands — Tampax and Always — debuted a new line of products called Pure. The pads and tampons are made from organic cotton and are…MORE

Why Corporate America’s mountain of debt matters

The next recession, whenever it arrives, could be deepened by Corporate America’s debt-riddled balance sheet. Encouraged by insanely low interest rates, US businesses have taken on record amounts of debt that funded hiring, acquisitions and generous rewards to shareholders. That borrowing doesn’t seem to matter much now because the economy is strong, and companies are…MORE

Reusable packages are coming to Walgreens and Kroger

Kroger and Walgreens have joined an experimental new project that gives shoppers the opportunity to buy products in reusable packaging. The two retailers will be part of the Loop platform, a service that offers shoppers a greener alternative to recycling. It’s launching as a pilot program in New York, New Jersey, Pennsylvania, Maryland and Washington,…MORE

Celebrity chef Jamie Oliver’s restaurant chain collapses

Celebrity chef Jamie Oliver’s restaurant empire in the United Kingdom has collapsed. The entrepreneur and anti-junk food campaigner said Tuesday that the restaurant business was being placed into administration, or bankruptcy protection. The group includes Jamie’s Italian chain, Jamie Oliver’s Diner at Gatwick Airport as well as steakhouse Barbecoa and Fifteen London, a restaurant Oliver…MORE

BP resists calls to match Shell’s climate change goals

BP is resisting pressure from investors and activists to take more radical action on climate change. The company has rejected demands to follow the example set by rival Shell and include emissions generated by the oil it sells in its climate targets. Two shareholder groups used the annual meeting of BP investors on Tuesday to…MORE

For the first time, Amazon faces an enormous slate of shareholder proposals

Amazon shareholders have been a remarkably tolerant bunch over the years, sitting idly by while the company plowed nearly all its revenues back into expanding the business, submitting few if any resolutions each year for the proxy ballot. This year, that could change. A lot. Amazon received more resolutions than any other company this year,…MORE

Why American steel stocks plummeted in the past year, despite tariffs

A year’s worth of tariffs have given a shot in the arm to the US steel industry — but not for their shareholders. Although the nation’s steelmakers have benefited from reduced competition, their stocks have plummeted in the year since the Trump administration first signaled that tariffs were coming. Shares of US Steel are down…MORE

Coca-Cola is bringing back New Coke in honor of ‘Stranger Things’

Coca-Cola is hoping a failed product from the 1980s will help it go viral in 2019. The company is bringing back a limited number of New Coke cans in honor of the upcoming third season of “Stranger Things,” in which the product is featured. “Stranger Things” creators Ross and Matt Duffers came up with the…MORE