Category Archives: CNN – Business

Walgreens could leave the Dow. What should replace it?

Walgreens could leave the Dow. What should replace it?

Walgreens Boots Alliance became the most recent addition to the Dow Jones Industrial Average in June 2018, when it replaced struggling conglomerate General Electric in America’s most famous stock market indicator. Its Dow tenure may be among the shortest. KKR has approached Walgreens about taking it over, Bloomberg reported Monday. If Walgreens winds up getting…MORE

Boeing stock soars: It still thinks 737 Max will fly next month

Boeing stock soars: It still thinks 737 Max will fly next month

Boeing still believes it can get permission before the end of this year to fly the 737 Max again. The plane has been grounded by aviation authorities around the world since March because of two fatal crashes that killed all 346 people aboard the flights. Those crashes have been tied to an automatic safety system…MORE

Hearst Magazines staffers announce intention to unionize

Hearst Magazines staffers announce intention to unionize

Employees at Hearst Magazines announced on Monday their plans to form a union, setting off a massive effort across 24 media brands that encompass print and digital staffers in editorial, video, photo, design and social. Participating publications include Cosmopolitan, Delish, Men’s Health, Oprah Winfrey’s “O” magazine and Esquire. A “strong majority” of the 500-member staff…MORE

Disney is staking its future on Disney+

Disney is staking its future on Disney+

“Disney’s Folly.” That’s what some in Hollywood dubbed “Snow White and the Seven Dwarfs” before it premiered in 1937. Critics argued that Walt Disney was risking his studio’s reputation with a risky film that no one would sit through. But in the end, Disney’s gamble paid off. “Snow White,” the first animated feature in America,…MORE

UK economy grows at slowest annual rate in a decade as election looms

UK economy grows at slowest annual rate in a decade as election looms

The UK economy grew at the slowest annual rate in nearly a decade in the third quarter as uncertainty over Brexit continued to weigh on business. The economy expanded by 1% in the three months ended September, compared to the previous year, according to data from the Office for National Statistics. It’s the weakest annual…MORE

The two sides of China: A shopping bonanza and protests in Hong Kong

The two sides of China: A shopping bonanza and protests in Hong Kong

Happy Monday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Investors dumped Hong Kong stocks after demonstrators targeted public transportation in Asia’s top financial hub and police shot a protester, a daylight escalation of violence that comes after five months…MORE