Category Archives: CNN – Business

NRA files for bankruptcy

NRA files for bankruptcy

The National Rifle Association of America, the nation’s foremost gun lobby, has filed for voluntary bankruptcy in Texas, the organization said Friday. The group said it plans to leave New York and reincorporate as a Texas nonprofit, in an move it is calling “Project Freedom.” The NRA said it’s in its “strongest financial condition in…MORE

Fast food workers go on strike in honor of Martin Luther King Jr.

An estimated 1,000 fast food workers across the United States went on strike Friday over low wages, staging protests in honor of Martin Luther King Jr. ahead of the federal holiday next week. The demonstrations were set to take place in more than 15 cities, including Atlanta, Chicago, St. Louis and Los Angeles. The strike…MORE

Oil giant splits from powerful lobbying group over climate change

Oil giant splits from powerful lobbying group over climate change

The American Petroleum Institute, the nation’s largest and most powerful oil lobby, is losing one of its biggest members over a disagreement about addressing the climate crisis. France’s Total announced Friday it is quitting the API because of the lobby’s stances on regulation and carbon pricing as well as its support for politicians who oppose…MORE

Vaccination megasites pop up in empty malls

Vaccination megasites pop up in empty malls

Now that Covid-19 vaccination efforts are ramping up, local health officials are on the hunt for locations that can quickly be converted into vaccination clinics, and malls across the country, battered by declines in in-person shopping, are starting to play a role. Mall operators are sitting on plenty of abandoned retail space that might be…MORE

The online shopping exec Walmart hired to take on Amazon is leaving

The online shopping exec Walmart hired to take on Amazon is leaving

The executive hired to help boost Walmart’s e-commerce business to compete with Amazon is leaving the company. Marc Lore, who joined the company in 2016 after selling his online startup Jet.com to Walmart, is retiring at the end of January, the company announced Friday. Lore, the chief executive of Walmart’s US e-commerce arm, initially led…MORE

Lawmakers ask travel companies to step up security ahead of inauguration

Lawmakers ask travel companies to step up security ahead of inauguration

US lawmakers are asking for help from travel companies including bus operators, car rental companies and hotels to prevent an attack on the inauguration and investigate last week’s Capitol insurrection. Washington, DC, and states across the country are heightening security and preparing reinforcements this week ahead of potential armed protests from Saturday until at least…MORE

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