Category Archives: CNN – Business

Regulators approve biggest bank marriage since the 2008 financial crisis

Regulators approve biggest bank marriage since the 2008 financial crisis

The marriage of SunTrust and BB&T received the blessing of financial watchdogs on Tuesday, paving the way for the formation of America’s sixth-largest commercial bank. The approval by the Federal Reserve and the FDIC removes the final obstacle facing the biggest bank merger since the 2008 financial crisis — a crisis that was worsened by…MORE

White Claw projects $1.5 billion in sales this year

White Claw projects $1.5 billion in sales this year

This was the summer of White Claw. The hard seltzer brand’s sales projections prove it. Sales of White Claw, owned by alcoholic beverage company Mark Anthony Brands, will surpass $1.5 billion this year, according to Sanjiv Gajiwala, the company’s senior vice president of marketing. In a recent panel discussion for “The Table,” a closed-door event…MORE

More companies are ditching Prince Andrew

More companies are ditching Prince Andrew

More companies are abandoning causes championed by Prince Andrew after the British royal’s car crash interview about his relationship with convicted sex offender Jeffrey Epstein. UK telecoms company BT, Standard Chartered bank and the charitable arm of US tech company Salesforce are the latest in a series of companies to distance themselves from the Duke…MORE

Here comes Taco Bell’s answer to the chicken sandwich wars

Here comes Taco Bell’s answer to the chicken sandwich wars

Have we reached crispy chicken sandwich fatigue yet? Because Taco Bell wants in, even though its entry into the fast food wars isn’t really a sandwich at all. The house of Doritos Locos Tacos and the mystifying Crunchwrap Supreme is scaling back the theatrics with Crispy Tortilla Chicken — aka, chicken strips breaded with jalapeno…MORE

America’s largest grocer is revamping its produce section

America’s largest grocer is revamping its produce section

Produce is the first thing customers see when they enter Walmart and a key part of the retailer’s defense against Amazon. So Walmart is giving its produce aisles a makeover. The largest grocer in the United States announced Wednesday that it will renovate produce areas with new signs highlighting prices and shorter merchandise bins to…MORE

Target is one of the hottest stocks of 2019

Target is one of the hottest stocks of 2019

Target’s CEO Brian Cornell talks often about the split in retail between winners and losers. Target is clearly in the winners’ camp right now and is set to benefit during the holidays. The big box retailer delivered another quarter of higher sales in stores and online and raised its earnings guidance going into the holiday…MORE