An alcohol giant cut bait on a big craft beer holding. What's next for its even bigger cannabis investment?
An alcohol giant cut bait on a big craft beer holding. What's next for its even bigger cannabis investment?

By Alicia Wallace, CNN Business Constellation Brands just cut bait on a billion-dollar craft beer bet that fell short of expectations, but the seller of Corona and Modelo in the United States says it plans to ride out an...

10 hrs 2 mins ago
Forget fashion and beauty. These are the grocery store influencers
Forget fashion and beauty. These are the grocery store influencers

By Nathaniel Meyersohn, CNN Business When you think of influencers, you might think of flat tummy tea and hair vitamins.

13 hrs 17 mins ago
Analysis: The White House's hypocrisy on unnamed sources
Analysis: The White House's hypocrisy on unnamed sources

By Oliver Darcy, CNN Business President Trump doesn't want you to believe stories that rely on unnamed sources. Trump tweeted Friday that people should "only accept information" that "has an actual living name on it."...

12 hrs 32 mins ago
Elon Musk wins in 'pedo guy' defamation trial
Elon Musk wins in 'pedo guy' defamation trial

By Kerry Flynn, CNN Business After a four-day-long trial, a jury took less than an hour to decide that Tesla CEO Elon Musk did not defame British caver Vernon Unsworth when he sent a tweet calling Unsworth "pedo guy."

December 6th, 5:50 PM EST
Dow up more than 300 points on good jobs news
Dow up more than 300 points on good jobs news

By Paul R. La Monica, CNN Business Investors cheered November's blockbuster jobs report.

December 6th, 10:05 AM EST
Retailers are scrambling to find holiday help
Retailers are scrambling to find holiday help

By Chris Isidore, CNN Business If you're looking for a store employee to help you out while shopping this holiday season, you're not alone. Retailers themselves are having a lot of trouble finding the help they need.

December 6th, 2:50 PM EST
Mike Bloomberg to Bloomberg News reporters upset over not being able to probe Democrats: 'With your paycheck comes some restrictions'
Mike Bloomberg to Bloomberg News reporters upset over not being able to probe Democrats: 'With your paycheck comes some restrictions'

By Oliver Darcy, CNN Business Mike Bloomberg, the billionaire Democratic presidential candidate, said employees at his news organization "just have to learn to live with some things" when asked about their frustrations...

December 6th, 1:50 PM EST
In New Zealand, McDonald's new McVeggie burger is not strictly vegetarian
In New Zealand, McDonald's new McVeggie burger is not strictly vegetarian

By Amy Woodyatt, CNN Business McDonald's New Zealand has launched its McVeggie burger, but there's a catch that could leave meat-free patrons dismayed: It's not strictly vegetarian.

December 6th, 12:50 PM EST
OPEC and its allies agree to deeper production cuts to prop up oil prices
OPEC and its allies agree to deeper production cuts to prop up oil prices

By Mark Thompson, CNN Business OPEC, Russia and other oil producing nations have agreed to deeper production cuts in an attempt to support crude prices in the face of a looming supply glut mainly due to booming US output.

December 6th, 11:35 AM EST
UK media outlets can't find candidates worth endorsing in crucial election
UK media outlets can't find candidates worth endorsing in crucial election

By Hadas Gold, CNN Business A handful of influential UK news outlets are showing their disgust with the state of politics by choosing not to endorse any political party ahead of a general election that could have profound...

December 6th, 10:35 AM EST
Beer is slipping. Here's what Americans are drinking instead
Beer is slipping. Here's what Americans are drinking instead

By Jordan Valinsky, CNN Business Beer is in a bear market.

December 6th, 10:35 AM EST
US hiring rebounds in wake of GM strike
US hiring rebounds in wake of GM strike

By Chris Isidore, CNN Business The US labor market appears to be back on track.

December 6th, 8:50 AM EST
One of Latin America's most valuable startups is changing the way Brazilians bank
One of Latin America's most valuable startups is changing the way Brazilians bank

By Julianne PepitoneVideo by Richa Naik, CNN BusinessPhoto illustrations by Ken Fowler When David Vélez walked into a Brazilian bank branch to open an account six years ago, he was appalled by the experience.

December 6th, 6:34 AM EST
Facebook's plans to label state media are complicated — and delayed
Facebook's plans to label state media are complicated — and delayed

By Hadas Gold, CNN Business Social media companies are feeling their way in the dark, and sometimes fumbling their way through new efforts to fight misinformation on their platforms as they roll out rules that are meant to...

December 6th, 10:05 AM EST
He tried to fix Macy's. Now he is the new Tractor Supply CEO
He tried to fix Macy's. Now he is the new Tractor Supply CEO

By Paul R. La Monica, CNN Business Macy's can't catch a break. The struggling department store chain's stock is down nearly 50% this year. And now it is losing a top executive to a farming supplies chain.

December 5th, 11:49 AM EST
UK broadcaster apologizes for misquoting Boris Johnson as saying 'people of colour'
UK broadcaster apologizes for misquoting Boris Johnson as saying 'people of colour'

By Ivana Kottasová, CNN Britain's Channel 4 apologized Friday after mistakenly reporting that Prime Minister Boris Johnson said he wants to control the numbers of "people of colour" coming to the UK.

December 6th, 7:35 AM EST
OPEC poised to cut production further to shore up prices
OPEC poised to cut production further to shore up prices

By Charles Riley, CNN Business OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming US output.

December 6th, 7:04 AM EST
China plans to lift tariffs on some US soybeans and pork products
China plans to lift tariffs on some US soybeans and pork products

By Michelle Toh, CNN Business China is planning to exempt some US soybeans and pork products from tariffs, a move that could take some heat out of talks aimed at agreeing on a truce in the trade war.

December 6th, 6:19 AM EST
US pharma companies really do want Britain to pay more for drugs
US pharma companies really do want Britain to pay more for drugs

By Luke McGee, CNN Business When President Donald Trump arrived in the United Kingdom this week, he landed bang in the middle of a huge political fight about the country's National Health Service.

December 6th, 4:04 AM EST
Elon Musk's defense argues British caver Vernon Unsworth was not harmed by 'pedo guy' tweet
Elon Musk's defense argues British caver Vernon Unsworth was not harmed by 'pedo guy' tweet

By Kerry Flynn, CNN Business There is a photo in which Vernon Unsworth is standing next to Theresa May in front of 10 Downing Street, where the former British prime minister gave a hero's welcome to the divers who...

December 6th, 1:19 AM EST
Asian stocks tick up following Trump's upbeat signals on a trade deal
Asian stocks tick up following Trump's upbeat signals on a trade deal

By Sherisse Pham, CNN Business Asian markets were cautiously optimistic on Thursday, as President Donald Trump's latest remarks on US-China trade talks sent a flicker of hope through the region.

December 5th, 11:19 PM EST
The Santa Claus business is booming, even as malls struggle
The Santa Claus business is booming, even as malls struggle

By Chauncey Alcorn, CNN Business Retailers looking to get Americans off e-commerce sites and into physical stores this holiday season may be relying on Santa Claus more than ever.

December 5th, 2:34 PM EST
Saudi Aramco raises $25.6 billion in the world's biggest IPO
Saudi Aramco raises $25.6 billion in the world's biggest IPO

By Julia Horowitz and John Defterios, CNN Business Saudi Arabia has just pulled off the biggest initial public offering in history, raising $25.6 billion by selling shares in its giant state-owned oil monopoly.

December 5th, 12:34 PM EST
Elizabeth Warren wants to make it harder for big banks to get bigger
Elizabeth Warren wants to make it harder for big banks to get bigger

By Matt Egan, CNN Business If big banks held marriage ceremonies to celebrate their mergers, Elizabeth Warren would be the first one to shout, "I object!"

December 5th, 2:34 PM EST
Former Playboy model Karen McDougal sues Fox News for alleged defamation
Former Playboy model Karen McDougal sues Fox News for alleged defamation

By Oliver Darcy, CNN Business Karen McDougal, a former Playboy model who said she had an affair with Donald Trump before he was elected President, filed a lawsuit Thursday against Fox News alleging the news organization...

December 5th, 1:04 PM EST
Beyond Burgers are coming to Costco
Beyond Burgers are coming to Costco

By Jordan Valinsky, CNN Business Beyond Burger fans can now buy fake meat in bulk. Beyond Meat will begin selling its plant-based burgers at Costco.

December 5th, 12:49 PM EST
Dollar General is opening 1,000 new stores next year
Dollar General is opening 1,000 new stores next year

By Nathaniel Meyersohn, CNN Business Dollar General remains one of the fastest-growing retailers in America, attracting customers with rock-bottom prices on snacks and household goods. It's so confident in that...

December 5th, 11:49 AM EST
GM and LG plan to build a $2.3 billion battery plant near the closed Lordstown plant
GM and LG plan to build a $2.3 billion battery plant near the closed Lordstown plant

By Chris Isidore, CNN Business General Motors and LG Chem announced plans for a $2.3 billion factory to build batteries for electric cars. The factory will be near the site of GM's closed Lordstown assembly plant in Ohio.

December 5th, 10:04 AM EST
The trade war is hurting Jack Daniel's, but customers aren't paying for it
The trade war is hurting Jack Daniel's, but customers aren't paying for it

By Paul R. La Monica, CNN Business The trade war continues to pinch profits for Jack Daniel's owner Brown-Forman. But the company has been able to eat the expense.

December 5th, 10:49 AM EST
Hedge fund billionaire Steve Cohen is buying the Mets
Hedge fund billionaire Steve Cohen is buying the Mets

By Chris Isidore, CNN Business The New York Mets have agreed to be sold to hedge fund billionaire Steve Cohen, in a deal that will take five years to complete, the team announced Wednesday evening.

December 4th, 8:04 PM EST