Nestlé is adding vegan sausages to its lineup of imitation meat products, as the world’s largest food company moves to secure its position in the booming market for plant-based foods. The Swiss company said Friday that it will sell soy-based bratwurst and chorizo-style sausages in 11 European markets under its Garden Gourmet brand starting in…… MORE
Not long ago, traveling to another city generally meant selecting a hotel to spend the night. But then Airbnb made it fashionable to stay in people’s luxury villas, city-center condos, rustic cabins and any number of unique accommodations around the world. The concept of home rentals isn’t new; Vacation Rentals By Owner, or VRBO for…… MORE
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Apple. Microsoft. Saudi Aramco. And now Alphabet. The club of public companies worth $1 trillion added a new member this week, with Google’s parent company topping that valuation on Thursday. It’s the…… MORE
China’s economy grew at its slowest pace in nearly three decades in 2019. That wasn’t unexpected, and Chinese officials insisted that the country’s economy will be stable this year. But it might be too early to say the worst has passed, according to analysts. The 6.1% GDP growth rate for 2019 was in line with…… MORE
Economic journalists will no longer be able to bring their electronic devices –including their laptops — when they arrive early at the Labor Department to write stories on the country’s employment and other data. Instead, they’ll be returning to a pre-Internet practice of relying on good old pens and pads to write their stories on…… MORE
Reporters on Capitol Hill are facing a security crackdown that limits their ability to question US Senators during the impeachment trial of President Donald Trump. Sarah Wire, the chair of the Standing Committee of Correspondents, a group that represents reporters on Capitol Hill, told CNN Business that several measures that curtail reporters’ access were implemented…… MORE
American stocks continue to power on to new all-time highs this year. But could the Wall Street bull finally be ready to pass the rally baton to other markets around the globe? Few investing experts predict a major collapse for US stocks in 2020. However, concerns about slowing earnings and economic growth, extended valuations and…… MORE
Payless ShoeSource said Thursday that it emerged from bankruptcy for a second time with its international stores intact and a goal of returning to the United States. The company filed for Chapter 11 bankruptcy protection last February, less than two years after its previous bankruptcy. In the second action, Payless closed all 2,100 of its…… MORE
Women held slightly more jobs than men in December — the first time that’s happened in nearly a decade. The numbers are super close, with women holding 50.04% of American jobs, but economists note it’s a data point worth watching because it could mark a turning point in the US labor market. Sectors that have…… MORE
You’re forgiven if you thought the trade war between the US and China ended Wednesday. The president, in front of a crowded room filled with business leaders and his favorite TV hosts, declared trade victory. “Together, we are righting the wrongs of the past and delivering a future of economic justice and security for American…… MORE