Category Archives: CNN – Business

Van conversion businesses can’t keep up with #vanlife demand
Courtesy Kim Butler

Van conversion businesses can’t keep up with #vanlife demand

The once-tiny cottage industry of van conversion companies has found itself in the center of a distinctively pandemic-era dilemma: ravenous demand and monthslong backorders on virtually all supplies. The #vanlife movement was already in full swing before the pandemic, fueled by envy-inducing posts on Instagram and DIY van conversion videos on YouTube. But as the…MORE

Here’s everything you can’t get right now
Scott Olson/Getty Images

Here’s everything you can’t get right now

Tacos, coffee, cars, jet fuel. computer chips, Nike shoes and school supplies: What do they all have in common? They’re all (nearly) impossible to find — or getting there. Shortages are popping up across the supply chain as the pandemic messes with shipping, demand, supply and all the other levers of the global economy. One…MORE

Hollywood’s shift to streaming is rewriting the script for stars’ big paydays
Marvel Entertainment

Hollywood’s shift to streaming is rewriting the script for stars’ big paydays

Like other changes to entertainment distribution through the years, the studio shift toward streaming — hastened by the unforeseen consequences of the pandemic — has Hollywood talent and their representatives demanding a different way to be paid. Scarlett Johansson’s lawsuit against Disney over the simultaneous streaming release of “Black Widow” marks perhaps the most significant…MORE

White House frustrated with ‘hyperbolic’ and ‘irresponsible’ Delta variant coverage, sources say
Drew Angerer/Getty Images

White House frustrated with ‘hyperbolic’ and ‘irresponsible’ Delta variant coverage, sources say

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The White House is frustrated with what it views as alarmist, and in some instances flat-out misleading, news coverage about the Delta variant. That’s according to two senior Biden administration officials I spoke with Friday,…MORE

Here’s why you’re waiting months for that couch you ordered

Here’s why you’re waiting months for that couch you ordered

Get ready to wait months, maybe even into 2022, for that new sofa to arrive at your doorstep. Delays on furniture deliveries have already been frustrating during the pandemic, and they’re about to get much worse. The newest problem for furniture sellers is the increase in spread of Covid-19 and subsequent factory closures in a…MORE

SEC temporarily halts approvals of new Chinese IPOs after Didi debacle
Nicolas Asfouri/AFP/Getty Images

SEC temporarily halts approvals of new Chinese IPOs after Didi debacle

The Securities and Exchange Commission has told its staff to ask for more disclosures from Chinese companies seeking to go public in the United States before it will approve any plans for them to sell shares. The announcement Friday, first reported by Reuters, shows regulators are taking a much more cautious stance on Chinese companies…MORE

Disney and Walmart mandate vaccines for employees
Joe Raedle/Getty Images

Disney and Walmart mandate vaccines for employees

Disney and Walmart, two of America’s largest employers, announced Friday that they are requiring employees be vaccinated. Disney is requiring all its salaried and non-union hourly employees in the US to be vaccinated. Workers who are working on-site but are not yet vaccinated must do so within the next 60 days, according to a statement…MORE

Consumer spending and incomes rose while a key measure of inflation dipped in June
David Paul Morris/Bloomberg/Getty Images

Consumer spending and incomes rose while a key measure of inflation dipped in June

A key measure of inflation showed price increases slowing down in June, while Americans’ incomes and spending rose — signaling better-than-expected momentum in the economic recovery. Even though prices continued to climb, albeit at a slower pace than expected, it didn’t weigh on American spending, the Bureau of Economic Analysis reported Friday. “That means the…MORE

I mandated vaccines for my business. Here’s how it has paid off

I mandated vaccines for my business. Here’s how it has paid off

This past spring, I established a rule requiring all 150 of my employees to be fully vaccinated against Covid, regardless of where they are working. Although our employees have been allowed to continue working from home, all of them need to be able to attend a meeting at the office if they’re called in. That…MORE

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