Category Archives: CNN – Business

Who knew, Tide does dry cleaning. Now it’s expanding the business

Who knew, Tide does dry cleaning. Now it’s expanding the business

Tide is not just the liquid detergent you use to wash your clothes. It’s actually been a neighborhood laundromat for years. In 2010, Tide opened its first four dry cleaning stores. Tide now has 125 stores run by franchise owners in cities like Houston and Phoenix. It has wash-and-fold services on 20 college campuses and…MORE

Swiss banking giant UBS fined more than $5 billion in fraud case

Swiss banking giant UBS fined more than $5 billion in fraud case

UBS faces a massive financial penalty in France after a court there ruled that the Swiss bank helped its wealthy clients avoid taxes. The court delivered its verdict in Paris on Wednesday, ordering the bank to pay €4.5 billion ($5.1 billion) and finding it guilty of money laundering and illegal client solicitations. The fines include…MORE

Japan Inc poured billions into Britain. Now it’s having regrets

Japan Inc poured billions into Britain. Now it’s having regrets

Japan’s top companies are losing patience with the United Kingdom as Brexit fast approaches. Honda became the latest to reduce its exposure to the British economy, announcing Tuesday that it will shutter its only manufacturing plant in the country by 2021, a move that is expected to result in the loss of at least 3,500…MORE

FAA investigating Southwest over baggage weight data

FAA investigating Southwest over baggage weight data

The US Federal Aviation Administration is investigating how Southwest Airlines tracks the weight of checked bags on its flights. The FAA began its probe in February 2018, the FAA said told CNN Business on Monday. “Since that time, the FAA has directed the development of a comprehensive solution to the methods and processes used by…MORE

Target is chasing moms and dads

Target is chasing moms and dads

Moms and dads are some of the best shoppers for retailers. Target has a plan to win them over: Focus on the kids. On Thursday, Target said it will extend its trendy kids’ clothing line, Art Class, to toddlers. Target has built a multi-billion dollar kids’ clothing brand, Cat & Jack, but it found some…MORE

Honda is closing its only British factory, wiping out 3,500 jobs

Honda is closing its only British factory, wiping out 3,500 jobs

Honda has just dealt the United Kingdom’s auto industry a huge blow. The Japanese carmaker said Tuesday that it will shut down a major manufacturing plant in the English town of Swindon that employs 3,500 people. Thousands more jobs will be put at risk at suppliers and other businesses. Honda has made more than 3…MORE

Saudi Arabia seeks Asia’s support for its economic makeover

Saudi Arabia seeks Asia’s support for its economic makeover

Saudi Arabia’s crown prince is in Asia forging new ties and seeking deals as he tries to keep his dream of economic transformation alive following a chill in relations with the West. Mohammed bin Salman wrapped up his visit to Pakistan on Monday with agreements worth $20 billion — including one to develop alternative energy…MORE

Retailers are resisting UK plans for deposits on all plastic drink bottles

Retailers are resisting UK plans for deposits on all plastic drink bottles

Retailers are pushing back against UK government plans for a deposit return program designed to encourage recycling of plastic bottles and aluminum cans. The government is considering whether deposits on bottles should apply to all drink containers, or be limited to containers that are 750 milliliters (26.4 fluid ounces) or less. Environmental groups overwhelmingly support…MORE

Carmakers brace for a terrible year as China’s slowdown deepens

Carmakers brace for a terrible year as China’s slowdown deepens

After a tough 2018, global automakers look set for another bruising year. Data published Monday show that the slowdown in China, the world’s biggest car market, is getting worse. And the United States is considering imposing tariffs on imported cars, a move that would hit global brands hard. Passenger car sales in China slumped by…MORE

Blogs

How to Stay Motivated in 2019 

How to Stay Motivated in 2019 

By the middle of February 80 percent of people give up on their New Year’s resolutions–here are 3 tips to keep you on track!

Dave Says: Insurance and Savings

Dave Says: Insurance and Savings

Dear Dave, I just realized our insurance has a health savings account (HSA) option. We’ve considered dropping this insurance soon and going to a cheaper Christian medical sharing program. We’ve got about $19,000 in debt between credit cards and a car payment, and we’re on Baby Step 2 of your plan. Our thought was to…

Dave Says: A Teachable Moment

Dave Says: A Teachable Moment

Dear Dave, My mom is single, and she co-signed on my student loans for college. Would it affect her credit if I couldn’t or didn’t make the payments? Terri   Dear Terri, Yes, it would. The truth is, your mom shouldn’t have co-signed for you in the first place. There’s only one reason lenders want…

Take Your Side Hustle Full Time This Year

Take Your Side Hustle Full Time This Year

Follow These 5 Steps to Take Your Side Hustle Full Time This Year By Christy Wright   Is your side hustle starting to feel like a second full-time job? Or maybe you’re a stay-at-home mom whose home-based business is taking off, and you want to dedicate more time to it. You’re not alone. According to a…