commercial and industrial sectors

Freight rail service is terrible, even without the threat of a strike |  CNN Business

Freight rail service is terrible, even without the threat of a strike | CNN Business

New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …

Freight rail service is terrible, even without the threat of a strike | CNN Business Read More »

As the world woos TSMC, Taiwan fears losing its 'silicon shield' |  CNN Business

As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business

hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …

As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »

As the world woos TSMC, Taiwan fears losing its 'silicon shield' |  CNN Business

As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business

hong kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook at a ceremony to unveil its $40 billion manufacturing site in Arizona – a huge investment designed to help secure America’s supply of the most advanced chips. But back in Taiwan, there is deep …

As the world woos TSMC, Taiwan fears losing its ‘silicon shield’ | CNN Business Read More »

Buyers dip into their savings and go into debt.  This could cause a holiday hangover |  CNN Business

Buyers dip into their savings and go into debt. This could cause a holiday hangover | CNN Business

New York CNN — Despite high inflation and recession fears, the holiday shopping season seems to be off to a good start. Black Friday and Cyber ​​Monday sales were strong as Americans were lured by deep discounts. Although consumer spending is slowing, it remains surprisingly resilient. The problem, however, is that many Americans’ paychecks are …

Buyers dip into their savings and go into debt. This could cause a holiday hangover | CNN Business Read More »

When China and Saudi Arabia meet, nothing matters more than oil |  CNN Business

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business

hong kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars in deals with the world’s biggest oil exporter and meet with leaders from across the world. Middle East. The visit is a …

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business Read More »

This AI chatbot is dominating social media with its frighteningly good essays |  CNN Business

This AI chatbot is dominating social media with its frighteningly good essays | CNN Business

CNN — Imagine if Siri could write you a college essay, or if Alexa could spit out a Shakespeare-style movie review. Last week, OpenAI opened up access to ChatGPT, an AI-powered chatbot that interacts with users in a strangely compelling and conversational way. His ability to providing long, thoughtful, and thorough answers to questions and …

This AI chatbot is dominating social media with its frighteningly good essays | CNN Business Read More »

Self-checkouts annoy some customers and help shoplifters.  Stores add it anyway |  CNN Business

Self-checkouts annoy some customers and help shoplifters. Stores add it anyway | CNN Business

New York CNN Business — Self-service payment arrived in the late 1980s in supermarkets. A decade later, it began to spread to large chains and pharmacies. Today, self-checkouts, loved by some and hated by others, have made their way into discount clothing stores and department stores. Kohl’s (KSS) is testing self-service payment terminals in a …

Self-checkouts annoy some customers and help shoplifters. Stores add it anyway | CNN Business Read More »

Who are the avid beaver party buyers without being bothered by inflation?  Generation Z |  CNN Business

Who are the avid beaver party buyers without being bothered by inflation? Generation Z | CNN Business

New York CNN Business — There’s at least one group of shoppers who are enthusiastically hitting the malls this holiday season — and they don’t seem too bothered by the pesky inflation eating away at their discretionary dollars. They’re Gen Z. And how they buy matters. This cohort of consumers born between 1997 and 2012 …

Who are the avid beaver party buyers without being bothered by inflation? Generation Z | CNN Business Read More »

Europe agrees to cap Russian oil price at $60 a barrel |  CNN Business

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business

London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »

Europe agrees to cap Russian oil price at $60 a barrel |  CNN Business

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business

London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »