Business/Consumer CNN Wire

Business lunches are back. And they're longer and boozier than ever

As pandemic restrictions ease, and more people get vaccinated and start returning to offices, some restaurants are seeing lunchtime crowds pick up. But this time, things are a little different.Among the changes restaurant owners have encountered: Boozy lunches getting boozier.…

Who owns the Colonial Pipeline? It's complicated

About the only thing that hasn't been hurt by the hacking attack that shut down the Colonial Pipeline? The company's market value.If it were publicly traded, the Colonial's stock would undoubtedly have tumbled. But the 59-year-old firm is privately held,…

KFC is changing its packaging. Here's what it looks like

Kentucky Fried Chicken is rolling out new packaging this summer, joining other major fast food companies that are giving themselves a makeover.The chicken chain said the new look is a "more modern take" on the KFC's signature red and white…

Chick-fil-A is facing a sauce shortage

The supply chain shortage just got fowl: Chick-fil-A is limiting the number of sauces it's giving out to customers because of limited stock.The chicken chain said Wednesday that industry-wide supply chain issues, which are affecting essentially every aspect of the…

Why Americans are panic buying fuel -- and why you shouldn't

A growing number of gas stations along the East Coast are without fuel as nervous drivers aggressively fill up their tanks following a ransomware attack that shut down the Colonial Pipeline, a critical artery for gasoline.The panic-buying threatens to exacerbate…

Investors may have misjudged the recovery summer

We've all missed live concerts, weekend getaways and long vacations in the sun.Finally, thanks to coronavirus vaccination campaigns, such activities seem possible again, encouraging investors to pile into travel and entertainment stocks. But a closer look at what many of…

The UK economy still has a huge mountain to climb

The UK economy is coming out of its deep freeze.Gross domestic product shrunk by 1.5% in the first quarter, according to the Office for National Statistics, a better than expected performance that was helped by a surge in activity in…

The Colonial Pipeline attackers wanted money. Should companies pay?

A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the world's largest corporations and strategic infrastructure.It also raises a thorny question: should companies held to ransom…