Johnnie Walker whisky will be sold in paper bottles next year

Johnnie Walker whisky will be sold in paper bottles next year

Starting next year, Johnnie Walker fans will be able to pour their whisky from a planet-friendly bottle. On Monday, Diageo, the British spirits company that owns the brand, announced the development of a paper-based spirits bottle made from sustainably sourced wood. The plastic-free packaging is expected to debut early next year. Diageo’s bottle was developed…

Here’s what’s getting more expensive — and cheaper — at the grocery store

Here’s what’s getting more expensive — and cheaper — at the grocery store

Food keeps getting more expensive for Americans as the demand for groceries continues to surge during the pandemic. Stay-at-home orders and restaurant closures have prompted more people to eat at home in recent months. As a result, the cost of food at home ticked up 0.7% in June from the previous month, according to seasonally…

Best Buy will require customers to wear masks in its stores

Best Buy will require customers to wear masks in its stores

Best Buy said Tuesday that it will require all shoppers coming into its stores to wear face masks. It’s the latest mask mandate for customers announced by a major chain at a time when coronavirus cases across the country are continuing to rise. Starbucks said last week that it will require customers to wear facial…

France to give $9 billion in pay raises to health care workers

France to give $9 billion in pay raises to health care workers

France will give health care workers across the nation $9 billion in pay raises in recognition of their work during the pandemic, the country’s Prime Minister Jean Castex has said. Castex, the Health Minister Olivier Véran and trade union representatives signed the agreement on Monday in Paris. In April, the French government said it would…

Longtime columnist and blogger Andrew Sullivan resigns from New York magazine

Longtime columnist and blogger Andrew Sullivan resigns from New York magazine

Columnist and blogger Andrew Sullivan is leaving New York magazine, his professional home since 2016, he announced Tuesday. “This will be my last week at New York Magazine,” Sullivan tweeted. “I’m sad because the editors I worked with there are among the finest in the country, and I am immensely grateful to them for vastly…

Oatly gets $200 million from investor group that includes Oprah and Natalie Portman

Oatly gets $200 million from investor group that includes Oprah and Natalie Portman

Oatly, the popular Swedish oat milk brand, has received $200 million from a Blackstone-led, star-studded investment group that included Oprah Winfrey, Natalie Portman, Jay-Z’s entertainment agency, and former Starbucks CEO Howard Schultz. The equity investment represents a 10% share of the company, Sara Fletcher, an Oatly spokesperson, told CNN Business on Tuesday. The money will…

Why it’s getting harder to get exact change

Why it’s getting harder to get exact change

First it was toilet paper. Now, grocery stores are facing another shortage as a result of the coronavirus pandemic: coins. Several grocery and convenience stores have warned that they may not be able to provide coins as change when customers pay in cash, thanks to a nationwide coin shortage. Because of coronavirus-related shutdowns, fewer coins…

Stocks surge even as banks signal a choppy recovery ahead

Stocks surge even as banks signal a choppy recovery ahead

US stocks finished sharply higher Tuesday even as America’s leading banks warned the economic recovery from the pandemic will be choppy. The Dow climbed 557 points, or 2.1%.The S&P 500 jumped 1.3%.The Nasdaq climbed nearly 1%. Markets ended the day near session highs, rebounding from early losses that hit tech stocks. US banks kicked off…

Lawmakers slam Robinhood after apparent suicide by 20-year-old trader

Lawmakers slam Robinhood after apparent suicide by 20-year-old trader

US lawmakers are pressing Robinhood to improve safeguards on the trading app a month after the apparent suicide of a 20-year-old student who saw a negative account balance of $730,000. “This should have never happened,” Rep. Lauren Underwood told CNN Business on Tuesday. The family of Alex Kearns, the 20-year-old Robinhood user, said he died…