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By Pete Muntean Federal regulators want to know what Elon Musk meant in a Tweet about disabling driver alerts on Tesla’s “Full Self Driving” driver assist system. The National Highway Traffic Safety Administration confirmed Monday that it is in contact with Tesla about Musk’s tweet in which he “agreed” that Tesla drivers should be allowed

By Paul R. La Monica, CNN It’s only early January, but so far in 2023 the pendulum on Wall Street has swung (to paraphrase Billy Joel) from sadness to euphoria. Stocks are off to a solid start following last year’s dismal performance. Even though the Dow fell more than 110 points, or 0.3%, to close

By Parija Kavilanz, CNN Disgraced former McDonald’s CEO Steve Easterbrook will pay $400,000 to settle charges that he allegedly misled investors about the circumstances of his 2019 firing following a relationship with an employee. According to the Securities and Exchange Commission, McDonald’s fired Easterbrook for “engaging in an inappropriate personal relationship with a McDonald’s employee

By Wayne Chang and Michelle Toh, CNN Workers at a Chinese factory making Covid-19 test kits clashed with police over the weekend after their managers apparently told them to go on vacation early, a move that effectively terminated their employment without notice, according to social media posts and videos reviewed by CNN. Online footage showed

By Jordan Valinsky, CNN Former World Wrestling Entertainment chief executive Vince McMahon is returning to the company as a board member, after a six-month hiatus following a hush money and sexual harassment scandal. WWE on Friday confirmed McMahon’s return, also announcing in a press release that it “intends to undertake a review of its strategic

By Julia Horowitz, CNN Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes the bank to hunt for cost savings, according to a person familiar with the matter. More than a third of the job cuts are expected to be from the firm’s trading

By Hanna Ziady, CNN British nurses and ambulance drivers will press on with more strikes in a dispute over pay after talks with the government failed to produce a breakthrough on Monday. The Royal College of Nursing (RCN), which represents close to half a million nurses, midwives and health care assistants described the talks as

By Laura He, CNN China’s heavy-handed crackdown on tech giants is coming to an end and the country’s economic growth is expected to be back on track soon, according to a top central bank official. The crackdown on fintech operations of more than a dozen internet companies is “basically” over, said Guo Shuqing, the Communist

By Chris Isidore, Vanessa Yurkevich and Tami Luhby, CNN More than 7,000 nurses at two major New York City hospitals walked off the job Monday, arguing immense staffing shortages are causing widespread burnout and hindering their ability to properly care for their patients. The nurses say they are working long hours in unsafe conditions without

By Jon Passantino, CNN Bernard Kalb, the long-time journalist and founding anchor of CNN’s “Reliable Sources” program, died on Sunday at his home in North Bethesda, Maryland, his family said. He was 100. Kalb’s death was caused by complications from a recent fall, his younger brother, Marvin Kalb, told CNN by phone. According to a

By Celina Tebor, Vanessa Yurkevich, Ramishah Maruf and Samantha Beech, CNN Mount Sinai Morningside and West hospital reached a tentative agreement with the state nursing union on a new contract Sunday, avoiding a strike Monday morning, according to a news release from the union. Nurses at two other area hospitals, Mount Sinai Hospital and Montefiore

By Celina Tebor, CNN Crucial union negotiations between Mount Sinai Hospital and the New York State Nurses Association appear to be at a standstill and both parties say the other is refusing to return to the bargaining table. As the impasse continues between the hospital and union, the most vulnerable patients — newborns in Mount

By Celina Tebor, Vanessa Yurkevich and Ramishah Maruf, CNN More than 8,700 nurses are prepared to go on strike Monday at 6 am ET if tentative contract agreements are not reached at several New York City hospitals, New York State Nurses Association (NYSNA) President Nancy Hagans said at a virtual press conference Saturday morning. That’s

By Jennifer Korn, CNN As the football world hopes for more good news about Buffalo Bills safety Damar Hamlin’s recovery, some fans are wondering how to address a small elephant in the room: What to do about unfinished fantasy football leagues? Monday was the final day for many leagues, and with the NFL deciding to

By Zoe Sottile, CNN Stock up on your starry pasta while you can. Pasta brand Ronzoni has announced that the company is discontinuing its pastina product, a tiny star-shaped pasta. Ronzoni, a subsidiary of Post Holdings, made what some see as a tragic announcement in an Instagram post on Tuesday. “We hear you and greatly

By Kiely Westhoff and Samantha Beech Famed Manhattan hospital Mount Sinai is moving newborns in their intensive care unit to other hospitals ahead of a planned New York nursing union strike. Around 10,000 nurses at five private New York City hospitals are set to strike Monday after not yet reaching agreements on contracts and working

By Nathaniel Meyersohn, CNN Throughout the pandemic, major retailers have warned about surging theft and a rise in brazen shoplifting attempts. But a top Walgreens executive now says the freakout may have been overblown. “Maybe we cried too much last year” about merchandise losses, Walgreens finance chief James Kehoe acknowledged Thursday on an earnings call.

By Anna Cooban, CNN Natural gas prices in Europe and the United States have tumbled to levels last seen before Russia sparked a global energy crisis by invading Ukraine. Wholesale European gas prices, as measured by the benchmark Dutch futures contract, have dropped almost 48% since mid-December to trade at €71 ($74) per megawatt hour

By Chris Isidore, CNN The NFL’s decision not to resume or replay Monday’s Bills-Bengals game, which was halted after Buffalo safety Damar Hamlin suffered cardiac arrest, won’t be particularly costly the world’s richest sports league. After the league announced late Thursday that the game will not be completed, the home-team Cincinnati Bengals notified fans who

By Joe Sutton, CNN Buffalo Bills safety Damar Hamlin, who collapsed on the field during Monday’s football game and suffered cardiac arrest, has the most sought-after jersey on Fanatics. “Damar still has the most purchased jersey among all athletes across all sports on Fanatics since Monday night,” a spokesperson for Fanatics said. The sports merchandise

By Laura He, CNN Tesla has slashed car prices in China for the second time in less than three months, in an effort to boost sales amidst slowing demand in the world’s largest car market. The electric vehicle maker cut prices for all versions of its China-made Model 3 and Model Y on Friday, according

By Hanna Ziady, CNN The UK government is planning to introduce a new law forcing workers in key public sectors such as ambulance services to maintain a basic level of service during strike action or risk dismissal. In a statement on Thursday, the government said it would introduce a bill in parliament in the coming

By Diksha Madhok, Ehsan Popalzai and Masoud Popalzai, CNN The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin as the radical Islamist group attempts to bolster the South Asian nation’s increasingly impoverished and isolated economy. The agreement with China’s Xinjiang Central Asia Petroleum and

By Oliver Darcy, CNN Business The Wall Street Journal is demanding answers from the Phoenix Police Department after an officer detained and handcuffed one of its reporters outside a Chase Bank — an incident that press freedom advocates say raises First Amendment concerns and mirrors a larger, growing hostility from local law enforcement toward journalists

By Kathleen Magramo, CNN Hong Kong’s flagship airline is more than doubling its flights from the city to mainland China after the easing of pandemic restrictions, raising hopes of a recovery after dramatically cutting operations and suffering losses. Cathay Pacific Airways’ ramped up flight schedule was announced after China confirmed on Thursday that it will

By Peter Valdes-Dapena, CNN Business Stellantis’s Ram truck brand is behind its competitors on launching an electric pickup, with trucks from major rivals already on the market or coming soon. But Stellantis CEO Carlos Tavares has said the company is using its time to come up with features and capabilities competitors won’t have. That may

By Jordan Valinsky, CNN Even millionaires are noticing that grocery shopping has become really expensive. Just listen to Cardi B. The rapper posted an expletive-laden video rant on Twitter asking “anybody that is responsible” to lower grocery prices because they’ve recently been “tripling up.” She said she noticed the skyrocketing prices from a “summary” of

By Julia Horowitz, CNN Ukraine’s economy shrank by more than 30% in 2022 after Russia’s brutal invasion destroyed infrastructure, hurt businesses and disrupted daily life, according to the country’s economy ministry. “During 2022, Ukraine’s economy suffered the largest losses and damage in the history of its independence,” Economy Minister Yulia Svyrydenko said Thursday. The projected

By Peter Valdes-Dapena, CNN BMW unveiled a pair of concept cars at the Consumer Electronics Show that show off how future cars might respond to the moods of their owners, with moods of their own. The two cars, which look basically the same, are both called the i Vision Dee concept. Dee stands for Digital

By Catherine Thorbecke, CNN Amazon says it plans to lay off more than 18,000 employees as the global economic outlook continues to worsen. Several teams will be affected, including the human resources department and Amazon Stores, according to a memo from CEO Andy Jassy shared with employees. “Companies that last a long time go through

By Anna Bahney, CNN It is almost as if the wild turns in the Manhattan real estate market during the pandemic didn’t happen. Almost. The frenzy to buy apartments in Manhattan took off in 2021 as the city bounced back from the worst of the pandemic. But it nosedived at the end of 2022, with

By Nathaniel Meyersohn, CNN Skip Bayless spent a third straight day defending his controversial tweet about Buffalo Bills safety Damar Hamlin, this time during a tense exchange Wednesday with his Fox Sports talk show co-host Shannon Sharpe. Sharpe, a former NFL player and member of the NFL Hall of Fame, returned to the duo’s talk