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By Nathaniel Meyersohn, CNN New York (CNN) — Walgreens said Thursday that it plans to close a “significant” number of its roughly 8,600 stores in the United States. Around 25% of Walgreens’ stores aren’t profitable, and the chain will look to close stores that are right by one another or struggling to hold down theft,

By Ramishah Maruf and Eva Rothenberg, CNN New York (CNN) — CDK Global is still down heading into the brisk car-selling Fourth of July holiday next week. Auto dealerships use its software to manage everything from scheduling to records, and the mass outage since last week has paralyzed nearly 15,000 dealerships across North America. CDK

By Chris Isidore, CNN New York (CNN) — A jury ordered the NFL on Thursday to pay more than $4.7 billion for anti-trust violations surrounding its “Sunday Ticket” package, which lets fans watch games outside of their home markets but required them to buy access to a bundle of games to do so. Because of

By Nathaniel Meyersohn, CNN New York (CNN) — Nike posted sluggish growth as the largest sportswear brand in the world faced rising competition, a consumer pullback in its key markets and strategy missteps. Nike’s sales grew 1% last year and were flat last quarter, the company reported Thursday. The company projects sales to drop 10%

By Samantha Murphy Kelly, CNN (CNN) — An international roaming outage is leaving customers of the three major US mobile carriers in the dark, making it difficult or impossible for American customers who are currently out of the country to make calls, send messages and use data. AT&T, T-Mobile and Verizon confirmed to CNN that

By Alicia Wallace, CNN (CNN) — The number of Americans receiving jobless benefits for multiple weeks climbed to its highest level since November 2021, according to Labor Department data released Thursday. The latest data is an indication that unemployed Americans may be having more trouble in landing work: The number of continuing claims, which are

By Jordan Valinsky, CNN New York (CNN) — This is the summer of fast food value meal wars, and Taco Bell isn’t sitting back. The chain announced Thursday that it’s entering the battle with one of its biggest deals ever. The “Luxe Cravings Box” is a collection of its four of its most popular foods,

By Jordan Valinsky, CNN New York (CNN) — Walgreens is set to close a substantial number of its roughly 8,600 locations across the United States as the company looks to reset the struggling pharmaceutical chain’s business. The company didn’t announce a specific number of store closures, but it said Thursday that it is planning “significant”

By Ramishah Maruf, CNN New York (CNN) — The ongoing outage at CDK Global has affected thousands of car buyers, dealerships and auto service providers. The outage has not only paralyzed thousands of dealerships but has also affected the people who work there. Are you an employee whose paycheck has been affected as a result?

By Ramishah Maruf, CNN New York (CNN) — Cyberattacks seem to be more devastating than ever and taking targeted companies even longer to resolve. The latest attack to receive wide attention continues that trend: An ongoing cyber incident at CDK Global, whose software car dealerships use to manage everything from scheduling to records, has crippled

By Matt Egan, CNN New York (CNN) — Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices. Economists at Bank of America warned this week that the US housing market is “stuck and we are not convinced it will become unstuck” until 2026 —

By Gregory Wallace and Chris Isidore, CNN Renton, Washington (CNN) — For months, missing paperwork has hindered the investigation into how a door plug blew off a 737 Max on an Alaska Airlines flight in January, making it difficult to find out who made the near tragic mistake. This week, Boeing disclosed that the paperwork

By Heather Chen, CNN (CNN) — Cambodian strongman leader Hun Sen has thrown his weight behind a new homegrown messaging app, which critics say is a way for the government to monitor and undermine political discussion in the country. CoolApp, launched this month to rival WhatsApp and Telegram, will make it “difficult for foreigners to

By Hadas Gold, CNN (CNN) — CNN on Thursday will do something no network has done in more than 35 years – host its own general election presidential debate. It is a pivotal moment, not just for the country as it picks a new president, but also for CNN — with a new leader at the

By Chris Youd, CNN (CNN) — The Tennessee Attorney General’s office has turned its investigation into the failed foreclosure attempt of Elvis Presley’s Graceland estate over to federal investigators, according to a statement provided by his office. “The Tennessee Attorney General’s Office looked into the Graceland matter, and it quickly became apparent that this was a matter best

By Ramishah Maruf, CNN New York (CNN) — CDK Global said Wednesday that it has been able to bring a “small initial test group” of car dealerships back online, a week after a crippling software outage left thousands of car sellers across North America at a standstill. “We have successfully brought a small initial test

By Samantha Delouya, CNN (CNN) — Volkswagen has recalled 271,330 of its Atlas SUV vehicles due to faulty passenger-side airbags. Certain Atlas vehicles made between 2021 and 2024 and Atlas Cross Sport vehicles made between 2020 and 2024 may experience a wiring error, causing front passenger airbags not to deploy, according to a Wednesday report

By Elisabeth Buchwald, CNN New York (CNN) — America’s biggest banks are well positioned to survive a severe recession while continuing to lend to households and businesses, the Federal Reserve said Wednesday in its annual bank resilience test, commonly referred to as a stress test. However, banks could suffer higher losses, if a significant economic

By Gabe Cohen, David Goldman and Gregory Wallace, CNN (CNN) — A whistleblower has come forward Wednesday alleging parts of Boeing’s 787 Dreamliner planes were built in an unsafe manner – potentially leading to “devastating consequences.” Richard Cuevas, a mechanic at Strom, a contractor for Boeing manufacturing partner Spirit Aerosystems, claims that he witnessed holes

By Samantha Murphy Kelly, CNN (CNN) — NBC is bringing a version of famed sportscaster Al Michaels back to the Olympics this summer with an unlikely twist: His voice will be powered by artificial intelligence. NBC announced on Wednesday it will use AI software to recreate Michaels’ voice to deliver daily recaps of the Summer

By Matt Egan, CNN New York (CNN) — About one in three Americans making six-figure salaries are worried about paying their bills, according to a new survey from the Federal Reserve Bank of Philadelphia. The survey finds a notable increase over the past year of consumers making $100,000 a year or more who are concerned

By David Goldman, CNN (CNN) — Two presidential task forces formed to recommend how Harvard can combat antisemitism and anti-Muslim, anti-Arab and anti-Palestinian activity on campus have spoken: Harvard needs to act now. The two groups issued preliminary reports on Wednesday aimed at restoring the university’s trust with students, faculty and the broader community. The

By Bryan Mena, CNN Washington (CNN) — Sales of newly built homes dropped last month as mortgage rates remained elevated. New home sales, which make up only about 10% of the market, fell 11.3% in May from the prior month, to 619,000, according to government data released Wednesday. That was the steepest monthly decline since

By Hanna Ziady, CNN London (CNN) — Dairy farmers in Denmark face having to pay an annual tax of 672 krone ($96) per cow for the planet-heating emissions they generate. The country’s coalition government agreed this week to introduce the world’s first carbon emissions tax on agriculture. It will mean new levies on livestock starting

By Jordan Valinsky, CNN New York (CNN) — Following the success of Connections and Wordle, the pressure was on for the New York Times to find its next hit game. It didn’t have to look far. Strands, a word search game, is officially joining the newspaper’s portfolio of games Friday following a four-month testing phase

By Juliana Liu, CNN Hong Kong (CNN) — Two employees have left Adidas as a result of an ongoing investigation by the German sportswear brand into allegations of corruption in China. Adidas said last week that it was investigating “compliance violations” in China, a key market for its sportswear, after Chinese state media reported that

By Anna Cooban, CNN London (CNN) — All Snapchill canned coffee products are being recalled across the United States because of fears they may contain a deadly toxin. Snapchill is voluntarily recalling the 296 products because its “current (manufacturing) process could lead to the growth and production” of the botulinum toxin, according to a company

By Oliver Darcy, CNN (CNN) — Early Wednesday morning, at 2am ET, imprisoned Wall Street Journal reporter Evan Gershkovich’s trial commenced before a Russian court on bogus espionage charges. Covering the judicial charade will present an unprecedented challenge for The Journal and other news outlets, given that the trial will take place in secret, behind closed doors. Some images

By Matt Egan, CNN (CNN) — Inflation remains public enemy No. 1 in today’s economy. Americans are fed up with the cost of living and former President Donald Trump says he will help. Yet 16 Nobel Prize-winning economists are warning that Trump’s proposals wouldn’t just fail to fix inflation — they would make matters worse.

By Scott McLean and Umut Sevdi Tangor, CNN Istanbul (CNN) — Levi’s is a global brand that says it has always stood up for “what’s right.” But its claim to be an ethical company is now in question following the release of a report from an independent labor monitoring group. Critics accuse Levi’s (LEVI) of

CNN By Scott McLean and Umut Sevdi Tangor, CNN Istanbul (CNN) — Levi’s is a global brand that says it has always stood up for “what’s right.” But its claim to be an ethical company is now in question following the release of a report from an independent labor monitoring group. Critics accuse Levi’s (LEVI)

By Amy Gunia, CNN (CNN) — The world’s first minister dedicated to developing artificial intelligence (AI) strategy is already becoming embroiled in a global power struggle for tech supremacy. In April, Microsoft (MSFT) announced a $1.5 billion investment in G42, an AI group based in Abu Dhabi, capital of the United Arab Emirates (UAE), and

By Peter Valdes-Dapena, CNN (CNN) — Ford is recalling more than 550,000 F-150 pickups in the United States because of an issue that can cause the transmission to suddenly and unexpectedly, at any speed, shift down to first gear. These trucks have six-speed transmissions. Usually, first gear is used to drive a vehicle at very

By Peter Valdes-Dapena, CNN (CNN) — Rivian and Volkswagen Group are forming a joint venture to create vehicle software, the two companies announced Tuesday. VW will invest a total of $5 billion into struggling electric vehicle maker Rivian as part of the arrangement, including a $1 billion immediate investment. The two automakers did not provide

By Ramishah Maruf, CNN New York (CNN) — CDK Global, the retail software provider behind the massive auto dealer outage, says it doesn’t believe its systems will be back online before June 30, a major blow to car buyers and sellers who have been struggling to complete auto sales during peak car buying season. A

By Chris Isidore, CNN New York (CNN) — Norfolk Southern on Tuesday faced harsh criticism from regulators for its decisions immediately after a February 2023 derailment in East Palestine, Ohio. During an all-day hearing in the town itself, hosted by the National Transportation Safety Board, the harshest criticism focused on the railroad’s advocating for a

By Samantha Murphy Kelly, CNN (CNN) — Toys “R” Us is proving artificial intelligence could have a future in film. The retail toy brand premiered a short promo film at the 2024 Cannes Lions Festival in France this week that was created almost entirely by using OpenAI’s new text-to-video tool. The company’s entertainment studio partnered

By Peter Valdes-Dapena, CNN (CNN) — Tesla has issued two recalls on the Cybertruck, its third and fourth, since the model was introduced late last year. The latest recall, which includes almost all of the nearly 12,000 trucks on the road so far, involves the truck’s huge single windshield wiper and a piece of plastic

By Parija Kavilanz, CNN New York (CNN) — Millions of Miniverse toy sets made by toymaker MGA Entertainment have been recalled because they pose a serious risk of skin burn, eye and respiratory irritation when touched, inhaled or ingested, the US Consumer Product Safety Commission said Tuesday. The recall involves the “Make it Mini” sets

By Nicole Goodkind, CNN London (CNN) — At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. By June, they had lowered that projection to just one cut. Now some key policymakers say it won’t happen at all. On Tuesday morning, Fed governor Michelle Bowman said

By Elisabeth Buchwald and Parija Kavilanz, CNN New York (CNN) — A federal judge overseeing a $30 billion preliminary swipe-fees settlement between Mastercard, Visa and retailers formally rejected the deal Tuesday. The ruling likely means the credit card processors will have to make more concessions to resolve their long-standing dispute with merchants. Mastercard and Visa,

By Alicia Wallace, CNN (CNN) — US consumer confidence teetered slightly in June as Americans grew a little warier about the future, new data released Tuesday showed. The Conference Board’s latest consumer confidence index dipped to 100.4 in June from a downwardly revised level of 101.3 in May. June’s reading landed in line with what

By Chris Isidore, CNN New York (CNN) — Airbus cut its target for how many planes it expects to make this year and next, citing supply chain issues. It’s the latest bad news for airlines and passengers as jet supply continues to get squeezed. The tighter-than-expected supply of jets is forcing airlines to adjust their

By Anna Cooban and Samantha Delouya, CNN London (CNN) — Nvidia stock staged a comeback on Tuesday after a multi-day sell-off that cost the US chipmaker its crown as the world’s most valuable public company. On Tuesday, Nvidia closed nearly 7% higher, reversing course after three straight days of declines, which caused some investors to

By Eva Rothenberg, CNN New York (CNN) — A CDK Global system outage has affected nearly every aspect of the Mazda dealership in Seekonk, Massachusetts, where Ryan Callahan is general sales manager. He says it won’t be a simple fix. “The financial impact it will directly have on us will take months to correct, if

By Hanna Ziady and Brian Fung, CNN London (CNN) — Microsoft has violated European Union antitrust laws by bundling Teams with its other popular applications for businesses, EU officials said Tuesday, marking the bloc’s latest challenge to a US tech giant. If confirmed, the preliminary findings of an EU investigation could lead to a fine

By Jordan Valinsky, CNN New York (CNN) — At 66 years old, Perkins Restaurant and Bakery is due for a touch up. The diner chain, best known for its pies and pancakes, is getting a major makeover that includes a new logo and name, a redesign of its nearly 300 restaurants as well as a

By Matt Egan, CNN New York (CNN) — Reid Hoffman knows firsthand that riches can be made building a social media empire. But the LinkedIn co-founder is dumbfounded by the size of the social media fortune former President Donald Trump is sitting on. Trump’s conservative social media company, Truth Social owner Trump Media & Technology

By Clare Duffy, CNN New York (CNN) — Snapchat is working to make it harder for teenagers to be contacted on the app by people they don’t know, its latest effort to stop the sexual and financial exploitation scam known as sextortion. The company on Tuesday announced a set of new safety features, including expanded

By Juliana Liu and Joyce Jiang, CNN Hong Kong (CNN) — Chinese Premier Li Qiang has warned against a “vicious cycle” of economic decoupling from the West, as Beijing struggles to contain rising global pushback over soaring electric vehicle (EV) exports. Speaking to international executives at the “Summer Davos” forum in the northeastern city of

By Chris Lau and Rinka Tonsho, CNN Tokyo (CNN) — Pufferfish is regarded as a luxury in Japan and a meal featuring the potentially poisonous delicacy can easily cost up to 20,000 yen ($125) at high-end restaurants. But now, adventurous foodies in Japan can get a taste of “fugu” for a fraction of the price,

CNN By Chris Isidore and Evan Perez, CNN New York (CNN) — Prosecutors are urging the US Justice Department to file criminal charges against Boeing for safety issues surrounding its 737 Max, although top Justice Department officials haven’t made a final decision, a source familiar with the development tells CNN. The possible criminal charges are

By Hadas Gold, CNN (CNN) — Conspiracy theorist Alex Jones’ Infowars media empire will be shut down and sold off, a bankruptcy court-appointed trustee said in an emergency court filing Sunday, signalling the end of the notorious far-right outlet that Jones has used to spread dangerous misinformation and lies. Earlier this month, a bankruptcy judge ruled that Jones’ personal assets would be

By Chris Isidore and Evan Perez, CNN New York (CNN) — Prosecutors are urging the US Justice Department to file criminal charges against Boeing for safety issues surrounding its 737 Max, although top Justice Department officials haven’t made a final decision, a source familiar with the development tells CNN. The possible criminal charges are just

CNN, U.S. TREASURY DEPARTMENT U.S. TREASURY DEPARTMENT By Danielle Wiener-Bronner, CNN New York (CNN) — “God I love Texas Roadhouse,” began one thread on Reddit, with over 1,000 upvotes. “Texas Roadhouse never disappoints,” began another, with over 5,000 votes. A third touted the “incredible value.” If there’s anything Americans love, it’s cheap meat. So business

By Danielle Wiener-Bronner, CNN New York (CNN) — “God I love Texas Roadhouse,” began one thread on Reddit, with over 1,000 upvotes. “Texas Roadhouse never disappoints,” began another, with over 5,000 votes. A third touted the “incredible value.” If there’s anything Americans love, it’s cheap meat. So business is booming at Texas Roadhouse and LongHorn

By Samantha Murphy Kelly, CNN (CNN) — A group of major record labels is suing two AI startups, alleging they wrongfully used popular artists’ work to train their systems to produce copyrighted music without their consent. The Recording Industry Association of America – the trade group on behalf of labels including Sony Music Entertainment, UMG

By Eva Rothenberg, CNN (CNN) — CDK Global, a retail software provider, has been grappling with a system outage that has paralyzed car dealerships across North America. The system outage has affected thousands of car dealerships, burdening both dealerships and customers. Are you someone who has been affected in some way by the outage? Maybe a customer who

By Jordan Valinsky, CNN New York (CNN) — Hooters is the latest chain to close dozens of locations across the United States, blaming tough economic challenges including rising food and labor costs. “Like many restaurants under pressure from current market conditions, Hooters has made the difficult decision to close a select number of underperforming stores,”

By Kristina Sgueglia, CNN (CNN) — Columbia University says it’s placed three administrators on leave pending a university investigation of a weeks-old incident at an alumni reunion event. The university, which reiterated its commitment to combatting antisemitism, did not share any specifics for the leave. But the Washington Free Beacon and later the Columbia Spectator

By Jeanne Sahadi, CNN New York (CNN) — A new study finds evidence that years prior to a person’s diagnosis of a memory disorder, such as Alzheimer’s or dementia, their financial credit can deteriorate, thanks to late or missed payments, among other things. If someone close to you has a memory disorder, did you witness their

By Diksha Madhok and Joyce Jiang, CNN (CNN) — Huawei is in the midst of one of the most stunning comebacks in the history of the tech industry. The Chinese giant, which has been a flashpoint in the escalating rivalry between Washington and Beijing, says more than 900 million smartphones now use its in-house operating

By Anna Cooban, CNN London (CNN) — European Union regulators have accused Apple of breaking tough new digital competition rules by preventing app developers from freely directing consumers to cheaper services. The European Commission’s preliminary findings stem from an investigation opened in March. If found guilty, the company could face a fine of up to

By Eva Rothenberg, CNN New York (CNN) — Retail software provider CDK Global says it will likely take several days for its software to be back online and operational, as the company grapples with a system outage that has paralyzed nearly 15,000 car dealerships across North America since Wednesday. The data provider’s software, which dealerships use

By Krystal Hur, CNN New York (CNN) — One morning at 6 am, Gyaltsen Moktan woke in a panic. It was 2019. He worked at an all-you-can-eat sushi buffet and was responsible for opening the restaurant each morning. So he set a wakeup call on his iPhone. Then Apple’s “By the Seaside” alarm sound went

By Erika Tulfo, CNN (CNN) — Krispy Kreme’s newest doughnuts celebrate the 30th anniversary of the sitcom “Friends.” But while the show was set in New York, the doughnuts aren’t for sale in NYC – or anywhere else in the US. The new flavors are available only in the UK and Ireland. The decision has

By Chris Isidore, CNN New York (CNN) — Alaska Airlines and its 7,000-member flight attendants union reached a tentative labor deal late Friday, concluding talks that lasted more than a year and a half. Terms of the deal have not been released, though the union called it a “record contract.” The deal likely contains a

By Chris Isidore, CNN New York (CNN) — This was supposed to be the year that air conditioning came to UPS delivery vans. It hasn’t worked out that way. Despite a promise in the contract reached with the Teamsters union last year, UPS has not yet purchased any new vans with AC, even as temperatures

By Chris Isidore and Arit John, CNN New. York (CNN) — Teamsters President Sean O’Brien will speak to the Republican National Convention in Milwaukee in July, a sign that former President Donald Trump’s campaign is hoping to peel off the support of union members from President Joe Biden. But unlike other speakers at the RNC,

By Bryan Mena, CNN Washington (CNN) — Homes in America are the most expensive they’ve ever been, according to one measure. The median price of a previously owned US home climbed for the eleventh consecutive month in May, up 5.8% from a year ago, to $419,300, the National Association of Realtors said Friday. That’s the

By Samantha Murphy Kelly, CNN (CNN) — Apple is banking on its upcoming AI features to boost iPhone sales especially in China, where demand has been lagging. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China. In a presentation earlier this month, Apple (AAPL) showed off its

By Oliver Darcy, CNN (CNN) — The Washington Post said Friday that Robert Winnett, the British journalist who had been slated to take over as the newspaper’s top editor, will no longer join the publication that has been ensnared in a weeks-long crisis over ethics questions. “It is with regret that I share with you

By Jordan Valinsky, CNN New York (CNN) — Amazon is eliminating the use of the puffy plastic air pillows used in delivery boxes, joining other major companies that are cutting their plastic use. The company said it was shipping 15 billion plastic pillows annually, and the changes represent its largest plastic packaging reduction effort in

By Ramishah Maruf and Peter Valdes-Dapena, CNN New York (CNN) — CDK Global is ubiquitous in the auto dealership world – its software is used at 15,000 dealers. Its products handle everything from records to scheduling. Now, thousands of dealerships across the United States and Canada are entering a third day in a near deadlock

By Jeanne Sahadi, CNN New York (CNN) — Happy day-after-summer-solstice. With any luck, if your employer has instituted a Summer Fridays policy, you’ll get to knock off work early or even take the whole day off. It’s always been a popular perk — because who doesn’t want to start their weekend early? However, the majority

By Matt Egan, CNN New York (CNN) — Truth Social owner Trump Media & Technology Group has gone ice-cold. The conservative social media company has lost roughly half its market value since May 30, the day former President Donald Trump was convicted of 34 felony counts in a hush money trial. Trump Media’s volatile share

By Alicia Wallace, CNN (CNN) — The skin gets flush with fever, the breaths grow short, the heart races, dizziness sets in. The helmet and goggles only make matters worse, trapping heat on the head and the eyes. There’s little to no escape from sweltering temperatures for construction workers like Eva Marroquin, who cleans work

By Brian Fung, CNN (CNN) — TikTok ramped up its attacks on the Biden administration Thursday over a law that could ban the popular app from the United States, arguing in a court filing that US TikTok users could be forced to live on an “island” of content disconnected from the rest of the world

By Peter Valdes-Dapena, CNN (CNN) — Bugatti has unveiled its new model, the Bugatti Tourbillon, a massively powerful hybrid with an equally impressive pricetag. The car will replace the $3.3 million, 1,500 horsepower Bugatti Chiron. You might have expected Bugatti’s new model to be all-electric. Not only is the industry headed in that direction, but

By Ramishah Maruf, CNN New York (CNN) — Parts of a pricey blender that can cost up to $990 can cause deep cuts, Vitamix announced in an expanded recall Thursday — but don’t expect a refund. After dozens of reports of lacerations from exposed blades, Vitamix announced a recall of about 569,000 blending containers and

By Brian Fung, CNN (CNN) — Big changes are coming for New York’s youngest social media users after Gov. Kathy Hochul signed two bills into law Thursday clamping down on digital platforms’ algorithms and use of children’s data. The unprecedented move makes New York the first state to pass a law regulating social media algorithms

By Chris Isidore, CNN New York (CNN) — Reports of harrowing and sometimes tragic incidents aboard airplanes seem to have accelerated this year, leading many to wonder if it’s still safe to fly. Statistics suggest that flying commercial is still the safest way to travel. But the first half of this year has been one

By Peter Valdes-Dapena, CNN (CNN) — Toyota is recalling 145,000 Lexus TX and Toyota Grand Highlander SUVs because of an issue that could cause one of the side curtain airbags to fail to deploy in some situations. The curtain airbag on the driver’s side may not deploy properly “during certain crashes” if the driver’s side

By Bryan Mena, CNN Washington (CNN) — Mortgage rates fell this week to their lowest level since early April, taking some pressure off America’s unaffordable housing market. The standard 30-year fixed-rate mortgage averaged 6.87% in the week ending June 20, mortgage financing giant Freddie Mac reported Thursday. That’s down from last week’s 6.95% average and

By Clare Duffy, CNN New York (CNN) — The OpenAI co-founder who left the high-flying artificial intelligence startup last month has announced his next venture: a company dedicated to building safe, powerful artificial intelligence that could become a rival to his old employer. Ilya Sutskever announced plans for the new company, aptly named Safe Superintelligence

By Oliver Darcy, CNN (CNN) — Two Pulitzer Prize-winning journalists at The Washington Post went on the record late Wednesday, calling for leadership change at the storied newspaper as questions swirl over the integrity of its new publisher and chief executive, Will Lewis. “I don’t know a single person at the Post who thinks the

By Hanna Ziady, CNN London (CNN) — Leading shipping groups have urged governments “with influence” to put a stop to Houthi attacks on vessels in the Red Sea after a second freighter sank this week. At least three seafarers have been killed in the attacks so far. The latest sinking is likely to have led

By Jordan Valinsky, CNN New York (CNN) — McDonald’s has revealed the details of its highly anticipated $5 value meal, which the fast food chain hopes will rev up sluggish sales and lure back customers who have cut back. Beginning June 25, McDonald’s US locations are selling a “$5 Meal Deal” for a limited time.

By Jordan Valinsky, CNN New York (CNN) — This weekend’s rematch between basketball rivals Caitlin Clark and Angel Reese is breaking more records before it even begins. Ticket prices for Clark’s Indiana Fever and Reese’s Chicago Sky are the most expensive for a WNBA game ever, according to TickPick, with the average hovering at around

By Matt Egan, CNN New York (CNN) — Corporate America is rapidly adopting artificial intelligence to automate work once exclusively done by humans. More than half (61%) of large US firms plan to use AI within the next year to automate tasks previously done by employees, according to a survey of finance chiefs released Thursday.

By Elisabeth Buchwald, CNN New York (CNN) — It’s easy to grasp why Apple, Microsoft and Google are multitrillion-dollar companies: Just think about how many people around the world interact with the companies’ products and rely on them to go about their daily lives. But these multigenerational brand names are now trailing behind Nvidia, suddenly

By Anna Cooban, CNN London (CNN) — Private schools in Britain conjure up images of rolling lawns, pristine tennis courts, and dormitory rooms, serving as gilded hothouses of privilege. Eton College, perhaps the most famous, has educated no fewer than 20 UK prime ministers. These schools may soon become even more exclusive if the opposition

By Laura He and Olesya Dmitracova, CNN Hong Kong/London (CNN) — Battered by Western sanctions, Russia’s largest privately owned bank is expanding its business in the world’s second-largest economy. Alfa Bank, controlled by sanctioned Russian oligarch Mikhail Fridman, has launched a website and support service in Chinese for businesses in the country, it said in

By Natasha Chen, CNN (CNN) — Two employees are suing the Walt Disney Company, saying the company moved their jobs from California to Florida, only for Disney to cancel the project and move them back, hurting them financially and emotionally. They’re proposing a class action, alleging there are many others in a similar situation. In 2021,

By Pete Muntean, CNN (CNN) — At least two major airlines have warned pilots that if a bird hits one of the engines on a Boeing 737 Max, the passenger cabin could become filled with smoke. Documents newly obtained by CNN detail that Boeing warned Southwest Airlines and American Airlines of the potential problem in

By Clare Duffy, CNN New York (CNN) — Airbnb has undermined users’ safety by scaling back its work to remove extremists from its platform, a former contractor alleged in a new whistleblower complaint. Jess Hernandez worked full-time as an investigations analyst for Airbnb’s dangerous organizations team from May 2022 to November 2023, researching extremist networks

By Peter Valdes-Dapena, CNN (CNN) — US and Canadian auto dealerships remained at a near-standstill on Thursday because of a second cyber incident at data provider CDK Global, whose software is used at 15,000 auto dealers – an outage that could last for days, perhaps eating into sales over the first official weekend of summer.

By David Goldman, CNN (CNN) — Wikipedia’s editors declared that the Anti-Defamation League cannot be trusted to give reliable information on the Israel-Palestine conflict, and they overwhelmingly said the ADL is an unreliable source on antisemitism. It’s a stunning rebuke to one of the world’s preeminent authorities on anti-Jewish hate and a significant advocate for

By Jordan Valinsky, CNN New York (CNN) — Families that lost loved ones in two Boeing 737 Max crashes said on Wednesday that the company committed the “deadliest corporate crime in US history” and asked the Justice Department to fine the company the maximum $24 billion it could face in a criminal trial. The families