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CNN By Samantha Murphy Kelly, CNN (CNN) — Elon Musk says artificial intelligence will take all our jobs and that’s not necessarily a bad thing. “Probably none of us will have a job,” Musk said about AI at a tech conference on Thursday. While speaking remotely via webcam at VivaTech 2024 in Paris, Musk described

CNN By Elisabeth Buchwald, CNN New York (CNN) — The House Committee on Education and the Workforce’s hearing on campus antisemitism Thursday came with no shortage of fiery exchanges between lawmakers and the heads of Northwestern University, Rutgers University and the University of California, Los Angeles (UCLA). But unlike two prior hearings, Thursday’s was the

By Elisabeth Buchwald, CNN New York (CNN) — The House Committee on Education and the Workforce’s hearing on campus antisemitism Thursday came with no shortage of fiery exchanges between lawmakers and the heads of Northwestern University, Rutgers University and the University of California, Los Angeles (UCLA). But unlike two prior hearings, Thursday’s was the first

By Samantha Murphy Kelly, CNN (CNN) — Elon Musk says artificial intelligence will take all our jobs and that’s not necessarily a bad thing. “Probably none of us will have a job,” Musk said about AI at a tech conference on Thursday. While speaking remotely via webcam at VivaTech 2024 in Paris, Musk described a

By Gregory Wallace, CNN (CNN) — Boeing will present its plan to fix quality problems with its assembly line to US regulators next week, the company said Thursday. The plan was ordered up by the Federal Aviation Administration in late February after a hole blew open in the side of an airborne 737 Max a month

By Brian Fung, CNN (CNN) — The Justice Department’s massive antitrust suit against Live Nation on Thursday reflects widespread frustration among fans and concertgoers everywhere who are fed up with confusing fees, ticket restrictions and poor customer service at its Ticketmaster business, the country’s biggest live event ticketing company. But the Department of Justice says

By Clare Duffy, CNN New York (CNN) — Meta this week appointed a group of outside advisors to provide guidance on its artificial intelligence strategy. The four-person advisory group is composed entirely of White men. The tech giant said the group, which includes tech entrepreneurs and investors, will periodically consult with Meta’s management “on strategic

CNN By Brian Fung, Hannah Rabinowitz and Sabrina Souza, CNN Washington (CNN) — In a groundbreaking antitrust lawsuit that threatens to upend the way concertgoers pay for tickets, the US government and dozens of states sued Live Nation on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm

By Brian Fung, Hannah Rabinowitz and Sabrina Souza, CNN Washington (CNN) — In a groundbreaking antitrust lawsuit that threatens to upend the way concertgoers pay for tickets, the US government and dozens of states sued Live Nation on Thursday, alleging that for years the parent company of Ticketmaster abused its industry dominance to harm fans

By Olesya Dmitracova, CNN London (CNN) — Mondelez, the maker of Oreo and Cadbury Dairy Milk chocolate, has been fined €337.5 million ($366 million) for hindering the trade of chocolate, cookies and coffee between European Union countries in order to keep prices high. Margrethe Vestager, the EU’s competition chief, said in a statement Thursday that Mondelez had

By Laura He, CNN Hong Kong (CNN) — PDD Holdings, the owner of Temu and Pinduoduo, is blowing past market expectations with a massive surge in profit and revenue as American and Chinese consumers swarm its bargain shopping apps for low-cost products. The Shanghai-based company reported Wednesday that net profit soared 246% to 28 billion

By Evan Perez, CNN (CNN) — The Justice Department and several states are expected to file a lawsuit as soon as Thursday against Live Nation Inc, citing alleged antitrust violations at least in part due to the market dominance of the company’s Ticketmaster unit, a person briefed on the planned legal action said. A successful

By Samantha Delouya, CNN (CNN) — DuPont de Nemours, the American multinational chemical company that traces its history back to 1802, announced plans to split into three publicly traded companies on Wednesday. The company plans to spin off its electronics and water businesses into their own yet-to-be-named companies in a transaction that is tax-free to

By Samantha Delouya and Clare Duffy, CNN (CNN) — Nvidia announced a 10-for-1 stock split on Wednesday, making buying shares in the red-hot semiconductor company more accessible for individual investors. Five years ago, an investor could have purchased Nvidia stock for less than $50 a share. But since then, the stock has exploded more than

By Allison Morrow, CNN New York (CNN) — Prison officials began transferring former crypto mogul Sam Bankman-Fried to a new facility early Wednesday, removing him from the Brooklyn, New York, jail where he’s resided for the past nine months, a spokesperson for Bankman-Fried said. It wasn’t immediately clear where he was being transferred, but the

By Krystal Hur, CNN New York (CNN) — BuzzFeed’s stock is soaring after former Republican presidential candidate Vivek Ramasamy revealed that he’s taken an activist stake in the beleaguered media company in a bid to adjust the firm’s strategy. Shares of BuzzFeed gained about 20% on Wednesday after a securities filing revealed that Ramaswamy has

By Brian Fung, CNN (CNN) — TikTok is planning to lay off large swaths of its operations and marketing workforce, current employees briefed on the plans told CNN. The global layoffs are expected to hit teams that handle user support and communications, as well as content and marketing. TikTok’s current global user operations team will

By Ryan Bergeron, CNN (CNN) — Valera Kucherenko had already served a term in the Ukrainian army when Russia invaded in 2022. But he joined back up and, on a fateful October night in 2023, lost both hands in a grenade attack. It’s a story that’s all too common for Ukrainian soldiers. Since the start of

By David Goldman, CNN (CNN) — Graceland can stay in the hands of Elvis Presley’s family for the time being, after a Tennessee court chancellor ruled Wednesday that a mysterious company trying to sell it likely committed fraud. Chancellor JoeDae Jenkins said that a planned foreclosure sale of Graceland, Elvis Presley’s historic Memphis home, would

By Matt Egan, CNN New York (CNN) — Congressional Democrats are investigating whether leading US oil companies have illegally colluded with one another and with OPEC to inflate prices at the pump, CNN has learned. Rep. Frank Pallone Jr., the ranking member of the House Committee on Energy and Commerce, sent a letter Tuesday night

By Ramishah Maruf, CNN New York (CNN) — Peloton said it has paused the use of music recorded by Sean “Diddy” Combs on its workout class platform in response to a member of a private Facebook group for Peloton users. In the comment posted on Monday, the company said it also removed the Bad Boy Entertainment Artist Series,

By Danielle Wiener-Bronner, CNN New York (CNN) — Children have again been found working at a Mar-Jac Poultry slaughterhouse, according to the US Department of Labor. The latest discovery in Alabama comes less than a year after a teen worker was killed at a company facility in Mississippi. In a civil complaint filed May 7,

By Peter Valdes-Dapena, CNN (CNN) — Nissan is postponing a push to build new electric vehicles at its Canton, Mississippi, factory as sales of EVs are now growing more slowly than many industry experts had expected. EV sales in the US grew 2.6 % in the first quarter of 2024 compared to the same period

By Peter Valdes-Dapena, CNN (CNN) — Federal regulators are investigating a California crash that killed four occupants who rode in a VinFast electric SUV, which had automated steering features the owner had earlier complained about. The VinFast VF8, made by the Vietnamese automaker founded in 2017, veered off the road and crashed into a pole

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase CEO Jamie Dimon has bumped up his retirement plans, the longtime head of America’s largest bank said Monday. Dimon is one of the most well-known and closely listened to CEOs in the world. Over the course of his tenure at JPMorgan Chase, he’s become somewhat

By Jon Passantino, Hadas Gold and Oliver Darcy, CNN (CNN) — In a sharp reversal, Israel said Tuesday it would return camera and broadcast equipment it had seized from The Associated Press in the southern Israeli city of Sderot on Tuesday after the action prompted swift backlash from US officials and press groups. In a statement late Tuesday, Israel’s Communications Minister Shlomo Karhi said that he “has ordered that the equipment be returned

By Jordan Valinsky, CNN New York (CNN) — Nestlé, the maker of frozen food brands like Stouffer’s and DiGiorno, is slimming down with a new line of meals for people taking GLP-1 drugs, such as Ozempic, for weight loss. The new frozen food brand called Vital Pursuit will consist of 12 portion-controlled meals, high in

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s trade agenda amounts to a tripling-down of the trade war he waged during his first term in office. Not only has Trump called for a 60% tariff on all Chinese goods, the presumptive GOP presidential nominee has said he would impose a tariff

By Raja Razek, CNN (CNN) — Elvis Presley’s granddaughter is suing to stop a foreclosure sale of the late singer’s historic Memphis home, Graceland, scheduled this week, alleging fraud and saying the purported company behind the sale doesn’t exist and has no rights to the property. Danielle Riley Keough, the granddaughter of Elvis and the

By Oliver Darcy, CNN (CNN) — Vox is preparing to celebrate its 10th birthday — making a major change to its business model that reflects how digital news publishers are scrambling to evolve as they are increasingly starved of referral traffic and advertising revenue. Not only will Vox debut a refreshed website on Tuesday morning to

By Elisabeth Buchwald, CNN New York (CNN) — Martin Gruenberg, head of the Federal Deposit Insurance Corporation, will step down following a scathing independent investigation detailing pervasive sexual harassment, discrimination and bullying at the agency charged with regulating the banking sector. “In light of recent events, I am prepared to step down from my responsibilities

By Matt Egan, CNN New York (CNN) — Trump Media & Technology Group lost more than $300 million during the first quarter and generated very little revenue, the owner of Truth Social announced in a press release Monday. The results will raise additional questions about the multi-billion dollar valuation on the newly public company, which

By Elisabeth Buchwald, CNN New York (CNN) — By many measures, the US economy is in great shape. There are millions of job openings and the unemployment rate is low. In fact it hasn’t been this low for such a long stretch of time in decades. If you just graduated college, there’s a good chance

By Krystal Hur, CNN New York (CNN) — Ivan Boesky, the infamous insider trader whose name became synonymous with financial greed and helped inspire the fictional character Gordon Gekko in the 1987 film “Wall Street,” has died. He was 87. His daughter, Marianne Boesky, confirmed to CNN on Monday that he died in his sleep.

By Nathaniel Meyersohn, CNN New York (CNN) — Last summer, Red Lobster made $20 endless shrimp a permanent menu item. Endless shrimp was a successful annual limited-time offer for Red Lobster for 20 years. But Red Lobster’s latest major shareholder, Thai Union, a Bangkok-based canned seafood company, saw the promotion as a way to sell

Imagine you have $400 to spend on a luxury dining experience. You might treat yourself to a tin of premium caviar, a bottle or two of very fine wine or a multi-course meal at a high-end restaurant.

By Anna Cooban, CNN London (CNN) — Saudi Arabia’s national airline has placed an order for 105 Airbus airplanes in the largest-ever deal in the country’s aviation history — another win for troubled Boeing’s European rival. Ibrahim Al-Omar, director general of Saudia Group, the state-controlled owner of the Saudia airline and low-cost carrier Flyadeal, said Monday

By Elisabeth Buchwald, CNN New York (CNN) — Sen. Sherrod Brown, a Democrat who heads the Senate Banking Committee, is calling for a leadership overhaul at the Federal Deposit Insurance Corporation following a scathing 234-page report released earlier this month that detailed pervasive sexual harassment, discrimination and bullying at the agency. Brown stopped short of explicitly

By Brian Fung, Clare Duffy and Ramishah Maruf, CNN New York (CNN) — Actor Scarlett Johansson said in a statement shared with CNN on Monday that she was “shocked, angered and in disbelief” that OpenAI CEO Sam Altman would use a synthetic voice released with an update to ChatGPT “so eerily similar” to hers. The statement

By Nathaniel Meyersohn, CNN New York (CNN) — Red Lobster, which brought affordable shrimp and lobster to middle-class America and grew to become the largest seafood restaurant chain in the world, has filed for bankruptcy. The company said it had more than $1 billion in debt and less than $30 million in cash on hand.

By Diksha Madhok and Hassan Tayir, CNN (CNN) — China has hinted at possible tit-for-tat action against trade barriers imposed by the United States last week, as relations between the two economic superpowers become increasingly fraught. On Sunday, China’s Ministry of Commerce said it was launching an anti-dumping probe into polyoxymethylene or POM copolymers, a

By Eva Rothenberg, CNN New York (CNN) — Minnesota government officials have struck a deal with rideshare companies Uber and Lyft to set minimum wage standards for drivers, lawmakers announced Saturday night. The agreement is the culmination of nearly a year of back and forth between Democratic state officials and the two companies, who threatened

By Eva Rothenberg, CNN New York (CNN) — Universities across the United States have adopted a number of tactics in recent weeks to prevent disruptions by pro-Palestinian protesters at graduation ceremonies. Some universities have reached agreements with on-campus demonstrators, while others have cited safety concerns and canceled, postponed or relocated their schoolwide ceremonies. Several schools

By Samantha Delouya, CNN (CNN) — More Americans are turning 65 this year than ever before, and that number is set to creep even higher over the next few years. It’s fueling a huge rollout of new retirement products — but they’re not all golden tickets. An average of 11,200 Americans will reach that traditional

By Elisabeth Buchwald, CNN New York (CNN) — Emily Miller lucked out. Of the millions of fans — and bots — flooding Ticketmaster’s site in hopes of purchasing tickets to Taylor Swift’s Eras Tour, the 22-year-old managed to score $200 floor seats to see the mega pop star perform in Pittsburgh last summer. Now, Miller

By Sara Smart, CNN (CNN) — Boeing whistleblower John Barnett died by suicide, according to a police report released on Friday, bringing to end an investigation of the shocking death of a longtime employee who raised concerns about the airplane manufacturer’s safety and production standards – and who sued the company, claiming Boeing illegally retaliated

By Ramishah Maruf, CNN New York (CNN) — Autoworkers at a Mercedes Benz plant in Alabama voted against joining the United Auto Workers union Friday, potentially stalling hopes of a rapidly growing organizing wave for autoworkers in the southern United States. The result was a close outcome. Out of the valid votes counted, 56% of

By Eva Rothenberg, CNN New York (CNN) — Baby He’s a Rich Man. Paul McCartney has added another feather in his cap as the United Kingdom’s first billionaire musician, the Sunday Times reported in the 2024 edition of its annual Rich List, published Friday. According to the Times, the 81-year-old Beatles alum and his wife

By Nicole Goodkind and Chris Isidore, CNN New York (CNN) — Shareholders of embattled airplane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun at the company’s annual general meeting on Friday. That’s the highest package ever paid to the company’s CEO and a 45% increase from the $22.6

By Clare Duffy, CNN New York (CNN) — Elon Musk’s brain implant startup Neuralink is accepting applications for a second human trial participant to test its device, the billionaire said on X Friday. The request comes five months after Neuralink implanted a brain chip into its first human trial participant, 30-year-old Noland Arbaugh, and just

By Eva Rothenberg, CNN New York (CNN) — ESPN journalist Jeff Darlington witnessed the arrest of World No. 1 golfer Scottie Scheffler Friday morning before the second round of the PGA Championship in Louisville, Kentucky, thrusting the reporter into the middle of one of the strangest sports stories in recent memory. Darlington and Scheffler had

By Clare Duffy, CNN New York (CNN) — Voice actor Paul Skye Lehrman took a job in 2020 for which he believed he was providing a set of one-off voice samples. Years later, he says he heard his voice narrating a YouTube video and then on a podcast — even though he had never recorded

By Laura He, CNN Hong Kong (CNN) — China has unveiled wide-ranging measures to rescue its property sector, including asking local governments across the country to buy unsold homes from beleagured developers and easing rules on purchases. Even though China’s economy expanded faster than expected at the start of this year, growth is being weighed

By Samantha Murphy Kelly, CNN (CNN) — At Princeton High School, students are trying to combat the rapid decline of indigenous languages with some unlikely help: a furry, wide-eyed stuffed animal named Che’w. But Che’w isn’t a standard plush toy. He’s a wildly intelligent generative AI robot that speaks Mam, a Mayan language spoken in

By Kathleen Magramo, CNN Hong Kong (CNN) — A British multinational design and engineering company behind world-famous buildings such as the Sydney Opera House has confirmed that it was the target of a deepfake scam that led to one of its Hong Kong employees paying out $25 million to fraudsters. A spokesperson for London-based Arup

By Danielle Wiener-Bronner, CNN New York (CNN) — The chief medical examiner’s office in Massachusetts has determined that a teenager who ate a tortilla chip containing a high concentration of a chemical compound found in chili peppers, died of a heart attack last September. Harris Wolobah, who had a congenital heart defect, was attempting Paqui’s

By Ramishah Maruf, CNN New York (CNN) — A high-stakes union election is underway at a Mercedes-Benz plant near Tuscaloosa, Alabama, the only plant for the luxury automaker in North America. The fallout will be significant whether the workers at Mercedes-Benz vote to join the United Auto Workers union or not. The UAW is hoping

By Anna Cooban, CNN London (CNN) — Royal Mail dates back to the Tudors. It has been operating a postal service in England since the reign of Henry VIII. Now this most British of institutions is on the brink of being sold to a Czech billionaire, Daniel Křetínský, raising fears about the fate of thousands

By Diksha Madhok, CNN (CNN) — Microsoft has asked at least 100 of its employees in China to consider moving to other countries, according to Chinese state media reports. The reports come as relations between Beijing and Washington deteriorate over technologies like artificial intelligence (AI) and clean energy. Microsoft employees, mostly involved with cloud computing,