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By Nathaniel Meyersohn, CNN New York (CNN) — Major League Baseball players will be wearing new jerseys this season. Some fans and players already hate them. Fans are complaining that the jerseys, which were designed by Nike and manufactured by Fanatics, look cheap. The fabric is flimsy, they say. The MLB logo is lower down

By Chris Isidore, CNN New York (CNN) — Harvard University and its interim president have condemned an image circulated on social media by pro-Palestinian campus groups, prompting the groups to remove and apologize for the posting. The cartoon, shared on Instagram accounts belonging to the Harvard Faculty & Staff for Justice in Palestine group, the

By John Towfighi, CNN (CNN) — Red Lobster is in trouble. Its solution: all-you-can-eat lobster, just months after an endless shrimp promotion led to deep losses that the company is still trying to dig out of. In celebration of its annual Lobsterfest, Red Lobster is giving 150 winners an “Endless Lobster Experience,” a two-hour complimentary

By Juliana Liu, CNN Hong Kong (CNN) — HSBC posted a big drop in quarterly profit Wednesday after taking a $3 billion hit on its stake in China’s Bank of Communications (BoCom) and another charge related to exposure to the country’s troubled real estate industry. The Asia-focused lender reported an 80% drop in pretax profit

By Catherine Thorbecke, CNN (CNN) — Uber Eats customers in Japan can soon have an autonomous robot deliver their food on the streets of Tokyo. Uber announced a partnership Tuesday between robotics firm Cartken and Japanese industrial titan Mitsubishi Electric to launch autonomous sidewalk robots that will start delivering Eats orders in parts of Tokyo

By Nathaniel Meyersohn, CNN New York (CNN) — Macy’s rejected an unsolicited $6 billion bid from an activist investor to take the famed department store private last month. Now, the activist group is taking another shot at Macy’s, launching a proxy fight to take control of the board. Arkhouse Management Co., a real estate investment

By Chris Isidore, CNN New York (CNN) — More than 400 Teamsters are on strike at the Molson Coors brewery in Fort Worth, Texas, impacting production for North America’s second largest brewer. The work stoppage, which began Saturday, comes ahead of a March 1 strike deadline that the Teamsters have set for 5,000 members at

By Clare Duffy, CNN New York (CNN) — Elon Musk says Neuralink’s first human trial participant can control a computer mouse with their brain, nearly one month after having the company’s chip implanted. But details remain sparse, and other companies working on brain-computer interfaces appear to have so far cleared more technological hurdles than Neuralink.

By Jordan Valinsky, CNN New York (CNN) — Lionel Messi’s debut in his first full Major League Soccer season might not cost fans the extraordinary prices seen last year for his first-ever game with Inter Miami, but they do show that “Messi Mania” hasn’t diminished despite his rocky preseason. The average purchase price for MLS’

By Anna Bahney, CNN Washington, DC (CNN) — Sharan White-Jenkins is a proud Black homeowner in Jamaica, Queens, in New York City. She’s part of a line of homeowners that goes back to her grandparents, who purchased a home on the Virginia plantation land where the family had worked as slaves. “Homeownership in our family

By Jordan Valinsky, CNN New York (CNN) — Wyze, a smart camera maker, said that some users last week saw footage from cameras that weren’t their own because of a security glitch. In an email to users sent Monday, the company said an outage that lasted several hours last Friday briefly left camera footage inaccessible

CNN By Jessie Yeung and Hassan Tayier, CNN Hong Kong (CNN) — Who doesn’t like a little braised pork with their coffee? Starbucks (SBUX) is betting on that unusual combination with a new drink released in China to mark the Lunar New Year. Dubbed the “Abundant Year Savory Latte,” the brand describes it as having

By Jessie Yeung and Hassan Tayier, CNN Hong Kong (CNN) — Who doesn’t like a little braised pork with their coffee? Starbucks (SBUX) is betting on that unusual combination with a new drink released in China to mark the Lunar New Year. Dubbed the “Abundant Year Savory Latte,” the brand describes it as having an

By Laura He, CNN Hong Kong (CNN) — China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis. The People’s Bank of China (PBOC) announced Tuesday that it would cut its five-year loan prime rate (LPR) from 4.2% to 3.95%,

By Kathleen Magramo, CNN (CNN) — Hirotake Yano, the Japanese billionaire founder of Daiso Industries who helped popularize the discounted dollar-shop concept, has died of heart failure. He passed away in Hiroshima on February 12, the company said in a statement on Monday. Close family members held a private funeral and a commemoration will be

CNN By Nicki Brown, CNN (CNN) — Former Representative George Santos sued late night host Jimmy Kimmel for “deceiving” him into creating Cameo videos and then improperly broadcasting them on his show, according to court documents. “Defendants openly admitted to deceiving the Plaintiff under the guise of fandom, soliciting personalized videos only to then broadcast

By Nicki Brown, CNN (CNN) — Former Representative George Santos sued late night host Jimmy Kimmel for “deceiving” him into creating Cameo videos and then improperly broadcasting them on his show, according to court documents. “Defendants openly admitted to deceiving the Plaintiff under the guise of fandom, soliciting personalized videos only to then broadcast these

By Eva Rothenberg, CNN New York (CNN) — “Madame Web” swung to No. 2 at the US box office its opening week, but landed with just $26.2 million in gross domestic sales, according to Comscore estimates Monday, compared to the strong opening for “Bob Marley: One Love.” The latest in a pattern of increasingly anemic

CNN By Anna Cooban, CNN London (CNN) — The European Union has launched a formal investigation into TikTok to determine whether the company is doing enough to protect minors on its platform as well as examine other suspected violations of the bloc’s landmark Digital Services Act. “The opening of proceedings means that the (European) Commission

By Anna Cooban, CNN London (CNN) — The European Union has launched a formal investigation into TikTok to determine whether the company is doing enough to protect minors on its platform as well as examine other suspected violations of the bloc’s landmark Digital Services Act. “The opening of proceedings means that the (European) Commission will

By Chris Lau, CNN Hong Kong (CNN) — Beijing’s C919 airliner, a potential rival to Western-made Boeing and Airbus planes, made its first foray outside Chinese territory on Sunday by staging a flyby at the Singapore Airshow. The single-aisle jet, manufactured by the state-owned Commercial Aircraft Corporation of China (Comac), is a prominent symbol of Beijing’s

By Chris Isidore, CNN New York (CNN) — There was a huge bang. A massive hole opened up in the side of the plane, minutes into a flight. Wind and noise filled the cabin, clothes and phones were ripped from passengers and hurled into the void. The metal of airplane seats twisted towards the opening.

By Bryan Mena, CNN Washington, DC (CNN) — A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. The days of ultra-low interest rates are long gone, and

By Jeanne Sahadi, CNN New York (CNN) — A whopping $355 million judgment and other punitive measures in the New York civil fraud trial against former president Donald Trump, his sons and the Trump Organization will deal a very big — but maybe not fatal — blow to their New York State-based businesses. At least

By Clare Duffy, CNN New York (CNN) — With more than half of the world’s population poised to vote in elections around the world this year, tech leaders, lawmakers and civil society groups are increasingly concerned that artificial intelligence could cause confusion and chaos for voters. Now, a group of leading tech companies say they

By Elisabeth Buchwald, CNN New York (CNN) — And just like that, two of the world’s largest economies are in technical recessions. On Thursday, Japan and the UK both reported their second consecutive negative quarters of gross domestic product, fitting the widely agreed-upon definition of a recession. Could the US, the world’s largest economy, be

By Matt Egan, CNN New York (CNN) — A congressional committee investigating campus antisemitism took the unprecedented step of issuing multiple subpoenas to Harvard University on Friday, compelling the Ivy League school to turn over documents lawmakers are seeking. Rep. Virginia Foxx, the Republican chairwoman of the House Education and Workforce Committee, said she decided

By Samantha Murphy Kelly, CNN (CNN) — Artificial intelligence leader OpenAI introduced a new AI model called Sora which it claims can create “realistic” and “imaginative” 60-second videos from quick text prompts. In a blog post on Wednesday, the company said Sora is capable of generating videos up to 60 seconds in length from text

By Matt Egan, CNN New York (CNN) — Months after leaving the White House, former President Donald Trump began plotting his return to Wall Street. That return, delayed by years of regulatory and legal hurdles, is now on the verge of becoming a reality — and it could make Trump a fortune. US regulators have

By Nicole Goodkind, CNN New York (CNN) — Warren Buffett’s Berkshire Hathaway sold off 10 million shares of Apple stock in the final three months of 2023, representing about 1% of its holdings in the company. The tech titan has become a major holding for the Oracle of Omaha’s company and is known as one

By Jordan Valinsky, CNN New York (CNN) — Starbucks customers who use a Bank of America card will now get additional cash back for their purchases as part of a new partnership between the two companies. Beginning Thursday, Bank of America credit and debit cardholders who are also part of the Starbucks Rewards loyalty program

By Laura He and Hanako Montgomery, CNN Hong Kong/Tokyo (CNN) — Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing it to lose its position as the world’s third largest economy to Germany. Gross domestic product (GDP) shrank at an annualized pace of 0.4% in the last

By Matt Egan, CNN New York (CNN) — Last month, battery recycling company Redwood Materials broke ground on a $3.5 billion battery plant in South Carolina that is expected to create 1,500 new jobs. The plant aims to eventually make enough battery components to power more than a million electric vehicles a year. Redwood Materials specifically

By Sean Lyngaas and Alta Spells, CNN (CNN) — Officials in Georgia’s Fulton County, which includes parts of Atlanta, said Wednesday that “financially motivated” hackers appeared to be behind a ransomware attack that has disrupted key county services for weeks. “Early today, we became aware that cybercriminals claiming responsibility for this incident listed Fulton County

By Ramishah Maruf, CNN New York (CNN) — SpaceX wants to move its business incorporation location from Delaware to Texas, according to a Wednesday filing to the Texas Secretary of State. The move by the Elon Musk-owned company comes after a Delaware state judge struck down Musk’s 2018 Tesla pay package, siding with a shareholder

By Samantha Murphy Kelly, CNN (CNN) — New York City is suing a handful of social media networks, alleging their platforms’ designs exploit young users’ mental health and cost the city $100 million in related health programs and services each year. In the lawsuit against TikTok, Instagram, Facebook, Snapchat and YouTube, the city of New

By Samantha Delouya, CNN (CNN) — Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring. Cisco joins a long list of tech companies that have announced workforce cuts in recent months. The networking hardware and software maker

By Brian Fung, CNN Washington (CNN) — US companies may find themselves under federal scrutiny if they “quietly” try to funnel customers’ personal information into training artificial intelligence models, the government warned this week. The warning by the Federal Trade Commission, the nation’s top privacy and consumer protection agency, highlights the enormous value of Americans’

By Krystal Hur, CNN New York (CNN) — Wall Street’s favorite artificial intelligence darling is continuing to swell to staggering heights. Nvidia’s market capitalization rose to $1.83 trillion on Wednesday, nudging past Alphabet’s $1.82 trillion market cap. Shares of the Santa Clara-based chipmaker rose 2.5% to $739 a share, while Alphabet shares ended the session

By Liam Reilly, CNN (CNN) — About one-third of Republicans say they believe Taylor Swift is involved in a covert government effort to help Joe Biden win the 2024 presidential election, a poll published Wednesday from Monmouth University found. The absurd and baseless conspiracy theory in question, which was popularized in right-wing media ahead of Super Bowl LVIII, alleges Swift’s relationship with Kansas City Chiefs tight end

By Chris Isidore, CNN New York (CNN) — Angela Chao, CEO of the shipping company the Foremost Group and sister of former US cabinet secretary Elaine Chao, was killed in a car crash in Texas on Sunday, according to a spokesperson for her company. Angela Chao, 50, had been CEO of the shipping company since

By Peter Valdes-Dapena, CNN (CNN) — Waymo, the self-driving car division of Google’s parent company, Alphabet, issued a recall for its own self-driving car software after two of its vehicles hit the same truck minutes apart. Minutes apart from one another, two Waymo cars came across the same tow truck that was pulling a pickup

By Clare Duffy, CNN New York (CNN) — Someone get Mark Zuckerberg a gadget review YouTube channel, stat. The Meta CEO on Monday posted a video review of Apple’s Vision Pro, the new rival mixed reality headset to Meta’s Quest 3. “Alright, guys, so, I finally tried Apple’s Vision Pro,” Zuckerberg begins in the video,

By Brian Fung, CNN Washington (CNN) — Artificial intelligence is already sowing chaos and confusion in US elections — from a bogus robocall impersonating President Joe Biden to a falsified hot-mic recording apparently designed to torpedo a Chicago mayoral campaign. The country urgently needs new laws to prevent deepfakes and other AI-created misinformation from overwhelming

By Jordan Valinsky, CNN New York (CNN) — William “Bill” Post, who helped create Pop-Tarts, the pantry staple that reinvented breakfast for the masses, has died. He was 96. “We are deeply saddened to share the news that William ‘Bill’ Post passed away over the weekend,” Pop-Tarts owner Kellanova said in a statement. “He played

By Nathaniel Meyersohn, CNN New York (CNN) — Many singles are tired of swiping on dating apps. They’re going old school to find romance. Speed dating, singles mixers and other group dating parties have made a comeback since the Covid-19 pandemic ended as singles look to get off their screens and meet potential partners in

By Laura He, CNN Hong Kong (CNN) — Global stock index compiler MSCI is deleting dozens of companies from its benchmark China Index, which could further exacerbate fund outflows from Chinese equities after a massive stock market rout. The index provider announced this week that it would drop 66 securities from the MSCI China Index,

By Oliver Darcy, CNN (CNN) — The White House is making its frustration over recent press coverage known. In a letter Tuesday to the White House Correspondents’ Association, Ian Sams, spokesperson for the White House Counsel’s Office, expressed concern over how the news media has covered Special Counsel Robert Hur’s report on President Joe Biden’s handling of classified material. In the letter, which CNN is

By Samantha Delouya, CNN (CNN) — A typo in Lyft’s fourth-quarter earnings report caused the rideshare company’s stock to surge and then dramatically reverse course on Tuesday. In an earnings statement released after the bell, Lyft estimated its gross margin would expand by 500 basis points, or 5 percentage points. That sent the company’s stock

By Brian Fung, CNN Washington (CNN) — A public feeding frenzy over artificial intelligence may encourage some companies to make hyped-up claims about their use of AI or what the technology can deliver — but they do so at their own peril, according to the chair of the Securities and Exchange Commission. Publicly traded companies

By Chris Isidore, CNN New York (CNN) — Steve Maller, a flight attendant for nearly 20 years, was one of the flight attendants on the Alaska Airlines flight 1282 when a door plug blew out. With the plane at 16,000 feet, the air pressure in the cabin plunged. Clothing and phones ripped from terrified passengers

By Allison Morrow, CNN New York (CNN) — Bitcoin rose to $50,000 Monday for the first time in two years, fueled by a rush of new-investor enthusiasm and growing anticipation over a cryptic-sounding event known as “the halving.” Bitcoin, the world’s most popular cryptocurrency, dipped back into the high 40s on Tuesday, snapping seven straight