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By Chris Isidore, Pete Muntean and Gregory Wallace, CNN New York (CNN) — Boeing CEO Dave Calhoun said that Boeing is responsible for the incident of door plug blowing out of a 737 Max 9 in flight earlier this month, saying that Boeing must do a better job than it did in this instance. “We

By Anna Cooban, CNN London (CNN) — Universal Music Group has threatened to pull its music off TikTok in a dispute over royalties, a move that would prevent more than 1 billion users of the platform from streaming a vast catalog of songs by Taylor Swift, Ariana Grande, Rihanna and other artists. On Tuesday, Universal

By Olesya Dmitracova, CNN London (CNN) — Helena Helmersson stepped down Wednesday as chief executive of H&M, bringing an abrupt end to her four-year tenure and triggering a surprise change in leadership at one of the world’s largest fashion retailers. “I am very proud of what we together have achieved during the last years when

By Brian Fung and Clare Duffy, CNN Washington (CNN) — A group of social media bigwigs was grilled by Congress on Wednesday about the risks their products pose to young people. The chief executives of Meta, TikTok, Snap, Discord and X, formerly known as Twitter, testified before the Senate Judiciary Committee earlier Wednesday. The hearing

By Michelle Toh, CNN Hong Kong (CNN) — Samsung posted its fourth straight quarter of slumping profits on Wednesday, capping off a dismal year that also saw it lose its crown as the world’s top smartphone maker. The South Korean tech giant posted a 35% drop in profit on Wednesday, in a sign of how

By Matt Egan and David Goldman, CNN (CNN) — Baltimore Orioles owner Peter Angelos and family have agreed to sell the baseball team they have owned for more than 30 years to a group led by billionaire David Rubenstein, according to a person familiar with the deal. The price tag: $1.725 billion. That’s almost exactly

By Chris Isidore, CNN New York (CNN) — A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk one of the richest people in the world. Delaware Chancery Court Chancellor Kathaleen McCormick, who oversaw the bench trial that concluded in November 2022, ruled Tuesday that Musk

By Ramishah Maruf, CNN New York (CNN) — PayPal is cutting about 9% of its workforce, the company said Tuesday. The layoffs join the long list of tech companies that have trimmed staff, from Amazon to eBay, in just the first month of the new year. CEO Alex Chriss cited the need to push forward

By Matt Egan, CNN New York (CNN) — Hedge fund billionaire Ken Griffin, who has donated more than $500 million to Harvard University over the years, has halted contributions to his alma mater and claimed elite schools produce “whiny snowflakes.” Griffin, one of the richest people in the world, joins a growing list of donors

By Jennifer Korn, CNN (CNN) — IBM has given managers an ultimatum: Come into the office or leave. The technology firm is pushing for an end to remote work, telling US-based managers to immediately report in-person or exit their role, according to an internal January 16th memo from senior vice president John Granger. Executives and

CNN Opinion by Laurie Segall (CNN) — Sexually explicit AI-generated photos of pop superstar Taylor Swift have flooded the internet, and we don’t need to calm down. Swift may be one of the most famous women in the world, but she represents every woman and every girl when it comes to what’s at stake in the future of artificial

By Matt Egan, CNN New York (CNN) — New York Attorney General Letitia James filed a lawsuit against Citibank on Tuesday, alleging the big bank failed to do enough to protect and reimburse victims of fraud. The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings —

By Hafsa Khalil, CNN (CNN) — An Australian news channel has apologized after broadcasting an edited picture of a female lawmaker that enlarged her breasts and exposed her midriff. The digitally altered photograph of Victoria state lawmaker Georgie Purcell appeared in a 9News evening bulletin Monday after she criticized the local government for rejecting a

CNN By Clare Duffy and Jennifer Korn, CNN. Video by John General and Deborah Brunswick. Orlando, Florida (CNN) — A Florida woman sued Lyft earlier this month, alleging that she was raped by her Lyft driver in 2019 and that the assault resulted in the birth of her third child. The suit is the latest

By Clare Duffy and Jennifer Korn, CNN. Video by John General and Deborah Brunswick. Orlando, Florida (CNN) — A Florida woman sued Lyft earlier this month, alleging that she was raped by her Lyft driver in 2019 and that the assault resulted in the birth of her third child. The suit is the latest in

By Chris Isidore, CNN New York (CNN) — A 46-day strike took only a modest bite out of General Motors earnings for 2023, and America’s largest automaker said it expects profit to bounce back to near or above record levels this year regardless of the higher labor costs, forecasts of weaker car prices and other

By Anna Cooban, CNN London (CNN) — The outlook for the global economy is brightening, the International Monetary Fund said Tuesday as it upgraded its growth forecast for 2024. But it warned that the “surprisingly resilient” recovery from the pandemic, Russia’s war in Ukraine and the ensuing cost-of-living crisis could be jeopardised by attacks on

By Jordan Valinsky, CNN New York (CNN) — Starbucks is taking its extra virgin olive oil-infused drinks — which some customers previously complained of sending them straight to the bathroom — nationwide beginning Tuesday. The lineup, called Oleato, launched in a few US cities last year before slowly expanding to more stores. Tuesday’s launch across

By Alta Spells, Devon Sayers, Jason Morris and Sean Lyngaas, CNN (CNN) — An ongoing cyberattack against Georgia’s Fulton County, which includes parts of Atlanta, has brought some of the government’s systems to a standstill, halting access to court filings, tax processing and other services. The outage has not been resolved, and it’s unclear when

By Oliver Darcy and Andrew Kaczynski, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Right-wing media is burning red at Taylor Swift. With the Kansas City Chiefs headed to Super Bowl LVIII, influential

CNN By Hanna Ziady, CNN London (CNN) — Europe should prepare for possible threats to its economy — including new US tariffs on its exports — if Donald Trump returns to the White House, according to European Central Bank President Christine Lagarde. “If you look at what those years were when Mr Trump was president

By Hanna Ziady, CNN London (CNN) — Europe should prepare for possible threats to its economy — including new US tariffs on its exports — if Donald Trump returns to the White House, according to European Central Bank President Christine Lagarde. “If you look at what those years were when Mr Trump was president of

By Diksha Madhok, CNN (CNN) — Elon Musk’s controversial startup Neuralink has implanted a chip in a human brain for the first time, the billionaire said in a post on his X platform late Monday. The operation took place on Sunday and the patient was recovering well, he added. Musk’s announcement could mark an important

By Anna Cooban, CNN London (CNN) — Europe’s economy avoided ending 2023 in a recession by the narrowest of margins, official data showed Tuesday. Gross domestic product across the 20 countries that use the euro stagnated in the October-to-December quarter compared with the previous three months, according to an initial estimate published by Eurostat. In

By Issy Ronald, CNN (CNN) — Amazon Prime’s new drama series “Expats,” starring Nicole Kidman, is currently unavailable to watch in Hong Kong despite being set and partly filmed in the city. The drama largely centers around Kidman’s character, Margaret, an American living in Hong Kong in 2014, when months-long pro-democracy protests swept the city

CNN By Nathaniel Meyersohn, CNN New York (CNN) — Professional sports teams are becoming real estate empires, building luxury apartments and shopping malls. For decades, major league teams depended on ticket sales, concessions and TV deals to generate revenue. But team owners in recent years have turned to real estate development to bring in extra

By Brian Fung and Clare Duffy, CNN (CNN) — Congress will again grill the chief executives of several big tech companies this week, including Meta CEO Mark Zuckerberg, about potential harms from their products on teens. Until now, the social platforms have largely had the same response: We’ll help teens and families make smart decisions

By Matt Egan, CNN New York (CNN) — A federal civil rights complaint was filed on Monday against Harvard University on behalf of Muslim and Palestinian students who say the school failed to protect them from harassment and intimidation, according to the Muslim Legal Fund of America. The complaint, filed with the Department of Education’s

By Ramishah Maruf and Elizabeth Wagmeister, CNN New York (CNN) — Will Arnett, Jason Bateman and Sean Hayes are ditching Amazon and taking their popular podcast “SmartLess” to SiriusXM, the satellite radio network said Monday. The three-year deal is valued at $100 million, a source confirmed to CNN. SiriusXM gained exclusive rights to the hit

By Ramishah Maruf, CNN New York (CNN) — A year ago, a Biden administration official set off a firestorm when he suggested the Consumer Product Safety Commission could ban gas stoves, because they have been linked to childhood asthma. Cue the outrage. On Monday, the administration released its new standards. Your gas stove is safe.

CNN By Jordan Valinsky, CNN New York (CNN) — Ticket prices for this year’s Super Bowl matchup between the Kansas City Chiefs and San Francisco 49ers might even make billionaire Taylor Swift blush. As of Monday, the February 11 game is the most expensive Super Bowl on record, according to TickPick. The average price is

By Matt Egan, CNN New York (CNN) — Each January, Harvard University alumni are eligible to gather enough signatures to run for the university’s Board of Overseers. Normally, this process plays out quietly. Few, if any, alumni go through the effort to get on the ballot. But, like many things at Harvard today, this year’s

By Jennifer Korn, CNN (CNN) — Amazon and iRobot, the maker of the popular Roomba vacuum, mutually called off their estimated $1.7 billion acquisition deal Monday, citing numerous regulatory hurdles. Immediately after the deal was publicly squashed, iRobot announced it would lay off 31% of its staff and that founder Colin Angle would step down

By Jordan Valinsky and David Goldman, CNN New York (CNN) — Amazon Prime members today may notice something looks a little different when they watch Prime Video: They’ll have to watch ads, unless they want to pay a little extra. Starting Monday, Prime Video will feature “limited” advertisements in its shows and movies. To avoid

CNN By Marshall Cohen, CNN (CNN) — In the wake of the 2020 election, the president of the far-right network One America News sent a potentially explosive email to former Trump campaign lawyer Sidney Powell, with a spreadsheet claiming to contain passwords of employees from the voting technology company Smartmatic, according to court filings. The existence

By Brian Fung, CNN Washington (CNN) — US lawmakers say they’re fighting back against the rise of artificial intelligence-powered scams and fraud with new legislation to overhaul the nation’s robocall rules. The sweeping proposal by House Democrats is a direct response to incidents including the recent deepfake impersonating President Joe Biden, which targeted thousands of

By Kyle Feldscher and David Goldman, CNN (CNN) — WWE’s parent company knew Vince McMahon — the founder of the wrestling behemoth — was a potential liability. It said so itself in government filings. McMahon, who resigned Friday from his role as executive chairman of WWE parent company TKO following accusations of sexual assault and trafficking, posed

By Hanna Ziady, CNN London (CNN) — The CEO of Europe’s largest airline, who not so long ago described Boeing management as “headless chickens,” has come out in strong support of the beleaguered US planemaker, pushing back against criticism from several other carriers after this month’s mid-flight breakage on a Boeing aircraft. “I have a

By Jordan Valinsky, CNN New York (CNN) — The Kansas City Chiefs and San Francisco 49ers are playing each other in this year’s Super Bowl, and airlines are excited about the potential match – that is, Taylor Swift and Travis Kelce. American Airlines and United both added special flights between Kansas City and Las Vegas

By Matt Egan, CNN New York (CNN) — Rep. Virginia Foxx, the Republican chairwoman of the House Education and Workforce Committee, is threatening to subpoena Harvard University for documents in what appears to be a widening investigation into alleged antisemitism on college campuses. “We thought Harvard would take this more seriously,” Foxx told CNN in

By Marshall Cohen, CNN (CNN) — In the wake of the 2020 election, the president of the far-right network One America News sent a potentially explosive email to former Trump campaign lawyer Sidney Powell, with a spreadsheet claiming to contain passwords of employees from the voting technology company Smartmatic, according to court filings. The existence of

By Matt Egan, CNN New York (CNN) — America has a housing affordability crisis and Elizabeth Warren blames Jerome Powell and his colleagues at the Federal Reserve. In a Sunday letter to Powell, shared first with CNN, Warren expressed alarm at how “astronomical” mortgage rates have made a bad situation worse and urged Fed officials

By Laura He, CNN Hong Kong (CNN) — China’s top securities regulator has limited short-selling, in its latest effort to stem a protracted $6 trillion-dollar stock market rout that began in 2021. The China Securities Regulatory Commission announced Sunday it would “fully” suspend the lending of restricted shares on bourses in mainland China. The curbs,

CNN By Laura He and Nectar Gan, CNN Hong Kong (CNN) — A court in Hong Kong has ordered the winding up of Evergrande Group, the world’s most indebted property developer, dealing another blow to investor confidence as China’s ailing real estate sector continues to weigh on its economy. The liquidation order, made by the

By Laura He and Nectar Gan, CNN Hong Kong (CNN) — A court in Hong Kong has ordered the winding up of Evergrande Group, the world’s most indebted property developer, dealing another blow to investor confidence as China’s ailing real estate sector continues to weigh on its economy. The liquidation order, made by the city’s

By Elisabeth Buchwald and Eva Rothenberg, CNN New York (CNN) — Paul “Triple H” Levesque, the chief content officer at World Wrestling Entertainment, made his first public comments after Vince McMahon resigned Friday from the board of WWE’s parent company, TKO Group Holdings, in the wake of a former employee’s lawsuit accusing McMahon of sex

By Krystal Hur, CNN New York (CNN) — Tech behemoths will face their next test to keep the market’s throne this week, after a bleak quarter from Tesla sent its stock sliding. Tesla shares have tumbled more than 26% so far in 2024 after the electric-vehicle maker reported a fourth-quarter operating margin that has almost

By Eva Rothenberg, CNN New York (CNN) — Searching for Taylor Swift on X, formerly known as Twitter, showed an error message Saturday after pornographic, AI-generated images of the singer were circulated across social media last week. X’s search function only displays results for Swift under its “Media” and “List” tabs. However, Swift is still

CNN By Samantha Delouya, and Elizabeth Wagmeister, CNN (CNN) — Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. The allegations came to light in a lawsuit filed by a former WWE staffer, Janel Grant, who worked

By Ramishah Maruf, CNN New York (CNN) — Emilee Hobbs, a TikTok creator from Georgia, is a self-proclaimed Bamboo Mom. Brands selling bamboo fiber baby clothes have gone viral in recent years, prompting a staunch community of “Bamboo Moms” — parents and caregivers who exclusively dress their children in the fabric. Hobbs says she owns

By Eva Rothenberg, CNN New York (CNN) — Restaurant chain Panera Bread has faced three separate lawsuits in recent months claiming the high levels of caffeine in its Charged Lemonade led to the death of two customers and irreversible health complications in another. So why does the chain continue to offer the drink on its

By Samantha Delouya, and Elizabeth Wagmeister, CNN (CNN) — Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. The allegations came to light in a lawsuit filed by a former WWE staffer, Janel Grant, who worked at

By Samantha Delouya, CNN (CNN) — MacKenzie Scott continues to sell billions of dollars in Amazon stock. In 2023, she unloaded nearly 65.3 million shares of Amazon, currently worth more than $10 billion, according to a filing. After her divorce from Amazon founder Jeff Bezos was finalized in 2019, Scott became the wealthiest woman in

By Gregory Wallace, Jeffrey Kopp and Pete Muntean, CNN (CNN) — Boeing’s 737 Max 9 model returned to service Friday afternoon when Alaska Airlines flight 1146 departed Seattle at approximately 3:51pm local time (6:51pm ET) bound for San Diego. It is the first revenue flight for this model since the Federal Aviation Administration grounded the Boeing

By Samantha Murphy Kelly, CNN (CNN) — The circulation of explicit and pornographic pictures of megastar Taylor Swift this week shined a light on artificial intelligence’s ability to create convincingly real, damaging – and fake – images. But the concept is far from new: People have weaponized this type of technology against women and girls

By Anna Cooban, CNN London (CNN) — Britain is finding out just how hard it can be to negotiate free trade deals, even with close allies and friends. Nearly eight years after Brexit campaigners persuaded a slim majority to vote to leave the European Union, on a platform that included promises of a brighter future

By Samantha Delouya and Jordan Valinsky, CNN (CNN) — Editor’s note: This story contains disturbing material. A former WWE staffer has accused the company’s founder, Vince McMahon, of sexual assault, trafficking and physical abuse in a lawsuit filed Thursday. The new, disturbing allegations from Janel Grant, who worked at WWE’s headquarters, come more than a

By Peter Valdes-Dapena, CNN (CNN) — Cruise, General Motors’ self-driving vehicle unit, disclosed today that it is the subject of two federal investigations regarding its actions after a severe accident involving a Cruise “robotaxi.” In just the latest setback in the auto industry’s attempt to perfect driverless cars, the company is being investigated by the

By Ramishah Maruf, CNN New York (CNN) — A government agency warned 39 funeral homes across the US that they risk hefty penalties if they fail to disclose accurate pricing information to customers, the Federal Trade Commission announced Thursday. The FTC conducted an undercover phone sweep of more than 250 funeral homes, placing calls to

By Oliver Darcy and Jon Passantino, CNN (CNN) — The news industry is enduring a brutal start to the new year, with outlets large and small across the country hemorrhaging reporting staff as legacy business models that kept much of the industry afloat for decades collapse in plain sight. The rapid contraction, coming even as the presidential election cycle heats up

By Samantha Murphy Kelly, CNN New York (CNN) — Pornographic, AI-generated images of the world’s most famous star spread across social media this week, underscoring the damaging potential posed by mainstream artificial intelligence technology: its ability to create convincingly real and damaging images. The fake images of Taylor Swift were predominantly circulating on social media

By Nicole Goodkind, CNN New York (CNN) — The S&P 500 is tracking towards its fifth consecutive record high, the Dow Jones Industrial Average crossed the 38,000 mark this week for the first time ever, the economy is growing, inflation rates are easing and the artificial intelligence revolution is booming. That’s all heralded the return

By Brian Fung, CNN (CNN) — Apple announced sweeping new changes to its handling of apps in Europe on Thursday, including plans to allow third-party app stores on iPhones and iPads for the first time in company history and significant cuts to Apple’s app store fees. The unprecedented updates, which are a response to new European regulations set to take

By Anna Cooban, CNN London (CNN) — Shares in Tesla plunged 12% Thursday, wiping $80 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals. Tesla’s stock suffered its worst day in 21 months and closed at its lowest level since

CNN By Anna Cooban, CNN London (CNN) — Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals. In an earnings presentation Wednesday, the world’s most

By Oliver Darcy, CNN New York (CNN) — Business Insider said Thursday that it will cut 8% of its staff, becoming the latest news organization to undergo a round of painful layoffs as news companies struggle to stay afloat amid brutal industry headwinds. In a memo to staff, Barbara Peng, chief executive of Business Insider,

By Matt Egan, CNN New York (CNN) — The growing battle between Ivy League institutions and frustrated alumni is now playing out at Cornell University. A prominent alumnus and longtime donor is calling for the immediate resignations of Cornell President Martha Pollack and Provost Michael Kotlikoff, arguing the university’s diversity policies have created a “toxic”

By David Goldman, CNN New York (CNN) — Before the plane took its first flight, Boeing had removed and reinstalled the part that blew off of an Alaska Airlines flight on January 5, according to reports from the New York Times and the Seattle Times, both citing a person familiar with the matter. Although federal

By Jordan Valinsky, CNN New York (CNN) — A Super Bowl ad set to be shown during next month’s game will highlight the rise of antisemitism, with a 30-second spot from “Stand Up to Jewish Hate,” a campaign from the nonprofit organization founded by Robert Kraft, the billionaire businessman and owner of the New England

CNN By Forrest Brown and Marnie Hunter, CNN (CNN) — The Alaska Airlines incident on January 5 that left a hole in the fuselage of a Boeing 737 Max 9 aircraft shortly after takeoff from Portland, Oregon, raised important safety questions, prompted investigations – and left some air travelers on edge. After the incident that

By Chris Isidore, CNN New York (CNN) — The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday. The loss is significant to an airline the size of

By Morayo Ogunbayo and Rhea Mogul, CNN (CNN) — Sri Lanka’s lawmakers passed a bill on Wednesday regulating internet use among its citizens, in a move that has sparked fears among rights groups of a free speech crackdown. The Online Safety Bill, which passed with 108-62 votes, aims to “make provisions to prohibit online communication

By Xiaofei Xu and Chris Isidore, CNN Hong Kong/New York (CNN) — Boeing has delivered its first 737 Max to a Chinese airline for the first time in nearly five years, according to flight data, in a rare spot of good news for the embattled company. The delivery is seen as an important affirmation from

By Marshall Cohen, CNN (CNN) — The voting technology company Smartmatic can move forward with its defamation lawsuit against Fox Corporation, a New York judge ruled Wednesday, dealing a blow to the parent company of Fox News, which is already fighting the massive lawsuit over its repeated airing of 2020 election lies. The decision from Manhattan Supreme

By David Goldman, Gregory Wallace and Pete Muntean, CNN New York (CNN) — Boeing CEO David Calhoun’s Wednesday was decidedly a mixed bag: The Federal Aviation Administration finally approved a set of inspection criteria for the 171 grounded 737 Max 9 planes that, if followed, could return the aircraft to service. But he also learned

By Sean Lyngaas and Clare Duffy, CNN New York (CNN) — Tech firm Hewlett Packard Enterprise says its cloud-based email systems were breached by the same Russian hacking group that compromised some Microsoft email accounts earlier this month. Hewlett Packard Enterprise, also known as HPE, revealed the breach in a securities filing last week. The

By Chris Isidore, CNN New York (CNN) — Tesla became the most valuable automaker in the world promising unmatched sales growth. But in the face of growing EV sales by rival brands, Tesla Wednesday backed off its former bullish sales targets. Tesla has been cutting prices for more than a year to boost sales in

By Liam Reilly, CNN (CNN) — NBCUniversal’s high-stakes decision to exclusively air the NFL’s AFC Wild Card playoff game between the Miami Dolphins and Kansas City Chiefs on its streaming service Peacock drove record signups to the platform, a digital analytics firm said Wednesday. In the three days leading up to the January 13 kickoff in Kansas

By Brian Fung, CNN (CNN) — Amazon’s Ring will no longer let police and other government agencies request doorbell camera footage from within the company’s Neighbors app, in what privacy advocates are hailing as a long-awaited victory for civil liberties. Authorities seeking Ring surveillance videos must now submit a formal legal request to the company,

By Parija Kavilanz, CNN New York (CNN) — McDonald’s new trendy beverage-led spinoff CosMc’s is pulling in younger customers at a faster clip than a typical Mickey D’s with Big Macs and fries, according to one early traffic estimate. McDonald’s unveiled its CosMc’s specialty drinks cafe spinoff in December, with the first location opened in