Hyundai and Kia theft trend has reached New York City
By Peter Valdes-Dapena, CNN Business Spikes in car thefts of certain Hyundai and Kia models, a trend that began in the American midwest and was…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Spikes in car thefts of certain Hyundai and Kia models, a trend that began in the American midwest and was…
Continue ReadingBy Danielle Wiener-Bronner, CNN Starbucks’ investors have voted in favor of an independent review of the company’s aggressive anti-union…
Continue ReadingBy Oliver Darcy, CNN Business ABC News on Thursday stunned staffers, laying off several senior executives and restructuring its newsroom amid a…
Continue ReadingBy Nathaniel Meyersohn, CNN Bed Bath & Beyond will sell up to $300 million of its stock to repay creditors and fund its business as it struggles…
Continue ReadingBy Nicole Goodkind, CNN Silicon Valley Bank’s collapse earlier this month dealt a major blow to the wine and crypto firms that entrusted their…
Continue ReadingBy Jeanne Sahadi, CNN The average annual Wall Street bonus fell to $176,700 last year, a 26% drop from the previous year’s average of $240,400,…
Continue ReadingBy Nathaniel Meyersohn, CNN Suddenly, your beverage is taller. Beverage brands rely on packaging shape and design to draw in consumers. Now…
Continue ReadingBy Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to trail…
Continue ReadingBy Matt Egan, CNN The banking crisis that caused US officials to launch emergency interventions is unlikely to have significant direct costs for the…
Continue ReadingBy Brian Fung, CNN An AI policy think tank wants the US government to investigate OpenAI and its wildly popular GPT artificial intelligence product,…
Continue ReadingBy Oliver Darcy, CNN Wall Street Journal Editor-in-Chief Emma Tucker told staff in a memo Thursday that she was “very concerned” for the…
Continue ReadingBy Kara Scannell, CNN Sam Bankman-Fried, the founder of failed cryptocurrency trading platform FTX, pleaded not guilty to five new federal charges of…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Soon, you’ll be able to plug in your Lamborghini. Closing out a half century of purely gasoline-powered…
Continue ReadingBy Hanna Ziady, CNN President Vladimir Putin has conceded that Western sanctions designed to starve the Kremlin of funds for its invasion of Ukraine…
Continue ReadingBy Marshall Cohen and Kristina Sgueglia, CNN Abby Grossberg, the former Fox News producer who accused the right-wing network of pressuring her into…
Continue ReadingBy Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to trail…
Continue ReadingBy Oliver Darcy, CNN Wall Street Journal Editor-in-Chief Emma Tucker told staff in a memo Thursday that she was “very concerned” for the…
Continue ReadingBy Sarah Dean and Anna Chernova, CNN Wall Street Journal journalist Evan Gershkovich has been arrested in Russia on suspicion of espionage, according…
Continue ReadingBy Laura He, CNN China Renaissance, a top dealmaker in the country’s tech industry, said it would suspend trading of its shares and delay the…
Continue ReadingBy Laura He, CNN China’s newly minted Premier Li Qiang painted a bullish picture of his country’s economic recovery at a key business…
Continue ReadingBy Michelle Toh, CNN A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming…
Continue ReadingBy Jennifer Korn The Food and Drug Administration will now require medical devices meet specific cybersecurity guidelines after years of concerns…
Continue ReadingBy Ramishah Maruf, CNN Starbucks has fired a Buffalo, New York, worker who “ignited a movement” from one of the first stores in the…
Continue ReadingBy Oliver Darcy and Marshall Cohen, CNN Fox News CEO Suzanne Scott sounded the alarm inside the company about the financial fallout that the…
Continue ReadingBy Chris Isidore, CNN Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Some of the biggest names in tech are calling for artificial intelligence labs to stop the training of the…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Soon, you’ll be able to plug in your Lamborghini. Closing out a half century of purely gasoline-powered…
Continue ReadingBy Nathaniel Meyersohn, CNN Two major retail chains are closing roughly 800 stores. One company’s spaces likely will be filled, while the…
Continue ReadingBy Jordan Valinsky, CNN Business The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. How…
Continue ReadingBy Nathaniel Meyersohn, CNN One of the highest profile jobs in retail will change hands next year. Macy’s CEO Jeff Gennette will retire in…
Continue ReadingBy Brian Fung, CNN Google intentionally sought to “hide the ball” in a high-profile antitrust case by automatically deleting employee…
Continue ReadingBy Brian Fung, CNN The state of Arkansas has sued TikTok, its parent ByteDance, and Facebook-parent Meta over claims the companies’ products…
Continue ReadingBy Anna Cooban, CNN Adidas is backpedaling fast over its latest attempt to protect its iconic three-stripe mark. The German sportswear company said…
Continue ReadingBy Danielle Wiener-Bronner, CNN Senator Bernie Sanders, who has roundly criticized former Starbucks CEO Howard Schultz over the company’s…
Continue ReadingBy Julia Horowitz, CNN The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about…
Continue ReadingBy Alicia Wallace, CNN The broader US banking system remains sound and stable, but the two regional banks that failed were “poorly…
Continue ReadingFrom CNN’s Krystal Hur, Nicole Goodkind and Allison Morrow The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros.…
Continue ReadingBy Matt Egan, CNN Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving…
Continue ReadingBy Michelle Toh, CNN As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial…
Continue ReadingBy Samantha Kelly Shares of Google-parent Alphabet fell more than 3% in early trading Monday after a report sparked concerns that its core search…
Continue ReadingBy Michelle Toh and Hanna Ziady, CNN UBS is bringing back its former chief executive, Sergio Ermotti, to manage the hugely complex and risky task of…
Continue ReadingBy Taylor Romine, CNN California Gov. Gavin Newsom signed a bill into law Tuesday that gives the state’s energy commission oversight power on…
Continue ReadingBy Peter Valdes-Dapena, CNN Business The big Kia Telluride SUV, with three roomy rows of seats, has been a major hit for the South Korean car brand.…
Continue ReadingBy Nathaniel Meyersohn, CNN America’s biggest companies rushed to strengthen their gun safety policies after the mass shooting at a high school…
Continue ReadingBy Jennifer Korn Apple on Tuesday launched an option in its digital wallet allowing customers to pay for online purchases in installments, making it…
Continue ReadingBy Matt Egan, CNN Two potential ownership groups are vying to buy the NFL’s Washington Commanders. Canadian billionaire Steve Apostolopoulos…
Continue ReadingBy Peter Valdes-Dapena, CNN The National Highway Traffic Safety Administration has opened an investigation into model year 2022 and 2023 Tesla Model…
Continue ReadingBy Oliver Darcy and Marshall Cohen, CNN Dominion Voting Systems said in a court filing Monday that it wants to put some of Fox News‘ top…
Continue ReadingBy Anna Cooban, CNN The United States is now the biggest supplier of crude oil to the European Union. In December, 18% of the bloc’s crude…
Continue ReadingBy Alicia Wallace, CNN Confidence in the US economy ticked up in March, despite the sudden turmoil in the banking industry, according to the latest…
Continue ReadingBy Anna Bahney, CNN US home prices fell for the seventh month in a row in January, even as mortgage rates eased, according to the latest S&P…
Continue ReadingBy Nicole Goodkind, CNN The job market has remained strong even as the Federal Reserve has spent a full year attempting to cool off the economy by…
Continue ReadingBy Oliver Darcy, CNN Another high-octane case against a media outlet is getting underway — this one, across the pond in the UK. Both Prince Harry…
Continue ReadingBy Catherine Thorbecke, CNN Alibaba on Tuesday said it plans to split its business into six separate units, in a move that promises to radically…
Continue ReadingBy Allison Morrow, CNN Federal prosecutors tacked on a 13th criminal charge against Sam Bankman-Fried, accusing the FTX co-founder of bribing…
Continue ReadingBy Danielle Wiener-Bronner, CNN If someone were to ask you to draw the Pepsi logo from memory, what would you draw? A circle, perhaps, with the red,…
Continue ReadingBy Jeanne Sahadi, CNN Just as stock market turmoil is a good reminder to make sure your investment portfolio is diversified, a few surprise bank…
Continue ReadingBy Hanna Ziady, CNN Bank of England governor Andrew Bailey has said investors are hunting for “points of weakness” in banking, as fears…
Continue ReadingBy Chris Isidore, CNN Less than a day after Elon Musk implied that Twitter users might soon only see tweets from paid subscribers in their default…
Continue ReadingBy Jeanne Sahadi, CNN Just as stock market turmoil is a good reminder to make sure your investment portfolio is diversified, a few surprise bank…
Continue ReadingBy Nicole Goodkind, CNN Silicon Valley Bank’s downfall sent waves of panic through the financial system earlier this month, setting off a chain…
Continue ReadingBy Michelle Toh and Gawon Bae, CNN South Korean internet company Kakao has become the largest shareholder of SM Entertainment, winning a battle for…
Continue ReadingBy Hanna Ziady, CNN One of the world’s largest alcoholic drinks companies has appointed its first female CEO. Diageo, which makes Guinness beer…
Continue ReadingBy Jessie Yeung, CNN For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence…
Continue ReadingBy Laura He, CNN China’s new premier, Li Qiang, has offered a hearty welcome to foreign companies in an effort to arrest a slump in business…
Continue ReadingBy Laura He, CNN As the jobless rate among China’s youth soars, the country’s richest province has offered a highly controversial…
Continue ReadingBy Marshall Cohen and Kristina Sgueglia, CNN Abby Grossberg, the former Fox News producer who accused the right-wing network of pressuring her into…
Continue ReadingBy Catherine Thorbecke, CNN Lyft announced on Monday that Amazon veteran David Risher will join as chief executive next month, and that co-founders…
Continue ReadingBy Catherine Thorbecke, CNN Lyft announced on Monday that Amazon veteran David Risher will join as chief executive next month, and that co-founders…
Continue ReadingBy Chris Isidore, CNN Chipotle Mexican Grill will pay a total $240,000 in salary and back pay to the former employees of an Augusta, Maine,…
Continue ReadingBy Jon Passantino, CNN Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of…
Continue ReadingBy Jennifer Korn, Ramishah Maruf and Camila Bernal, CNN Taylor Swift fans headed to court in Los Angeles Monday to face off against Ticketmaster…
Continue ReadingBy Parija Kavilanz, CNN Check the aisles at Walmart, Target or your neighborhood drug store and you’ll find them chock full of scented,…
Continue ReadingBy Nicole Goodkind, CNN Economists are growing concerned about the $20 trillion commercial real estate (CRE) industry. After decades of thriving…
Continue ReadingBy Jeanne Sahadi, CNN Banking has been top of mind for many people in the wake of some surprise bank failures and moves by US regulators to boost…
Continue ReadingBy Matt Egan, CNN Silicon Valley Bank imploded due to mismanagement and a sudden panic among depositors, a top Federal Reserve official plans to tell…
Continue ReadingBy Danielle Wiener-Bronner, CNN For decades, Girl Scouts has used cookie sales to raise funds and teach scouts about entrepreneurship. This year,…
Continue ReadingBy Krystal Hur, CNN Markets seesawed severely this week when two of the US economy’s most prominent leaders gave seemingly contradictory…
Continue ReadingBy Allison Morrow, CNN Federal regulators sued Binance, the world’s largest cryptocurrency exchange, and its CEO for allegedly violating US…
Continue ReadingBy Mark Thompson and Julia Horowitz, CNN Europe’s banks are not yet in the clear, a top EU regulator said Monday, two weeks after the collapse…
Continue ReadingBy Jennifer Korn Elon Musk and William Shatner clashed on Twitter over the weekend after the Star Trek actor complained about being forced to pay to…
Continue ReadingBy Oliver Darcy and Marshall Cohen, CNN Dominion Voting Systems said in a court filing Monday that it wants to put some of Fox News‘ top…
Continue ReadingBy Brian Fung, CNN Twitter said parts of its proprietary code were posted online and had been exposed until Friday, when the company had the material…
Continue ReadingBy Marshall Cohen The Fox News producer who accused the right-wing network of pressuring her into giving misleading testimony in the Dominion…
Continue ReadingBy Michelle Toh and Mengchen Zhang, CNN Jack Ma, the billionaire founder of Alibaba and once one of China’s most prominent entrepreneurs, has…
Continue ReadingBy Claudia Otto and Inke Kappeler Nationwide strikes in Germany — among its worst in decades — are causing huge disruption at the country’s…
Continue ReadingBy Anna Cooban European banking stocks rose Monday, boosted by the news that US lender First Citizens Bank would buy most of the business of failed…
Continue ReadingBy Hanna Ziady, CNN The chairman of Credit Suisse’s largest shareholder, Saudi National Bank, has resigned less than two weeks after comments…
Continue ReadingBy Mark Thompson, Liz Enochs and Chris Isidore, CNN In a milestone moment for the banking crisis, a company has purchased most of what’s left…
Continue ReadingBy Mark Thompson, Liz Enochs and Chris Isidore, CNN In a milestone moment for the banking crisis, a company has purchased most of what’s left…
Continue ReadingBy Michelle Toh, CNN The head of the International Monetary Fund called for greater vigilance over the global financial system during a speech in…
Continue ReadingBy Lauren Koenig and Ramishah Maruf, CNN Amtrak is restoring service after a slew of train cancellations, primarily in the Midwest due to “a…
Continue ReadingBy Allison Morrow, CNN Two weeks ago, few people outside the tech industry had even heard of Silicon Valley Bank, the midsize California lender whose…
Continue ReadingKrystal Hur, CNN Federal regulators are being called to testify before the Senate Banking Committee on Tuesday and the House Financial Services…
Continue ReadingBy Brian Fung, CNN Ellen Min doesn’t go to the grocery store anymore. She avoids bars and going out to eat with her friends; festivals and…
Continue ReadingBy Heather Chen, CNN The founder of one of the world’s biggest dumpling empires has died. Yang Bing-yi, who set up the Taiwanese restaurant…
Continue ReadingBy Chris Isidore, CNN The Los Angeles school strike that kept about a half-million students out of classrooms for three days this past week has…
Continue ReadingReuters Deposits at small US banks dropped by a record amount following the collapse of Silicon Valley Bank on March 10, data released on Friday by…
Continue ReadingBy Ramishah Maruf, CNN TikTok creators have had enough of Congress seemingly not understanding how the internet works. What happened: On Thursday,…
Continue ReadingBy Nathaniel Meyersohn, CNN More stores now offer customers the option to tip, from coffee shops to ice cream stores. Around 48% of purchases at fast…
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