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By Diksha Madhok, CNN New Delhi (CNN) — Boeing is getting some respite from what has been a month of terrible news. India’s newest airline is purchasing 150 Boeing 737 Max aircraft, in the first major order the troubled planemaker has announced since the dramatic Alaska Airlines incident in which part of the fuselage of a

By Michelle Toh and Wayne Chang, CNN Hong Kong/Taipei (CNN) — Huawei has set up a separate smart car unit, in another stride forward in the Chinese tech giant’s plans to make a splash in the automotive world. The company incorporated Shenzhen Yinwang Intelligent Technology Co Ltd on Tuesday in the southern Chinese city of

By Clare Duffy, CNN New York (CNN) — Former longtime Meta chief operating officer Sheryl Sandberg will not remain on the company’s board of directors after her term ends in May, she said in a Facebook post Wednesday. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board

By Matt Egan, CNN New York (CNN) — Jamie Dimon has a warning for Democrats: Don’t dismiss Trump supporters as people who are exclusively attracted to his personality. Former President Donald Trump was right about some critical issues, the JPMorgan CEO says. “I wish the Democrats would think a little more carefully when they talk about MAGA,” Dimon

By Matt Egan, CNN (CNN) — A growing number of insurers are refusing to cover American, British and Israeli vessels against war risks in the key commercial shipping corridor through the Red Sea as attacks from Houthi rebels continue. The hesitation from insurers comes as US officials have warned American merchant ships to steer clear

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase says it has seen a sizable increase in attempts by hackers each day to infiltrate its systems over the last year, highlighting the escalating cybersecurity challenges the bank and other Wall Street titans are facing. JPMorgan Chase, the largest US bank by assets, now invests

By Samantha Murphy Kelly, CNN (CNN) — Samsung’s next-generation flagship Galaxy S24 devices aim to take messaging, photos and games to the next level with artificial intelligence. At its annual Samsung Galaxy Unpacked event on Wednesday, the company showed off its Galaxy S24 Ultra, Galaxy S24+ and Galaxy S24 smartphones, in what it says will

By Anna Cooban, CNN London (CNN) — Barely six weeks into his term, Argentina’s new libertarian, chainsaw-wielding president has laid out his vision on a global stage, assuring the world’s business leaders that his country is their “staunch, unconditional ally.” “I would like to leave a message for all businesspeople here… you are social benefactors,

By Jennifer Hansler, CNN (CNN) — Secretary of State Antony Blinken was forced to change planes to return to Washington from Davos after his plane suffered what the traveling press was told was a critical failure related to an oxygen leak. Blinken and the traveling party boarded the modified Boeing 737 jet in Zurich on

CNN By Anna Bahney, CNN Washington, DC (CNN) — Homebuilder confidence surged in January as mortgage rates continued to trend lower, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Wednesday. Builder confidence in the market for newly built single-family homes surpassed market expectations, climbing seven points to 44 on the

By Gregory Wallace, Pete Muntean and Curt Devine, CNN Washington (CNN) — Investigators probing why part of a Boeing 737 Max 9 blew open mid-flight earlier this month have not yet determined if bolts were installed on that piece of the aircraft. National Transportation Safety Board Chairwoman Jennifer Homendy told reporters after a closed-door briefing

CNN By Laura He and Simone McCarthy, CNN Hong Kong (CNN) — China reported a record low birth rate in 2023 as its population shrank for the second year in a row. The trend marked the deepening of a demographic challenge set to have significant implications on the world’s second largest economy. The country recorded

By Jeanne Sahadi, CNN New York (CNN) — The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $3.5 billion a year. The rule would only apply to banks and credit

By Anna Cooban, CNN London (CNN) — Japanese technology company Fujitsu has a “moral obligation” to compensate the victims of Britain’s Post Office scandal, the boss of its European arm said Tuesday. Between 1999 and 2015, scores of people who ran branches of the government-owned Post Office were falsely accused of theft and fraud after

By Jessie Yeung, CNN Hong Kong (CNN) — Japanese brand Uniqlo is suing Shein over claims the Chinese fast-fashion retailer is selling copycats of its viral shoulder bag. Fast Retailing, the Japanese giant that owns both Uniqlo and Theory, said in a statement that the form of the “imitation products” that Shein is selling “closely resembles” Uniqlo’s

By Laura He and Simone McCarthy, CNN Hong Kong (CNN) — China reported a record low birth rate in 2023 as its population shrank for the second year in a row. The trend marked the deepening of a demographic challenge set to have significant implications on the world’s second largest economy. The country recorded 6.39

By Samantha Delouya, CNN (CNN) — Disney CEO Bob Iger raked in $31.6 million in compensation last year – a multi-million-dollar boost from his income the year before. Iger’s 2023 pay package included a base salary of $865,385, stock awards totaling $16.1 million, $10 million in stock option awards, $2.1 million in performance-based compensation and

By Parija Kavilanz, CNN New York (CNN) — The US Department of Labor is proposing a $212,646 fine against a Mississippi poultry processor after a 16-year-old sanitation worker was pulled into a chicken deboning machine and killed. The child became the second worker killed in just over two years at the plant. The same facility

By Peter Valdes-Dapena, CNN (CNN) — With temperatures bottoming out across the country, electric vehicle drivers are probably noticing their driving range plummeting. Here’s why it keeps happening – and there’s more to it than you might think. Tests by the consumer advocacy group Consumer Reports showed that EV driving range dropped by about 25%

By Krystal Hur and Chris Isidore, CNN New York (CNN) — Spirit Airlines shares tanked 47% on Tuesday after a federal judge in Boston ruled against JetBlue’s proposed $3.8 billion acquisition of the discount airline. The ruling outlined several concerns, including increased fares for flyers, particularly for discount airlines Spirit’s customers and significant debt for

By Jordan Valinsky, CNN New York (CNN) — Washington state is suing to block the proposed $25 billion merger between supermarket chains Kroger and Albertsons, warning that if approved it could raise prices and harm consumers. In a suit filed Monday by the state’s Attorney General Bob Ferguson, his reasons for opposing the merger are

Goldman Sachs reported a strong fourth quarter earnings report, driven largely by impressive results in their asset and wealth management divisions.

By David Goldman, CNN New York (CNN) — As if Boeing needed any more bad news, a scathing report from Wall Street on Tuesday cast doubt on Boeing’s ability to pass a new federal safety audit, sending its stock sinking sharply. Later Tuesday, Boeing announced an independent adviser who will lead a review of the

By Samantha Murphy Kelly, CNN (CNN) — Microsoft CEO Satya Nadella said during the World Economic Forum in Switzerland on Tuesday that he is “hopeful” and “optimistic” about the future of artificial intelligence, but that countries should be on the same page when it comes to embracing a set of industry standards. In a conversation

By Jordan Valinsky, CNN New York (CNN) — It’s no secret that Bill Gates is bullish on artificial intelligence, but he’s now predicting that the technology will be transformative for everyone within the next five years. The rise of AI has elicited fear that the technology will eliminate millions of jobs around the world. The

By Brian Fung, CNN (CNN) — As concerns swirl about the disruption artificial intelligence could cause for the 2024 elections, OpenAI on Monday declared that politicians and their campaigns are not allowed to use the company’s AI tools. The restrictions also extend to impersonation. Under its policies, OpenAI said in a blog post, users may not

By Hanna Ziady, CNN London (CNN) — The United States measures its lead over competitors in artificial intelligence in “months,” according to a lawmaker, highlighting the intense rivalry between nations to dominate a technology poised to transform the global economy. Speaking at the annual meeting of the World Economic Forum in Davos in Switzerland Tuesday,

By David Goldman, CNN New York (CNN) — Elon Musk says he wants a significantly larger stake in Tesla than the one that already made him the richest person on the planet. In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader

By Laura He, CNN Hong Kong (CNN) — China’s economy grew by about 5.2% in 2023, slightly better than the official target Beijing had set, Premier Li Qiang said Tuesday at the World Economic Forum’s annual meeting in Davos, Switzerland. “In the past year of 2023, China’s economy has generally rebounded and improved,” the country’s second highest

Alkira Reinfrank, Mengchen Zhang and Michelle Toh, CNN Shenzhen, China (CNN) — Imagine a future where you can do just about anything simply by waving your hand: making purchases, taking the subway or letting yourself in at the office. In China, Tencent is already doing it. The Shenzhen-based tech giant has rolled out a palm

By Samantha Delouya, CNN (CNN) — Uber is shutting down its alcohol delivery app, Drizly, just three years after acquiring it for $1.1 billion. Buoyed by the pandemic-era at-home delivery boom, Drizly had grown to become the largest online marketplace for alcohol in North America, but it will officially shut down at the end of

By Catherine Thorbecke, CNN New York (CNN) — Apple is offering temporary discounts on its iPhones and other products in China, in an extremely rare move for Apple that comes as competition within Asia’s smartphone market grows more intense. As part of a sale pegged to the Lunar New Year event, Apple’s official Chinese website

By Eva Rothenberg and Pete Muntean, CNN New York (CNN) — Flight cancellations across the country continue to cause headaches for thousands of travelers, and Southwest is topping the list of most-affected airlines for the second consecutive day. But the source and scope of these disruptions are different from the meltdown the airline endured a

By David Goldman and Clare Duffy, CNN New York (CNN) — Apple has received approval to change the way its smartwatches function so the company can overcome the Apple Watch ban imposed by a US court. The fix would eliminate a feature Apple has marketed as a way for customers to monitor their health. According

By Jordan Valinsky, CNN New York (CNN) — Champagne sales have lost some of their pop in 2023 following a few record-breaking years of sales spurred by the end of Covid-19 lockdowns. Comité Champagne, a trade association representing more than 16,000 winegrowers and 320 Champagne houses, said in a new report that total shipments last

By Pete Muntean and Ross Levitt, CNN (CNN) — Boeing says it will give airlines more oversight of its facilities following the Alaska Airlines Flight 1282 incident in which a part of the plane fell off mid-flight. The plane maker said Monday that in addition to extra quality control inspections on the 737 production line, it will allow

By Jordan Valinsky, CNN New York (CNN) — Peacock scored a touchdown Saturday for its first NFL playoff game exclusively shown on the NBCUniversal-owned streamer, registering record ratings and internet usage for the matchup in the freezing cold between the Kansas City Chiefs and Miami Dolphins. The “Peacock Exclusive Wild Card” game garnered 23 million

By Junko Ogura, Akanksha Sharma and Marc Stewart, CNN Tokyo (CNN) — A domestic flight operated by Japanese carrier All Nippon Airways (ANA) returned to its departure airport on Saturday after a crack was found in a window in the cockpit of the Boeing 737-800 plane, the airline said Monday. The crack was discovered about

By Max Foster, CNN London (CNN) — Six people were arrested Sunday over a suspected plot to disrupt the London Stock Exchange (LSE) when the market opened for trade Monday, London’s Metropolitan Police has said. Detectives began an investigation after information was passed to the Metropolitan Police by the Daily Express newspaper Friday. It was alleged that activists

By Hanna Ziady, CNN London (CNN) — Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic, official data showed Monday, increasing the risk of an economic contraction in the wider euro area. Gross domestic product was 0.3% lower in 2023 than in the previous year, according to Germany’s

By Michelle Toh, CNN Hong Kong (CNN) — Almost 40% of jobs around the world could be affected by the rise of artificial intelligence (AI), a trend that is likely to deepen inequality, according to the International Monetary Fund. In a Sunday blog post, IMF chief Kristalina Georgieva called for governments to establish social safety

By Eva Rothenberg, CNN New York (CNN) — As frigid temperatures blast much of the United States and threaten more storms in the coming days, airports across the country are experiencing thousands of delays and cancellations for the third consecutive day. As of Sunday afternoon, more than 4,000 flights within, into or out of the

By Oliver Darcy, CNN (CNN) — Business Insider and its parent company, Axel Springer, said Sunday that they stood by the outlet’s reporting that Neri Oxman, a prominent former professor at the Massachusetts Institute of Technology and the wife of billionaire hedge fund manager Bill Ackman, had plagiarized in her doctoral dissertation. In a note Sunday

By Eva Rothenberg, CNN New York (CNN) — Airlines are still digging themselves out from an intense day of storms that battered the eastern half of the United States on Friday and saw every state under some type of weather-related alert. As of early Saturday evening, more than 1,200 flights across the country were canceled,

By Samantha Murphy Kelly, CNN (CNN) — Companies big and small showed off new AI-powered products and their AI-inspired visions for the future at the world’s biggest tech convention this week in Las Vegas. There were pillows that can reduce snoring, mirrors that can detect your mood and innovations from pet-like companions to cars that

By Ramishah Maruf, CNN New York (CNN) — Boeing and US air travel are still facing the fallout a week after the dramatic in-flight door plug blowout on an Alaska Airlines Boeing 737 Max 9 last Friday. The door plug — a portion of the plane’s fuselage the manufacturer can put in place instead of an

By Catherine Thorbecke, CNN (CNN) — The tech sector has kicked off the new year with a spate of fresh job cuts that are coming at the same time as the industry is doubling down on investments into artificial intelligence. While AI tools putting workers out of jobs has been a major point of anxiety in Silicon Valley

By Anna Cooban, CNN London (CNN) — After a piece of software incorrectly showed that money had gone missing, a trusted, centuries-old British government corporation used its financial and legal might to convict and bankrupt hundreds of people who ran its branches. Some family members say their loved-ones were left so distressed they took their

Analysis by Laura He, CNN Hong Kong (CNN) — When Taiwan heads to the polls on Saturday to elect a new president and legislature, their votes will be keenly watched at home and abroad. That’s because the self-ruled island of 23 million people has an outsized impact on the global business and trade, mainly because

By Maria Sole Campinoti and Rob Frehse, CNN (CNN) — A New York judge ordered Donald Trump to pay $392,638 in legal fees to The New York Times after his failed lawsuit against the news outlet and its journalists over the disclosure of his tax information in a 2018 Times article, according to court documents.

By Elisabeth Buchwald, CNN New York (CNN) — Microsoft is back on top. After trailing behind Apple for the majority of the past decade, Microsoft is the world’s most valuable publicly traded company as of market close on Friday. The tech giant’s stock (MSFT) closed at $388.47 a share on Friday, giving it a market

By Luciana Lopez and Allison Morrow, CNN New York (CNN) — The US Supreme Court on Friday agreed to hear a case in which Starbucks was ordered to re-hire pro-union workers that the coffee company had previously fired. Starbucks in February 2022 let go of seven workers who were involved in forming a union in

By Nicole Goodkind, CNN New York (CNN) — Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years. The bank expects the reduction in headcount

By Krystal Hur, CNN New York (CNN) — Markets were anything but predictable last year. Investors aren’t looking to get caught flat-footed again. Stocks ended on a high note last year, but were tested by the Federal Reserve’s interest rate hikes, banking turmoil, debt ceiling worries and war in the Middle East. Many early-year consensus

By Pete Muntean, CNN (CNN) — The Federal Aviation Administration said on Friday that after reviewing Boeing’s instructions for inspecting grounded 737 Max 9 planes, it has decided to seek more information before allowing the plan to proceed. In a statement, FAA also said it would keep the Boeing 737 Max 9 “grounded until extensive

By Oliver Darcy, CNN New York (CNN) — Not too long ago, on the 25th and 26th floors of the One State Street tower in lower Manhattan, a vibrant newsroom existed. Each morning, hundreds of employees strolled into the offices of Cheddar News, breathing life into the prime real estate that housed studios and the

By Matt Egan, CNN New York (CNN) — US-led airstrikes on Houthi targets in Yemen rattled energy markets on Friday, sending oil prices sharply higher. US crude climbed as much as 4.5% to $75.25 a barrel Friday morning. Brent crude, the world benchmark, jumped 4% and briefly crossed over the $80-a-barrel level. However, both oil

By Anna Cooban, CNN London (CNN) — Tesla plans to pause most production at its only European factory due to supply chain problems caused by attacks in the Red Sea. The carmaker said it would halt output at its huge factory near Berlin for two weeks from January 29 because assaults on container ships along

By Laura He, CNN Hong Kong (CNN) — China’s economy had a bad 2023 and the outlook isn’t much better. Exports for the year as a whole fell for the first time since 2016 as global demand for Chinese-made goods (other than cars) slowed, according to customs data released on Friday. Officials said the slump

By Joe Sutton and Pete Muntean, CNN (CNN) — A class action lawsuit was filed on Thursday in Washington state against Boeing on behalf of the passengers aboard last week’s Alaska Airlines flight 1282. According to the lawsuit’s allegations, “the event physically injured some passengers and emotionally traumatized most if not all aboard. The violence

By Nicole Goodkind, CNN New York (CNN) — CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday. The closures come as retail pharmacy chains in the US face increasing difficulties with their prescriptions business, workforces and more. CVS will shutter the pharmacies between February

By Ramishah Maruf, CNN New York (CNN) — Al Gore is stepping down from Apple’s Board of Directors – but only because he’s too old to be renominated. Apple has a longstanding policy that its directors cannot stand for reelection after reaching the age of 75. That means it’s time for Gore, who is now

By Samantha Delouya, CNN New York (CNN) — eBay will pay a $3 million criminal penalty for a harassment campaign, including sending live cockroaches, of a Massachusetts-based couple who ran a newsletter that was sometimes critical of the company. eBay was charged with six criminal offenses, including stalking, witness tampering and obstruction of justice, after

By Alicia Wallace, CNN New York (CNN) — More Americans are buckling under the weight of mounting credit card debt. All stages of credit card delinquency (30, 60 and 90 days past due) jumped higher during the third quarter of last year, surpassing pre-pandemic levels for the first time, according to a report released Thursday

CNN By Alicia Wallace, CNN New York (CNN) — More Americans are buckling under the weight of mounting credit card debt. All stages of credit card delinquency (30, 60 and 90 days past due) jumped higher during the third quarter of last year, surpassing pre-pandemic levels for the first time, according to a report released

By Oliver Darcy and Liam Reilly, CNN New York (CNN) — ESPN returned dozens of Emmy statues and “disciplined” employees after an investigation disclosed Thursday found that the sports network had submitted fake names to the awards organization in a bid to secure trophies for on-air personalities who had been ineligible to receive them. The

By Matt Egan, CNN New York (CNN) — A bipartisan Senate bill introduced Thursday could make it easier for students to file civil rights complaints over antisemitism and Islamophobia on college campuses and to hold those schools accountable for protecting students. The bill, introduced by Republican Sen. Bill Cassidy and Democratic Sens. John Fetterman and

By Casey Tolan and Rene Marsh, CNN (CNN) — More than four dozen members of Congress signed on to two letters Thursday expressing concern about the lending practices of the nation’s largest credit union, citing a CNN investigation into racial disparities in the lender’s mortgage approvals. In a letter to the Department of Housing and Urban Development

CNN, CNBC, NTSB, STEPHANIE KING, ELIZABETH, TIKTOK, NTSB, SAM MATTHEWS, CNN, CNN, CNBC, NTSB, Stephanie King, Elizabeth/TikTok, NTSB, Sam Matthews By Pete Muntean, Gregory Wallace and Ramishah Maruf, CNN (CNN) — The Federal Aviation Administration says it is opening an investigation into Boeing’s quality control after the violent in-flight failure of a door plug on

By Peter Valdes-Dapena, CNN (CNN) — Hertz, which has made a big push into electric vehicles in recent years, has decided it’s time to cut back. The company will sell off a third of its electric fleet, totaling roughly 20,000 vehicles, and use the money they bring to purchase more gasoline powered vehicles. Electric vehicles

By Alicia Wallace, CNN New York (CNN) — If the lure of a fox, a box, a mouse and a house were not enough to encourage Sam-I-Am to chow down on some green eggs and ham, Thursday’s inflation data surely won’t help matters either. Eggs and ham prices went up the most in December, while

By Pete Muntean, Gregory Wallace and Ramishah Maruf, CNN (CNN) — The Federal Aviation Administration says it is opening an investigation into Boeing’s quality control after the violent in-flight failure of a door plug on a nearly new 737 Max 9. In a new statement, the FAA says last Friday’s dramatic in-flight blowout on Alaska

By Jeanne Sahadi, CNN New York (CNN) — It’s official. The Securities and Exchange Commission on Wednesday gave the green light to the listing and trading of 11 bitcoin Exchange-Traded Funds, or ETFs. And they will be coming online quickly, with several starting to trade Thursday. That means if you have have been curious about