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By Ramishah Maruf, CNN New York (CNN) — Lululemon’s controversial founder is back with criticisms about its diversity and inclusion efforts — and the athleticwear company is distancing itself from his comments. It’s been almost a decade since Chip Wilson left the company, but the founder has gripes about Lululemon’s “whole diversity and inclusion thing,”

By Allison Morrow, CNN New York (CNN) — A US federal court on Wednesday unsealed hundreds of pages of documents from a lawsuit related to Jeffrey Epstein, the convicted pedophile who died in jail before he could face trial on federal sex-trafficking charges. CNN has reviewed the documents, which included names — previously redacted to

By Hanna Ziady, CNN London (CNN) — Carrefour, one of France’s biggest supermarket chains, will stop selling PepsiCo products because they have become too expensive, in the latest clash between retailers and their suppliers over prices. Stores are displaying a note alongside Pepsi, Lay’s chips, Quaker cereals and Lipton teas, among other products, that reads:

By Jordan Valinsky, CNN New York (CNN) — “Kim Kardashian: Hollywood,” the once wildly popular mobile game that helped catapult her to stardom and wealth, is shutting down after nearly a decade. The game let players mirror Kardashian’s life by creating an avatar that works to achieve virtual A-list status by climbing the social ladder.

By Parija Kavilanz, CNN New York (CNN) — In December, Costco workers in Norfolk, Virginia voted to unionize in what they said was a bid to improve working conditions at the wholesale retail chain. Most companies tend to respond aggressively to organizing efforts, but Costco delivered a surprising response to the union win. The group of

By Jennifer Korn, CNN (CNN) — Peloton is partnering with TikTok to create short-form workout classes and other content as the struggling digital fitness and equipment company attempts to rebrand. As part of the partnership, TikTok will roll out a #TikTokFitness hub featuring a dedicated Peloton section with custom content created for the platform, the

By Bryan Mena, CNN Washington, DC (CNN) — Latino economist Alberto Musalem has been named as the next president and CEO of the Federal Reserve Bank of St. Louis, the bank announced Thursday. Musalem, 55, replaces James Bullard, who left the bank on August 14 to become the inaugural dean of Purdue University’s Mitchell E.

By Matt Egan, CNN New York (CNN) — MIT President Sally Kornbluth, the only university president who testified before Congress last month and is still in power, said the school is looking for ways to address tensions from the Israel-Hamas war, even as pressure mounts on her to step down. “I’m working to use every

By Michelle Toh and Hassan Tayir, CNN Hong Kong (CNN) — Two of China’s most popular bubble tea brands are preparing to go public. Mixue Group and Guming Holdings — which are known for drawing crowds for their unique beverages, such as passionfruit pulp or grape and cheese-flavored teas — have applied for initial public

By Laura He, CNN Hong Kong (CNN) — Saudi energy giant Aramco, the world’s largest integrated oil and gas company, is planning to up its investment in its Chinese partner, as it expands its footprint in the country. Aramco is in talks with Rongsheng Petrochemical to acquire a maximum 50% stake in the latter’s subsidiary

CNN By Samson Tamijani, Jennifer Maupin Click here for updates on this story     STILLWATER, Oklahoma (KJRH) — Nearly 34 years after its Nintendo debut, a 13-year-old boy from Stillwater became the first person ever to beat the video game Tetris, NBC reported on Jan. 3. Willis Gibson was live-streaming when he scored 999,999 points on

By Matt Egan, CNN (CNN) — Ousted Harvard President Claudine Gay says she faced death threats and was called the N-word during a weeks-long attack on her character designed to end her presidency. In an op-ed published Wednesday evening by The New York Times, Gay described her decision to resign this week, after plagiarism allegations

By Samantha Delouya, Lauren del Valle and Kara Scannell, CNN (CNN) — Hundreds of pages of unsealed documents from a lawsuit connected to accused sex-trafficker Jeffrey Epstein were publicly released on Wednesday. This is the first set of documents to be unsealed under a December 18 court order, with more expected in the coming weeks.

CNN, WPEC, WBNS, KRQE By Alexandra Banner, CNN (CNN) — NASA has grand visions for the year ahead, including a mission to send astronauts deeper into the solar system than anyone has ventured in more than 50 years. Here’s what else you need to know to Get Up to Speed and On with Your Day. 1.

By Ramishah Maruf, CNN New York (CNN) — They’re colorful, small and fun to squish. But water beads pose major health risks to children, safety experts say, and the Consumer Product Safety Commission has made it a priority in the new year to fully regulate water bead marketing toward young consumers. Water beads are tiny

By Jennifer Korn, CNN (CNN) — A 13-year-old from Oklahoma appears to have finally done the nearly impossible: He beat Tetris. Willis Gibson is believed to be the first human gamer to reach level 157 of the classic video game nearly 40 years after its release. “I’m going to pass out, I can’t feel my

By Matt Egan, CNN New York (CNN) — The past few months have been an absolute nightmare for Harvard University. Lawmakers and regulators are investigating. Donors are revolting. Early applications are down. And the Harvard board’s handpicked leader, Claudine Gay, just ended the shortest presidency in the university’s nearly 400-year history amid a firestorm of

By Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve officials during their December policy meeting broached the subject of reducing interest rates, minutes from that meeting released Wednesday showed. Officials’ latest economic projections released in December showed that they expect to cut rates this year for the first time since kicking off a historic inflation-busting campaign in March 2022.

By Anna Bahney, CNN Washington, DC (CNN) — Prices of Manhattan condos and co-ops rose at the end of 2023 for the first time in over a year, at a time when mortgage rates were at their highest levels in 23 years. But for many buyers, rates didn’t even matter: A record high number of

By Jordan Valinsky, CNN New York (CNN) — Xerox is slashing 15% of its workforce, amounting to roughly 3,000 jobs, in a “reinvention” plan that encompasses a new organizational structure and operating model. The company, best known for manufacturing office equipment like printers and copiers, announced the changes on Wednesday. Xerox has about 20,500 global

CNN By Erica Hill and Yon Pomrenze, CNN (CNN) — In his 23 years with the Golden, Colorado, police department, a shorter workday — or work week — was never something Commander Marcus Williams thought about. “This was always considered something of a grind as part of the profession, one of those things you just

By Laura He, CNN Hong Kong (CNN) — BYD overtook Tesla as the world’s top seller of electric vehicles (EV) at the end of last year, crowning an extraordinary rise for the Chinese carmaker. It delivered more fully electric cars than Tesla for the first time in the three-month period to December 31, and slashed

By Allison Morrow, Lauren del Valle and Samantha Delouya, CNN New York (CNN) — Newly unsealed documents from a lawsuit connected to accused sex-trafficker Jeffrey Epstein will begin to be released Wednesday afternoon, by order of a federal judge in New York. With the exception of two individuals who sought to remain unidentified, “the parties have

By Samantha Delouya, CNN (CNN) — Last month, three university presidents drew intense backlash for their testimonies on antisemitism on campus during a congressional hearing. Today, only one has still kept that position. When asked by Rep. Elise Stefanik (R-NY) in December whether “calling for the genocide of Jews” amounted to bullying and harassment on

By Diksha Madhok, CNN New Delhi (CNN) — India’s top court ordered the country’s market regulator on Wednesday to conclude its investigation into the Adani Group quickly and said that no further probes are needed. The Securities and Exchange Board of India (SEBI) had completed 22 of 24 investigations into the Adani Group, the Supreme

CNN By Matt Egan, CNN New York (CNN) — Harvard President Claudine Gay announced Tuesday she is stepping down just six months into her presidency amid a firestorm of controversy at the university. “It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping

CNN, GETTY, X, @ASSAFDER, WHDH, CNN, CNN, GETTY, X/@Assafder, WHDH By Zoe Sottile and Eva Rothenberg, CNN (CNN) — After months of scrutiny, Harvard president Claudine Gay announced her resignation Tuesday, making hers the shortest term in the university’s history. Gay became Harvard’s first Black president in July 2023 after a career studying American political

By Zoe Sottile and Eva Rothenberg, CNN (CNN) — After months of scrutiny, Harvard president Claudine Gay announced her resignation Tuesday, making hers the shortest term in the university’s history. Gay became Harvard’s first Black president in July 2023 after a career studying American political behavior and serving in other administrative roles. Her resignation comes

By Ramishah Maruf, CNN New York (CNN) — The 2023 domestic box office surpassed $9 billion, the highest since the pandemic, Comscore said. However, it’s still $2 billion short of the yearly movie ticket sales reached before the pandemic. Despite a tepid fall season at the box office, the viral “Barbenheimer” phenomenon delivered a stunning

CNN By Matt Egan, CNN New York (CNN) — Harvard President Claudine Gay announced Tuesday she is stepping down just six months into her presidency amid a firestorm of controversy at the university. “It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping

By Nathaniel Meyersohn, CNN New York (CNN) — Cynthia Kelly thought she was buying Halloween-themed Reese’s Peanut Butter Pumpkins with a “cute” carving of a pumpkin’s mouth and eyes, as pictured on the product’s packaging. But when she opened it, she was horrified to find that there was no pumpkin carving at all. It was

By Samantha Delouya, CNN (CNN) — Mickey Mouse has landed a new role: horror-movie villain. At least two films starring an early version of the Walt Disney Company’s famous mascot were announced this week as the copyright for Disney’s 1928 animated short film, “Steamboat Willie,” entered the public domain for the first time. A teaser

By CNN Staff (CNN) — The following is Harvard President Claudine Gay’s resignation letter, issued on January 2, 2024: Dear Members of the Harvard Community, It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping down as president. This is not a decision

By Matt Egan, CNN New York (CNN) — Harvard President Claudine Gay announced Tuesday she is stepping down just six months into her presidency amid a firestorm of controversy at the university. “It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping down

By Bryan Mena, CNN Washington, DC (CNN) — The stakes could not be higher for the Federal Reserve this year. America’s central bank is on the verge of defeating inflation without causing a sharp rise in unemployment, an extremely rare feat known as a “soft landing.” Last year, as inflation drifted to its slowest annual

By Krystal Hur and Samantha Murphy Kelly, CNN New York (CNN) — Apple stock fell on the first trading day of the year, weighing down the US stock market and snarling Big Tech’s gangbusters 2023 rally. Shares of the iPhone maker sank 3.6% on Tuesday after Barclays downgraded the stock to an “underweight” rating from

By Hanna Ziady, CNN London (CNN) — Maersk has suspended shipping through the Red Sea and Suez Canal — one of the world’s most important maritime trade routes — “until further notice” as it continues to review security following an attack on one of its vessels. The extended suspension reflects concern among international shipping giants

By Brian Fung, CNN (CNN) — Investment giant Fidelity believes its shares of X, the platform formerly known as Twitter, are worth 71.5% less than when Musk first purchased the social media company in October 2022, according to a new securities filing. The latest disclosure by a Fidelity mutual fund reflects a long-running trend that

By Chris Isidore, CNN New York (CNN) — Tesla reported record quarterly sales in the final three months of last year, but it wasn’t enough for it to hang onto its title as the world’s largest maker of electric vehicles. The company reported global sales of 484,507 vehicles in the fourth quarter, a bit better

By Anna Cooban, CNN London (CNN) — Stocks slipped back on the first trading day of 2024, but oil prices rose 2% on escalating tensions in the Middle East and bitcoin got another bump to trade above $45,000. The Dow Jones Industrial Average index slipped 0.2%, while the S&P 500 index fell about 1%. The

By Jeanne Sahadi, CNN New York (CNN) — Welcome to the first business day of 2024. You may be wondering what this new year has in store for your career — your pay, your benefits, your schedule and your job prospects. To find out, we consulted with a number of workplace experts and consultants to

By Laura He and Chris Isidore, CNN Hong Kong/New York (CNN) — BYD overtook Tesla to become the world’s biggest electric car company in the final quarter of 2023. The Chinese company sold a record number of cars last year, including 525,409 battery electric vehicles (BEVs) in the three-month period to December 31, according to

By Diksha Madhok, CNN (CNN) — ASML has been ordered by the Dutch government to restrict shipment of some of its chip-making equipment to China, the company said on Monday. The curb comes after the United States ramped up its own restrictions on the types of semiconductors that American companies will be able to sell

CNN By Anna Cooban, CNN London (CNN) — Europe hasn’t quite shaken off the big, painful problem haunting its economies over the past two years. Annual inflation in Germany and France, the European Union’s leading economies, rose in December. The first estimate of eurozone consumer price inflation for last month published Friday confirmed the trend

By Anna Cooban, CNN London (CNN) — Baidu’s bid to expand its live streaming business in China and diversify its revenue has suffered a blow with the collapse of a planned $3.6 billion acquisition. The Chinese tech giant announced Monday that one of its affiliate companies had terminated a 2020 agreement with Nasdaq-listed Joyy (YY),

By Nouran Salahieh, CNN (CNN) — A single Powerball ticket sold in Michigan has matched all six numbers to win an estimated $842.2 million in a New Year’s Day lottery drawing. It’s the fifth-largest Powerball jackpot ever won and the first time a jackpot has been won on New Year’s Day since the game’s start

By Matt Egan, CNN New York (CNN) — Many feared 2023 would be the year of recession. It turned out to be the year of remarkable resilience. The US economy appears to be enjoying the soft landing many argued was nearly impossible. Inflation has cooled dramatically, unemployment remains low and the Federal Reserve could deliver rate cuts as soon as March.

By Diksha Madhok and Jessie Yeung, CNN New Delhi/Hong Kong (CNN) — Maersk has imposed a 48-hour delay on its vessels moving through the Red Sea, following an attack on one of its merchant ships by Iranian-backed Houthi fighters based in Yemen. The US military said its helicopters responded to distress calls from the vessel

By Samantha Delouya, CNN (CNN) — Mickey Mouse no longer belongs solely to the Walt Disney Company. On January 1, 2024, an early version of the entertainment company’s mascot, featured in Walt Disney’s 1928 short film, “Steamboat Willie,” entered the public domain for the first time. The good-humored rodent, which has been synonymous with the

By Laura He and Simone McCarthy, CNN Hong Kong (CNN) — China’s businesses are struggling and job seekers have trouble finding work, President Xi Jinping acknowledged during his Sunday New Year’s Eve speech. This is the first time Xi has mentioned economic challenges in his annual New Year’s messages since he started giving them in

By Nadia Kounang, CNN (CNN) — On Sunday, the US Food and Drug Administration warned consumers of possible bacterial contamination of Reckitt/Mead Johnson’s Nutramigen Hypoallergenic Powdered Infant Formula Products. The specialty formula is a hypoallergenic infant formula used by infants allergic to cow’s milk. The manufacturers voluntarily recalled 675,030 cans of the formula on December

By Nathaniel Meyersohn, CNN New York (CNN) — Shoppers and retailers had a lot to contend with in 2023. From the financial fallout over Adidas’ breakup with Ye, formerly known as Kanye West, over his antisemitic comments, to high-profile bankruptcies, it was a tumultuous year for retail businesses. Here is a look back at a

By Anna Bahney, CNN Washington, DC (CNN) — Housing economists offering forecasts were wrong about 2023. Few thought home sales would fall off a cliff the way they did this year, dropping by about 17% from their high in February to their low in October, according to the National Association of Realtors. Most thought home

By Nouran Salahieh, CNN (CNN) — The Powerball jackpot swelled to an estimated $810 million after the final drawing of 2023 yielded no grand prize winners Saturday night. The big prize will be up for grabs Monday night, and if won, the lucky player will have the option to ring in the new year with

By Eva Rothenberg, CNN New York (CNN) — When the AMC 24 Hamilton closed in November 2020, many local New Jersey residents may have collectively sighed or shrugged it off as another foregone casualty of the pandemic economy. But for the neighboring businesses, the theater’s absence was a tough pill to swallow. “We were down

By Kelly Murray, CNN (CNN) — More than three-quarters of a billion dollars – an estimated $760 million – is up for grabs Saturday, after Wednesday’s Powerball drawing yielded no winners. The numbers drawn Saturday were 10, 11, 26, 27, 34 and Powerball 7. It’s been over two months and no one has won the

By Elisabeth Buchwald, CNN New York (CNN) — The writing was on the wall for a recession in 2023. At this time last year, sky-high inflation was barely budging, leaving the Federal Reserve with no choice but to continue hiking interest rates. The S&P 500 was well into a bear market. Layoffs, especially in tech,

By Alicia Wallace, CNN Minneapolis (CNN) — January 1 is usually one of the busiest days of the year at the Hi-Lo Diner here. Patrons — some still in a state of revelry from the night before — pack the booths and order up from the menu of American classics, including the brunch staple: the

By Ramishah Maruf, CNN New York (CNN) — After ringing in the New Year, many people will also have errands to run, whether that’s making returns or heading to the grocery store. Many retailers, grocers and pharmacies will be open on New Year’s Eve and New Year’s Day, though some have modified hours. This year,

By Samantha Delouya, CNN (CNN) — In just a few short days, an early version of Disney’s most iconic character will join the public domain for the first time. For nearly a century, the image of Mickey Mouse has been married to the Walt Disney Company brand, but on January 1, 2024, Disney’s copyright of

By Samantha Delouya, CNN (CNN) — The Securities and Exchange Commission will decide by next spring on a rule to make public companies disclose how much they generate in greenhouse gases and how climate change could hurt their businesses. The rule, which comes amid the Biden administration’s efforts to tackle climate change, has been met

By Ramishah Maruf, CNN New York (CNN) — US prosecutors submitted a letter to a New York federal court Friday saying that they don’t plan to proceed with a second trial against Sam Bankman-Fried, the disgraced founder of crypto exchange FTX. Bankman-Fried was found guilty in November on seven counts of fraud and conspiracy related

By Matt Egan, CNN New York (CNN) — Harvard was due to respond by Friday to a demand from lawmakers for wide-ranging documents linked to the plagiarism controversy swirling around embattled President Claudine Gay. But it has been given more time to turn over its information. The university’s expected response to the House Education and Workforce

By Nicole Goodkind and Elisabeth Buchwald, CNN New York (CNN) — Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to grind the economy to a halt. But a resilient job market, robust consumer spending and easing inflation kept investor confidence high — helping

By Anna Cooban, CNN London (CNN) — There was one conspicuous no-show at this year’s global stock market party: China. While 2023 has been the best year for global stocks since before the pandemic, with markets in the United States, Europe, Japan and India enjoying strong rallies, investors have soured on China. A string of

By Matt Egan, CNN New York (CNN) — The Harvard brand, one of the most prestigious among all universities, took nearly 400 years to build. But it’s taken just three months to call that brand very much into question. The university’s initial response to the October 7 terror attack on Israel was criticized, even by

By Melissa Alonso, CNN (CNN) — A popular line of portable blenders could pose a danger to customers, and the brand is asking owners to stop using them immediately, because they can catch fire or slash people. BlendJet is voluntary recalling 4.8 million of its BlendJet2 blenders, according to statements from the company and U.S. Consumer Product Safety Commission. The

By Jordan Valinsky, CNN New York (CNN) — Nearly nine months after Bud Light was front and center in one of the biggest misfires in advertising history, sales of the beer are still down 30% weekly compared to the same time a year ago. It wasn’t supposed to go like that. The year kicked off

By Anna Cooban, CNN London (CNN) — What began nine weeks ago with a group of mechanics in Sweden demanding that Tesla agree to collective bargaining has evolved into a broader fight for the Nordic region’s way of work and life. The stakes are high, too, for the carmaker and its CEO Elon Musk, the

By Chris Isidore, CNN New York (CNN) — For some top executives, 2023 is a year they would rather forget. Some of their companies lost billions of dollars. Some have lost their jobs. And others badly damaged their reputations and face even more trouble ahead in 2024. CNN Business ended the year celebrating Microsoft’s Satya

By Michelle Toh, CNN Hong Kong (CNN) — Huawei, the tech giant which has been a flashpoint in the escalating rivalry between Washington and Beijing, says it is “back on track” with a strong 2023. The Shenzhen-based conglomerate said Friday it expects to bring in more than 700 billion yuan ($99 billion) in revenue in 2023, partly

By Ramishah Maruf, CNN New York (CNN) — Regulators have issued a recall for high-powered magnetic balls after the US Consumer Product Safety Commission issued several warnings for the toy kits, citing the risk of injury or even death. Walmart recalled the “Relax 5mm Science Kit, Large Hematite Magnets Magnetic Stones Building Blocks,” sold exclusively

By Ramishah Maruf, CNN New York (CNN) — Francoise Bettencourt Meyers, the L’Oreal heiress and richest woman in the world, has become the first woman to hold a $100 billion fortune, Bloomberg reported Thursday. The Bloomberg Billionaire’s Index, which reflects changes as of 5 pm ET of the previous trading day, lists Bettencourt Meyers as

By Nathaniel Meyersohn, CNN New York (CNN) — Tipping culture has changed a lot over the last few years, and many Americans are confused about what to do. Seventy-two percent of people say that tipping is expected in more places today than it was five years ago, according to Pew. But only about a third

By Gregory Wallace, CNN (CNN) — Boeing has asked airlines to inspect all of their 737 Max jets for a potential loose bolt in the rudder system after an airline discovered a potential problem with a key part on two aircraft. An unnamed international airline found a bolt with a missing nut in a rudder-control

By Elisabeth Buchwald and Anna Bahney, CNN New York (CNN) — US mortgage rates continued to drop this week, which extends the good news for home buyers who have been facing the least affordable housing market since the 1980s. After dropping under 7% in early December for the first time since mid-August, rates fell again

By Elisabeth Buchwald and Anna Bahney, CNN New York (CNN) — In a miserable year for home sales, sometimes no news is good news. Following a steep decline in October, pending home sales in the United States remained at a 20-year low in November, according to a report released Thursday. Meanwhile, the pending home sales

By Jordan Valinsky and David Goldman, CNN New York (CNN) — Amazon emailed its millions of Prime members this week, alerting them to an upcoming change to the streaming service that will leave customers with two options: pay more or watch ads. Starting January 29, Prime Video will feature “limited” advertisements, Amazon said in its

By Jeanne Sahadi, CNN New York (CNN) — You may think that improving your financial life is simply a matter of taking unpleasant but necessary steps: Curb spending. Cut debt. Make more. Boost savings. But, in real life, if your money resolutions for 2024 are just a long list of financial chores that you know

By Michelle Toh, CNN Hong Kong (CNN) — Xiaomi has unveiled its first electric car, just days after Huawei launched another one of its own, showing that the efforts of Chinese tech giants to join the electric vehicle race are beginning to bear fruit. Xiaomi unveiled the SU7 sedan Thursday, two days after Huawei launched

CNN By Anna Cooban, CNN London (CNN) — Sales of vinyl records in the United Kingdom have surged this year to hit the highest level since 1990 — with a little help from Taylor Swift. Vinyl sales have jumped 11.7% so far in 2023 to 5.9 million units, according to preliminary figures released Thursday by

By Anna Cooban, CNN London (CNN) — Sales of vinyl records in the United Kingdom have surged this year to hit the highest level since 1990 — with a little help from Taylor Swift. Vinyl sales have jumped 11.7% so far in 2023 to 5.9 million units, according to preliminary figures released Thursday by the

By Nathaniel Meyersohn, CNN New York (CNN) — Several New York State lawmakers want to require restaurants at rest stops along the state’s 500-mile Thruway to stay open seven days a week to serve drivers, including Chick-fil-A, which famously closes on Sundays. “The [traveling] public and commercial trucking industry rely on these service areas to

By Riley Gutiérrez McDermid, CNN San Francisco (CNN) — It was a long year for Silicon Valley, but it may have felt even longer to outsiders, who watched the tech world essentially implode and regroup over the course of 2023 in ways both typical (layoffs, restructurings) and deeply unhinged (everything below). From the failure of