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By Chris Isidore, CNN (CNN) — The union representing Canadian autoworkers at Ford has reached a tentative deal with the US automaker, keeping more than 5,000 union members on the job and providing some good news for an industry dealing with unprecedented labor disruptions. Details of the deal between Ford and Unifor, the Canadian union,

By Ramishah Maruf, CNN New York (CNN) — Stanford University said it will be returning gifts it received from bankrupt crypto exchange FTX “in their entirety,” after a lawsuit against founder Sam Bankman-Fried’s parents alleged the school received millions of dollars in donations. The school said it received the gifts from the FTX Foundation and

By Ramishah Maruf, CNN New York (CNN) — Santa may be a little short on helpers this Christmas. America’s retailers are expected to add just 410,000 seasonal positions for this year’s holiday shopping season, according to an estimate from outplacement services firm Challenger, Gray & Christmas. That would mark the industry’s lowest seasonal hiring total

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — The United Auto Workers union’s already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger. As the strike entered its fifth day Tuesday with the two sides apparently far apart, the union is threatening to expand the strike as soon

By Hanna Ziady, CNN London (CNN) — The UK government has moved to take control of the country’s second biggest city, Birmingham, after the local council effectively declared itself bankrupt earlier this month. In a letter to the council Tuesday, the government proposed appointing commissioners to take charge of the daily running of the local

By Allison Morrow, CNN New York (CNN) — Bankrupt crypto exchange FTX is suing founder Sam Bankman-Fried’s parents, accusing them of siphoning millions of dollars in company funds to enrich themselves and their “pet causes.” The lawsuit aims to recover funds that the company claims were “fraudulently transferred and misappropriated” by Bankman-Fried’s parents. Joe Bankman

By Samantha Murphy Kelly, CNN Video by John General & Katherine Jennings, CNN (CNN) — The new iPhone 15 Pro lineup offers the typical slate of new features designed to persuade customers to upgrade: They’re slimmer and thinner than last year’s crop. The new cameras are professional-grade and the switch to USB-C charging will make

By Michelle Toh, CNN Hong Kong (CNN) — One of China’s leading property developers, Sunac, has filed for bankruptcy protection in the United States, shortly after winning approval from its creditors to restructure nearly $10 billion worth of debt. The company filed a petition for Chapter 15 protection with the US Bankruptcy Court for the

CNN By Clare Sebastian and Niamh Kennedy, CNN London (CNN) — YouTube is temporarily preventing comedian Russell Brand from making money from his videos following multiple allegations of rape and sexual assault against him. In a statement to CNN Tuesday, YouTube said it had “suspended monetization on Russell Brand’s channel” for violating its Creator Responsibility

By Clare Sebastian and Niamh Kennedy, CNN London (CNN) — YouTube has decided to temporarily prevent comedian Russell Brand from making money from his videos following multiple allegations of rape and sexual assault against him. In a statement to CNN Tuesday, YouTube said it had “suspended monetization on Russell Brand’s channel” for violating its Creator

By Clare Duffy, CNN New York (CNN) — Google’s Bard artificial intelligence chatbot is evolving. The company on Tuesday announced a series of updates to Bard that will give the chatbot access to Google’s full suite of tools — including YouTube, Google Drive, Google Flights and others — to assist users in a wider variety

By Michelle Toh, CNN Hong Kong (CNN) — Starbucks says it has poured more than $200 million into a new campus in China, in a sign of how the Chinese consumer remains crucial to the global coffee chain despite a major economic slowdown. The beverage giant opened the massive facility in eastern China on Tuesday

By Laura He, CNN Hong Kong (CNN) — China wooed a number of top Western companies on Monday with renewed promises to open up its financial industry and create a more welcoming environment as Beijing tries to reverse a record low in foreign investment in the face of mounting economic challenges. Pan Gongsheng, governor of

By Laura He, CNN Hong Kong (CNN) — Chinese police have detained some staff of Evergrande’s wealth management unit after the company failed to repay investors, in the first criminal probe launched against the embattled property developer since it was hit by a massive debt crisis in late 2021. Shares in the company tumbled as

By Chris Isidore, CNN (CNN) — The union representing Canadian autoworkers at Ford has put its strike plans there on hold, keeping its more than 5,000 members on the job at three plants there for at least another day, and providing some good news for an industry dealing with unprecedented labor disruptions. Lana Payne, president

By Marshall Cohen, CNN (CNN) — Dominion Voting Systems’ $1.6 billion defamation lawsuit against Newsmax over the right-wing network’s airing of 2020 election lies is scheduled to go to trial in late September 2024, a Delaware judge decided. Dominion sued Newsmax in the wake of the 2020 election over the network’s on-air promotion of the

By Catherine Thorbecke, CNN (CNN) — Alyssa Henry, the CEO of Square – a unit of Jack Dorsey’s fintech company, Block – will leave her post at the company next month. Henry, who has worked at Block for over nine years, will step down as chief executive of Square on October 2, according to a

By Bryan Mena, CNN Washington, DC (CNN) — In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy.

By Matt Egan, CNN New York (CNN) — Prices at the pump climbed to their highest level of the year on Monday as oil prices push past $92 a barrel. Normally, gas prices cool off after the summer driving season ends on Labor Day. But the opposite has happened this year as Saudi Arabia’s and

By Allison Morrow, CNN New York (CNN) — There’s a common thread linking the two biggest labor protests in America right now: Workers want a living wage after years of stagnant or falling pay, while across the bargaining table sit executives whose compensation has been growing wildly year after year. Exorbitant CEO pay is a

By Jordan Valinsky, CNN Business New York (CNN) — Bill Maher has changed his mind and isn’t bringing back his HBO talk show amid the ongoing writer’s strike. “My decision to return to work was made when it seemed nothing was happening and there was no end in sight to this strike,” Maher wrote on

By Brian Fung and Hadas Gold, CNN (CNN) — Israeli Prime Minister Benjamin Netanyahu called on Elon Musk to ‘roll back’ antisemitism on X, the platform formerly known as Twitter, during an in-person conversation broadcast live on Monday afternoon. After an exchange about the regulation of artificial intelligence, Netanyahu praised Musk for his commitment to

CNN By Eva Rothenberg, CNN (CNN) — When the United Auto Workers called a strike last week against General Motors, Ford and Stellantis, one of their demands focused on an idea circulating on the periphery of labor reform circles. In addition to calling for a 36% pay raise and increased job security, union members want

By Chris Isidore, CNN New York (CNN) — The strike by the United Auto Workers union isn’t the only labor problem that automakers, and US car buyers, need to worry about. Unifor, the union that represents autoworkers in Canada, is preparing to go on strike against Ford on Monday night. Ford isn’t speaking about how

By Allison Morrow, CNN New York (CNN) — Former Wells Fargo executive Carrie Tolstedt was sentenced to three years’ probation on Friday for her role in the bank’s sprawling fake-accounts scandal. Tolstedt had agreed to plead guilty to the criminal charge of obstructing regulators’ investigation of the bank, which she left in 2016 as the

By Chris Isidore and Kayla Tausche, CNN (CNN) — UAW President Shawn Fain has become the X factor in the striking autoworkers’ pursuit of increased pay and benefits, injecting a level of chaos into negotiations that neither the automakers nor the White House predicted or quite know how to manage. That confusion is purposeful. The

By Brian Fung, CNN (CNN) — A major European tech regulator has ordered TikTok to pay a €345 million ($368 million) fine after ruling that the app failed to do enough to protect children. The Irish Data Protection Commission, which oversees TikTok’s activities in the European Union, said Friday that the company had violated the

By Jordan Valinsky, CNN Business New York (CNN) — General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that

CNN By Jordan Valinsky, CNN New York (CNN) — General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that

By Anna Cooban, CNN London (CNN) — Chick-fil-A is making another foray into the United Kingdom after gay rights campaigners forced the fast-food chain to close a pop-up site in the country in 2019. The company said in a press release Thursday that it would open its first store in early 2025, with another four

By Michelle Toh, CNN Hong Kong (CNN) — A major Chinese property company has suspended offshore debt payments, deepening turmoil in the beleaguered sector. Sino Ocean, which says it’s one of the nation’s top 20 real estate developers, said in a stock exchange filing Friday that it would temporarily stop making payments on US dollar-denominated

CNN By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of America’s unionized automakers at the same time. Workers on Friday walked out of three plants – one

CNN By Kevin Liptak, CNN (CNN) — President Joe Biden was dealt an economic and political blow Friday as the United Auto Workers went on strike after the union and major American automakers failed to reach a new contract, a development the White House worked to avoid and now places the president in a bind.

By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of America’s unionized automakers at the same time. Workers on Friday walked out of three plants – one each

By Oliver Darcy, CNN (CNN) — Alarm bells are going off at ABC News. The Disney-owned newsroom was jolted on Thursday after a report suggested that the outlet could soon be expelled from the Magic Kingdom. Bloomberg’s Christopher Palmeri and Thomas Buckley reported that Disney has “held exploratory talks” about selling ABC to Nexstar Media

By Juliana Liu, CNN Hong Kong (CNN) — Economic activity in China appeared to improve in August, with data released on Friday suggesting a downturn in growth may be stabilizing. But more bad news on real estate highlighted the challenges that still lie ahead. Industrial production — which measures output from sectors such as manufacturing

By Ramishah Maruf, CNN New York (CNN) — Bill Maher said his show is returning to air — despite the WGA writer’s strike raging on. “Real Time is coming back, unfortunately, sans writers or writing,” Maher said on Instagram Wednesday. “It has been five months, and it is time to bring people back to work.”

By Ramishah Maruf, CNN New York (CNN) — Google has reached a $93 million settlement with the state of California to resolve allegations that it was collecting consumers’ data without their consent, the state’s attorney general said in a statement Thursday. The California Department of Justice found that, after a multi-year investigation, the tech giant

By Liam Reilly, CNN (CNN) — Right-wing conspiracy theorist Alex Jones’ personal spending has increased since he was ordered to pay $1.5 billion in liabilities to Sandy Hook families, none of whom has seen a penny from the disgraced Infowars host, according to court documents. In July alone, Jones spent $93,180 — excluding legal and

By Chris Isidore and Amy O’Kruk, CNN (CNN) — The United Auto Workers union is officially on strike against General Motors, Ford and Stellantis, the automaker that makes vehicles under the Jeep, Ram, Dodge and Chrysler brands. It’s the first time in its history that it struck all three unionized automakers at the same time.

By Jordan Valinsky, CNN Business New York (CNN) — Johnson & Johnson is replacing its instantly recognizable logo that’s been in use for 135 years. Gone is the cursive, which was based off the handwritten signature of company co-founder James Wood Johnson, and in its place is the name written in modernized font as the

By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — Time has run out to avert a strike at America’s unionized automakers. The United Auto Workers contracts expired at 11:59 pm ET on Thursday. The contracts covered 145,000 UAW members at the three companies: General Motors, Ford and Stellantis, which builds vehicles under the Jeep,

By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — United Auto Workers President Shawn Fain on Thursday night said the union will strike all the Big Three automakers – GM, Ford and Stellantis – at the same time as of midnight if the companies do not reach tentative labor deals with the auto workers.

By Akanksha Sharma and Michelle Toh, CNN Hong Kong (CNN) — Taiwan’s Ministry of Foreign Affairs has hit back after Elon Musk called the self-ruled island an “integral part of China.” Speaking remotely at the All-in Summit, which took place in Los Angeles this week, Musk compared Taiwan’s relationship with China to that of Hawaii’s

By Nathaniel Meyersohn, CNN New York (CNN) — American Eagle filed a lawsuit against shopping mall owner Westfield, accusing the company of allowing its San Francisco Centre mall to “deteriorate into disarray.” American Eagle, which has a shop in the mall, said that Westfield breached its lease agreement and its neglect of common areas in

By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — United Auto Workers President Shawn Fain announced a targeted strike plan Wednesday if the union decides to walk out at General Motors, Ford and Stellantis after a contract expiration late Thursday. Details of the plan, including which plants will be struck, will not be announced

By Ramishah Maruf, CNN New York (CNN) — Starbucks announced Wednesday that Howard Schultz is stepping down from its board of directors – but the former chairman’s name will be sticking around. Though Schultz is retiring, Starbucks is giving him the title of “lifelong Chairman Emeritus.” Schultz is stepping down as part of a planned

By Clare Duffy, CNN New York (CNN) — Google confirmed it will lay off hundreds of staff members who helped recruit and hire employees, as Silicon Valley continues its cost-cutting efforts. The latest cuts come after Google parent Alphabet in January eliminated 12,000 jobs, or about 6% of its workforce, across the company as it

By Oliver Darcy and Kristen Holmes, CNN (CNN) — Kristen Welker will face a big first test as moderator of “Meet the Press” on her debut episode this Sunday. Welker is set to begin her time in the anchor chair with a sit-down interview with former President Donald Trump, CNN first reported and was later

By Allison Morrow, CNN New York (CNN) — A bankruptcy judge granted FTX, the collapsed crypto exchange founded by Sam Bankman-Fried, permission to liquidate its digital assets to repay creditors. FTX has previously said in bankruptcy court filings that its digital assets, such as Solana, Bitcoin and Ether (its three biggest holdings,) amount to about

By Matt Egan, CNN Business New York (CNN Business) — As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fields has words of caution for both sides. Fields, who led Ford between 2014 and 2017, is warning the

CNN By Martin Goillandeau, Chris Liakos and Jennifer Korn, CNN (CNN) — Apple is fighting France’s claims that the iPhone 12 surpasses European radiation exposure limits after French regulators on Tuesday ordered a pause on sales and a fix to phones already sold to customers. France’s National Frequency Agency said it “has demanded that Apple

By Martin Goillandeau, Chris Liakos and Jennifer Korn, CNN (CNN) — Apple is fighting France’s claims that the iPhone 12 surpasses European radiation exposure limits after French regulators on Tuesday ordered a pause on sales and a fix to phones already sold to customers. France’s National Frequency Agency said it “has demanded that Apple withdraw

By Jordan Valinsky, CNN Business New York (CNN) — American Airlines said that rising costs, including fuel, will dent its upcoming profits. The Forth Worth-based carrier said in a regulatory filing that its adjusted earnings per share will now be between 20 cents to 30 cents in the third quarter, which is drastically smaller than

By Anna Cooban, CNN London (CNN) — German shoemaker Birkenstock has filed for an initial public offering in New York, becoming the latest European company to choose the United States as the place to raise money on the stock market. The iconic footwear brand said in a filing to the US Securities and Exchange Commission

By Chris Isidore, CNN Kokomo, Indiana (CNN) — Normally a new, $2.5 billion factory, complete with 1,400 expected jobs, would be considered a good thing for a local economy. But not the battery plant in Kokomo, Indiana. “It’s a spit in the face,” said Gary Quirk, president of United Auto Workers Local 685. That’s because

By Mengchen Zhang and Donald Judd, CNN Beijing/Washington (CNN) — China hasn’t issued any laws or rules to ban the use of iPhones or any other foreign phone brand, a Chinese government spokesperson said on Wednesday. “We have always been open to foreign companies and welcome them to seize the opportunities and share the fruits