Tesla shares plunge on lower prices, tighter profit margins
By Chris Isidore, CNN Tesla has cut the prices of its EVs repeatedly this year. Now investors are cutting the price of its shares. Shares of Tesla…
Continue ReadingMoney
Markets are starting to get worried about the debt ceiling
Elisabeth Buchwald, CNN You’d hardly know by looking at financial markets that the US debt limit was breached in January. But that’s…
Continue Reading Easily stolen Hyundais and Kias should be recalled, more than a dozen attorneys general say
By Rebekah Riess and Peter Valdes-Dapena, CNN A coalition of attorneys general for 17 states and the District of Columbia on Thursday called for a…
Continue Reading European air traffic control says attack by ‘pro-Russian hackers’ not affecting flights
By Julia Horowitz and Catherine Nicholls, CNN Europe’s air traffic control authority says it has been battling an ongoing attack, claimed by…
Continue Reading Is Big Oil running out of gas?
By Nicole Goodkind, CNN Oil and gas stocks have been on a two-year tear, ripping ahead as natural gas prices surged due to supply chain kinks, a…
Continue Reading Suspect accused of killing CashApp founder Bob Lee had been cited in 2022 domestic battery incident but never charged, San Francisco Chronicle reports
By Taylor Romine, CNN The suspect accused of killing CashApp founder Bob Lee was cited last year by police for misdemeanor battery, the San Francisco…
Continue Reading Russia’s shadowy energy trade is raising fears of a devastating oil spill
By Clare Sebastian, Livvy Doherty and Julia Horowitz, CNN The waters of the Bay of Lakonikos, on the south-eastern side of Greece’s Peloponnese…
Continue Reading BMW’s Mini apologizes after meltdown over ice cream at Shanghai auto show
By Nectar Gan, CNN BMW has landed in hot water in China over tubs of ice cream. The luxury German automaker’s Mini unit had to apologize…
Continue Reading Smartmatic could be Fox’s next big problem
By Jennifer Korn, CNN Fox News’ legal battle with Dominion Voting Systems is over. It now has to deal with Smartmatic, which is seeking…
Continue Reading Lachlan Murdoch drops defamation suit against Australian outlet Crikey in wake of massive Dominion settlement
By Oliver Darcy, CNN Fox Corporation chief executive Lachlan Murdoch on Friday dropped his defamation lawsuit against the publisher of Crikey, the…
Continue Reading Smartmatic wants more than Dominion’s $787 million payout, plus a retraction from Fox for its 2020 election lies, lawyer says
By Marshall Cohen, CNN A top lawyer for Smartmatic, the voting technology company whose defamation lawsuit against Fox News is still pending, said…
Continue Reading Fox agrees to give more Murdoch docs to Smartmatic in its defamation case
By Marshall Cohen, CNN Fox News has agreed to provide voting technology company Smartmatic with additional material about its corporate chairman…
Continue Reading Blackstone is the latest victim of the weakening commercial real estate market
By Nicole Goodkind, CNN The ongoing commercial real estate slowdown has a new victim: Blackstone, the largest owner of commercial real estate…
Continue Reading The $787.5 million settlement Fox agreed to pay is a lot. But its net cost will likely be much less
By Jeanne Sahadi, CNN The $787.5 million settlement that Fox News has agreed to pay in the historic defamation case from Dominion Voting Systems is a…
Continue Reading
Markets are starting to get worried about the debt ceiling
Elisabeth Buchwald, CNN You’d hardly know by looking at financial markets that the US debt limit was breached in January. But that’s…
Continue Reading Former Theranos COO Ramesh ‘Sunny’ Balwani reports to prison, attorney says
By Catherine Thorbecke and Jennifer Korn, CNN Ramesh “Sunny” Balwani, the former chief operating officer of failed startup Theranos and…
Continue Reading CEO questions whether parents who are primary caregivers are being ‘fair’ to employers and children
By Chris Isidore, CNN A Utah CEO who is demanding that many of his remote employees start working in the company’s offices says staff members…
Continue Reading CFPB says employee sent confidential data of 256,000 consumers to personal email
By Krystal Hur, CNN An employee at the Consumer Financial Protection Bureau sent confidential data about hundreds of thousands of consumer accounts…
Continue Reading CEO questions whether parents who are primary caregivers are being ‘fair’ to employers and children
By Chris Isidore, CNN A Utah CEO who is demanding that many of his remote employees start working in the company’s offices says staff members…
Continue Reading Elon Musk’s Twitter begins purge of blue check marks
By Clare Duffy, CNN Elon Musk’s Twitter on Thursday began a purge of blue verification check marks from users who have not signed up for its…
Continue Reading
Which states penalize drivers with poor credit the most?
MoneyGeek analyzed 2023 national premium data from Quadrant Information Services to explore how having poor credit impacts auto insurance premiums in…
Continue Reading Secretary Yellen says national security may come at a cost in US-China relationship
Bryan Mena, CNN The United States will safeguard its national security, even if it comes at an economic cost to its relationship with China, US…
Continue Reading US Chamber of Commerce warns of major increase in risks for businesses in China
By Michelle Toh, CNN The United States Chamber of Commerce has warned that rising scrutiny of American firms in China “dramatically…
Continue Reading End of an era: Netflix DVD subscribers mourn the service’s imminent demise
By Samantha Kelly When Colin McEvoy, a father of two from Bethlehem, Pennsylvania and a self-described film fanatic, wants to watch a Bollywood film…
Continue Reading Mortgage rates climb to the highest level in a month
By Anna Bahney, CNN Mortgage rates rose this week, after five weeks of falling. The 30-year fixed-rate mortgage averaged 6.39% in the week ending…
Continue Reading Home sales fell in March, reversing gains
By Anna Bahney, CNN US home sales fell in March, after a turnaround in February that followed a full year of declining home sales due to surging…
Continue Reading You can now apply for your share of a $725 million Facebook data privacy settlement. Here’s how
By Clare Duffy, CNN Facebook users who had an active account at any point between May 2007 and December 2022 can now apply to receive a piece of…
Continue Reading Bed Bath & Beyond stiffed thousands of workers on severance pay
By Nathaniel Meyersohn, CNN In early February, Diane Zaccagna learned that the Bed Bath & Beyond store in New Jersey where she had been working…
Continue Reading Florida apologizes for sending emergency alert test at 4:45 a.m.
By Jennifer Korn The early morning alert was a test but the outrage was real. Many in Florida were woken up at 4:45 a.m. on Thursday by a…
Continue Reading Florida apologizes for sending emergency alert test at 4:45 a.m.
By Jennifer Korn The early morning alert was a test but the outrage was real. Many in Florida were woken up at 4:45 a.m. on Thursday by a…
Continue Reading CEO apologizes after ‘pity city’ speech backfires
By Allison Morrow, CNN The CEO whose “pity city” speech backfired spectacularly is now apologizing to her employees. “I feel…
Continue Reading BuzzFeed News will shut down
By Oliver Darcy, CNN BuzzFeed News, the Pulitzer Prize-winning digital news website that took the internet by storm roughly a decade ago and inspired…
Continue Reading Ikea stores coming soon to 8 new US locations
By Anna Cooban, CNN Ikea is planning to splash €2 billion ($2.19 billion) to expand its furniture empire in the United States in what will be the…
Continue Reading Tuesday Morning is going out of business and closing all of its stores
By Jordan Valinsky, CNN Business Tuesday Morning is going out of business and closing all of its stores. It is the second major US home goods…
Continue Reading Anheuser-Busch facilities face threats after Bud Light backlash
By Danielle Wiener-Bronner, CNN Several Anheuser-Busch facilities received threats last week, a company spokesperson confirmed, following weeks of…
Continue Reading Meta phased out Covid-19 content labels after finding they did little to combat misinformation, Oversight Board says
By Brian Fung, CNN Late last year, Facebook-parent Meta quietly phased out certain content labels on its platforms that for much of the pandemic had…
Continue Reading Smartmatic could be Fox’s next big problem
By Jennifer Korn, CNN Fox News’ legal battle with Dominion Voting Systems is over. It now has to deal with Smartmatic, which is seeking…
Continue Reading Smartmatic could be Fox’s next big problem
By Jennifer Korn, CNN Fox News’ legal battle with Dominion Voting Systems is over. It now has to deal with Smartmatic, which is seeking…
Continue Reading Apple commits to investing across India as Tim Cook opens second store
By Manveena Suri and Michelle Toh, CNN Apple CEO Tim Cook met with Indian Prime Minister Narendra Modi on Wednesday, pledging to invest further in…
Continue Reading Chinese electric car makers suffer as Elon Musk doubles down on Tesla price war
By Laura He, CNN Shares in Tesla’s Chinese rivals fell on Thursday, after CEO Elon Musk signaled that the company will continue cutting prices…
Continue Reading Snapchat rolls out chatbot powered by ChatGPT to all users
By Samantha Kelly, CNN Snapchat is about to give new meaning to the “chat” part of its name. Snap, the company behind Snapchat, announced…
Continue Reading Tesla is a victim of a price war it started
By Chris Isidore, CNN Tesla helped kick off an EV price war. Now, those lower prices are hitting the company’s sales and profits. Tesla, which…
Continue Reading Polestar’s new SUV has no back window
By Peter Valdes-Dapena, CNN Polestar, the electric vehicle brand spun off from Volvo, just unveiled a new SUV that will be for sale in the United…
Continue Reading Accessing credit has become harder, Fed’s Beige Book shows
By Bryan Mena, CNN Businesses across the country said banks have tightened their lending standards since last month’s banking crisis, according…
Continue Reading Panic buying causes widespread gas station closures in South Florida
By Chris Isidore, CNN More than half of gas stations in the Miami-Fort Lauderdale area were without gasoline Wednesday after flooding from last…
Continue Reading Exclusive: Inside the historic settlement talks between Fox News and Dominion
By Marshall Cohen and Oliver Darcy, CNN Veteran mediator Jerry Roscoe was on a relaxing river cruise from Budapest to Bucharest celebrating his 70th…
Continue Reading McDonald’s is just going to offer the Big Mac sauce by itself now
By Danielle Wiener-Bronner, CNN McDonald’s announced changes to its signature burgers earlier this week, including adding more Big Mac sauce.…
Continue Reading Meta’s latest round of layoffs is underway
By Clare Duffy, CNN Facebook parent Meta on Wednesday began its latest round of layoffs focusing on technical workers, who are often thought of as…
Continue Reading US airlines about to be hit with ‘tsunami’ of pilot retirements
By Greg Wallace, CNN The US airline industry is about to be hit with a “tsunami of pilot retirements” that will further the…
Continue Reading Why Maserati created an all-new gas engine just when it’s about to go all-electric
By Peter Valdes-Dapena, CNN Maserati did something very strange in 2020. The brand unveiled a high-powered supercar with a new, radically designed,…
Continue Reading Exclusive: Inside the historic settlement talks between Fox News and Dominion
By Marshall Cohen and Oliver Darcy, CNN Veteran mediator Jerry Roscoe was on a relaxing river cruise from Budapest to Bucharest celebrating his 70th…
Continue Reading Dominion isn’t Rupert Murdoch’s costliest legal defeat. Not even close
By Julia Horowitz, CNN Fox News will pay more than $787 million to Dominion Voting Systems after the two sides reached a last-minute settlement…
Continue Reading Dominion isn’t Rupert Murdoch’s costliest legal defeat. Not even close
By Julia Horowitz, CNN Fox News will pay more than $787 million to Dominion Voting Systems after the two sides reached a last-minute settlement…
Continue Reading The earnings recession is here. There could be worse to come
By Nicole Goodkind, CNN Earnings reports are coming thick and fast, showing how companies fared in the first few months of the year. But analysts and…
Continue Reading Twitter removes transgender protections from hateful conduct policy
By Clare Duffy, CNN Twitter appears to have quietly rolled back a portion of its hateful conduct policy that included specific protections for…
Continue Reading UK inflation stays at 10% as bread rises at record clip. Here’s why it’s proving hard to beat
By Hanna Ziady, CNN UK inflation remained above 10% in March, far higher than in the United States and Europe, as bread prices rose at a record pace.…
Continue Reading Meta opens up its Horizon Worlds VR app to teens for the first time, prompting outcries from US lawmakers
By Brian Fung, CNN Meta is forging ahead with plans to let teenagers onto its virtual reality app, Horizon Worlds, despite objections from lawmakers…
Continue Reading Meta opens up its Horizon Worlds VR app to teens for the first time, prompting outcries from US lawmakers
By Brian Fung, CNN Meta is forging ahead with plans to let teenagers onto its virtual reality app, Horizon Worlds, despite objections from lawmakers…
Continue Reading The $787.5 million settlement Fox agreed to pay is a lot. But its net cost will likely be much less
By Jeanne Sahadi, CNN The $787.5 million settlement that Fox News has agreed to pay in the historic defamation case from Dominion Voting Systems is a…
Continue Reading ‘I am a little freaked out.’ David’s Bridal bankruptcy sparks jitters among brides-to-be
By Parija Kavilanz, CNN Delaney Dickson is now anxious about her upcoming appointments at David’s Bridal after the retailer filed for…
Continue Reading The viral new ‘Drake’ and ‘Weeknd’ song is not what it seems
By Samantha Murphy Kelly, CNN One of the buzziest songs recently circulating on TikTok and climbing the Spotify charts featured the familiar voices…
Continue Reading A third of federal workers are on strike in Canada
By Paula Newton, CNN Nearly a third of Canada’s federal workers walked off the job Wednesday morning in one of the largest strikes in the…
Continue Reading This isn’t the end of Fox’s legal headaches. Here’s what’s next
By Marshall Cohen, CNN Dominion Voting Systems’ blockbuster defamation case against Fox News is over after the right-wing network cuts a check…
Continue Reading What’s next for Fox and Dominion? More lawsuits seeking accountability for corrosive 2020 election lies
By Marshall Cohen, CNN Dominion Voting Systems’ blockbuster defamation case against Fox News is over after the right-wing network cuts a check…
Continue Reading Accessing credit has become harder, Fed’s Beige Book shows
By Bryan Mena, CNN Businesses across the country said banks have tightened their lending standards since last month’s banking crisis, according…
Continue Reading Lincoln’s new SUV will be imported from China
By Peter Valdes-Dapena, CNN Business Lincoln unveiled a redesigned version of its Nautilus SUV, which it says will have the largest display screen of…
Continue Reading Global corporate defaults highest since the pandemic in 2020
By Anna Cooban, CNN More companies around the world defaulted on their debts in the first three months of this year than in any quarter since late…
Continue Reading New home starts pulled back in March
By Anna Bahney, CNN US home building pulled back in March, falling 0.8% in March from February as a decline in multifamily home construction failed…
Continue Reading This year’s tax season is critical to the debt ceiling debate. Here’s why.
By Tami Luhby, CNN Just how much longer the federal government can keep paying its bills on time and in full depends greatly on this year’s tax…
Continue Reading Apple is giving banks a run for their money
By Nicole Goodkind, CNN Apple and Goldman Sachs launched a new high-yield savings account on Monday that offers a 4.15% interest rate, more than 10…
Continue Reading YouTube rolls out new policies for eating disorder content
By Clare Duffy, CNN YouTube on Tuesday announced a series of changes to how it deals with content related to eating disorders. The platform has long…
Continue Reading Why Netflix delayed its password sharing crackdown
By Clare Duffy, CNN Netflix on Tuesday said it will move forward with a broad rollout of its paid account sharing option in the second quarter, after…
Continue Reading Fox News settles with Dominion at the last second, pays more than $787 million to avert defamation trial over its 2020 election lies
By Marshall Cohen and Oliver Darcy, CNN Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward…
Continue Reading Black homeowners had the smallest wealth gains over the past decade
By Anna Bahney, CNN Homeownership remains a key to building wealth. But a new study from the National Association of Realtors underscores the…
Continue Reading Today is Tax Day. Here’s what you need to know if you haven’t filed your return yet — and even if you have
By Jeanne Sahadi, CNN It’s April 18, the official deadline to file your federal and state income tax returns for 2022. (It is also, apparently,…
Continue Reading Fox News settles with Dominion at the last second, pays more than $787 million to avert defamation trial over its 2020 election lies
By Marshall Cohen and Oliver Darcy, CNN Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward…
Continue Reading Netflix is winding down its DVD business after 25 years
By Allison Morrow, CNN Netflix is officially winding down the business that helped make it a household name. This fall, the streaming giant will…
Continue Reading Jobs are strong, inflation is cooling — yet recession worries remain
By Christine Romans, CNN Chief Business Correspondent The post-pandemic US economy has tortured economists and defied expectations. It’s…
Continue Reading FTC chair Lina Khan warns AI could ‘turbocharge’ fraud and scams
By Brian Fung, CNN Artificial intelligence tools such as ChatGPT could lead to a “turbocharging” of consumer harms including fraud and…
Continue Reading AI pioneer quits Google to warn about the technology’s ‘dangers’
By Jennifer Korn Geoffrey Hinton, who has been called the ‘Godfather of AI,’ confirmed Monday that he left his role at Google last week…
Continue Reading Staff who are worried about bonuses should ‘leave Pity City,’ boss says
By Allison Morrow, CNN One boss is learning the hard way how a pep talk can quickly go off the rails. Andi Owen, CEO of office furniture company…
Continue Reading HSBC’s top shareholder calls for breakup, expressing ‘deep concern’
By Hanna Ziady, CNN HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong…
Continue Reading Universal Music Group calls AI music a ‘fraud,’ wants it banned from streaming platforms. Experts say it’s not that easy
By Vanessa Yurkevich, CNN Universal Music Group — the music company representing superstars including Sting, The Weeknd, Nicki Minaj and Ariana…
Continue Reading Universal Music Group calls AI music a ‘fraud,’ wants it banned from streaming platforms. Experts say it’s not that easy
By Vanessa Yurkevich, CNN Universal Music Group — the music company representing superstars including Sting, The Weeknd, Nicki Minaj and Ariana…
Continue Reading Apple is giving banks a run for their money
By Nicole Goodkind, CNN Apple and Goldman Sachs launched a new high-yield savings account on Monday that offers a 4.15% interest rate, more than 10…
Continue Reading Dominion’s history-making defamation trial against Fox News over 2020 election lies kicks off in Delaware
By Oliver Darcy and Marshall Cohen, CNN The high-stakes showdown between Dominion Voting Systems and Fox News finally commences in earnest Tuesday…
Continue Reading Dominion’s history-making defamation trial against Fox News over 2020 election lies kicks off in Delaware
By Oliver Darcy and Marshall Cohen, CNN The high-stakes showdown between Dominion Voting Systems and Fox News finally commences in earnest Tuesday…
Continue Reading Tim Cook opens first Apple store in India
By Michelle Toh, CNN Apple’s CEO Tim Cook is in India this week to open its first physical stores in the country, marking a milestone for the…
Continue Reading China’s economy shakes off Covid legacy to grow 4.5% in Q1
By Laura He, CNN China’s economy got off to a solid start in 2023, as consumers went on a spending spree after three years of strict pandemic…
Continue Reading Google-parent stock drops on fears it could lose search market share to AI-powered rivals
By 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 Reading Writers strike looms after members vote to shut down film and TV production
By Chris Isidore and Vanessa Yurkevich, CNN Writers for television, movies and streaming shows have voted overwhelmingly to go on strike if no labor…
Continue Reading Apple offers 4.15% high-yield savings to its Apple Card holders
By Jeanne Sahadi, CNN Apple on Monday announced that it is now offering its Apple Card holders a 4.15% high-yield savings account with Goldman Sachs.…
Continue Reading Elon Musk warns AI could cause ‘civilization destruction’ even as he invests in it
By Clare Duffy and Ramishah Maruf, CNN Elon Musk warned in a new interview that artificial intelligence could lead to “civilization…
Continue Reading Speaker McCarthy lays out GOP debt limit plan in Wall Street visit
By Nicole Goodkind, Nicky Robertson and Haley Talbot, CNN Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the…
Continue Reading Speaker McCarthy lays out GOP debt limit plan in Wall Street visit
By Nicole Goodkind, Nicky Robertson and Haley Talbot, CNN Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the…
Continue Reading One in four brides wear David’s Bridal to their wedding. Now, it’s filing for bankruptcy
By Nathaniel Meyersohn, CNN There has been a rebound in weddings the last two years after the worst of the Covid-19 pandemic. But it hasn’t…
Continue Reading Air France and Airbus acquitted in trial over 2009 plane crash
By Saskya Vandoorne and Oliver Briscoe, CNN Air France and Airbus have been found not guilty of involuntary homicide in a criminal trial over the…
Continue Reading Here are the EV models eligible for new tax credits up to $7,500
By Ella Nilsen, CNN The Treasury Department has revealed which cars will be eligible for the new electric vehicle tax credits. Fewer models are…
Continue Reading Americans are struggling to pay off their car loans. Three charts explain why
By Christopher Hickey, CNN You’ve managed to buy the car, but can you afford to keep paying for it? Along with soaring car prices, loan rates…
Continue Reading How little engines are taking over American cars in a big way
By Peter Valdes-Dapena, CNN As big V8-powered cars like the Dodge Charger and Challenger approach the end of their lives as production cars, an…
Continue Reading