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The Trump administration confirms it’s seeking a stake in Intel. Why? It depends who you ask

By Lisa Eadicicco, CNN New York (CNN) — Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they gave different answers about what the Trump administration sought to do with that stake. Such a deal, if it were

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New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

By Alicia Wallace, CNN (CNN) — Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks. Bessent, during an interview on CNBC’s “Squawk Box,” said that revenue from import tariffs will be put toward the US national debt. “I think, at a point, we’re going

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Air Canada strike ends after airline and flight attendants reach tentative agreement

By David Goldman, Chris Isidore, CNN (CNN) — Air Canada and a union representing the airline’s flight attendants have come to a tentative agreement, ending a days-long strike that canceled thousands of flights and stranded hundreds of thousands of passengers. “Flight attendants at Air Canada and Air Canada Rouge have reached a tentative agreement, achieving

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Trump relaxed restrictions on a key AI chip for China. Beijing isn’t saying thank you

By John Liu, CNN (CNN) — In a surprising reversal of the United States’ years-long technology restrictions on China, President Donald Trump last month allowed Nvidia to resume sales of a key AI chip designed specifically for the Chinese market. Yet rather than celebrating, Beijing’s response has been noticeably lukewarm, despite having long urged Washington

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Air Canada flights to remain suspended as flight attendants continue strike, defying government’s back-to-work order

By Auzinea Bacon, CNN More than 10,000 Air Canada flight attendants will continue their strike despite back-to-work orders from the Canadian government, the Air Canada component of the Canadian Union of Public Employees (CUPE) said Sunday. “At this time, you are still on Strike and Locked out! Please remember while we are locked out there

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