Microsoft splits Teams from Office in Europe after EU pressure
By Olesya Dmitracova, CNN London (CNN) — Microsoft will allow business customers in Europe to buy its video and chat app Teams separately from…
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Inflation in Europe stuck at 5.3% in August as energy prices rise
By Olesya Dmitracova and Mark Thompson, CNN London (CNN) — Consumer prices in the 20 countries that use the euro rose 5.3% on average this…
Continue ReadingChina is still suffering from declining factory output. Demand for services is also slowing
By Laura He, CNN Hong Kong (CNN) — Factory activity in China contracted for a fifth straight month in August, adding pressure on Beijing to…
Continue ReadingUBS will cut 3,000 jobs in Switzerland as it absorbs Credit Suisse
By Hanna Ziady, CNN London (CNN) — UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a…
Continue ReadingBaidu and SenseTime launch ChatGPT-style AI bots to the public
By Michelle Toh, CNN Hong Kong (CNN) — Chinese tech firms Baidu and SenseTime launched their ChatGPT-style AI bots to the public on Thursday,…
Continue ReadingGannett to pause AI experiment after botched high school sports articles
By Clare Duffy, CNN New York (CNN) — Newspaper chain Gannett has paused the use of an artificial intelligence tool to write high school sports…
Continue ReadingAmerican Airlines flight attendants vote to authorize a strike
By Gregory Wallace (CNN) — The latest aviation employees to vote in favor of a strike are American Airlines flight attendants. The union…
Continue ReadingIt’s not just crime: What’s really going on with SF’s shrinking retail district
By Samantha Delouya, CNN (CNN) — In many ways, San Francisco’s downtown is in dire straits. The city’s once bustling Union Square…
Continue ReadingGoogle launches watermarks for AI-generated images
By Jennifer Korn, CNN New York (CNN) — In an effort to help prevent the spread of misinformation, Google on Tuesday unveiled an invisible,…
Continue ReadingUS pending home sales rose last month for the first time since February
By Anna Bahney, CNN Washington, DC (CNN) — US pending home sales rose in June, up 0.3% from the previous month, marking the first increase since…
Continue ReadingUS pending home sales rose in July for the second month in a row
By Anna Bahney, CNN Washington, DC (CNN) — US pending home sales ticked up in July by 0.9%, rising for the second month in a row despite…
Continue ReadingThe US economy grew more slowly in the second quarter than previously estimated
By Bryan Mena, CNN Washington, DC (CNN) — The US economy grew more slowly in the second quarter than previously estimated — a good sign for the…
Continue ReadingMark Thompson named CNN chief executive and chairman at critical juncture in news network’s history
By Oliver Darcy, CNN (CNN) — Mark Thompson, the former chief executive of The New York Times and director-general of the BBC, will be the next…
Continue ReadingHundreds of flights are canceled as Hurricane Idalia disrupts air travel
By Jordan Valinsky, CNN New York (CNN) — Flights across Florida continue to be disrupted Wednesday as Hurricane Idalia churns through the…
Continue ReadingApple expected to unveil new iPhone at ‘Wonderlust’ special event
By Jennifer Korn, CNN New York (CNN) — The next iPhone could be just weeks away. Apple announced its fall special event on Tuesday, sending out…
Continue ReadingTroubled Chinese homebuilder Country Garden is rushing to raise cash to avoid default
CNN By Laura He, CNN Hong Kong (CNN) — Country Garden is raising funds to avoid default, as the troubled real estate giant battles a liquidity…
Continue ReadingChinese homebuilder Country Garden warns it could default after posting $7 billion loss
By Laura He and Mark Thompson, CNN Hong Kong/London (CNN) — Country Garden warned Wednesday that it could default on its vast debts as it…
Continue ReadingHundreds of flights are canceled as Hurricane Idalia disrupts air travel
CNN By Jordan Valinsky, CNN New York (CNN) — Flights across Florida continue to be disrupted Wednesday as Hurricane Idalia churns through the…
Continue ReadingKey San Francisco Fed official who oversaw supervision of SVB will retire
By Elisabeth Buchwald, CNN New York (CNN) — Azher Abbasi, head of supervision at the Federal Reserve Bank of San Francisco — and a key…
Continue ReadingUS financial regulators green lit new rules aimed at reducing the cost of bank failures
By Elisabeth Buchwald, CNN New York (CNN) — US financial regulators on Tuesday signed off on new rules to prepare large and regional banks in…
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