Gap hires Mattel president to be its new CEO
By Jordan Valinsky, CNN Business New York (CNN) — Gap has named a new CEO, from toy giant Mattel, nearly a year after its previous leader…
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Prosecutors want Sam Bankman-Fried sent to jail after witness-tampering allegations. Judge issues gag order
By Allison Morrow and Kara Scannell, CNN New York (CNN) — A federal judge issued a gag order on former FTX CEO Sam Bankman-Fried, restricting…
Continue ReadingGoogle, Microsoft, OpenAI and Anthropic announce industry group to promote safe AI development
By Brian Fung, CNN (CNN) — Some of the world’s top artificial intelligence companies are launching a new industry body to work together —…
Continue ReadingGoogle, Microsoft, OpenAI and Anthropic announce industry group to promote safe AI development
CNN By Brian Fung, CNN (CNN) — Some of the world’s top artificial intelligence companies are launching a new industry body to work together…
Continue ReadingThis measure of homelessness in England has reached a 25-year high
By Anna Cooban, CNN London (CNN) — The number of households living in temporary accommodation in England has hit its highest level since at…
Continue ReadingThe US economy grew stronger than expected in the second quarter, but consumers are pulling back
CNN By Bryan Mena, CNN Washington (CNN) — The US economy picked up steam in the second quarter despite punishing rate hikes and still-high…
Continue ReadingThe Fed hikes interest rates by a quarter point and hints at another increase this year
By Bryan Mena, CNN Washington, DC (CNN) — The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest…
Continue ReadingSamsung’s newest foldable phone is still outrageously pricey
By Samantha Murphy Kelly, CNN (CNN) — Samsung is doubling down on its foldable smartphones with a range of new features, but it’s not…
Continue ReadingUK bank CEO quits over closure of Brexit campaigner Nigel Farage’s account
By Robert North and Hanna Ziady, CNN London (CNN) — The CEO of one of the biggest banks in the United Kingdom has resigned after admitting she…
Continue ReadingChina’s new central bank governor faces daunting tasks
By Laura He, CNN Hong Kong (CNN) — China has a new central bank governor. Pan Gongsheng, who has managed the world’s largest foreign exchange…
Continue ReadingThe risks are rising for Western firms in Russia. So why are so many staying put?
By Hanna Ziady, CNN London (CNN) — When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left…
Continue ReadingExplosive Variety report on behind-the-scenes CNN drama ignites fierce backlash from top industry figures
By Oliver Darcy, CNN (CNN) — Variety is facing a blistering wave of backlash. The Hollywood trade publication is being confronted with serious…
Continue ReadingWhite House condemns Fox News over ‘dangerous and extreme’ Holocaust comments from top host
CNN by Oliver Darcy, CNN New York (CNN) — The White House condemned Fox News on Tuesday over remarks made by one of its top hosts about the…
Continue ReadingBritish billionaire Joe Lewis indicted on insider trading charges
By Samantha Delouya, CNN (CNN) — British billionaire and owner of the Tottenham Hotspur football club Joe Lewis was indicted on insider trading…
Continue ReadingStorms cause a growing number of flight disruptions
By Greg Wallace, CNN (CNN) — Flight disruptions are climbing as severe weather hits multiple busy Northeast airports. The flight tracking site…
Continue ReadingBanc of California set to merge with rival PacWest
By Elisabeth Buchwald, CNN New York (CNN) — PacWest Bancorp (PACW) is set to merge with Banc of California and raise $400 million in equity,…
Continue ReadingWhite House condemns Fox News over ‘dangerous and extreme’ Holocaust comments from top host
by Oliver Darcy, CNN New York (CNN) — The White House condemned Fox News on Tuesday over remarks made by one of its top hosts about the…
Continue ReadingShopping for a home? There’s a lot working against you right now
By Anna Bahney, CNN Washington, DC (CNN) — So many things are working against would-be home buyers this summer. The housing market remains…
Continue ReadingWhite House condemns Fox News over ‘dangerous and extreme’ Holocaust comments from top host
CNN by Oliver Darcy, CNN New York (CNN) — The White House condemned Fox News on Tuesday over remarks made by one of its top hosts about the…
Continue ReadingChatGPT creator pulls AI detection tool due to ‘low rate of accuracy’
By Samantha Murphy Kelly, CNN Business (CNN) — Less than six months after ChatGPT-creator OpenAI unveiled an AI detection tool with the…
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