GM earnings soar
By Chris Isidore, CNN New York (CNN) — General Motors reported its second-quarter earnings surged 59%, and the company raised its full-year…
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TikTok brings in text posts to rival Elon Musk’s X
CNN By Anna Cooban, CNN London (CNN) — TikTok will now allow users to post text-only content for the first time in a challenge to Elon Musk’s…
Continue ReadingTikTok brings in text posts to rival Elon Musk’s X
By Anna Cooban, CNN London (CNN) — TikTok will now allow users to post text-only content for the first time in a challenge to Elon Musk’s…
Continue ReadingCountries could lose $4.7 trillion over the next decade to tax havens, tax group estimates
By Jeanne Sahadi, CNN New York (CNN) — Thanks to legal tax avoidance strategies, illegal tax evasion schemes and creative accounting that…
Continue ReadingTaiwan’s TSMC to invest $2.9 billion in new plant as demand for AI chips soars
By Juliana Liu, CNN Hong Kong (CNN) — TSMC, the world’s largest chipmaker, says it plans to invest nearly 90 billion New Taiwan dollars ($2.9…
Continue ReadingChinese fans praise ‘Barbie’ as rare chance to see feminism on the big screen
CNN By Jessie Yeung and Berry Wang, CNN Hong Kong (CNN) — In recent years, China’s box office has been dominated by homegrown movies often…
Continue ReadingChina promises more support to boost ‘tortuous’ economic recovery
By Juliana Liu, CNN Hong Kong (CNN) — China’s top leadership has vowed to do more to support a “tortuous” economic recovery, which has…
Continue ReadingChinese fans praise ‘Barbie’ as rare chance to see feminism on the big screen
By Jessie Yeung and Berry Wang, CNN Hong Kong (CNN) — In recent years, China’s box office has been dominated by homegrown movies often with a…
Continue ReadingFedEx pilots reject 30% pay hike proposal, but a strike isn’t imminent
By Chris Isidore, CNN New York (CNN) — Pilots for FedEx have rejected a tentative labor deal. But that doesn’t mean they’re about to walk…
Continue ReadingUBS hit with $387 million in fines for ‘misconduct’ by Credit Suisse in Archegos dealings
By Samantha Delouya, CNN (CNN) — UBS is being fined for missteps by Credit Suisse less than two months after UBS completed an emergency…
Continue ReadingStrong leftover Yeezy sales could reduce Adidas’ expected operating loss
By Ellie Stevens, CNN (CNN) — Strong sales of leftover Yeezy inventory is helping Adidas recoup some of its losses. Recent sales of the shoes…
Continue ReadingNew EV battery plant fuels labor tensions as UAW strike looms
By Chris Isidore, CNN New York (CNN) — Stellantis and Samsung SDI announced plans Monday for another EV battery plant joint venture to open in…
Continue ReadingDomino’s is still struggling with delivery. One solution? More cars
By Danielle Wiener-Bronner, CNN New York (CNN) — Domino’s is still suffering declines in its delivery business. One solution? More cars.…
Continue ReadingThe rise of gig workers is changing the face of the US economy
By Samantha Delouya, CNN Los Angeles (CNN) — Lazarus Limo usually starts his day at 10 a.m. ET, driving passengers and delivering food for Uber…
Continue ReadingTrader Joe’s recalls two types of cookies because they may contain rocks
Ellie Stevens (CNN) — Trader Joe’s announced a recall of two types of cookies, stating that they may contain a foreign material, rocks, in a…
Continue ReadingWheat prices rise after Ukrainian Danube port hit
By Anna Cooban and Tim Lister, CNN London (CNN) — Wheat prices rose sharply Monday following a strike by a Russian drone on a Ukrainian port on…
Continue ReadingElon Musk rebrands Twitter as X
By Jordan Valinsky New York (CNN) — In a radical rebranding, Twitter owner Elon Musk has replaced Twitter’s iconic bird logo with X. Musk…
Continue Reading‘Barbenheimer’ box office debut sparks hopes that cinema is back
By Anna Cooban, CNN London (CNN) — Summer blockbusters “Barbie” and “Oppenheimer” have given the troubled film industry a big shot in…
Continue ReadingHere’s what inflation’s slowdown has meant for US businesses
By Bryan Mena, CNN Washington, DC (CNN) — American businesses are expected to fare better in the coming months, according to a survey of…
Continue ReadingEurope’s largest airline just sounded the alarm on travel demand
By Hanna Ziady, CNN London (CNN) — The travel industry has defied a global economic slowdown, enjoying record bookings and profits as pent-up…
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