Boeing CEO on 737 blowout: ‘We caused the problem’
By Chris Isidore, Pete Muntean and Gregory Wallace, CNN New York (CNN) — Boeing CEO Dave Calhoun said that Boeing is responsible for the…
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Universal threatens to pull Taylor Swift’s songs off TikTok in dispute over payments
By Anna Cooban, CNN London (CNN) — Universal Music Group has threatened to pull its music off TikTok in a dispute over royalties, a move that…
Continue ReadingH&M CEO quits abruptly after ‘very demanding’ times
By Olesya Dmitracova, CNN London (CNN) — Helena Helmersson stepped down Wednesday as chief executive of H&M, bringing an abrupt end to her…
Continue ReadingSamsung upbeat about AI-driven smartphones after losing sales crown to Apple
By Michelle Toh, CNN Hong Kong (CNN) — Samsung posted its fourth straight quarter of slumping profits on Wednesday, capping off a dismal year…
Continue ReadingBaltimore Orioles agree to be sold to a group led by David Rubenstein for $1.7 billion
By Matt Egan and David Goldman, CNN (CNN) — Baltimore Orioles owner Peter Angelos and family have agreed to sell the baseball team they have…
Continue ReadingWalmart’s stock is about to appear a whole lot cheaper
By Elisabeth Buchwald, CNN New York (CNN) — Walmart is rolling back the prices for investors, too. That’s because mega retailer is issuing a…
Continue ReadingJudge strikes down Elon Musk’s massive, multi-billion-dollar pay package
By Chris Isidore, CNN New York (CNN) — A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk…
Continue ReadingHalf of US tenants can’t afford to pay their rent. Here’s what’s ahead
By Anna Bahney, CNN Washington, DC (CNN) — Half of renters in the United States have found themselves paying more than they can afford,…
Continue ReadingPayPal is reducing its workforce by 9%
By Ramishah Maruf, CNN New York (CNN) — PayPal is cutting about 9% of its workforce, the company said Tuesday. The layoffs join the long list…
Continue Reading$500 million Harvard megadonor halts donations, says elite schools produce ‘whiny snowflakes’
By Matt Egan, CNN New York (CNN) — Hedge fund billionaire Ken Griffin, who has donated more than $500 million to Harvard University over the…
Continue ReadingIBM tells managers to come to the office or leave their jobs
By Jennifer Korn, CNN (CNN) — IBM has given managers an ultimatum: Come into the office or leave. The technology firm is pushing for an end to…
Continue ReadingUPS is cutting 12,000 jobs
By Chris Isidore, CNN New York (CNN) — UPS announced Tuesday that it will cut 12,000 jobs as part of a bid to save $1 billion costs. Managers and…
Continue ReadingNY AG sues Citibank for failing to protect customers from hackers and scammers
By Matt Egan, CNN New York (CNN) — New York Attorney General Letitia James filed a lawsuit against Citibank on Tuesday, alleging the big bank…
Continue ReadingUS job openings grew in December
By Alicia Wallace, CNN New York (CNN) — The US job market remains strong and workers are still in demand, according to newly released labor data.…
Continue ReadingNews channel sparks outrage over ‘sexist editing’ of female lawmaker’s image
By Hafsa Khalil, CNN (CNN) — An Australian news channel has apologized after broadcasting an edited picture of a female lawmaker that enlarged…
Continue ReadingShe says she was raped by a Lyft driver and had a child. Now she’s suing
By Clare Duffy and Jennifer Korn, CNN. Video by John General and Deborah Brunswick. Orlando, Florida (CNN) — A Florida woman sued Lyft earlier…
Continue ReadingShe says she was raped by a Lyft driver and had a child. Now she’s suing
CNN By Clare Duffy and Jennifer Korn, CNN. Video by John General and Deborah Brunswick. Orlando, Florida (CNN) — A Florida woman sued Lyft…
Continue ReadingGM said the strike cost it $1.1 billion. But it could post a record profit this year
By Chris Isidore, CNN New York (CNN) — A 46-day strike took only a modest bite out of General Motors earnings for 2023, and America’s largest…
Continue ReadingClouds over global economy ‘beginning to part’ but Red Sea crisis could spell trouble, says IMF
By Anna Cooban, CNN London (CNN) — The outlook for the global economy is brightening, the International Monetary Fund said Tuesday as it…
Continue ReadingStarbucks is launching its olive oil-infused beverages nationwide
By Jordan Valinsky, CNN New York (CNN) — Starbucks is taking its extra virgin olive oil-infused drinks — which some customers previously…
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