Trump’s pick to lead HUD faces home affordability woes and possible budget cuts
By Samantha Delouya, CNN (CNN) — If the Senate confirms Scott Turner as secretary for the Department of Housing and Urban Development, he will…
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Disney agrees to pay $43 million to settle lawsuit alleging it paid men more than women
By Jordan Valinsky, CNN New York (CNN) — Disney has agreed to pay $43 million to settle a lawsuit that it paid female employees less than their…
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Escaping Trump’s tariffs has required navigating a ‘broken’ system vulnerable to corruption, businesses and academics say
By Matt Egan, CNN New York (CNN) — In 2018, Bobby Djavaheri feared his family’s appliance business faced an existential threat from the Trump…
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Airlines make billions charging ‘junk fees,’ congressional report says
By Pete Muntean, CNN (CNN) — Airlines have pocketed billions of dollars in so-called “junk fees” by charging customers extra to select a…
Continue ReadingHuawei seals post-Android comeback by unveiling new phone with its own software
By Juliana Liu and Hassan Tayir, CNN Hong Kong (CNN) — Huawei has unveiled a new flagship phone boasting entirely homegrown software that aims…
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Hong Kong is becoming a hub for financial crime, US lawmakers say
By Nectar Gan, CNN Hong Kong (CNN) — Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of…
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Walmart rolls back DEI programs after right-wing backlash
By Nathaniel Meyersohn, CNN New York (CNN) — Walmart, the largest private employer in the United States, will curb some diversity, equity and…
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Microsoft’s massive Outlook and Teams outage resolves after more than a day
By Ramishah Maruf, CNN New York (CNN) — Microsoft said most Outlook and Teams services had been restored as of Monday evening, after more than…
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Starbucks forced to pay its baristas manually because of a ransomware attack on third-party software
By Sean Lyngaas, CNN (CNN) — A ransomware attack has disrupted a third-party software system that Starbucks uses to track and manage its…
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Warren Buffett just shared his most detailed plan yet for his fortune when he dies
By Bryan Mena, CNN Washington (CNN) — Warren Buffett shared on Monday his most detailed plan yet for his fortunes after death, while announcing…
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Kohl’s CEO will step down. He’ll be replaced by the head of Michaels
By Ramishah Maruf, CNN New York (CNN) — Kohl’s announced its CEO Tom Kingsbury will step down on January 15, 2025, and will be replaced by…
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Macy’s found a single employee hid up to $154 million worth of expenses
CNN By Jordan Valinsky, CNN New York (CNN) — Macy’s announced Monday that a single employee was responsible for so many accounting…
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11,000 jobs on the line as another German company stumbles
By Hanna Ziady, CNN London (CNN) — Thyssenkrupp Steel has announced plans to eliminate 11,000 jobs by the end of this decade — about 40% of…
Continue Reading Macy’s found a single employee hid up to $154 million worth of expenses
By Jordan Valinsky, CNN New York (CNN) — Macy’s announced Monday that a single employee was responsible for so many accounting irregularities…
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‘Huge relief.’ CEOs exhale after Trump taps Scott Bessent to lead Treasury
By Matt Egan, CNN New York (CNN) — Business leaders say they are relieved President-elect Donald Trump made a safe choice to lead the…
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It’s time to rethink how to make your money last in retirement
By Jeanne Sahadi, CNN (CNN) — Unless you’re lucky enough to have a defined-benefit pension on top of Social Security when you retire —…
Continue ReadingLunchables were a smashing success. Now they’re in crisis
By Nathaniel Meyersohn, CNN New York (CNN) — Americans are losing their taste for Lunchables. Sales of the compartmentalized meat and cheese…
Continue ReadingNestle and Keurig want you to make iced coffee at home instead of paying a barista. That’s harder than it looks
By Ramishah Maruf, CNN New York (CNN) — Iced coffee just isn’t the same when you make it at home. It quickly waters down, tastes bitter and…
Continue ReadingMoviegoers all ‘Glicked’ about November blockbusters
By Auzinea Bacon, CNN (CNN) — Hollywood is seeing green this weekend, with “Wicked” leading a big jump at the domestic box office.…
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Software company providing services to US and UK grocery stores says it was hit by ransomware attack
By Sean Lyngaas, CNN (CNN) — A major software supply-chain company, which counts US and UK grocery stores and Fortune 500 firms as clients,…
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