Skip to Content

CNN – Business/Consumer

Pictured is a screengrab of the FoloToy webpage for the company's AI-enabled "Kumma" bear.

Sales of AI-enabled teddy bear suspended after it gave advice on BDSM sex and where to find knives

By Jack Guy and Joyce Jiang, CNN (CNN) — Sales of an artificial intelligence-enabled plush toy have been suspended after it was found that it engaged in conversation around sexually explicit topics and offered potentially dangerous advice. Larry Wang, CEO of Singapore-based FoloToy, told CNN that the company had withdrawn its “Kumma” bear, as well

Continue Reading
Target has had a rough 2025.

Target may have hit rock bottom

By Nathaniel Meyersohn, CNN New York (CNN) — Target’s problems are intensifying. In the latest signal of trouble, the company reported sales dropped during its latest quarter, and Target cut its full-year profit guidance Wednesday. The company’s sales have stagnated for about four years, and Target said last month that it would cut 1,000 corporate

Continue Reading
Small businesses are feeling the strain of rising costs.

‘Everyone is hunkering down.’ The affordability crisis is rattling mom-and-pop shops

By Matt Egan, CNN New York (CNN) — Surging import costs. Mounting payroll and healthcare expenses. A shortage of affordable loans. And a stressed-out workforce. Small businesses are facing mounting pressure from America’s affordability crisis. Doug Scheffel, owner of a family-run ETM Manufacturing in Massachusetts, laid off about a quarter of his employees in April

Continue Reading
Sky Sports shut down its TikTok channel targeting female sports fans just days after it was launched.

Sky Sports ditches new women’s TikTok account after viewers brand it ‘sexist’ and ‘patronizing’

By Issy Ronald, CNN (CNN) — Subscription TV company Sky Sports has scrapped its new TikTok account targeting female sports fans after just three days, after the style and tone of its videos faced backlash. Social media users labeled the account “condescending,” “patronizing” and “sexist,” accusing it of perpetuating the problems it purported to address.

Continue Reading
The Frozen Peppermint Hot Chocolate will only be sold at Starbucks locations inside Target stores.

Target and Starbucks are both looking for a turnaround. They’re teaming up on an exclusive new drink

By Jordan Valinsky, CNN New York (CNN) — Two of America’s most embattled retail chains are working together to drum up some excitement from customers this holiday season. They sure could use it. Beginning Monday, a Frozen Peppermint Hot Chocolate drink will be available exclusively at Starbucks cafés inside Target stores. The vast majority of

Continue Reading

Uncle Sam is outperforming the S&P 500

By John Towfighi, CNN (CNN) — The Trump administration is investing in publicly traded companies — and it’s sending stocks soaring higher. Under President Donald Trump, the US government has taken equity stakes in companies including Intel (INTC), MP Materials (MP), Lithium Americas (LAC) and Trilogy Metals (TMQ). Investing in public companies is an unusual

Continue Reading