CNN – Business/Consumer

By Mary Kay Mallonee, CNN (CNN) — The Justice Department said on Thursday that it has made “substantial progress” in finalizing an agreement with Boeing to plead guilty to defrauding the US government, but more time is needed to work out the remaining details. Earlier this month, Boeing (BA) agreed to plead guilty to one

By Kathleen Magramo, Hassan Tayir and Joyce Jiang, CNN Hong Kong (CNN) — In China, it’s possible to travel six miles in a driverless taxi for just about 50 cents. Self-driving cars, commonly called robotaxis, are being popularized at cut-throat prices in Wuhan, a sprawling metropolis of over 11 million people in central China. It

By Ramishah Maruf and Mark Morales, CNN New York (CNN) — J. Michael Cline, the founder of movie ticket company Fandango, fell to his death from a New York City hotel Tuesday, a law enforcement official confirmed to CNN. The New York Police Department said that around 10 am on Tuesday, the 64-year-old was found

By Ramishah Maruf, CNN New York (CNN) — Bissell has recalled about 3.2 million handheld Steam Shot cleaners, which are popular across social media, after more than 150 burn injury reports. The recall, posted by the Consumer Product Safety Commission on Thursday, said that the steam cleaner, a popular item on TikTok under the hashtag

By Hadas Gold, CNN (CNN) — The US Secret Service pushed back Thursday against recent criticism from right-wing media personalities and lawmakers blaming female agents for security failures during the assassination attempt on former President Donald Trump. In the wake of the Saturday shooting, some right-wing media figures focused their attention on the female agents

By Peter Valdes-Dapena, CNN (CNN) — Classic Ferraris can be among the most valuable cars in the world with some selling for tens of millions of dollars. That value also means it’s a ripe market for counterfeits. Ferrari is so determined to maintain the authenticity of its cars, then, that it’s crushing potential fakes into

By Samantha Delouya, CNN (CNN) — Netflix will start phasing out its Basic plan, its cheapest advertising-free plan, which costs $11.99 per month in the United States, the company said on Thursday. The company had previously stopped accepting new sign-ups for the Basic plan, instead pushing customers to Netflix’s ad-supported plan, which costs $6.99 per

By Sergey Gudkov and Anna Chernova, CNN (CNN) — The espionage trial of American journalist Evan Gershkovich resumed in a Russian court on Thursday after being brought forward at the request of his defense. Gershkovich attended the court hearing in person, according to the court’s press service, with the hearing being held behind closed doors. The

By Hadas Gold, CNN New York (CNN) — In the days following the assassination attempt on former President Donald Trump, the Secret Service, charged with securing the Pennsylvania event, has faced scrutiny for the extraordinary breach that led to the agency’s worst failure in decades. But one narrative has quickly taken hold in parts of

By Bryan Mena, CNN Washington (CNN) — Republican presidential nominee Donald Trump would not fire Federal Reserve Chair Jerome Powell if the former president wins the election in November, according to a Bloomberg interview published Tuesday. But Trump’s statement wasn’t exactly a promise, saying he’d let Powell finish up his second term, “especially if I

By Krystal Hur, CNN New York (CNN) — Tech shares slumped Wednesday as investors shed the behemoths that fueled Wall Street’s monster stock rally this year. The Nasdaq Composite index tumbled 2.8%, logging its worst day since December 2022. The S&P 500 lost 1.4%. The Dow rose 0.6%, closing at another record high and above

By Chris Isidore and Matt Egan, CNN New York (CNN) — Gas prices could soon soar across the Chicago metropolitan area after a tornado narrowly missed a major ExxonMobil refinery outside of Chicago Monday night, knocking out power to the facility. The refinery, know as ExxonMobil’s Joliet Refinery, is located in neighboring Channahon, Illinois. Channahon

By Hanna Ziady, Barbie Latza Nadeau and Lauren Kent, CNN London/Rome (CNN) — Italy’s competition authority is investigating whether Armani and Dior have misled consumers about their production processes, following reports that local companies in their supply chains pay workers too little and force them to work long hours. In a statement Wednesday, the authority

By Hanna Ziady, CNN London (CNN) — Pernod Ricard is selling most of its wine brands, as wine consumption is falling globally, and will instead focus on growing its champagne and premium spirits labels, including in the United States. The French group — which owns Absolut Vodka, Jameson Whiskey, Olmeca Tequila and Beefeater Gin — announced the sale of seven wineries