CNN – Business/Consumer

By Laura He, CNN Hong Kong (CNN) — China’s BYD, which vies with Tesla for the title of the world’s top maker of battery electric vehicles, has agreed to build a $1 billion car factory in Turkey, the Turkish government has announced. BYD’s CEO Wang Chuanfu and Turkey’s Industry and Technology Minister Mehmet Fatih Kaci

By Samantha Delouya, CNN (CNN) — When Vera Sansalone, a realtor in West Virginia showed a log cabin home on a 90-acre property in Mannington to an interested buyer from the Boston area, he was shocked by the $420,000 asking price. After deciding not to buy it, Sansalone said the Boston buyer left her with

By Danielle Wiener-Bronner, CNN New York (CNN) — McDonald’s once poured big marketing dollars into its salads. But since 2020, greens have been off the menu. That’s because the chain has concluded that when people go to McDonald’s, they mostly want a burger and fries. “If people really want salads from McDonald’s we will gladly

By Matt Egan and Marshall Cohen, CNN New York (CNN) — LinkedIn co-founder Reid Hoffman is providing significant financial firepower to Smartmatic as the voting technology company fights Fox News and Newsmax over the right-wing networks’ repeated airing of 2020 election lies. Hoffman, a billionaire venture capitalist and prominent Democratic donor, framed his multimillion-dollar investment

By Ramishah Maruf, CNN New York (CNN) — Bloomberg Philanthropies is gifting $1 billion to make medical school free for the majority of students at Johns Hopkins University, joining other high-profile donors who have contributed to tuition-free medical schools across the country. In a letter by Michael Bloomberg in the Bloomberg Philanthropies’ annual report, the

By Anna Cooban, CNN London (CNN) — French stocks and government bonds struggled to find direction Monday following surprise results in France’s parliamentary elections, which saw left-wing parties outperform the far right Sunday, leaving the country’s parliament facing gridlock. The yield, or return sought by investors, on benchmark 10-year bonds ticked down to 3.18% by

By Clare Duffy, CNN New York (CNN) — When Matthew Sherwood goes shopping for clothes, he needs help to ensure that what he’s picking up is the color or style he’s looking for. Sherwood has been blind for more than 15 years; he has a family, a successful investing career and a dog, Chris, who

By Jeanne Sahadi, CNN New York (CNN) — Financial files in disarray. Late payments and last-warning service-cutoff notices. Multiple daily bank withdrawals. Out-of-character purchases. When a family member who has been fairly responsible with money all their lives becomes careless with their finances, it may be one sign of as-yet-undiagnosed dementia. Researchers at the New

By Laura He, CNN Hong Kong (CNN) — Beijing has intensified its anti-dumping investigation into imports of European brandy. The Chinese commerce ministry will hold a hearing on July 18 to discuss the probe into claims that European producers are selling brandy in China at artificially low prices, according to a statement from the ministry Friday. The hearing

By Jon Passantino and Liam Reilly, CNN (CNN) — Paramount Global—the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios—has agreed to merge with technology scion David Ellison’s Skydance Media, ending years of speculation over the company’s fate. The deal announced late Sunday comes just weeks after a previous offer from Ellison to acquire

By Chris Isidore, CNN New York (CNN) — Boeing has agreed to plead guilty to one charge of conspiracy to defraud the United States for its role in two fatal 737 Max crashes, the Justice Department said in a court filing Sunday evening. It represents yet another black eye for the company after a series of embarrassing

By Eva Rothenberg, CNN New York (CNN) — Radio host Andrea Lawful-Sanders has resigned from WURD Radio after admitting her post-debate interview with President Joe Biden included questions that were pre-selected by Biden’s campaign team, the station told CNN Sunday. “The interview featured pre-determined questions provided by the White House, which violates our practice of

By Eva Rothenberg, CNN New York (CNN) — John Deere announced it will lay off about 600 employees across three US factories as the Illinois-based company shifts production to a newly planned facility in Ramos, Mexico. Effective August 30, about 310 employees will be laid off at two Iowa-based plants in Dubuque and Davenport, as

By Ashley R. Williams, CNN (CNN) — A Pennsylvania woman who had recently completed her breast cancer treatment says she couldn’t believe her eyes after scratching off a winning $5 million ticket, according to lottery officials. Donna Osborne, 75, told Pennsylvania Lottery officials that she was at an airport with her daughter to visit family

By Peter Valdes-Dapena, CNN (CNN) — NASCAR racing is all about loud, fast cars burning gas and rubber around a track. But on Saturday, NASCAR unveiled something different: an all-electric SUV that has twice as much horsepower as any of their current gas guzzlers. It’s a sign of just how far electric vehicles have come

By Nathaniel Meyersohn, CNN New York (CNN) — Six Flags this week completed an $8 billion merger with rival Cedar Fair to create the largest amusement park operator in the United States. Together, they operate 42 amusement and water parks across 17 states. The success of the deal will determine the future of these amusement

By Hadas Gold, CNN (CNN) — ABC News’ George Stephanopoulos had a tall task on Friday: Press President Joe Biden on his age, his acuity and the future of his reelection campaign. It was one of the most anticipated interviews of his career. Stephanopoulos mostly lived up to the challenge, asking rapid-fire, biting questions that