Money

By Chris Isidore, Matt Egan and David Goldman, CNN New York (CNN) — US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies from combining was signed for “purely political reasons.” “Today’s legal

By Junko Ogura and Juliana Liu, CNN Tokyo/Hong Kong (CNN) — Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government. “We are considering this as an important option,” Tadashi Imai, president of Nippon Steel, told

CNN By Associated Press (AP) — New York’s new toll for drivers entering the center of Manhattan debuted Sunday, meaning many people will pay $9 to access the busiest part of the Big Apple during peak hours. The toll, known as congestion pricing, is meant to reduce traffic gridlock in the densely packed city while

By Associated Press (AP) — New York’s new toll for drivers entering the center of Manhattan debuted Sunday, meaning many people will pay $9 to access the busiest part of the Big Apple during peak hours. The toll, known as congestion pricing, is meant to reduce traffic gridlock in the densely packed city while also

By Alexandra Skores, CNN (CNN) — United Airlines flights will have access to Elon Musk’s Starlink Wi-Fi services as early as this spring, a sign of the widening reach of the tech billionaire. United will begin testing Starlink in February, and its first commercial flight with the service will launch this spring on the airline’s

By Chris Isidore, CNN New York (CNN) — At 5 p.m. PT on January 5, 2024, Boeing seemed like a company on the upswing. It didn’t last. Minutes later, a near-tragedy set off a full year of problems. As Alaska Airlines flight 1282 climbed to 16,000 feet in its departure from Portland, Oregon, a door

By Auzinea Bacon, CNN (CNN) — Amit Yoran, the CEO and chairman of cybersecurity firm Tenable Holdings, died Friday after a battle with cancer, according to a company announcement. He was 54. “Amit was not only a visionary leader but also a guiding force who profoundly impacted our industry, our company, our culture, and our

By Jon Passantino and Brian Stelter, CNN New York (CNN) — Pulitzer Prize-winning cartoonist Ann Telnaes announced Friday she had resigned from The Washington Post after the newspaper refused to publish a satirical cartoon depicting billionaire Post owner Jeff Bezos on bended knee in front of President-elect Donald Trump. Talnaes, who had been with The

By Chris Isidore, CNN New York (CNN) — A strike by the ski patrol at Park City Resort, North America’s largest ski area by acreage, has shut a majority of the Utah resort for more than a week at its busiest time of the year. Mediated talks took place again Friday between Vail Resorts, which

By Allison Morrow, CNN New York (CNN) — Meta promptly deleted several of its own AI-generated accounts after human users began engaging with them and posting about the bots’ sloppy imagery and tendency to go off the rails and even lie in chats with humans. The issue emerged last week when Connor Hayes, a vice

By Jordan Valinsky, CNN New York (CNN) — Friday’s warning from the US surgeon general that alcohol is a “well-established, preventable cause of cancer” is perhaps a wakeup call for millions of Americans, but it’s the worst-case scenario that many beer and spirits companies have been preparing for over the years. Major brewers, including Molson

By Chris Isidore, Arlette Saenz and Kayla Tausche, CNN New York (CNN) — President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration. “As I have said many times, steel production –

By Chris Isidore, CNN New York (CNN) — Honda and Nissan are the latest automakers to discuss combining forces. They won’t be the last. The two Japanese automakers announced last week that they plan to merge and create the world’s third largest automaker. Details aren’t yet finalized, but they expect to announce the combination within

By Juliana Liu, CNN Hong Kong (CNN) — Beijing is planning to curb the export of technology used to extract minerals critical for the growth of the global electric vehicle (EV) industry, as a tech rivalry with Washington escalates ahead of the inauguration of US President-elect Donald Trump later this month. China also wants to

By Clare Duffy, CNN New York (CNN) — Meta’s top policy executive, Nick Clegg, is stepping down from the post just as President-elect Donald Trump is set to take office. His replacement: one of the company’s most prominent Republicans. Clegg, the former UK deputy prime minister, joined the company in 2018 and was elevated to

By Clare Duffy, CNN New York (CNN) — This week’s deadly incidents in New Orleans and Las Vegas have thrust Turo, a car rental platform, into the spotlight, after the cars used in both attacks were rented through its marketplace. Turo calls itself a “peer-to-peer car sharing service,” meaning users can rent cars through the