Money

By Michelle Toh and Gawon Bae, CNN Hong Kong/Seoul (CNN) — South Korean prosecutors have indicted a former Samsung executive for allegedly working with competitors who tried to build a copycat semiconductor factory in China. In a Monday statement, the Suwon district prosecutor’s office said it had charged a 65-year old former employee of what

By Ramishah Maruf, CNN New York (CNN) — A section of northbound I-95 in Philadelphia collapsed Sunday after a tanker truck caught fire underneath the highway. The southbound side is also “compromised by heavy fire,” city officials said Sunday. I-95 is an important artery for not only the East Coast, but for regional transportation and

By Hanna Ziady, CNN London (CNN) — UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global financial crisis. The legal closure of the acquisition “brings clarity and stability for the two banks,” Switzerland’s

By Ramishah Maruf, CNN New York (CNN) — New York City on Sunday announced a new minimum pay-rate for app food delivery workers amid a rise in use of services like Uber Eats and DoorDash since the pandemic. Manhattan’s 60,000 food delivery workers currently make on average about $7.09 an hour, according to a news

By Harmeet Kaur, CNN (CNN) — When thousands of Egyptians marched through the streets during the Arab Spring of 2011, they had a tool at their disposal that earlier social movements didn’t: Twitter. A key group of activists used the platform to form networks and organize protests against the authoritarian regime, while many more demonstrators

CNN By Alicia Wallace, CNN Minneapolis (CNN) — On Wednesday in Queens, New York, William Medina was blasted with smoke, his lungs choked by polluted air as he delivered Uber Eats orders by scooter. About 2 p.m. in Brooklyn, Matt Leichenger was in the back of his UPS truck sorting packages. His eyes burned and

By Ashley R. Williams, CNN (CNN) — If you possess a passion for pizza, cheese and all things dairy, your taste buds may be in luck. The University of Wisconsin-Madison’s Center for Dairy Research is looking to hire a descriptive sensory panelist – in other words, a dairy taste tester – to join “a group

By Nathaniel Meyersohn, CNN New York (CNN) — President Joe Biden’s administration is set to allow New York City to move forward with a landmark program that will toll vehicles entering Lower Manhattan, after a public review period ends Monday. The toll is formally known as the Central Business District Tolling Program — but it’s

By Christopher Hickey, CNN Home Depot and Lowe’s are known for being a one-stop destination for do-it-yourself projects. But in recent years, they’ve both expanded into a different kind of home improvement: “soft DIY.” Experts say the expansion into this category — from vases and decorative pillows to artificial flowers and candles — shows a

By Jennifer Korn New York (CNN) — When Apple unveiled its ambitious and very pricey new mixed reality headset earlier this week, executives ticked through a long list of impressive specs, teased big name partnerships and showed off a perfectly produced promo video. But there was one thing Apple’s execs did not do during the

By Ramishah Maruf, CNN New York (CNN) — Blue Apron (APRN), the home meal kit delivery service, paid off its debts and plans to streamline its business with job cuts, restructuring and a sale of assets to fellow meal company FreshRealm. The crowded meal-kit business has suffered post-pandemic, so Wall Street reacted enthusiastically to the