Money

CNN By Lauren Said-Moorhouse, Niamh Kennedy and Jessie Gretener, CNN Business (CNN) — A US photo agency says it has refused to hand over pictures and video of the Duke and Duchess of Sussex taken in New York on Tuesday night during what the royal couple called a “near catastrophic” car chase by “a ring

By Krystal Hur, CNN New York (CNN) — Morgan Stanley chief executive James Gorman will step down as the company’s head within the next 12 months, he said Friday at the bank’s annual shareholder meeting. “The specific timing of the CEO transition has not been determined, but it is the Board’s and my expectation that

By Olesya Dmitracova, CNN London (CNN) — Turkey’s President Recep Tayyip Erdogan has promised to continue with his unorthodox policy of cutting interest rates to reduce sky-high inflation if he is re-elected on May 28. “Please do follow me in the aftermath of the elections, and you will see that inflation will be going down

CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN (CNN) — The Toyota Tacoma has been the best-selling mid-sized pickup in America for the last 20 years but its territory is getting much more competitive. To help it stay ahead in a crowded auto-industry battle for small-truck customers, Toyota just unveiled an entirely new Tacoma. It includes

By Peter Valdes-Dapena, CNN (CNN) — The Toyota Tacoma has been the best-selling mid-sized pickup in America for the last 20 years but its territory is getting much more competitive. To help it stay ahead in a crowded auto-industry battle for small-truck customers, Toyota just unveiled an entirely new Tacoma. It includes some options more

CNN By Brian Fung, CNN (CNN) — A group of TikTok users has sued to overturn Montana’s new statewide ban blocking the app, alleging that the law signed this week by Gov. Greg Gianforte violates the First Amendment. The complaint filed Wednesday evening in the US District Court for the District of Montana — hours

By Brian Fung, CNN (CNN) — A group of TikTok users has sued to overturn Montana’s new statewide ban blocking the app, alleging that the law signed this week by Gov. Greg Gianforte violates the First Amendment. The complaint filed Wednesday evening in the US District Court for the District of Montana — hours after

CNN By Allison Morrow and Natasha Chen, CNN (CNN) — Disney on Thursday upped the ante in its battle with Florida’s Republican Gov. Ron DeSantis, and it cost his state 2,000 white-collar jobs. The company is scrapping plans to build a $1 billion office complex in Florida, citing “changing business conditions,” according to a memo

By Jennifer Korn New York (CNN) — OpenAI is making it even easier for many to access ChatGPT. OpenAI on Thursday announced the launch of a free ChatGPT app for iOS users in the United States, with plans to roll out to other countries soon. The launch comes six months after OpenAI first released ChatGPT

By Peter Valdes-Dapena, CNN New York (CNN) — Korean automakers Kia and Hyundai have agreed to an estimated $200 million class action legal settlement over claims that many of the companies’ cars and SUVs are much too easy to steal. The settlement, which could cover up to nine million vehicle owners, provides a total of

By Matt Egan, CNN New York (CNN) — During a meeting with more than two dozen bank CEOs on Thursday, Treasury Secretary Janet Yellen stressed the urgent need for Congress to address the debt ceiling, according to a readout of the meeting from the Treasury Department. The meeting, which took place in Washington and included

By Lauren del Valle, CNN (CNN) — In a second legal victory for Ed Sheeran this month, a federal district judge dismissed another lawsuit that claimed Sheeran’s hit “Thinking Out Loud” copied the 1973 Marvin Gaye hit “Let’s Get It On.” The lawsuit, brought by Structured Asset Sales LLC, investment banker David Pullman’s company that