Skip to Content

Money

Activist investor takes $1.9 billion stake in Southwest Airlines, calls for leadership changes

By Chris Isidore, CNN New York (CNN) — Elliott Investment Management announced Monday it has taken a $1.9 billion stake in Southwest Airlines and said there needs to be new leadership at the Dallas-based carrier. “Southwest’s poor execution and leadership’s stubborn unwillingness to evolve the company’s strategy have led to deeply disappointing results for shareholders,

Continue Reading
A woman uses an iPhone at the Apple store at Grand Central Terminal in New York City. Apple is widely expected to announce a partnership with ChatGPT maker OpenAI.

Everything Apple announced at its big AI event

CNN By Samantha Murphy Kelly, CNN Cupertino, California (CNN) — Apple just kicked off a brand new era for the company with the introduction of its first generative AI features for the iPhone. At its annual Worldwide Developers Conference on Monday, the company unveiled the first batch of tools powered by “Apple Intelligence,” from personalized

Continue Reading

America’s rural hospitals keep getting attacked by cybercriminals. Microsoft and Google are working to fix that

By Sean Lyngaas and Michelle Watson, CNN (CNN) — Microsoft and Google will offer free or discounted cybersecurity services to rural hospitals across the United States to make them less vulnerable to cyberattacks that have disrupted patient care and threatened lives, the White House and those tech firms said Monday. Microsoft said in a statement

Continue Reading

This could be Apple’s next big thing

By Samantha Murphy Kelly, CNN (CNN) — Apple is on the verge of kicking off perhaps its most important event in years as it faces a gauntlet of challenges. At its annual Worldwide Developers Conference starting Monday, the company is widely expected to announce a partnership with ChatGPT maker OpenAI and unveil the first batch

Continue Reading

The forgotten racial history of Red Lobster

By Nathaniel Meyersohn, CNN New York (CNN) — Communities around the country are losing cheddar bay biscuits and all-you-can-eat seafood deals as troubled Red Lobster closes around 100 US restaurants, with up to 135 more closures looming. But Red Lobster’s decline is particularly a loss for many Black diners, who formed a loyal base for

Continue Reading
Skip to content