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Elon Musk claims George Soros ‘hates humanity.’ The ADL says Musk’s attacks ‘will embolden extremists’

By Chris Isidore, CNN New York (CNN) — Elon Musk launched a baseless Twitter attack on George Soros, a frequent target for antisemitic conspiracy theories, accusing the financier of hating humanity days after Soros disclosed having sold off a modest stake in Tesla. While Musk’s remarks don’t mention the billionaire philanthropist’s ethnicity, Musk was criticized

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Retail spending rebounded in April

By Bryan Mena, CNN Washington, DC (CNN) — Spending at US retailers rose in April following two months of declines, showing the US consumer is still fueling the economy. Retail sales, which are adjusted for seasonality but not for inflation, rose by 0.4% in April from the prior month, the Department of Commerce reported on

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Home Depot hits the brakes: Three-year robust sales run ends amid pull back on home improvements

By Nathaniel Meyersohn and Parija Kavilanz, CNN New York (CNN) — Home Depot couldn’t keep its protracted robust sales streak going any longer. The home improvement chain reported a dismal quarter as consumer spending on home improvement projects – which was buoyed by the stay-at-home pandemic lifestyle – come to a screeching halt. The retailer

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Vodafone plans 11,000 job cuts

By Hanna Ziady, CNN London (CNN) — Vodafone said Tuesday it would cut 11,000 jobs over three years, as the telecom company unveiled a turnaround plan to revive its fortunes following years of poor performance. The job cuts would affect the firm’s UK headquarters and operations in other countries, Vodafone (VOD) added in a statement.

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