Money

By Brian Fung, CNN Lina Khan has enraged corporate America. She wielded one of the world’s most powerful government departments, the Federal Trade Commission, to challenge big corporate mergers and to issue new regulations intending to give workers and consumers more rights. Business leaders, consequently, wanted her fired. And with the incoming Trump administration, they’re

By Auzinea Bacon, CNN (CNN) — TikTok has plans for another appeal as it faces a ban on January 19. The DC Circuit Court of Appeals on Friday rejected a temporary pause on the ban of TikTok, calling such a block “unwarranted” and paving the way for the Supreme Court to potentially decide the fate

By Erika Tulfo, CNN (CNN) — Aakaanksh Autade was iffy on TikTok Shop, TikTok’s in-app shopping feature, when it launched last year. Then the content creator grossed over $100,000 in sales when he hosted a live event on Black Friday and went from skeptic to believer. Autade is known for sharing tech-related tips and tricks

By Clare Duffy, CNN New York (CNN) — People in New Jersey are freaking(!) out(!) about sightings of what they say appear to be “giant drones” flying around at night. Government officials have said at least some of those sightings are just regular, old commercial flights. Turns out, there are a few apps that could

By John Towfighi, CNN (CNN) — The last time Sony was worth this much on the stock market, Bill Clinton was president and the PlayStation 2 was about to debut on American store shelves. It’s been a rough past two and a half decades for Sony, the 78-year-old company that invented the Walkman and the

By Chris Isidore, CNN New York (CNN) — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk disclosed on his social media platform X that the agency is demanding he agree to a fine of an undisclosed amount to settle charges over his initial purchases

By Tami Luhby, CNN (CNN) — In his first public response to the consumer outcry following the fatal shooting of one of his top executives, UnitedHealth Group CEO Andrew Witty said Friday that the US health system “is not perfect” and that coverage decisions “are not well understood.” “We know the health system does not

By Jeanne Sahadi, CNN (CNN) — Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income through a payment app or online marketplace like Venmo, CashApp, Airbnb and Etsy, come January you may start receiving 1099-K tax

By Jordan Valinsky, CNN New York (CNN) — It’s the end of an era for Bud Light: The beleaguered brand is no longer the most popular beer on tap at bars. Another Anheuser-Busch InBev beer, Michelob Ultra, has surpassed Bud Light in its share of US draft lines, marking an end to several decades of

By Matt Egan and Paula Newton, CNN (CNN) — Canada could retaliate against President-elect Donald Trump’s threatened tariffs by shutting down energy flows to the United States, a top Canadian official warned. “We will go to the extent of cutting off their energy going down to Michigan, going down to New York State and over

By John Towfighi, CNN (CNN) — Google and Samsung are stepping into the wearable headset race. The companies are joining forces to release a mixed-reality headset that will compete with Apple’s Vision Pro and Meta’s Quest 3. The Samsung-built headset will be powered by a new Android operating system, pushing into a market that has

By Karina Tsui, CNN (CNN) — Stanley, the drinkware brand that exploded in popularity on social media, issued a recall of roughly 2.6 million travel mugs over potential “burn hazards,” the Consumer Product Safety Commission announced in a release Thursday. The recall applies specifically to all Stanely Switchback and Trigger Action stainless steel travel mugs

By Hilary Whiteman, CNN Brisbane, Australia (CNN) — Lawyers for women who claim they’ve been sexually harassed while working for global mining giants BHP and Rio Tinto say they’ve been inundated with emails since filing two class action cases in an Australian court. The separate lawsuits, which were filed in the Federal Court in Sydney

By Ramishah Maruf, CNN New York (CNN) — The National Labor Relations Board issued a complaint against the producers of hit reality TV show “Love Is Blind,” arguing that the contestants should be classified as employees and therefore be eligible for worker protections. The complaint is NLRB’s first legal action of this kind regarding reality

By Reuters Wall Street brokerage Cantor Fitzgerald has agreed to pay a $6.75-million penalty to settle Securities and Exchange Commission charges that it misled investors in blank-check companies it controlled, the regulator said on Thursday. Cantor Fitzgerald did not immediately respond to a request for comment. According to the SEC, Cantor neither admitted nor denied

By Kaitlan Collins, Ramishah Maruf and Clare Duffy, CNN (CNN) — Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration, a person familiar with the matter told CNN. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer