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By Matt Egan, CNN New York (CNN) — The US Chamber of Commerce is strongly pushing back against efforts from Sens. Bernie Sanders, Elizabeth Warren and other progressives to urge the White House to use the 14th Amendment to avoid a disastrous default. The Chamber, a pro-business trade group that often supports Republicans, sent President
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — American Airlines and JetBlue Airways have to break up their alliance on Northeast US flight routes, a US District Court judge ordered Friday. US District Judge Leo Sorokin ruled in favor of the the Justice Department, giving the Biden administration a victory in its years-long lawsuit against
Continue ReadingBy Bryan Mena, CNN Washington, DC (CNN) — It has been a busy week of public engagements for the Federal Reserve’s top officials. One thing has become clear: There is an intensifying debate about whether to hike again or pause at the next meeting. Some officials are concerned inflation isn’t cooling fast enough, which could
Continue ReadingBy Elisabeth Buchwald and Carlos Suarez, CNN (CNN) — One of the most prominent Latino advocacy groups in the United States is urging people to avoid traveling to Florida ahead of a new immigration law that’s set to go into effect in July. Ahead of Republican Gov. Ron DeSantis’ expected presidential bid announcement, he signed
Continue ReadingBy Danielle Wiener-Bronner, CNN New York (CNN) — Last year, the Human Rights Campaign Foundation gave Bud Light parent company Anheuser-Busch a top rating for LGBTQ+ equality. But because of how the company handled backlash to a sponsored post by Dylan Mulvaney, a transgender woman, it’s now off the list. The organization informed Anheuser-Busch of
Continue ReadingBy Anna Cooban, CNN London (CNN) — The European Union is poised to impose a ban on imports of Russia’s diamonds — cutting off the world’s biggest diamond producer from one of its key markets. “Russian diamonds are not forever,” European Council President Charles Michel said on the sidelines of the G7 summit in Hiroshima,
Continue ReadingBy 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 of
Continue ReadingCNN 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
Continue ReadingBy Matt Egan, CNN New York (CNN) — During Thursday’s meeting with the CEOs of large banks, Treasury Secretary Janet Yellen told executives that more bank mergers may be necessary as the industry continues to navigate through a crisis, two people familiar with the matter told CNN. The comments from Yellen provide further evidence that
Continue ReadingBy Brian Fung, CNN Washington (CNN) — Twitter is accusing Microsoft of abusing its data access privileges to its platform, in the latest sign of the social network’s owner Elon Musk igniting a feud between the two tech companies. In a three-page letter to Microsoft CEO Satya Nadella — and sent by Alex Spiro, Musk’s
Continue ReadingCNN, CNN BUSINESS By Brian Fung, CNN Washington (CNN) — Twitter is accusing Microsoft of abusing its data access privileges to its platform, in the latest sign of the social network’s owner Elon Musk igniting a feud between the two tech companies. In a three-page letter to Microsoft CEO Satya Nadella — and sent by
Continue ReadingBy 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
Continue ReadingBy 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
Continue ReadingCNN, 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
Continue ReadingBy 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
Continue ReadingCNN 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
Continue ReadingBy 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
Continue ReadingBy Natasha Chen (CNN) — Strippers from the Star Garden Topless Dive Bar in North Hollywood have unanimously won their union election, in a 17-0 vote, creating the first union of strippers in the United States in about a decade. The ballots were opened at 11 am PT today by the National Labor Relations Board
Continue ReadingCNN 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
Continue ReadingBy 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
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