CNN – Business/Consumer

By Rhea Mogul, Devendra Singh Chauhan and Vedika Sud, CNN Fears are growing for the survival of a 15-year-old girl who was allegedly set on fire by a family member who is also accused of raping her as she fights for her life at a hospital in northern India. In a case that has shocked

CNN, NASA By Jackie Wattles, CNN Four astronauts boarded a SpaceX Crew Dragon capsule and returned home from the International Space Station on Friday, bringing an end to their nearly six-month stay aboard the orbiting laboratory. The astronauts — NASA’s Kjell Lindgren, Bob Hines and Jessica Watkins as well as Italian astronaut Samantha Cristoforetti with the European Space Agency

By Matt McFarland, CNN Business and Reuters Nikola founder Trevor Milton was convicted Friday by a U.S. jury of fraud in a case alleging he lied to investors about the electric and hydrogen fuel cell company’s technology. The jury found Milton guilty on a count of securities fraud and two counts of wire fraud after

By Nicole Goodkind, CNN Business Federal Reserve Bank of Atlanta President Raphael Bostic said Friday he had inadvertently broken the central bank’s trading rules. New documents highlighted multiple violations. Bostic, who has led the Atlanta Fed for five years, made personal trades during blackout periods, when officials are prohibited from making financial transactions. The disclosures

CNN, CNNBUSINESS By Kate Trafecante Harvard University’s endowment lost $2.3 billion in fiscal 2022, blaming the loss on both the global market downturn as well as the university’s commitment to climate goals. This is the fund’s first negative return since 2016, according to the University’s Annual Financial Report, published on Thursday. The endowment — comprised

CNN, CNN BUSINESS By Frank Pallotta, CNN Business It’s a scary time in Hollywood. The streaming revolution has transformed the entertainment industry and studios are trying to keep up. But one company that doesn’t seem too frightened of the future is best known for scaring others: Blumhouse Productions. You may not have heard of Blumhouse,

CNN By Julia Horowitz, Luke McGee and Mark Thompson, CNN Business UK Prime Minister Liz Truss has fired finance minister Kwasi Kwarteng and ditched a big part of her discredited economic strategy in a desperate bid to rescue her month-old premiership. At a Downing Street news conference, Truss said she was scrapping plans to reverse

By Parija Kavilanz, CNN Business Beyond Meat Chief Operating Officer Doug Ramsey is leaving the company after his recent arrest for assault. Ramsey was arrested last month on on charges of “terroristic threatening” and third-degree battery after he allegedly bit a man’s nose following a Arkansas football game. Ramsey was released on an $11,000 bond

By Nicole Goodkind, CNN Business Markets plunged on Thursday morning after red-hot inflation data raised fears on Wall Street that the Federal Reserve would continue hiking interest rates aggressively. Then, something strange happened. Stocks staged a massive comeback. The Dow Jones Industrial Average surged 1,500 points from peak to trough and the S&P 500 posted

By Jackie Wattles, CNN Four astronauts boarded a SpaceX Crew Dragon capsule and returned home from the International Space Station on Friday, bringing an end to their nearly six-month stay aboard the orbiting laboratory. The astronauts — NASA’s Kjell Lindgren, Bob Hines and Jessica Watkins as well as Italian astronaut Samantha Cristoforetti with the European Space Agency or ESA

CNN By Anna Bahney, CNN Business Home sales in the US declined for the eighth month in a row in September as surging mortgage rates and high prices pushed buyers out of the market. Sales of existing homes — which include single-family homes, townhomes, condominiums and co-ops — were down 23.8% in September from a

By Julia Horowitz, Luke McGee and Mark Thompson, CNN Business UK Prime Minister Liz Truss has fired finance minister Kwasi Kwarteng and ditched a big part of her discredited economic strategy in a desperate bid to rescue her month-old premiership. At a Downing Street news conference, Truss said she was scrapping plans to reverse a

By Swati Gupta, Manveena Suri, Rhea Mogul and Heather Chen, CNN Indian health authorities have halted production at a pharmaceutical company in New Delhi after the World Health Organization (WHO) said its cough and cold syrups may be linked to the deaths of dozens of children. The WHO suspects that four of the syrups made

By Oliver Darcy, CNN Business Last Thursday, at precisely 5:29pm Pacific Time, a mysterious Twitter account with the handle @LAunionLaundry posted secretly taped audio of now-former Los Angeles County Federation of Labor chief Ron Herrera. The account tagged two reporters at the Los Angeles Times, as well as the newspaper’s politics account. The move successfully

CNN, MIKEBONIN.COM, GETTY IMAGES, LA TIMES, KABC, TWITTER, KCAL, KCBS By Oliver Darcy, CNN Business Last Thursday, at precisely 5:29pm Pacific Time, a mysterious Twitter account with the handle @LAunionLaundry posted secretly taped audio of now-former Los Angeles County Federation of Labor chief Ron Herrera. The account tagged two reporters at the Los Angeles Times,