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CNN By Nicole Goodkind, CNN Apple and Goldman Sachs launched a new high-yield savings account on Monday that offers a 4.15% interest rate, more than 10 times higher than the US national average. The move is one of many that Apple has made in recent months to increase its financial services footprint — adding some
Continue ReadingBy Nicole Goodkind, CNN Apple and Goldman Sachs launched a new high-yield savings account on Monday that offers a 4.15% interest rate, more than 10 times higher than the US national average. The move is one of many that Apple has made in recent months to increase its financial services footprint — adding some lofty
Continue ReadingBy Oliver Darcy and Marshall Cohen, CNN The high-stakes showdown between Dominion Voting Systems and Fox News finally commences in earnest Tuesday when the $1.6 billion defamation trial begins, shining a spotlight on Fox’s election denialism and the toxic role of its disinformation on American politics. The trial, initially set to begin with opening statements
Continue ReadingCNN By Oliver Darcy and Marshall Cohen, CNN The high-stakes showdown between Dominion Voting Systems and Fox News finally commences in earnest Tuesday when the $1.6 billion defamation trial begins, shining a spotlight on Fox’s election denialism and the toxic role of its disinformation on American politics. The trial, initially set to begin with opening
Continue ReadingBy Michelle Toh, CNN Apple’s CEO Tim Cook is in India this week to open its first physical stores in the country, marking a milestone for the iPhone maker in the world’s second largest smartphone market. Cook was seen personally welcoming customers as employees cheered and clapped at the company’s new outlet in Mumbai, which
Continue ReadingBy Clare Duffy, CNN YouTube on Tuesday announced a series of changes to how it deals with content related to eating disorders. The platform has long removed content that glorifies or promotes eating disorders, and YouTube’s Community Guidelines will now also prohibit content that features behaviors such as purging after eating or extreme calorie counting
Continue ReadingBy Laura He, CNN China’s economy got off to a solid start in 2023, as consumers went on a spending spree after three years of strict pandemic restrictions ended. Gross domestic product grew by 4.5% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the
Continue ReadingBy Chris Isidore and Vanessa Yurkevich, CNN Writers for television, movies and streaming shows have voted overwhelmingly to go on strike if no labor deal can be reached before a May 1 deadline. The vote announced Monday afternoon showed 97.9% of participating union members voting to approve a potential strike. If a strike happens, it
Continue ReadingBy Jeanne Sahadi, CNN Apple on Monday announced that it is now offering its Apple Card holders a 4.15% high-yield savings account with Goldman Sachs. They may park both the 3% cash back they receive from using the Apple Card on select purchases plus other savings they may wish to deposit. The new product will
Continue ReadingBy Clare Duffy and Ramishah Maruf, CNN Elon Musk warned in a new interview that artificial intelligence could lead to “civilization destruction,” even as he remains deeply involved in the growth of AI through his many companies, including a rumored new venture. “AI is more dangerous than, say, mismanaged aircraft design or production maintenance or
Continue ReadingCNN By Nicole Goodkind, Nicky Robertson and Haley Talbot, CNN Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the next few weeks to raise the debt ceiling during a speech at the New York Stock Exchange. “So here is our plan: In the coming weeks, the House will vote
Continue ReadingBy Nicole Goodkind, Nicky Robertson and Haley Talbot, CNN Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the next few weeks to raise the debt ceiling during a speech at the New York Stock Exchange. “So here is our plan: In the coming weeks, the House will vote on
Continue ReadingBy Saskya Vandoorne and Oliver Briscoe, CNN Air France and Airbus have been found not guilty of involuntary homicide in a criminal trial over the 2009 crash of a flight from Rio de Janeiro to Paris that killed 228 passengers and crew. The national carrier and plane manufacturing giant had been charged over their alleged
Continue ReadingBy Samantha Kelly Shares of Google-parent Alphabet fell more than 3% in early trading Monday after a report sparked concerns that its core search engine could lose market share to AI-powered rivals, including Microsoft’s Bing. Last month, Google employees learned that Samsung was weighing making Bing the default search engine on its devices instead of
Continue ReadingBy Nathaniel Meyersohn, CNN There has been a rebound in weddings the last two years after the worst of the Covid-19 pandemic. But it hasn’t been enough for David’s Bridal, the largest bridal retailer in the United States. The company said Monday it filed for Chapter 11 bankruptcy. David’s Bridal has been hurt by a
Continue ReadingBy Allison Morrow, CNN After months of attempting to serve Shaquille O’Neal in a lawsuit against celebrities who endorsed the now-bankrupt FTX crypto platform, lawyers for a group of FTX investors said they finally succeeded on Sunday. “Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house,” the Moskowitz Law
Continue ReadingBy Eric Levenson and Marshall Cohen, CNN For all the interest in big-name witnesses and eye-opening private text messages, at the core of the defamation lawsuit filed by Dominion Voting Systems against Fox News are 20 specific broadcasts and tweets in which the voting company says Fox knowingly promoted lies, destroying its reputation. According to
Continue ReadingBy Ella Nilsen, CNN The Treasury Department has revealed which cars will be eligible for the new electric vehicle tax credits. Fewer models are eligible for the new subsidy than in previous years, but some of the most well-known EVs still qualify, according to the Monday announcement. Under the new rule, consumers can get up
Continue ReadingCNN By Eric Levenson and Marshall Cohen, CNN For all the interest in big-name witnesses and eye-opening private text messages, at the core of the defamation lawsuit filed by Dominion Voting Systems against Fox News are 20 specific broadcasts and tweets in which the voting company says Fox knowingly promoted lies, destroying its reputation. According
Continue ReadingBy Marshall Cohen, CNN Delaware Superior Court Judge Eric Davis said Monday that the delay in the Fox-Dominion defamation trial “is not unusual” and told the parties that he expects them back on Tuesday to finish jury selection and start the trial. “I made the decision to delay the start of the trial until tomorrow,”
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