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Sima Sistani, who embraced Ozempic, is out as CEO of WeightWatchers

By Jordan Valinsky, CNN New York (CNN) — WeightWatchers CEO Sima Sistani, who pushed the company into embracing weight-loss drugs, is leaving the position after a two-and-a-half year stint. Under Sistani, the 61-year-old company bought a telehealth platform that connected patients with doctors who can prescribe weight-loss and diabetes drugs, including Ozempic and Wegovy, representing

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Jeep vehicles are delivered to a dealership on June 20 in Chicago.

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more

By Elisabeth Buchwald, CNN New York (CNN) — Americans and Federal Reserve officials have news to celebrate: Inflation cooled significantly last month, likely giving central bankers more confidence to continue cutting interest rates. The Fed’s favorite inflation gauge, the Personal Consumption Expenditures price index, showed consumers paid 2.2% more for goods and services for the

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Trump Media co-founder and former ‘Apprentice’ contestant dumps about $100 million worth of stock

By Matt Egan, CNN (CNN) — A major Trump Media shareholder and former contestant on “The Apprentice” has unloaded almost his entire stake in former President Donald Trump’s social media company. Although the stock price has been volatile, that stake is worth roughly $100 million at current prices. United Atlantic Ventures, managed by Trump Media

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NTSB issues ‘urgent’ safety warning for some Boeing 737s, including MAX, in latest blow to struggling planemaker

By Pete Muntean, CNN (CNN) — The National Transportation Safety Board is issuing “urgent safety recommendations” for some Boeing 737s—including the embattled 737 MAX line— warning that critical flight controls could jam. The independent investigative agency is issuing the warning that an actuator attached to the rudder on some 737 NG and 737 MAX airplanes

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Newsmax and Smartmatic settle 2020 election defamation case on eve of trial

By Marshall Cohen, CNN The pro-Trump cable outlet Newsmax and voting technology company Smartmatic settled a major defamation lawsuit Thursday in a last-minute agreement, averting a high-stakes trial over the airing of false 2020 election claims. The terms of the settlement were not immediately known. The deal comes hours after jury selection got underway in a Wilmington, Delaware, courtroom ahead of opening statements

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Wendy's is selling $1 Frosty's until the end of September.

Wendy’s takes aim at McDonald’s broken McFlurry machines with a $1 Frosty

By Jordan Valinsky, CNN New York (CNN) — McDonald’s has become notorious for its broken ice cream machines — there’s even an independent website that monitors broken McFlurry machines. So Wendy’s is taking advantage. Wendy’s is selling small-sized, $1 Frosty frozen dairy desserts until September 30 — and it’s collaborating with McBroken, which reports which

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Murdoch family holds its breath as future of media empire hangs in the balance

By Hadas Gold, CNN New York (CNN) — The fate of Rupert Murdoch’s vast media empire, including Fox News, is now in the hands of a Reno probate commissioner, who will decide whether the 93-year-old media mogul can change his succession plan to preserve the right-wing editorial bent of his influential outlets. Murdoch and his eldest children descended on a Reno courthouse to appear for evidentiary hearings in a

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Trump’s promises would spike inflation and wipe out jobs, study finds

By Matt Egan, CNN (CNN) — Former President Donald Trump has promised to attack the United States affordability crisis by imposing immense tariffs, carrying out unprecedented deportations and even influencing interest rate decisions. However, a new analysis finds that the Republican presidential nominee’s plans for tariffs, deportations and the Federal Reserve would not only fail

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