By Hadas Gold, CNN (CNN) — President Joe Biden’s White House repeatedly and aggressively shot down reports on the president’s age and any possible limitations on his ability to perform all the duties of his office. But after his shaky debate performance last week, in which Biden routinely struggled to get his point across, some in the White House
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — CDK Global said “substantially all” of the nearly 15,000 car dealerships that use its software across North America are back online to its core management system, almost two weeks since a cyber incident caused a software blackout. “We are happy to report that we are ahead of
Continue ReadingBy Hadas Gold, CNN (CNN) — President Joe Biden has scheduled his first television interview following his disastrous debate with former President Trump last week that led many within Biden’s own party to question whether he should be the Democratic nominee. ABC will air parts of George Stephanopoulos’ interview with Biden on Friday at 6:30
Continue ReadingBy Matt Egan, CNN New York (CNN) — If you’ve got money in the market, you might own a little piece of Trump Media — without even knowing it. Trump Media & Technology is now part of two broad indexes of US stocks: the Russell 1000 Index of large-cap stocks and the Russell 3000 Index.
Continue ReadingBy Jordan Valinsky and Ramishah Maruf, CNN New York (CNN) — State Farm is seeking increases of as much as 52% for some of its residential insurance rates in California, which could ramp up the financial burden for many homeowners and renters in the state’s troubled insurance market. It’s the third major change for State
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By Ramishah Maruf, CNN New York (CNN) — The Federal Trade Commission unanimously voted to block mattress maker Tempur Sealy’s purchase of Mattress Firm on Tuesday. In May 2023, Tempur Sealy – the world’s largest mattress supplier and manufacturer – agreed to buy the United States’ largest bedding retailer in a roughly $4 billion deal.
Continue ReadingBy Alicia Wallace, CNN (CNN) — The number of available jobs in the US unexpectedly grew in May, signaling continued resilience in the nation’s labor market. Job openings jumped higher to 8.14 million in May, from a downwardly revised 7.91 million in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor
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By Chris Isidore, CNN New York (CNN) — Tesla sales fell for the second straight quarter. It marks the the first time in the company’s history that sales declined from the previous year for two quarters in a row. Tesla’s sales for the quarter came in at nearly 444,000 cars, down about 5% from a
Continue ReadingBy Diksha Madhok, CNN New Delhi (CNN) — When Hindenburg Research published a report into Gautam Adani’s sprawling business empire in January 2023, accusing Asia’s then richest man of fraud going back decades, the impact was immediate and explosive: over $100 billion was wiped off the value of his companies. Eighteen months on, Adani —
Continue ReadingBy Amanda Hobor, CNN (CNN) — I went to ice cream college. Yep, it’s a thing. This past January, I spent one week at Penn State University waking up with the cows (literally), learning about emulsifiers and freezing techniques, and experimenting in a lab to see milk, cream and sugar come together to form the
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CNN By Alexandra Banner, CNN (CNN) — China now has the first samples ever collected from the far side of the moon and says it will share them with scientists around the world. But US access could be hampered by a 2011 law that prohibits space coordination between NASA and China without special authorization. Here’s
Continue ReadingBy Matt Egan, CNN New York (CNN) — The Trump Organization revealed plans Monday to develop a luxury Trump Tower in Saudi Arabia. The new tower will be built in Jeddah and developed in tandem with Dar Global, the international arm of Saudi mega-developer Dar Al Arkan. If completed, it appears the Jeddah tower would
Continue ReadingBy Marshall Cohen, CNN (CNN) — Hunter Biden has sued Fox News and its parent corporation, accusing the right-wing network of smearing him and unlawfully publishing his explicit images without his consent in a 2022 miniseries about his legal troubles. In the lawsuit, filed Sunday in New York state court, the president’s sonaccuses Fox News
Continue ReadingBy Krystal Hur, CNN New York (CNN) — Shares of online pet products retailer Chewy went on a wild ride Monday after Keith Gill, the influential meme stock trader also known as ”Roaring Kitty,” revealed a large stake in the company. On Monday, Gill said in a Securities and Exchange filing that he purchased about
Continue ReadingBy Olesya Dmitracova, CNN London (CNN) — A British startup may have found the answer to one of the frustrations of driving an electric car — waiting around for the battery to charge. Nybolt, based in Cambridge, has developed a new 35kWh lithium-ion battery that was charged from 10% to 80% in just over four
Continue ReadingBy Erika Tulfo, CNN (CNN) — Ramen isn’t the first food to come to mind when you think of sweet treats. Cup Noodles is trying to change that — with a new s’mores-flavored instant ramen. The limited-edition offering combines microwavable noodles with a sauce-based flavor blend of chocolate, marshmallow and graham crackers, plus additional mini
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — The parent company of Redbox, those distinctive, red-colored kiosks at grocery stores that sell or rent DVDs, has filed for bankruptcy after enduring months of financial struggle. Chicken Soup for the Soul Entertainment (CSSE) revealed in a filing that it has nearly $1 billion in debt and
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By Nathaniel Meyersohn, CNN New York (CNN) — Trying to get a table at a buzzy new restaurant in New York or Los Angeles? You’ll have better luck if you’re an American Express cardholder and pay the requisite hundreds of dollars in fees. American Express announced last week that it’s buying Tock, a booking app
Continue ReadingBy Olesya Dmitracova, CNN London (CNN) — Facebook parent Meta has been accused of breaking Europe’s new digital competition rules over its “pay or consent” advertising model. Late last year, Meta (META) launched a service called “Subscription for no ads,” allowing European users of Facebook and Instagram to pay up to €12.99 ($14) a month for ad-free
Continue ReadingBy Hanna Ziady, CNN London (CNN) — French stocks and the euro rallied Monday after results from the first round of elections suggested the far right will inflict a heavy defeat on President Emmanuel Macron but fall short of winning an outright majority in parliament. France’s CAC 40 index, which represents 40 of the biggest
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