CNN – Business/Consumer

By Nathaniel Meyersohn, CNN New York (CNN) — PepsiCo is losing the soda wars to Coca-Cola. That’s nothing new. But after it fell into third place behind Dr Pepper, a heavyweight activist investor said Tuesday that the company needs a drastic shakeup. Elliott Management said it built a massive $4 billion stake in PepsiCo and

By John Towfighi, CNN New York (CNN) — The S&P 500 has soared nearly 30% since its low point in April and investors have cheered the index’s ascent to record highs. The market’s rally also means stocks are relatively expensive — and more vulnerable to a surprise. Stocks had a shaky start to September as

By Lisa Eadicicco, CNN (CNN) — ChatGPT’s parent company, OpenAI, says it plans to launch parental controls for its popular AI assistant “within the next month” following allegations that it and other chatbots have contributed to self-harm or suicide among teens. The controls will include the option for parents to link their account with their

By Olesya Dmitracova, CNN London (CNN) — The United States is sliding into 1930s-style autocratic politics, billionaire Ray Dalio has warned. “I think that what is happening now politically and socially is analogous to what happened around the world in the 1930-40 period,” the founder of Bridgewater Associates, one of the world’s largest hedge funds,

By Kate Trafecante, Nathaniel Meyersohn, CNN (CNN) — Kraft Heinz, the gigantic packaged foods business, is splitting into two separate publicly traded businesses, the company announced Tuesday, the latest mega food business to unwind its strategy to offer everything for everyone. The new companies haven’t yet been named. One will focus on faster-growing businesses, such

By Clare Duffy, CNN New York (CNN) — Like many of the young people in her Indigenous Anishinaabe community in the upper peninsula of Michigan, Danielle Boyer grew up speaking only a little of her people’s native language, Anishinaabemowin. “In our community, generational language loss is very rapid,” she told CNN. “A lot of our

By Auzinea Bacon, CNN (CNN) — Early 2000s nostalgia isn’t just hitting fashion trends and box office sequels. Taco Bell is tapping into fan favorites from two decades ago with its new Decades Y2K Menu. On September 9, Taco Bell will re-launch five of its “most requested” fan-favorites from the 2000s, all priced under $3:

From CNN’s Hanako Montgomery, Junko Ogura and Yumi Asada Tokyo (CNN) — Suntory Holdings chairman and CEO Takeshi Niinami has resigned following allegations he purchased supplements containing illegal substances, the company confirmed Tuesday. Niinami, 66, one of Japan’s most prominent and outspoken business leaders, said he believed the supplements he bought were legal. He has

By Hanna Park, CNN (CNN) — The Powerball jackpot jumped to a staggering $1.3 billion after there were no big winners in Monday night’s drawing – the fifth-largest prize in game history. The lucky numbers were white balls 8, 23, 25, 40, 53, and red Powerball 5, with a Power Play multiplier of 3. While

By John Liu, CNN Hong Kong (CNN) — Hong Kong is eager to embrace cryptocurrency. Crypto exchange shops now greet customers in shopping malls. Hundreds of crypto ATMs have sprung up along the city’s busy streets. And last week, Eric Trump – son of United States President Donald Trump and now a central figure in

By Auzinea Bacon, CNN (CNN) — This year’s Labor Day weekend was so sleepy for movie ticket sales that a 50-year-old shark thriller chewed up and spit out most of the competition. The re-release of Universal Pictures’ “Jaws,” the Stephen Spielberg classic from 1975, finished second at the box office ($9.9 million) behind Warner Bros.

SEARCHLIGHT PICTURES, WALT DISNEY PICTURES, COLUMBIA PICTURES, UNIVERSAL PICTURES, WARNER BROS. PICTURES, CNN By Auzinea Bacon, CNN (CNN) — This year’s Labor Day weekend was so sleepy for movie ticket sales that a 50-year-old shark thriller chewed up and spit out most of the competition. The re-release of Universal Pictures’ “Jaws,” the Stephen Spielberg classic

By Hadas Gold, CNN Los Angeles (CNN) — On an unassuming corner in West Hollywood, a massive round silver building towers over the intersection of Santa Monica Boulevard and Orange Drive. The Tesla Diner, which opened in July, is a two-story restaurant, electric vehicle charging station, Drive-in theater and merchandise shop all rolled into one.

CNN, KCAL, KCBS, X, @TESLA, @TESLA CLUB-SOCAL, @BLKMDL3, JACOB TOWE, GETTY IMAGES, @TESLAOWNERSSV, KCAL/KCBS, X/@Tesla, X/@Tesla Club-SoCal, X/@BLKMDL3, X/@teslaownersSV By Hadas Gold, CNN Los Angeles (CNN) — On an unassuming corner in West Hollywood, a massive round silver building towers over the intersection of Santa Monica Boulevard and Orange Drive. The Tesla Diner, which opened

By Ruben Correa, Chris Boyette, CNN (CNN) — Check your tickets: winning numbers have been drawn for the massive $1.1 billion Powerball jackpot. Monday night’s winning numbers were 8, 23, 25, 40, 53, and red powerball 5, with a Power Play multiplier of 3. It’s not yet clear if there is a big winner. The

By Auzinea Bacon, CNN (CNN) — As Americans wrap up their summer trips and students get in the swing of a new school year, Labor Day weekend can feel like the last hurrah after months of hot weather and relaxation. The first Monday in September celebrates the American labor movement and the millions of workers

By Gordon Ebanks, CNN (CNN) — As Americans prepare for the last holiday weekend of the summer, many are looking to cut travel costs as much as they can. Travelers are already paying less for domestic plane tickets, rental cars and hotel stays – the cost of which are all down compared to last year,

By Rhea Mogul and Esha Mitra, CNN New Delhi (CNN) — Two decades ago, Jinul Abedeen left his family and moved to India’s capital where he spent a year learning Zardozi, an ancient and intricate threadwork technique he hoped would equip him to support his family for decades to come. The gamble succeeded. He landed

By Reuters (CNN) — Retired Harvard Law professor Alan Dershowitz lost his bid on Friday to overturn a ruling that dismissed his defamation lawsuit against CNN over the news channel’s coverage of remarks he made during President Donald Trump’s 2020 impeachment trial. The 11th U.S. Circuit Court of Appeals ruled that Dershowitz presented no evidence

CNN By Devan Cole, Katelyn Polantz, Ramishah Maruf, Elisabeth Buchwald, CNN (CNN) — A federal appeals court Friday struck down many of President Donald Trump’s historic tariffs, saying he unlawfully leaned on emergency powers to impose the import taxes. The International Emergency Economic Powers Act does not authorize tariffs like the ones Trump used the