CNN – Business/Consumer

By Jennifer Korn, CNN (CNN) — Duolingo laid off around 10% of its contract workers, the company told CNN Tuesday, as the educational technology app moves to rely more heavily on artificial intelligence. While not all layoffs were due to the technology, the language learning company let go of some contractors at the end of

By Peter Valdes-Dapena, CNN (CNN) — VinFast, a Vietnamese electric vehicles maker that only recently entered the United States market, revealed plans Tuesday to go after America’s popular pickup market. At the Consumer Electronics Show in Las Vegas, Vinfast unveiled the VF Wild, a mid-sized electric pickup. Although the VF Wild is officially a concept

By Ramishah Maruf, CNN New York (CNN) — Despite a banner season for National Football League ratings and the upcoming playoffs and Super Bowl, the league is conducting voluntary buyouts to at least 200 employees who received offers Monday, a league source confirmed. Sports Business Journal first reported the buyouts, and a league source confirmed

By Matt Stiles and Renée Rigdon, CNN (CNN) — Two major US airlines are scrambling to deal with cancellations and newly mandated inspections after the Federal Aviation Administration grounded 171 planes in the wake of Friday’s mid-flight blowout aboard an Alaska Airlines flight. That’s when a Boeing 737 Max 9 lost a chunk of its

By Brian Fung, CNN (CNN) — US lawmakers are mobilizing to prevent abrupt price hikes on millions of Americans’ internet bills, announcing new legislation to rescue a popular government program that’s set to run out of funding this spring. The previously unreported bipartisan legislation expected Wednesday in both the House and Senate would allocate $7

By Matt Egan, CNN New York (CNN) — Lawmakers investigating Harvard University’s response to antisemitism are demanding the Ivy League school turn over a treasure trove of documents in two weeks. In a letter on Tuesday to Harvard leaders, the House Committee on Education and the Workforce for the first time detailed the mountain of

By Jennifer Korn, CNN (CNN) — Substack has removed several publications for inciting violence, the newsletter publisher said in a statement shared with CNN Tuesday, as writers from across the platform threatened to quit over the presence of pro-Nazi content. After Casey Newton, founder of Substack tech news publication Platformer, flagged a list of publications

By Clare Duffy, CNN New York (CNN) — Meta announced Tuesday that it is expanding its youth safety efforts by rolling out new settings for teen Facebook and Instagram users, including content restrictions and hiding search results for terms related to self-harm and suicide. The parent company of Facebook and Instagram said the new policies

By Chris Isidore, CNN New York (CNN) — While Boeing is starting 2024 with yet another crisis about its safety and reliability, it reported record orders for the end of 2023 Tuesday. The American plane maker capped its best year since the 737 Max grounding in 2019 following two fatal crashes, reporting record new plane orders in December and one

By Jordan Valinsky, CNN New York (CNN) — Artificial intelligence is going to be on the tip of everyone’s tongue at this week’s Consumer Electronics Show. But there’s one company that doesn’t want it anywhere near its brand. Tropicana, the top-selling orange juice maker, is releasing limited-edition bottles that removes the letters “A” and “I”

By Brian Fung, CNN Washington (CNN) — The European Union is looking into Microsoft’s partnership with OpenAI and whether it may warrant a formal merger investigation, EU officials said Tuesday. The announcement highlights growing scrutiny of OpenAI, one of the most influential companies in the artificial intelligence industry, after a high-profile leadership crisis last year resulted in

CNN By Catherine Thorbecke, CNN New York (CNN) — Executives at Boeing are hosting an all-hands safety meeting with staffers on Tuesday, just days after a harrowing inflight blowout on a 737 Max 9 jet shortly after takeoff that led to a grounding of certain Boeing aircraft. The company-wide “Safety Webcast” will be hosted by

By Matt Egan, CNN New York (CNN) — The American oil industry is on high alert for an escalation of the violence in the Middle East that disrupts the flow of oil out of the region. Mike Sommers, CEO of the American Petroleum Institute, worries there is a growing chance the crisis will intensify and

By Catherine Thorbecke, CNN New York (CNN) — Boeing CEO David Calhoun acknowledged the company’s “mistake” in the wake of the Alaska Airlines incident at a staff-wide “safety meeting” Tuesday. “We’re going to approach this number one acknowledging our mistake,” Calhoun told staff, according to a video of the meeting provided to CNN by Boeing.

By Diksha Madhok, CNN New Delhi (CNN) — Starbucks plans to operate 1,000 stores in India by 2028, opening the equivalent of one new location every three days for the next four years, as demand for coffee burgeons in the world’s fastest-growing major economy. To achieve its target, the company will focus on opening coffee

By Juliana Liu and Wayne Chang, CNN Hong Kong/Taipei (CNN) — Chinese leader Xi Jinping has vowed to go after “flies and ants” as part of an intensifying anti-corruption campaign that will target industries such as finance, energy and infrastructure. China will tackle “hidden risks” and increase the punishment for people who offer bribes, Xi was quoted

By Oliver Darcy, CNN (CNN) — News organizations seldomly see their reporting publicly called into question by their parent companies. But that rare and embarrassing scrutiny is precisely what German publishing powerhouse Axel Springer has treated its financial-focused US outlet, Business Insider, to. The dust up comes as Business Insider takes fire from billionaire Bill Ackman for publishing a pair of stories

By Ramishah Maruf, CNN New York (CNN) — JetBlue CEO Robin Hayes is stepping down from his role and will be replaced by the airline’s president and COO in February, according to an announcement Monday. On February 12, Joanna Geraghty will take over as CEO and will join the company’s board. She’s worked at JetBlue

By Brian Fung, CNN Washington (CNN) — Millions of Americans risk losing internet access or may face higher internet prices by as early as April if Congress does not quickly approve more funding for a popular federal aid program, the Federal Communications Commission warned on Monday. In a letter to US lawmakers obtained by CNN,

By Anna Bahney, CNN Washington, DC (CNN) — More office space is currently sitting empty in the United States than at any point since 1979, said Moody’s Analytics, which began tracking office leasing vacancies that year. The surplus of office space is mainly due to the massive shift in how employees show up for their