CNN – Business/Consumer

By Jordan Valinsky, CNN New York (CNN) — Eastman Kodak, the 133-year-old photography company, is warning investors thats it might not survive much longer. In its earnings report Monday, the company warned that it doesn’t have “committed financing or available liquidity” to pay its roughly $500 million in upcoming debt obligations. “These conditions raise substantial

Story by Reuters (CNN) — Norway’s $2 trillion sovereign wealth fund, the world’s largest, said on Tuesday it expects to divest from more Israeli companies as part of its ongoing review of investments in the country over the situation in Gaza and the West Bank. The fund announced on Monday it was terminating contracts with

By Clare Duffy, Emily Williams, CNN Fort Collins, Colorado (CNN) — In his nine years at the Fort Collins, Colorado, police department, Officer Scott Brittingham says he has taken a lot of pride in the process of writing reports after each call for service. But when the department decided to test a tool to speed

By John Liu, CNN (CNN) — Elon Musk said his artificial intelligence start up xAI will sue Apple for allegedly favoring AI competitors in its App Store in what he called a breach of antitrust regulations. In a series of posts on X on Monday, a social media platform he owns, he accused Apple of

CNN, POOL By Elisabeth Buchwald, Phil Mattingly, CNN (CNN) — The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, according to an executive order signed by President Donald Trump on Monday. Without the agreement, tariffs were set to immediately surge, risking a return to ultra-high

By Samantha Delouya, Samantha Waldenberg, CNN (CNN) — President Donald Trump on Monday nominated E.J. Antoni to be the new commissioner for the Bureau of Labor Statistics, the agency that collects and publishes data about jobs and inflation, after firing the previous commissioner, whom he accused without evidence of rigging jobs data. “I am pleased

By Alicia Wallace, CNN (CNN) — The next batch of inflation data from the Bureau of Labor Statistics was already shaping up to be a high-profile affair due to the expected impact of President Donald Trump’s hefty tariffs. But after Trump fired the agency’s top statistician, Tuesday’s report now comes with some other, unexpected baggage.

By Elisabeth Buchwald, Phil Mattingly, CNN (CNN) — The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, according to an executive order signed by President Donald Trump on Monday. Without the agreement, tariffs were set to immediately surge, risking a return to ultra-high levels that

By Clare Duffy, Phil Mattingly, Lisa Eadicicco, CNN New York (CNN) — Nvidia, the world’s most valuable company, has found itself caught in the middle of President Donald Trump’s historic trade war with China. The result: an extraordinary concession from a $4.5 trillion corporation that will give the United States a percentage of every high-end

By Chris Isidore, CNN (CNN) — Ford plans to invest billions in new electric vehicle production, calling it the company’s “next Model T moment.” Ford said Monday it will invest $5 billion into a new assembly line and battery production to build EVs, including for a new, unnamed model that Ford says will be the

From Reuters (CNN) — Four reactors at France’s Gravelines nuclear power plant were shut down late Sunday due to a swarm of jellyfish in the cooling systems, operator EDF said on Monday, likely due to rising water temperatures because of global warming. The plant in northern France is one of the largest in the country

By Lianne Kolirin, CNN (CNN) — Elon Musk’s Tesla has applied to the British energy regulator for a license to supply electricity to households in the United Kingdom. If approved, it would enable Tesla to compete with a host of big energy firms that currently supply the vital utility to properties across England, Wales and

By Jordan Valinsky, CNN New York (CNN) — AOL, an internet pioneer that brought millions of Americans online for the first time, is discontinuing its dial-up service next month. The company that brought the internet to the masses in the 1990s and early 2000s recently posted a notice on its website saying that it “routinely

By John Towfighi, CNN New York (CNN) — Wall Street traders embraced the term TACO — Trump always chickens out — earlier this year to describe President Donald Trump’s on-again, off-again position on tariffs. Trump liked to impose hefty import taxes but would inevitably back off when markets plunged, analysts said. Now Trump is calling

By Tami Luhby, CNN (CNN) — President Donald Trump recently made his boldest claim yet in his longstanding promise to lower drug prices. “You know, we’ve cut drug prices by 1,200, 1,300 and 1,400, 1,500%,” he told reporters on Sunday, noting the reductions will start over the next two to three months. “I don’t mean

By Auzinea Bacon, CNN (CNN) — American moviegoers are sending a loud and clear message to Hollywood: make quality, original horror movies and we will come. This weekend, Zach Cregger’s “Weapons” topped the box office, grossing $42.5 million domestically. It’s the second time this year that an original horror was No. 1 at the box

PARAMOUNT PICTURES, UNIVERSAL PICTURES, MARVEL STUDIOS, WALT DISNEY PICTURES, WARNER BROS. PICTURES, CNN By Auzinea Bacon, CNN (CNN) — American moviegoers are sending a loud and clear message to Hollywood: make quality, original horror movies and we will come. This weekend, Zach Cregger’s “Weapons” topped the box office, grossing $42.5 million domestically. It’s the second

By Auzinea Bacon, CNN (CNN) — Many of Hollywood’s summer hits have shared one common formula, no matter what the genre: They are either remakes, sequels or part of a franchise. The strategy has mostly worked, as the domestic box office has effectively rebounded from a slow first quarter, grossing $3.26 billion since the first

By Bryan Mena, Sarah Dewberry, CNN (CNN) — Ike’s Chili in Tulsa, Oklahoma, has been around for 117 years, surviving a myriad of challenges like the Great Depression, the Covid-19 pandemic and a once-in-a-generation burst of inflation. But 2025 already holds an even more complicated challenge. “The cost of everything’s just going up, and we’ve

By Bryan Mena, CNN Washington (CNN) — President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next choice will be far more consequential. Plans for picking the next Fed chair are already taking shape. Trump on Thursday nominated White House economist Stephen Miran to temporarily fill