Money

Visa and fintech startup Plaid have terminated their $5.3 billion merger agreement after facing a legal challenge from the Department of Justice. The proposed deal was announced a year ago, but in November the DOJ sued to block the acquisition on antitrust grounds. In a statement announcing merger’s end Tuesday, Visa CEO Al Kelly cited

The fight over the future of gig economy work in California isn’t over. A labor union and a group of gig workers filed a lawsuit on Tuesday challenging Proposition 22, or Prop 22, the controversial California ballot measure passed by voters in November that exempts firms like Uber and Lyft from having to classify their

Etsy removed a “Camp Auschwitz” t-shirt from its website after a rioter was spotted wearing a shirt with the same message during the US Capitol siege. The e-commerce company removed the item immediately upon learning that the shirt was for sale and banned the shop that listed it, a spokesperson for Etsy told CNN Business.

Sheldon Adelson, the chairman and CEO of Las Vegas Sands and a major donor to Republican politicians, died late Monday following complications related to his cancer treatment, his company said. He was 87. Adelson took a leave of absence from Sands last week to resume treatment for non-Hodgkin’s lymphoma, which his aides first disclosed in

PayPal is cutting ties with Christian crowdfunding site GiveSendGo following the January 6 US Capitol siege. The site, which the far-right extremist Proud Boys group has used for fundraising, calls itself the “#1 free Christian fundraising site,” and it was used to raise funds for pro-Trump rioters who attended last week’s violent siege. “The account

The New York Times is facing fresh blowback for how it handled the fallout over falsehoods unearthed in “Caliphate,” the paper’s award-winning, 12-part podcast about the Islamic State. A group of 24 public radio stations sent a letter on Monday to The Times audio department with concerns about “lapses in judgment” in its response last

General Motors is starting a new vehicle brand to sell electric delivery vans in the United States and Canada beginning in 2021. Called BrightDrop, the new brand has been working with FedEx to test the new delivery system, and FedEx Express will be its first customer. In addition to the vans, BrightDrop will also offer

A nearly human-sized robot grabs a dish out of a crowded sink with its gripper arms and neatly adds it to the dishwasher. It then sets the table, placing a flower into a vase, and pours a glass of red wine. The robot, Samsung’s Bot Handy, is the company’s vision for “a better new normal,”

CNN correspondent Sara Sidner has been covering Covid-19 grief firsthand, and on Tuesday, she shared the pain that comes with reporting on the deadly virus. More than 375,000 people in the United States have died from Covid-19, and Sidner, who has reported from 10 different hospitals during the pandemic, emphasized that the virus is hitting

Deutsche Bank will no longer do business with President Donald Trump, a move that will cut off his business from a major source of loans that once helped fund his golf courses and hotels. Germany’s biggest bank has decided to refrain from future business with the president and his company, a person familiar with the

Boeing ended its worst year in more than 40 years with its best month of 2020. The company reported that it delivered 39 jets to customers in December — and deliveries are important because that’s when Boeing gets most of the money owed for a plane. But doesn’t change the full year or near-term outlook

There’s more to the market than the FAANG stocks of Big Tech. It could finally be time for dividend-paying value stocks like the so-called dogs of the Dow to shine. The dogs of the Dow refers to a list of high-yielding stocks in the blue-chip average. The theory is that if investors buy these stocks,

A growing number of businesses suddenly want very little to do with Donald Trump after he incited a mob to attack the Capitol. That could make it more difficult for the Trump Organization to do business after he leaves office. “I think it’s a huge problem for him,” said Michael D’Antonio, a CNN Contributor and

A computer chip shortage has shut down the Louisville, Kentucky, Ford plant this week, the latest shutdown because of an industry-wide problem that is expected to spread to many other auto plants in the coming months. The Louisville plant employs 3,800 hourly workers, who will receive about 75% of their normal pay during the one-week

The head-up display, which projects information onto the windshield for drivers, has been available in some cars since 1988. But while over the past decade they’ve gone from relatively simple information displays like speed and music selections, Panasonic wants to take things to another level by precisely linking up symbols and text with real-world objects

GoFundMe will no longer allow people to fundraise for travel expenses used for potentially violent political events after pro-Trump protesters used the platform to rake in cash ahead of storming the US Capitol. “Due to the violence, GoFundMe has removed numerous fundraisers intended to raise money for travel expenses,” a spokesperson for the company told