Money

By Nicole Goodkind, CNN New York (CNN) — It’s a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that’s been exacerbated by the Federal Reserve’s continued

By Michelle Toh, CNN Hong Kong (CNN) — People in Asia aren’t guzzling as much beer as they used to. Dutch brewer Heineken (HEINY) announced disappointing earnings and cut its financial outlook Monday, posting a 9% drop in net profit in the first half due to a downturn in what is normally its most profitable

By Anna Cooban, CNN London (CNN) — The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year. Gross domestic product across the 20 countries that share the euro currency rose by 0.3% in the second quarter, compared with the previous three months, according to an

By Laura He and Wayne Chang, CNN Hong Kong (CNN) — China unveiled a series of measures to boost domestic consumption Monday after more gloomy data about the health of the economy. But it stopped short of announcing a major package of new spending or tax cuts. The official Purchasing Managers’ Index (PMI), which measures

By Jamiel Lynch, CNN San Francisco (CNN) — In a complaint, the city of San Francisco says they have visited the headquarters of the company formerly known as Twitter twice since Friday regarding the new flashing “X” sign on top of the building. According to the complaint, a notice of violation (NOV) was issued for

By Eva Rothenberg, CNN (CNN) — It’s a tale of two movies and a box office triumph: “Barbie” and “Oppenheimer” maintained incredible momentum into their second weekends. “Barbie” wore several hats this weekend, with domestic “Barbie” impressing with $93 million in gross revenue and international “Barbie” bringing in around $122 million, making it the No.

PARAMOUNT PICTURES, ANGEL STUDIOS, WALT DISNEY PICTURES, UNIVERSAL PICTURES, WARNER BROS. PICTURES, CNN By Eva Rothenberg, CNN (CNN) — It’s a tale of two movies and a box office triumph: “Barbie” and “Oppenheimer” maintained incredible momentum into their second weekends. “Barbie” wore several hats this weekend, with domestic “Barbie” impressing with $93 million in gross

By Eva Rothenberg, CNN (CNN) — X, formerly known as Twitter, has reinstated Kanye West’s account on the social media platform. West will not be able to monetize his account, and no ads will appear next to his posts, the company told the Wall Street Journal on Saturday. The musician’s account was suspended in December

By Nicole Goodkind, CNN New York (CNN) — A 14-year-old boy who cleaned meat cutting machines was “falling asleep in class and missing class as a result and suffering injuries from chemical burns” in Nebraska from 2021 to 2022, according to the Labor Department. Another 13-year-old suffered severe burns from cleaning agents. Packers Sanitation Services

By Rebekah Riess and Zoe Sottile, CNN (CNN) — The Uber test driver behind the wheel of one of the company’s self-driving cars, when it hit and killed a pedestrian in 2018, pleaded guilty to endangerment and was sentenced to three years of supervised probation Friday, according to officials. Rafaela Vasquez was watching television on

By Eva Rothenberg, CNN (CNN) — Trader Joe’s has issued two more recalls this week, one for a prepared soup and another for its falafel. The retailer said in a statement on Thursday that its Unexpected Broccoli Cheddar Soup – with use-by dates of 07/18/23 through 09/15/23 – may contain insects. On Friday, Trader Joe’s

Ellie Stevens (CNN) — Trader Joe’s announced a recall of two types of cookies, stating that they may contain a foreign material, rocks, in a statement on Friday. According to the statement, Almond Windmill Cookies with sell-by dates of 10/02/23 and 10/19/23 through 10/21/23 or Dark Chocolate Chunk Cookies with sell by dates of 10/17/23

By Ellie Stevens, CNN (CNN) — This week, temperatures soared past 100 degrees in many parts of the country. But if you work in an office, chances are the temperatures indoors felt the exact opposite. The short-sleeved shirt you were sweating in on the commute could have you searching for blankets and googling ‘space heaters

By Eva Rothenberg, CNN (CNN) — If you love sandwiches and aren’t all that keen on your name, Subway has an offer for you. This week, the fast food chain announced that one lucky customer who legally changes their first name to “Subway” will be rewarded with free “Deli Hero” subs for life. The contest

By Danielle Wiener-Bronner, CNN New York (CNN) — During its first few days in theaters, “Barbie” raked in $337 million globally in the box office, the largest opening weekend of 2023 so far. But even before the numbers came in, “Barbie” was a merchandising hit. The film had been generating hype for months, thanks to

By Ramishah Maruf, CNN New York (CNN) — Heartland Tri-State Bank of Elkhart, Kansas, failed on Friday, with the Federal Deposit Insurance Corporation taking control. The FDIC agreed to assume all the deposits of Heartland Tri-State Bank to protect customers, entering a purchase and assumption agreement with Dream First Bank of Syracuse, Kansas. That means