Money

By Elisabeth Buchwald, CNN New York (CNN) — Add Citigroup CEO Jane Fraser to the growing list of bank CEOs who are warning about tough times ahead. While Fraser doesn’t “see a drastic downturn on the horizon,” the head of the third-largest bank in the United States does see a recession coming, she said in

By Hanna Ziady, CNN London (CNN) — Tui, one of the world’s largest tour operators, is weighing whether to leave the London Stock Exchange in what would be another blow to the city’s standing as a global financial center. The German company, which is dual-listed in London and Frankfurt, said in a statement Wednesday that

By Ramishah Maruf and Elizabeth Wagmeister, CNN New York (CNN) — Members of SAG-AFTRA, the Hollywood actors union, have ratified a new contract with the Alliance of Motion Picture and Television Producers, which represents major studios and streamers, the union said on Tuesday. SAG-AFTRA members voted to ratify the contract with about 78% in favor.

By Danielle Wiener-Bronner, CNN New York (CNN) — Panera is being sued again after another customer is said to have died after consuming the chain’s caffeinated lemonade. Dennis Brown was a 46-year-old man with a chromosomal deficiency disorder, ADHD and high blood pressure who avoided energy drinks, according to a wrongful death complaint filed this

By Sergio Padilla, CNN New York (CNN) — Wikipedia’s top 25 most viewed pages in 2023, released Tuesday, reflect the world’s interest in innovation in artificial intelligence, people who died this year and the growing power of Indian users to influence trends on the website. Run by the nonprofit Wikimedia Foundation, Wikipedia has received more

By Jordan Valinsky, CNN New York (CNN) — Tucker Carlson’s top producer, who left Fox News along with the far-right host to work on his X show, is accused of sexually assaulting a former colleague in an alleged incident that occurred more than a decade ago. Andrew Delancey, a former Fox News employee, filed a lawsuit against Justin Wells, the former executive producer of “Tucker Carlson

CNN By Nathaniel Meyersohn, CNN New York (CNN) — Big investors, celebrity chefs and chains rushed to open ghost kitchens during the pandemic, and they were expected to make up more than 20% of the restaurant industry by 2025. But ghost kitchens are now crashing. Last week, Kitchen United, which raised $175 million in funding

By Sean Lyngaas, CNN (CNN) — A hacker or hackers have accessed nearly seven million profiles of 23andMe customers, a spokesperson for the genetic testing firm told CNN on Tuesday, including in some cases users’ ancestry reports, zip codes and birth years. A Friday filing from 23andMe to the Securities and Exchange Commission said that about 0.1%

By Nathaniel Meyersohn, CNN New York (CNN) — Big investors, celebrity chefs and chains rushed to open ghost kitchens during the pandemic, and they were expected to make up more than 20% of the restaurant industry by 2025. But ghost kitchens are now crashing. Last week, Kitchen United, which raised $175 million in funding and

By Matt Egan, CNN (CNN) — Israel’s top securities regulator said in an updated statement on Tuesday that it has not detected suspicious trading activity on the Israeli stock exchange in the days leading up to the October 7 Hamas attack. The statement from the Israel Securities Authority (ISA) raises questions about some of the

By Anna Cooban, CNN London (CNN) — Danish dockworkers and drivers are threatening to stop transporting Teslas to neighboring Sweden if the carmaker does not reach a deal with striking Swedish workers within two weeks. Denmark’s 3F labor union said the planned “sympathy strike” is aimed at putting extra pressure on a Tesla (TSLA) subsidiary

By Alicia Wallace, CNN Minneapolis (CNN) — In October, the ‘Now Hiring’ signs weren’t as plentiful as they have been in recent years, and more workers chose to stay put. There were an estimated 8.7 million available jobs in the month, according to data released Tuesday by the Bureau of Labor Statistics. There are an

By Tami Luhby and Nathaniel Meyersohn, CNN New York (CNN) — CVS is revamping the way it reimburses its pharmacies for prescription medications, a move that could make prescription drug pricing simpler and change how much consumers pay for their medicines. The company said in an announcement Tuesday that its new pharmacy reimbursement model will

By Oliver Darcy, CNN (CNN) — Jeffrey Goldberg, the editor-in-chief of The Atlantic, refuses to go gently into that good night. “We can’t participate in the normalization of Donald Trump,” an impassioned Goldberg told me by phone on Monday. “I refuse to participate in the normalization of Donald Trump.” Goldberg is one of the few

By Laura He and Diksha Madhok, CNN Hong Kong/New Delhi (CNN) — Moody’s downgraded its outlook on China’s credit rating to negative from stable on Tuesday, citing risks related to “structurally and persistently lower medium-term economic growth” and ongoing troubles in its property sector. The lowering of its outlook does not automatically mean the ratings

By Laura He, CNN Hong Kong (CNN) — Wanxiang Trust, an investment and asset management company in China, has reportedly missed payments on several investment products to investors, adding to fresh worries about the stability of the country’s shadow banking sector. The Hangzhou-based firm has delayed payments on a number of maturing products worth several

By Paul Glader, CNN Victoria, Seychelles (CNN) — Kyle de Bouter holds up a pair of Patagonia board shorts made of recycled fishing nets, smiling as workers nearby slice old nylon nets to stack into seven-foot square, one-ton bales. “This is 100% what it’s all about,” he says, illustrating the future product possibilities. De Bouter’s

By Simone McCarthy, CNN Hong Kong (CNN) — Press freedom groups are voicing concern for veteran Hong Kong journalist Minnie Chan following a news report that she went missing after traveling to Beijing to cover a security forum in late October. Reporters Without Borders (RSF) said Monday it was “greatly concerned” by news of Chan’s

CNN By Donie O’Sullivan and Clare Duffy, CNN (CNN) — A nationally recognized online disinformation researcher has accused Harvard University of shutting down the project she led to protect its relationship with mega-donor and Facebook founder Mark Zuckerberg. The allegations, made by Dr. Joan Donovan, raise questions about the influence the tech giant might have over seemingly independent research. Facebook’s