Money

By Elisabeth Buchwald, CNN New York (CNN) — It’s easy to grasp why Apple, Microsoft and Google are multitrillion-dollar companies: Just think about how many people around the world interact with the companies’ products and rely on them to go about their daily lives. But these multigenerational brand names are now trailing behind Nvidia, suddenly

By Anna Cooban, CNN London (CNN) — Private schools in Britain conjure up images of rolling lawns, pristine tennis courts, and dormitory rooms, serving as gilded hothouses of privilege. Eton College, perhaps the most famous, has educated no fewer than 20 UK prime ministers. These schools may soon become even more exclusive if the opposition

By Laura He and Olesya Dmitracova, CNN Hong Kong/London (CNN) — Battered by Western sanctions, Russia’s largest privately owned bank is expanding its business in the world’s second-largest economy. Alfa Bank, controlled by sanctioned Russian oligarch Mikhail Fridman, has launched a website and support service in Chinese for businesses in the country, it said in

By Natasha Chen, CNN (CNN) — Two employees are suing the Walt Disney Company, saying the company moved their jobs from California to Florida, only for Disney to cancel the project and move them back, hurting them financially and emotionally. They’re proposing a class action, alleging there are many others in a similar situation. In 2021,

By Pete Muntean, CNN (CNN) — At least two major airlines have warned pilots that if a bird hits one of the engines on a Boeing 737 Max, the passenger cabin could become filled with smoke. Documents newly obtained by CNN detail that Boeing warned Southwest Airlines and American Airlines of the potential problem in

By Clare Duffy, CNN New York (CNN) — Airbnb has undermined users’ safety by scaling back its work to remove extremists from its platform, a former contractor alleged in a new whistleblower complaint. Jess Hernandez worked full-time as an investigations analyst for Airbnb’s dangerous organizations team from May 2022 to November 2023, researching extremist networks

By Peter Valdes-Dapena, CNN (CNN) — US and Canadian auto dealerships remained at a near-standstill on Thursday because of a second cyber incident at data provider CDK Global, whose software is used at 15,000 auto dealers – an outage that could last for days, perhaps eating into sales over the first official weekend of summer.

By David Goldman, CNN (CNN) — Wikipedia’s editors declared that the Anti-Defamation League cannot be trusted to give reliable information on the Israel-Palestine conflict, and they overwhelmingly said the ADL is an unreliable source on antisemitism. It’s a stunning rebuke to one of the world’s preeminent authorities on anti-Jewish hate and a significant advocate for

By Jordan Valinsky, CNN New York (CNN) — Families that lost loved ones in two Boeing 737 Max crashes said on Wednesday that the company committed the “deadliest corporate crime in US history” and asked the Justice Department to fine the company the maximum $24 billion it could face in a criminal trial. The families

By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. Donald Trump can’t quit Fox News. The Republican presidential candidate may lash out in strong terms at the right-wing channel for supposedly not being sufficiently

By Samantha Murphy Kelly, CNN (CNN) — Victor Miller, 42, recently filed paperwork to run for mayor of Cheyenne, Wyoming, but it wasn’t exactly for him: He listed the name of a customized AI chatbot to appear on the ballot. He argued that the chatbot, named VIC – for “virtual integrated citizen” – would use

By Hanna Ziady, CNN London (CNN) — UK inflation slowed to 2% in May, falling to the Bank of England’s target for the first time in nearly three years as food price rises eased sharply. The consumer price data published Wednesday means the United Kingdom is now ahead of most other G7 economies in bringing

By Ramishah Maruf, CNN New York (CNN) — Juneteenth, which commemorates the end of slavery in the United States, became the newest US federal holiday in 2021, though its storied history has held significance for many Black Americans for a long time. On June 19, 1865, Union Army Maj. Gen. Gordon Granger issued General Order

By Erika Tulfo, CNN (CNN) — Netflix is opening massive entertainment venues in two cities that it says will allow fans to immerse themselves in the worlds of their favorite shows. The “experiential” complexes, called Netflix Houses, will include elaborate events, themed gift shops and restaurants. In a repurposing of empty retail space, the houses

By Jeanne Sahadi, CNN New York (CNN) — Summer is just starting in North America, and already an intense “heat dome” is forecast to affect more than half the US population this week. Some areas, including Montpelier, Vermont; Syracuse, New York; and Pittsburgh, haven’t seen heat like this in about three decades. Along with stifling

By Oliver Darcy, CNN (CNN) — Jeff Bezos, the billionaire owner of The Washington Post, broke his silence Tuesday on the mounting turmoil within his newspaper, expressing support for maintaining high standards at the storied publication as questions swirl over the ethical integrity of its new publisher, Will Lewis. “I know you’ve already heard this

By David Goldman, CNN (CNN) — Robert Gibbs, a former White House press secretary during the Obama administration, will be joining Warner Bros. Discovery to lead its communications team. Gibbs, who has been leading public relations efforts in the private sector for years after leaving the White House, will take over public relations and public

By Krystal Hur, CNN New York (CNN) — Nvidia, Wall Street’s artificial intelligence poster child, is now the most valuable company in the world, taking the crown from Microsoft. Nvidia’s market capitalization closed at roughly $3.34 trillion on Tuesday, edging past Microsoft’s $3.32 trillion value. Apple is the third most valuable company in the US

By Anna Cooban, CNN London (CNN) — London’s stock market has edged ahead of its rival in Paris as fears grow over the outcome of France’s looming parliamentary elections. All stocks listed in France are now worth about $3.13 trillion in total, compared with $3.18 trillion for all shares listed in the United Kingdom, Bloomberg reported

CNN By Chris Isidore and Gregory Wallace, CNN Washington (CNN) — A current Boeing employee claims that the company tried to shield broken or out-of-specification 737 Max plane parts from regulators and lost track of them, according to a Senate subcommittee investigation made public Tuesday. Boeing tried to hide the nonconforming parts from Federal Aviation