Money

By Brian Fung, CNN (CNN) — Apple’s iPad will face heightened regulation in the European Union after officials labeled its operating system Monday as a key gatekeeper technology under EU competition law. The European Commission’s formal designation of iPadOS subjects it to tough rules applied to only a handful of other digital platforms controlled by

By Brian Fung, CNN (CNN) — European Union officials are investigating Meta over concerns the company hasn’t done enough to protect upcoming EU elections or to combat foreign disinformation on its platforms, setting up the possibility of steep fines or other penalties. The new probe is focused on Meta’s handling of advertising by scammers and foreign election

By Brian Fung and Jason Carroll, CNN (CNN) — For Cindy Westman, the internet is a literal lifeline. She depends on internet access to care for her 12-year-old daughter — who has cerebral palsy and autism — by messaging doctors, accessing test results and scheduling critical medical appointments virtually. But it’s not easy to stay connected in Westman’s

By Laura He, CNN Hong Kong (CNN) — Elon Musk has made a surprise visit to China as he bids to shore up Tesla’s slumping sales and introduce the carmaker’s self-driving technology in its second biggest market in the face of ferocious competition. His second trip to the country in less than a year included

By John Towfighi, CNN (CNN) — As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Manufacturing in Mexico is attractive for companies that experienced pandemic-era supply chain snarls or want to decrease reliance on trade between the US and China amid geopolitical uncertainty. That’s called nearshoring, which is when

By Eva Rothenberg, CNN New York (CNN) — President Joe Biden praised the United Auto Workers and Daimler Truck for reaching a tentative in the eleventh hour Friday night, preventing a potential strike affecting 7,300 workers. “This agreement is a testament to the power of collective bargaining and shows that we can build a clean

By Nathaniel Meyersohn, CNN New York (CNN) — Looking for a bite at your local mall? As US malls race to reinvent themselves, they’re turning to sushi conveyor belts, craft-beer membership clubs and Korean barbecue to replace burgers and fries. Over the last few decades, malls became the town center of many American communities. But

By Nicole Goodkind, CNN New York (CNN) — As Pro-Palestinian protests continue to sweep across major US universities, a unifying message has emerged. From Princeton University in New Jersey to the University of Southern California in Los Angeles, the same chant can be heard: “Disclose! Divest! We will not stop, we will not rest!” Signs

By Peter Valdes-Dapena, CNN (CNN) — Rolls-Royce is vastly expanding its factory in Chichester, England. The BMW subsidiary is adding five new buildings with construction planned to start next year. Usually, when a carmaker expands a factory it’s for one simple reason: building more cars. But this is Rolls-Royce. Making and selling more Rolls-Royces would

WABC, CNN By Clare Duffy and Ramishah Maruf, CNN New York (CNN) — One of the core demands over the past week by the pro-Palestinian student groups at Columbia University has been for the school to withdraw investment funds from what they describe as companies profiting from Israel’s military action in Gaza. Columbia’s endowment is worth

By Clare Duffy and Ramishah Maruf, CNN New York (CNN) — One of the core demands over the past week by the pro-Palestinian student groups at Columbia University has been for the school to withdraw investment funds from what they describe as companies profiting from Israel’s military action in Gaza. Columbia’s endowment is worth $13.6 billion

By Parija Kavilanz, CNN New York (CNN) — It’s tiny, squishy, chewy. It’s shaped like a cute baby mango and GenZers have gone crazy over it. Walgreens can’t keep it in stock. For the beleaguered drugstore chain, the odd “Gummy Mango” candy is a much-needed win. It arrived last fall in about 2,500 of its

By Luciana Lopez and Samantha Delouya, CNN (CNN) — The Federal Deposit Insurance Corporation on Friday said that Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year. “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the

By Hadas Gold and Liam Reilly, CNN (CNN) — Arianna Smith is juggling a lot right now. Smith is editor-in-chief of The Lantern, Ohio State University’s student-run newspaper, which has scrambled in recent days to cover pro-Palestinian protests roiling the campus. It’s also finals week, and in the coming days the newspaper’s staff will transition to the next year’s staff. But the

CNN By Matt Egan and Ramishah Maruf, CNN New York (CNN) — College campuses across America have been shaken by unrest that has resulted in clashes with police, shut down some classrooms and captured the attention of the nation. Although much of the initial focus has been on antisemitic incidents and how university officials and

By Chris Isidore, CNN New York (CNN) — Federal safety regulators said they are investigating whether Tesla’s massive recall in December of essentially all of its vehicles on US roads was sufficient to fix the safety threat posed by its “Autopilot” feature. The recall of 2 million Tesla vehicles was ordered by the National Highway

By Brian Fung and Sean Lyngaas, CNN Washington (CNN) — The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure, particularly from AI-powered attacks. The Department of Homeland Security said Friday that the panel it’s creating will

By Oliver Darcy, CNN (CNN) — Poppy Harlow, the longtime CNN anchor who most recently co-helmed “CNN This Morning,” announced Friday that she will exit the network. “The nearly two decades since have been a gift,” Harlow wrote in an email to colleagues. “I have been inspired by you and learned so much from you

Analysis by Anna Cooban, CNN London (CNN) — Inflation may have tumbled from multi-decade highs on both sides of the Atlantic, but progress has stalled in the United States, with the Federal Reserve now expected to start cutting interest rates well after its European counterpart. Annual US inflation, as measured by the Fed’s preferred gauge,

By Alicia Wallace, CNN (CNN) — Inflation remained stubbornly high last month, but it hasn’t stopped Americans from spending. The Personal Consumption Expenditures price index — a closely watched inflation gauge favored by the Federal Reserve — accelerated to 2.7% for the year ended in March, according to data released Friday by the Commerce Department.