Money

By Jordan Valinsky, CNN New York (CNN) — Lululemon’s former CEO Chip Wilson is once again slamming the struggling company he founded, and he’s launching a campaign to shake up its board. Wilson, Lululemon’s controversial founder and second largest shareholder, announced Monday that he nominated three new directors, including former executives from ESPN and Activision,

By Nathaniel Meyersohn, CNN New York (CNN) — Starbucks spent years trying to become an inescapable storefront on the streets of New York, Los Angeles and other big cities in America. Now that’s coming to an end. Its expansion once seemed limitless. It was even a joke. In 1998, an Onion headline read “New Starbucks

By Auzinea Bacon, CNN (CNN) — Moviegoers flocked to theaters for Disney’s “Avatar: Fire and Ash” on the last weekend of the year, solidifying the sci-fi adventure film’s place as one of the biggest blockbusters of 2025. The third installment of director James Cameron’s “Avatar” films raked in another $64 million domestically Friday through Sunday,

COLUMBIA PICTURES, LIONSGATE, A24, WALT DISNEY PICTURES, 20TH CENTURY STUDIOS, CNN By Auzinea Bacon, CNN (CNN) — Moviegoers flocked to theaters for Disney’s “Avatar: Fire and Ash” on the last weekend of the year, solidifying the sci-fi adventure film’s place as one of the biggest blockbusters of 2025. The third installment of director James Cameron’s

By Elisabeth Buchwald, CNN New York (CNN) — For more than three decades, lifelong New Yorkers and tourists visiting the Big Apple have shared the experience of a MetroCard swipe gone wrong. Swiping the transit card too fast or too slow, with the stripe facing the wrong side, or having insufficient fare all led to

By Ramishah Maruf, CNN New York (CNN) — Warren Buffett became the the world’s most famous investor because of his sage investment wisdom at the helm of Berkshire Hathaway. That wasn’t his only job: He’s also the company’s best pitchman. Take the company’s annual meeting – the place to be if you want financial advice

By David Goldman, CNN (CNN) — A soaking wet George Bailey and Clarence, warming up by the fire in the toll house on the bridge, discuss why Clarence jumped into the freezing water. It was to help George, Clarence tells him. “Only one way you can help me,” George says sarcastically. “You don’t happen to

CNN By Toni Odejimi, Rafael Romo, CNN (CNN) — A lucky Powerball ticket holder in Arkansas has won an estimated $1.8 billion jackpot, the second largest in US lottery history, after matching all six numbers in Monday’s drawing. The winning ticket, sold at a Murphy USA gas station in Cabot, Arkansas, matched 4, 25, 31,

By Samantha Delouya, CNN (CNN) — Next year may mark a turning point for the US housing market. After several years in a deep freeze, with high borrowing costs and soaring prices locking many Americans out of homeownership, economists say conditions may begin to shift in 2026. But next year, many economists are optimistic about

By Toni Odejimi, Rafael Romo, CNN (CNN) — A lucky Powerball ticket holder in Arkansas has won an estimated $1.8 billion jackpot, the second largest in US lottery history, after matching all six numbers in Monday’s drawing. The winning ticket, sold at a Murphy USA gas station in Cabot, Arkansas, matched 4, 25, 31, 52,

By John Towfighi, CNN New York (CNN) — Gold is having its best year since 1979. Gold futures traded in New York have soared almost 71% this year, on pace for their best annual gain in 46 years. The last time gold had such a strong year, Jimmy Carter was president, a crisis was unfolding

By Chris Isidore, CNN (CNN) — For years, a huge Amazon contract has been one of the few bright spots in the US Postal Service’s finances. But now the USPS plans to offer those last-mile services to additional customers to stem billions in ongoing losses – a move that risks losing its biggest customer. The

By John Liu, CNN Hong Kong (CNN) — One of China’s most popular short-video and streaming platforms was flooded with porn and violent content earlier this week, sparking outrage and bafflement in a nation where the internet is tightly controlled. Kuaishou, a major rival of TikTok’s Chinese version Douyin, suffered a cyberattack around 10 p.m.

By John Liu, CNN (CNN) — Chinese-made drones have dominated the skies in the United States for years, with private owners, police departments, and firefighters deploying them nationwide. But a new rule by the Federal Communications Commission on Tuesday will make it impossible for US consumers to buy the next generation of these drones. The

By Brian Stelter, CNN (CNN) — CBS News editor in chief Bari Weiss decided to shelve a planned “60 Minutes” story titled “Inside CECOT,” creating an uproar inside CBS, but the report has reached a worldwide audience anyway. On Monday, some Canadian viewers noticed that the pre-planned “60 Minutes” episode was published on a streaming

By Brian Stelter, CNN (CNN) — Earlier this month, after President Donald Trump blasted “60 Minutes” for interviewing Marjorie Taylor Greene, correspondents noticed a change behind the scenes. “Bari Weiss got personally involved,” specifically with stories about politics, a source at the program told CNN. It was her prerogative as the new editor-in-chief of CBS

By David Goldman, CNN (CNN) — Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family

CNN By Samantha Delouya, CNN Los Angeles (CNN) — Often strung from utility poles or buried beneath our feet, copper wire has played a critical role in powering America’s electrical grid for more than a century. But brazen thefts are threatening the grid, with thieves climbing onto car roofs to cut down telephone lines or

By Samantha Delouya, CNN Los Angeles (CNN) — Often strung from utility poles or buried beneath our feet, copper wire has played a critical role in powering America’s electrical grid for more than a century. But brazen thefts are threatening the grid, with thieves climbing onto car roofs to cut down telephone lines or prying