Money

By Brian Stelter, CNN New York (CNN) — Comcast is planning to spin off most of its cable television networks, including MSNBC and CNBC, into a separate publicly traded company, according to executives with knowledge of the plan. The spinoff is expected to be formally announced on Wednesday. The Wall Street Journal, which first reported

By Hadas Gold, CNN New York (CNN) — Conspiracy theorist Alex Jones has sued a court-appointed bankruptcy trustee and the families of some of the Sandy Hook victims in an attempt to stop the sale of his media empire Infowars to the satirical news outlet The Onion. In a lawsuit filed Monday in the US

By Jordan Valinsky, CNN New York (CNN) — Jaguar has unveiled a new logo that emphasizes its posh British pronunciation as it transitions into a “new era” that emphasizes its upcoming all-electric vehicle lineup. The 102-year-old luxury automaker is replacing its former logo, resplendent in all capital letters, with a new one that is supposed

By Jordan Valinsky, CNN New York (CNN) — Delta Air Lines’ newest dining option for first class passengers isn’t anything fancy. In fact, it’s the exact opposite, because it’s fast food. The airline announced a “first-of-its-kind partnership” with Shake Shack to serve the chain’s cheeseburgers in first class on long-distance domestic flights beginning December 1

By Matt Egan, CNN (CNN) — Markets shook off any concern Tuesday about rising tensions between Russia and the United States. The Dow ended the day down by 120 points, or 0.28%, after a volatile start. The blue-chip index dropped about 450 points shortly after the opening bell but swiftly rebounded. The S&P 500 and

By Brian Stelter, CNN New York (CNN) — “Morning Joe” co-hosts Joe Scarborough and Mika Brzezinski announced Monday, in dramatic fashion, that they went to Mar-a-Lago last week for a fence-mending meeting with President-elect Donald Trump. Then the pair spent the rest of the day dealing with the uncomfortable blowback. In private conversations, Scarborough argued

By Jordan Valinsky, CNN New York (CNN) — Jersey Mike’s Subs is selling a significant stake to private equity giant Blackstone, ending its nearly seven-decade run as an independently owned business that transformed into a major competitor against well-entrenched brands like Subway. Blackstone announced Tuesday that it has acquired a “majority ownership position” in Jersey

By Nathaniel Meyersohn, CNN New York (CNN) — Walmart’s business is surging. Customers making more than $100,000 a year are fueling the growth. Walmart’s US sales at stores open for at least a year grew 5.3% last quarter compared with the year prior, the company said Tuesday, and its profit grew 8.2% last quarter. Walmart

By Samantha Delouya and Julia Vargas Jones, CNN (CNN) — Duewight Garcia overstayed his tourist visa to the US in 2019 after he said run-ins with gangs and his student activism in Honduras made him feel it was unsafe to return. Since then, Garcia, who is in his mid-30s, has worked in sheet rock and

By Auzinea Bacon and John Towfighi, CNN New York (CNN) — A banana duct-taped to a wall first sold in 2019 for $120,000. It could fetch up to $1.5 million this week during a Sotheby’s auction. More than 1,600 auction lots this week are estimated to fetch more than $1 billion — including Maurizio Cattelan’s

By Liam Reilly, CNN New York (CNN) — Young American adults are increasingly getting their news from social media influencers, a majority of whom are men and lean to the right, according to a new study from the Pew Research Center. While one-fifth of US adults reported “regularly” receiving their news from online “news influencers”

CNN By Brian Stelter, CNN New York (CNN) — President-elect Donald Trump’s pick for chairman of the Federal Communications Commission, Brendan Carr, wasted no time in stating his priorities on Sunday night. Just one hour after thanking the president for the appointment, Carr wrote on X, “We must dismantle the censorship cartel and restore free

By Brian Stelter, CNN New York (CNN) — The news was so shocking that some “Morning Joe” viewers probably spit out their coffee. MSNBC co-hosts Joe Scarborough and Mika Brzezinski “went to Mar-a-Lago to meet personally” with President-elect Donald Trump, Brzezinski revealed at the beginning of Monday’s show. The Friday rendezvous was “the first time

By Brian Stelter, CNN New York (CNN) — President-elect Donald Trump’s pick for chairman of the Federal Communications Commission, Brendan Carr, wasted no time in stating his priorities on Sunday night. Just one hour after thanking the president for the appointment, Carr wrote on X, “We must dismantle the censorship cartel and restore free speech

By Nathaniel Meyersohn, CNN New York (CNN) — Tropicana customers are in revolt over an orange juice bottle redesign. Again. Tropicana recently ditched its distinct orange juice in clear, plastic circular-shaped bottles with a thinning neck and a crown-like bottle cap, known as a carafe. Over the summer, it rolled out a more traditional-looking plastic

By Chris Isidore and Olesya Dmitracova, CNN New York/London (CNN) — Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice. The airline said it will continue to operate as it restructures its debt. “Guests

By Liam Reilly, CNN New York (CNN) — Famed pollster J. Ann Selzer will end her election polling operation after her final survey for The Des Moines Register failed to accurately capture former President Donald Trump’s strong support in the 2024 election, resulting in a 16-point miss. Selzer’s announcement comes after the Register in its

By Bryan Mena, CNN Washington (CNN) — Enjou Chocolat, a small business in Morristown, New Jersey, is still feeling the pain of inflation these days — from soaring cocoa prices to increased labor expenses. As a result, the chocolate shop, which employs just under two dozen employees, recently raised the prices of many treats for

By Liam Reilly, CNN New York (CNN) — Warner Bros. Discovery will settle its lawsuit against the NBA and announce it has struck a deal with Disney to exclusively license its beloved TNT show “Inside the NBA” starting next season, a person familiar with the matter told CNN. WBD filed the lawsuit against the NBA

CNN By David Goldman, Kayla Tausche, Elisabeth Buchwald and Tami Luhby, CNN (CNN) — As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as