Money

By Samantha Delouya, CNN (CNN) — MacKenzie Scott continues to sell billions of dollars in Amazon stock. In 2023, she unloaded nearly 65.3 million shares of Amazon, currently worth more than $10 billion, according to a filing. After her divorce from Amazon founder Jeff Bezos was finalized in 2019, Scott became the wealthiest woman in

By Gregory Wallace, Jeffrey Kopp and Pete Muntean, CNN (CNN) — Boeing’s 737 Max 9 model returned to service Friday afternoon when Alaska Airlines flight 1146 departed Seattle at approximately 3:51pm local time (6:51pm ET) bound for San Diego. It is the first revenue flight for this model since the Federal Aviation Administration grounded the Boeing

By Samantha Murphy Kelly, CNN (CNN) — The circulation of explicit and pornographic pictures of megastar Taylor Swift this week shined a light on artificial intelligence’s ability to create convincingly real, damaging – and fake – images. But the concept is far from new: People have weaponized this type of technology against women and girls

By Anna Cooban, CNN London (CNN) — Britain is finding out just how hard it can be to negotiate free trade deals, even with close allies and friends. Nearly eight years after Brexit campaigners persuaded a slim majority to vote to leave the European Union, on a platform that included promises of a brighter future

By Brian Fung, CNN Washington (CNN) — The National Security Agency has been buying Americans’ web browsing data from commercial data brokers without warrants, intelligence officials disclosed in documents made public by a US senator Thursday. The purchases include information about the websites Americans visit and the apps that they use, said Oregon Democratic Sen.

By Alicia Wallace, CNN New York (CNN) — The last inflation snapshot of 2023 provided some further encouraging news for Americans and the Federal Reserve: This painful period of sharp price increases may be nearing its end. Commerce Department data released Friday showed that although the Federal Reserve’s preferred price gauge didn’t budge from its

By Samantha Delouya and Jordan Valinsky, CNN (CNN) — Editor’s note: This story contains disturbing material. A former WWE staffer has accused the company’s founder, Vince McMahon, of sexual assault, trafficking and physical abuse in a lawsuit filed Thursday. The new, disturbing allegations from Janel Grant, who worked at WWE’s headquarters, come more than a

By Peter Valdes-Dapena, CNN (CNN) — Cruise, General Motors’ self-driving vehicle unit, disclosed today that it is the subject of two federal investigations regarding its actions after a severe accident involving a Cruise “robotaxi.” In just the latest setback in the auto industry’s attempt to perfect driverless cars, the company is being investigated by the

By Ramishah Maruf, CNN New York (CNN) — A government agency warned 39 funeral homes across the US that they risk hefty penalties if they fail to disclose accurate pricing information to customers, the Federal Trade Commission announced Thursday. The FTC conducted an undercover phone sweep of more than 250 funeral homes, placing calls to

By Oliver Darcy and Jon Passantino, CNN (CNN) — The news industry is enduring a brutal start to the new year, with outlets large and small across the country hemorrhaging reporting staff as legacy business models that kept much of the industry afloat for decades collapse in plain sight. The rapid contraction, coming even as the presidential election cycle heats up

By Samantha Murphy Kelly, CNN New York (CNN) — Pornographic, AI-generated images of the world’s most famous star spread across social media this week, underscoring the damaging potential posed by mainstream artificial intelligence technology: its ability to create convincingly real and damaging images. The fake images of Taylor Swift were predominantly circulating on social media

By Nicole Goodkind, CNN New York (CNN) — The S&P 500 is tracking towards its fifth consecutive record high, the Dow Jones Industrial Average crossed the 38,000 mark this week for the first time ever, the economy is growing, inflation rates are easing and the artificial intelligence revolution is booming. That’s all heralded the return

By Brian Fung, CNN (CNN) — Apple announced sweeping new changes to its handling of apps in Europe on Thursday, including plans to allow third-party app stores on iPhones and iPads for the first time in company history and significant cuts to Apple’s app store fees. The unprecedented updates, which are a response to new European regulations set to take

CNN By Anna Cooban, CNN London (CNN) — Shares in Tesla plunged as much as 11% after the market opened Thursday, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals. In an earnings presentation Wednesday, the world’s most

By Anna Cooban, CNN London (CNN) — Shares in Tesla plunged 12% Thursday, wiping $80 billion off the company’s market value hours after it warned of slowing growth in electric car sales and an existential threat from Chinese rivals. Tesla’s stock suffered its worst day in 21 months and closed at its lowest level since

By Oliver Darcy, CNN New York (CNN) — Business Insider said Thursday that it will cut 8% of its staff, becoming the latest news organization to undergo a round of painful layoffs as news companies struggle to stay afloat amid brutal industry headwinds. In a memo to staff, Barbara Peng, chief executive of Business Insider,

By Matt Egan, CNN New York (CNN) — The growing battle between Ivy League institutions and frustrated alumni is now playing out at Cornell University. A prominent alumnus and longtime donor is calling for the immediate resignations of Cornell President Martha Pollack and Provost Michael Kotlikoff, arguing the university’s diversity policies have created a “toxic”

By Jeanne Sahadi, CNN New York (CNN) — Most parents expect to pay for their children until they become adults. But many say they are still financially subsidizing their now-adult children, sometimes well into their late 20s and early 30s, according to a new report from the Pew Research Center. Never mind that today’s young