Money

By David Goldman, CNN New York (CNN) — Tesla has settled a high-profile case that was set to put the electric car company and its controversial automated-driving system on trial starting Monday. Terms of the settlement were not disclosed. Jury selection was set to begin Monday in a wrongful death suit filed by the family

By Sam Fossum and Anna Cooban, CNN Washington, DC/London (CNN) — The US government plans to give $6.6 billion to the world’s biggest manufacturer of semiconductor chips to help it build three factories in Arizona as part of President Joe Biden’s efforts to secure the supply of advanced chips. The White House announced Monday that

By Hanna Ziady and Duarte Mendonca, CNN London (CNN) — Brazil’s attorney general has called for social media platforms in the country to be regulated after Elon Musk threatened to disobey a court order banning certain accounts on X and lashed out against “aggressive censorship.” In a post on X Sunday, Attorney General Jorge Messias

By Nicole Goodkind, CNN New York (CNN) — Jamie Dimon believes artificial intelligence will have a huge impact on global business this year. Dimon, one of the world’s most influential business leaders, said in his annual shareholder letter Monday that while he doesn’t yet know the full effect AI will have on business, the economy

By Nectar Gan, CNN Hong Kong (CNN) — US Treasury Secretary Janet Yellen is wrapping up her second trip to China, where she raised American concerns about Chinese overproduction, warned against support for Russia and, unexpectedly, caused a stir on Chinese social media over her travel style and chopstick-wielding skills. Over the span of four

By Matt Egan, CNN New York (CNN) — The US jobs market is on fire. Consumer spending is strong. And the economy is growing at a brisk pace. But there is a growing threat to that sunny economic backdrop: surging oil prices. US oil prices are rapidly approaching $90 a barrel. Global oil prices are

By Diksha Madhok, CNN (CNN) — Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank in yet another instance of creditors taking legal action to reclaim money from troubled developers in the world’s second-largest economy. A “winding-up petition” was filed against the company by China

CNN By Alexandra Banner, CNN (CNN) — Huge swaths of North America today will suddenly darken and the clouds will eerily vanish — a cue for sky-watchers that the total solar eclipse is about to begin. The celestial event itself will have no effect on wireless networks but phone providers are preparing for potential disruptions

By Pete Muntean and Philip Wang, CNN New York (CNN) — A Houston-bound Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport on Sunday after an engine cover fell off and struck the wing flap, according to the Federal Aviation Administration. The agency said it will investigate. In recorded air traffic

By Nicole Goodkind, CNN New York (CNN) — Nathan Frederiksen is doing pretty well for himself. He turns 40 this year and is on track to retire by 60. It takes some sacrifice — he drives the “unsexiest car ever,” takes a DIY approach to home repairs and doesn’t eat out much — but he’s

By Peter Valdes-Dapena, CNN (CNN) — Last quarter, Tesla posted its first annual sales decline since the pandemic — a drop that was significantly worse than expected. The company blamed a weak Chinese economy, arson at its German factory and supply constraints because of escalating conflict in the Middle East. Those factors certainly aren’t helping.

By Jacob Lev, CNN (CNN) — Days after the Iowa Hawkeyes set the all-time ratings record for a women’s college basketball game in their Elite Eight win over the Louisiana State University Tigers, the team set yet another record. The Hawkeyes’ 71-69 victory on Friday over the UConn Huskies in the Final Four averaged 14.2

CNN By Alexandra Banner, CNN (CNN) — Huge swaths of North America today will suddenly darken and the clouds will eerily vanish — a cue for sky-watchers that the total solar eclipse is about to begin. The celestial event itself will have no effect on wireless networks but phone providers are preparing for potential disruptions

By Samantha Murphy Kelly, CNN (CNN) — When Diane Gayeski, a professor of strategic communications at Ithaca College, receives an essay from one of her students, she runs part of it through ChatGPT, asking the AI tool to critique and suggest how to improve the work. “The best way to look at AI for grading

By John Towfighi, CNN (CNN) — As darkness envelops millions of people during Monday’s total solar eclipse, spectators will hold their cellphones skyward to capture the moment. But could the surge in cell usage cause networks to go dark? Across city centers and rural towns, network providers and public officials say they are preparing for

By Nathaniel Meyersohn, CNN New York (CNN) — Hungry at 3 a.m.? Head home and go to sleep. You’re out of luck. Shift workers, bar-hoppers and night owls don’t have nearly as many late-night dining options as they did during the pre-pandemic heyday of 24-hour diners and restaurants. And it’s not just restaurants. Walmart, four

By Anna Cooban, CNN London (CNN) — It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. Staff are closing the windows in The French House, one of the city’s most popular pubs. Lesley Lewis, its owner of 35 years, says she would like to stay open later, but

By Peter Valdes-Dapena, CNN (CNN) — Elon Musk has long had an affinity for self-driving vehicles, claiming they will be one of Tesla’s most important products. Despite big promises, years have gone by without cars that can, so far, drive on their own. But Musk, on a Friday afternoon, when companies tend to bury news,

By Parija Kavilanz, CNN (CNN) — Walmart shoppers could be entitled to as much as $500 as part of a class-action lawsuit settlement by the retailer over allegations that it overcharged customers for certain products. A lawsuit initially filed in late 2022, and subsequently amended in 2023, alleged that Walmart “falsely inflated” the prices of

By Allison Morrow, CNN New York (CNN) — Meta blocked a newspaper’s critical report about it on Facebook and its other social sites for hours, sparking a backlash that intensified after the company appeared to subsequently block links to the website of an independent journalist who republished the report. The controversy began Thursday morning when