Money

By Parija Kavilanz, CNN New York (CNN) — What do you give someone who already has it all? Luxury retailer Neiman Marcus has again attempted to solve this dilemma for the truly deep-pocketed holiday gifters by coming up with a collection of over-the-top ideas. Be warned: Most of these “fantasy gifts” will set you back

By Nicole Goodkind, CNN New York (CNN) — Tyson Foods is voluntarily recalling about 30,000 pounds of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in their patties. The recall, announced on Saturday, is for 29-ounce plastic bag packages containing frozen, “fully cooked fun nuggets breaded shaped chicken patties,” according to the

By Anna Bahney, CNN Washington, DC (CNN) — Using a travel agent to buy a plane ticket or a stockbroker to trade equities seem like relics of the past. And yet, every day, people across America hire a real estate agent to help them sell a home. It’s one of the few industries that has been

By Luciana Lopez, CNN New York (CNN) — The Washington Post on Saturday named news media veteran William Lewis as its new publisher and CEO at a critical time for the newspaper, as it contends with financial trouble, a rapidly shifting media environment and a looming presidential election. Lewis will assume the role on January

By Michelle Toh and Wayne Chang, CNN Hong Kong/Taipei (CNN) — Jensen Huang and Lisa Su have a lot in common. The chief executives of Nvidia (NVDA) and AMD (AMD) aren’t just two of the most powerful people in the global AI chip industry, they’re also family. The connection was first acknowledged by Su in

By David Goldman, CNN New York (CNN) — A deal to resolve film and television actors’ 113-day strike could be imminent, as the union representing them said it is reviewing Hollywood and TV studios’ final offer. The negotiating committee for the SAG-AFTRA union on Saturday said it received a “last, best and final offer” from

By Alicia Wallace, CNN (CNN) — Alphabet’s Google has scrapped a development deal to build $15 billion worth of homes, offices and retail space in California’s Silicon Valley. Google and Australian developer Lendlease “mutually reached” a decision to end their San Francisco Bay Project for four master-planned districts in the cities of San Jose, Sunnyvale

By Peter Valdes-Dapena, CNN New York (CNN) — Powering your car should always be easy, whether you fill it with electrons or gasoline. If it’s an electric car, you should be able to swipe a credit card, plug in the cable and your vehicle will just… charge. And it actually does work that way a

By Chris Isidore, CNN New York (CNN) — Members of the United Auto Workers union are back on the job at General Motors, Ford and Stellantis. But the union’s leadership is already planning for the next strike against the nation’s unionized automakers. And it wants the strike to be even larger next time. UAW President

By Krystal Hur and Parija Kavilanz, CNN New York (CNN) — Warren Buffett’s Berkshire Hathaway on Saturday reported a surge in third-quarter operating earnings and a record-high cash pile of $157 billion. Operating income totaled $10.8 billion, up from $7.7 billion, or a 40.6% increase from a year ago. Berkshire reported a net loss of

By Jordan Valinsky, CNN New York (CNN) — Martinis and margaritas might still be people’s drink of choice, but the spritz is bubbling to the top. A spritz, a refreshing cocktail that mixes Prosecco, club soda and a (usually Italian) liqueur like Campari or Aperol, has grown so much in popularity this year that it

By Allison Morrow, CNN New York (CNN) — It took just under a year for Sam Bankman-Fried to go from crypto wunderkind to convicted felon. No one is happier about that than the professionals in the industry that made him, for a time, a rock star. When Bankman-Fried’s crypto empire collapsed last November, it sent

By Oliver Darcy, CNN (CNN) — The White House denounced Fox News on Friday, blasting the right-wing network for “standing up on behalf of hate” after one of its hosts attacked the Jewish heritage of two CNN anchors over their coverage of the Israel-Hamas war. “Not only is Fox News aligning with those who fan

By Parija Kavilanz, CNN New York (CNN) — Live Nation Entertainment has Taylor Swift and Beyoncé to thank for propelling the live concerts organizer to its strongest quarterly results to date. The parent company of Ticketmaster, which drew the wrath of Swifties and lawmakers after botching ticket sales for the wildly successful Taylor Swift Eras

By Anna Cooban, CNN London (CNN) — The United Kingdom’s competition watchdog has wrapped up its antitrust investigations into Amazon’s and Meta’s retail platforms, saying it has secured commitments from the US tech giants that will ultimately benefit consumers. The Competition and Markets Authority (CMA) announced Friday that it had accepted voluntary pledges to “protect

By Matt Egan, CNN New York (CNN) — Multiple US banks were hit by deposit delays on Friday caused by an error at a payment processing network, according to the Federal Reserve. The Clearing House, which operates the Automated Clearing House system, which allows banks to send electronic payments to each other, experienced a processing

By Aimee Look Abu Dhabi (CNN) — Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output to prop up prices. Saudi gross domestic product, the broadest measure of its economy, shrunk 4.5% year-over-year in the third quarter of 2023, the country’s official statistics agency said this week. That’s

By Jordan Valinsky, CNN New York (CNN) — Jeff Bezos is leaving the city where it all began for him. The Amazon founder announced on Instagram that he’s relocating from Seattle, where he has lived since 1994, to Miami. He explained that his parents recently moved back to Florida, where he and his family lived

By Jordan Valinsky and Allison Morrow, CNN New York (CNN) — Sam Bankman-Fried was found guilty Thursday following a monthlong trial that was almost as wild as the rapid rise and fall of cryptocurrency exchange FTX itself. He was found guilty of stealing billions of dollars from accounts belonging to customers of FTX. He was also found

By Anna Cooban, CNN London (CNN) — Shipping giant Maersk is laying off thousands more workers as weak demand and lower freight prices pummel its revenues — a sign the pandemic-driven boom in shipping is turning to bust. One of the world’s biggest shipping firms said in its third-quarter results Friday that its revenues had almost