Money

By Eva Rothenberg, CNN New York (CNN) — Retail software provider CDK Global says it will likely take several days for its software to be back online and operational, as the company grapples with a system outage that has paralyzed nearly 15,000 car dealerships across North America since Wednesday. The data provider’s software, which dealerships use

By Krystal Hur, CNN New York (CNN) — One morning at 6 am, Gyaltsen Moktan woke in a panic. It was 2019. He worked at an all-you-can-eat sushi buffet and was responsible for opening the restaurant each morning. So he set a wakeup call on his iPhone. Then Apple’s “By the Seaside” alarm sound went

By Erika Tulfo, CNN (CNN) — Krispy Kreme’s newest doughnuts celebrate the 30th anniversary of the sitcom “Friends.” But while the show was set in New York, the doughnuts aren’t for sale in NYC – or anywhere else in the US. The new flavors are available only in the UK and Ireland. The decision has

By Chris Isidore, CNN New York (CNN) — Alaska Airlines and its 7,000-member flight attendants union reached a tentative labor deal late Friday, concluding talks that lasted more than a year and a half. Terms of the deal have not been released, though the union called it a “record contract.” The deal likely contains a

By Chris Isidore, CNN New York (CNN) — This was supposed to be the year that air conditioning came to UPS delivery vans. It hasn’t worked out that way. Despite a promise in the contract reached with the Teamsters union last year, UPS has not yet purchased any new vans with AC, even as temperatures

By Parija Kavilanz, CNN New York (CNN) — Decades ago, Americans flocked to Main Street to shop. A string of small family-owned stores stood next to each other along a tree-lined block or two, displaying their goods through large welcoming windows. Then in 1956 something happened that forever changed that shopping experience. A new retailing

By Chris Isidore and Arit John, CNN New. York (CNN) — Teamsters President Sean O’Brien will speak to the Republican National Convention in Milwaukee in July, a sign that former President Donald Trump’s campaign is hoping to peel off the support of union members from President Joe Biden. But unlike other speakers at the RNC,

By Anna Cooban, CNN London (CNN) — French luxury conglomerate LVMH has added a tiny Parisian bistro to its sprawling empire of designer fashion brands, jewelry makers and hotels. The company, owned by Europe’s richest man Bernard Arnault, said Thursday that it had bought a majority stake in Chez L’ami Louis, a 100-year-old restaurant in

By Bryan Mena, CNN Washington (CNN) — Homes in America are the most expensive they’ve ever been, according to one measure. The median price of a previously owned US home climbed for the eleventh consecutive month in May, up 5.8% from a year ago, to $419,300, the National Association of Realtors said Friday. That’s the

By Samantha Murphy Kelly, CNN (CNN) — Apple is banking on its upcoming AI features to boost iPhone sales especially in China, where demand has been lagging. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China. In a presentation earlier this month, Apple (AAPL) showed off its

By Oliver Darcy, CNN (CNN) — The Washington Post said Friday that Robert Winnett, the British journalist who had been slated to take over as the newspaper’s top editor, will no longer join the publication that has been ensnared in a weeks-long crisis over ethics questions. “It is with regret that I share with you

By Jordan Valinsky, CNN New York (CNN) — Amazon is eliminating the use of the puffy plastic air pillows used in delivery boxes, joining other major companies that are cutting their plastic use. The company said it was shipping 15 billion plastic pillows annually, and the changes represent its largest plastic packaging reduction effort in

By Ramishah Maruf and Peter Valdes-Dapena, CNN New York (CNN) — CDK Global is ubiquitous in the auto dealership world – its software is used at 15,000 dealers. Its products handle everything from records to scheduling. Now, thousands of dealerships across the United States and Canada are entering a third day in a near deadlock

By Jeanne Sahadi, CNN New York (CNN) — Happy day-after-summer-solstice. With any luck, if your employer has instituted a Summer Fridays policy, you’ll get to knock off work early or even take the whole day off. It’s always been a popular perk — because who doesn’t want to start their weekend early? However, the majority

By Matt Egan, CNN New York (CNN) — Truth Social owner Trump Media & Technology Group has gone ice-cold. The conservative social media company has lost roughly half its market value since May 30, the day former President Donald Trump was convicted of 34 felony counts in a hush money trial. Trump Media’s volatile share

By Alicia Wallace, CNN (CNN) — The skin gets flush with fever, the breaths grow short, the heart races, dizziness sets in. The helmet and goggles only make matters worse, trapping heat on the head and the eyes. There’s little to no escape from sweltering temperatures for construction workers like Eva Marroquin, who cleans work

By Brian Fung, CNN (CNN) — TikTok ramped up its attacks on the Biden administration Thursday over a law that could ban the popular app from the United States, arguing in a court filing that US TikTok users could be forced to live on an “island” of content disconnected from the rest of the world

By Peter Valdes-Dapena, CNN (CNN) — Bugatti has unveiled its new model, the Bugatti Tourbillon, a massively powerful hybrid with an equally impressive pricetag. The car will replace the $3.3 million, 1,500 horsepower Bugatti Chiron. You might have expected Bugatti’s new model to be all-electric. Not only is the industry headed in that direction, but

By Ramishah Maruf, CNN New York (CNN) — Parts of a pricey blender that can cost up to $990 can cause deep cuts, Vitamix announced in an expanded recall Thursday — but don’t expect a refund. After dozens of reports of lacerations from exposed blades, Vitamix announced a recall of about 569,000 blending containers and

By Danielle Wiener-Bronner, CNN New York (CNN) — Restaurant chains from Applebee’s to McDonald’s have in recent months clocked a troubling trend: Customers watching their budgets are spending less, and dining out less often. So they’ve come up with a solution — offer meal deals and discounts to bring people back. But Olive Garden is holding