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By Jordan Valinsky, CNN New York (CNN) — Flying in the United States was a vastly improved experience last year, as the cancellation rate fell to its lowest level in at least 10 years. The Department of Transportation released statistics for 2023 that show among the 16.3 million flights in the United States, there was

By Jordan Valinsky, CNN New York (CNN) — Some fans of TGI Fridays were likely surprised this week when they found their local restaurant permanently closed because the chain abruptly shut down dozens of locations around the US. The chain said in a release that it closed 36 “underperforming” restaurants as part of its “ongoing

By Michelle Toh and Hassan Tayir, CNN Hong Kong (CNN) — Two of China’s most popular bubble tea brands are preparing to go public. Mixue Group and Guming Holdings — which are known for drawing crowds for their unique beverages, such as passionfruit pulp or grape and cheese-flavored teas — have applied for initial public

By Laura He, CNN Hong Kong (CNN) — Saudi energy giant Aramco, the world’s largest integrated oil and gas company, is planning to up its investment in its Chinese partner, as it expands its footprint in the country. Aramco is in talks with Rongsheng Petrochemical to acquire a maximum 50% stake in the latter’s subsidiary

CNN By Samson Tamijani, Jennifer Maupin Click here for updates on this story     STILLWATER, Oklahoma (KJRH) — Nearly 34 years after its Nintendo debut, a 13-year-old boy from Stillwater became the first person ever to beat the video game Tetris, NBC reported on Jan. 3. Willis Gibson was live-streaming when he scored 999,999 points on

By Matt Egan, CNN (CNN) — Ousted Harvard President Claudine Gay says she faced death threats and was called the N-word during a weeks-long attack on her character designed to end her presidency. In an op-ed published Wednesday evening by The New York Times, Gay described her decision to resign this week, after plagiarism allegations

By Samantha Delouya, Lauren del Valle and Kara Scannell, CNN (CNN) — Hundreds of pages of unsealed documents from a lawsuit connected to accused sex-trafficker Jeffrey Epstein were publicly released on Wednesday. This is the first set of documents to be unsealed under a December 18 court order, with more expected in the coming weeks.

By Ramishah Maruf, CNN New York (CNN) — They’re colorful, small and fun to squish. But water beads pose major health risks to children, safety experts say, and the Consumer Product Safety Commission has made it a priority in the new year to fully regulate water bead marketing toward young consumers. Water beads are tiny

By Jennifer Korn, CNN (CNN) — A 13-year-old from Oklahoma appears to have finally done the nearly impossible: He beat Tetris. Willis Gibson is believed to be the first human gamer to reach level 157 of the classic video game nearly 40 years after its release. “I’m going to pass out, I can’t feel my

By Matt Egan, CNN New York (CNN) — The past few months have been an absolute nightmare for Harvard University. Lawmakers and regulators are investigating. Donors are revolting. Early applications are down. And the Harvard board’s handpicked leader, Claudine Gay, just ended the shortest presidency in the university’s nearly 400-year history amid a firestorm of

By Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve officials during their December policy meeting broached the subject of reducing interest rates, minutes from that meeting released Wednesday showed. Officials’ latest economic projections released in December showed that they expect to cut rates this year for the first time since kicking off a historic inflation-busting campaign in March 2022.

By Anna Bahney, CNN Washington, DC (CNN) — Prices of Manhattan condos and co-ops rose at the end of 2023 for the first time in over a year, at a time when mortgage rates were at their highest levels in 23 years. But for many buyers, rates didn’t even matter: A record high number of

By Jordan Valinsky, CNN New York (CNN) — Xerox is slashing 15% of its workforce, amounting to roughly 3,000 jobs, in a “reinvention” plan that encompasses a new organizational structure and operating model. The company, best known for manufacturing office equipment like printers and copiers, announced the changes on Wednesday. Xerox has about 20,500 global

By Chris Isidore, CNN New York (CNN) — The strike at General Motors plants in September and October took a bite out of its fourth-quarter sales, but strong demand for the vehicles made at its other plants allowed the company to report a narrow gain in US vehicle sales overall. The strike ran from September

CNN By Erica Hill and Yon Pomrenze, CNN (CNN) — In his 23 years with the Golden, Colorado, police department, a shorter workday — or work week — was never something Commander Marcus Williams thought about. “This was always considered something of a grind as part of the profession, one of those things you just

By Bryan Mena, CNN Washington, DC (CNN) — US job openings fell in November to their lowest level since March 2021, in a sign that America’s resilient job market is continuing to cool. There were a seasonally adjusted 8.79 million job openings in November, the Labor Department reported Wednesday. That’s down from October’s upwardly revised

By Peter Valdes-Dapena, CNN (CNN) — The Internal Revenue Service updated the rules for electric vehicle tax credits again starting with the first day of 2024, bringing some good and bad news. The bad news is that fewer vehicles are now eligible for federal tax credits, and even fewer are eligible for the maximum $7,500

By Laura He, CNN Hong Kong (CNN) — BYD overtook Tesla as the world’s top seller of electric vehicles (EV) at the end of last year, crowning an extraordinary rise for the Chinese carmaker. It delivered more fully electric cars than Tesla for the first time in the three-month period to December 31, and slashed

By Jordan Valinsky, CNN New York (CNN) — Ford is recalling 112,965 F-150s pickup trucks because of a rear axle hub bolt that can be a roll away risk if it’s damaged. The National Highway Traffic Safety Administration (NHTSA) said the recall affects F-150 vehicles with model years 2021 through 2023 that are equipped with the