CNN – Business/Consumer

By Jordan Valinsky, CNN New York (CNN) — Nintendo announced Wednesday that it sold more than 3.5 million Switch 2 consoles, marking a new record for the company. The Japanese company said that it’s the “highest global sales level” for any Nintendo device within the first four days of release and perhaps puts Nintendo in

By Jordan Valinsky, CNN New York (CNN) — The vibrant burst of orange flavor emanating from a Blue Moon is so lip-smacking good that it’s being turned into a lip balm. The Molson Coors-owned brand is partnering with Eos, a popular beauty company, to make a lip balm inspired by the punchy, Valencia orange flavor

By Samantha Delouya and Tami Luhby, CNN (CNN) — Cara Petersen, the Consumer Financial Protection Bureau’s acting enforcement director, resigned from the agency on Tuesday. In an email to colleagues announcing her decision, Petersen slammed the Trump administration’s efforts to dismantle the agency, which was established as a banking watchdog following the 2008 global financial

CNN By Anna Cooban, CNN London (CNN) — Elon Musk said Wednesday that he regrets some of his recent social media posts about President Donald Trump. “I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk said in a post on X. Musk’s relationship with Trump deteriorated in a

By Anna Cooban, CNN London (CNN) — Elon Musk said Wednesday that he regrets some of his recent social media posts about President Donald Trump. “I regret some of my posts about President @realDonaldTrump last week. They went too far,” Musk said in a post on X. Musk’s relationship with Trump deteriorated in a spectacular,

Story by Reuters (Reuters) — Australia’s Qantas QAN.AX said on Wednesday it will close Jetstar Asia, the group’s Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers. The move will free A$500 million ($326.40 million) in capital for the flag carrier to invest in its

By Ramishah Maruf and Devan Cole, CNN (CNN) — President Donald Trump’s heftiest tariffs cleared a court hurdle for now, after a federal appeals court ruled Tuesday that they could take effect while legal challenges play out. But the appeals court put the tariff cases on a fast track for a resolution this summer. The

By Nectar Gan and John Liu, CNN Hong Kong (CNN) — The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing. American and

By Luciana Lopez, Chris Isidore and Vanessa Yurkevich, CNN (CNN) — General Motors said on Tuesday that it would invest $4 billion into three US plants to boost production of gas and electric vehicles, as a 25% tariff on imported cars by President Donald Trump threatens the bottom lines of automakers that sell in the

By Clare Duffy, CNN New York (CNN) — The latest celebrity start-up trend is no longer tequila. It’s telecom. Actors Sean Hayes, Will Arnett and Jason Bateman — who host the popular “SmartLess” podcast — are launching a wireless service as an alternative to pricier unlimited data plans from major carriers like Verizon, T-Mobile or

By Sean Lyngaas and Brian Stelter, CNN (CNN) — Offline, in real-world Los Angeles, most Angelenos are having a perfectly normal day. But online, the fires and riots are still raging. The powerful algorithms that fuel social media platforms are feeding users days-old and sometimes completely fake content about the recent unrest in L.A., contributing

By Brian Stelter, CNN (CNN) — ABC News is parting ways with veteran correspondent Terry Moran, two days after he posted a missive on X calling President Donald Trump and deputy chief of staff Stephen Miller “world-class haters.” ABC said Tuesday afternoon that Moran’s contract was about to expire, and “based on his recent post

By Liam Reilly, CNN (CNN) — A former local news anchor in Shreveport, Louisiana, has sued a rival station for defamation, accusing it of engaging in “character assassination” after it ran a report he says portrayed him as a “child predator.” Emmy Award-winning journalist Bill Lunn, a former anchor for ABC affiliate KTBS, filed the

By Lisa Eadicicco, CNN (CNN) — Popular AI chatbot ChatGPT is experiencing degraded performance after a partial outage on Tuesday, according to parent company OpenAI and the website Downdetector, which tracks outages of major web services. OpenAI said it began investigating issues at 2:36 am on Tuesday, and the problems began to spike around 5:30

By Matt Egan, CNN New York (CNN) — Whole Foods employees say a major cyberattack on a leading distributor has left some store shelves and freezers empty. “Our frozen cooler is empty, our bread hearth is bare and customers are increasingly upset,” one barista and bakery employee at a Whole Foods located in Arkansas told

By Andrew Kirell, CNN New York (CNN) — “The free press is under attack,” Bob Costas said at an awards ceremony Monday evening. “Democracy as we know it is under attack.” The famed sports broadcaster was at the Edison Ballroom podium in New York, accepting a lifetime achievement Mirror Award for his “distinct, consistent and

By Amarachi Orie, CNN (CNN) — Job insecurity and unaffordable housing are among the biggest reasons why millions of people worldwide can’t have the number of children they want, the United Nations said Tuesday, calling for “urgent action” to address the “fertility crisis.” Together with market research firm YouGov, the UN’s sexual and reproductive health

By Anna Cooban, CNN London (CNN) — Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on economies worldwide. The World Bank expects Trump’s barrage of new tariffs on America’s

By Jordan Valinsky, CNN New York (CNN) — Meta CEO Mark Zuckerberg is personally assembling a team to achieve a “superintelligence,” machines that are capable of surpassing human capabilities, according to a Bloomberg report. Zuckerberg is reportedly so frustrated with Meta’s efforts in the artificial intelligence space that he has taken it upon himself to

By Jeanne Sahadi, CNN (CNN) — On the face of it, the so-called “Trump accounts” — which would provide parents of newborns with $1,000 to invest on behalf of their child’s future — would be a plus for many families. “It’s a pro-family initiative that will help millions of Americans harness the strength of our