Money

By Chris Isidore, CNN New York (CNN) — General Motors’ stronger-than-expected third quarter profit was greeted by an an expansion of the strike at the company by the United Auto Workers union. Just hours after the earnings report was released the UAW announced that 5,000 members would go on strike at one of GM’s most

By Anna Cooban, CNN London (CNN) — Global demand for oil, natural gas and coal — and the carbon pollution they generate — are expected to peak later this decade, according to a new report by the International Energy Agency. Driving the shift will be the “phenomenal rise” of clean sources of energy, the Paris-based

By Hanna Ziady, CNN London (CNN) — JPMorgan CEO Jamie Dimon, Citigroup’s Jane Fraser and other top names on Wall Street are in Saudi Arabia Tuesday for an investment conference as they try to look beyond risks that the Israel-Hamas war could widen into a regional conflict and deal a new blow to the global

By Michelle Toh, CNN Hong Kong (CNN) — Advertising giant WPP says it has fired an executive detained in China on suspicion of bribery. Last week, news emerged that the Chinese police had raided the Shanghai office of advertising agency GroupM, owned by WPP. On Tuesday, the British firm told CNN that “we are cooperating

By Ramishah Maruf, CNN New York (CNN) — Google is temporarily disabling live traffic conditions on its mapping service apps, Google Maps and Waze, in Israel, the tech company confirmed Monday, as the country prepares for a potential ground invasion into Gaza. “As we have done previously in conflict situations and in response to the

By Eva Rothenberg, CNN (CNN) — A 21-year-old woman with a heart condition is dead after consuming a heavily caffeinated energy drink at Panera Bread that she may have believed was regular lemonade, her parents alleged in a wrongful death suit against the restaurant chain. In September 2022, after drinking “Charged Lemonade,” Sarah Katz experienced

CNN By Danielle Wiener-Bronner, CNN New York (CNN) — Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on. In Israel, a local McDonald’s operator has been offering discounts to soldiers, security forces and others since Hamas’ October 7 assault by militants that killed 1,400 people and captured

By Danielle Wiener-Bronner, CNN New York (CNN) — Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on. In Israel, a local McDonald’s operator has been offering discounts to soldiers, security forces and others since Hamas’ October 7 assault by militants that killed 1,400 people and captured over

By Jordan Valinsky, CNN New York (CNN) — Skims, the underwear and apparel brand founded by Kim Kardashian, is hoping to attract new customers: men. The four-year-old shapewear brand is expanding beyond female clothing and into men’s products, with a new lineup launching Thursday that includes briefs, undershirts, boxers and leggings. Prices range from $16

By Tom Foster, CNN (CNN) — Akbar Al Baker is resigning as chief executive of Qatar Airways, marking a sudden end to one of the longest managerial reigns in the world of aviation. Al Baker, who has led the airline since 1997, will step down on Nov. 5. The move was unexpected, and no reason

By Matt Egan, CNN New York (CNN Business) — Former Pennsylvania Governor Ed Rendell doesn’t think the University of Pennsylvania needs a leadership change to get through the crisis gripping the Ivy League school. Rendell, a graduate of UPenn, argues university president Liz Magill made a “mistake” in failing to immediately condemn alleged antisemitic remarks

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — The United Auto Workers union sent 6,800 Stellantis employees to the picket line Monday morning in a surprise, targeted strike at the company’s Ram truck facility. The Sterling Heights Assembly Plant is Stellantis’ “largest plant and biggest moneymaker,” UAW said in a statement Monday.

By Nicole Goodkind and Ramishah Maruf, CNN New York (CNN) — Some pharmacy workers at Walgreens, one of the nation’s largest drugstore chains, say they are planning another walkout at the end of October, and organizers are hoping this time the protest spreads nationwide. Workers have already been staging walkouts in scattered cities to protest

By Darya Tarasova, CNN London (CNN) — A Russian court has ordered US-Russian journalist Alsu Kurmasheva to be held in detention until December 5 for failing to register as a foreign agent, according to her employer. Kurmasheva is employed by the Tatar-Bashkir service Radio Free Europe/ Radio Liberty (RFE/RL) and is based in Prague, Czech

By Nicole Goodkind, CNN New York (CNN) — The market for environmental, social and corporate governance, or ESG, investing is fundamentally broken. The numbers speak for themselves. The cumulative flow of investments into US ESG funds has been flat to slightly negative since the first quarter of 2022, according to data shared exclusively with CNN

By David Goldman, CNN New York (CNN) — Chevron announced Monday that it has agreed to buy rival Hess in yet another oil industry consolidation deal. Cash-rich oil giants are taking advantage of high prices and surging profits to snap up assets and boost returns for shareholders even as pressure builds for them to invest

By Laura He, CNN Hong Kong (CNN) — Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media. The probe comes weeks after founder Terry Gou announced his bid for Taiwan’s presidency and stressed that he won’t be pressured by Beijing, despite his extensive business operations in

By Michelle Toh, CNN Hong Kong (CNN) — Three top Chinese pharmaceutical companies, which are backed by top global banks, are using endangered animal parts in their medicines, according to an investigation by an environmental protection group. In a Monday report, the Environmental Investigation Agency UK (EIA) said it had found 72 companies licensed by

By Eva Rothenberg, CNN (CNN) — A college admissions program popular among the country’s most selective universities may actually be skewed against lower-income applicants, college consultants and experts say. Early decision is an option that allows students to single out their top-choice school and apply to it months before regular applications are due. The choice

By Eva Rothenberg, CNN (CNN) — Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company’s upcoming annual technology conference over his comments on the Israel-Hamas war. “Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our start-ups