Money

Reuters (Reuters) — Osamu Suzuki, an ingenious penny pincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died on December 25 of lymphoma, said the company, which he steered ambitiously, during his time as either

By Tami Luhby, CNN (CNN) — Although President-elect Donald Trump wanted to start 2025 without having to worry about the debt ceiling, he did not get his wish. Addressing the debt ceiling, which will be reinstated on January 2, is still on the list of congressional Republicans’ New Year’s resolutions. The House last week fell

By Nathaniel Meyersohn, CNN New York (CNN) — Three weeks after the murder of UnitedHealthcare CEO Brian Thompson, companies and executives are closely monitoring threats from customers and shoring up their security vulnerabilities. A Texas man was arrested Friday for allegedly threatening Capital One executives over email, in which he expressed frustration over a disputed

By Chris Isidore, CNN New York (CNN) — United Auto Workers union President Shawn Fain was one of the most prominent union leaders backing Vice President Kamala Harris in this year’s US presidential election and one of the harshest critics of Donald Trump while on the campaign trail. And because of that, he’ll have a

By Dawn Sawyer and Dalia Faheid, CNN (CNN) — One Mega Millions ticket sold in Northern California has won Friday’s estimated $1.22 billion jackpot – believed to be the fifth-largest prize in the history of the game, the lottery says. The ticket – the first to win the jackpot in over 100 days – matched

By Olesya Dmitracova, CNN London (CNN) — The sun is setting on 2024, but the consequences of its many events will be felt around the world well into next year and beyond. This year, Israel’s war against Hamas in Gaza escalated and spilled over to Lebanon, where Israel waged a war on Hezbollah until a

By David Goldman and Elizabeth Wagmeister, CNN (CNN) — The NFL’s Netflix debut was a success – as far as streaming goes, anyway. But even with Beyoncé performing at halftime, the games’ ratings were roughly on par with last year’s Christmas viewership, which was aired on broadcast and cable TV. The late Ravens-Texans game averaged

By Bryan Mena, CNN (CNN) — Dick Parsons, an American businessman who led Time Warner and helped iconic US companies navigate tough circumstances, has died at 76. A prominent Black business executive, Parsons was known for his problem-solving prowess, steering major companies, including Time Warner and Citigroup, through periods of distress. He also advised US

By David Goldman, CNN (CNN) — Ryan Salame and Caroline Ellison, FTX executives convicted for their roles in the notorious crypto fraud led by their former boss Sam Bankman-Fried, have both shaved time off their lengthy prison sentences. Salame, a former top executive of FTX, the now-bankrupt cryptocurrency trading platform, pleaded guilty to criminal fraud

By Chris Isidore, CNN New York (CNN) — The best time to buy an electric vehicle may be right now. That’s because a $7,500 federal tax credit could soon disappear. President-elect Donald Trump has said he will move to eliminate the tax credit, possibly as soon as he takes office. It is even conceivable that

By Alicia Wallace, CNN (CNN) — With three seconds left on the clock, the score knotted up at 58 — the fifth tie of the fourth quarter — Notre Dame had the ball and a chance to win its first women’s basketball title. The inbound went to Arike Ogunbowale, who muscled through the defense, dribbled

By Lauren Mascarenhas and Dalia Faheid, CNN (CNN) — This holiday season, a lucky Mega Millions player might receive a $1.15 billion belated Christmas gift after no one won Tuesday’s jackpot. Friday’s grand prize has now soared to an estimated $1.15 billion – the largest prize ever offered in the month of December. That’s $516.1

Story by Reuters (Reuters) — Iranian authorities have lifted a ban on Meta’s (META.O) instant messaging platform WhatsApp and Google Play (GOOGL.O) as a first step to scale back internet restrictions, Iranian state media reported on Tuesday. The Islamic Republic has some of the strictest controls on Internet access in the world, but its blocks

CNN By Brian Stelter, CNN New York (CNN) — The incoming chairman of the Federal Communications Commission is sending a stern message to the owners of television stations and networks. And he is using ABC’s recent settlement with President-elect Donald Trump as a news peg of sorts. Brendan Carr, a Trump-appointed commissioner who will become

WFOR, CNN By Jordan Valinsky, CNN New York (CNN) — Following a brief outage that grounded all American airlines flights during one of the busiest travel periods of the year, American Airlines says it has resumed service Tuesday morning, albeit with substantial delays. American Airlines said a “vendor technology issue” was responsible for delaying all

By Jeanne Sahadi, CNN (CNN) — Who couldn’t use a little extra cash come January without having to lift a finger? A million tax filers will soon get a letter from the IRS indicating they have money coming to them because they were eligible to receive the 2021 Recovery Rebate Credit but didn’t claim it