Money

By Clare Duffy, CNN New York (CNN) — Bumble founder Whitney Wolfe Herd is stepping down as chief executive after nearly a decade running the dating app company. Starting on January 2, Wolfe Herd will be succeeded by Lidiane Jones, a longtime tech executive who has been serving since December as the CEO of the

By Hanna Ziady, CNN London (CNN) — Ryanair will start paying regular dividends for the first time in its nearly 40-year history, as Europe’s largest airline reaps record profits off the back of booming demand for air travel and much higher ticket prices. The company, which also owns Polish airline Buzz and Austrian carrier Lauda,

By Jordan Valinsky, CNN New York (CNN) — Ketchup and pickles have been a natural combination on a hamburger and hot dogs for decades. Now, thanks to Heinz, the two flavors have been combined into one condiment. Rolling out to grocery store shelves in early 2024, Heinz’s newest flavor of its famous ketchup is called

By Anna Cooban, CNN London (CNN) — Brace yourselves. Jokes incoming. Elon Musk has announced the introduction of “Grok,” an artificially intelligent chatbot, for some users of X, which the billionaire suggests has a sarcastic sense of humor similar to his own. Musk, who has owned X — formerly known as Twitter — for a year,

By Brian Fung, CNN (CNN) — Epic Games, the maker of the popular game “Fortnite,” launches a battle against Google in federal court today in a closely watched antitrust showdown that could reshape how smartphone users get Android apps and pay for in-app content. Epic’s lawsuit in the US District Court in California’s Northern District

By Laura He, CNN Hong Kong (CNN) — The world’s second largest economy is struggling to attract foreign companies and investments, despite Beijing’s efforts to address its myriad economic challenges, according to new data from China. A gauge of foreign direct investment (FDI) into China has slipped into the red for the first time since

By Michelle Toh, CNN Hong Kong (CNN) — Zhang Hongli, a former senior executive at Industrial and Commercial Bank of China (ICBC), is being probed by China’s top anti-corruption watchdog, in a sign of a continuing crackdown in the country’s financial sector. In a brief statement on Saturday, the Central Commission for Discipline Inspection (CCDI)

By Nicole Goodkind, CNN New York (CNN) — Harvard University, like many campuses across America, continues to struggle in its contention with hate speech, protests and unrest over the Israel-Hamas war. One of its most prominent donors said Harvard needs to take urgent action to fix the problem, or it could risk a massive donor

By Parija Kavilanz, CNN New York (CNN) — What do you give someone who already has it all? Luxury retailer Neiman Marcus has again attempted to solve this dilemma for the truly deep-pocketed holiday gifters by coming up with a collection of over-the-top ideas. Be warned: Most of these “fantasy gifts” will set you back

By Nicole Goodkind, CNN New York (CNN) — Tyson Foods is voluntarily recalling about 30,000 pounds of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in their patties. The recall, announced on Saturday, is for 29-ounce plastic bag packages containing frozen, “fully cooked fun nuggets breaded shaped chicken patties,” according to the

By Anna Bahney, CNN Washington, DC (CNN) — Using a travel agent to buy a plane ticket or a stockbroker to trade equities seem like relics of the past. And yet, every day, people across America hire a real estate agent to help them sell a home. It’s one of the few industries that has been

By Luciana Lopez, CNN New York (CNN) — The Washington Post on Saturday named news media veteran William Lewis as its new publisher and CEO at a critical time for the newspaper, as it contends with financial trouble, a rapidly shifting media environment and a looming presidential election. Lewis will assume the role on January

By Michelle Toh and Wayne Chang, CNN Hong Kong/Taipei (CNN) — Jensen Huang and Lisa Su have a lot in common. The chief executives of Nvidia (NVDA) and AMD (AMD) aren’t just two of the most powerful people in the global AI chip industry, they’re also family. The connection was first acknowledged by Su in

By David Goldman, CNN New York (CNN) — A deal to resolve film and television actors’ 113-day strike could be imminent, as the union representing them said it is reviewing Hollywood and TV studios’ final offer. The negotiating committee for the SAG-AFTRA union on Saturday said it received a “last, best and final offer” from

By Alicia Wallace, CNN (CNN) — Alphabet’s Google has scrapped a development deal to build $15 billion worth of homes, offices and retail space in California’s Silicon Valley. Google and Australian developer Lendlease “mutually reached” a decision to end their San Francisco Bay Project for four master-planned districts in the cities of San Jose, Sunnyvale

By Peter Valdes-Dapena, CNN New York (CNN) — Powering your car should always be easy, whether you fill it with electrons or gasoline. If it’s an electric car, you should be able to swipe a credit card, plug in the cable and your vehicle will just… charge. And it actually does work that way a

By Chris Isidore, CNN New York (CNN) — Members of the United Auto Workers union are back on the job at General Motors, Ford and Stellantis. But the union’s leadership is already planning for the next strike against the nation’s unionized automakers. And it wants the strike to be even larger next time. UAW President

By Krystal Hur and Parija Kavilanz, CNN New York (CNN) — Warren Buffett’s Berkshire Hathaway on Saturday reported a surge in third-quarter operating earnings and a record-high cash pile of $157 billion. Operating income totaled $10.8 billion, up from $7.7 billion, or a 40.6% increase from a year ago. Berkshire reported a net loss of

By Jordan Valinsky, CNN New York (CNN) — Martinis and margaritas might still be people’s drink of choice, but the spritz is bubbling to the top. A spritz, a refreshing cocktail that mixes Prosecco, club soda and a (usually Italian) liqueur like Campari or Aperol, has grown so much in popularity this year that it

By Allison Morrow, CNN New York (CNN) — It took just under a year for Sam Bankman-Fried to go from crypto wunderkind to convicted felon. No one is happier about that than the professionals in the industry that made him, for a time, a rock star. When Bankman-Fried’s crypto empire collapsed last November, it sent