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By Nathaniel Meyersohn, CNN New York (CNN) — During the final days of 1936, about 50 autoworkers at General Motors shut down their machines at Fisher Body Plant No. 2 in Flint, Michigan, and sat down. The workers, members of the tiny United Automobile Workers union founded just a year prior, sought to improve brutal

By Eva Rothenberg, CNN (CNN) — About one in six Americans are now age 65 or older and, as the average population ages, a majority are reaching the age of retirement in a precarious financial position, as costs of personal care continue to rise. “Living a long life is something that many of us want

By Nathaniel Meyersohn, CNN New York (CNN) — The United Auto Workers strike isn’t happening in a vacuum. It’s part of a growing movement of US workers walking off the job. From Hollywood writers to nurses, factory workers, and Starbucks baristas, thousands of workers have gone on strike in recent months to demand higher pay

CNN By Nathaniel Meyersohn, CNN New York (CNN) — The United Auto Workers strike isn’t happening in a vacuum. It’s part of a growing movement of US workers walking off the job. From Hollywood writers to nurses, factory workers, and Starbucks baristas, thousands of workers have gone on strike in recent months to demand higher

By Nathaniel Meyersohn, CNN New York (CNN) — “We would like to begin boarding our flight at this time.” You are familiar with that friendly boarding announcement from the gate agent. Unfortunately, it means the next 45 minutes of your life will be messy. And airlines have made it chaotic by design — so people

By Elisabeth Buchwald, CNN New York (CNN) — With the United Auto Workers’ historic strike officially underway, experts say the US economy is already getting bruised – but the strike’s impact isn’t likely to push the nation into a recession. “That’s because the unionized part of the industry, while still large, is not as big

CNN By Elisabeth Buchwald, CNN New York (CNN) — With the United Auto Workers’ historic strike officially underway, experts say the US economy is already getting bruised – but the strike’s impact isn’t likely to push the nation into a recession. “That’s because the unionized part of the industry, while still large, is not as

By Allison Morrow, CNN New York (CNN) — Former Wells Fargo executive Carrie Tolstedt was sentenced to three years’ probation on Friday for her role in the bank’s sprawling fake-accounts scandal. Tolstedt had agreed to plead guilty to the criminal charge of obstructing regulators’ investigation of the bank, which she left in 2016 as the

By Chris Isidore and Kayla Tausche, CNN (CNN) — UAW President Shawn Fain has become the X factor in the striking autoworkers’ pursuit of increased pay and benefits, injecting a level of chaos into negotiations that neither the automakers nor the White House predicted or quite know how to manage. That confusion is purposeful. The

By Brian Fung, CNN (CNN) — A major European tech regulator has ordered TikTok to pay a €345 million ($368 million) fine after ruling that the app failed to do enough to protect children. The Irish Data Protection Commission, which oversees TikTok’s activities in the European Union, said Friday that the company had violated the

By Bryan Mena, CNN Washington, DC (CNN) — Rising gas prices haven’t taken their toll on the American consumer just yet, amid growing optimism that inflation is easing, according to the latest consumer sentiment survey from the University of Michigan. The university’s latest consumer survey released Friday showed that Americans’ expectation of inflation rates in

CNN By Jordan Valinsky, CNN New York (CNN) — General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that

By Jordan Valinsky, CNN Business New York (CNN) — General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began overnight, and said that her company has a “very compelling offer” for the union. “I think we have an offer that resonates with our people,” Barra told CNN’s Vanessa Yurkevich, saying that

By Anna Cooban, CNN London (CNN) — Chick-fil-A is making another foray into the United Kingdom after gay rights campaigners forced the fast-food chain to close a pop-up site in the country in 2019. The company said in a press release Thursday that it would open its first store in early 2025, with another four

By Chris Liakos and Claudia Colliva, CNN Paris (CNN) — Apple plans to update iPhone12 software for users in France after the country’s regulators ordered a pause on sales of the 2020 model over radiation concerns. “We will issue a software update for users in France to accommodate the protocol used by French regulators. We

By Peter Valdes-Dapena, CNN New York (CNN) — Now that the United Auto Workers union has started a strike, the US auto market is about to be thrown into turmoil all over again. Auto sales hadn’t entirely recovered from the pandemic, but car shopping in the United States could change once more. Dealerships will stay

By Michelle Toh, CNN Hong Kong (CNN) — A major Chinese property company has suspended offshore debt payments, deepening turmoil in the beleaguered sector. Sino Ocean, which says it’s one of the nation’s top 20 real estate developers, said in a stock exchange filing Friday that it would temporarily stop making payments on US dollar-denominated

CNN By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of America’s unionized automakers at the same time. Workers on Friday walked out of three plants – one

CNN By Kevin Liptak, CNN (CNN) — President Joe Biden was dealt an economic and political blow Friday as the United Auto Workers went on strike after the union and major American automakers failed to reach a new contract, a development the White House worked to avoid and now places the president in a bind.

By Chris Isidore and Vanessa Yurkevich, CNN Detroit (CNN) — The United Auto Workers union is on strike against General Motors, Ford and Stellantis, the first time in its history that it has struck all three of America’s unionized automakers at the same time. Workers on Friday walked out of three plants – one each