By Paul R. La Monica, CNN Business Plans to make former president Donald Trump’s media company public appear to have hit another roadblock. Digital World Acquisition Corp. — the special purpose acquisition company (SPAC) that has agreed to merge with Trump Media & Technology Group — said in a regulatory filing Monday that its board
Continue Reading By Oliver Darcy, CNN Business MSNBC announced on Monday that Alex Wagner will take over the network’s all-important 9pm time slot four days a week. The elevation of Wagner, made by MSNBC president Rashida Jones, is arguably the most important programming decision the network boss has made since taking over as head of the cable
Continue Reading By Frank Pallotta, CNN Business “Top Gun: Maverick” has flown to new heights. The sequel to the 1986 blockbuster, in which Tom Cruise reprises the famed role of Pete “Maverick” Mitchell, has crossed the $1 billion mark at the worldwide box office, according to Paramount. “Maverick” is the first film in Cruise’s more than 40-year
Continue Reading By Frank Pallotta, CNN Business “Top Gun: Maverick” has flown to new heights. The sequel to the 1986 blockbuster, in which Tom Cruise reprises the famed role of Pete “Maverick” Mitchell, has crossed the $1 billion mark at the worldwide box office, according to Paramount. “Maverick” is the first film in Cruise’s more than 40-year
Continue Reading By Rachel Metz, CNN Business Instagram is testing new ways to verify its youngest users’ ages, including by using artificial intelligence that analyzes a photo and estimates how old the user is. Meta-owned Instagram said in a blog post on Thursday that AI is one of three new methods it’s testing to verify users’ ages
Continue Reading By Clare Duffy, CNN Business In the wake of the Supreme Court’s controversial decision to overturn Roe v. Wade, people have flooded social media platforms with information about how to access in-person or medication abortions to help those in states that have outlawed the procedure or could soon do so. But the situation could create
Continue Reading By Jeanne Sahadi, CNN Business Whether or not the US economy falls into an official recession, there are still plenty of difficult financial and economic factors hitting investors and consumers. Take inflation. Prices in May rose 8.6% from a year ago — the fastest rate in 40 years. Add to that stocks that are now
Continue Reading By Paul R. La Monica, CNN Business The first half of the year was lousy for investors as stocks sank, cryptocurrencies crashed and even the supposedly less risky bond market performed poorly. That bond slump is bad news for conservative investors, retirees living on a fixed income and anyone trying to buy a house. But
Continue Reading By Catherine Thorbecke and Jennifer Korn, CNN Business Instagram-friendly meal kit service Daily Harvest is facing a firestorm of online backlash over the voluntary recall of one of its products, after a slew of people who consumed it reported becoming ill with mysterious symptoms, including extremely elevated liver enzymes. The direct-to-consumer brand has long utilized
Continue Reading By Chloe Melas, CNN Business Maria Shriver and Patrick Schwarzenegger are on a mission to educate you on your brain health. Shriver has been an outspoken advocate about Alzheimer’s. Her father, Robert Sargent Shriver, was diagnosed with the disease in 2003. That inspired her to create the nonprofit, The Women’s Alzheimer’s Movement. Now she and
Continue Reading By Chloe Melas, CNN Business Maria Shriver and Patrick Schwarzenegger are on a mission to educate you on your brain health. Shriver has been an outspoken advocate about Alzheimer’s. Her father, Robert Sargent Shriver, was diagnosed with the disease in 2003. That inspired her to create the nonprofit, The Women’s Alzheimer’s Movement. Now she and
Continue Reading By Samantha Murphy Kelly, CNN Business Seara Adair, a mother of two young daughters from Atlanta, revealed in a TikTok video last year that she was sexually abused by a family member as a child. In the next few weeks, her follower count grew by tens of thousands, many of whom appeared to be minors.
Continue Reading By David Goldman and Mark Thompson, CNN Business Russia has defaulted on its foreign debt for the first time since the Bolshevik revolution more than a century ago. Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday, the White House
Continue Reading By David Goldman and Mark Thompson, CNN Business Russia has defaulted on its foreign debt for the first time since the Bolshevik revolution more than a century ago. Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday, the White House
Continue Reading By Julia Horowitz, CNN Business Europe and the United States have barred the import of Russian oil to cut off a crucial revenue source for the Kremlin. But the plan to pile pain on President Vladimir Putin, forcing him to reconsider his war in Ukraine, hasn’t worked. Russia’s government is making just as much money
Continue Reading By Jordan Valinsky, CNN Business Cinnabon’s newest menu item is missing its cinn-onymous ingredient. For the first time ever in the United States, the sweet treat chain is selling a new food item that doesn’t contain cinnamon. Until September, the chain is selling Chocolate BonBites, which are bite-sized chocolate rolls that Cinnabon describes as a
Continue Reading By Diksha Madhok, CNN Business Some of the world’s wealthiest nations are banning the import of Russian gold to further tighten the vise on Russia’s economy. US President Joe Biden announced Sunday that the United States will ban Russian gold, the country’s second most valuable export after energy. Gold exports were worth £12.6 billion ($15.5
Continue Reading By Diksha Madhok, CNN Business Some of the world’s wealthiest nations are banning the import of Russian gold to further tighten the vise on Russia’s economy. US President Joe Biden announced Sunday that the United States will ban Russian gold, the country’s second most valuable export after energy. Gold exports were worth £12.6 billion ($15.5
Continue Reading By Chuck Johnston, CNN At least 730 flights were canceled across the United States on Sunday evening, according to the flight-tracking website FlightAware. Delta Air Lines alone canceled at least 224 flights on Sunday. United Airlines canceled 71 flights and American Airlines canceled 66 flights. CNN has reached out to the three airlines for comment
Continue Reading By Ramishah Maruf, CNN The overturning of Roe v. Wade is “one of the most important stories of our lifetime,” CNN’s chief media correspondent Brian Stelter said on “Reliable Sources” Sunday. But in 1973, the day after the decision came down, the main headline on many major newspapers was that former president Lyndon B. Johnson
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