Money

By Eric Cheung, Will Ripley and John Mees, CNN Taichung, Taiwan (CNN) — Until just a few years ago, the world’s largest chipmaker had a simple answer to training new recruits — a buddy system that paired them up with senior engineers tasked with showing them the ropes. All that changed three years ago, when

By Gregory Wallace and Samantha Delouya, CNN (CNN) — The Federal Aviation Administration will take a closer look at safety at United Airlines after a string of nearly a dozen incidents this month, the airline said in a memo Friday. “Over the next several weeks, we will begin to see more of an FAA presence

By Peter Valdes-Dapena, CNN (CNN) — Stellantis is recalling almost 285,000 Dodge Charger and Chrysler 300 sedans in the United States because they have side curtain airbag inflators that could burst, sending metal shrapnel flying through the cabin. Airbag inflators rely on a chemical reaction that produces gas that rapidly inflates the airbag. Moisture may

By Oliver Darcy, CNN (CNN) — NBC News on Friday announced that it had hired Ronna McDaniel, the former Republican National Committee chair who has repeatedly attacked the network and its journalists, assailed the news media as “fake news” and promoted false claims around the 2020 vote, as an on-air commentator ahead of the 2024 presidential election. “It couldn’t be a more

By Jeanne Sahadi, CNN (CNN) — After no ticket matched all numbers drawn in Tuesday night’s Mega Millions lottery, anyone feeling lucky has another chance to win the jackpot, which now stands at a whopping $977 million, at the Friday drawing. To be sure, there’s nothing wrong with fantasizing about winning the grand prize, or dropping

By Krystal Hur, CNN New York (CNN) — Donald Trump is now more likely than ever to make a Wall Street comeback — and that has escalated the meme-trading frenzy surrounding the former president. Shareholders of Trump Media, the parent company of Trump’s social media platform, Truth Social, voted Friday to approve a merger with Digital World Acquisition

By Nicole Goodkind, CNN New York (CNN) — US stocks ended a huge week on a mediocre note, but investors on Wall Street are still likely popping champagne bottles as they close out one of the strongest weeks of the year for markets. The Dow Jones Industrial Average dipped 306 points, or 0.7%, on Friday.

CNN By Matt Egan, CNN (CNN) — Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The green light from shareholders clears a major hurdle for a long-delayed merger that will generate a multi-billion dollar windfall for former President Donald Trump at a time when he’s

By Anna Cooban, CNN London (CNN) — Things have gone from bad to worse for Adidas. After a costly break-up with US rapper Ye that helped push the German sportswear giant into a rare loss last year, it’s now suffered a bruising defeat on home turf. The German Football Association (DFB) announced Thursday that the company’s

By Sara Smart and Chris Isidore, CNN Atlanta (CNN) — Passengers on board the Alaska Airlines Boeing 737 Max 9 that suffered a terrifying midair blowout in January have received a letter from the FBI saying they may be victims “of a crime.” Attorney Mark Lindquist, who represents multiple passengers that were on Alaska Airlines

By Matt Egan, CNN (CNN) — Truth Social owner Trump Media will begin trading Tuesday as the merger closes Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The green light from shareholders clears a major hurdle for a long-delayed merger that will generate a multi-billion

By Elizabeth Wolfe, CNN (CNN) — The Mega Millions jackpot has inched just short of $1 billion, offering an estimated $977 million top prize in Friday night’s drawing. Friday’s winning numbers are 3, 8, 31, 35, 44 and the Mega Ball is 16. Friday’s jackpot would be the lottery’s sixth largest. Mega Millions’ five largest

By Brian Fung, CNN (CNN) — A federal judge has dismissed a criminal indictment against seven Twitter users and a podcaster accused of running a $100 million stock manipulation scheme over social media. The Justice Department did not do enough to describe the influencers’ activities as a “scheme to defraud,” wrote District Judge Andrew Hanen of the US

By Ramishah Maruf, CNN New York (CNN) — Nestlé USA is recalling more than 440,000 metallic Starbucks-branded holiday mugs because they can overheat or break when microwaved or filled with extremely hot liquid. The US Consumer Product Safety Commission said Thursday there have been 12 instances of the mugs overheating or breaking, resulting in 10 injuries.

By Clare Duffy, CNN New York (CNN) — Reddit, one of the original social media companies, is finally making its debut on the New York Stock Exchange Thursday — more than a decade after many of its peers. Trading under the ticker “RDDT,” shares started trading at $47 and reached a high of $57.80 early Thursday afternoon,

By Nathaniel Meyersohn, CNN New York (CNN) — Birkin handbags are some of the priciest, most exclusive bags in the world. Hermès produces a limited number of Birkins and they can sell for around $450,000. And just having the money often isn’t enough. A new lawsuit brought by two customers in California who were unable

By David Goldman, CNN New York (CNN) — “Buy your mom an iPhone.” That was Apple CEO Tim Cook’s famous response at Vox’s 2022 Code Conference, when a reporter complained that her mother couldn’t see the videos she texted to her mom’s Android phone because they were grainy and slow. It’s also a quip that