Money

By Diksha Madhok, CNN (CNN) — Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank in yet another instance of creditors taking legal action to reclaim money from troubled developers in the world’s second-largest economy. A “winding-up petition” was filed against the company by China

CNN By Alexandra Banner, CNN (CNN) — Huge swaths of North America today will suddenly darken and the clouds will eerily vanish — a cue for sky-watchers that the total solar eclipse is about to begin. The celestial event itself will have no effect on wireless networks but phone providers are preparing for potential disruptions

By Pete Muntean and Philip Wang, CNN New York (CNN) — A Houston-bound Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport on Sunday after an engine cover fell off and struck the wing flap, according to the Federal Aviation Administration. The agency said it will investigate. In recorded air traffic

By Nicole Goodkind, CNN New York (CNN) — Nathan Frederiksen is doing pretty well for himself. He turns 40 this year and is on track to retire by 60. It takes some sacrifice — he drives the “unsexiest car ever,” takes a DIY approach to home repairs and doesn’t eat out much — but he’s

By Peter Valdes-Dapena, CNN (CNN) — Last quarter, Tesla posted its first annual sales decline since the pandemic — a drop that was significantly worse than expected. The company blamed a weak Chinese economy, arson at its German factory and supply constraints because of escalating conflict in the Middle East. Those factors certainly aren’t helping.

By Jacob Lev, CNN (CNN) — Days after the Iowa Hawkeyes set the all-time ratings record for a women’s college basketball game in their Elite Eight win over the Louisiana State University Tigers, the team set yet another record. The Hawkeyes’ 71-69 victory on Friday over the UConn Huskies in the Final Four averaged 14.2

CNN By Alexandra Banner, CNN (CNN) — Huge swaths of North America today will suddenly darken and the clouds will eerily vanish — a cue for sky-watchers that the total solar eclipse is about to begin. The celestial event itself will have no effect on wireless networks but phone providers are preparing for potential disruptions

By Samantha Murphy Kelly, CNN (CNN) — When Diane Gayeski, a professor of strategic communications at Ithaca College, receives an essay from one of her students, she runs part of it through ChatGPT, asking the AI tool to critique and suggest how to improve the work. “The best way to look at AI for grading

By John Towfighi, CNN (CNN) — As darkness envelops millions of people during Monday’s total solar eclipse, spectators will hold their cellphones skyward to capture the moment. But could the surge in cell usage cause networks to go dark? Across city centers and rural towns, network providers and public officials say they are preparing for

By Nathaniel Meyersohn, CNN New York (CNN) — Hungry at 3 a.m.? Head home and go to sleep. You’re out of luck. Shift workers, bar-hoppers and night owls don’t have nearly as many late-night dining options as they did during the pre-pandemic heyday of 24-hour diners and restaurants. And it’s not just restaurants. Walmart, four

By Anna Cooban, CNN London (CNN) — It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. Staff are closing the windows in The French House, one of the city’s most popular pubs. Lesley Lewis, its owner of 35 years, says she would like to stay open later, but

By Peter Valdes-Dapena, CNN (CNN) — Elon Musk has long had an affinity for self-driving vehicles, claiming they will be one of Tesla’s most important products. Despite big promises, years have gone by without cars that can, so far, drive on their own. But Musk, on a Friday afternoon, when companies tend to bury news,

By Parija Kavilanz, CNN (CNN) — Walmart shoppers could be entitled to as much as $500 as part of a class-action lawsuit settlement by the retailer over allegations that it overcharged customers for certain products. A lawsuit initially filed in late 2022, and subsequently amended in 2023, alleged that Walmart “falsely inflated” the prices of

By Allison Morrow, CNN New York (CNN) — Meta blocked a newspaper’s critical report about it on Facebook and its other social sites for hours, sparking a backlash that intensified after the company appeared to subsequently block links to the website of an independent journalist who republished the report. The controversy began Thursday morning when

By Ramishah Maruf and Jeff Winter, CNN New York (CNN) — Smoky, hazy gambling floors have long been part of the Atlantic City casino experience for some people. But on Friday, the United Auto Workers and another group filed a lawsuit against New Jersey Gov. Phil Murphy and the state’s health commissioner claiming that a

By Chris Isidore, CNN New York (CNN) — Boeing CEO Dave Calhoun was awarded a giant stock bonus on top of his more-than-a-million-dollar salary last year, despite overseeing a company that has been plagued by chronic losses and safety problems. Calhoun’s total compensation in 2023 was $32.8 million, a 45% increase from the $22.6 million

By Jeanne Sahadi, CNN New York (CNN) — For the first time in nearly two decades, the percentage of women in the C-suite at publicly traded US companies has dropped. And growth in the percentage of women in senior corporate leadership roles overall barely budged from 2022 to 2023. That’s according to a new report

By Matt Egan, CNN (CNN) — Shares of Truth Social owner Trump Media & Technology Group tumbled 12% on Friday, sinking to their lowest level since the company went public last week. The selloff has erased nearly $2 billion from the value of former President Donald Trump’s stake in the company this week. Trump Media

By Jon Passantino and Oliver Darcy, CNN (CNN) — ESPN executive Norby Williamson, who came under attack in recent months from host Pat McAfee in an on-air rant accusing the network veteran of “sabotage,” will depart the sports network. The move was announced Friday in a memo to staff from ESPN president of content Burke

By Parija Kavilanz, CNN New York (CNN) — Millions of packets of popular laundry detergent pods made by Procter & Gamble have been recalled due to faulty packaging, which pose a serious risk of accidental ingestion by young children and may cause facial injuries, the US Consumer Product Safety Commission said Friday. The recall involves