Money

By Nathaniel Meyersohn, CNN New York (CNN) — Nike Air Force 1 and Nike Pegasus sneakers are everywhere. That’s a problem for Nike, and it wants to make them harder to buy. Nike is scaling back production of these classic sneaker lines to prevent discounting and make room for its newer lines. The Air Force

By David Goldman, CNN New York (CNN) — Chick-fil-A is ditching its “no antibiotics ever” promise. Citing diminishing chicken supply, Chick-fil-A will back off its pledge never to serve chicken that was fed antibiotics, and instead it will embrace a looser industry standard: “no antibiotics important to human medicine.” Chick-fil-A first announced that it would

By Chris Isidore, CNN New York (CNN) — Boeing CEO Dave Calhoun said Monday he intends to leave the beleaguered company by the end of the year in a major shakeup of the company’s leadership. Boeing’s chairman and the head of the commercial airplane unit are also leaving. Boeing’s chairman, Larry Kellner, will not stand

By Olesya Dmitracova, CNN London (CNN) — The European Union has launched investigations into Apple, Google and Facebook parent Meta on suspicion that they are failing to comply with a new landmark European law designed to promote competition in digital services. The European Commission said it “suspects” that various practices by all three companies “fall

By Elizabeth Wolfe, CNN (CNN) — The winning numbers for Monday’s estimated $800 million Powerball jackpot – which would be one of the largest prizes in the lottery’s history – have been drawn. The numbers are 7, 11, 19, 53 and 68 with a red Powerball of 23. This was the first of two opportunities

By Nicole Goodkind, CNN New York (CNN) — It’s been a bumpy road for the stock market this year, but investors aren’t complaining. That’s because markets have rallied to new highs and have already soared past analysts’ 2024 estimates. The S&P 500 has surged more than 10% since January, and last week it surpassed Goldman

By Oliver Darcy, CNN (CNN) — Former “Meet the Press” moderator Chuck Todd delivered a stunning rebuke of NBC News on Sunday, blasting the network for hiring former Republican National Committee chair Ronna McDaniel as a paid political analyst. Todd, who serves as the network’s chief political analyst, delivered his scathing criticism after McDaniel made

By Chris Isidore, CNN New York (CNN) — The reports of harrowing and sometimes tragic incidents aboard airplanes accelerated this year, leading many to wonder if it’s still safe to fly. A door plug blew out on an Alaska Airlines flight leaving a gaping hole in the Boeing 737 Max fuselage. Passengers’ phones and clothing

By Ramishah Maruf, CNN New York (CNN) — Bring up installing a bidet to the average American before the pandemic, and they might have likely flushed the idea straightaway. The bathroom washer business, once a foreign concept to many in the US, experienced a huge boom during the Covid-19 pandemic, when shoppers were battling over

By Elisabeth Buchwald, CNN New York (CNN) — Listing your home in the spring used to be a no-brainer. But a major real estate shakeup is complicating the equation. That shakeup is coming from a $418 million settlement the National Association of Realtors announced last week with groups of homesellers that could go into effect as early

By Sara Smart, CNN (CNN) — When the next Powerball numbers are drawn Monday night, a lucky lottery player somewhere in the country could win an estimated $800 million grand prize. No tickets matched all six numbers for the $750 million jackpot in Saturday night’s drawing, so the jackpot continued to swell, according to the lottery. The

By Samantha Delouya and Nicole Goodkind, CNN (CNN) — The Federal Aviation Administration warned Saturday its increased oversight of United Airlines — after a string of nearly a dozen incidents on flights this month — may mean the troubled airline will have to put some of its future plans on hold. “Due to recent safety

By Casey Tolan and Rene Marsh, CNN (CNN) — The nation’s largest credit union said this week that an external review found it hadn’t considered race in mortgage underwriting, responding to CNN’s previous reporting about racial gaps in its mortgage approval rates. Navy Federal Credit Union, which has more than 13 million members and lends to military

By Whitney Wild, CNN Chicago (CNN) — This winter, every morning that hotel owner Kelli Doyen looked outside her window, she hoped to see the Gwinn Model Towne Inn’s snowmobile caked in snow. “We are one of only four properties that has a snowmobile trail right off the property,” said Doyen, who co-owns the hotel

By Brian Fung, CNN Washington (CNN) — Every week, Cynthia George connects with her granddaughter and great-grandson on video calls. The 71-year-old retiree reads the news on her MSN homepage and googles how to fight the bugs coming from her drain in Florida’s summer heat. She hunts for grocery deals on her Publix app so

By Allison Morrow, CNN New York (CNN) — There are certain bad design decisions that seem to persist for no good reason. Like when you buy a pair of scissors but can’t get to them because they’re trapped inside a hard plastic shell that requires scissors to open. Or the Apple mouse, with its port

By John Towfighi, CNN (CNN) — Technology has revolutionized how people book travel, buy groceries and manage their everyday finances. Yet, the process of buying a home has withstood many similar changes. Sites like Redfin and Zillow provide a way for buyers and brokers to connect online, but the role of real estate agents in

By Sara Smart, CNN (CNN) — With no winner of the Mega Millions jackpot Friday, the grand prize for Tuesday’s drawing grew past the billion-dollar mark, according to the lottery. The jackpot for the next drawing on Tuesday night – an estimated $1.1 billion – marks the first time in seven months that the jackpot prize has topped

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