BMW’s Mini apologizes after meltdown over ice cream at Shanghai auto show
By Nectar Gan, CNN BMW has landed in hot water in China over tubs of ice cream. The luxury German automaker’s Mini unit had to apologize…
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Lachlan Murdoch drops defamation suit against Australian outlet Crikey in wake of massive Dominion settlement
By Oliver Darcy, CNN Fox Corporation chief executive Lachlan Murdoch on Friday dropped his defamation lawsuit against the publisher of Crikey, the…
Continue ReadingSmartmatic wants more than Dominion’s $787 million payout, plus a retraction from Fox for its 2020 election lies, lawyer says
By Marshall Cohen, CNN A top lawyer for Smartmatic, the voting technology company whose defamation lawsuit against Fox News is still pending, said…
Continue ReadingBlackstone is the latest victim of the weakening commercial real estate market
By Nicole Goodkind, CNN The ongoing commercial real estate slowdown has a new victim: Blackstone, the largest owner of commercial real estate…
Continue ReadingThe $787.5 million settlement Fox agreed to pay is a lot. But its net cost will likely be much less
By Jeanne Sahadi, CNN The $787.5 million settlement that Fox News has agreed to pay in the historic defamation case from Dominion Voting Systems is a…
Continue ReadingMarkets are starting to get worried about the debt ceiling
Elisabeth Buchwald, CNN You’d hardly know by looking at financial markets that the US debt limit was breached in January. But that’s…
Continue ReadingTesla shares plunge on lower prices, tighter profit margins
By Chris Isidore, CNN Tesla has cut the prices of its EVs repeatedly this year. Now investors are cutting the price of its shares. Shares of Tesla…
Continue ReadingCFPB says employee sent confidential data of 256,000 consumers to personal email
By Krystal Hur, CNN An employee at the Consumer Financial Protection Bureau sent confidential data about hundreds of thousands of consumer accounts…
Continue ReadingCEO questions whether parents who are primary caregivers are being ‘fair’ to employers and children
By Chris Isidore, CNN A Utah CEO who is demanding that many of his remote employees start working in the company’s offices says staff members…
Continue ReadingMortgage rates climb to the highest level in a month
By Anna Bahney, CNN Mortgage rates rose this week, after five weeks of falling. The 30-year fixed-rate mortgage averaged 6.39% in the week ending…
Continue ReadingSecretary Yellen says national security may come at a cost in US-China relationship
Bryan Mena, CNN The United States will safeguard its national security, even if it comes at an economic cost to its relationship with China, US…
Continue ReadingCEO apologizes after ‘pity city’ speech backfires
By Allison Morrow, CNN The CEO whose “pity city” speech backfired spectacularly is now apologizing to her employees. “I feel…
Continue ReadingHome sales fell in March, reversing gains
By Anna Bahney, CNN US home sales fell in March, after a turnaround in February that followed a full year of declining home sales due to surging…
Continue ReadingBuzzFeed News will shut down
By Oliver Darcy, CNN BuzzFeed News, the Pulitzer Prize-winning digital news website that took the internet by storm roughly a decade ago and inspired…
Continue ReadingIkea stores coming soon to 8 new US locations
By Anna Cooban, CNN Ikea is planning to splash €2 billion ($2.19 billion) to expand its furniture empire in the United States in what will be the…
Continue ReadingAnheuser-Busch facilities face threats after Bud Light backlash
By Danielle Wiener-Bronner, CNN Several Anheuser-Busch facilities received threats last week, a company spokesperson confirmed, following weeks of…
Continue ReadingThe world’s biggest banks are still pouring money into fossil fuels
By Nicole Goodkind, CNN Banks have pledged to go green, but last year they poured billions of dollars into expanding the capacity of fossil fuel…
Continue ReadingSmartmatic could be Fox’s next big problem
By Jennifer Korn, CNN Fox News’ legal battle with Dominion Voting Systems is over. It now has to deal with Smartmatic, which is seeking…
Continue ReadingBed Bath & Beyond stiffed thousands of workers on severance pay
By Nathaniel Meyersohn, CNN In early February, Diane Zaccagna learned that the Bed Bath & Beyond store in New Jersey where she had been working…
Continue ReadingChinese electric car makers suffer as Elon Musk doubles down on Tesla price war
By Laura He, CNN Shares in Tesla’s Chinese rivals fell on Thursday, after CEO Elon Musk signaled that the company will continue cutting prices…
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