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CNN – Business/Consumer

Inside the Bari Weiss decision that led to a ‘60 Minutes’ crisis

By Brian Stelter, CNN (CNN) — Earlier this month, after President Donald Trump blasted “60 Minutes” for interviewing Marjorie Taylor Greene, correspondents noticed a change behind the scenes. “Bari Weiss got personally involved,” specifically with stories about politics, a source at the program told CNN. It was her prerogative as the new editor-in-chief of CBS

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Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion

By David Goldman, CNN (CNN) — Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family

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CBS shelves ‘60 Minutes’ story on Trump deportees at the last minute: ‘People are threatening to quit,’ staffers say

By Brian Stelter, CNN (CNN) — CBS News suddenly shelved a “60 Minutes” segment featuring the accounts of Venezuelan men deported by the Trump administration to a notorious maximum-security prison in El Salvador. Now one of its own correspondents fears the program is being “dismantled,” and some employees are threatening to quit. The correspondent who

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‘Avatar: Fire and Ash’ lights up the box office with $88 million opening

By Auzinea Bacon, CNN (CNN) — Moviegoers escaped into director James Cameron’s sci-fi universe this weekend, driving the third installment of the “Avatar” franchise to an estimated $88 million domestically. The opening was shy of analysts’ expectations that it could earn more than $100 million in its first weekend. The first “Avatar” movie debuted in

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‘Avatar: Fire and Ash’ lights up the box office with $88 million opening

WALT DISNEY PICTURES, PARAMOUNT PICTURES, LIONSGATE, ANGEL STUDIOS, 20TH CENTURY STUDIOS, CNN By Auzinea Bacon, CNN (CNN) — Moviegoers escaped into director James Cameron’s sci-fi universe this weekend, driving the third installment of the “Avatar” franchise to an estimated $88 million domestically. The opening was shy of analysts’ expectations that it could earn more than

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The tech firm that helped police find the Brown shooting suspect has sparked privacy concerns. Its CEO responds

By Clare Duffy, CNN New York (CNN) — On Thursday afternoon in New York City, I sat down with Flock Safety CEO Garrett Langley. We met to discuss the company’s expansion from making cameras for reading license plates to building drones for law enforcement, and his response to recent privacy concerns surrounding Flock’s technology. Just

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Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’

By Alicia Wallace, CNN (CNN) — Inflation unexpectedly – and sharply – slowed in November, a seemingly welcome change for Americans weighed down by the persistently high cost of living. However, economists were quick to caution Thursday that the Consumer Price Index slowing to 2.7% from 3% in September was likely the result of shutdown-related

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Trump’s social media business is merging with a nuclear fusion company

By Matt Egan, Chris Isidore, Laura Paddison, Ella Nilsen, CNN (CNN) — President Donald Trump’s social media and crypto company is making a huge bet on a far different industry – nuclear fusion, a potentially lucrative albeit commercially unproven energy technology that could help power a suddenly electricity-starved economy. Trump Media and Technology Group Thursday

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Executives at subprime auto lender Tricolor face fraud charges following bankruptcy

By Chris Isidore, CNN (CNN) — Federal prosecutors have charged top executives at the subprime auto lender Tricolor with conspiring to defraud lenders and investors of the now-bankrupt company. Tricolor, which went out of business in September, specialized in offering loans and selling used cars to buyers without Social Security numbers or credit histories, often

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