international-business - News VMH

Nigerian AI artist creates a fashion show for elderly people | CNN

CNN  —  A fashion show that features elderly people as models is a rarity. One with elderly Black African models is even rarer. Perhaps that’s why Nigerian visual artist Malik Afegbua got so much attention from around the world when he posted images on social media last month showing seniors on a fashion runway, draped … Read more

McCarthy makes plea for Republicans to back debt ceiling plan | CNN Politics

CNN  —  Speaker Kevin McCarthy made a plea to House Republicans during a closed-door meeting Tuesday morning to back his debt ceiling plan, telling them that although it doesn’t have to include everything they want, it will help get him to the negotiating table with President Joe Biden. McCarthy also told members that once he … Read more

China’s economy shakes off Covid legacy to grow 4.5% in Q1 | CNN Business

Hong Kong CNN  —  China’s economy got off to a solid start in 2023, as consumers went on a spending spree after three years of strict pandemic restrictions ended. Gross domestic product grew by 4.5% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the … Read more

Family of victim and survivors of Indianapolis FedEx mass shooting file lawsuit against gun magazine manufacturer and distributors | CNN

CNN  —  The family of a victim and several survivors of a mass shooting at a FedEx facility in Indianapolis filed a lawsuit against companies involved in the manufacturing, marketing and sale of the high capacity magazine used by the gunman who killed 8 people and injured several others in 2021. The federal lawsuit, filed … Read more

Google-parent stock drops on fears it could lose search market share to AI-powered rivals | CNN Business

CNN  —  Shares of Google-parent Alphabet fell more than 3% in early trading Monday after a report sparked concerns that its core search engine could lose market share to AI-powered rivals, including Microsoft’s Bing. Last month, Google employees learned that Samsung was weighing making Bing the default search engine on its devices instead of Google’s … Read more

Tennessee Air National Guardsman applied to be a hitman online, the FBI says. It was a spoof website and now he’s facing charges | CNN

CNN  —  A Tennessee Air National Guardsman is facing charges after applying to be a hitman on a spoof “rent-a-hitman” website, according to the Department of Justice. Josiah Ernesto Garcia, 21, was charged Thursday after submitting an employment inquiry to the website rentahitman.com, which is a parody site that includes “testimonials” from purportedly satisfied hit-man … Read more

Still haven’t filed your taxes? Here’s what you need to know | CNN Business

New York CNN  —  So far this tax season, the IRS has received more than 100 million income tax returns for 2022. That means tens of millions of households have yet to file their returns. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 … Read more

Retail spending fell in March as consumers pull back | CNN Business

Washington, DC CNN  —  Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4% … Read more

Silicon Valley Bank collapse renews calls to address disparities impacting entrepreneurs of color | CNN Business

CNN  —  When customers at Silicon Valley Bank rushed to withdraw billions of dollars last month, venture capitalist Arlan Hamilton stepped in to help some of the founders of color who panicked about losing access to payroll funds. As a Black woman with nearly 10 years of business experience, Hamilton knew the options for those … Read more

‘A definitive backslide.’ Inside fashion’s worrying runway trend | CNN

CNN  —  Now that the Fall-Winter 2023 catwalks have been disassembled, it’s clear one trend was more pervasive than any collective penchant for ruffles, pleated skirts or tailored coats. Across runways in New York, London, Milan and Paris, there was a notable scarcity of plus-size models. This comes at a time when there are five … Read more

The $500 billion beauty industry’s ‘green’ ambitions are a patchwork at best. And they’re falling short | CNN

CNN  —  The escalating climate crisis is shifting many people’s purchasing patterns and this extends to the $500 billion dollar global beauty industry which is grappling with a range of sustainability challenges across product manufacturing, packaging and disposal. Strategy and consulting firm Simon Kucher’s Global Sustainability Study 2021 found 60% of consumers around the world … Read more

Britain’s pound is beating every other major currency this year | CNN Business

London CNN  —  The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it’s enjoying a comeback. Sterling hit its highest level against the US dollar in 10 months on Tuesday, topping $1.25 for the first time since June 2022. The pound, … Read more

Micron Technology: China probes US chip maker for cybersecurity risks as tech tension escalates | CNN Business

Hong Kong CNN  —  China has launched a cybersecurity probe into Micron Technology, one of America’s largest memory chip makers, in apparent retaliation after US allies in Asia and Europe announced new restrictions on the sale of key technology to Beijing. The Cyberspace Administration of China (CAC) will review products sold by Micron in the … Read more

Rewakening the ‘inflation monster,’ OPEC+ moves to send US gas prices higher | CNN Business

New York CNN  —  OPEC and its allies’ surprise move to slash oil production will soon be felt at US gas pumps. The group known as OPEC+ announced Sunday it would cut oil production by more than 1.6 million barrels a day starting in May, running through the end of the year. The news sent … Read more

Video shows moment of deadly explosion at cafe in Russia | CNN

Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues Ad never loaded Ad prevented/slowed the page from loading Content moved around while ad loaded Ad was repetitive to ads I’ve seen … Read more

Dogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu | CNN Business

New York CNN  —  Twitter’s traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the joke cryptocurrency that CEO Elon Musk is being sued over. Musk addressed the change Monday afternoon, tweeting, “as promised” above an image of a year-old conversation in which another user … Read more

Study finds slightly higher risk of autism diagnosis in areas with more lithium in drinking water, but experts say more research is needed | CNN

CNN  —  A new study found a moderately higher risk of autism spectrum disorder in children born to pregnant people exposed to tap water with higher levels of lithium, but experts caution that this association does not show a direct link between the two. About 1 in 36 children in the US is diagnosed with … Read more

HSBC’s top execs face tense shareholders calling for a breakup | CNN Business

Hong Kong CNN  —  HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be split up. At an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn took questions from investors on issues ranging from how … Read more

Opinion: Why is ‘60 Minutes’ amplifying the views of Marjorie Taylor Greene? | CNN

Editor’s Note: Dean Obeidallah, a former attorney, is the host of SiriusXM radio’s daily program “The Dean Obeidallah Show.” Follow him @DeanObeidallah@masto.ai. The opinions expressed in this commentary are his own. View more opinion on CNN. CNN  —  Last year, GOP Rep. Marjorie Taylor Greene of Georgia spoke at a white nationalist event organized by … Read more

China Renaissance suspends trading, delays results after founder’s disappearance | CNN Business

Hong Kong CNN  —  China Renaissance, a top dealmaker in the country’s tech industry, said it would suspend trading of its shares and delay the release of its annual results because it still can’t get in touch with its founder. Bao Fan, 52, started the boutique investment bank in 2005 and has been unreachable since … Read more

CEOs are tired of being held responsible for gun regulation | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  Americans have grown used to corporate executives treading the well-worn paths of the Northeast … Read more

Video shows moment man throws yogurt on two women in Iran | CNN

Video shows an incident at a store in the Iranian city of Shandiz where a man approached two unveiled women before proceeding to grab a tub of yogurt from the store and throw it, hitting both women in the head. The video then appears to show a male staff member removing the suspect from the … Read more

The haunting Masters meltdown that changed Rory McIlroy’s career | CNN

CNN  —  Slumped on his club, head buried in his arm, Rory McIlroy looked on the verge of tears. The then-21-year-old had just watched his ball sink into the waters of Rae’s Creek at Augusta National and with it, his dream of winning The Masters, a dream that had looked so tantalizingly close mere hours … Read more