Money

Venezuela raises minimum wage again

Why Venezuelans are protesting Venezuela’s president hiked the nation’s minimum wage another 60% on Sunday in response to the country’s ongoing economic crisis. President Nicolas Maduro announced the change on his weekly television show. It’s the latest in a series of hefty increases to the minimum wage that have been issued as the country’s currency plunges in value. Though the wage hike sounds significant, the country’s price of food, goods and medicine is skyrocketing, which has made basic purchases too expensive for many Venezuelans. The crisis has driven Venezuelans into ...

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Alfa Romeo is back and it's a blast

The Alfa Romeo Quadrifoglio is a blast to drive, about as much fun as any sedan ever. The price is high, though. The Alfa Romeo Giulia Quadrifoglio is just about the most fun, in the most everyday situations, of any car four-door sedan I’ve ever driven. It’s sharp, it’s powerful, it’s quick. But, before we get too excited, let’s get a couple of important things out of the way. For starters, there’s the price. The Quadrifoglio name and the clover just behind the front wheel mean this is the high-performance ...

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Trump's chief of staff: 'We've looked at' changing libel laws

A top White House aide says changing libel laws is “something we’ve looked at” — echoing some of President Trump’s strongest anti-media rhetoric. Reince Priebus, the president’s chief of staff, said during an interview on ABC’s “This Week” on Sunday that the White House has discussed potential changes to laws that are intended to safeguard free speech. “How it gets executed or whether that goes anywhere is a different story,” Priebus said. But he added that he thinks “newspapers and news agencies need to be more responsible with how they ...

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More tech earnings; Jobs report; Berkshire's annual meeting

Investors eye Apple earnings 1. More tech earnings: Once again, it’s a big week for tech. Apple(AAPL, Tech30) is reporting second quarterly earnings on Tuesday, and Facebook(FB, Tech30) and Tesla(TSLA) are both reporting first-quarter earnings on Wednesday. Apple has a lot to live up to — after three straight year-over-year sales declines, the company finally started growing again in the first quarter. Since then, the tech giant’s stock hit an all-time high. Tesla’s also been having a good streak. In April, it inched past GM(GM) to become the most valuable ...

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China deports U.S. businesswoman it convicted of spying

Sandy Phan-Gillis was detained by Chinese authorities in March 2015 during a business trip. China has deported an American businesswoman whom it convicted of spying a few days earlier. Sandy Phan-Gillis spent more than two years in Chinese custody after being detained in March 2015 during a business trip with officials from Houston. She arrived back home in the U.S. late Friday, according to Shang Baojun, her lawyer in China. A court in the southern Chinese city of Nanning on Tuesday had sentenced her to three-and-a-half years in prison and ...

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A hacker says it has the new season of Netflix's 'Orange is the New Black'

Watch the trailer for season 4 of ‘Orange is the New Black’ An anonymous hacker claims to have stolen the fifth season of Netflix’s hit series “Orange is the New Black” and posted most of it online after the company says it ignored a request for ransom money. Netflix responded Saturday in a statement to CNNMoney, saying it’s “aware of the situation” and “the appropriate law enforcement authorities are involved.” The hacker said in a note posted on Twitter Saturday that it released the first episode on Friday. The hacker’s ...

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'Not the White House Correspondents' Dinner' team was as thrilled about cameos as you

Samantha Bee on press freedom and Trump “Full Frontal” correspondents Ashley Nicole Black, Amy Hoggart, and Mike Rubens were less than an hour removed from an event that’s been in the works for months, and their joy was still palpable. Samantha Bee’s “Not the White House Correspondents’ Dinner” was an idea born last November, when the future of the actual White House Correspondents’ Dinner was in question. And her team has been cooking up ideas for months in the lead-up. On Saturday, their work came to fruition at DAR Constitution ...

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Will Ferrell returns as Bush for 'Not the White House Correspondents' Dinner'

President Donald Trump may have skipped the White House Correspondents’ Dinner, but Will Ferrell made sure at least one president showed up to Samantha Bee’s “Not the White House Correspondents’ Dinner.” The actor resurrected his impersonation of former president George W. Bush for the event, which was held in support of the Committee to Protect Journalists. “How do you like me now?” Ferrell joked in his iconic Bush twang, to huge laughs from the crowd of about 2,600. “History has proven to be kinder to me than many of you ...

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If Trump wants a new NAFTA, here's what he has to do

NAFTA explained President Trump has agreed to renegotiate NAFTA, the free trade deal between the US, Mexico and Canada. But he’s warning everyone: If a new deal isn’t good, he’ll pull the US out. For its part, Mexico has said the same: It needs a win-win deal too or it will withdraw. Canada is also demanding a good deal. Before he gets a new deal, Trump has a long list of things to do and to worry about. Here is Trump’s NAFTA to-do list: 1. Get Lighthizer confirmed: Rober Lighthizer ...

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Week in tech: Bullied robots, 'flying cars' and apps for addicts

This app wants to reprogram your addiction Some weeks you just want to unwind with a few cocktails and beat up a robot. Since that can land you in jail, try decompressing with a look back on some tech news you may have missed. Technology for good Let’s start with the good. These startups are tackling addiction in an effort to destigmatize it and pioneer new ways of prevention and treatment. They’re using machine learning, apps, and online support networks to offer modern alternatives to AA. Meanwhile, Monday was Holocaust ...

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