New York (CNN Business)New General Electric boss Larry Culp just got a fresh reminder of the debt-riddled balance sheet he’s inheriting. Barely 24 hours after Culp became CEO, S&P Global Ratings downgraded the credit ratings of GE (GE) and GE Capital. Moody’s and Fitch warned they could do the same. All three ratings firms cited

(CNN)A rare spot of happy news: Apple is finally getting a llama emoji. And a raccoon, bagel, frisbee and mosquito emoji, too. The company said it will likely add 70 new emoji for iPhone and iPad users later this month. Beta testers and developers who update to iOS 12.1 will see the new emoji starting

Beth Ford’s first job paid $2 an hour. Early in the morning, she climbed on the school bus to go detassel corn, joining other kids in Sioux City, Iowa, who did it as a summer job. “Back then, two dollars an hour, that was real money,” Ford tells CNN’s Poppy Harlow in the latest episode

This story originally published October 3, 2018 New York (CNN Business)Employers and workers together are spending close to $20,000 for family health insurance coverage in 2018, according to a new Kaiser Family Foundation report. Although premiums have increased fairly modestly in recent years, the growth has far outpaced workers’ raises over time. The average family

London (CNN)Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation. Stadler has left the board of management of Audi parent company Volkswagen (VLKAF) and stepped down as chairman of the premium brand’s management board, the autos group said in a statement Tuesday.

New York (CNN Business)A tumultuous quarter at Tesla ended with some very good sales numbers. The company delivered 83,500 vehicles during the third quarter, a strong performance that should calm investor fears about logistical problems and a looming cash crunch. That included almost 56,000 of the lower-priced Model 3. Production was a bit below that

This story originally published on October 2, 2018. New York (CNN Business)Tencent Music has filed plans to go public in the United States in what could be one of the biggest recent US IPOs by a Chinese company. The company set a placeholder target of $1 billion, which could value the company between $25 and

Facebook says it has not found any evidence “so far” that its attackers accessed third-party sites through Facebook Login. It’s a sliver of good news about a massive data breach that the company first disclosed last week. Attackers accessed as many as 50 million accounts in the largest such breach of Facebook’s network. “We have

Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019. Annual contribution limits to 401(k)s will increase to $19,000 from $18,500. And the annual contribution to an IRA, last increased in 2013, rises to $6,000 from $5,500. “This is another win for investors