Here is the latest Money News from CNN Money.
Top South Korean exec found dead hours before prosecutor questioning
A top executive at a South Korean company facing a corruption investigation was found dead early Friday just hours before he was due to be questioned by prosecutors.
Stocks: 4 things to know before the open
Read full story for latest details.
3 reasons the French economy is slumping
More bad news for France: Economic growth ground to a halt in the three months through June.
Netflix jokes about North Korean knockoff ‘Manbang’
Netflix doesn’t appear to be taking its newest competitor very seriously.
Sales spike for burkini makers amid French crackdown
A French ban on the burkini — a swimsuit that covers the whole body except for the face, hands and feet — is boosting sales of the beachwear.
What has changed since the WDBJ shooting one year ago
On Friday morning the Roanoke, Virginia television station WDBJ will mark the one year anniversary of Alison Parker and Adam Ward’s deaths with a moment of silence on the air.
These smartphone makers are beating Apple in China
Apple is having a rough ride in China, where its main revenue-generating product — the iPhone — is facing increasingly fierce competition from homegrown tech companies.
Ryan Lochte scores endorsement from ‘forgiving’ cough drop maker
While other companies have dropped Olympic swimmer Ryan Lochte, Pine Bros. cough drops have signed him to a new endorsement deal.
iPhone vulnerability used to target journalists, aid workers
Read full story for latest details.
Volkswagen agrees to compensate US dealers over emissions scandal
The cost of Volkswagen’s emissions scandal keeps climbing. The company has now agreed on compensation for the dealerships that had diesel VW cars on their lots that turned out to be rigged to cheat on emissions tests.
A Trump presidency would benefit these businesses
If Donald Trump is the next president, investment bank UBS says these five industries will likely “flourish.”
Hillary Clinton slams Trump for ties to ‘alt-right’ media
Seeking to forever tie Donald Trump to the “alt-right” and its media icons, Hillary Clinton on Thursday delivered a stemwinding indictment of Trump and his embrace of extreme conservative media, rhetoric and conspiracy theories.
Ed Henry returning to Fox News after affair revelation
Fox News’ former White House correspondent Ed Henry will be back on the air after a four month break that followed the revelation he had an affair with a Las Vegas hostess.
Kareem Abdul-Jabbar: Men have ‘gotta get over’ their issues with equal pay
Kareem Abdul-Jabbar isn’t afraid to express himself. His latest target? The gender pay gap.
HLN cancels ‘Dr. Drew’
It’s a wrap for Dr. Drew Pinsky’s show on HLN.
Pacemaker hacking claims ‘absolutely untrue’: St. Jude
St. Jude Medical rejected claims made by a famous short seller on Thursday that the company’s pacemakers and other lifesaving devices are vulnerable to cyber attacks.
Uber tests $2 flat rate fares to take on public transit
It costs $2.25 to ride a city bus in San Francisco. Uber thinks you can do better.
Uber bleeds more than $1 billion in six months
Uber may be the most valuable privately held company in the world, but that doesn’t mean it’s making money.
Global trade at slowest pace in 7 years
Companies across the world are pumping the brakes this year on shipments and new purchases from overseas.
EpiPen CEO: Blame the ‘broken’ system, not me
Heather Bresch, the Mylan CEO under fire for skyrocketing EpiPen costs, believes Americans should redirect their anger toward a “broken” health care system.
‘The Rock’ is Hollywood’s highest paid actor
Dwayne “The Rock” Johnson is crushing the competition as Hollywood’s highest paid actor.
Celebrate National Parks’ 100th birthday by joining Obama on a (virtual) tour of Yosemite
Read full story for latest details.
Jimmy Choo’s stock is spiking. Here’s why
Investors are drooling over Jimmy Choo shares after the company said sales of men’s shoes are spiking and its business in China is booming.
Singapore residents can now ride in a self-driving taxi
The race to offer self-driving vehicles is in full swing around the world.
Whatsapp will share your phone number with Facebook
If you use WhatsApp for messaging friends and family, get ready for Facebook to learn even more about you.
Here’s what happened to AIDS drug that spiked 5,000%
Read full story for latest details.
Colombia’s 50-year civil war ends, paving way for a more prosperous era
The 50-year civil war is over in Colombia, setting the stage for a more prosperous era in the country.
World’s best students are turning their backs on Britain
Britain is quickly losing its charm for some of the world’s brightest talent.
How Facebook’s AI could change your life (or at least help you eat better)
The incredible popularity of Pokemon Go has exposed millions to the promise of augmented reality.
Breitbart, Drudge ignore Trump’s immigration pivot
Immigration is a beloved topic at Breitbart News. The right-wing site aggressively promotes a border wall, opposes amnesty and seems eager to incite fear of illegal immigrants.
Tiffany sales plunge as tourists rein in spending
Sales at Tiffany have plunged, and the luxury jeweler is blaming tourists’ drop in spending.
Meet the man behind MTV’s Moon Man statue
In Queens, NY, there’s a small conference room that boasts a trophy wall like no other.
Mylan pledges to make EpiPen more affordable
Read full story for latest details.
MTV’s VMAs in a New York state of mind
The MTV Video Music Awards are coming home — sort of.
5 ways tech is helping Italian earthquake rescue efforts
Tech companies are offering their services to help the rescue efforts in Italy after a devastating earthquake.
How Tesla caused home prices to soar in this Nevada town
What happens when a flashy luxury carmaker decides to open a massive factory in a desert town?
U.S. warns EU: Don’t hit Apple with a massive tax bill
Read full story for latest details.
India wants to stop foreigners paying women to have babies
India wants to ban wannabe parents paying surrogate mothers.
Stocks: 4 things to know before the open
Welcome to a new trading day.
Prince’s Paisley Park home and studio to be open to public
Read full story for latest details.
This startup uses battery life to determine credit scores
Banks in Asia are using customers’ smartphone data points, like how often they drain their battery, to determine whether or not they’re eligible for a loan.
States face a $1 trillion pension shortfall
The U.S. is facing a $1 trillion pension shortfall because states aren’t paying enough money into their retirement plans for public workers.
Yankees willing to pay for drug rehab that Doc Gooden says he doesn’t need
An ESPN documentary released earlier this year featured Doc Gooden’s and Darryl Strawberry’s fraught friendship and candid talk of their drug use.
Debate Commission faces new challenge in selecting moderators
Read full story for latest details.
Mark Zuckerberg headed to Italy after earthquake
Mark Zuckerberg is flying to Rome to chat up local Facebook users, days after a devastating earthquake struck central Italy.
Southwest Airline pilots take to picket lines
Airline pilots are taking their demands for higher wages straight to airline passengers.
Chipotle under fire for illegal workplace policies
Federal regulators have taken a red pen to Chipotle’s employee handbook, saying several policies violated labor laws.
Trump says he can save these workers’ jobs – but they’re not supporting him
It’s a case of unrequited love between Donald Trump and Indiana’s blue collar workers.
Leslie Jones’ website down after reported hack
“Saturday Night Live” star Leslie Jones’ personal website is down after reportedly being targeted by hackers Wednesday.
Don’t trust automatic braking to prevent a crash, says AAA
Automatic braking is a great safety feature which will soon be standard on virtually all new cars in the United States. But don’t trust it to keep you out of an accident, AAA says.
The world’s largest aircraft crashes after 2nd test flight
The world’s largest aircraft crash landed at the end of its second test flight on Wednesday.
AFI postpones Nate Parker event
As controversy continues to swirl around “The Birth of a Nation’s” Nate Parker, the American Film Institute has postponed an event with him.
Clinton and Trump share a media strategy: Avoid it
Read full story for latest details.
Express tanks 25% on awful earnings
Express is the latest domino to fall in the world of fashion retail.
Cash exodus from these money market funds
Read full story for latest details.
Nike’s newest ad celebrates girl power
Nike unveiled a new commercial for its “Unlimited” campaign, and it’s all about some of the strongest female athletes in the world.
Middle East country buys chunk of Empire State Building
Some of the Middle East’s vast oil riches are being plowed into Manhattan’s most iconic skyscraper.
NJ student loan bills keep coming, sometimes after death
No one likes paying student loan bills. But some struggling student borrowers can be pleasantly surprised to find their lender is somewhat flexible.
Inside the big banks’ plan for new digital cash
A group of big banks led by UBS is planning its own version of digital cash, using blockchain, the technology underpinning Bitcoin.
Trade turmoil: $1.3 trillion at stake in Brexit breakup
Read full story for latest details.
Oil billionaire: Trump didn’t ‘understand’ simple fracking question
Donald Trump has promised to “unleash” America’s oil industry, but he recently sounded confused about the raging debate at the heart of the matter.
New gun control law targets Chicago violence
The governor of Illinois just signed a new gun control law to combat the sale of firearms in the bullet-ridden city of Chicago.
Secrets of ultra stealth submarines revealed in massive leak
The Indian government is investigating the leak of more than 22,000 pages of documents that reveal secret data about its new high-tech fleet of submarines.
Steve Wozniak to Apple: Keep the iPhone’s headphone jack
Apple’s co-founder has a warning for the company: Keep the headphone jack.
Pokemon Go-playing truck driver kills woman in Japan
Japanese police have arrested a driver who they say struck and killed a woman while he was playing Pokemon Go.
Apple under Tim Cook: More socially responsible, less visionary
Hours after Steve Jobs resigned as the CEO of Apple, his successor Tim Cook sent an email to reassure employees about the company’s future.
Uber tests program to help drivers save for retirement
Uber has a new message for its drivers: We want you to save for retirement.
Bank boss apologizes to 75,000 staff over alleged affair
Well this is embarrassing.
The problem with putting all your retirement savings in stocks
I’m retiring and plan to keep two years’ worth of living expenses in cash and invest the rest of my retirement savings in stocks. The idea is that I’ll be able to earn stocks’ high long-term returns and not have to worry about selling stocks at a loss in a bear market since no bear market lasts more than two years. Do you think this is a good plan?–K.L.
Stocks: 4 things to know before the open
One year ago today investors panicked and the Dow dropped nearly 1,100 points right after the opening bell.
Switzerland enlists robots to help deliver mail
Sidewalks in Switzerland are about to get a little bit more crowded.
Remember the Dow’s 1,000 point plunge?
Do you remember where you were the morning of August 24, 2015 — when the Dow dropped nearly 1,100 points shortly after the opening bell?
Nobel prize winner Stiglitz calls TPP ‘outrageous’
Nobel prize winning economist Joseph Stiglitz says it’s “absolutely wrong” for the U.S. to pass the trade deal known as the Trans-Pacific Partnership.
Can Tokyo avoid the curse of the Olympics?
Rio has handed over the Olympic flag to Tokyo, but Japan has a tough job on its hands to make an economic success of the 2020 Games.
Tesla’s new model as fast as a Ferrari or Porsche
Tesla’s cars are now among the fastest on Earth.
Andrea Tantaros lawsuit puts Fox News P.R. operation in spotlight
This week’s lawsuit by Andrea Tantaros against Fox News depicts the network’s public relations department as a dirty tricks operation, one that will stop at almost nothing to smear enemies, including Fox employees.
Trolls bombard plus-size model with racist slurs
Twitter continues to be a breeding ground for people to hurl racist, ugly comments at strangers.
Richard Branson tries to shame Labor Party leader for sitting on train floor
Read full story for latest details.
Domino’s Pizza is a huge hit among Millennials. Stock hits all-time high
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Budget deficit to climb for the first time since 2009
The annual deficit has been on a downward trajectory since 2009. But that streak could end this year.
BuzzFeed splits news, entertainment
Staking its future on video, BuzzFeed has announced that it will split into two units: a new, video-focused BuzzFeed Entertainment Group and BuzzFeed News.
Subtitled TV: ‘Gomorrah,’ ‘Narcos’ demands viewers’ undivided attention
TV viewing has increasingly become a distracted, two-screen experience, but it turns out there is a way to demand the audience’s undivided attention. The trick: making people not just watch, but read.
The government is buying $20 million in surplus cheese
The United States currently has a massive cheese stockpile. And Uncle Sam is stepping in to help buy up the excess.
Student workers can now unionize at private colleges
Students who hold jobs at private colleges are now allowed to unionize.
U.S. economy’s biggest problem now: the smartphone?
Read full story for latest details.
Cheap gas helps fuel surge in traffic deaths for second year in a row
Cheap gas and an improving economy have been blamed for a soaring number of traffic deaths for a , second straight year.
Wildly popular Prisma app just made a major breakthrough
Read full story for latest details.
What Rio means for NBC and the future of its Olympics coverage
Much has been made of the disappointing ratings garnered by NBC’s coverage of the Rio Olympics, and with good reason. But there’s one very important group that, surprisingly, doesn’t seem to be complaining: advertisers.
Best Buy booms on strong sales
Best Buy boomed on Tuesday.
Hillary Clinton’s for-profit university problem
It’s got all the makings of a conspiracy theory.
Hillary Clinton’s new plan to help small business owners
Hillary Clinton on Tuesday promised to make starting a small business “as easy as setting up a lemonade stand in the front yard.”
‘Just Mayo’ startup goes from one hot seat to another
Hampton Creek is getting used to wiping the egg off its face.
Bill Gates is now worth $90 billion
Read full story for latest details.
Choices dwindling for Obamacare customers
Many consumers may find they have few choices when shopping on the Obamacare exchanges for 2017.
Volkswagen settles dispute that hit Golf production
Volkswagen is preparing to resume full production at its factories after resolving a serious dispute with suppliers.
MIT scientists think they can make your WiFi 10x faster
Getting good WiFi at a sporting event isn’t easy.
Silicon Valley throws big money at Clinton and virtually nothing at Trump
Tim Cook will mark his five-year anniversary as the CEO of Apple by doing something that his predecessor Steve Jobs typically avoided: hosting a fundraiser for a presidential candidate.
Jennifer Lawrence is once again the highest paid actress
Read full story for latest details.
English winemakers raise a glass to Brexit
Across the sun-kissed vineyards of England’s south coast, there’s no sour grapes over Brexit.
Stocks: 4 things to know before the open
It’s Tuesday.
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