Business/Consumer CNN Wire

Former Sony employee sues company over alleged racist abuse

A former Sony Electronics employee is suing the company and several individuals, accusing her former boss of sabotaging her career and making racist, verbally abusive comments.The woman filing the lawsuit, Duwanikia "Monica" Hill, who is Black, says she was fired…

Why salad bars may never come back

It was never the fanciest meal and wasn't always the tastiest. But in the before times, lunch at the grocery store salad bar was a quick and convenient stop for people who were in a rush or had run out…

This is why American companies still want to be in China

It's difficult for American companies to operate in China. But the latest data on the country's economy underscores why, for many firms, it's still worth it.What's happening: China's economic output grew 7.9% in the April-to-June quarter versus the same period…

The UK has a new $33 billion tech giant

There's a new super-unicorn in the United Kingdom.Revolut has been valued at $33 billion in a new fundraising round led by SoftBank and Tiger Global Management, the London-based digital banking startup said in a statement on Thursday.The company said it…

Mastercard has been banned from issuing new cards in India

Mastercard has been ordered to stop taking new customers in India, as authorities there say it violated the country's rules on how data should be stored.Starting next Thursday, the company will be banned from issuing new debit, credit or prepaid…

NHTSA warns of fire hazard with certain Chevy Bolt EVs

The National Highway Traffic Safety Administration is recommending owners of certain Chevy Bolt EVs park their cars outside and away from buildings due to a fire hazard."The affected vehicles' cell packs have the potential to smoke and ignite internally, which…