WMUR By Chris Isidore, CNN New York (CNN) — Members of the Dartmouth College men’s basketball team Tuesday became the first college athletes to vote to join a union, a significant milestone in the rapidly changing business for collegiate sports. The team members voted 13-2 in favor of the union, according to the National Labor
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — GNC, the vitamin and dietary supplement chain, has been struggling for years. The brand hopes a new strategy tailored to people taking GLP-1 drugs for weight loss will help draw customers into stores and grow its business. GNC announced Monday that it was adding a dedicated
Continue Reading CNN By Anna Cooban, CNN London (CNN) — Finance officials from the world’s biggest economies began talks this week on introducing a global minimum tax on billionaires. The representatives of the G20 countries discussed the proposal at a summit in São Paulo, Brazil, two years after a landmark agreement showed the world could act together
Continue Reading CNN By Nicole Goodkind, CNN New York (CNN) — The tech-heavy Nasdaq composite index and S&P 500 broke records Thursday afternoon. The Nasdaq closed at a new high of 16,091.92, about 35 points above its last closing high of 16,057.44, reached in November 2021 before the Federal Reserve began raising rates. The S&P 500, meanwhile,
Continue Reading CNN By Jeanne Sahadi, CNN New York (CNN) — If you have a job, you’re likely not working for free. In fact, when you were hired, you agreed to work for a given amount of pay over the course of a year, which you assumed meant 365 days. Except this year — and every fourth
Continue Reading CNN By Catherine Thorbecke, Amanda Sealy and Nadia Kounang, CNN (CNN) — Staring at a computer screen, Mark focuses deeply, his arms resting by his side. His right index finger trembles ever so slightly on top of a pillow, and then an alert rings out from the screen in front of him, a message to a
Continue Reading CNN By Hanna Ziady, CNN London (CNN) — Apple has abandoned decade-long efforts to build an electric car, according to multiple media reports, calling time on a project that some saw as potentially transformative for the auto industry. Many employees working on the project, known internally as “Project Titan,” will be moved to the company’s
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — Macy’s is getting a new, smaller, but more luxurious look designed to turn around the troubled retailer and keep the century-and-a-half old brand relevant to rapidly changing demands from shoppers. First, Macy’s will have to downsize. The company is closing 150 underperforming stores — 50 by
Continue Reading CNN By Matt Egan, CNN New York (CNN) — Americans are increasingly falling behind on their credit card bills and car loans as years of high inflation take their toll. This spike in delinquencies is raising fears about the Buy Now, Pay Later boom. Critics worry these increasingly popular short-term lenders are allowing shoppers to
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — “Let them eat Corn Flakes” appears to be Kellogg’s CEO Gary Pilnick’s advice to cash-strapped shoppers who are spending the highest portion of their income on food than at any point in the last 30 years. In an interview with CNBC last week, WK Kellogg CEO
Continue Reading CNN, SUPREME COURT By Brian Fung and John Fritze, CNN Washington (CNN) — The Supreme Court on Monday appeared to have deep concerns of state laws enacted in Florida and Texas that would prohibit social media platforms from throttling certain political viewpoints. The high-stakes battle gives the nation’s highest court an enormous say in how
Continue Reading CNN By Peter Valdes-Dapena, CNN Laguna Beach, California (CNN) — There was a time when an electric Tesla pickup, something designed to go head-to-head against America’s most popular products, the Ford F-150 and Chevrolet Silverado, seemed just the thing to take Tesla truly mainstream. Then, in 2019, Elon Musk unveiled the Tesla Cybertruck, a bare
Continue Reading CNN Opinion by Bob Kolasky (CNN) — The news Thursday morning of the AT&T service outage — affecting tens of thousands, if not hundreds of thousands of customers — was yet another reminder of the importance of critical infrastructure resilience. Statements from the company do not point to any nefarious activity but the Federal Communications Commission is investigating,
Continue Reading CNN By Jessie Yeung and Hassan Tayier, CNN Hong Kong (CNN) — Who doesn’t like a little braised pork with their coffee? Starbucks (SBUX) is betting on that unusual combination with a new drink released in China to mark the Lunar New Year. Dubbed the “Abundant Year Savory Latte,” the brand describes it as having
Continue Reading CNN By Anna Cooban, CNN London (CNN) — The European Union has launched a formal investigation into TikTok to determine whether the company is doing enough to protect minors on its platform as well as examine other suspected violations of the bloc’s landmark Digital Services Act. “The opening of proceedings means that the (European) Commission
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — Many singles are tired of swiping on dating apps. They’re going old school to find romance. Speed dating, singles mixers and other group dating parties have made a comeback since the Covid-19 pandemic ended as singles look to get off their screens and meet potential partners
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices, store closures and job losses. The merger, announced in 2022, sought to combine the fifth and
Continue Reading Originally Published: 12 FEB 24 13:43 ET By Mira Cheng, CNN (CNN) — Multiple large retailers, including Costco and Trader Joe’s, have recalled items containing dairy products from Rizo-López Foods Inc. due to possible Listeria contamination. Rizo-López Foods Inc. initially recalled dozens of dairy products last week after an investigation identified them as the source of a multistate Listeria outbreak that
Continue Reading CNN By David Goldman and Paradise Afshar, CNN (CNN) — A jury has awarded climate scientist Michael Mann more than $1 million in a defamation lawsuit he brought against a former scholar and a media personality who lampooned Mann’s work. The legal battle has been ongoing for more than a decade. Mann initially filed a
Continue Reading Originally Published: 07 FEB 24 07:22 ET Updated: 07 FEB 24 07:24 ET By Leah Dolan, CNN (CNN) — Beyoncé has revealed she will be launching a hair care line on February 20. The 29-time Grammy winner made the announcement on Instagram, posting a cryptic video featuring apparent home movie footage of her mother’s salon Headliners,
Continue Reading CNN By Allison Morrow, CNN New York (CNN) — Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle. At McDonald’s, which has repeatedly boasted about its ability to raise menu prices without denting sales, executives are finally acknowledging that customers need
Continue Reading CNN, NTSB, FAA By Chris Isidore, CNN New York (CNN) — Jennifer Homendy, chair of the National Transportation Safety Board, says that the problem that resulted in a door plug blowing out of a Boeing 737 Max 9 jet minutes into a January 5 flight could happen again. “Of course, something like this can happen
Continue Reading CNN By Chris Isidore, CNN New York (CNN) — There was a huge bang. A massive hole opened up in the side of the plane, minutes into a flight. Wind and noise filled the cabin, clothes and phones were ripped from passengers and hurled into the void. The metal of airplane seats twisted towards the
Continue Reading CNN, KCAL, KCBS, KABC, KMAX, KOVR, KRCR, CITY OF LOS ANGELES BUREAU OF STREET SERVICES, LA FIRE DEPT, X, @DR_PHILLIPB, SAUL GONZALEZ, CNN, CNN, KCAL/KCBS, KABC, KMAX, KOVR, KRCR, City of Los Angeles Bureau of Street Services, LA Fire Dept, X/@Dr_PhillipB, Saul Gonzalez By Anna Bahney, CNN Washington, DC (CNN) — The storms pummeling California
Continue Reading KGO, CNN By Nathaniel Meyersohn, CNN New York (CNN) — Violent crime and other felonies fell in 2023 in America’s biggest cities. They increased in Oakland. Robberies grew 38% last year in Oakland, according to police data. Burglaries increased 23%. Motor vehicle theft jumped 44%. Roughly one of every 30 Oakland residents had a car stolen last year, according
Continue Reading CNN By Alicia Wallace, CNN New York (CNN) — Americans — particularly Millennials and those with lower incomes — are becoming increasingly overextended financially: Credit card and auto loan delinquencies have not only surpassed pre-pandemic levels, they’re the highest they’ve been in more than a decade. During the fourth quarter, US household debt hit a
Continue Reading CNN By Vanessa Yurkevich, CNN New York (CNN) — It started as a joke. At the end of 2023, when social media users were posting their “Ins and outs” for 2024, comedian and writer Lukas Battle did the same, bringing the term “loud budgeting” to the world. “Loud budgeting is a new concept I am announcing for 2024, it’s
Continue Reading CNN By Alicia Wallace, CNN New York (CNN) — The US economy added a stunning 353,000 jobs last month, according to Bureau of Labor Statistics data released Friday, registering a stronger-than-expected gain to kick off 2024 and underscoring the resilience of the US economy in an election year. The unemployment rate remained at 3.7% from the month
Continue Reading CNN By Anna Cooban, CNN London (CNN) — Chinese stocks have had a very bad week. Despite recent attempts by Beijing to shore up confidence in the economy and stem a protracted stock market slump that has wiped out $6 trillion in value in three years, investors are still rushing for the exit. The Shanghai
Continue Reading CNN By Samantha Murphy Kelly, CNN (CNN) — The Vision Pro, Apple’s first new product in seven years, officially launched in stores on Friday in the US. The mixed reality headset went on sale at Apple Stores across the country as some eager shoppers were among the first to get their hands on what promises
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