CNN By Oliver Darcy, David Goldman, Liam Reilly and Jon Passantino, CNN (CNN) — Warner Bros. Discovery Chief Executive David Zaslav met on Tuesday with Paramount Global Chief Executive Bob Bakish, and they broached a potential merger between the two companies, two people familiar with the matter told CNN. A potential merger of the two
Continue Reading CNN By Jennifer Korn, CNN (CNN) — Tinder is now offering users a highly exclusive $499 monthly subscription option, but only if they receive a coveted invitation and get through the application process. Tinder SELECT offers users perks beyond those granted to the average swiper. Paying nearly $6,000 a year gives users the chance to
Continue Reading CNN By Tori Morales, CNN (CNN) — Next to those stockings hung by the chimney with care, it appears more likely than ever that the trimmed tree will be, well, faux. The holiday tradition of setting up a Christmas tree has endured centuries. But this year, 77% of Americans displaying a Christmas tree say they’ll opt
Continue Reading Originally Published: 17 DEC 23 12:34 ET Updated: 17 DEC 23 17:35 ET By Chris Isidore and Jordan Valinsky, CNN New York (CNN) — About 5,000 Teamsters working at Anheuser-Busch voted overwhelmingly to authorize a strike if a new contract cannot be reached before the current one expires on February 29. The union members, who work
Continue Reading CNN By Pete Muntean and Chris Isidore, CNN Washington (CNN) — The federal government is fining Southwest Airlines $140 million for last year’s historic, 10-day-long holiday meltdown that stranded more than 2 million travelers. The Department of Transportation’s announcement of its largest-ever civil penalty comes about one year after cascading issues at Southwest led to
Continue Reading CNN By Clare Duffy, CNN New York (CNN) — When TikTok took off in 2020 — with short dancing or comedy clips providing much-needed entertainment to many users at the start of the Covid-19 pandemic — it launched a short-form video arms race. Suddenly, Facebook, Instagram, YouTube and other social platforms were rushing to roll
Continue Reading Originally Published: 16 DEC 23 14:30 ET Updated: 17 DEC 23 21:48 ET By Eva Rothenberg, CNN New York (CNN) — Quaker Oats on Friday recalled more than 40 granola bar and cereal products because they could be contaminated with salmonella. The affected foods include the classic Chewy granola bar variety pack, the chocolate-covered Chewy
Continue Reading CNN By Casey Tolan, Audrey Ash and Rene Marsh, CNN (CNN) — The largest credit union in the US has the widest disparity in mortgage approval rates between White and Black borrowers of any major lender, a trend that reached new heights last year, a CNN analysis found. Navy Federal Credit Union, which lends to
Continue Reading CNN By Chris Isidore, CNN New York (CNN) — Tesla is recalling nearly all 2 million of its cars on US roads to limit the use of its Autopilot feature following a two-year probe by US safety regulators of roughly 1,000 crashes in which the feature was engaged. The limitations on Autopilot serve as a
Continue Reading
WLS, MCDONALD’S, CNN By Danielle Wiener-Bronner, CNN New York (CNN) — McDonald’s announced on Wednesday that it is piloting a new cafe concept called CosMc’s, which will mostly sell indulgent, highly customizable caffeinated beverages with some food. The first CosMc’s location is now open in Illinois, and nine more are planned in Texas in the
Continue Reading
CNN By Clare Duffy, CNN New York (CNN) — A day after Elon Musk restored the X accounts of notorious right-wing conspiracy theorist Alex Jones and his website, Infowars, the platform is actively promoting Jones’ account to other users, giving the fringe figure a major platform to air his deceptive and dangerous views. Conspiratorial posts
Continue Reading CNN By Eva Rothenberg, CNN New York (CNN) — Now that Liz Magill has stepped down as president of the University of Pennsylvania, the spotlight has turned to her counterpart from Harvard University, Claudine Gay. “One down. Two to go,” Republican Rep. Elise Stefanik of New York wrote on X, formerly known as Twitter, with
Continue Reading CNN, KYW By Nicki Brown, CNN (CNN) — The president of Harvard University apologized in an interview with the school’s student newspaper after facing widespread condemnation for her disastrous congressional testimony this week, in which she and other university presidents failed to explicitly say calls for genocide of Jewish people constituted bullying and harassment on
Continue Reading CNN By Matt Egan, CNN New York (CNN) — The walls appear to be caving in on the University of Pennsylvania’s president, Liz Magill, who faces scathing criticism over her performance at a House hearing earlier this week. Prominent donor Ross Stevens threatened to claw back a $100 million donation. The university’s board of trustees
Continue Reading CNN By Jordan Valinsky, CNN New York (CNN) — Taylor Swift is ending her year with another accolade: The pop superstar was named Time magazine’s 2023 “Person of the Year,” beating out Barbie and King Charles III. “While her popularity has grown across the decades, this is the year that Swift, 33, achieved a kind of nuclear
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — Big investors, celebrity chefs and chains rushed to open ghost kitchens during the pandemic, and they were expected to make up more than 20% of the restaurant industry by 2025. But ghost kitchens are now crashing. Last week, Kitchen United, which raised $175 million in funding
Continue Reading CNN By Donie O’Sullivan and Clare Duffy, CNN (CNN) — A nationally recognized online disinformation researcher has accused Harvard University of shutting down the project she led to protect its relationship with mega-donor and Facebook founder Mark Zuckerberg. The allegations, made by Dr. Joan Donovan, raise questions about the influence the tech giant might have over seemingly independent research. Facebook’s
Continue Reading CNN, KOMO, KHON, ALASKA AIRLINES By Eva Rothenberg and Chris Isidore, CNN New York (CNN) — Alaska Air (ALK) on Sunday announced it will buy rival Hawaiian Airlines (HA) for $1.9 billion. The acquisition was the culmination of “several months” of negotiations, according to Alaska Airlines CEO Ben Minicucci. It will include $900 million in
Continue Reading CNN By Nicole Goodkind, CNN New York (CNN) — Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post. But he lashed out at advertisers leaving his platform because of rising antisemitism on X. “I
Continue Reading CNN By Hanna Ziady, CNN London (CNN) — Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for the first time since UBS started tracking the fortunes of the world’s richest almost a decade ago. And billionaire heirs are more likely than their parents to focus on the major opportunities and
Continue Reading CNN By Nicole Goodkind, CNN New York (CNN) — Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post. But he lashed out at advertisers leaving his platform because of rising antisemitism on X. “I
Continue Reading CNN By Paul R. La Monica and Krystal Hur, CNN New York (CNN) — Billionaire investor Charlie Munger, the long-time friend and business partner of Warren Buffett, has died. He was 99 years old. Berkshire Hathaway, the investment firm where Munger served as vice chairman, said in a press release that Munger passed “peacefully” on
Continue Reading CNN By Nicole Goodkind, CNN New York (CNN) — WeightWatchers is betting that diet culture is over. Welcome to the age of Ozempic. Diet drugs have upended the weight loss business. The number of Americans taking semaglutide medication has increased 40-fold over the past five years, a contrast from decades of diet and exercise advice
Continue Reading CNN By Jennifer Korn and Paul Glader, CNN (CNN) — When technology firm OpenAI ousted its CEO Sam Altman last week with little warning and less explanation, it set off shockwaves throughout Silicon Valley and beyond. Late Tuesday, in a complete reversal, he rejoined the controversial firm he had helped found, effectively bouncing from the
Continue Reading CNN By Clare Duffy, CNN New York (CNN) — At least a dozen major brands have halted ad spending on X, formerly Twitter, since its latest advertiser exodus began last week over concerns about antisemitism and hate speech on Elon Musk’s social media platform. Fox Sports, Ubisoft, Axios, TechCrunch and Paris Hilton’s 11:11 Media all
Continue Reading CNN By Clare Duffy, CNN New York (CNN) — Elon Musk on Monday boosted the dangerous, years-old “Pizzagate” conspiracy theory in a post on X, the platform formerly known as Twitter, just days after being roundly criticized and facing an advertiser exodus following his embrace of an antisemitic conspiracy theory. In a post Monday, an
Continue Reading CNN By Brian Fung, CNN (CNN) — Nearly a week into a leadership crisis that’s thrown the artificial intelligence industry into chaos, OpenAI’s future along with that of its former CEO Sam Altman remain as uncertain as ever. If Altman’s abrupt ouster came as a surprise, it was nothing compared to the ensuing chaos and
Continue Reading CNN By Alexandra Banner, CNN (CNN) — A few days before Thanksgiving, the White House appears eager to promote dropping prices on everything from gas to the cost of turkeys as many Americans grapple with a holiday cash crush. The push to highlight easing prices comes as the Biden administration has struggled to move the
Continue Reading CNN By Nathaniel Meyersohn, CNN New York (CNN) — The backlash against self-checkout is growing, and stores are starting to dial back on the technology after it exploded over the past few years. Booths, a British supermarket chain, said it’s removing self-checkout stations in all but two of its 28 stores. In the United States,
Continue Reading CNN Analysis by Bryan Mena, CNN Washington, DC (CNN) — A worrisome sign for the Federal Reserve is starting to emerge. The Fed keeps a close eye on several risks that could make its job of taming inflation even more difficult, such as red-hot consumer demand keeping some upward pressure on prices and the possible
Continue Reading