Fitch downgrades US debt on debt ceiling drama and governance worries
By Elisabeth Buchwald, CNN (CNN) — Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a…
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Americans are ‘unwittingly funding’ blacklisted Chinese companies, Congressional panel says
By Nicole Goodkind, CNN New York (CNN) — A Congressional select committee is investigating BlackRock, the world’s largest asset manager, and…
Continue ReadingLunchables is heading to the produce aisle with a fresh fruit snack tray
By Parija Kavilanz, CNN New York (CNN) — Lunchables, which is making its way into school lunchrooms this fall, is testing out yet another…
Continue ReadingGM recalls more vehicles with Takata air bag inflators that could explode
By Ramishah Maruf, CNN New York (CNN) — General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag…
Continue ReadingWarner Bros. apologizes for ‘Barbenheimer’ tweets that sparked criticism in Japan
By Jack Guy and Junko Ogura, CNN (CNN) — The Warner Bros. Film Group has apologized after the Twitter account for its “Barbie” film sparked…
Continue ReadingMeta begins blocking news access on its platforms in Canada
By Brian Fung, CNN Washington (CNN) — Meta has begun to remove news content from Facebook and Instagram in Canada, the social media giant said…
Continue ReadingLaid-off Yellow drivers will have a tough time finding good jobs
By Chris Isidore, CNN New York (CNN) — Since Sunday, Mark Roper, a truck driver for 32 years, has been out of a job, along with 30,000 of his…
Continue ReadingAmazon Clinic rolls out nationwide as e-commerce giant expands its health care footprint
By Catherine Thorbecke, CNN New York (CNN) — Amazon’s virtual clinic is now available in all 50 states and Washington, D.C., the company…
Continue ReadingThe US stock market just had its best year — so far — since 1997
By Krystal Hur, CNN New York (CNN) — The stock market just had its best performance through July in 26 years. The benchmark S&P 500 index…
Continue ReadingBeef over beef: Taco Bell is accused of false advertising and allegedly skimping on fillings
By Ellie Stevens New York (CNN) — The photos online of Taco Bell’s Mexican Pizza last September reeled in New York resident Frank Siragusa.…
Continue ReadingSafety regulators investigating steering on some Tesla models
By Peter Valdes-Dapena, CNN Business (CNN) — The National Highway Traffic Safety Administration is investigating new Tesla Model 3 sedans and…
Continue ReadingThe number of available jobs in the US just fell to its lowest level in more than two years
By Alicia Wallace, CNN Minneapolis (CNN) — Bit by bit, the US labor market is settling down from the rolling boil of the past three years: The…
Continue ReadingCVS is laying off 5,000 workers
By Jordan Valinsky, CNN New York (CNN) — CVS is laying off about 5,000 employees in a cost-cutting effort, the pharmacy chain confirmed…
Continue ReadingCoors Light brewer benefits from Bud Light’s turmoil
By Jordan Valinsky, CNN New York (CNN) — Bud Light’s decline is benefiting one of its biggest rivals. Molson Coors, brewer of Miller Lite and…
Continue ReadingUber’s post-pandemic growth is slowing
By Catherine Thorbecke, CNN New York (CNN) — Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth…
Continue ReadingWhat you need to know about the incandescent light bulb ban
By David Goldman, CNN New York (CNN) — America’s ban on incandescent light bulbs, 16 years in the making, is finally a reality. Well, mostly.…
Continue ReadingTwitter sues hate-speech watchdog, following through on its litigation threat
By Brian Fung, CNN Washington, DC (CNN) — Twitter has sued the Center for Countering Digital Hate, a nonprofit group that has criticized the…
Continue ReadingBed Bath & Beyond is back from the dead
By Parija Kavilanz, CNN New York (CNN) — A month after Overstock.com announced it bought Bed Bath & Beyond’s brand out of bankruptcy,…
Continue ReadingThe owner of Regal cinemas emerges from bankruptcy
By Anna Cooban, CNN London (CNN) — The owner of Regal cinemas announced Tuesday that it had emerged from Chapter 11 bankruptcy after slashing…
Continue ReadingPlunging sales of new homes show China’s real estate crisis isn’t over
By Laura He, CNN Hong Kong (CNN) — Plunging sales of new homes and the reported cancellation of a share placement by China’s biggest property…
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