Mega-publisher Dotdash Meredith cuts 7% of its workforce, citing weakened ad market
By Oliver Darcy, CNN Dotdash Meredith, the publisher that houses well-known brands such as People, Better Homes & Gardens, InStyle, Travel +…
Continue ReadingMoney
We finally know whom FTX owes money to: Wall Street elite, Big Tech, airlines, and many more
By Allison Morrow, CNN Newly unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-mighty crypto…
Continue ReadingMortgage rates tick down ahead of Fed meeting next week
By Anna Bahney, CNN Mortgage rates fell slightly this week, staying almost flat ahead of the Federal Reserve’s closely watched interest…
Continue ReadingUnited CEO: Air travel system is ‘stressed to the max’
CNN By Chris Isidore, CNN If airlines are to avoid repeats of recent service problems, they’ll need to have a lot more back-up in place,…
Continue ReadingDirecTV drops Newsmax
By Jordan Valinsky, CNN DirecTV has dropped Newsmax, a right-wing TV network, from its channel lineup over a carriage fee dispute. In a statement,…
Continue ReadingHow Wall Street reacts to the GDP data will be telling
By Nicole Goodkind, CNN Wall Street analysts are holding their breath and crossing their fingers this morning as they await gross domestic product…
Continue ReadingWhat to look for in Friday’s jobs report
CNN, CNN BUSINESS By Alicia Wallace, CNN A week that has been chock-full of economic data will be capped off Friday morning with the first US jobs…
Continue ReadingSouthwest posts quarterly loss and warns more losses are ahead after service meltdown
By Chris Isidore, CNN Southwest Airlines reported a loss for the fourth quarter because of the company’s service meltdown over the holiday…
Continue ReadingUnited CEO: Air travel system is ‘stressed to the max’
By Chris Isidore, CNN If airlines are to avoid repeats of recent service problems, they’ll need to have a lot more back-up in place, according…
Continue ReadingToyota names new CEO as Akio Toyoda steps down
By Michelle Toh, CNN Toyota’s longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world’s largest…
Continue ReadingMicrosoft could bring back Clippy, but make him, like, smart
CNN By Allison Morrow, CNN This week, Microsoft confirmed it’s planning to invest billions in OpenAI, the company behind the viral new chatbot…
Continue ReadingMicrosoft could bring back Clippy, but make him, like, smart
By Allison Morrow, CNN This week, Microsoft confirmed it’s planning to invest billions in OpenAI, the company behind the viral new chatbot tool…
Continue ReadingUS Transportation Dept. investigating Southwest holiday travel meltdown
By Pete Muntean and Greg Wallace, CNN The US Transportation Department said it is in the early stages of an investigation into the Southwest Airlines…
Continue ReadingThe UK car industry hasn’t been this weak since 1956. And it’s losing the EV race
By Hanna Ziady, CNN UK car manufacturing hit a 66-year low in 2022, as the closure of two plants, a global shortage of semiconductors and the effect…
Continue ReadingTesla reports record earnings but tighter profit margins
By Chris Isidore, CNN Tesla reported record profits for the fourth quarter and the full year, but its profit margins were tighter due to higher…
Continue ReadingBiden administration unveils renter protections
By Anna Bahney, CNN In response to rent payments soaring across the country in recent years, the Biden administration unveiled new actions Wednesday…
Continue ReadingMcDonald’s, In-N-Out, and Chipotle are spending millions to block raises for their workers
By Nathaniel Meyersohn, CNN California voters will decide next year on a referendum that could overturn a landmark new state law setting worker…
Continue ReadingNews outlets ask judge to unseal documents in Dominion’s defamation case against Fox News
By Oliver Darcy, CNN The New York Times and NPR asked a judge on Wednesday to unseal a trove of documents in Dominion Voting Systems $1.6 billion…
Continue ReadingConsumer Reports calls Ford’s automated driving tech much better than Tesla’s
By Peter Valdes-Dapena, CNN Business Tesla’s Autopilot, which at its core combines lane keeping assist with traffic aware cruise control to…
Continue ReadingElizabeth Warren: Crypto giants are ‘collapsing under the weight of their own fraud’
CNN By Allison Morrow, CNN Senator Elizabeth Warren, a longtime crypto critic, warned recent turbulence in the digital asset space will only continue…
Continue Reading