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Sealed TikTok court documents show time limit tool effectively did nothing to reduce teen usage, NPR reports

By Jordan Valinsky, CNN New York (CNN) — A screen-time limit tool on TikTok doesn’t work in limiting teen usage, the company’s own analysis reportedly found, according to in unredacted documents accidentally revealed as part of a major lawsuit. The documents, obtained by Kentucky Public Radio (KPR) and reported in conjunction with NPR, reveal TikTok

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7-Eleven is closing more than 400 locations

By Jordan Valinsky, CNN New York (CNN) — Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced. Seven & I Holdings, the chain’s Japan-based parent company, revealed in an earnings report Thursday that 444 locations of 7-Eleven are shutting down because of a variety of issues, including slowing sales, declining

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Jamie Dimon

Jamie Dimon warns of ‘treacherous’ geopolitical conditions that are ‘getting worse’

By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase CEO Jamie Dimon kicked off third-quarter earnings season Friday with a stern warning about geopolitical threats that could hurt the global economy. “Recent events show that conditions are treacherous and getting worse,” he wrote in a press release. “There is significant human suffering, and the

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Urban Outfitters admits it doesn’t know how to sell to Gen Z. Now it wants to pull off an Abercrombie-like turnaround

By Ramishah Maruf, CNN New York (CNN) — Selling baggy jeans isn’t enough to win over Gen Z. Urban Outfitters, the young adult retailer known for its alternative, vintage-inspired styles, learned this the hard way. During its most recent earnings call, the company candidly admitted it didn’t know how to market to the demographic that

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Florida’s home insurer of last resort is in serious trouble. Will Milton put it over the edge?

By Elisabeth Buchwald, CNN New York (CNN) — An exodus of national insurance companies from Florida, combined with local private insurers canceling plans, has left many homeowners there with only one option: Citizens Property Insurance Corp. The state-backed nonprofit home insurance company was set up to be an insurer of last resort for those who

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FCC chair denounces Trump’s calls for CBS to ‘lose its license’ over Harris’ ‘60 Minutes’ interview

By Liam Reilly, CNN New York (CNN) — Federal Communications Commission chairwoman Jessica Rosenworcel denounced former President Donald Trump’s “threats against free speech” Thursday after he attacked CBS and called for the network to “lose its license” over a recent “60 Minutes” interview with Vice President Kamala Harris. In recent days, the former president has lambasted the Harris interview, accusing CBS News of editing the sit-down with correspondent

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Far-right conspiracy site Gateway Pundit settles 2020 defamation lawsuit brought by Georgia election workers

By Marshall Cohen, CNN Washington (CNN) — Gateway Pundit, the far-right conspiracy site, has settled a defamation lawsuit from two Georgia election workers who were falsely accused of rigging the 2020 results. Details of the settlement were not made public. But the parties said in a court filing this week that they have “reached agreement to settle

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