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By Nathaniel Meyersohn, CNN New York (CNN) — President Joe Biden’s administration is set to allow New York City to move forward with a landmark program that will toll vehicles entering Lower Manhattan, after a public review period ends Monday. The toll is formally known as the Central Business District Tolling Program — but it’s
Continue ReadingBy Christopher Hickey, CNN Home Depot and Lowe’s are known for being a one-stop destination for do-it-yourself projects. But in recent years, they’ve both expanded into a different kind of home improvement: “soft DIY.” Experts say the expansion into this category — from vases and decorative pillows to artificial flowers and candles — shows a
Continue ReadingBy Jennifer Korn New York (CNN) — When Apple unveiled its ambitious and very pricey new mixed reality headset earlier this week, executives ticked through a long list of impressive specs, teased big name partnerships and showed off a perfectly produced promo video. But there was one thing Apple’s execs did not do during the
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — Blue Apron (APRN), the home meal kit delivery service, paid off its debts and plans to streamline its business with job cuts, restructuring and a sale of assets to fellow meal company FreshRealm. The crowded meal-kit business has suffered post-pandemic, so Wall Street reacted enthusiastically to the
Continue ReadingBy Lauren del Valle, CNN New York (CNN) — In a lawsuit over the role JPMorgan Chase played in longtime client Jeffrey Epstein’s sex trafficking crimes, attorneys for an anonymous Epstein victim have asked a federal judge to allow them to question JPMC CEO Jamie Dimon and other bank personnel for a second time. Attorneys
Continue ReadingBy Peter Valdes-Dapena, CNN Business (CNN) — Tesla (TSLA) stock charged higher Friday following an announcement by General Motors that GM’s electric vehicles would be able to charge using Tesla (TSLA)’s charging network. That news following a similar announcement from Ford just two weeks before. The company’s stock was up about $12 a share, or
Continue ReadingBy Samantha Murphy Kelly, CNN Business (CNN) — Days after Apple unveiled its $3,499 mixed reality headset, Meta CEO Mark Zuckerberg appeared to take a jab at the company’s pricing and vision for the product. “Our device is also about being active and doing things,” Zuckerberg said at an all-hands meeting with Meta employees on
Continue ReadingBy Parija Kavilanz, CNN New York (CNN) — Walgreens just opened a redesigned store in a downtown Chicago neighborhood where most of the merchandise is intentionally kept out of sight. The store, located on 2 East Roosevelt Road, at one point offered a typical Walgreens shopping experience – multiple aisles stacked with daily essentials, cosmetics,
Continue ReadingBy Nicole Goodkind, CNN New York (CNN) — The bear market is over. But the bear economy isn’t. The eurozone has sunk into recession and some economists fear the United States is next. We’re worrying about rate hikes, inflation, lower spending, layoffs, surging mortgage costs and a war in Europe. That’s a strange place to
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Early results indicate Netflix’s new plan to boost its bottom line by cracking down on password sharing in the United States is paying off. The streaming service has seen a bigger jump in new subscriber sign-ups as a result of the crackdown than it did in the
Continue ReadingCNN By Jeanne Sahadi, CNN New York (CNN) — If you’ve organized your life around a fully remote or highly flexible hybrid work schedule over the past three years, it can feel jarring if your employer decides to change the rules on remote work and require or enforce more on-site attendance. When that happens, employees
Continue ReadingBy Jeanne Sahadi, CNN New York (CNN) — If you’ve organized your life around a fully remote or highly flexible hybrid work schedule over the past three years, it can feel jarring if your employer decides to change the rules on remote work and require or enforce more on-site attendance. When that happens, employees face
Continue ReadingBy Samantha Delouya, CNN Los Angeles (CNN) — After two years of surging prices, economists still can’t agree on what has caused the world’s worst inflation crisis in decades. While the usual culprits cited by economists include pandemic-era supply chain bottlenecks, the war in Ukraine and various US economic policies, others say it’s due to
Continue ReadingBy Michelle Toh and Yoonjung Seo, CNN Hong Kong/Seoul (CNN) — Sam Altman, the CEO of ChatGPT maker OpenAI, used a high-profile trip to South Korea on Friday to call for coordinated international regulation of generative artificial intelligence, the technology that underpins his famous chatbot. “As these systems get very, very powerful, that does require
Continue ReadingBy Anna Cooban, CNN London (CNN) — The UK government plans to scrap its windfall tax on oil and gas companies if energy prices fall below certain levels, abolishing a levy that has raised around £2.8 billion ($3.5 billion) since it was introduced a year ago. The country’s finance ministry announced Friday that it would
Continue ReadingBy Laura He, CNN Hong Kong (CNN) — China’s cyberspace regulator plans to issue new rules clamping down on the use of wireless file sharing functions such as Bluetooth and Apple’s AirDrop on national security grounds. The move comes after protesters in China used AirDrop during anti-government protests in October 2022 to share content, bypassing
Continue ReadingBy Oliver Darcy, CNN Business New York (CNN) — The attacks on the rule of law have begun. Moments after news broke on Thursday that disgraced former President Donald Trump had been indicted on federal charges, Fox News and the rest of the MAGA Media universe revved up into attack mode, denigrating the U.S. justice
Continue ReadingCNN By Oliver Darcy, CNN Business New York (CNN) — The attacks on the rule of law have begun. Moments after news broke on Thursday that disgraced former President Donald Trump had been indicted on federal charges, Fox News and the rest of the MAGA Media universe revved up into attack mode, denigrating the U.S.
Continue ReadingBy Oliver Darcy, CNN Business New York (CNN) — Raj Shah, the Fox Corp. brand protection executive who pushed Fox News in an even more pro-Trump direction after the 2020 election, has left the company. “Raj brought talent and creativity to his role at Fox,” Fox spokesperson Brian Nick told CNN on Thursday. “We appreciate
Continue ReadingCNN By Elisabeth Buchwald, CNN New York (CNN) — Treasury Secretary Janet Yellen said it is in the United States’ best interest to maintain ties with China, though she said documented allegations of human rights abuses in China and questionable trade policies need to be “addressed.” “While we surely have concerns that need to be
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