By Jordan Valinsky, CNN New York (CNN) — Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. The company previously announced it was selling “substantially all” of its assets to private equity firm Nexus Capital Management in September, but Big Lots said in a
Continue ReadingBy Bryan Mena, CNN Washington (CNN) — America’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost next year. The Federal Reserve began to slash interest rates in September, but mortgage rates have actually risen since then. The average
Continue ReadingBy John Towfighi, CNN (CNN) — Amazon delivery drivers are on strike in four states across the US. Those on strike say that 400 packages, long hours and little help are part of a regular day at work. Amazon says that the strike won’t have an impact on holiday deliveries, but the delivery drivers who
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CNN, WABC, WLS, X, AMAZON, SPECTRUM NEWS LA (SANTA BARBARA) By John Towfighi, CNN (CNN) — Amazon delivery drivers are on strike in four states across the US. Those on strike say that 400 packages, long hours and little help are part of a regular day at work. Amazon says that the strike won’t have
Continue ReadingBy Hadas Gold and Brian Stelter, CNN New York (CNN) — Veteran Fox News anchor Neil Cavuto, one of the network’s longest-serving hosts who became a frequent target of President-elect Donald Trump, is leaving the network after nearly three decades on the air. Cavuto made the announcement Thursday on his afternoon program “Your World,” saying
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By Liam Reilly, CNN New York (CNN) — The press freedom group Reporters Without Borders is urging Apple to remove its newly introduced artificial intelligence feature that summarizes news stories after it produced a false headline from the BBC. The backlash comes after a push notification created by Apple Intelligence and sent to users last
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By Chris Isidore, CNN New York (CNN) — On the day after Easter 2023, Dana Mitchell went to work, grabbed a coffee and walked to the conference room for the regular Monday morning meeting. She was talking to a co-worker about his tan from a vacation. She looked up and saw another co-worker, Connor Sturgeon,
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WABC, CNN By Chris Isidore, CNN New York (CNN) — Amazon drivers went on strike in four states across the country with less than a week to go before Christmas – but the company is saying it’s not going to affect your holiday deliveries. Members of the Teamsters union have announced are striking at eight
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By Jordan Valinsky, CNN New York (CNN) — It’s not just Chili’s that Americans are obsessed with. Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in premarket trading Thursday. LongHorn sustained its momentum and posted same-store sales growth of 7.5%, outperforming
Continue ReadingBy Chris Isidore, CNN New York (CNN) — Amazon drivers went on strike in four states across the country with less than a week to go before Christmas – but the company is saying it’s not going to affect your holiday deliveries. Members of the Teamsters union have announced are striking at eight facilities across
Continue ReadingBy Samantha Murphy Kelly, CNN (CNN) — Personalized chatbots dating other chatbots on your behalf. AI concierges fielding questions about potential matches. Advanced algorithms predicting compatibility better than ever before. Dating apps are on the cusp of a major transformation. As much of the tech industry grapples with how to integrate artificial intelligence into its
Continue ReadingBy Ramishah Maruf, CNN New York (CNN) — When a CNN journalist called 1-800-CHATGPT on Wednesday, a female voice on the other end provided a recipe for chocolate chip cookies and summarized the Civil War. But the voice did not seem open to personal conversation. “I don’t have feelings, but I do find my job
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CNN By John Towfighi and David Goldman, CNN New York (CNN) — The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The Dow Jones Industrial Average ended the day
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By John Towfighi and David Goldman, CNN New York (CNN) — The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The Dow Jones Industrial Average ended the day down
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By Hadas Gold, Annie Grayer, Lauren Fox and Sarah Ferris, CNN New York (CNN) — In a flurry of posts Wednesday on his social media platform X, Elon Musk derided a Republican-backed government spending bill that if not passed by Friday night would lead to a government shut down. “This bill should not pass,” Musk
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CNN By Hadas Gold, Annie Grayer, Lauren Fox and Sarah Ferris, CNN New York (CNN) — In a flurry of posts Wednesday on his social media platform X, Elon Musk derided a Republican-backed government spending bill that if not passed by Friday night would lead to a government shut down. “This bill should not pass,”
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By Bryan Mena, CNN Washington (CNN) — The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September. The central bank’s latest move leaves its benchmark lending rate at a range of 4.25%-4.5%, a two-year low. The decision to cut was
Continue ReadingBy Hanna Ziady, CNN London (CNN) — Poland is selling up to 1,000 metric tons (1,102 tons) of its frozen butter reserves to bring down surging prices ahead of presidential elections in May. The government’s strategic reserves agency announced the butter auction Tuesday, citing significant increases in butter prices worldwide that it blamed on a
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — KFC’s “finger lickin’ good” slogan usually refers to chicken, but it’s taking on different meaning at its newest location. Sauce and dips are the star at “Saucy,” a prototype opening next Monday in Orlando. The restaurant, which ditches the chain’s familiar red for pink, is centered around
Continue ReadingBy Liam Reilly, CNN New York (CNN) — Disney has cut a transgender storyline from its new animated series, “Win or Lose,” ahead of the show’s release. The original animated series from Disney-owned studio Pixar centers around a co-ed middle school softball team, the Pickles, in the run-up to the group’s championship game. Each of
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