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Australian national broadcaster finds ‘systemic’ racism in workplace

By Hilary Whiteman, CNN Brisbane, Australia (CNN) — Australia’s national broadcaster has released an internal review that found “systemic” racism within its ranks, prompting an apology from the managing director to all current and former staff. The Australian Broadcasting Corporation (ABC) review was announced last year after high profile Indigenous anchor Stan Grant stepped away

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Massive port strike begins across America’s East Coast, threatening shortages and rising prices

By Chris Isidore and Vanessa Yurkevich, CNN New York (CNN) — Nearly 50,000 members of the International Longshoremen’s Association (ILA) are on strike Tuesday against the nation’s East and Gulf Coast ports, choking off the flow of many of America’s imports and exports in what could become the country’s most disruptive work stoppage in decades.

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Audacy completes its financial restructuring and now plans to go private

By Liam Reilly, CNN (CNN) — Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million. The Philadelphia-based company has seen bottom-line growth, which it said has been accomplished via gains in revenue shares, increased digital revenue growth, audience

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DirecTV announced September 30 it’s buying rival Dish Network

DirecTV agrees to buy Dish for $1

By Jordan Valinsky, Ramishah Maruf and Liam Reilly, CNN New York (CNN) — DirecTV announced Monday it’s buying rival Dish Network, ending multiple decades of on-and-off talks about the satellite services merging. The companies have struggled to retain subscribers in the streaming era. As platforms like Netflix, Hulu and Amazon’s Prime Video have gained traction,

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Stellantis shares plunge as carmaker follows Volkswagen in warning on profits

By Hanna Ziady, CNN London (CNN) — Shares in Chrysler parent Stellantis plunged almost 14% in Milan Monday after the Italian-American carmaker slashed its forecasts for full-year profitability and cash flow, citing weaker global sales and increased competition from Chinese rivals. Stellantis (STLA), which also makes Ram Trucks and Jeep, Citroen and Peugeot cars, said

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Brian Williams is set to anchor election night coverage on Prime Video. Is Amazon getting into live news?

By Brian Stelter, CNN New York (CNN) — Amazon attracts millions of live viewers for Thursday Night Football games. The company also carries A-list concert performances and a seemingly endless number of shopping live-streams. Up next: One special night of news coverage. The former NBC News and MSNBC anchor Brian Williams is nearing a surprise deal to lead election

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California governor vetoes contentious AI safety bill

Story by Reuters (Reuters) — California Governor Gavin Newsom on Sunday vetoed a hotly contested artificial intelligence safety bill, after the tech industry raised objections, saying it could drive AI companies from the state and hinder innovation. Newsom said he had asked leading experts on Generative AI to help California “develop workable guardrails” that focus “on developing an empirical,

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