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CNN By Parija Kavilanz, CNN New York (CNN) — Loveable or creepy? Depends on who you ask. Furby, the ’90s toy phenomenon that divided kids and parents into opposing camps when it first hit stores and quickly became a craze, is making yet another comeback. Furby-maker Hasbro said Thursday it is reintroducing the bug-eyed, gibberish-talking

By Parija Kavilanz, CNN New York (CNN) — Loveable or creepy? Depends on who you ask. Furby, the ’90s toy phenomenon that divided kids and parents into opposing camps when it first hit stores and quickly became a craze, is making yet another comeback. Furby-maker Hasbro said Thursday it is reintroducing the bug-eyed, gibberish-talking furball.

CNN By Danielle Wiener-Bronner, CNN New York (CNN) — If you have a sweet tooth, take note: Cocoa prices have been soaring — and that could drive chocolate prices higher. Higher prices can be helpful for struggling cocoa farmers. But those prices, along with high prices of other key chocolate ingredients, might not be great

By Jordan Valinsky, CNN New York (CNN) — Bed Bath & Beyond will live on. The brand, that is, not the stores. The retailer’s name, intellectual property and digital assets were purchased by Overstock.com for $21.5 million, according to court documents released Thursday. However, the deal won’t keep its stores open, which are currently closing

By Brian Fung, CNN (CNN) — Three US senators are pressing Facebook-parent Meta, Google-parent Alphabet and Twitter about whether their layoffs may have hindered the companies’ ability to fight the spread of misinformation ahead of the 2024 elections. In a letter to the companies dated Tuesday, the lawmakers warned that reported staff cuts to content

By Hanna Ziady, CNN London (CNN) — The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation. The move will pile pain on people with mortgages and put more downward pressure on house prices. The decision in favor of a 13th consecutive hike takes

By Anna Cooban, CNN London (CNN) — Turkey’s central bank almost doubled interest rates to 15% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation. Annual consumer price inflation has come down from a two-decade high of 85.5% in October but was still 39.6%

CNN By Hanna Ziady, CNN London (CNN) — Business rivalry seemingly isn’t enough for two of the tech industry’s most powerful billionaires. Now Elon Musk and Mark Zuckerberg say they want to settle their scores in a cage fight. Twitter owner and Tesla (TSLA) CEO Musk recently tweeted that he would be “up for a

By Krystal Hur, CNN New York (CNN) — Beaten-down stocks of smaller companies are finally making a comeback, underscoring Wall Street’s newfound optimism. The S&P 600 small-cap index has rebounded roughly 8% from its low in May, and is on pace to notch its first winning month since January. Small cap stocks are domestic bellwethers,

KGO, UPSIDE FOODS, CNN By Danielle Wiener-Bronner, CNN New York (CNN) — Cultivated meat, also known as lab-grown meat, has been cleared for sale in the United States. Upside Foods and Good Meat, two companies that make what they call “cultivated chicken,” said Wednesday that they have gotten approval from the US Department of Agriculture