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By Brian Fung, CNN (CNN) — The company behind a popular fertility app has agreed to pay $200,000 in federal and state fines after authorities alleged that it had shared users’ personal health information for years without their consent, including to Google and to two companies based in China. The app, known as Premom, will
Continue ReadingBy Samantha Delouya, CNN New York (CNN) — Montana Gov. Greg Gianforte signed a bill Wednesday banning TikTok in the state. Gianforte tweeted that he has banned TikTok in Montana “to protect Montanans’ personal and private data from the Chinese Communist Party,” officially making it the first state to ban the social media application. The
Continue ReadingBy Alicia Wallace, CNN Minneapolis (CNN) — The United States risks could run out of money to pay its bills if Congress is not able to reach an agreement on the debt ceiling. It could happen as soon as June 1, according to warnings from Treasury Secretary Janet Yellen, and could have potentially have far-reaching
Continue ReadingCNN By Danielle Wiener-Bronner, CNN New York (CNN) — Nearly 15 years ago, Coca-Cola starting letting soda fans mix their own flavors with its Freestyle fountains. Now, Kraft Heinz wants to do the same for dipping sauces. Sauce “bases” include Ketchup, Ranch, 57 Sauce and BBQ Sauce. Customers can pick one (yes, just one) and
Continue ReadingCNN By Krystal Hur, CNN New York (CNN) — Regional bank stocks surged on Wednesday after Western Alliance reported that customer deposits are growing. Western Alliance said in a regulatory filing Tuesday that its deposit balances stabilized by late March, and that its deposit growth exceeded $2 billion between March 31 and May 12 to
Continue ReadingBy Krystal Hur, CNN New York (CNN) — Regional bank stocks surged on Wednesday after Western Alliance reported that customer deposits are growing. Western Alliance said in a regulatory filing Tuesday that its deposit balances stabilized by late March, and that its deposit growth exceeded $2 billion between March 31 and May 12 to around
Continue ReadingBy Brian Fung, CNN Washington (CNN) — OpenAI CEO Sam Altman seems to have achieved in a matter of hours what other tech execs have been struggling to do for years: He charmed the socks off Congress. Despite wide-ranging concerns that artificial intelligence tools like OpenAI’s ChatGPT could disrupt democracy, national security, and the economy,
Continue ReadingCNN By Brian Fung, CNN Washington (CNN) — Days after OpenAI CEO Sam Altman testified in front of Congress and proposed creating a new federal agency to regulate artificial intelligence, a US senator has introduced a bill to do just that. On Thursday, Colorado Democratic Sen. Michael Bennet unveiled an updated version of legislation he
Continue ReadingBy Jennifer Korn New York (CNN) — Meet Telly, the startup company looking to give away free 55-inch televisions. There’s a catch: a second screen attached to the bottom streams non-stop information and advertising based on the household’s extensive personal data. The TVs, subsidized by those ads on the second screen, will begin shipping out
Continue ReadingCNN By Jennifer Korn New York (CNN) — Meet Telly, the startup company looking to give away free 55-inch televisions. There’s a catch: a second screen attached to the bottom streams non-stop information and advertising based on the household’s extensive personal data. The TVs, subsidized by those ads on the second screen, will begin shipping
Continue ReadingCNN By Matt Egan, CNN New York (CNN) — Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN.
Continue ReadingBy Matt Egan, CNN New York (CNN) — Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN. Schumer
Continue ReadingBy Catherine Thorbecke (CNN) — Elizabeth Holmes’ last-minute bid to avoid prison was denied by an appellate court on Tuesday, paving the way for the disgraced Theranos founder to begin her sentence. In a separate ruling Tuesday, Holmes was also ordered to pay $452 million in restitution to those harmed by her crimes, including Theranos
Continue ReadingCNN By Jeanne Sahadi, CNN New York (CNN) — No one can say yet which day the US Treasury would no longer be able to pay all the bills of the United States in full and on time if lawmakers refuse to raise the debt limit. That day — the so-called “X-date” — is currently
Continue ReadingBy Jeanne Sahadi, CNN New York (CNN) — No one can say yet which day the US Treasury would no longer be able to pay all the bills of the United States in full and on time if lawmakers refuse to raise the debt limit. That day — the so-called “X-date” — is currently estimated
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Perdue — yes, the poultry company — is getting into the beer business. Sort of. For the first time ever, Perdue is selling a 12.5-ounce can of beer that’s specifically made for “beer can chicken” in time for the summer grilling season. Appropriately titled “Beer Can Chicken
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — US home building unexpectedly rose in April, climbing 2% from March, as low inventory in the existing home market boosts interest in new homes. However, housing starts, a measure of new home construction, were down 22.3% from a year ago, according to data released Wednesday by the
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — Shoppers are pulling back at Target, Home Depot and other major chains as they face pressure from higher prices and borrowing costs. Target’s total sales ticked up 0.5% during its latest quarter from a year ago, the company said Wednesday. But digital sales fell, and the company
Continue ReadingBy Anna Cooban, CNN London (CNN) — Oxford University will remove the Sackler name from its buildings following a review of its relationship with the family that recently expressed regret for its role in the US opioid crisis. The 900-year old university said in a statement that it would remove the Sackler name from some
Continue ReadingBy Jordan Valinsky, CNN Business New York (CNN) — Oscar Mayer’s Wienermobile is driving off into the sunset. Say hello, to … the Frankmobile. For the first time in its nearly century-long existence, the famous hot-dog-shaped vehicle is changing its name. Oscar Mayer says the new Frankmobile name “pays homage” to the new recipe for
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