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By Nathaniel Meyersohn, CNN The Covid-19 pandemic crushed all-you-can-eat buffets. The owner of Old Country Buffet and Furr’s Fresh Buffet filed for bankruptcy in 2021. About the same time, so did Cicis and the owner of Souplantation and Sweet Tomatoes. Operators cited occupancy restrictions, bans and health concerns. But now buffets are making a comeback.
Continue ReadingBy Clare Duffy, CNN In the days after TikTok’s CEO was grilled by Congress for the first time, many TikTok users began posting about an alternative platform called Lemon8, sometimes with eerily similar language. Multiple creators described the app as being like “if Pinterest and Instagram had a baby, with TikTok’s algorithm.” Some compared it
Continue ReadingBy Jordan Valinsky, CNN Jenny Craig, the weight-loss chain, has confirmed that it’s shutting down for good. “It’s with a heavy heart, we’re announcing the close of our business,” a note on its Facebook page late Thursday. “The last 40 years would not have been possible without you.” Uncertainty surrounding its future started last week
Continue ReadingBy Anna Cooban, CNN A basket of stocks selected by ChatGPT, a chatbot powered by artificial intelligence (AI), has far outperformed some of the most popular investment funds in the United Kingdom. Between March 6 and April 28, a dummy portfolio of 38 stocks gained 4.9% while 10 leading investment funds clocked an average loss
Continue ReadingBy Nathaniel Meyersohn, CNN Accidents on sidewalks and intersections. Dangerously congested bike paths. Delivery workers with nowhere to pee. Exploding electric bikes and scooters. New York City is known for fast meals and easy access to everything, but its public spaces are being severely strained by the surge in on-demand deliveries, fueled by a pandemic
Continue ReadingFrom CNN’s Alicia Wallace, Krystal Hur and Bryan Mena The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Continue ReadingBy Alicia Wallace, CNN The US labor market that was poised for a spring cool just got a touch of heat. The economy added 253,000 jobs in April, according to data released Friday by the Bureau of Labor Statistics. It’s a surprising increase at a time when many indicators were pointing to a slowdown in
Continue ReadingBy Michelle Toh and Anna Cooban, CNN HSBC has seen off an attempt by its biggest shareholder to break up the bank, with an “overwhelming majority” of investors voting Friday to keep the business intact. Shareholders of Europe’s biggest bank gathered at its annual general meeting in the English city of Birmingham Friday. One particularly
Continue ReadingBy Andrew McNicol, CNN First they were seen as cage-fighting meat heads. Then testosterone-fueled trash talkers wearing expensive suits. Could 2023 be the year mixed-martial arts (MMA) in the United States finally returns to its pure, humble beginnings nurtured in Asia nearly 5,000 years ago? “Our mission is not to stage the biggest, bloodiest fights
Continue ReadingBy Laura He, CNN Australia’s exports to China hit a record high in March, as Chinese buyers snapped up Australian commodities from coal to iron ore amid a thaw in bilateral relations. The country’s shipments to China reached 19 billion Australian dollars ($12.8 billion) in March, up 28% from the previous month and 31% from
Continue ReadingBy Rhea Mogul and Manveena Suri, CNN Authorities in the northeastern Indian state of Manipur have issued “shoot-at-sight” orders after violence broke out this week between tribal and non-tribal groups that saw properties and vehicles set ablaze. The state’s governor, Anusuiya Uikey, issued the order on Thursday in a bid to “maintain public order and
Continue ReadingBy Samantha Murphy Kelly, CNN Just a few days ahead of its product launch, Google unveiled an early look at its first foldable smartphone. In a video posted to Twitter and YouTube, the company teased a Pixel phone with a vertical hinge that can be opened to reveal a tablet-like display. The company will host
Continue ReadingBy Catherine Thorbecke and Clare Duffy, CNN Apple on Thursday reported that its revenue fell 3% to $94.8 billion for the first three months of the year, as consumers scale back spending on smartphones and computers due to looming recession fears. The company’s revenue was slightly better than what Wall Street had expected, but it
Continue ReadingCNN By Brian Fung, CNN The White House on Thursday announced a series of measures to address the challenges of artificial intelligence, driven by the sudden popularity of tools such as ChatGPT and amid rising concerns about the technology’s potential risks for discrimination, misinformation and privacy. The US government plans to introduce policies that shape
Continue ReadingBy Brian Fung, CNN New York’s Metropolitan Transportation Authority said it would resume posting automated transit alerts to Twitter on Thursday after the social media company backtracked on a plan to charge public service accounts for access to the platform. In a statement Thursday, MTA Acting Chief Customer Officer Shanifah Rieara said Twitter had tried
Continue ReadingCNN By Vanessa Yurkevich, CNN Already strained movie theater companies could be hurt most from the Writers Guild of America strike, according to an analysis released Thursday. The strike by film and TV writers entered its third day Thursday, with no negotiations currently scheduled with the Alliance of Motion Pictures and Television Producers, which represents
Continue ReadingBy Vanessa Yurkevich, CNN Already strained movie theater companies could be hurt most from the Writers Guild of America strike, according to an analysis released Thursday. The strike by film and TV writers entered its third day Thursday, with no negotiations currently scheduled with the Alliance of Motion Pictures and Television Producers, which represents management
Continue ReadingBy Jordan Valinsky, CNN Business Paramount Global shares plunged more than 25% after a dismal first-quarter earnings report. Citing a weak advertising market in its TV business, the company also cut its dividend sharply. Paramount+ reached 60 million global subscribers and revenue grew 65% year over year. But losses of its direct-to-consumer unit grew to
Continue ReadingBy Lauren del Valle, Nicki Brown and Sabrina Souza, CNN A Manhattan jury found Ed Sheeran’s hit “Thinking Out Loud” did not infringe on the copyright of the classic Marvin Gaye song “Let’s Get It On.” The jury determined that Sheeran did not wrongfully copy compositional elements or melodies from “Let’s Get It On.” The
Continue ReadingBy Jordan Valinsky, CNN Business Anheuser-Busch InBev CEO Michel Doukeris addressed the Bud Light controversy in the company’s earnings call Thursday, saying it’s “too early to have a full view” of the impact of sponsoring an Instagram post by transgender influencer Dylan Mulvaney. “The Bud Light volume decline in the US over the first three
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