Business Archives

US is investigating Delta’s flight cancellations and faltering response to global tech outage

July 23, 2024 8:30 AM Associated Press

U.S. regulators are investigating how Delta Air Lines is treating passengers affected by canceled and delayed flights as the airline struggles…

Most airlines except one are recovering from the CrowdStrike tech outage. The feds have noticed

July 23, 2024 4:30 AM Associated Press

Delta Air Lines struggled for a fourth straight day to recover from a worldwide technology outage caused by a faulty software update,…

US investigating some Jeep and Ram vehicles after getting complaints of abrupt engine stalling

July 22, 2024 8:58 AM CNN Newsource

DETROIT (AP) — U.S. auto safety regulators are investigating complaints that some Ram pickup trucks and Jeep Wagoneer SUVs can lose power, shift…

Bud Light loses more ground, slipping to No. 3 in America

July 18, 2024 10:19 AM CNN Newsource

Originally Published: 18 JUL 24 07:45 ET Updated: 18 JUL 24 10:20 ET By Jordan Valinsky, CNN New York (CNN) — Bud Light, formerly the top-selling…

Armani and Dior probed in Italy following worker exploitation claims

July 17, 2024 8:36 AM CNN Newsource

Originally Published: 17 JUL 24 11:14 ET By Hanna Ziady, Barbie Latza Nadeau and Lauren Kent, CNN London/Rome (CNN) — Italy’s competition…

Hacker group claims it leaked internal Disney Slack messages over AI concerns

July 16, 2024 8:56 AM CNN Newsource

Originally Published: 15 JUL 24 19:38 ET Updated: 15 JUL 24 23:34 ET By Ramishah Maruf, CNN New York (CNN) — An activist hacking group claimed…

Biden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflation

July 15, 2024 1:52 PM Associated Press

Associated Press WASHINGTON (AP) — President Joe Biden is ready to propose a 5% cap on annual rent increases for tenants of major landlords.…

Google is close to making its biggest acquisition ever

July 15, 2024 9:50 AM CNN Newsource

Originally Published: 15 JUL 24 12:23 ET By Matt Egan and Jordan Valinsky, CNN New York (CNN) — Google owner Alphabet is in advanced discussions to…

A big bank threatens to end free checking. Others may follow. Here’s why that sounds worse than it is

July 12, 2024 10:02 AM CNN Newsource

Originally Published: 12 JUL 24 06:00 ET Updated: 12 JUL 24 09:48 ET By Jeanne Sahadi, CNN New York (CNN) — Most banks offer free checking if, for…

Costco membership fees are going up for the first time since 2017

July 11, 2024 8:18 AM CNN Newsource

Originally Published: 10 JUL 24 17:56 ET Updated: 10 JUL 24 18:42 ET By Elisabeth Buchwald, CNN New York (CNN) — It’s soon going to cost more…

Prices fell in June for the first time since the start of the pandemic

July 11, 2024 8:14 AM CNN Newsource

Originally Published: 11 JUL 24 08:33 ET Updated: 11 JUL 24 08:46 ET By Alicia Wallace, CNN (CNN) — US consumer prices did something in June that…

Target will stop accepting this old-school form of payment

July 10, 2024 9:02 AM CNN Newsource

Originally Published: 10 JUL 24 10:25 ET Updated: 10 JUL 24 10:41 ET By Erika Tulfo, CNN (CNN) — Target will stop accepting personal checks from…

Jeep Wrangler, recall, wrangler recall, jeep recall

NHTSA launches recall query into 94,000 Jeep Wranglers as loss of motive power complaints continue

July 9, 2024 10:04 AM Associated Press

AP Business Writer NEW YORK (AP) — The U.S. government’s auto safety agency is investigating a potential “loss of motive power” in more…

City of Watsonville discusses a three-year lease for Joby Aviation College

July 8, 2024 12:49 PM Jeanette Bent

WATSONVILLE, Calif. (KIONTV) — The Watsonville City Council will discuss approving a three year aeronautical commercial lease Tuesday for Joby…

Hatch recalls nearly 1 million power adapters sold with baby sound machines due to shock hazard

July 8, 2024 10:30 AM Associated Press

NEW YORK (AP) — Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed to help…

US economy added 206,000 jobs in June, indicating a steady slowdown

July 5, 2024 8:01 AM CNN Newsource

Originally Published: 05 JUL 24 05:30 ET Updated: 05 JUL 24 10:29 ET By Alicia Wallace, CNN (CNN) — Welcome to the “steady-as-she-goes” US…

What to look for in Friday’s jobs report

July 4, 2024 7:17 AM CNN Newsource

Originally Published: 04 JUL 24 08:00 ET By Alicia Wallace, CNN (CNN) — The US labor market has held its own despite swirling forces — high…

Justice Department charges nearly 200 people in $2.7 billion health care fraud crackdown

June 27, 2024 12:15 PM CNN Newsource

By Hannah Rabinowitz, CNN (CNN) — The Justice Department announced a sweeping series of charges Thursday against nearly 200 people accused of…

Walgreens will close a ‘significant’ number of its 8,600 US locations

June 27, 2024 5:36 AM CNN Newsource

Originally Published: 27 JUN 24 07:37 ET Updated: 27 JUN 24 08:15 ET By Jordan Valinsky, CNN New York (CNN) — Walgreens is set to close a…

Levi’s under fire after supplier laid off hundreds of workers

June 26, 2024 4:34 AM CNN Newsource

Originally Published: 26 JUN 24 05:07 ET By Scott McLean and Umut Sevdi Tangor, CNN Istanbul (CNN) — Levi’s is a global brand that says it has…

Tesla has issued two recalls on the Cybertruck

Tesla is recalling the Cybertruck again, this time because a piece can fly off

June 25, 2024 12:43 PM CNN Newsource

By Peter Valdes-Dapena, CNN (CNN) — Tesla has issued two recalls on the Cybertruck, its third and fourth, since the model was introduced late last…

21 million Miniverse toy sets recalled due to danger of skin burn, eye and respiratory irritation

June 25, 2024 11:28 AM CNN Newsource

By Parija Kavilanz, CNN New York (CNN) — Millions of Miniverse toy sets made by toymaker MGA Entertainment have been recalled because they pose…

myCharge, portable charger recall, recall

Consumer Product Safety Commission recalls myCharge portable chargers

June 24, 2024 12:11 PM Jeanette Bent

Washington, D.C. (KION-TV) — The Consumer Product Safety Commission (CPSC) announced a recall last week that involves myCharge POWER HUB All-In-One…

Hooters is the latest chain to close dozens of locations across the US.

Hooters closes several ‘underperforming’ restaurants

June 24, 2024 10:30 AM CNN Newsource

Originally Published: 24 JUN 24 11:56 ET By Jordan Valinsky, CNN New York (CNN) — Hooters is the latest chain to close dozens of locations across…

How has the CDK Global shutdown affected your car dealership experience?

June 24, 2024 10:27 AM CNN Newsource

Originally Published: 24 JUN 24 12:50 ET By Eva Rothenberg, CNN (CNN) — CDK Global, a retail software provider, has been grappling with a…

Car dealerships hit with second day of massive computer system outage

June 20, 2024 7:04 AM CNN Newsource

Originally Published: 19 JUN 24 16:06 ET Updated: 20 JUN 24 09:03 ET By Peter Valdes-Dapena, CNN (CNN) — A second cyber incident at data provider…

Boeing hid questionable parts from regulators that may have been installed in 737 Max planes, new whistleblower alleges

June 18, 2024 6:39 AM CNN Newsource

Originally Published: 18 JUN 24 07:37 ET Updated: 18 JUN 24 08:52 ET By Chris Isidore and Gregory Wallace, CNN Washington (CNN) — A current Boeing…

Ex-employees sue Elon Musk and SpaceX, claiming illegal firings after they called out alleged gender bias and harassment

June 13, 2024 11:02 AM CNN Newsource

Originally Published: 12 JUN 24 14:46 ET Updated: 13 JUN 24 09:32 ET By Clare Duffy, CNN New York (CNN) — SpaceX and CEO Elon Musk were sued on…

66% of Americans give companies a failing grade for CEO pay

June 12, 2024 8:08 AM CNN Newsource

Originally Published: 12 JUN 24 06:30 ET By Matt Egan, CNN New York (CNN) — Americans are fed up with massive CEO pay packages. More than 8 in 10…

Fox board members subpoenaed in Smartmatic’s defamation lawsuit over 2020 election lies

June 11, 2024 10:51 AM CNN Newsource

Originally Published: 11 JUN 24 13:15 ET By Jon Passantino, CNN (CNN) — Four Fox Corporation board members have been subpoenaed in voting…

Here’s the ‘bad news’ in the ‘good’ jobs report

June 7, 2024 10:30 AM CNN Newsource

Originally Published: 07 JUN 24 11:35 ET By Alicia Wallace, CNN (CNN) — At a time when Americans and the Federal Reserve are clamoring…

US economy added a whopping 272,000 jobs in May

June 7, 2024 9:07 AM CNN Newsource

Originally Published: 07 JUN 24 06:00 ET Updated: 07 JUN 24 11:59 ET By Alicia Wallace, CNN (CNN) — US job growth shot much higher than expected in…

Job openings fall to new 3-year low

June 4, 2024 7:54 AM CNN Newsource

Originally Published: 04 JUN 24 10:03 ET Updated: 04 JUN 24 10:22 ET By Alicia Wallace, CNN (CNN) — The number of job openings in the US shrank for…

What’s open and closed on Memorial Day 2024

May 27, 2024 4:01 AM CNN Newsource

Originally Published: 26 MAY 24 09:30 ET By Ramishah Maruf, CNN New York (CNN) — Memorial Day is the unofficial start of summer, with many students…

Amazon is slashing prices on 4,000 grocery items, joining Target and Walmart

May 24, 2024 10:22 AM CNN Newsource

Originally Published: 24 MAY 24 11:39 ET By Parija Kavilanz, CNN New York (CNN) — Amazon Fresh has joined the growing ranks of retailers that are…

Some iPhone users eligible for $349 in lawsuit settlement payout over audio issues

May 24, 2024 10:15 AM CNN Newsource

Originally Published: 24 MAY 24 11:40 ET By Samantha Murphy Kelly, CNN (CNN) — Some iPhone 7 and iPhone 7 Plus owners may be eligible for a payout…

Live Nation, Ticketmaster’s parent company, sued in groundbreaking monopoly lawsuit

May 23, 2024 8:46 AM CNN Newsource

Originally Published: 23 MAY 24 10:30 ET Updated: 23 MAY 24 11:33 ET By Brian Fung and Hannah Rabinowitz, CNN Washington (CNN) — In a…

Bruce Nordstrom, who helped grow family-led department store chain, dies at 90

May 20, 2024 10:19 AM Associated Press

SEATTLE (AP) — Bruce Nordstrom, a retail executive who helped expand his family’s Pacific Northwest department store chain into an upscale…

Target is cutting prices on up to 5,000 items to lure back inflation-wary shoppers

May 20, 2024 10:09 AM CNN Newsource

Originally Published: 20 MAY 24 07:48 ET Updated: 20 MAY 24 12:28 ET By Jordan Valinsky, CNN New York (CNN) — Target has slashed prices on more…

Red Lobster files for bankruptcy

May 20, 2024 7:56 AM CNN Newsource

Originally Published: 20 MAY 24 07:06 ET Updated: 20 MAY 24 09:34 ET By Nathaniel Meyersohn, CNN New York (CNN) — Red Lobster, which brought…

City unveils new renderings for downtown library project, construction expected to begin in 2025

June 23, 2020 2:06 PM Avery Johnson, Briana Mathaw, Derrick Ow

The Santa Cruz City Council is expected to discuss developing a mixed-use project and moving the downtown library to the ground…

TikTok’s new suitor is former Dodgers owner Frank McCourt, as another lawsuit pushes back against ban

May 15, 2024 9:12 AM CNN Newsource

Originally Published: 15 MAY 24 10:19 ET By Brian Fung and Clare Duffy, CNN New York (CNN) — Another wealthy investor says he’s organizing a bid…

Boeing may be prosecuted after breaking safety agreement that prevented criminal charges for 737 crashes, US DOJ says

May 15, 2024 4:46 AM CNN Newsource

Originally Published: 14 MAY 24 19:17 ET Updated: 15 MAY 24 07:40 ET By Evan Perez, CNN (CNN) — The US Justice Department on Tuesday notified…

Consumers haven’t felt this bad about the economy since November

May 10, 2024 10:45 AM CNN Newsource

Originally Published: 10 MAY 24 10:11 ET Updated: 10 MAY 24 13:22 ET By Elisabeth Buchwald, CNN New York (CNN) — Consumer sentiment plunged to the…

Hyundai and Kia models topped US auto theft rankings last year

May 10, 2024 10:40 AM CNN Newsource

Originally Published: 10 MAY 24 08:00 ET Updated: 10 MAY 24 11:08 ET By Peter Valdes-Dapena, CNN (CNN) — Two Hyundai models and one Kia were the…

Target is dialing back on Pride merchandise after right-wing backlash

May 10, 2024 10:30 AM CNN Newsource

Originally Published: 10 MAY 24 07:00 ET Updated: 10 MAY 24 12:53 ET By Jordan Valinsky, CNN New York (CNN) — Target is limiting the number of…

The Chevy Malibu, the brand’s last sedan, will end production

May 9, 2024 10:42 AM CNN Newsource

Originally Published: 09 MAY 24 10:53 ET By Peter Valdes-Dapena, CNN (CNN) — The Chevrolet Malibu, the last sedan still sold by General Motors’…

Senators negotiating stack of amendments for FAA bill as deadline approaches

May 8, 2024 4:32 AM CNN Newsource

Originally Published: 08 MAY 24 06:00 ET By Gregory Wallace, CNN Washington (CNN) — Staring down an end-of-the-week deadline to pass major Federal…

Panera is dropping Charged Lemonade, the subject of multiple wrongful death lawsuits

May 7, 2024 10:26 AM CNN Newsource

Originally Published: 07 MAY 24 12:47 ET Updated: 07 MAY 24 13:02 ET By Jordan Valinsky, CNN New York (CNN) — Panera Bread is eliminating Charged…

TikTok sues US to block law that could ban the social media platform

May 7, 2024 9:38 AM Associated Press

TikTok and its Chinese parent company ByteDance are suing the U.S. federal government to challenge a law that would force the sale of ByteDance’s…