By Chris Isidore, CNN Business Covid lockdowns in China resulted in a rare drop in production and sales for Tesla in the second quarter. The electric automaker reported that completed sales dropped nearly 18%, to about 255,000 vehicles in the second quarter compared to the first three months of the year. Production fell 15% to
Continue Reading By Ramishah Maruf, CNN There appears to be no end of trouble in sight for flyers this week — a chaotic July Fourth weekend has spawned at least 1,100 cancellations since Friday as airlines grapple with staffing shortages and poor weather amid an abundance of passengers. More than 7,800 US flights were delayed Friday —
Continue Reading By Isil Sariyuce, Maija Ehlinger and Ivana Kottasová, CNN Turkey has blocked access to the Turkish websites of foreign media Deutsche Welle and Voice of America, the country’s media watchdog announced on Friday. A statement released by the Turkish Radio and Television Supreme Council (RTUK) said the two outlets did not comply with “the law”
Continue Reading By Allison Morrow, CNN Business All stores have marketing tactics to get you in the door — stylish mannequins, elaborate display windows, posters screaming about all the discounts you can find inside. But some are far more subtle, so much so that chances are you’ve hardly ever noticed them. Picture your local grocery store, for
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Hy-Vee, Inc. is voluntarily withdrawing all of its Hy-Vee Potato Salad and Mealtime Potato Salad due to a presumptive positive microbial result on the line that the potatoes were processed on.
Continue Reading By Jennifer Korn, CNN Business With safe, legal abortion access in the United States being restricted in numerous states after last week’s Supreme Court decision to overturn Roe v. Wade, abortion-seekers are increasingly turning to online resources to seek medical care. Traffic to telehealth abortion platforms has skyrocketed in the last several days and weeks,
Continue Reading By Jennifer Korn, CNN Business With safe, legal abortion access in the United States being restricted in numerous states after last week’s Supreme Court decision to overturn Roe v. Wade, abortion-seekers are increasingly turning to online resources to seek medical care. Traffic to telehealth abortion platforms has skyrocketed in the last several days and weeks,
Continue Reading By Jackie Wattles, CNN Business SpaceX’s satellite-based internet business, Starlink, now has approval from the US government to expand its service to planes, ships, automobiles, RVs and other mobile vehicles. The move sets the company up to expand its customer base, which so far has been focused solely on providing roughly $100-per-month internet services to
Continue Reading by Chiara Grimes, CNN Business For the 44 million Spanish-speaking individuals in the United States, opening a bank account can be an intimidating journey with an array of obstacles. Seis, a new bank targeting Spanish-speaking people, is trying to reshape the mobile banking experience to be more inclusive of immigrants. Trevor McKendrick, the company’s founder,
Continue Reading by Chiara Grimes, CNN Business For the 44 million Spanish-speaking individuals in the United States, opening a bank account can be an intimidating journey with an array of obstacles. Seis, a new bank targeting Spanish-speaking people, is trying to reshape the mobile banking experience to be more inclusive of immigrants. Trevor McKendrick, the company’s founder,
Continue Reading By Nathaniel Meyersohn, CNN Business The baby formula shortage in the United States has left many mothers and families desperately scrambling to feed their infants. The shortage has been made more acute by the low rate of breastfeeding in the country compared to most industrialized nations, health researchers say, which has made the United States
Continue Reading By Toyin Owoseje, CNN Minecraft YouTuber Technoblade has died at the age of 23 following a year-long battle with cancer, his family announced Friday. In a YouTube video entitled “so long nerds,” the content creator’s father shared a final message from his son with his subscribers. “Hello everyone, Technoblade here,” the message began. “If you’re
Continue Reading By Brian Fung, CNN US Android app developers will be able to claim money from a new $90 million fund Google will establish as part of a wider settlement with app makers over the tech giant’s app store practices, the company said Thursday. The proposed settlement is designed to address app developers’ years-long allegations that
Continue Reading By Brian Fung, CNN US Android app developers will be able to claim money from a new $90 million fund Google will establish as part of a wider settlement with app makers over the tech giant’s app store practices, the company said Thursday. The proposed settlement is designed to address app developers’ years-long allegations that
Continue Reading By Matt McFarland, CNN Business The Department of Transportation announced Thursday that it will soon fund up to $1 billion in projects to reconnect city neighborhoods that have been scarred by highways. Urban experts say the investment pales in comparison to the long-running negative impacts of urban highways, but welcome the funding as a way
Continue Reading By Julia Horowitz, CNN Business Few investors will have experienced a tougher beginning to a year than the six-month stretch that just finished. Professionals have been beaten down, while amateur traders — used to 2021’s eye-popping rallies — were dealt a harrowing reality check. What’s happening: The S&P 500 notched its worst start since 1970,
Continue Reading By Jordan Valinsky, CNN Business Kohl’s is no longer for sale. The department store announced Friday that it has ended its strategic review process and will no longer consider selling itself to Franchise Group, a holding company that owns The Vitamin Shoppe and other retail brands. Kohl’s blamed extreme market volatility and said its finances
Continue Reading By Jordan Valinsky, CNN Business Kohl’s is no longer for sale. The department store announced Friday that it has ended its strategic review process and will no longer consider selling itself to Franchise Group, a holding company that owns The Vitamin Shoppe and other retail brands. Kohl’s blamed extreme market volatility and said its finances
Continue Reading By Rachel Metz, CNN Business A million bears walking on the streets of Hong Kong. A strawberry frog. A cat made out of spaghetti and meatballs. These are just a few of the text descriptions that people have fed to cutting-edge artificial intelligence systems in recent weeks, which these systems — notably OpenAI’s DALL-E 2
Continue Reading By Catherine Thorbecke, CNN Business Days after meal-kit service Daily Harvest announced the voluntary recall of one of its products, the company has been hit with two lawsuits from individuals who said they had their gallbladders removed after consuming it. Daily Harvest, a direct-to-consumer brand that relied on a network of online influencers to promote
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