By Ramishah Maruf, CNN Business As threats to democracy become increasingly mainstream, traditional norms and practices of covering politics must be rethought, Jay Rosen, journalism professor at New York University, said on “Reliable Sources” Sunday. “American news media knows how to cover two parties that are basically equal fighting for power. But when one party
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By Frank Pallotta, CNN Business “West Side Story” had little to sing about this weekend. 20th Century Studios’ remake of the 1961 classic musical brought in an estimated $10.5 million for its opening in North America this weekend. This total was below expectations, which projected the film to make closer to $15 million in its
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By Allison Morrow, CNN Business President Joe Biden and other politicians will tell you inflation is Corporate America’s fault. Corporate America blames the administration’s pandemic assistance programs for putting too much cash into the economy. The reality, economists say, is that it’s all of those things. And more. On Friday, the consumer price index showed
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By Oliver Darcy and Brian Stelter, CNN Fox News anchor Chris Wallace, one of the few high-profile news personalities who retained a reputation of integrity as Fox leaned hard into right-wing and conspiratorial programming, announced Sunday that he is departing the network and joining CNN+ to host a weekday show. Wallace made the stunning announcement
Continue Reading By Oliver Darcy and Brian Stelter, CNN Fox News anchor Chris Wallace, one of the few high-profile news personalities who retained a reputation of integrity as Fox leaned hard into right-wing and conspiratorial programming, announced Sunday that he is departing the network and joining CNN+ to host a weekday show. Wallace made the stunning announcement
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By Akanksha Sharma, CNN Narendra Modi‘s Twitter handle was “very briefly compromised,” his office said, when a tweet was sent from the Indian Prime Minister’s account saying his country had adopted Bitcoin and would be distributing the cryptocurrency. “The matter was escalated to Twitter and the account has been immediately secured,” the Indian PM’s office
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By Chris Isidore, CNN Business If you have a job today, chances have never been better that you can keep it as long as you want. There’s been a lot of attention to the “Great Resignation,” the record number of people quitting their jobs amid the pandemic’s upheavals. More than four million workers quit their
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By Jennifer Korn Over the summer, an anonymous hacker stole roughly $600 million in cryptocurrency from Poly Network, a decentralized finance network many outside the crypto world had likely never heard of. Then the hacker gave it back. Four months later, hackers stole at least $150 million from crypto exchange Bitmart. According to one analysis,
Continue Reading By Jennifer Korn Over the summer, an anonymous hacker stole roughly $600 million in cryptocurrency from Poly Network, a decentralized finance network many outside the crypto world had likely never heard of. Then the hacker gave it back. Four months later, hackers stole at least $150 million from crypto exchange Bitmart. According to one analysis,
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By Julia Horowitz, CNN Business The economic recovery from the coronavirus has always been uneven, with different parts of the world bouncing back at different speeds. But this divergence could be about to get worse, creating headaches for the policymakers who have to manage what happens next. What’s happening: The biggest central banks in the
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By Frank Pallotta, CNN Business Kate McKinnon returned to “Saturday Night Live” this week and opened the show portraying Dr. Anthony Fauci. The doctor gave the audience scenarios for how to handle the holidays and the pandemic. “I’m back!” McKinnon’s Fauci said during McKinnon’s first appearance of the season. “Do people still think I’m sexy
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by Carma Hassan, CNN and Reuters At least six people died at an Amazon warehouse building collapse after an EF-3 tornado caused major structural damage to the building Friday, according to the Edwardsville Fire Department in Illinois. Forty-five people made it out of the building, with one person airlifted to a regional hospital for treatment,
Continue Reading by Carma Hassan, CNN and Reuters At least six people died at an Amazon warehouse building collapse after an EF-3 tornado caused major structural damage to the building Friday, according to the Edwardsville Fire Department in Illinois. Forty-five people made it out of the building, with one person airlifted to a regional hospital for treatment,
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By Ramishah Maruf, CNN Business Ford is increasing output for its Mustang Mach-Es in 2022, Ford Motor Company CEO Jim Farley announced Friday in a tweet. The company’s first mainstream all-electric vehicle is expected to reach more than 200,000 units per year for North America and Europe by 2023, Farley said, tripling its current rate.
Continue Reading By Ramishah Maruf and Reuters At least two people have died at an Amazon warehouse building collapse in Illinois, Edwardsville police chief Michael Fillback confirmed to reporters Saturday morning. A tornado Friday caused major structural damage to the building. Fillback added one person who worked at the warehouse is hospitalized but said he did not
Continue Reading By Ramishah Maruf and Reuters At least two people have died at an Amazon warehouse building collapse in Illinois, Edwardsville police chief Michael Fillback confirmed to reporters Saturday morning. A tornado Friday caused major structural damage to the building. Fillback added one person who worked at the warehouse is hospitalized but said he did not
Continue Reading By Jackie Wattles, CNN Business Jeff Bezos’ rocket company, Blue Origin, sent Good Morning America host Michael Strahan, the daughter of famed astronaut Alan Shepard, and four paying customers on a supersonic joy ride to the edge of space Saturday morning. The group blasted off aboard Blue Origin’s suborbital space tourism rocket at 9:01 am
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By Danielle Wiener-Bronner, CNN Business Bad news for American consumers: It’s getting more expensive to dine out, and it’s getting more expensive to eat at home. Restaurant prices spiked 5.8% over the 12 months ending in November without seasonal adjustments, the Bureau of Labor Statistics said Friday. That’s the largest 12-month increase since the year
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By Matt Egan, CNN Business New car prices are skyrocketing at the fastest pace on record. And Senator Elizabeth Warren says a lack of competition in the semiconductor industry is at least partially to blame. The world is in the midst of an epic computer chip shortage, one largely driven by Covid outbreaks and skyrocketing
Continue Reading By Jackie Wattles, CNN Business Jeff Bezos’ rocket company, Blue Origin, sent Good Morning America host Michael Strahan, the daughter of famed astronaut Alan Shepard, and four paying customers on a supersonic joy ride to the edge of space Saturday morning. The group blasted off aboard Blue Origin’s suborbital space tourism rocket at 9:01 am
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