By Jordan Valinsky, CNN Baked goods company Entenmann’s is bringing back its cellophane window packaging after a two-year absence caused by flood damage at the factory that produces the iconic white and blue cartons. The cellophane window has been a recognizable feature for more than 70 years, allowing shoppers to view the tasty treats they’re
Continue Reading By Samantha Murphy Kelly, CNN Business Microsoft will roll out on Tuesday an update to Windows 11 that puts its new AI-powered Bing capabilities front and center on its taskbar, one of the operating system’s most widely used features, in the latest sign the company is doubling down on the buzzy technology despite some recent
Continue Reading By Nicole Goodkind, CNN 2022 was the worst year on record for bonds. Despite a promising start, 2023 is starting to look rough, too. The recent global bond rally appears to be tapering off as investors are getting a cold wet dose of reality about Fed rate hikes. Bad news for bonds could spell bad
Continue Reading By Jordan Valinsky, CNN Target’s decision to cut prices to boost sales has paid off. The retailer’s holiday-quarter sales at stores open at least a year rose nearly 1% compared to same period in 2021. That came in well above analysts’ expectations: Wall Street had expected sales to slip. Consumers spent more of their money
Continue Reading By Rhea Mogul, CNN Dancing South Korean diplomats have won the hearts of millions of Indians with their viral video performance of Oscar-nominated song “Naatu Naatu,” reinforcing Seoul’s soft power diplomacy and even earning a nod of approval from India’s leader. In a video clip posted to Twitter on Sunday, staff from South Korea’s embassy
Continue Reading By Oliver Darcy, Jon Passantino, Marshall Cohen, Nicki Brown, Kate Trafecante, Anna Bahney and Jeanne Sahadi, CNN A trove of text messages, emails, and other material from Fox News executives and on-air personalities were made public Tuesday as part of Dominion Voting Systems’ $1.6 billion defamation lawsuit against the right-wing channel. Among the the hundreds
Continue Reading By Brian Fung, CNN Twitter has unveiled a new policy on violent speech that expands restrictions on some types of threats uttered on its platform, including new prohibitions on using coded language to incite violence indirectly as well as a ban on wishing harm on others and on making direct threats against physical infrastructure. “Healthy
Continue Reading By Catherine Thorbecke, CNN Elon Musk has reclaimed the title of the richest person in the world, per Bloomberg’s tally. The Tesla CEO was unseated from the top spot by Bernard Arnault, CEO of French luxury brand LVMH, in December of last year, making Musk No. 2 on the list for more than two months.
Continue Reading By Oliver Darcy and Jon Passantino, CNN Rupert Murdoch, the chairman of Fox Corporation, acknowledged in a deposition taken by Dominion Voting Systems that some Fox News hosts endorsed false claims that the 2020 election was stolen. Murdoch’s remarks were made public in a legal filing as part of Dominion’s $1.6 billion lawsuit against Fox
Continue Reading By Oliver Darcy, CNN Rupert Murdoch, the chairman of Fox Corporation, acknowledged in a deposition taken by Dominion Voting Systems that some Fox News hosts endorsed false claims that the 2020 election was stolen. Murdoch’s remarks were made public in a legal filing as part of Dominion’s $1.6 billion lawsuit against Fox News. In his
Continue Reading By Brian Fung, CNN The Canadian government is banning TikTok from official electronic devices, making it the latest to announce restrictions on the short-form video app in light of cybersecurity concerns. The ban is set to take effect on Tuesday. Government-issued devices will be blocked from downloading TikTok, and existing installations of the app will
Continue Reading By Brian Fung, CNN The Canadian government is banning TikTok from official electronic devices, making it the latest to announce restrictions on the short-form video app in light of cybersecurity concerns. The ban is set to take effect on Tuesday. Government-issued devices will be blocked from downloading TikTok, and existing installations of the app will
Continue Reading By Ramishah Maruf, CNN TD Bank will pay $1.2 billion to settle a lawsuit alleging its involvement in an infamous $7 billion Ponzi scheme orchestrated by disgraced financier Allen Stanford more than a decade ago. Toronto-Dominion Bank agreed to pay $1.205 billion to a court-appointed receiver who will in turn pay back victims of the
Continue Reading By Anna Bahney, CNN Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers jumped at the opportunity. According to data released Monday from the National Association of Realtors, it was the largest monthly sales increase since June 2020. The pending sales index, based
Continue Reading By Alicia Wallace, CNN Treasury Secretary Janet Yellen said Monday she believes US inflation remains too high but that a soft landing is on the radar. During an exclusive interview with CNN’s Melissa Bell from Kyiv, Yellen said the Federal Reserve’s efforts to date to bring down inflation while maintaining a strong labor market appear
Continue Reading By Jon Passantino and Oliver Darcy, CNN Andrews McMeel Universal, the company that syndicates “Dilbert,” said it is cutting ties with the comic strip’s creator, Scott Adams, after his racist remarks about Black Americans led hundreds of newspapers across the country to drop the satirical cartoon. In a joint statement, Andrews McMeel Chairman Hugh Andrews
Continue Reading By Paul R. La Monica, CNN So much for that big stock market comeback this year. Sure, it’s only February. But the Dow is now down almost 1% after a sizzling start to the year. At one point in mid-January, the average of 30 blue chips was up nearly 4% in 2023. The S&P 500
Continue Reading By Ramishah Maruf, CNN Warner Bros. Discovery filed a lawsuit against Paramount Friday, claiming the rival media company breached its half-billion-dollar exclusivity contract with HBO Max by airing “South Park” on its own streaming platform, Paramount+. HBO Max is a unit of Warner Bros. Discovery, which also owns CNN. Nearly all “South Park” episodes air
Continue Reading By Jennifer Korn Nokia redesigned its logo for the first time in decades to distance itself from its public image as a phone company. The new logo, announced on Sunday, features five different shapes coming together to spell NOKIA. The font is sleeker and the classic shade of blue associated with the brand is replaced
Continue Reading By Clare Duffy, CNN Nearly a decade after Facebook angered some users by splitting off messaging features from its flagship social networking application and forcing people to download a separate app to chat with friends, the company is now testing out reversing the move. In an interview with CNN, Facebook head Tom Alison said the
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