By Chris Isidore, CNN Are college athletes employees? In a potentially game-changing move, the National Labor Relations Board’s regional office in Los Angeles has taken a step forward to define USC players that way. On Thursday, the NLRB’s Los Angeles office found merit in an unfair labor practice complaint filed on behalf of players on
Continue Reading By Oliver Darcy, CNN Business Twitter on Thursday evening banned the accounts of several high-profile journalists from the nation’s top news organizations, marking a significant attempt by new owner and self-described free speech absolutist Elon Musk to wield his unilateral authority over the platform to censor the press. The accounts belonging to CNN’s Donie O’Sullivan,
Continue Reading By Oliver Darcy, CNN Twitter on Thursday evening banned the accounts of several high-profile journalists from top news organizations without explanation, apparently marking a significant attempt by new owner Elon Musk to wield his unilateral authority over the platform. The accounts belonging to CNN’s Donie O’Sullivan, The New York Times’ Ryan Mac, The Washington Post’s
Continue Reading By David Culver and Nicole Barron At 26, Ixchel Hernandez has become the defender and protector of her family’s modest apartment. In the two decades they’ve lived in their Los Angeles home, the family of four has successfully fought against multiple attempts aimed at pricing and, ultimately, forcing them out. “We are human beings with
Continue Reading By Samantha Murphy Kelly, CNN Business TikTok may surface potentially harmful content related to suicide and eating disorders to teenagers within minutes of them creating an account, a new study suggests, likely adding to growing scrutiny of the app’s impact on its youngest users. In a report published Wednesday, the non-profit Center for Countering Digital
Continue Reading By Brian Fung, CNN Two technology industry groups asked the Supreme Court on Thursday to review a hotly debated Texas law restricting social media platforms’ ability to moderate content, potentially opening the door to a sweeping reinterpretation of First Amendment precedent. The challenged state law, known as HB 20, would allow for lawsuits against tech
Continue Reading By Brian Fung, CNN Two technology industry groups asked the Supreme Court on Thursday to review a hotly debated Texas law restricting social media platforms’ ability to moderate content, potentially opening the door to a sweeping reinterpretation of First Amendment precedent. The challenged state law, known as HB 20, would allow for lawsuits against tech
Continue Reading By Alicia Wallace, CNN Last year, bonuses were bountiful. This year, economic uncertainty is bringing a chill to the holiday-season perk, according to survey data released Thursday by Challenger, Gray & Christmas. More than 81% of the 252 employers surveyed by the outplacement firm said they planned to freeze the value of holiday bonuses at
Continue Reading By Vanessa Yurkevich, CNN A typical morning at the Schnitzler household starts with David and Allison feeding their 17-month-old Winston. Allison, 33, and David, 32, play with Winston as they both get ready to go to work. Allison heads out the door — to her family medical practice — and David, an insurance underwriter, starts
Continue Reading By Jordan Valinsky, CNN Business Taco Bell is spinning up new varieties of its popular Mexican Pizza. The chain revealed that it’s testing two new types of the beloved menu item, which came back in May following a two-year absence because of pandemic-induced menu changes. For the unfamiliar, the Mexican Pizza consists of a flat,
Continue Reading By Anna Bahney, CNN Mortgage rates fell once again this week, dipping for the fifth straight week. The 30-year fixed-rate mortgage averaged 6.31% in the week ending December 15, down from 6.33% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.12%. Mortgage rates have risen throughout most of
Continue Reading By Clare Duffy, CNN A group of former employees suing Elon Musk’s Twitter scored an early win Wednesday when a judge ordered the company to inform any laid-off staffers of the pending lawsuit. The move ensures workers will be better informed before they are required to sign a severance agreement that includes a release of
Continue Reading By Oliver Darcy, CNN Business Staffers at The Washington Post are livid at publisher Fred Ryan. That’s according to conversations I had on Wednesday with nearly a dozen employees at The Post who expressed fury at the way Ryan announced in a town hall that the company would undergo layoffs in early 2023. Ryan said
Continue Reading By Oliver Darcy, CNN Business Staffers at The Washington Post are livid at publisher Fred Ryan. That’s according to conversations I had on Wednesday with nearly a dozen employees at The Post who expressed fury at the way Ryan announced in a town hall that the company would undergo layoffs in early 2023. Ryan said
Continue Reading By Catherine Thorbecke, CNN The next time you order a meal from Uber Eats, it may be delivered by a robot — at least if you live in Miami. Starting on Thursday, some Miami residents can order their Uber Eats takeout to be delivered via autonomous, sidewalk-trotting robots thanks to a new partnership between the
Continue Reading By Paul R. La Monica, CNN Christmas is just 10 days away, and investors hoping for a Santa Claus rally have found little holiday cheer on Wall Street this month — especially Thursday. The Dow plummeted nearly 765 points, or 2.3%, Thursday, and it is down 4% in December following solid gains the previous two
Continue Reading By Alicia Wallace, CNN Black Friday may have been back in fashion this year, but the strong turnout at the start of the holiday shopping season last month wasn’t enough to counter a broader consumer pullback in spending. US retail sales fell sharply at the start of the holiday shopping season, dropping by 0.6% during
Continue Reading By Alicia Wallace, CNN The number of first-time claims for unemployment benefits fell to 211,000 for the week ended December 10, according to data released Thursday by the Department of Labor. That’s a drop of 20,000 from the previous week’s total, which was upwardly revised to 231,000; and the lowest level since September. Economists were
Continue Reading By Alicia Wallace, CNN The number of first-time claims for unemployment benefits fell to 211,000 for the week ended December 10, according to data released Thursday by the Department of Labor. That’s a drop of 20,000 from the previous week’s total, which was upwardly revised to 231,000; and the lowest level since September. Economists were
Continue Reading By Catherine Thorbecke, CNN On the first trading day of 2022, Apple hit a new milestone for the tech industry: the iPhone maker became the first publicly traded company to hit a $3 trillion market cap, with Microsoft and Google not far behind. As eye-popping as that valuation was, there were headlines speculating about how
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