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McDonald’s CEO says layoffs are coming

By Nathaniel Meyersohn, CNN McDonald’s is planning to cut some of its corporate staff, CEO Chris Kempczinski said in a memo to employees Friday. “We will evaluate roles and staffing levels in parts of the organization and there will be difficult discussions and decisions ahead,” Kempszinski said. “Certain initiatives will be de-prioritized or stopped altogether.

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Why the NFL will barely lose any money from canceling the Bills-Bengals game

By Chris Isidore, CNN The NFL’s decision not to resume or replay Monday’s Bills-Bengals game, which was halted after Buffalo safety Damar Hamlin suffered cardiac arrest, won’t be particularly costly the world’s richest sports league. After the league announced late Thursday that the game will not be completed, the home-team Cincinnati Bengals notified fans who

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Damar Hamlin has Fanatics’ most-purchased jersey among all athletes across all sports

By Joe Sutton, CNN Buffalo Bills safety Damar Hamlin, who collapsed on the field during Monday’s football game and suffered cardiac arrest, has the most sought-after jersey on Fanatics. “Damar still has the most purchased jersey among all athletes across all sports on Fanatics since Monday night,” a spokesperson for Fanatics said. The sports merchandise

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A Wall Street Journal reporter was handcuffed by police while standing outside a Chase Bank. The newspaper is demanding answers

By Oliver Darcy, CNN Business The Wall Street Journal is demanding answers from the Phoenix Police Department after an officer detained and handcuffed one of its reporters outside a Chase Bank — an incident that press freedom advocates say raises First Amendment concerns and mirrors a larger, growing hostility from local law enforcement toward journalists

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A Chinese company has signed an oil extraction deal with Afghanistan’s Taliban

By Diksha Madhok, Ehsan Popalzai and Masoud Popalzai, CNN The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin as the radical Islamist group attempts to bolster the South Asian nation’s increasingly impoverished and isolated economy. The agreement with China’s Xinjiang Central Asia Petroleum and

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A Wall Street Journal reporter was handcuffed by police while standing outside a Chase Bank. The newspaper is demanding answers

By Oliver Darcy, CNN Business The Wall Street Journal is demanding answers from the Phoenix Police Department after an officer detained and handcuffed one of its reporters outside a Chase Bank — an incident that press freedom advocates say raises First Amendment concerns and mirrors a larger, growing hostility from local law enforcement toward journalists

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Cathay Pacific ramps up flights between Hong Kong and China as borders reopen

By Kathleen Magramo, CNN Hong Kong’s flagship airline is more than doubling its flights from the city to mainland China after the easing of pandemic restrictions, raising hopes of a recovery after dramatically cutting operations and suffering losses. Cathay Pacific Airways’ ramped up flight schedule was announced after China confirmed on Thursday that it will

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