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☆ Striking actors say they have rejected the Hollywood and TV studios’ ‘best and final offer’
  + stars: | 2023-11-06 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
New York CNN —SAG-AFTRA said it has responded to Hollywood studios’ “last, best & final offer” on Monday as pressure ramps up to reach a deal ending the industry-freezing strike. The actors’ union said in a message to its members that there are several “essential items” that the two sides have yet to reach agreement on, such as the use of AI. SAG-AFTRA, which represents about 160,000 actors, announced its members would walk off sets on July 14, joining the striking writers in a historic double walkout against the studios. Both unions have advocated for restrictions on the use of artificial intelligence, a technology that actors and writers alike believe poses an existential threat to their livelihoods. Members of the Writers Guild of America union ratified a new contract with Hollywood and television studios in early October.
Persons: AFTRA, “, ”, It’s, – CNN’s David Goldman Organizations: New, New York CNN, SAG, ’, Alliance, Television Producers, Disney, Netflix, Warner Bros . Discovery, Warner Bros, CNN, Writers Guild of America, Hollywood Locations: New York
☆ Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
  + stars: | 2023-10-18 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +6 min
New York CNN —Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. in Costa Mesa, California139 North Grand Ave. in Covina, California20572 Homestead Road in Cupertino, California24829 Del Pradoin Dana Point, California7859 Firestone Blvd. in Yorba Linda, California25906 Newport Road in Menifee, California1600 North Main St. in Meridian, Idaho5808 Ritchie Hwy. in Mill Creek, Washington601 South Grady Way in Renton, Washington2707 Rainier Ave. in South Seattle, Washington– CNN’s David Goldman contributed to this story
Persons: Del, Dana, Glen, Ephraim Ave, Arnold St, Nicholas Ave, Reed, Washington – CNN’s David Goldman Organizations: New, New York CNN — Rite, Real Estate Partners, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, SEC Alabama, Valley, Firestone, Alvarado St, Fulton, Yorba, Bel Air, Pulaski, Garfield, Main St, Clinton St, Michigan, Whittemore St, Hamilton St, Sunrise, Elmwood, New Carlisle , Ohio Euclid, Gettysburg, Medford, 9th St, Liberty, Eisenhower, Stevenson, 5th St, Reed St, Oxford, 63rd, Brighton, East Central, St, Evergreen, Grady Locations: New York, California, Maryland, Michigan, New Jersey, Ohio, Oregon, Pennsylvania, Washington, Alabama, Idaho, Pike, Monroeville , Alabama, Alhambra , California, Bellevue, Atwater , California, Costa Mesa , California, Covina , California, Cupertino , California, Dana Point , California, Downey , California, Irvine , California, La Mirada , California, Laguna Niguel , California, South Centinela, Los Angeles , California, Alvarado, Monterey , California, St, Ramona , California, Fulton Ave, Sacramento , California, Santa Cruz , California, Yorba Linda , California, Menifee , California, Main St, Meridian , Idaho, Baltimore , Maryland, Bel Air , Maryland, Elkton , Maryland, Glen Burnie , Maryland, Gratiot, Clinton Township , Michigan, Detroit , Michigan, Farmington Hills , Michigan, Fremont , Michigan, Clinton, Grand Ledge , Michigan, Jackson , Michigan, Macomb , Michigan, U.S, Manistee , Michigan, Redford , Michigan, Shelby Township , Michigan, St . Johns , Michigan, Centerville, Sturgis , Michigan, Taylor , Michigan, Wixom , Michigan, Berlin , New Hampshire Grove St, Peterborough , New Hampshire, Browns Mills , New Jersey, Camden , New Jersey, Lumberton , New Jersey, Bridgeton Pike, Mantua , New Jersey, Mullica Hill , New Jersey, Edinburg, Robbinsville , New Jersey, Hamilton, Somerset , New Jersey, Williamstown , New Jersey, Bay Shore , New York, Buffalo , New York, Copiague , New York, East Northport , New York, Floral, , New York, Jamaica , New York, Elmwood Ave, Kenmore , New York, Hempstead, Levittown , New York, Patchogue, Yaphank, Medford , New York, New York , New York, Port Jefferson , New York, Sayville , New York, Smithtown , New York, West Patchogue , New York, New Carlisle , Ohio, Strathmore, East Cleveland , Ohio, Dayton , Ohio, Cleveland , Ohio, Medford , Oregon, Cully, Portland , Oregon, 9th, Chester , Pennsylvania, Coraopolis , Pennsylvania, Erie , Pennsylvania, Greensburg , Pennsylvania, Hanover , Pennsylvania, New Castle , Pennsylvania, New Kensington , Pennsylvania, Pennsburg , Pennsylvania, 5th, Philadelphia , Pennsylvania, Venango St, 63rd St, Pottsville , Pennsylvania, Rochester , Pennsylvania, East Central Ave, Titusville , Pennsylvania, White Haven , Pennsylvania, Bellevue , Washington, Bellingham , Washington, Blaine , Washington, Covington , Washington, Everett , Washington, Lynnwood , Washington, Mill Creek, Renton , Washington, Rainier, South Seattle
☆ Tupperware picks Spanx veteran as new CEO
  + stars: | 2023-10-17 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +2 min
New York CNN —Tupperware Brands named consumer products veteran and former long-time CEO of Spanx Laurie Ann Goldman as its new CEO on Wednesday amid ongoing attempts to continue to survive as a business. In addition to her experience heading up Spanx for 12 years, Goldman also previously was CEO of Avon North America from August 2018 to August 2019. She was most recently CEO of OVME Aesthetics, a provider of medical aesthetics products and services prior to coming on board at Tupperware. Tupperware named Laurie Ann Goldman at its new CEO on Wednesday. Last October, in a massive shift in its business model, Tupperware rolled out its containers onto Target shelves nationwide.
Persons: Laurie Ann Goldman, Goldman, Miguel Fernandez, Tupperware, Sean Zanni, Patrick McMullan, Laurie Ann, ” Susan Cameron, “ Laurie Ann, It’s, –, – CNN’s David Goldman Organizations: New, New York CNN, Brands, Avon Locations: New York, Spanx, Avon North America, Tupperware, The Florida, Bath
☆ ‘Verified’ Twitter accounts share fake image of ‘explosion’ near Pentagon, causing confusion
  + stars: | 2023-05-22 | by ( Donie O'Sullivan Jon Passantino | Donie O'Sullivan | Jon Passantino | ) edition.cnn.com   time to read: +4 min
CNN —A fake image purporting to show an explosion near the Pentagon was shared by multiple verified Twitter accounts on Monday, causing confusion and leading to a brief dip in the stock market. “Large explosion near the Pentagon complex in Washington DC. Under owner Elon Musk, Twitter has allowed anyone to obtain a verified account in exchange for a monthly payment. A fake image purporting to show an explosion near the Pentagon was shared by multiple verified Twitter accounts on Monday, causing confusion and leading to a brief dip in the stock market. AI-Generated Fake Image/Twitter“Republic had aired news of a possible explosion near the Pentagon citing a post & picture tweeted by RT,” the outlet later posted on its Twitter account.
☆ Sam Bankman-Fried wants his case thrown out of court
  + stars: | 2023-05-08 | by ( Kara Scannell Allison Morrow | Kara Scannell | Allison Morrow | ) edition.cnn.com   time to read: +1 min
New York CNN —Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government’s fraud charges against him. Bankman-Fried’s attorneys said the government failed to properly explain what offenses the former CEO of the bankrupt crypto exchange committed. Bankman-Fried has pleaded not guilty to the 13 charges. Prosecutors allege that Bankman-Fried stole FTX customer deposits to finance risky bets at his hedge fund, Alameda Research, and to funnel contributions to American politicians. Three of Bankman-Fried’s former business partners — Gary Wang, Caroline Ellison and Nishad Singh — have pleaded guilty to numerous charges and are cooperating with investigators.
☆ Tesla’s shares plunge further on weaker than expected sales
  + stars: | 2023-01-03 | by ( Chris Isidore | ) edition.cnn.com   time to read: +2 min
New York CNN —Tesla shares plunged more about 13% in early trading Tuesday, as weaker than expected global sales caused the company’s massive slide in its share price that began last year to continue. While it had already warned it would miss that aggressive full-year target, its fourth quarter sales of 405,278 cars was far weaker than feared. The 13% drop in Tesla (TSLA) shares, if it holds, would be the worst day for Tesla (TSLA) shares in more than two years. The company’s shares ended 2022 down 65% for the year, greatly cutting into Musk’s net worth and knocking him out of his position as the world’s richest person. It was the worst year ever for Tesla (TSLA) shares, which gained 743% in 2020 and another 50% in 2021.
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