Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "CNN"


25 mentions found


Biden's fellow Democrats hold a razor-thin majority in the Senate, which under the U.S. Constitution confirms Supreme Court nominees. Senate Majority Leader Chuck Schumer said Biden's nominee to replace Breyer will receive a "prompt hearing" and will be considered and confirmed with "all deliberate speed." White House Press Secretary Jen Psaki said Biden will honor his presidential election campaign pledge to nominate a Black woman to fill any Supreme Court vacancy. Neither the White House nor the Supreme Court confirmed Breyer's retirement plans. 1/3 Supreme Court Justice Stephen Breyer at Capitol Hill in Washington May 20, 2010.
Persons: Breyer, Jan, Stephen Breyer, Joe Biden, Biden, Donald Trump, Chuck Schumer, Mitch McConnell, Jen Psaki, McConnell, Amy Coney Barrett, Dana Remus, Kamala Harris, Kevin Lamarque Read, Joe Manchin, Kyrsten, Bill Clinton, Ketanji Brown Jackson, Leondra Kruger, Clarence Thomas, Thomas, Thurgood Marshall, Trump's, Barrett, Ruth Bader Ginsburg, Lawrence Hurley, Andrew Chung, Kanishka Singh, Richard Cowan, Jeff Mason, Scott Malone, Will Dunham, Rosalba O'Brien Organizations: Liberal U.S, Supreme, Republican, U.S, Constitution, White House Press, CNN, Republicans, Capitol, REUTERS, Democratic, California Supreme, Senate, Biden, Trump, Affordable, Thomson Locations: WASHINGTON, Washington, California, Texas, Louisiana, New York, Bengaluru
A man photographed wearing an antisemitic sweatshirt during the Capitol riot has pleaded guilty. Robert Packer on Wednesday pleaded guilty to one misdemeanor trespassing charge. Robert Packer, 57, pleaded guilty on Wednesday to one trespassing charge stemming from his role in the insurrection. The count carries a possible six-month prison sentence, though other Capitol rioters who have pleaded guilty to the same charge have received little to no jail time. A photo of Robert Packer wearing his "Camp Auschwitz" sweatshirt inside a Virginia store in December 2020.
Persons: Robert Packer, Packer, , Ashli Babbitt, tipster, Justice Packer, Hitler Organizations: Service, Capitol, CNN, The, Justice, FBI Locations: Washington, Virginia, Nazi
Pizza Hut is selling its spiciest pizza ever
  + stars: | 2022-01-27 | by ( Jordan Valinsky | Cnn Business | ) edition.cnn.com   time to read: +1 min
New York (CNN Business) Pizza Hut is hopping on the spicy food trend. Beginning Thursday, it's rolling out the "Spicy Lover's Pizza" for a limited time. Pizza Hut's Spicy Lover's Pizza is now on sale. People are increasingly craving spicy food, Pizza Hut says. That is likely to bring them and "their pizza-loving friends and family into the world of Pizza Hut," potentially expanding its customer base, according to the report.
Persons: Burger King, Read Organizations: CNN Locations: York, Technomic, Burger
Hong Kong (CNN Business) Apple has once again become the top-selling smartphone brand in top market China, along with the rest of the world. Apple AAPL report by Counterpoint Research, published Wednesday, saidreached its "highest ever" market share in China in the three months to December. Apple's market share in China reached 23% in the last quarter of 2021, compared with 16% the same period the previous year. This surge came as total smartphone sales in China fell 9% year-on-year, according to Counterpoint. Apple overtook the Chinese smartphone maker, Vivo, which slipped 6%, researchers said.
Persons: Apple, Read Organizations: CNN, Apple, Counterpoint Research Locations: Hong Kong, China
Frankfurt Deutsche Bank delivered its most profitable year in a decade on the back of a dealmaking bonanza , strengthening Chief Executive Christian Sewing's hand as he fine tunes a new strategy and targets for the years ahead in March. had to pay up to keep its traders and dealmakers on board, however, with compensation at its investment bank soaring 30% in the final quarter. That compared with a profit of 51 million euros a year earlier and contrasted with analyst expectations for a loss of around 130 million euros. Deutsche made a profit of 1.94 billion euros, up from 113 million euros a year earlier, although it has still lost more than 10 billion euros over the past decade. The investment bank's advisory business stood out, with revenue surging 156%.
Persons: Christian, Deutsche's, Deutsche Organizations: Frankfurt Deutsche Bank, Analysts, Deutsche, Regulators, Citigroup, Revenue Locations: Frankfurt, Germany's, Wall
Southwest returns to profitability
  + stars: | 2022-01-27 | by ( Chris Isidore | Cnn Business | ) edition.cnn.com   time to read: +1 min
New York (CNN Business) Southwest Airlines reported its first quarterly operating profit since the start of the pandemic. Still, when excluding the financial help it received from the government, Southwest reported another full-year loss. The airline reported it earned $85 million in the quarter, far better than the $23 million forecast by analysts surveyed by Refinitiv. Southwest LUV But the company lost $1.3 billion for the year, excluding the $2.7 billion in federal help it received as part of government support provided to US airlines in 2021. Southwest has long been one of the most profitable US airlines, reporting profits in the wake of Sept. 11, 2001, and throughout the Great Recession, even when other airlines reported losses.
Persons: Gary Kelly Organizations: CNN, Southwest Airlines, Southwest, Refinitiv Locations: York
New York (CNN Business) A Manhattan restaurant where Sarah Palin was spotted dining indoors while unvaccinated over the weekend confirmed that the former Alaska governor returned to dine outdoors on Wednesday, just a few days after testing positive tor Covid. At issue are current local guidelines that advise people who tested positive to remain in isolation for five days after their positive test. "Our goal has always been to incentivize isolation for those testing positive for Covid and providing them multiple resources," a New York City Hall spokesperson said. Palin, who is in Manhattan for her defamation trial against the New York Times, tested positive for Covid-19, a federal judge presiding over her case said Monday, delaying the start of the trial. It's unclear what day Palin first tested positive.
Persons: Sarah Palin, Palin, Jed Rakoff Organizations: CNN, New York City, New York Times, Reuters, Read Locations: York, Manhattan, Alaska, New
The investors who aren't panicking
  + stars: | 2022-01-27 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com   time to read: +7 min
London (CNN Business) The stock market has been jolted by indications the Federal Reserve will move to aggressively raise interest rates to rein in inflation. What's happening: The Fed announced Wednesday that it would begin lifting rates "soon" to combat the sharp rise in prices. Even if the Fed pursues four interest rate hikes throughout the course of 2022, borrowing costs would still remain very low by historical standards, he continued. And even when the Fed does begin to reduce its holdings, the size of its balance sheet will remain "enormous," propping up investor confidence, according to Cairns. SWIFT unplugged Iranian banks in 2012 after they were sanctioned by the European Union over the country's nuclear program.
Persons: Jerome Powell, It's, Matthew Cairns, We've, Cairns, Antoine Bouvet, hasn't, Powell, We're, Ronald Reagan, Joe Biden's, Vladimir Putin, Charles Riley, SWIFT, Maria Shagina, Robinhood andfollow Organizations: CNN Business, Bell, CNN, Reserve, Fed, Bloomberg, Rabobank, ING, Economic, Monetary Fund, IMF, Federal Reserve, Senior, The, Worldwide Interbank, Telecommunication, Finnish Institute of International Affairs, Carnegie Moscow Center, European Union, Dow DOW JetBlue, Mastercard, Apple Locations: London, SPDR, Cairns, Russia, Ukraine, SWIFT, Europe, Iran
For months,has been under pressure to overhaul its workplace culture. (Activision Blizzard announced in November a "workplace responsibility committee," comprised of two independent directors, to oversee its progress on workplace culture improvements.) ... We're looking forward to extending our culture of proactive inclusion to the great teams across Activision Blizzard." Employees gathered during a walkout at Activision Blizzard offices in Irvine, California, U.S., on Wednesday, July 28, 2021. (Activision Blizzard spokesperson Jessica Taylor said in a statement that it "carefully reviewed and considered" the union request but the "the parties could not reach an agreement.")
Persons: Microsoft's, Bobby Kotick, they've, there's, Vonne Hutchinson, — we're, Sun Valley , Idaho . Hutchinson, Kotick, Hutchinson, Satya Nadella, Nadella, Activision Blizzard, Dieter Waizenegger, Waizenegger, Jessica Taylor, we've, Bill Gates, WilmerHale, Phil Spencer, Raven, unionize, didn't Organizations: CNN, Activision, Activision Blizzard, Microsoft's, CNN Business, Allen & Company Sun Valley Conference, Sun Valley , Idaho ., Microsoft, Strategic Organizing Center Investment Group, National Labor Relations Board Locations: California, Sun Valley , Idaho, Irvine , California, U.S
New York (CNN Business) Higher prices and chicken sandwiches are helping boost McDonald's sales. Last year, sales at US stores open at least 13 months jumped 13.8%, the largest annual increase since McDonald's started reporting comparable sales in 1993, the company said Thursday. In the fourth quarter, US sales jumped 7.5%, thanks in part to menu price increases, powerful digital sales and menu items like the crispy chicken sandwich and the imited-time McRib, which became available for purchase on November 1 . Last year, McDonald's made McRib NFTs to mark the product's 40th anniversaryItems like the crispy chicken sandwich helped boost sales at McDonald's last year. McDonald's, along with other restaurants, has been hiking prices as inflation grows.
Persons: Wall, McDonald's Organizations: CNN, McDonald's Locations: York
The final three months of 2021 got a much better scorecard than economists had predicted: GDP grew at an annualized rate of 6.9% in the fourth quarter. It was a substantial uptick from the Delta-ridden third quarter, GDP grew at an annualized pace of only 2.3% . In fact, it was the best quarterly performance since the third quarter of 2020 when the initial reopening boom buoyed economic growth. High growth, high inflationBut it wasn't just the growth rate that jumped last year. In the fourth quarter, PCE inflation was 6.5%, the biggest jump since the third quarter of 1981.
Persons: Ronald Reagan Organizations: CNN, Economic Locations: York
(CNN) To say "Spider-Man: No Way Home" has been a roaring success would be an understatement. "Spider-Man: No Way Home" saw Tom Holland , Tobey Maguire and Andrew Garfield -- who have all played Peter Parker in at least one film over the past 20 years -- share the screen together and thrill fans who never thought they'd see the three in the same frame. "I love the 'destiny' feeling of the multiverse expanding in this film," Garfield said. "That without Tobey's Peter and Andrew's Peter being present for Tom's Peter at this very moment, he may not become the Peter Parker that he's supposed to become." I know I love this character and I know that I am not ready to say goodbye.
Persons: Marvel juggernaut, Tom Holland, Tobey Maguire, Andrew Garfield, Peter Parker, they'd, Holland, Maguire, Garfield, Amy Pascal, Tobey's Peter, Andrew's Peter, Tom's Peter, he's, Parker, I've Organizations: CNN, Marvel Locations: Holland
In pictures: Janet Jackson
  + stars: | 2022-01-27 | by ( Faith Karimi | ) edition.cnn.com   time to read: +2 min
Kevin Mazur/WireImage/Getty Images Janet Jackson performs during the MTV Europe Music Awards on November 4, 2018, in Bilbao, Spain. In pictures: Janet JacksonKevin Mazur/WireImage/Getty Images Janet Jackson performs during the MTV Europe Music Awards on November 4, 2018, in Bilbao, Spain. Janet Jackson is retaking control of her own narrative. The film, titled simply "Janet Jackson," explores her musical legacy and her role as a cultural icon. In recent years Janet Jackson has continued to record and tour, although she has largely kept a lower profile since the Super Bowl fiasco.
Persons: Kevin Mazur, Janet Jackson, Janet Jackson Kevin Mazur, Michael, Justin Timberlake, Jackson, Michael Jackson, Wissam Al Mana, Janet Jackson's Organizations: MTV, Hall of Fame Locations: Bilbao, Spain
Video footage has resurfaced of the late Sen. John McCain calling Fox News' Peter Doocy's question "stupid." In an old clip from 2017, McCain is heard asking Doocy: "Why would you ask something that dumb?" The clip surfaced on Twitter after a hot mic moment this week when President Joe Biden called Doocy a "stupid son of a bitch." The clip resurfaced on Twitter on Monday after President Joe Biden called Doocy a "stupid son of a bitch" on a hot mic. In the October 2017 video, Doocy approaches McCain to ask for the Arizona senator's comment on his relationship with former President Donald Trump.
Persons: Sen, John McCain, Peter Doocy's, McCain, Doocy, Joe Biden, Peter Doocy, Donald Trump, frayed, frowning, NBC's Chuck Todd, Jim Acosta, Acosta, Jesse Watters, Biden, Sean Hannity Organizations: Fox News, Twitter, Service, Arizona, GOP, United, Trump, CNN Locations: United States, Arizona
Saudi Press Agency/Handout via REUTERSDUBAI, Jan 26 (Reuters) - The United Arab Emirates may upgrade its defensive capabilities after missile attacks by Yemen's Iran-aligned Houthi group, while continuing diplomacy with Tehran to reduce regional tensions, a senior UAE diplomat said. A Saudi-led military coalition, which includes the UAE, accuses Iran of supplying the Houthis with arms, which both Tehran and the group deny. The Houthis said they are punishing the UAE for backing forces battling the group in energy-producing regions, after the UAE in 2019 largely distanced itself from Yemen. The Houthis have repeatedly launched attacks on Saudi Arabia in the war, seen as a proxy conflict between Riyadh and Tehran. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ghaida Ghantous; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
Persons: Lana Nusseibeh, Nusseibeh, Ghaida, John Stonestreet Organizations: Saudi Press Agency, Handout, REUTERS DUBAI, United, Yemen's, United Nations, CNN, U.S, UAE, Thomson Locations: Dhahran, Saudi Arabia, United Arab Emirates, Yemen's Iran, Tehran, UAE, Yemen, Saudi, Iran, Abu Dhabi, American, Washington, Riyadh
The prominent names represent a tier of talent that had previously been hesitant to commit to a news channel’s streaming service, especially an untested one. “We do want a service that has a wider aperture and is broader than just today’s bleak news,” CNN’s president, Jeff Zucker, said in an interview. He is gambling that CNN+ can entice new viewers — and bring back some old ones. CNN’s traditional broadcast viewership has dropped significantly from a year ago, thanks to a post-Trump slump and waning audience interest, and the network recently fired its top-rated anchor, Chris Cuomo, amid an ethics scandal. In marketing materials, CNN+ has urged viewers to “grab a coffee” while flipping on shows promoted as “never finicky” and “the silver lining beyond today’s toughest headlines.”
Persons: , Jeff Zucker, Chris Cuomo, Zucker, NBC’s, Organizations: CNN, Trump
Hong Kong (CNN Business) China's top cybersecurity regulator is vowing to crack down on "illegal" online content as part of a campaign to clean up the internet ahead of the Beijing Winter Olympics and one of the country's most important annual holidays. The Cyberspace Administration of China announced Tuesday that its month-long internet "purification" campaign is intended to create a "healthy, happy, and peaceful online environment." The powerful internet watchdog — which President Xi Jinping set up in 2014 in the name of protecting China's internet and data security — tied the campaign to the start of the Lunar New Year, a major festival that runs from January 31 to February 6. According to the cyberspace agency's plan, the homepages of key media sites, trending topic search lists, push pop-up windows, and important news content pages must be carefully managed to present "positive information." It added that obscene, vulgar, bloody, violent and other illegal or bad information should be eradicated to create a "positive online atmosphere."
Persons: Xi Jinping, , Xi Organizations: CNN, Beijing Winter, Cyberspace Administration, China Locations: Hong Kong, China
A version of this story appeared in CNN's Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country's rise and how it impacts the world. Hong Kong / Beijing (CNN Business) More than two decades after its release, "Fight Club" has been given a very different ending in China — and this time, the authorities win. The finale of "Fight Club" shocked audiences when the film hit theaters in 1999. In a massive twist, the narrator, played by Edward Norton, realizes that Brad Pitt's slick-talking Tyler Durden character is his imaginary alter ego, and kills him off. That amount of anarchy — and the government's inability to stop it — doesn't appear to have passed muster with China's notoriously strict censorship rules, though.
Persons: David Fincher's, Edward Norton, Brad Pitt's, Tyler Durden, Helena Bonham Carter, China's, Read Organizations: CNN Locations: China, Hong Kong, Beijing
London Britain should pass a law regulating self-driving vehicles and include sanctions for companies if anything goes wrong when their vehicles take over control from human drivers, two independent governmental bodies said on Wednesday in a report. The report by the Law Commission of England and Wales and the Scottish Law Commission recommended introducing an "Automated Vehicles Act" and drawing "a clear distinction between features which just assist drivers, such as adaptive cruise control, and those that are self-driving." Governments around the world are wrestling with how to regulate self-driving vehicle technology and the thorny topic of accident liability. Once a self-driving system is engaged, "the person in the driving seat would no longer be responsible for how the car drives," the law commissions proposed in the report. "Instead, the company or body that obtained the authorization would face regulatory sanctions if anything goes wrong," the commissions said.
Persons: Read Organizations: Law, Scottish Law Locations: Britain, England, Wales
New York (CNN Business) The Omicron variant put America's recovery through the ringer. But the post-Thanksgiving timing may mean the economic scorecard for the final quarter of 2021 could still look decent. Omicron caused infections to skyrocket, businesses to struggle and workers to stay home sick in late December. That means the fourth quarter may prove to be the one that squeaked through, slotting between Delta and Omicron — and looking pretty good. Economists predict US gross domestic product, the broadest measure of economic activity, grew at an annual rate of 5.5% between October and November, according to consensus estimates from Refinitiv.
Organizations: CNN Locations: York, Delta, Refinitiv
New York (CNN Business) It's been a little more than a year since the meme mania in GameStop began. And Robinhood , which went public last year briefly and became a meme stock itself following its initial public offering, has tumbled as well. And has sanity returned to investing, or will the meme stocks make a comeback? However, the speculative and volatile nature of this asset class underlines the critical need for a cautious approach when it comes to trading meme stocks." "We don't see a problem with paying a premium for a company producing strong profits, but none of the meme stocks are producing strong profits," Trainer said, adding that valuations of the most popular meme stocks, especially GameStop and AMC, "remain untethered from reality."
Persons: It's, Robinhood, Gen, Keith Chan, Chan, David Trainer, Roblox Organizations: CNN, GameStop, AMC, Apple, Microsoft MSFT, Apex, Solutions, P Global Market Intelligence Locations: York, Robinood
And historical data shows that while a shift in Fed policy often generates volatility, rate hike cycles are often good for stocks, not bad. "A growing economy supports corporate profit growth, which supports the stock market," he explained. Lerner's team estimates that stocks have climbed at an average annualized rate of 9% during the 12 Fed rate hike cycles since the 1950s and generated positive returns in 11 of those instances. But the US stock market is now way more exposed to big tech companies, which have been vulnerable recently. The takeaway: Microsoft has suffered alongside other tech stocks as investors brace for action from the Federal Reserve.
Persons: Keith Lerner, Goldman Sachs, Goldman, Satya Nadella, Wells Fargo, There's, Biden, Joe Biden, Intel INTC Levi Strauss LEVI Tesla, Clark Organizations: CNN Business, Bell, CNN, Federal Reserve, Dow, Nasdaq, Investors, Microsoft, Apple, Nvidia, Tesla, Google, Fed, CVS, Wells, Activision Blizzard, US Commerce Department, Boeing, Intel, Whirlpool Locations: London, United States, Columbus , Ohio, Kimberly
New York (CNN Business) Boeing took nearly $4 billion in charges related to problems it had with its 787 Dreamliner, causing losses to soar for the third straight year. Boeing has essentially not been able to deliver the widebody 787 jet for a year because of quality control issuesThe company said it will have to pay $3.5 billion to compensate customers for the delayed deliveries. It booked $285 million of those increased costs in the just completed quarter. "We are progressing through a comprehensive effort to ensure every airplane in our production system conforms to our exacting specifications. "While we never want to disappoint our customers or miss expectations, the work we're putting in now will build stability and predictability going forward."
Persons: Dave Calhoun Organizations: CNN Business, Boeing Locations: York
Another 50% have policies in place or in the works to give employees a choice between vaccine or weekly tests. But the US Supreme Court struck down the rule on the larger employers on January 13, and the Biden administration formally dropped the rule Wednesday. While Delta does not have a vaccine mandate, it raised the insurance premium for non-vaccinated employees by up to $200 a month. United Airlines UAL does have a vaccine mandate that it put in place before the federal rules were announced. Citigroup C announced a vaccine mandate in October after the federal rules were announced.
Persons: Gartner, Biden, Brian Kropp, Kropp, John Culver, Scott Kirby, Sara Wechter Organizations: CNN, Supreme, Gartner, General Electric GE Starbucks, GE, Starbucks, North America, Delta Air Lines DAL, Delta, United Airlines, Citigroup C, LinkedIn, Citi, New, Labor, Occupational Health, Safety Administration Locations: York, , Texas, New York City
The following contains spoilers about "The Book of Boba Fett," Episode 5. (CNN) "The Book of Boba Fett's" latest episode seemingly took a page from the Marvel universe, where movies and TV shows bleed into each other. In this case, that meant indulging in an episode-long detour from the title character to bring in some new (or rather, old) "muscle" for the final leg of his trek. While Boba Fett (Temuera Morrison) was relaunched within "The Mandalorian," this episode essentially cemented the sense that this is both a dedicated Boba Fett miniseries and in some respects "The Mandalorian" Season 3, laying the groundwork for a team-up in the final two chapters. Until now, "Book of Boba Fett" has oscillated between past and present, filling in what happened to Boba after he appeared to meet his demise in "Return of the Jedi," and presenting his struggles to retain the power he has claimed over Jabba the Hutt's territory.
Persons: Boba Fett, Boba Fett's, Pedro Pascal, Temuera Morrison, Boba Organizations: CNN, Marvel, Jabba
Total: 25