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☆ New Yorkers have experienced tornadoes, an earthquake and an extreme fire season this year
▼ + stars: | 2024-11-17 | by ( Alaa Elassar | Leigh Waldman | ) edition.cnn.com time to read: +9 min

Throughout the summer, multiple towns experienced tornadoes, according to the National Weather Service. In July, an EF2 tornado passed through Rome during a severe storm that killed one person and caused widespread damage. There are currently 13 wildfires across the state encompassing more than 5,000 acres, according to Governor Kathy Hochul’s office. An 18-year-old New York State Forest Ranger volunteer and state employee died on November 9 when a tree fell while he was responding to the wildfire in Greenwood Lake. New York City alone has experienced over 230 brush fires since October 29, according to the New York City Fire Department.

Persons: John Towsen, Riley Kellogg, ” Towsen, ” Kellogg, ” Riley Kellogg, CNN It’s, Kathy Hochul’s, Jennings, ”, “, “ Everything’s, There’s, Stephanie Spera, Brenda Ekwurzel, Spera, Kellogg, Esler, Maureen VanHouten, ” Maureen, ” Tom Howley, Greenwood, ” Howley, “ I’ve, I’m, ” Spera Organizations: , New York CNN, CNN, National Weather Service, York State Forest Ranger, New, New York City Fire Department, New York City Emergency Management Department, “, Washington DC, University of Richmond, ” Earthquakes, Union of Concerned, National Oceanic, Atmospheric Administration, Center, Climate, Energy Solutions Locations: Greenwood, , New York, Greenwood Lake, New York City, Sterling, Rome, Buffalo, New Jersey, New York, York, Prospect, Philadelphia , New York, Boston, Northeast, Towsen

☆ WBD to settle NBA broadcast rights suit, move ‘Inside the NBA’ to ESPN and ABC
▼ + stars: | 2024-11-17 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

WBD filed the lawsuit against the NBA in July after the league signed new broadcast rights deals with Disney, Amazon and NBC collectively worth $76 billion. WBD will also receive the rights to broadcast live NBA games in northern Europe and Latin America for the next 11 years, the person said. WBD is also expected to announce it has signed a multi-year licensing deal with Disney, the person familiar with the matter said. Under the agreement, “Inside the NBA” will air exclusively on ESPN and ABC starting next season. WBD also plans to develop a sports spin-off of the “Inside the NBA” program, they said.

Persons: WBD, Charles Barkley, Ernie Johnson, Kenny Smith, Shaquille O’Neal — Organizations: New, New York CNN, Warner Bros, Discovery, NBA, Disney, TNT, CNN, NBC, Wall Street, ESPN, ABC, TNT Sports, Netflix, Big, College Football Locations: New York, Europe, America

☆ Top pollster Ann Selzer to retire after bombshell Iowa poll ended in historic miss
▼ + stars: | 2024-11-17 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Top pollster J. Ann Selzer will retire from the Des Moines Register’s famed Iowa Poll and the survey will “evolve” after it failed to accurately capture former President Donald Trump’s strong support in the 2024 election, resulting in a 16-point miss. Trump ultimately swept to victory over Harris in the state by a 13-point margin, winning the actual vote 56-43%. Prior to the 2024 survey, the Iowa Poll under her stewardship had been considered by many to be the methodological gold standard. As of June 2024, election forecaster Nate Silver gave Selzer an A+ rating. In an op-ed for the Register, Selzer said that her decision to part ways with the poll predated the erroneous results.

Persons: Ann Selzer, Donald Trump’s, Selzer, Kamala Harris, Donald Trump, Harris, Trump, ’, ” Kristin Roberts, ”, ” Roberts, “, John Kerry, Republican George W, Bush, Barack Obama, Nate Silver, ” Selzer, I’m, Carol Hunter, ” Hunter, Iowans Organizations: New, New York CNN, Des Moines Register’s, Iowa, Trump, Republican, Gannett Media, Des Moines Register, CNN, ”, Iowa Poll, Selzer Locations: New York, Des, Iowa, West Des Moines

☆ Why your next new car could very well cost more than $50,000
▼ + stars: | 2024-11-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That means new car prices have risen much faster than most goods and services. But much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The combination of higher interest rates and higher car prices, along with the biggest average loans ever taken out to buy them, lifted the average monthly car payment to $742 in October. And that would make every car built in America more expensive, because no vehicle is made with 100% American parts.

Persons: New York CNN — It’s, That’s, Buyers, ”, Ivan Drury, “, didn’t, Charlie Chesbrough, Drury, –, ” Drury, Donald Trump, Jeff Schuster, GlobalData, They’re Organizations: New, New York CNN, Cox Automotive, Nissan, Infiniti, General Motors, Ford, Jeep, Dodge, Chrysler, GM, Federal Reserve Locations: New York, Edmunds, American, United States, Stellantis, Mexico, America

☆ Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
▼ + stars: | 2024-11-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

Tesla, the world’s largest maker of EVs, is the only automaker making a profit on its US EV sales. So if the EV tax credit goes away, the price of all EVs might come down. ‘It will only help Tesla’Musk signaled during the campaign that he would support ending the EV tax credit, even if raised the cost of Tesla purchases for American buyers. But the rest of the auto industry wants to keep the tax credit in place. He said that Tesla’s pricing and scale in the EV space “is an apples to oranges when compared to the rest of the auto industry once the EV tax credit disappears.”

Persons: Trump, Elon Musk, Donald Trump’s, Tesla, “, ”, Donald Trump, Jim Watson, Joe Biden’s, Biden, Garrett Nelson, Nelson, Dan Ives Organizations: New, New York CNN, Tesla, EV, Motors, Ford, Alliance, Automotive Innovation, Global, Real, Republican, Reuters, Trump, CNN, CFRA Research, “, Wedbush Securities Locations: New York, Butler , Pennsylvania, AFP, “, Detroit

☆ Editor-in-chief of America’s oldest magazine resigns after calling Trump voters fascists
▼ + stars: | 2024-11-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Laura Helmuth is resigning as editor-in-chief of Scientific American magazine following an expletive-filled rant about Donald Trump voters. Posting on Bluesky, an X rival, Helmuth said Thursday that she’s “decided to leave Scientific American after an exciting 4.5 years as editor in chief” without mentioning her previous comments. In a series of now-deleted posts on the same platform, she called Trump voters the “meanest, dumbest, most bigoted” group and “fascists” following the former president’s reelection last week. Helmuth had apologized in a separate post, calling them “offensive and inappropriate” and that they don’t “reflect the position” of Scientific American. “We wish her well for the future.”At 179-years-old, Scientific American says it’s the “oldest continuously published magazine” in the United States and has published pieces from more than 200 Nobel winners.

Persons: Laura Helmuth, Donald Trump, Helmuth, she’s “, ”, “, ” Helmuth, ” Kimberly Lau, Laura, ” Lau, Kamala Harris, Trump Organizations: New, New York CNN, Scientific, Trump, CNN Locations: New York, United States

☆ Bob Iger is the most confident man in Corporate America
▼ + stars: | 2024-11-15 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

(Translation: No one knows what the heck is going to happen with Donald Trump in the White House again. But more on that in a moment…)“This is a happy plot twist for Disney,” Paul Verna, vice president at research firm eMarketer, told me. Of course, the third act of the hero’s journey has its own pitfalls, which Disney still has to navigate. “We, in many respects, have already consolidated,” Iger said on Thursday’s earnings call. As in any good final act, the journey should, at the very least, be entertaining.

Persons: CNN Business ’, —, Bob Iger, Donald Trump, ” Paul Verna, Iger, Deadpool, underwhelmed, Joe Biden, ” Iger, “ Trump, ” Verna, Trump, ” Trump, Kamala Harris, George Stephanopoulos, Iger —, Trump’s, Disney Organizations: CNN Business, New York CNN, Walt Disney Company, Disney, ABC, FX, ESPN, Marvel, Lucasfilm, Marvel Studios, Corporate America, Trump Locations: New York, America

☆ McDonald’s spends $100 million to lure customers back after E. coli outbreak
▼ + stars: | 2024-11-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s is spending $100 million on marketing and to help franchises most heavily affected by a recent E. coli outbreak that has sickened more than 100 people and damaged sales. In a memo sent to employees and obtained by CNN, McDonald’s is spending $35 million on marketing, which includes a value deal focused on its chicken nuggets, plus $65 million directed toward franchisees that have lost business in states where the outbreak happened. Visits and sales took a nosedive in October after the Centers for Disease Control and Prevention and the Food and Drug Administration said that fresh slivered onions served on the Quarter Pounders were the likely source of an E. coli outbreak. More than 100 people got sick across 14 states and several lawsuits have been filed against the chain. McDonald’s has said recent tests showed no E. coli in its food, and in the memo noted its Quarter Pounder burgers topped with slivered onions are now back on menus nationwide.

Persons: New York CNN —, McDonald’s, ”, Michael Gonda, Tariq Hassan, Chris Kempczinski Organizations: New, New York CNN, CNN, Centers for Disease Control, Food and Drug Administration Locations: New York, North America

☆ Elon Musk met with Iran’s United Nations envoy, NYT reports
▼ + stars: | 2024-11-14 | by ( Tara John | ) edition.cnn.com time to read: +2 min

New York CNN —Elon Musk, the world’s wealthiest person and close ally of President-elect Donald Trump, met with Iran’s ambassador to the United Nations on Monday, the New York Times reported, citing two Iranian officials. CNN is reaching out to Musk and Trump’s transition team for comment. The reported meeting comes as experts speculate that the next four years could pose a significant test for Iran. Just last week, the day after the presidential election, Musk joined Trump’s call with Ukrainian President Volodymyr Zelensky, according to two sources. Trump announced Tuesday that Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration.

Persons: New York CNN — Elon Musk, Donald Trump, Amir Saeid Iravani, Biden, Trump, Musk, Volodymyr Zelensky, Zelensky, Vivek Ramaswamy, Government ” Organizations: New, New York CNN, United Nations, New York Times, CNN, UN, Trump, “ Department, Government, NASA, Republicans Locations: New York, Iran, Tehran, Israel, Starlink, Ukraine, Russia, Government

☆ High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years
▼ + stars: | 2024-11-14 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

With some of these pressure points softening, food prices have cooled to rates comparable to before the pandemic. “Grocery prices have skyrocketed,” he said. “Until we can — if we can — fix climate change, there’s no way that food prices can come down,” he told CNN. In the past, grocery prices have come down primarily when “the economy is under duress” and people don’t have enough money to pay for groceries. Absent these kinds of scenarios, Trump is unlikely to get the actual food prices we pay back to where they were during his first term.

Persons: Joe Biden, Donald Trump, Trump, ”, “, ” Trump, “ That’s, That’s, Phil Lempert, Vance, Lempert, Leo Feler, Feler, it’s “ Organizations: New, New York CNN, AP VoteCast, New York Economic Club, ”, Trump, CNN, University of California Locations: New York, Ukraine, Russia, Brazil, Mexico, Florida, California, China, Los Angeles

☆ Disney gives investors years to cheer about
▼ + stars: | 2024-11-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic uncertainty. Shares of Disney (DIS) are exploding higher – up 10% just after the market open Thursday. And it forecast profits from streaming will rise another $875 million in the new fiscal year, helping to lift results. Legacy media companies such as Disney that have gotten into streaming in the last five years have struggled to make the business profitable as they sought to catch up with Netflix, which had been the only profitable streaming service until recently. Disney needs to have improved results from streaming as its cable and broadcast network business continues to suffer from a combination of ad sales declines an cord cutting by consumers.

Persons: New York CNN —, segement Organizations: New, New York CNN, New York CNN — Disney, Disney, Netflix, Pixar Locations: New York

☆ The election proved the media is in crisis. Here’s what it needs to do to regain its relevance
▼ + stars: | 2024-11-14 | by ( Brian Stelter | ) edition.cnn.com time to read: +11 min

What can news outlets do to regain trust and appeal to new audiences without alienating existing readers and viewers? For the past week, CNN’s media team has been receiving feedback from readers of the Reliable Sources newsletter. Mainstream media outlets have been losing public trust for decades, particularly among Republicans, but also among Democrats and independents. Maybe, CNN’s Donie O’Sullivan commented last week, the media collectively spent “too much time obsessing about polling (where did that get us?) As long as President-elect Donald Trump keeps repeating lies and raising controversies, the press will be seen as a hostile force by many Trump voters.

Persons: New York CNN — Donald Trump’s, Kamala Harris, “, ”, Greg Gutfeld, Sean Hannity, ” Elon Musk, Harris, Donie O’Sullivan, MAGA, it’s, TheWrap’s Sharon Waxman, Donald Trump, They’re, Joe Rogan’s, Charlie Warzel, Rachel Karten, “ Trump, Tim Graham, Arlie Russell Hochschild, Vox, Lulu Garcia, Navarro, Buck, Richard Stengel, Andrew Morse, “ It’s, Will Bunch, there’s Organizations: New, New York CNN, ” Fox, Trump, Media, ABC News, Nielsen, CNN, News, Civic Health, Media Research Center, ” New York Times, Atlanta, Philadelphia Locations: New York, Washington, York, U.S

☆ Advance Auto Parts is closing more than 700 locations
▼ + stars: | 2024-11-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report. The car parts retailer, which has about 5,000 stores, said Thursday that the closures are part of its “strategic plan to improve business performance.” Advance Auto Parts (AAP) shares slid nearly 5% in premarket trading after it reported earnings that missed analysts’ expectations. The reduction will result in closing roughly 500 corporate-owned stores plus about 200 independently operated locations. The company did not immediately provide a full list of locations set to close. It recently sold Worldpac, an automotive parts wholesaler, for $1.5 billion as part of “simplification” of its business model.

Persons: — Organizations: New, New York CNN, Parts, Advance, Research, Companies, Consumers Locations: New York

☆ Craig Melvin named the next co-anchor of NBC’s ‘Today’
▼ + stars: | 2024-11-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Craig Melvin will become the co-anchor of NBC’s “Today” show beginning early next year, following the departure of Hoda Kotb. Melvin is a familiar face to “Today” viewers, having been with the program in various roles for nearly 14 years. He is an “integral and beloved part of our family,” Libby Leist, senior vice president of Today, said in a statement. She also co-hosted the 10 am hour with Jenna Bush Hager. NBC announced said that the fourth hour will be renamed “Jenna & Friends” following Kotb’s departure until a permanent co-host is named.

Persons: Craig Melvin, Hoda, Savannah Guthrie, Melvin, Kotb, Al Roker, Dylan Dreyer, Sheinelle Jones, Guthrie, “, ” Melvin, ”, ” Libby Leist, Craig’s, ” Kotb, Jenna Bush Hager, Jenna Organizations: New, New York CNN, Savannah, Guthrie, NBC News, NBC Locations: New York

☆ The real reason Starbucks is bringing back self-serve milk and sugar
▼ + stars: | 2024-11-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —Starbucks baristas can put eight shots of espresso into one cup. Starbucks’ self-serve stations had milk, sugar, sweeteners, spices and stirrers, just like at other coffee shops. This influx of mobile orders has sometimes strained Starbucks workers during rush hours. Gabby Jones/Bloomberg/Getty ImagesNiccol said bringing back self-serve stations will help Starbucks serve drinks in four minutes or less. “We’ll need to have proper staffing so that people are able to restock the condiment bar and make sure it’s clean and presentable.”

Persons: Amanda Poore’s, creamer, ”, Poore, David Garfield, “, Brian Niccol’s, Gabby Jones, Niccol, We’re, it’s, Amanda Rivera, Rivera Organizations: New, New York CNN, Starbucks, Bloomberg, Getty, Starbucks Workers Locations: New York, Seattle, Atlanta

☆ Vaccine maker stocks tumble after Trump picks RFK Jr. for health secretary
▼ + stars: | 2024-11-14 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Shares of prominent vaccine makers plunged Thursday after President-elect Donald Trump announced his pick of Robert F. Kennedy Jr. to be the next secretary of the Department of Health and Human Services. An hour before the market closed Thursday, as news reports of Trump’s choice began trickling out, Covid-19 vaccine maker Moderna dipped as much as 6%, and Pfizer fell almost 2%. Novavax, which created a protein-based Covid-19 vaccine, fell almost 6%. Last week, Kennedy said he would “immediately” begin studying vaccine safety and efficacy but promised to not “take vaccines away from anybody.”Other vaccine-related companies also felt the fallout. Over the past year, Pfizer stock has dipped 11%, and Moderna stock has plunged 46%.

Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, “, Trump, ” Trump, CNN’s Kaitlan Collins, Kristen Holmes, Aaron Pellish Organizations: New, New York CNN, Department of Health, Human Services, Moderna, Pfizer, BioNTech, British GSK, Health, HHS Locations: New York, British

☆ Elon Musk is a showman, not an accountant
▼ + stars: | 2024-11-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

The merch will be 🔥🔥🔥”If you need more evidence of how silly this whole thing is, note (as many commentators did online) that the efficiency department is being overseen by two people. On the campaign trail last month, Musk was asked how much he thought he could cut from the nation’s $6.5 trillion budget. Musk would be lucky to find $200 billion in the federal budget, former Treasury Secretary Larry Summers said at the Economic Club of New York on Tuesday. Even Trump joked to House Republicans on Wednesday that he can’t get rid of Musk, a source in the room told CNN. And that means Musk himself, as Tesla’s largest individual shareholder, is $55 billion richer today than he was a week ago.

Persons: Donald Trump, Elon Musk, ”, he’s, Vivek Ramaswamy, ” Trump, Elon, Vivek, Trump, Musk, ments on Organizations: New, New York CNN, bro, “ Department, Government, Ford, United Airlines, Republican Congress Locations: New York, le

☆ Analysis: A Trump bitcoin promise is what crypto fans once fought against. They love it anyway
▼ + stars: | 2024-11-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —The crypto industry, an institution founded on the principle of getting the government’s greedy hands off the people’s currency, is booming. They may have finally convinced the government to get its hands on bitcoin. And second: He would create a national bitcoin reserve by preventing the government from selling the assets it has seized in criminal cases. I asked several experts this week about that apparent inconsistency in the crypto ethos. “This, by itself, represents an enormous symbolic win for the crypto industry that two years ago was being spoken of as dead in the water.”

Persons: CNN Business ’, Donald Trump, Faryar Shirzad, “, we’ve, ” Trump, ”, Sam Bankman, Trump, Gary Gensler, can’t, Gensler, Robert F, Kennedy Jr, Fort Knox ”, Sam, shouldn’t, Molly White, ’, Zeke Faux, ” Yesha Yadav Organizations: CNN Business, New York CNN, Securities and Exchange Commission, SEC, Vanderbilt University Locations: New York, Fort

☆ Everything is under $20 at Amazon’s newest store
▼ + stars: | 2024-11-13 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Amazon is targeting retail rivals Shein, Temu and TikTok Shop with a new deeply discounted storefront that sells a wide array of products for $20 or less. Called “Amazon Haul,” the mobile-only experience debuted Wednesday in the Amazon app and has everything from fashion accessories to home goods, plus clothes and electronics. Amazon said in an announcement that a “majority” of the Haul items are under $10, with some even less than $1. However, the cheap prices come with a caveat that items can take one to two weeks to be delivered. Also, the store only accepts returns on items that are $3 or more.

Persons: Neil Saunders, ”, ” Saunders, it’s Organizations: New, New York CNN, Shein, CNN, Amazon, Consumer Product Safety Locations: New York, United States, GlobalData

☆ The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
▼ + stars: | 2024-11-13 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Larry Summers has some unsolicited advice for President-elect Donald Trump: Don’t keep your campaign promises — unless you want to send prices skyrocketing once again. “If he carries through on what he said during his campaign, there will be an inflation shock significantly greater than the one the country suffered in 2021,” Summers told Kate Bolduan on CNN News Central on Wednesday. “I hope that he will get the message from this election and adjust his programs so that it’s not inflationary,” Summers told CNN. “In his first term, President Trump instituted tariffs against China that created jobs, spurred investment, and resulted in no inflation,” Karoline Leavitt, a Trump transition spokesperson, said in a statement. They just didn’t want the consequences that came with it in terms of increased inflation,” Summers said.

Persons: Larry Summers, Donald Trump, Summers, Clinton, ” Summers, Kate Bolduan, That’s, Trump, Obama, “, ” Karoline Leavitt, ” Scott Bessent, ” Bessent, Axios, Trump “, Kamala Harris, Biden, I’ve, ” Organizations: New, New York CNN, Treasury, Federal Reserve, CNN News Central, CNN, Trump, Wall Street Journal Locations: New York, China, Ukraine

☆ Bluesky’s user base has doubled in the past 90 days. Is it a mass exodus from X?
▼ + stars: | 2024-11-13 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

Bluesky’s user base has doubled in the past 90 days — on Tuesday the company said it had gained 1 million new sign-ups in the past week alone, bringing it to more than 15 million total users. “X usage is at an all-time high and continues to surge,” X CEO Linda Yaccarino said in a post Wednesday. Bluesky also saw daily visits jump on Election Day and the day after to 1.2 million and 1.3 million, respectively, up from around 800,000 in the days before. On Bluesky, daily users more than doubled from-mid October to the post-election week. In the run-up to the election, Musk spread false and misleading claims about Trump’s competitor, Vice President Kamala Harris.

Persons: Bluesky rocketed, Elon, Musk, Donald Trump, Charlie Warzel, New York Times ’ Mara Gay, Don Lemon, X, White supremacists, Linda Yaccarino, “, Similarweb, Bluesky, ” David Carr, we’ve, Ed Zitron, EZPR, Zitron, Mike Isaac, ”, Trump, MAGA, Kamala Harris, Vivek Ramaswamy, Vladimir Zelensky, Musk’s Starlink, That’s, – CNN’s Liam Reilly, Matt Egan Organizations: New, New York CNN, Apple, New York Times, CNN, Guardian, ” New York Times, Trump, Twitter, “ Department, Government Locations: New York, anecdotally, Bluesky, ”, Russia

☆ How Pete Hegseth went from Fox News host to Trump’s Defense Secretary pick
▼ + stars: | 2024-11-13 | by ( Brian Stelter | ) edition.cnn.com time to read: +8 min

New York CNN —Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. On Tuesday evening, President-elect Donald Trump said Hegseth is his pick for Defense Secretary – a decision that shocked even some of his friends at Fox. Hegseth and Rauchet disclosed their relationship to Fox management when Rauchet was pregnant (and Hegseth was still married). After returning home from Iraq in 2006, Hegseth wrote that more troops were urgently needed. Hegseth wrote “Modern Warriors” in 2020 and “War on Warriors” earlier this year, both for Fox’s book imprint.

Persons: Pete Hegseth, Friends ”, Biden, Donald Trump, Hegseth, –, Pete, “, Trump, ” Hegseth, ”, Roger Ailes, Ailes, buzzed, Hegseth’s, Samantha, Jennifer Rauchet, Rauchet, Kaitlan Collins, George W, Bear Stearns, Amy Klobuchar, Glenn Beck’s, Tucker Carlson, Jack Carr, Bernstein, he’d, Fox, Carr Organizations: New, New York CNN, Fox News, “ Fox, Friends, Fox, Army, Department of Defense, Inside Fox, Trump National Golf, Nashville Christian, CNN, Princeton University, New Jersey Army National Guard, National Guard, Harvard University, White, Trump, Department of Veterans Affairs, Twitter, Fox Nation, Veterans, Warriors, FOX News Media, Princeton Locations: New York, New Jersey, Nashville , Tennessee, Washington, DC, Iraq, Afghanistan, Guantanamo Bay, Cuba, United States, Bear, Guantanamo, Minnesota, Nashville, Tennessee

☆ How Elon Musk’s worst business decision led him to Trump
▼ + stars: | 2024-11-13 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader. Tesla, Musk’s most valuable company, in recent years has struggled to maintain its dominance of the electric vehicle market. Of course, that’s if Trump and Musk remain on good terms. And no matter how much power and influence Musk could yield, Trump will hold the ultimate trump card: He’ll be president.

Persons: New York CNN — Elon Musk, Donald Trump, Musk, Tesla, Trump, ”, Dan Ives, Ives, “, it’s, ” Ives, He’ll Organizations: New, New York CNN, SpaceX, Boring, EV, Wedbush Securities, Trump White House, Tesla, Trump, Bloomberg, Boeing, Fidelity, Twitter Locations: New York, China

☆ Spirit Airlines shares plunge on bankruptcy speculation
▼ + stars: | 2024-11-13 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

A Wall Street Journal report Tuesday evening said a bankruptcy filing is expected to happen within weeks, as talks with Frontier Airlines to possibly buy Spirit (SAVE) broke down recently. Because of those discussions, the company said, Spirit is unable able to complete its third-quarter financial report by the prescribed time. While Spirit management tried to move ahead with the Frontier deal, its shareholders rejected the offer and Spirit ultimately agreed to the JetBlue deal instead. It argued such a combination would hurt airline passengers because it would reduce the number of inexpensive airline tickets — putting upward pressure on airfares overall. In January 2024 a federal judge agreed with DOJ’s argument and blocked the JetBlue deal.

Persons: Spirit Organizations: New, New York CNN — Spirit Airlines ’, Frontier Airlines, Securities and Exchange, JetBlue Airways, Spirit, JetBlue, Justice Department, Airbus Locations: New York

☆ Chipotle shareholder sues over skimpy portion sizes
▼ + stars: | 2024-11-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —A Chipotle shareholder is suing the fast-casual chain over viral social media complaints about skimpy portion sizes. The proposed class-action lawsuit filed Monday claims Chipotle understated customer dissatisfaction regarding its “highly inconsistent” portion sizes in official disclosures. “First, there was never a directive to provide less to our customers,” Niccol said during the earnings call. After that earnings call on October 30, Chipotle stock dipped 7.86%. The proposed class action would make eligible anyone who purchased or sold Chipotle stock from February 8 to October 29, 2024.

Persons: Keith Lee, Chipotle, ” Laurie Schalow, Chipotle’s “, Brian Niccol, ” Niccol, Niccol, Jack Hartung, Scott Boatwright, Boatwright Organizations: New, New York CNN, Starbucks Locations: New York, Wells, Chipotle’s, Chipotle

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