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☆ TGI Fridays files for bankruptcy
▼ + stars: | 2024-11-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —TGI Fridays Inc., the American casual dining chain, filed for Chapter 11 bankruptcy protection Saturday. The bankruptcy affects TGI Fridays’ parent company, which operates 39 restaurants, and not the franchisees that control the remaining locations. TGI Fridays is privately owned by TriArtisan Capital Advisors, a private equity firm, so financial results aren’t released. In September, TGI Fridays’ operations in the United Kingdom also ran into trouble. TGI Fridays joins Red Lobster and Buca di Beppo chains, both of which filed for Chapter 11 bankruptcy protection in recent months.

Persons: ”, “, Rohit Manocha, ” John Bringardner, Tiffany, aren’t Organizations: New, New York CNN, CNN, TriArtisan Capital Advisors, It’s Locations: New York, Manhattan, United States, United Kingdom

☆ Soda is making a comeback
▼ + stars: | 2024-11-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Cans of Dr Pepper soda are displayed on June 3, 2024 in San Anselmo, California. While consumers are drinking more Coke, Coke Zero, Dr Pepper and Canada Dry, Pepsi’s soda sales are struggling. ‘Diet Coke Break’“Dirty soda,” a popular TikTok trend that combines soda with syrup and cream, has also driven interest in soda brands among younger consumers interested in creating their own soda concoctions. TikTok has also recently become filled with “Dirty Diet Coke,” “Crispy Diet Coke” and “DietCokeBreak” recipe videos where people leave cans of Diet Coke in the fridge for weeks and then pour them into a glass, sometimes with citrus powder, to get the most fizziness. Singer Dua Lipa gave Coke its latest viral hit this month when she posted a video sharing her Diet Coke recipe, which combines Diet Coke, pickle juice and jalapeño sauce.

Persons: guzzling Coke, Dr Pepper, It’s, ”, Robert Ottenstein, “ There’s, Coke, Pepper, Justin Sullivan, ” Timothy Cofer, Duane Stanford, Noam Galai, Laura Schmidt, Pepper’s, Cofer, Angus Mordant, Singer Dua Lipa, Gordon Ramsay, ” Kristen Hollingshaus, “, Diet Coke, CNN’s Ramishah Maruf Organizations: New, New York CNN, Consumers, Heineken, ISI, Centers for Disease Control, Evercore ISI, World Health Organization, Bureau of Labor Statistics, Companies, Pepsi, Beverage Digest, New York, Wine, Food Festival, Stanford, University of California, PepsiCo Inc, Bloomberg, Getty, PepsiCo, Gatorade, Netflix, Dirty, Singer Dua, Coke, CNN, Diet Locations: New York, San Anselmo , California, America, Canada, Latham , New York, United States, TikTok

☆ Wendy’s is closing 140 restaurants
▼ + stars: | 2024-11-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Wendy’s is closing 140 restaurants in the coming months, the fast food chain announced this week. But the company said it would open an equal number of new locations in areas it believes can generate better business for Wendy’s. “Overall, Wendy’s system is incredibly healthy.”This round of closures are in addition to 100 closings that Wendy’s announced in May. Despite the rounds of closures, the overall number of Wendy’s, which stands at about 6,000 in the US, isn’t shrinking. Other chains recently announced closures of underperforming locations, including Denny’s and Shake Shack.

Persons: New York CNN —, Kirk Tanner, Tanner, “, Wendy’s “, ”, Wendy’s, WEN, SpongeBob, ” Tanner Organizations: New, New York CNN, Wendy’s Locations: New York

☆ Is this the deal to end Boeing’s crippling 7-week strike?
▼ + stars: | 2024-11-01 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +10 min

New York CNN —More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The deal is not significantly different from an offer rejected by nearly two-thirds of membership just over a week ago. And it happened 10 years ago at Boeing, when about two-thirds of members rejected an offer that ended the pension plan. Despite its many problems, Boeing is a major force in America economy, and it is the largest American exporter. Ending the strike is important for Boeing’s new CEO, Kelly Ortberg, who started in the job just five weeks before the strike began.

Persons: it’s, ”, “, John Deere, “ It’s, Brandon Felton, we’ve, Jon Holden, haven’t, ” Holden, you’ve, ’, hasn’t, Lindsey Wasson, Holden, What’s, Max fuselages, David Ryder, they’ve, Kelly Ortberg, Ortberg, “ Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Labor, ” Union, United Auto Workers, CNN, IAM, ”, Anderson Economic Group, Anderson, Reuters, Alaska Airlines Locations: New York, Michigan, Seattle, America

☆ Freebies on Election Day include Uber and Lyft rides, Krispy Kreme doughnuts and more
▼ + stars: | 2024-11-01 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

Election Day, which falls on Tuesday Nov. 5, is not a federal holiday. Make sure to check local restaurants, bars and businesses for any Election Day promotions they may have. Here are some offers available nationwide:RideshareOn Election Day, users will be greeted with different promotions when clicking on the “Go Vote!” tile in the Uber app. Lyft also said it is offering a 50% discount (up to $10) on Election Day rides to the polls. IkeaParticipating locations at the Swedish furniture retailer will offer a free frozen yogurt on Election Day.

Persons: Elon, Lyft, “, ” Jerry Golden, Hertz, Krispy, Johnny Rockets Organizations: New, New York CNN, Rentals, Johnny Locations: New York, West Coast, Swedish

☆ Two Washington Post writers who resigned over Bezos’ non-endorsement join The Atlantic
▼ + stars: | 2024-11-01 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

New York CNN —Two veteran writers who resigned from The Washington Post over its non-endorsement decision are joining The Atlantic. Robert Kagan and Danielle Allen are coming aboard as contributing writers, The Atlantic’s editor-in-chief Jeffrey Goldberg said Friday. Kagan, a Post opinion editor-at-large and senior fellow at the Brookings Institution, resigned within minutes of learning the news. More than 250,000 Post customers cancelled their subscriptions in the wake of the non-endorsement, according to reporting by NPR and the Post. For The Atlantic, the Post imbroglio is also an opportunity to attract talent.

Persons: Robert Kagan, Danielle Allen, Jeffrey Goldberg, Jeff Bezos, Donald Trump, Bezos, board’s, Kamala Harris, Kagan, “ Bezos, ”, “, Goldberg, Harris, ” Goldberg, Allen, Trump, Barack Obama, ” Allen Organizations: New, New York CNN, The Washington Post, Atlantic, Post, Amazon, Brookings Institution, Trump, NPR, CNN, Harvard University, Washington Locations: New York

☆ Biden is beating Trump on stocks. History shows markets do better under Democrats
▼ + stars: | 2024-11-01 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

The S&P 500 enjoyed a compound annual growth rate of 12.1% from Trump’s surprise election in November 2016 through Biden’s 2020 victory, according to CFRA. “The Trump market was so strong because of a combination of very low inflation, very low interest rates and tax cuts,” said Stovall. The S&P 500’s growth rate under Democrats is 10% compared with 6.7% under Republicans, according to CFRA. In those six years since 1945, where such a dynamic has been in place, the S&P 500 has enjoyed a sizzling growth rate of 16.8%. In fact, the market has generally performed better during times of higher, not lower, tax rates across changes in all three categories, BMO found.

Persons: Donald Trump, Joe Biden, ” Trump, Biden, Sam Stovall, Stovall, Bill Clinton, Kamala Harris, “ Biden, ” Stovall, Trump, Clinton, “, ”, Barack Obama, Hillary Clinton, CFRA, ” Brian Belski, Richard M, Nixon, George W, Bush, . Bush, –, Richard Nixon, Bush –, ” Belski, Gridlock, Harris, BMO’s Belski Organizations: New, New York CNN, Biden’s, CFRA Research, Biden, Trump, Wall, “, Democrats, Republicans, Gross, Democratic, BMO Capital Markets, Clinton, Congress, Investors, Republican, White, BMO Locations: New York

☆ Hugh Hewitt quits The Washington Post after storming off newspaper’s live show
▼ + stars: | 2024-11-01 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

New York CNN —Conservative radio host Hugh Hewitt resigned from his contributing columnist role at The Washington Post on Friday after storming off the newspaper’s live show over a disagreement with his colleagues. “No election can be fair in Donald Trump’s mind unless Donald Trump wins it,” Marcus said before Hewitt interjected. It’s got to be reported — Bucks County was reversed by the court and instructed to open up extra days because they violated the law and told people to go home,” Hewitt said. “So yes, he’s upset about Bucks County, but he was right, and he won in court. After storming off the show, Hewitt confirmed to Fox News that he had parted ways with The Post.

Persons: Hugh Hewitt, Hewitt’s, Jonathan Capehart, Ruth Marcus, Donald Trump, Capehart, Marcus, Hewitt, “, Donald Trump’s, ” Marcus, Hewitt interjected, “ I’ve, It’s, ” Hewitt, Trump, ” Capehart, Hugh, ” “, Jonathan, how’s, Fox, Trump’s MAGA, Jeff Bezos Organizations: New, New York CNN — Conservative, Washington, Republican National Committee, RNC, Tuesday’s, Fox News, Salem Media Locations: New York, Pennsylvania, Bucks, Philadelphia, Bucks County

☆ A radical idea to solve inflation from a radical former Fed pick
▼ + stars: | 2024-10-31 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

A zero percent inflation target might be popular, but it would represent a sharp departure – one that mainstream economists warn would backfire. “Stable inflation is an oxymoron because it means it’s not stable,” Shelton told CNN in a recent interview. In fact, one reason the Fed set its inflation target at 2% is because it’s safely away from that deflation-danger zone. A zero inflation target would mean a path right on the edge. But even some of Shelton’s biggest fans are opposed to her embrace of a zero-inflation target.

Persons: Judy Shelton, Donald Trump, It’s, ” Shelton, Shelton, Trump, ”, Mark Zandi, Zandi, Justin Wolfers, Kamala Harris, it’s, Wolfers, Bill English, “, ” Trump, Stephen Moore, Jerome Powell, Moore, Powell, Kevin Hassett, Reagan, Arthur Laffer, ” Moore, CNN’s KFile, CNN he’s, he’d, Elon, ‘, haven’t, James Grant Organizations: New, New York CNN, Federal Reserve, Fed, CNN, Federal Reserve Board, Moody’s, University of Michigan, Yale University, Heritage Foundation, Trump White House, Trump Locations: New York

☆ Why rich Trump backers aren’t scared of his inflationary economic agenda
▼ + stars: | 2024-10-31 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —The last three years have upended everything about the way we expect the economy to work. But the pandemic-era inflationary period played out unlike any other in history, and wealthy people made out like bandits. And that may be because the only real inflation we’ve seen in decades was a multi-year profit bonanza for them. And that has provided a permission structure for some wealthy Trump supporters to shrug their shoulders at his inflationary economic agenda. But it won’t be the same flavor of profit-driven inflation we’ve seen over the past three years.

Persons: CNN Business ’, That’s, Donald Trump’s, “ It’s, ”, Kent Smetters, “, we’ve, ” It’s, He’s, Harris, Josh Bivens, Bivens, ” Bivens Organizations: CNN Business, New York CNN, Wall, University of Pennsylvania’s Wharton School, Trump, Wall Street Journal Locations: New York, Ukraine

☆ Friday’s jobs report just might disprove right-wing conspiracy theories
▼ + stars: | 2024-10-31 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

But they may ditch their argument Friday morning, when the October jobs report is set to be released — just days before Election Day. Groshen disagreed, saying that initial estimates of the monthly change in hiring are “noisier than they used to be” because of the lower response. However, that gets smoothed out in later revisions as response rates improve with the additional time. That exacerbates the funding shortfall at the BLS, where inflation-adjusted funding has steadily declined over the past decade, she said. That would help improve, for instance, Federal Reserve officials’ ability to make interest rate decisions that hinge on the latest labor market data, Groshen told CNN.

Persons: Donald Trump, Hurricanes Helene, Milton, Republican Sen, Marco Rubio, ”, Harris, ” Rubio, Rubio, Erica Groshen, Trump, Karoline Leavitt, Kamala Harris “, Laura Kelter, Groshen, “ Organizations: New, New York CNN, Bureau of Labor Statistics, BLS, Hurricanes, Republican, Biden, Trump, Cornell University School of Industrial and Labor Relations, Department of Labor, Census Bureau, Management, CNN, Biden Administration, Employment, Federal Locations: New York, Florida, America

☆ How well is Apple’s AI iPhone really selling? We’ll get the first signs soon
▼ + stars: | 2024-10-31 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Apple CEO Tim Cook said the company’s Apple Intelligence AI tools would “supercharge” the iPhone 16 when he introduced the new device last month. Now the world is about to get its first glimpse of whether the promise of Apple’s artificial intelligence technology is also supercharging deflated iPhone sales. That means people who bought the iPhone 16 in the first month it was on sale didn’t have access to those AI features until just recently. That figure will include sales of earlier iPhone models that happened during the quarter, too, but could indicate that the iPhone 16 helped raise sales slightly. In the year-ago quarter, when the iPhone 15 launched, iPhone sales grew about 2.8% year-over-year.

Persons: Tim Cook, supercharge, Wall, ”, Angelo Zino, Dan Ives Organizations: New, New York CNN, Apple, Apple Intelligence, Wall, CFRA Locations: New York, China

☆ Harris wants to upgrade America’s economy. Trump wants to blow it up and start over
▼ + stars: | 2024-10-30 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

There’s nothing subtle about the Trump agenda. And there is a real fear that the Trump agenda could do more harm than good – especially on the inflation front. They point to study after study that finds Americans have borne almost the entire cost of Trump’s tariffs on Chinese products. And that estimate does not even include almost-definite retaliation from other nations who would respond to Trump tariffs with ones of their own. Harris has called for only partially extending the 2017 Trump tax cuts.

Persons: Kamala Harris, Donald Trump’s, Harris, Trump, Oprah, “ Trump, Joe Brusuelas, ”, That’s, Donald Trump, ” Trump, there’s, ” Kimberly Clausing, nonresident, Joe Biden, Trump’s, – Organizations: New, New York CNN, RSM, CNN, Trump, Federal, Wall Street Journal, Peterson Institute for International Economics, Biden, Federal Reserve, Peterson Institute, Social Security, NBC Locations: New York, China, Mexico

☆ ‘There are no guardrails.’ This mom believes an AI chatbot is responsible for her son’s suicide
▼ + stars: | 2024-10-30 | by ( Clare Duffy | ) edition.cnn.com time to read: +9 min

Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world. Garcia believes Character.AI is responsible for the death of her 14-year-old son, Sewell Setzer III, who died by suicide in February, according to a lawsuit she filed against the company last week. When Garcia first heard he was interacting with an AI chatbot, she said she thought it was something like a video game. However, within months of starting to use the platform, Setzer became “noticeably withdrawn, spent more and more time alone in his bedroom, and began suffering from low self-esteem. “There were no suicide pop-up boxes that said, ‘If you need help, please call the suicide crisis hotline.’ None of that,” she said.

Persons: Megan Garcia, Garcia, Character.AI, Sewell Setzer III, Setzer, “, ” Garcia, ” –, Character.AI's chatbots, chatbot Setzer, she, ” “, ”, Gabby Jones, I’m, That’s, ” Setzer, Matthew Bergman, Bergman, Sewell, Noam Shazeer, Daniel De Freitas, weren’t Organizations: New, New York CNN, International Association for Suicide Prevention, Befrienders, CNN, Trust, Safety, Prevention, Junior Varsity, Bloomberg, Getty, Character.AI, Social Media, Law Center, Meta, Google, Apple Locations: New York, Florida, Brooklyn , New York

☆ Who will be the next president? News outlets are running out of ways to communicate the uncertainty
▼ + stars: | 2024-10-30 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —“Jump ball.” “Coin flip.” “Toss up.” “Dead heat.” “Deadlocked.” On TV and online, political analysts are running out of ways to say the presidential race is effectively tied. As CNN’s Dana Bash said on “Inside Politics” Tuesday, “this race could not be closer.”In this final week of the campaign, the most important thing for the news media to communicate is uncertainty. On the right, former President Donald Trump and many of his right-wing media allies are expressing unbridled confidence that the Republican is going to win next week. “I spend more hours figuring out ways to say this race is close than New Yorkers spend in traffic,” Enten quipped. Even after all the polls are closed, there may still be uncertainty about the outcome since different states tabulate votes in different ways.

Persons: ”, ” “, CNN’s Dana Bash, Rick Klein, Donald Trump, Laura Ingraham, Jesse Watters, Trump, Matt Lewis, Donie O’Sullivan, “, Kamala Harris, they’re, Michelle Obama, Harry Enten, ” Enten, Enten, Harris, “ I’ve, ” Anthony Salvanto, ” Salvanto Organizations: New, New York CNN, ”, ABC News Washington, CNN, Republican, Fox News, Trump, MSNBC, Fox, Journalists, CBS News Locations: New York, “ MAGA, New

☆ Trump’s social media stock plunges 20%, flirting with its worst day since going public
▼ + stars: | 2024-10-30 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —After a ridiculous spike over the past five weeks that had absolutely nothing to do with the company’s actual business, former President Donald Trump’s social media stock is suffering a sudden setback. Truth Social owner Trump Media & Technology Group’s share price plunged about 20% on Wednesday afternoon. If Trump Media finishes with a loss of more than 21%, it would qualify as its worst one-day loss since going public in March. Trump Media did not release any major news that would explain the nosedive. Trump Media’s stock has been extraordinarily volatile all year.

Persons: Donald Trump’s, It’s, “, ” Dan Ives, ” Matthew Tuttle, Wednesday’s selloff, ” Tuttle Organizations: New, New York CNN, Social, Trump Media & Technology, Trump Media, Trump, White, Elon Musk, CNN, CBS, Paramount Global, GameStop, Wedbush Securities, Tuttle Capital Management Locations: New York

☆ America is obsessed with Chili’s
▼ + stars: | 2024-10-30 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —People apparently can’t get enough of the Big Smasher burger, $6 margaritas and Triple Dipper combination platters at Chili’s. The meal deal is now 11% of Chili’s business, with sales soaring 70% over the last year. The Triple Dipper is “very relevant with younger guests and how they prefer to eat with more variety, customization and experiential flavors through our wide variety of dips,” Hochman said. The Triple Dipper is a staple on TikTok, with customers filming their combinations and raving about it. Meanwhile, McDonald’s was seeing its fortunes recover because of the $5 meal deal, but its momentum was stunted because of an E. coli outbreak.

Persons: “, Brinker, Kevin Hochman, Chili’s, ”, Hochman, Don Julio, margarita, McDonald’s Organizations: New, New York CNN, Triple, Brinker Locations: New York, Chili’s, Placer.ai, United States

☆ Starbucks is making a popular add-on free of charge
▼ + stars: | 2024-10-30 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

Starting next week, Starbucks customers will no longer pay more for adding non-dairy milk to their orders. The company said the removal of the non-dairy milk surcharge means customers who request it will pay around 10% less than they did previously. Orders with milk substitutions have proliferated at Starbucks in recent years, alongside non-dairy alternatives in grocery stores. Non-dairy milk has become the second most common order modification at Starbucks, behind adding a shot of espresso. Starbucks is scaling back promotional offers through its mobile app to get customers to pay full price for its coffees and teas.

Persons: Brian Niccol, ” Niccol, it’s, Niccol Organizations: New, New York CNN, Starbucks, “ Locations: New York, Canada

☆ More than 250,000 Washington Post readers cancel subscriptions in revolt over non-endorsement
▼ + stars: | 2024-10-30 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

New York CNN —More than 250,000 Washington Post readers have canceled their subscriptions since the newspaper announced last week it would not make an endorsement in the presidential race, leading to a “huge spike” in cancelations, the Post reported late Tuesday. The number did not take into account any new subscribers the Post may have added since Friday or any subscribers who have since re-subscribed, the paper reported. The Post reported it began seeing a surge in cancelations within hours of the announcement. “I wish we had made the change earlier than we did, in a moment further from the election and the emotions around it,” Bezos wrote. Instead, Bezos framed his decision to end presidential endorsements as one designed to regain the trust of readers.

Persons: Will Lewis, Lewis, Marty Baron, “ craven, Jeff Bezos, Trump, Harris, Bezos, — Bezos, Donald Trump, “, ” Bezos, ” Organizations: New, New York CNN, Washington Post, Post, NPR, CNN, Blue Origin Locations: New York, cancelations, ”, Texas

☆ Donald Trump weaponizes non-endorsements from The Washington Post and Los Angeles Times
▼ + stars: | 2024-10-30 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —The Washington Post, Los Angeles Times and USA Today may have declined to endorse a candidate in this year’s presidential election. “The Washington Post and Los Angeles Times, and all these papers. “Washington [Post] and USA Today, congratulations. A Washington Post spokesperson referred CNN to Lewis’ statement from last week. In the wake of the non-endorsements, more than 250,000 Post readers have canceled their subscriptions, while the Times reported more than 7,000 subscribers canceled for “editorial reasons.”CNN’s Kate Sullivan contributed reporting.

Persons: Donald Trump doesn’t, Trump, They’re, ”, “, we’re, Kamala Harris, Will Lewis, Lewis, Harris, Jeff Bezos, Patrick Soon, Bezos, ” CNN’s Kate Sullivan Organizations: New, New York CNN, Washington Post, Los Angeles Times, USA, Leadership, Times, Trump, CNN Locations: New York, North Carolina, “ Washington

☆ Visits to McDonald’s plunged after the E. coli outbreak
▼ + stars: | 2024-10-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Americans around the country avoided McDonald’s last week after an E. coli outbreak left dozens of people sick. On Wednesday, the day after the E. coli outbreak was announced, customer visits to McDonald’s dropped 6.4% across the country and 24% in Colorado, where the outbreak was most prevalent, according to Placer.ai, which tracks foot traffic to restaurants and retailers. “The issue appears to be contained to a particular ingredient and geography, and we remain very confident that any contaminated product related to this outbreak has been removed from our supply chain and is out of all McDonald’s restaurants,” McDonald’s said Sunday. The E. coli outbreak has overshadowed McDonald’s business and came as the chain was struggling to win back customers put off by higher prices. The quarter ended on September 30 and did not include sales following the announcement of the E. coli outbreak.

Persons: McDonald’s, ” McDonald’s, RJ Hottovy Organizations: New, New York CNN, Colorado Department of Agriculture, McDonald’s Locations: New York, Colorado, McDonald’s, United States

☆ Starbucks is getting rid of the olive oil coffee that Howard Schultz pushed
▼ + stars: | 2024-10-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Starbucks is eliminating its controversial olive oil-infused drinks from the menu, less than a year after they made their nationwide debut. “Rather than a flavor or a product, it’s really a platform.”Oleato was the brainchild of former CEO Howard Schultz, who got the idea after meeting with an olive oil producer who introduced him to the practice of consuming a tablespoon of olive oil each day. A pair of reviewers posted a video titled “We Tried Starbucks Olive Oil Coffee Drinks and Seriously Regret It.” Others had mixed feelings , but concluded that the drinks seem more like a stunt — something worth trying but not necessarily worth coming back for. The Oleato menu consists of two drinks: an oat milk latte infused with the extra virgin olive oil; and a toffee nut iced shaken espresso with golden foam, which is vanilla sweet cream infused with extra virgin olive oil into a cold foam. Schultz was effusive about the launch, and it was one of his most high-profile projects before leaving his position.

Persons: Brian Niccol, nix, Niccol, we’ve, ” Brady Brewer, “, Oleato, Howard Schultz, Schultz, Laxman Narasimhan, ” Narasimhan Organizations: New, New York CNN, Starbucks, CNN Locations: New York, Canada, Italy

☆ One of Republicans’ biggest inflation cudgels against Democrats has evaporated
▼ + stars: | 2024-10-29 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.

Persons: Harris, ” Patrick De Haan, It’s, we’re, ”, De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, “ Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States

☆ Influencers are playing a big role in the 2024 election. There’s no way to tell who’s getting paid for their endorsements
▼ + stars: | 2024-10-29 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +12 min

Angelo was paid by a Democratic political action committee for the post, a fact that’s clearly noted in the caption. Campaigning moves to social mediaIn 2024, political content posted by social media creators has become just as important as traditional celebrity endorsements — if not more. Together, the two organizations paid 15 social media creators to produce content encouraging Latinos to vote. Election advertisements are overseen by a different agency, the Federal Elections Commission, which lacks a similar disclosure rule for individuals who are paid to make endorsements on social media. Meta, the parent company of Facebook and Instagram, has since 2020 allowed paid political content from influencers, so long as the organization paying for it is registered in its ad library.

Persons: ” influencer Mikey Angelo, who’s, Angelo, they’ve, ’, they’re, “, ”, Krysten Stein, Jake Paul, Donald Trump, Trump, ” Paul, Tim Walz, Matt Nelson, Walz, Nelson, Paul, Kamala Harris ’, Harris, “ It’s, Danielle Butterfield, Butterfield, ” Butterfield, Influencers, Trump’s, Axios, Jack Posobiec, Riley Gaines, Tana Mongeau, Mongeau, she’d, ” Mongeau, they’d, Mitchell Katz, Ellen Weintraub, Shana Broussard, George W, Bush, aren’t, TikTok, Somos, Ari Cohn, ” Cohn, Robert Weissman, ” Weissman, Cate Domino, Domino Organizations: New, New York CNN, Democratic, influencers, Commission, Pew Research Center, University of Cincinnati Blue Ash College, YouTube, Convention, USA, Somos, CNN, NCAA, Democratic National Committee, Republican National Committee, Federal Trade Commission, Federal Elections Commission, FEC, Facebook, Public Citizen Locations: New York, Trump

☆ America’s largest newspaper chain, including USA Today, won’t endorse in 2024 presidential race
▼ + stars: | 2024-10-29 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Gannett, owner of the nation’s largest newspaper chain, announced that its more than 200 publications, including USA Today, will not publish presidential endorsements in the run-up to the November 5 election. The newspapers aren’t alone in declining to publish presidential endorsement in the 2024 race. “Until now.”In 2020, USA Today again broke with its own tradition, this time offering its first full-throated endorsement for Joe Biden’s candidacy. David Mastio, who was part of the USA Today opinion team that published the 2020 endorsement of Biden, called the decision deeply disappointing. “I am deeply disappointed that USA TODAY has lost its voice at this critical time for our country.”

Persons: New York CNN —, Gannett, ”, Lark, Marie Antón, Kristin Roberts, Roberts, Gannett Media newsrooms, ” Antón, Kamala Harris, Donald Trump “, Hillary Clinton ”, “, ” “ We’ve, Joe Biden’s, Ronald Reagan, David Mastio, Biden, ” Mastio Organizations: New, New York CNN, New York CNN — Gannett, USA, USA Today Network, ” Gannett, CNN, Gannett Media, USA Today, Gannett, The Arizona Republic, Detroit Free Press, Los Angeles Times, The Washington Locations: New York, USA, “

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