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☆ Nestlé is releasing a lineup of frozen food for people on Ozempic and other GLP-1 drugs
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Nestlé, the maker of frozen food brands like Stouffer’s and DiGiorno, is slimming down with a new line of meals for people taking GLP-1 drugs, such as Ozempic, for weight loss. However, a recent study on Wagovy significantly reduced heart risk in addition to helping with weight loss. An example of Vital Pursuit food. It also made a $100 million-plus deal to buy Sequence, a telehealth business that offers virtual prescriptions to patients for these weight loss drugs where appropriate. Food companies, like Nestlé, are also bracing for GLP-1 consumers to buy fewer sugary snacks and drinks.

Persons: New York CNN — Nestlé, It’s, Morgan, Steve Presley, Neil Saunders, Nestlé, it’s “, Saunders, ”, “ Nestlé, Sesame, WeightWatchers, ” Saunders, CNN’s Nathaniel Meyersohn Organizations: New, New York CNN, North, GlobalData, Lean, CNN, Companies, Costco, Equinox Locations: New York

☆ Peloton ‘paused the use of’ Sean ‘Diddy’ Combs’ music on its platform
▼ + stars: | 2024-05-21 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Peloton said it has paused the use of music recorded by Sean “Diddy” Combs on its workout class platform in response to a member of a private Facebook group for Peloton users. In the comment posted on Monday, the company said it also removed the Bad Boy Entertainment Artist Series, a line of classes and workouts using music from a record label founded by Combs, on its platform. “This means our Instructors are no longer using his music in any newly produced classes,” Peloton said in the post. I take full responsibility for my actions in that video,” Combs said in a video statement posted on Instagram on Sunday. In 2022, Peloton said it “indefinitely paused” playing Kanye West’s music from its streaming workout classes after he made antisemitic comments.

Persons: Sean “ Diddy ” Combs, Combs, — Cassie Ventura, ” Combs, “, Kanye, Buddy, CNN’s Jordan Valinsky, Alli Rosenbloom, Elizabeth Wagmeister Organizations: New, New York CNN, Bad Boy, CNN, Ventura Locations: New York

☆ Wilson deal: Caitlin Clark just did something no athlete has done since Michael Jordan
▼ + stars: | 2024-05-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Breakout basketball star Caitlin Clark has a new achievement that hasn’t been accomplished since Michael Jordan. The WNBA player signed a multiyear deal with Wilson Sporting Goods Co., the league’s official basketball supplier, for “signature basketball collections celebrating Clark’s continued legacy,” the company announced Tuesday. In addition, she will “creatively direct her first-ever signature basketball line” that will roll out later this year. Wilson, which has produced the basketballs for the NBA for several decades, became the official game ball of the WNBA in 2020. Nike is also reportedly on the verge of signing Clark to design her shoe line, but no official deal has been formally announced.

Persons: Caitlin Clark, hasn’t, Michael Jordan, Clark’s, Wilson, Clark, “ Wilson, ” Clark, ” Organizations: New, New York CNN, WNBA, Wilson Sporting Goods Co, CNN, NBA, Indiana Fever, ESPN2, ESPN, Nike, Farm, Gatorade, Panini Locations: New York

☆ Target is cutting prices on up to 5,000 items to lure back inflation-wary shoppers
▼ + stars: | 2024-05-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, as the retailer attempts to attract inflation-wary shoppers turned off by high prices. Prices have dropped effective Monday, with “thousands more price cuts” — amounting to 5,000 items — being reduced over the summer, the retailer announced. Retail sales growth has taken a hit because of high prices: Last month, retail sales were unchanged from March, when spending increased by a downwardly revised 0.6%, the Commerce Department recently reported. By comparison, a year ago, retail sales surged by 3%. In response, Target recently created a new house brand called Dealworthy to take on dollar stores and Walmart.

Persons: Sarah Wyeth Organizations: New, New York CNN — Target, Ikea, Aldi, Shoppers, CNN, Commerce Department, Target, Walmart Locations: New York

☆ Elon Musk’s Neuralink is seeking a second person to test its brain chip
▼ + stars: | 2024-05-17 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk’s brain implant startup Neuralink is accepting applications for a second human trial participant to test its device, the billionaire said on X Friday. Neuralink said that the threads connecting the chip to Arbaugh’s brain had retracted, causing performance issues, although the company said it made adjustments to improve its function. Still, Arbaugh says the implant — which allows him to control a computer cursor with his brain — has changed his life. This is the next step forward of helping people with paralysis.”Now, Neuralink is seeking more people like Arbaugh to test out its brain chip. About a month after the operation, Musk said Arbaugh could control a computer mouse with his brain.

Persons: New York CNN — Elon, Neuralink, Noland Arbaugh, Arbaugh, ” Arbaugh, “, ” Neuralink, Musk, ”, DJ Seo, Noland, – CNN’s Jordan Valinsky Organizations: New, New York CNN, Morning America, Morning Locations: New York, Morning America

☆ The iconic Mirage in Las Vegas is closing after 34 years
▼ + stars: | 2024-05-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The Mirage Hotel and Casino on the Las Vegas Strip, and its instantly recognizable volcano, is soon shutting down after more than three decades in business. In addition to the volcano, the Mirage was also home to other quintessential Las Vegas features like the Siegfried and Roy’s white tigers show and a Cirque du Soleil show set to Beatles music. MGM Resorts bought the Mirage from Wynn in 2000 and sold it in 2022 for more than $1 billion to Hard Rock International. It’s the second time Hard Rock will have a presence in Las Vegas, with the brand previously owning the now-Virgin Hotel off the Strip. The Hard Rock said it will pay more than $80 million in severance.

Persons: Steve Wynn, Siegfried Organizations: New, New York CNN, Las, luxe, Bellagio, Vegas, MGM Resorts, Wynn, Virgin Hotel, Culinary Workers Union Locations: New York, Casino, Las Vegas, Florida, Treasure

☆ McDonald’s new McFlurry is inspired by grandmothers
▼ + stars: | 2024-05-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: 1 min

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☆ Netflix to air NFL games on Christmas Day in major expansion into live sports
▼ + stars: | 2024-05-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

The streaming service announced Wednesday a three-year deal to broadcast the league’s Christmas Day games, marking a major milestone for Netflix, whose sports ambitions have largely focused on producing documentaries and creating live specials about golf and tennis. This deal kicks off this year with Netflix airing globally two NFL games on Christmas. We’re so excited that the NFL’s Christmas Day games will be only on Netflix,” said Bela Bajaria, Netflix’s chief content officer, in a release. This year’s Christmas Day games will be revealed Wednesday night on the NFL Network and website. The deal means NFL is also partners with all the major US broadcast networks and most major streaming platforms, including a Thursday night game package with Amazon and Sunday Ticket on YouTube TV.

Persons: ”, Bela Bajaria, “, Hans Schroeder Organizations: New, New York CNN, Netflix, NFL, NFL Network, US, Amazon, YouTube Locations: New York

☆ ‘Jeopardy!’ is coming to Amazon Prime with a different version
▼ + stars: | 2024-05-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

Amazon’s Prime Video has ordered a spin-off of the classic, called “Pop Culture Jeopardy!,” which marks the first-time “Jeopardy!” has created a version exclusively for a major streaming service. The categories will draw from pop culture, including music, sports, Broadway — and even just Zendaya. A premiere date wasn’t announced, but episodes will stream exclusively on Prime Video, which has about more than 200 million global subscribers. “Pop Culture Jeopardy!” isn’t the first spin-off of the quiz show to go streaming: A short-lived “Sports Jeopardy!” was released about a decade ago for Sony’s streaming service Crackle. To help offset that, ads were introduced this year to all Prime Video viewers.

Persons: ”, “, Michael Davies, wasn’t Organizations: New, New York CNN, Amazon, Broadway Locations: New York, It’s

☆ Want to see Taylor Swift’s ‘Eras Tour’ without breaking the bank? Try Europe
▼ + stars: | 2024-05-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Planning a summer vacation in Europe usually requires an exorbitant amount of cash, but when Taylor Swift is involved, it actually might be a deal. For example, secondary market ticket prices for Swift’s show in Stockholm, Sweden, this Saturday are as cheap as $300 for standing room-only and seats in the nosebleed sections. Compare that to Swift’s show in Miami in October where seats are selling for about $2,000 to as much as $8,500 on StubHub. Julien De Rosa/AFP/Getty ImagesAlthough Europe’s laws on ticket resale vary country by country, a number of them, including Ireland and Portugal, ban ticket sellers from making a profit on the secondary market. For Swifties looking to jump over the pond for their London Boy, Shemtob recommends using ticket sellers such as Ticketmaster, AEG, Eventim or Twickets.

Persons: Taylor Swift, Swift, Sam Shemtob, Julien De Rosa, reselling, Shemtob, it’s, ” Organizations: New, New York CNN, Union, Alliance, CNN, Friends Arena, Swedish men’s national football team, Sweden isn’t, Getty, EU, Digital Services, European Court, Justice, ”, London, Ticketmaster, AEG Locations: New York, Europe, Stockholm, Sweden, Swedish, Miami, New Orleans, Indianapolis, Portugal, Spain, Germany, Paris, AFP, Ireland, France, EU

☆ Apple Store workers in Maryland vote to authorize strike
▼ + stars: | 2024-05-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Apple Store workers in Towson, Maryland, the first of the tech giant’s retail employees to unionize, made history again by voting late Saturday in favor of authorizing a strike. “We deeply value our team members and we’re proud to provide them with industry leading compensation and exceptional benefits.”The union at the Towson store has not disclosed what date members would strike. Apple employees at the Mall at Short Hills store in New Jersey voted against unionizing on Saturday, according to Bloomberg. The union, known as the Communications Workers of America, alleged Apple engaged in illegal union-busting activity and blamed the defeat on the Apple’s tactics. The labor wave hitting Apple retail stores echoes the mass organizing that began at other influential companies in the United States, such as Starbucks and Amazon.

Persons: ”, Apple, “, unionizing, ” Kate Bronfenbrenner, CNN’s Ramishah Maruf Organizations: New, New York CNN, Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, IAM CORE, ” Employees, CNN, Towson, Bloomberg, Communications Workers of America, CWA, Labor, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations Locations: New York, Towson , Maryland, Towson, Baltimore, Short, New Jersey, Washington, China, New York City, United States

☆ Target is dialing back on Pride merchandise after right-wing backlash
▼ + stars: | 2024-05-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Target is limiting the number of stores that will sell LGBTQ-themed merchandise for Pride Month in June following a boycott from right-wing activists last year that took a toll on the brand’s bottom line. About half of its 2,000 stores will sell the Pride collection, according to Bloomberg, which first reported the news. The changes are a “sensible approach,” Neil Saunders, managing director of retail for GlobalData, told CNN. Pride problemsLast year, Target pulled Pride merchandise from some stores after the company and its employees became the focus of a “volatile” anti-LGBTQ campaign, which included threats against its store workers. A Target executive said on the earnings call that there was a “strong reaction” to Pride merchandise and the reaction was a “signal for us to pause, adapt and learn.”–CNN’s Nathaniel Meyersohn contributed to this report.

Persons: Target, it’s “, ” Neil Saunders, “, ”, ” –, Nathaniel Meyersohn Organizations: New, New York CNN, Pride Month, Bloomberg, CNN, Pride, Target, GlobalData, Wall Street Journal, Republican Locations: New York, Minneapolis

☆ Neuralink’s first brain chip implant developed a problem — but there was a workaround
▼ + stars: | 2024-05-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The first test subject for Neuralink, Elon Musk’s brain chip implant startup, has developed a problem just a few weeks after it was inserted. But the company said it was able to make the implant more sensitive to increase its performance even further. About a month after the operation, Musk said Arbaugh could control a computer mouse with his brain after having the chip implanted. Like existing brain-machine interfaces, the company’s implant would collect electrical signals sent out by the brain and interpret them as actions. Before Neuralink’s brain implants hit the broader market, they’ll need broader regulatory approval.

Persons: Elon, Noland, ” Neuralink, Musk, Stephen Hawking, ” Musk, Neuralink, – CNN’s Clare Duffy Organizations: New, New York CNN, Neuralink, Consumers, Drug, Wall Street Locations: New York

☆ Panera’s Charged Lemonade, the subject of multiple wrongful death lawsuits, is being axed from its menu
▼ + stars: | 2024-05-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Panera Bread is eliminating Charged Lemonade from its menu, the caffeinated beverage that has sparked multiple lawsuits and caused a public relations nightmare for the company. The Charged Lemonades will come off the menu in the next two weeks, according to Bloomberg, which first reported the news. The chain declined to comment to CNN on the timeline of the drinks’ removal. A Panera spokesperson said new drinks will replace it, including low-sugar and low-caffeine options, including a new blueberry lavender lemonade, pomegranate hibiscus tea, citrus punch and a tropical green smoothie. Panera kept the Charged Lemonades on the menu, despite the controversies, because experts say removing the drink immediately could have come across as an implied admission that something was wrong with it in the first place.

Persons: Panera, James Haggerty, Haggerty Organizations: New, New York CNN, Bloomberg, CNN, Reuters Locations: New York

☆ Elizabeth Holmes shaves more time off her sentence
▼ + stars: | 2024-05-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Disgraced former Theranos CEO Elizabeth Holmes could be out of prison several months earlier than expected, according to the projected release date posted by the Bureau of Prisons. The Bureau of Prisons’ online database currently shows that Holmes’ expected release date from a Texas prison is August 16, 2032 — a slight reduction from her previous release date of December 29, 2032. It’s her second reduction in less than a year: She previously had her 11-year-and-three-month sentence by about two years last July. These factors that go into calculating an estimated release date are not unique to Holmes’ case, but standard for inmates, a bureau spokesman previously told CNN. Holmes is currently serving out her sentence at Federal Prison Camp Bryan, a minimum security federal prison camp that is approximately 100 miles from Houston.

Persons: New York CNN —, Elizabeth Holmes, Holmes, It’s, Prisons didn’t, Theranos, –, Catherine Thorbecke Organizations: New, New York CNN, Bureau of Prisons, Prisons, CNN, Federal Prison, Street Locations: New York, Texas, Houston, Silicon Valley

☆ Howard Schultz wants Starbucks to fix its American business
▼ + stars: | 2024-05-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Former Starbucks CEO Howard Schultz might have left the coffee giant several months ago, but he’s still offering critiques of the company he ran for about 25 years over three stints. The answer does not lie in data, but in the stores,” Schultz wrote. Laxman Narasimhan, Starbucks’ current CEO who Schultz helped pick, reported a “disappointing” quarter in its second-quarter earnings last week. The company experienced a decline in same-store sales for the first time since 2020 and slashed its full-year sales outlook. Narasimhan vowed to turn the business around by including an update to its app and mobile and payment offerings, improving service times and rolling out revamped menu items to lure customers back.

Persons: Howard Schultz, he’s, Schultz, ”, ” Schultz, “, Laxman Narasimhan, Narasimhan Organizations: New, New York CNN, Starbucks, National Labor Relations Board Locations: New York, United States, China

☆ Rue21, a mall staple, files for bankruptcy and will close all of its stores
▼ + stars: | 2024-05-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks. The retailer, which has about $200 million in debt and 4,900 employees, has been struggling financially in recent years despite a 2017 bankruptcy that the company hoped would turn Rue21 around. Its stores, which are located in 45 US states, will close within the next 4 to 6 weeks and “going out of business” sales are beginning soon. Express filed for bankruptcy last month and announced it was closing about 100 stores. 99 Cents Only Stores, a discount chain, also said in April it was going out of business.

Persons: New York CNN —, Michele Pascoe, Rue21, ” Pascoe, “, Neil Saunders, ”, Rue21 didn’t, Joann Organizations: New, New York CNN, GlobalData, CNN Locations: New York, Pittsburgh, ”

☆ Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out
▼ + stars: | 2024-05-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Peloton CEO Barry McCarthy is leaving his role, and the company is cutting about 15% of its workforce as numerous attempts to regain its pandemic-era glory have failed. McCarthy, who was named CEO just two years ago, will become a strategic advisor through the end of the year, Peloton said in a press release. In his place, Peloton has started a “comprehensive search process” for his replacement and two executives will become interim co-CEOs in the meantime. Peloton also announced that it’s eliminating 400 jobs, which will help the company cut $200 million in costs. McCarthy, a former chief financial officer of Spotify and Netflix, tried to engineer a number of ideas to turn around Peloton.

Persons: Barry McCarthy, McCarthy, Lululemon Organizations: New, New York CNN, Spotify, Netflix, Consumer Product Safety, Sporting Goods Locations: New York

☆ Move over New York Times, now LinkedIn is adding brain-busting games
▼ + stars: | 2024-05-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Watch out “Connections,” LinkedIn says it’s adding a variety of games aimed at making actual connections. The Microsoft-owned platform, best known for professional networking and sharing news, is taking a page from the New York Times and adding three, free “thinking-oriented” games as a way to tap into the explosive popularity of brain-busting puzzles people are adding to their daily routine. People share articles less to push advice on people and more because “they’re trying to build meaningful relationships,” Daniel Roth, editor in chief of LinkedIn, told CNN. “We’ve seen that with the recent explosion of short games that help you.”What are the games? Ultimately, Times’ games have become a major revenue driver for the newspaper.

Persons: “ they’re, ” Daniel Roth, ”, “ We’ve, Minda Smiley, “, Roth, Laura Lorenzetti, Smiley Organizations: New, New York CNN —, LinkedIn, Microsoft, New York Times, CNN, “, Times, New York World Locations: New York, Queens, ”

☆ Starbucks just had a ‘disappointing’ quarter. Here’s how it plans to turn things around
▼ + stars: | 2024-05-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Starbucks is brewing a turnaround plan that involves speedier service and expanding the number of promotions after its most recent quarter was “disappointing,” in the words of its own chief executive. “Let me be clear from the beginning, our performance this quarter was disappointing,” said CEO Laxman Narasimhan on the earnings call. Same-store sales in the United States fell 3%, a sharp reversal from the same quarter a year ago, when they grew 12%. In China, the chain’s second-largest market, sales fell a staggering 11%, with the company blaming competition from “value players” in the country. Starbucks is now forecasting revenue to grow in the low single digits, a steep decline from its previous forecast of 7% to 10%.

Persons: ”, Laxman Narasimhan, ” Narasimhan, “ Headwinds, Narasimhan Organizations: New, New York CNN, Starbucks, East, Alshaya Locations: New York, United States, China, Gaza

☆ Adidas’ retro-inspired shoes are flying off shelves
▼ + stars: | 2024-04-30 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Adidas’ Samba and Gazelle sneakers might look like they’re from another decade, but they’re the hottest shoes on sale right now. Buoyed by the strength of those shoes, plus higher demand for its running, basketball and soccer shoes, Adidas registered a net profit of about $182 million through the first three months of 2024 — a sharp reversal from the same time period last year when it reported a $26 million loss. In particular, sales in Europe soared 14%, and Adidas also had strong demand for its products in China and Latin America. “The markets are still volatile and not easy, but we feel we are making progress everywhere,” said Adidas CEO Bjørn Gulden in a release. Last year, Adidas slumped to a rare annual loss, hit by the fallout from its costly break-up with rapper Ye, sluggish sales in North America and a huge tax bill.

Persons: Ye, ”, Bjørn Gulden, “ Organizations: New, New York CNN, Adidas, ’, Copa America, Rival Nike, German, soccer teams Locations: New York, German, Europe, China, Latin America, North America

☆ Starbucks is giving its plastic cups a makeover
▼ + stars: | 2024-04-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

The chain announced Thursday that the plastic cups for all sizes of its cold drinks have undergone an environmentally friendly redesign that uses up to 20% less plastic compared to the current version. The new cups were developed internally at Starbucks as part of its ongoing sustainability efforts to reduce its waste and carbon output in half by 2030. In addition to using less plastic for the cups themselves — Starbucks projects the new cups will save more than 13.5 million pounds of plastic going to landfills annually — it is “projected to reduce emissions and conserve water in the production process,” the chain said. Starbucks said it conducted tests with baristas and customers to ensure the changeover doesn’t reduce the cups’ sturdiness or ability to keep drinks cold. Priestland suggests that Starbucks develop reusable and returnable on-the-go cups to help them fully achieve their sustainability goals.

Persons: there’s, Connor Surdi, Emma Priestland, Priestland Organizations: New, New York CNN, Starbucks, CNN Locations: New York, Canada, Seattle, Japan, Singapore, United Kingdom

☆ Ford recalling more than 450,000 vehicles due to potential loss of drive power
▼ + stars: | 2024-04-17 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Ford is recalling more than 450,000 compact SUVs and pickup trucks in the United States because they might lose drive power resulting from a battery issue, the National Highway Traffic Safety Administration said in an alert. The models affected include Ford Bronco Sport SUVs made between 2021 to 2024 and the Ford Maverick pickups made between 2022 to 2023, specifically totaling 456,565 units. The NHTSA said that Ford discovered that an undetected low battery charge could result in a “loss of electrical accessories such as hazard lights, or cause a loss of drive power, increasing the risk of a crash.”“We are committed to ensuring the safety and satisfaction of our customers,” Ford said in a statement to CNN. Customers can also use Ford’s mobile service and pick-up and delivery for a fix. Notification letters will be mailed by May 13 and owners can contact Ford at 1-866-436-7332.

Persons: New York CNN — Ford, Ford, ” Ford Organizations: New, New York CNN, Traffic Safety Administration, Ford Bronco, Ford, NHTSA, CNN, “ Locations: New York, United States, Ford

☆ WSJ: Justice Department will sue Live Nation for antitrust violations
▼ + stars: | 2024-04-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. Shares of Live Nation (LYV) dropped nearly 7% in premarket trading Tuesday. Live Nation and the Justice Department didn’t respond to CNN’s request for comment about the Journal’s report. Live Nation and Ticketmaster merged in 2010, now billing itself as the “largest live entertainment company in the world.”

Persons: Department’s, Justice Department didn’t, Taylor Swift’s, Swift, Joe Berchtold, ”, Jack Groetzinger, SeatGeek Organizations: New, New York CNN, US Department of Justice, Wall Street Journal, Live Nation Entertainment, Ticketmaster, Justice Department, Live, Republicans, Rivals Locations: New York, United States

☆ Today is the final day to claim your slice of a $100 million Verizon settlement
▼ + stars: | 2024-04-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Monday is the last day for some Verizon customers to apply for a refund as part of a $100 million settlement from a class-action lawsuit. The payout is at least $15 and might be more depending on how long the customer used Verizon and the number of customers who file a claim. A claim must be filed to receive the payout and only customers with postpaid wireless accounts or data plans from January 1, 2016, to November 8, 2023, are eligible. So-called “junk fees” are not only derided by consumers but have also attracted the ire of the Biden administration. Last October, the Federal Trade Commission unveiled a proposed rule that would ban businesses from charging hidden or misleading fees and require companies to show full prices upfront.

Persons: wasn’t, Biden Organizations: New, New York CNN, Verizon, Federal Trade Commission Locations: New York, New Jersey

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