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☆ Starbucks CEO Brian Niccol to scale back the coffee chain’s deals and promos
▼ + stars: | 2024-10-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Expect to see fewer promotions at Starbucks. The company in September offered extra loyalty points on Tuesdays and deals on several drink purchases on Saturdays. In the past, Starbucks had mostly avoided coffee promotion but ramped them up earlier this year to lure back customers. Niccol wants to make Starbucks (SBUX) a coffee shop again, not just an online-driven business. “We’re committed to elevating the in-store experience — ensuring our spaces reflect the sights, smells and sounds that define Starbucks.”

Persons: Brian Niccol’s, Niccol, “, ”, “ We’re Organizations: New, New York CNN, Starbucks, Wall Street Journal, CNN, Bank of America Locations: New York

☆ Bath and Body Works apologizes for selling candles that looked like Ku Klux Klan hoods
▼ + stars: | 2024-10-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Bath and Body Works has stopped selling a candle that was emblazoned with a winter theme that many commenters online compared to a Ku Klux Klan hood. But many people on social media compared it to the hoods and robes worn by Klansmembers. The cancelled candle has appeared on eBay, however, with one person attempting to sell the candle for $350. Candles are a staple of Bath and Body Works’ collection, which has evolved beyond soaps and lotions. Every year, the retailer rolls out its collection of holiday-scented candles that amount to nearly 40% of its annual sales, according to an analyst.

Persons: ”, “, we’ve, Reddit Organizations: New, New York CNN —, Southern Poverty Law Center, Defamation League, CNN, eBay Locations: New York, United States, Bath

☆ Trump’s social media stock is making an epic comeback as election nears
▼ + stars: | 2024-10-14 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Former President Donald Trump’s social media company is on fire on Wall Street. Up until very recently, Trump Media & Technology Group had been in meltdown mode. Its share price dropped to a record low of $12.15 on September 23, marking a stunning 82% crash from its high. Trump Media did not announce a sudden revenue stream or a flashy new product that could explain the move. “At today’s stock price of about $25, the stock is overvalued by 1,000% or so,” Ritter said, “suggesting a 90% drop will eventually occur.”

Persons: Donald Trump’s, “, Trump, doesn’t, ”, Matthew Tuttle, Jay Ritter, ” Ritter, Harris, Michael Block, Elon Musk, Tuttle Organizations: New, New York CNN, Trump Media & Technology Group, Trump Media, Wall Street, Trump, Tuttle Capital Management, Social, University of Florida, Elon Locations: New York

☆ Why so many Florida gas stations are still out of gas
▼ + stars: | 2024-10-14 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —Hurricane Milton passed through Florida days ago, but the devastating storm is still causing chaos at gas stations. Hundreds of gas stations in Florida still don’t have gas, including roughly half of the stations in the hard-hit Tampa area. Meanwhile, the number of gas stations without gas has fallen sharply. This represents a significant improvement, although it still means that more than 1,300 Florida gas stations remain dry five days after Hurricane Milton made landfall. Florida gas stations are out of fuel following the storm that made landfall as a Category 3 hurricane in the Siesta Key area of Florida, causing damage and flooding throughout Central Florida.

Persons: Milton, ”, Patrick De Haan, De Haan, Hurricane Milton, Chris O'Meara, Andy Lipow, Lipow, “, Ron DeSantis, Joe Raedle, where, Tom Kloza, ‘, we’ve, ” Kloza Organizations: New, New York CNN, Tampa, Hurricane, Florida Highway Patrol, Fla . Gas, Gulf, FEMA, Port, Port Tampa Bay, Port Manatee, Lipow Oil Associates, Pasco Sheriff’s, Wawa, Fox, Florida Gov, Tampa Bay Times, Oil Price Information Service, “ Locations: New York, Florida, Tampa, Plant City, Fla, Port Tampa Bay, Gulf Coast, Port Tampa, Port, Tampa Bay, Pasco, Pasco County, St . Petersburg, Englewood , Florida . Florida, Central Florida

☆ What is open and closed on Indigenous Peoples’ Day 2024
▼ + stars: | 2024-10-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —On the second Monday of October, Americans will be celebrating Indigenous Peoples’ Day, also known as Columbus Day. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day in 2021 by signing a proclamation stating that federal policies “systematically sought to assimilate and displace Native people and eradicate Native cultures.”Some states officially celebrate Indigenous Peoples’ Day and others commemorate it through proclamations. More than 100 cities have replaced Columbus Day altogether with the holiday. Chase Bank and TD Bank will be open for Indigenous Peoples’ Day.

Persons: Christopher Columbus, Joe Biden, “ Organizations: New, New York CNN, Indigenous, Columbus Day . Indigenous, ’, Indigenous Peoples, Columbus, Banks, Federal Reserve, Nasdaq, New York Stock Exchange, Bank of America, Citibank, Chase Bank, TD Bank, Mail, United States Postal Service, UPS, FedEx, FedEx Express, Target, Walmart, Kroger Locations: New York, America, Wells Fargo

☆ Influencers rode out Hurricane Milton for the content. Why are we watching?
▼ + stars: | 2024-10-12 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

He then decided to stay put for Hurricane Milton, posting about his prep and decision to ride out the latest storm. But the trend was a reminder of how social media can make dangerous situations worse. TikTok also directed users who watched or searched for Hurricane Milton content to information from the US Federal Emergency Management Agency. But social media users (myself absolutely included) also incentivize this kind of creator behavior, by scrolling and watching. Many of the creators who shared content from the heart of the storm racked up thousands of likes and comments.

Persons: Milton, Instagram influencer, “, Why’s y’all, Hurricane Helene, Hurricane Milton, Hurricane Helene —, it’s, ”, Brooke Erin Duffy, ” Duffy, TikTok, Instagram, Duffy, Krysten Stein, ” Stein Organizations: New, New York CNN, Sarasota, Tampa, Hurricane, Cornell University ., Hurricane Milton, Federal Emergency Management Agency, CNN, University of Cincinnati Blue Ash College, “ Locations: New York, Florida, Sarasota, Tampa, Hurricane

☆ Sealed TikTok court documents show time limit tool effectively did nothing to reduce teen usage — NPR
▼ + stars: | 2024-10-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —A screen-time limit tool on TikTok doesn’t work in limiting teen usage, the company’s own analysis reportedly found, according to in unredacted documents accidentally revealed as part of a major lawsuit. One issue revolves around TikTok’s effects on teenagers scrolling on the app for several hours, which could be harmful to their mental health. Following public scrutiny about the app’s effects on vulnerable people, TikTok released time management tools for users under 18 years old. Friday’s report from NPR and KPR came after the Kentucky Attorney General’s office accidentally filed unredacted versions of its legal filing against TikTok. We provide robust safeguards, proactively remove suspected underage users, and have voluntarily launched safety features.”

Persons: ”, TikTok, “, KPR, Alex Haurek, “ We’re Organizations: New, New York CNN, Kentucky Public, NPR, CNN, TikTok, Kentucky Attorney Locations: New York

☆ Trump campaign connected with Elon Musk’s X before it blocked links to hacked materials
▼ + stars: | 2024-10-11 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

New York CNN —Former President Donald Trump’s campaign connected with Elon Musk’s X last month to discuss hacked Trump campaign materials circulating on the social media platform before X blocked links to the files and banned the independent journalist who published the materials, a person familiar with the matter told CNN. A person familiar with the matter told CNN on Friday that the Trump campaign had a conversation with X officials about the hacked materials before Klippenstein was banned and links to his newsletter were blocked. The person said the campaign did not push X officials to remove links to the materials and that X had made the decision. The New York Times first reported the Trump campaign’s correspondence with X officials in an article on Musk “going all in” to elect Trump. In July, Politico flagged that its reporters had received emails from an individual offering a similar trove of private documents from inside the Trump campaign.

Persons: Donald Trump’s, Elon Musk’s, Ken Klippenstein, Sen, JD Vance, Trump, Klippenstein, Klippenstein’s Instagram, Hunter Biden, Musk, reelect Trump, Tucker Carlson, Kamala, Harris, ” Organizations: New, New York CNN, Elon, CNN, Trump, New York Times, X, Politico, Times, Washington Post, New York, Hunter Biden . Company, Twitter, PAC Locations: New York, ”, New, Pennsylvania

☆ The Atlantic is expanding its print magazine as it surpasses 1 million subscribers
▼ + stars: | 2024-10-11 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

New York CNN —The Atlantic is doing something exceedingly unusual for a magazine in 2024: increasing the number of issues it prints. Most of those subscribers receive both the print and digital editions of the magazine, and Goldberg has been eager to expand its print frequency. “We want to meet our readers where they are, and our readers love the print magazine,” he said. “The greatness of print and especially a print magazine is that it sits still for you,” Goldberg said. “I’ve never believed that resting on our laurels was an option, for more than a long weekend,” Goldberg told The Atlantic’s staff in a memo.

Persons: Jeffrey Goldberg, Laurene Powell Jobs, Goldberg, ”, ” Goldberg, “ I’ve Organizations: New, New York CNN, CNN Locations: New York

☆ Florida’s home insurer of last resort is in serious trouble. Will Milton put it over the edge?
▼ + stars: | 2024-10-11 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +13 min

Flood waters inundated a neighborhood after Hurricane Milton came ashore on October 10 in Punta Gorda, Florida. Andrew West/The News-Press/USA Today Network/Imagn Images A vehicle drives though a flooded street after Hurricane Milton in Siesta Key on Thursday. Rebecca Blackwell/AP The roof of Tropicana Field, destroyed by Hurricane Milton, is seen in St. Petersburg on Thursday. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.

Persons: Hurricane Helene, Hurricane Milton, Ron DeSantis, Joe Raedle, Milton, Helene, ” Mark Friedlander, ”, ’, Hurricane Ian, Giorgio Viera, Rebecca Blackwell, Ricardo Arduengo, Liz Kelly, Matt, Andrew West, Chandan Khanna, Nadia Zomorodian, Julio Cortez, Austin, Sean Rayford, Marta Lavandier, Jefferee Woo, Cristobal Herrera, Bryan R, Smith, Chris Urso, Marco Bello, Brandon Marlow, Marie Cook, Bill Ingram, Reuters Stephen Lundgren, Doug Engle, Ron Rook, Paul Hennessy, Saul Martinez, Payton Wyse, Andrew Goncharsky, Christian Burke, Lee, Connor Ferran, Fort Myers, Nicolette Mariano, Kaila Jones, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Yamil Lage, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, Floridians ’, Denise Rappmund, Rappmund, Bobby Atwood, Atwood, won’t, isn’t Organizations: New, New York CNN, Property Insurance Corp, Citizens, Dade, “, Insurance Information Institute, CNN, DeSantis, Republican, CNBC, Hurricane, Getty, AP, USA, Daytona, Network, Reuters, Bradenton, Tropicana, Major League, Tampa Bay Rays, Celtic Ray Public, Tampa Bay Times, NOAA, Vanguard, School, Ocala, Orlando International Airport, Anadolu, Disney, Fort, Palm Beach Daily, Florida Army National Guard, Tampa General Hospital, NASA, International, Milton, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Moody’s Investors Service Locations: New York, Florida, Miami, Monroe, Hurricane, Punta Gorda , Florida, Central Florida, Lakewood Park , Florida, Siesta Key, North Fort Myers , Florida, Siesta, Volusia, South Daytona , Florida, Bradenton Beach, St . Petersburg, Punta Gorda, Odessa , Florida, Venice , Florida, Matlacha , Florida, Palmetto Beach, Tampa, Bradenton , Florida, Venice, St . Petersburg , Florida, Clearwater, AFP, Sarasota , Florida, Segundo, Davis, Fort Myers , Florida, Wellington , Florida, Palm, Ocala , Florida, County, Wellington, Orlando, Gulfport , Florida, Lee County, Fort Myers, Sebastian , Florida, Palm Beach , Florida, Palm Beach, Havana, Cuba, Celestún, Mexico, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Treasure, Fort Myers Beach, Progreso, New Port, Kissimmee , Florida, Milton

☆ Ozempic-fueled slimming is blowing up the wedding dress industry
▼ + stars: | 2024-10-11 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —Price distortions and dysfunction are nothing new in the $73 billion wedding industry. For better or worse, many brides are using the drugs ahead of their big day, lured in by the promise of rapid weight loss. The right fitThe ideal time to buy a wedding dress is eight to 10 months before the event, according to wedding planning site the Knot, and some planners recommend buying a full year in advance in case of shipping delays. “Usually, the dress was ordered somewhere in the middle of those 50 pounds.”It’s hard to overstate how such drastic weight loss can complicate a wedding dress’ fit. “Weight loss has always been a top of priority.

Persons: CNN Business ’, Tami Luhby, Susan Ruddie, Dresser, Spring, That’s, they’re, ”, Myrna Lundberg, “, Lundberg, ” Lundberg, “ It’s, — it’s, you’re Organizations: CNN Business, New York CNN, FDA, Drug Administration, Bureau of Labor Statistics, CNN Locations: New York, China, Suez, United States

☆ Fisher-Price recalling 2 million infant swings following five deaths
▼ + stars: | 2024-10-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Fisher-Price is recalling more than 2 million infant Snuga Swings due to a suffocation risk found after reports that five children died sleeping in the device. Fisher-Price is providing a $25 refund to owners who remove those parts, which is available to access on Mattel’s website. Despite that remedy, Richard Trumka Jr., a commissioner of the CPSC, blasted Fisher-Price for not recalling the whole product and said customers should be fully refunded. Fisher-Price has previously recalled other infant swings, including its problem-prone Rock ‘n Play Sleepers. That device was involved in two recalls, including last year when eight infant deaths occurred after its initial 2019 recall.

Persons: New York CNN — Fisher, Price, Snuga, Richard Trumka Jr, Fisher, “, ”, Mattel didn’t Organizations: New, New York CNN, US Consumer Product Safety, American Academy of Pediatrics, Retailers, Target, Walmart, Sam’s, People Locations: New York, United States, Canada, Mexico

☆ Urban Outfitters admits it doesn’t know how to sell to Gen Z. Now it wants to pull off an Abercrombie-like turnaround
▼ + stars: | 2024-10-11 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Urban Outfitters, the young adult retailer known for its alternative, vintage-inspired styles, learned this the hard way. Urban Outfitters is now staging a turnaround, with the ambition of finding the success of rivals like Abercrombie & Fitch. But while Urban Outfitters may be trying to pull off a turnaround at the same scale is Abercrombie’s, the action points of both differ. Urban Outfitters, meanwhile, has maintained its youthful appearance without doing enough to market toward the high schoolers and college students of today. Urban Outfitters did not return a request for comment on the marketing strategy behind the lower prices.

Persons: ” Shea Jensen, Jensen, —, ” Simeon Siegel, “, ” Siegel, Brandon Bell, Fitch, Jacqueline Babb, Abercrombie, ” Jensen, Urban, Z, Price Organizations: New, New York CNN, Gen, Urban Outfitters, Abercrombie, Fitch, Urban Outfitters Brand, Free People, BMO Capital Markets, Getty, Urban, Northwestern University, CNN, Netflix Locations: New York, millennials, North America, Barton, Austin , Texas, today’s

☆ 7-Eleven is closing more than 400 locations
▼ + stars: | 2024-10-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced. Seven & I Holdings, the chain’s Japan-based parent company, revealed in an earnings report Thursday that 444 locations of 7-Eleven are shutting down because of a variety of issues, including slowing sales, declining traffic, inflationary pressures and a decrease in cigarette purchases. A specific list of closing locations wasn’t immediately released. The chain has more than 13,000 stores across the United States, Canada and Mexico, so the number of closures amounts to 3% of its portfolio. Competitors like Wawa and Sheetz are earning higher customer satisfaction scores for their overall offerings, while 7-Eleven ranked way lower, according to a recent survey.

Persons: hasn’t, Neil Saunders, ” Saunders, it’s, Couche Organizations: New, New York CNN, Holdings, GlobalData, CNN, “ Locations: New York, North America, Japan, United States, Canada, Mexico, Wawa

☆ Boeing to lay off roughly 10% of its workforce
▼ + stars: | 2024-10-11 | by ( Vanessa Yurkevich | Chris Isidore | ) edition.cnn.com time to read: +6 min

Union members are still angry that Boeing demanded they give up their traditional pension plans 10 years ago, when the company was doing well financially. Even with all of its problems, Boeing is likely at no risk of disappearing. If airlines that are Boeing customers cancel their order, they would have to wait five years for a comparable jet from Airbus. Boeing will discontinue that plane once its current orders are completed and delivered to customers in 2027. That plane is built by some of the union members now on strike.

Persons: “, ”, Kelly Ortberg, ” Ortberg, Max, Ortberg, Poor’s Organizations: New, New York CNN, Boeing, Alaska Airlines, National Transportation Safety Board, Space Station, International Association of Machinists, IAM, Airbus Locations: New York, United States, underperformance, Washington State

☆ Judge scrutinizes Boeing plea deal and will decide case ‘soon’
▼ + stars: | 2024-10-11 | by ( Reuters | Chris Isidore | ) edition.cnn.com time to read: +6 min

Boeing agreed in July to plead guilty to conspiring to defraud regulators. Prosecutors arrived at the plea agreement after an extensive investigation and a series of meetings with the families, prosecutors said. He argued the judge should accept the plea agreement. The Justice Department argued that the penalties Boeing agreed to were the most serious available. During a three-year probationary period that followed, Boeing agreed to improve its quality issues and transparency with the government.

Persons: Max, Reed O’Connor, Judge O’Connor, Paul Cassell, ”, ’, Sean Tonolli, Department’s, Boeing “, ” Mark Filip, “ Organizations: New, New York CNN, Boeing, US Justice Department, Prosecutors, Justice Department, Alaska Airlines, Department, Federal Aviation Administration, FAA Locations: Fort Worth , Texas, New York, United States, Alaska

☆ Ikea revenue falls after it lowered prices
▼ + stars: | 2024-10-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Last year, Ikea slashed prices on roughly 2,000 products to give inflation-weary customers a break. Ikea, the world’s largest furniture retailer, said that it doesn’t have any regrets about prioritizing “lowering the prices” in a $2 billion discount initiative at all of its stores globally. Like its rivals, Ikea gradually hiked prices since the peak of Covid-19 in 2020 as the costs of materials and transport rose. The company’s major discount program last year cut prices on several of its most popular items, like its Billy bookcase. Ikea sold 1.2 billion meatballs for the year, with a company spokesperson telling CNN that it also sold more meals at its cafés.

Persons: Jesper Brodin, Billy bookcase Organizations: New, New York CNN, Ikea, Ikea’s, CNN Locations: New York, Swedish

☆ CNN offers to host live town halls with Trump and Harris
▼ + stars: | 2024-10-10 | by ( Brian Stelter | ) edition.cnn.com time to read: +2 min

New York CNN —With former President Donald Trump ruling out any more presidential debates between now and Election Day, CNN shifting course Thursday and invited both Trump and Vice President Kamala Harris to participate in town hall events with voters. “Trump may want to hide from the voters, but Vice President Harris welcomes the opportunity to share her vision for a New Way Forward for the country. The network said the town halls will take place before a live audience of persuadable and undecided voters from Pennsylvania. Harris quickly accepted the invite, but Trump repeatedly shrugged it off, despite the Harris campaign’s attempts to goad him into participating. The country’s leading Spanish-language network, Univision, is broadcasting its own town hall with Harris on Thursday night and with Trump on October 16.

Persons: Donald Trump, Kamala Harris, Harris, “ Trump, ” Harris, Jen O’Malley Dillon, persuadable, “, Trump’s, ”, Trump, CNN’s Kate Sullivan, Samantha Waldenberg Organizations: New, New York CNN, CNN, Trump, ” CNN, Fox News, Republican, ABC, Univision Locations: New York, Pennsylvania, United States, Atlanta

☆ Delta reports a profit despite service meltdown
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

That was partly offset from a $50 million fuel savings due to the grounded flights. Delta said it earned adjusted income of $971 million in the quarter, down 26% from a year earlier, on adjusted revenue of $14.6 billion in the quarter, essentially unchanged from a year ago, despite the hit to revenue from the service meltdown. But that was offset by a 3% increase in miles flown by passengers, as passengers soon returned to travel on Delta despite the service problems. And it reported a 9% drop in average fuel prices paid, the second largest cost at the airline behind labor costs. “I think you’re going to see it across consumer discretionary purchases as a whole,” “People want to find out what happens.

Persons: Hurricane Helene, ”, Bastian, ” Bastian Organizations: New, New York CNN — Delta Air Lines, CNBC Locations: New York, Hurricane, Delta

☆ Elon Musk unveils his ‘Cybercab’ robotaxi
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

The event featured models of the robotaxi as well as a Robovan, a driverless vehicle designed to carry a larger group of people or items. TeslaBut the delay seemed to matter little to the in-person crowd waiting for the chance to ride in the 50 self-driving vehicles that were cruising around the studio lot. Tesla has long offered what it calls Full Self-Driving or FSD, currently priced at $8,000, as an option on its cars. Musk has insisted that the company’s data shows that FSD is already safer than cars driven by humans. ‘Overly optimistic’This is certainly not the first time that Musk has laid out ambitious time frames for his plans for self-driving cars.

Persons: Elon Musk, Musk, Tesla, “, ”, FSD, ” “, Gene Munster, it’s, ” Munster Organizations: New, New York CNN, Warner Bros, Deepwater Asset Management, CNN Locations: New York, California, Texas

☆ TD Bank hit with record $3 billion fine over drug cartel money laundering, source says
▼ + stars: | 2024-10-10 | by ( Jordan Valinsky | Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —TD Bank will pay $3 billion to settle charges that it failed to properly monitor money laundering by drug cartels, regulators announced Thursday. TD also intends to pay $1.8 billion to the US Justice Department and plead guilty to resolve the US government’s investigation that the bank violated of the Bank Secrecy Act and allowed money laundering. The US Department of Justice said in a statement that TD Bank had “long-term, pervasive, and systemic deficiencies” in its procedures of monitoring transactions. TD Bank declined to comment on the fine, but the bank plans to hold a call with investors later on Thursday. TD Bank’s (TD) US-listed shares slumped 5% as investors brace for higher legal expenses and weaker growth.

Persons: FinCEN, TD Bank’s, ” John Aiken, “, Allen Stanford Organizations: New, New York CNN —, Bank, US Treasury Department’s, US Justice Department, US Department of Justice, Street Journal, TD Bank, Jefferies, ”, Justice, Treasury, CNN Locations: New York

☆ FCC chair denounces Trump’s calls for CBS to ‘lose its license’ over Harris’ ‘60 Minutes’ interview
▼ + stars: | 2024-10-10 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

New York CNN —Federal Communications Commission chairwoman Jessica Rosenworcel denounced former President Donald Trump’s “threats against free speech” Thursday after he attacked CBS and called for the network to “lose its license” over a recent “60 Minutes” interview with Vice President Kamala Harris. In recent days, the former president has lambasted the Harris interview, accusing CBS News of editing the sit-down with correspondent Bill Whitaker. “As I’ve said before, the First Amendment is a cornerstone of our democracy.”Trump’s attacks on CBS comes after he backed out of his own “60 Minutes” interview last week and has repeatedly fended off invitations from television networks, including CNN and Fox News, for additional debates, instead opting for sit-downs with right-wing media outlets. Following ABC’s Trump-Harris debate in September, Trump dialed into “Fox & Friends,” where he called for the Disney-owned network to have its license “take[n] away.”Rosenworcel’s statement is the second time this week she has spoken out in support of broadcasters. On Tuesday, the FCC chairwoman issued a statement calling threats from Florida’s Health Department to prosecute local TV stations over an abortion rights ad “dangerous,” and emphasizing that pressure from the state government “undermines the fundamental principle of free speech.”

Persons: Jessica Rosenworcel, Donald Trump’s, Kamala Harris, Harris, Bill Whitaker, Trump, “, Harris ’, ” Trump, Rosenworcel, ” Rosenworcel, I’ve, ”, ABC’s Trump Organizations: New, New York CNN — Federal Communications, CBS, News Organization of CBS, “ CBS, CNN, Fox News, “ Fox & Friends, Disney, FCC, Florida’s Health Department Locations: New York

☆ The Nobel committee just entered the AI chat
▼ + stars: | 2024-10-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

When asked by a reporter whether the committee took the AI connection into consideration when judging the nominees, one member on the chemistry committee basically brushed off the question and insisted the decisions were made purely on the science. The Nobel committee letting politics or PR weigh on their decisions? At first glance, it could seem like the Nobel committee has been gulping down Big Tech’s AI Kool-Aid. While gesturing to generative AI, Wong noticed that no one mentioned ChatGPT or Gemini or any other consumer-facing AI tools that companies are peddling. Similarly, in announcing the chemistry prize on Wednesday, committee members talked a lot about amino acid sequences and structural biochemistry.

Persons: CNN Business ’, —, John Hopfield, Geoffrey Hinton, — Demis Hassabis, John M, David Baker, CNN’s Jake Tapper, Hassabis, Matteo Wong, Wong, ” Wong Organizations: CNN Business, New York CNN, Princeton, Google, New York Locations: New York, US, Stockholm

☆ Univision will not live fact check candidates during Harris, Trump town halls
▼ + stars: | 2024-10-10 | by ( Hadas Gold | ) edition.cnn.com time to read: +3 min

New York CNN —Univision will not fact check Vice President Kamala Harris or former President Donald Trump on stage during their respective town halls, the Spanish language network confirmed to CNN. A TelevisaUnivision spokesperson told CNN the fact checking decision was not a condition for any candidate’s participation. Fact checking has become a major sticking point during the 2024 election, with both Trump and his running-mate Sen. J.D. Acevedo’s interview with Trump in November stunned many inside and outside the network for its softer approach and lack of fact checks. “These town halls are offering Latino voters an unprecedented opportunity to talk to the candidates.

Persons: Kamala Harris, Donald Trump, Enrique Acevedo, ” Acevedo, ”, Acevedo, Sen, J.D, Vance, Jorge Ramos, Trump, Ramos, Harris Organizations: New, New York CNN, Univision, CNN, Trump, ”, Washington, Republican, Televisa Locations: New York, Spanish, Mexico, Mexican, las

☆ A lot is riding on Musk and Tesla’s ‘robotaxi’ event
▼ + stars: | 2024-10-10 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk and Tesla have pledged a game-changing moment in the company’s history Thursday night. For the last decade, the electric vehicle maker’s CEO has vowed that true self-driving cars from Tesla were right around the corner. And even if the technology is as advanced as Musk likes to claim, getting regulatory approval to operate could be difficult. Tesla and Musk have made promises many, many times before about autonomous vehicle capabilities and when true self-driving would be available. “Either you walk away from the event as a jaw dropping moment, or you walk away with a shrug of shoulders event.”

Persons: New York CNN — Elon, Tesla, ”, Dan Ives, Waymo, they’ve, GM’s, Musk, “, FSD, “ You’d, Gordon Johnson, it’s, Gene Munster, ” Munster, “ They’ve, Ives Organizations: New, New York CNN, Warner Bros, Wedbush Securities, Apple, Motors ’, state’s Department of Motor Vehicles, Deepwater Asset Management, Munster Locations: New York, California

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