Disney trims streaming losses
Disney reported a drop in adjusted quarterly profits, even as it trimmed losses on its streaming business and reported stronger profits from its theme parks.
2023-05-11 04:20
What to know about the charges against George Santos and what happens next
Rep. George Santos has been charged in a federal criminal probe that -- from a legal standpoint -- won't affect his status as a member of Congress but will ensnare him in a potentially yearslong court process that could result in a sentence of several years in prison.
2023-05-11 04:16
Writers strike: Studios want writers to trust them on streaming. Here's why they don't
When Indiana Jones tells Marion Ravenwood "Trust me" in "Raiders of the Lost Ark," she tries to punch him in the face (again). Writers striking against the major studios have a pretty good idea how she felt. Because when studios say, "Trust us," Hollywood's talent has a long history that explains why they don't.
2023-05-11 03:29
Audits of Chinese companies by KPMG and PwC full of holes, US watchdog finds
US inspectors, after receiving access to auditors' books for the first time, discovered significant shortcomings in audits of companies based in China and Hong Kong that are listed on US stock exchanges.
2023-05-11 01:59
Here's what's getting cheaper at the grocery store
Grocery prices continued to fall last month, even as restaurant meals got more expensive, according to data released Wednesday by the Bureau of Labor Statistics.
2023-05-11 00:24
Can you afford to age in place?
Most older adults ages 50 to 80 say it’s important to stay in their homes for as long as they can, according to the 2022 National Poll on Healthy Aging from the University of Michigan
2023-05-10 23:59
George Santos in federal custody as Justice Department unseals 13-count indictment
The Justice Department on Wednesday unsealed 13 federal charges against Rep. George Santos -- including fraud related to Covid benefits and using campaign funds for luxury clothing
2023-05-10 23:27
Ford reveals the new Ranger for the US, where competition is huge among smaller trucks
In America, "Ford truck" usually means the F-series, the best-selling truck here for decades. But in many parts of the world, it probably means the Ford Ranger.
2023-05-10 23:19
Denmark has a debt ceiling, too. It's never been a problem
The United States isn't the only country that puts a limit on how much money its government is allowed to borrow. But it is the only nation regularly pushed to the brink of a political and economic crisis as a result.
2023-05-10 22:19
Starbucks adds $1 surcharge for some Refreshers orders
Fans of Starbucks' Refresher drinks will have to pay more if they don't add water.
2023-05-10 21:23
Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:18
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:56