Money and Business Archives

‘Substantial doubt’ Trump’s Truth Social will survive, accountants warn

November 14, 2023 11:30 am CNN Newsource

By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media venture Truth Social is burning cash and piling up losses so… Continue Reading

Surviving while larger restaurants close, a 32 year vendor continues to feed UC Santa Barbara students

November 14, 2023 11:18 am John Palminteri

A small food vendor at UC Santa Barbara has survived the economic challenges for 32 years when other businesses have failed. Die Bretzel is run by an… Continue Reading

Stellantis offers buyouts to half of its salaried US staff

November 14, 2023 11:04 am CNN Newsource

By Chris Isidore, CNN New York (CNN) — Stellantis is offering buyouts to half of its salaried US staff in a cost cutting move.The European… Continue Reading

Crocs unveils McDonald’s-inspired footwear line collaboration

November 14, 2023 10:27 am CNN Newsource

By Sergio Padilla, CNN New York (CNN) — If you love wearing crocs while eating a Big Mac, today is your lucky day.McDonald’s confirmed… Continue Reading

Germany puts up $8 billion to rescue huge green energy company

November 14, 2023 10:11 am CNN Newsource

By Anna Cooban, CNN London (CNN) — The German government is putting €7.5 billion ($8 billion) of taxpayer cash on the table to secure the… Continue Reading

Daisy restaurant told to remove outside seating to meet city plan for restriping State Street

November 13, 2023 10:51 am John Palminteri

The owners of the Daisy restaurant in Santa Barbara have been notified by the city to remove the outside seating for a new traffic pattern. Striping… Continue Reading

The UAW’s deal to end the GM strike could be in trouble

November 14, 2023 8:55 am CNN Newsource

By Chris Isidore, CNN New York (CNN) — A growing number of rank-and-file autoworkers are voting against the deals with Ford and General… Continue Reading

Restaurant prices are way up. You might want to head to the supermarket

November 14, 2023 8:13 am CNN Newsource

By Danielle Wiener-Bronner, CNN New York (CNN) — If you’re watching your budget, it might be time to skip the drive-thru and head to the… Continue Reading

Dow soars nearly 500 points as new data shows inflation continues to cool

November 14, 2023 7:59 am CNN Newsource

By Krystal Hur, CNN New York (CNN) — Stocks climbed on Tuesday as Wall Street cheered the inflation cooldown in the latest economic data for… Continue Reading

Insider changes back to its former name as Henry Blodget leaves CEO role

November 14, 2023 7:37 am CNN Newsource

By Jordan Valinsky, CNN New York (CNN) — Henry Blodget is stepping down as chief executive of Insider, a business news-focused website he… Continue Reading

Venmo’s newest feature helps users track, manage and settle group expenses

November 14, 2023 6:00 am CNN Newsource

By Jennifer Korn, CNN (CNN) — Venmo wants to eliminate the financial mental math of splitting roommate bills, lunch checks and road trip… Continue Reading

This iconic jingle is making a comeback, and you won’t be able to get it out of your head

November 14, 2023 6:00 am CNN Newsource

By Jordan Valinsky, CNN New York (CNN) — One of the most recognizable jingles in history is making a return.Chili’s is bringing back its “I… Continue Reading

Consumer price inflation fell to 3.2% last month, in welcome news for US households and the Fed

November 14, 2023 5:40 am CNN Newsource

By Alicia Wallace, CNN Minneapolis (CNN) — First, the bad news: Prices continue to rise. Now, the good news: They’re doing so at a rate not… Continue Reading

Home Depot’s earnings and sales fall again, but it beats Wall Street’s forecasts

November 14, 2023 3:45 am CNN Newsource

By Chris Isidore, CNN New York (CNN) — Home Depot reported slower earnings on weaker sales, although it still was able to beat Wall Street… Continue Reading

YouTube to roll out labels for ‘realistic’ AI-generated content

November 14, 2023 3:00 am CNN Newsource

By Clare Duffy, CNN New York (CNN) — YouTube will soon require disclosures on videos that contain content generated by artificial… Continue Reading

Nepal bans TikTok because of ‘disruption’ to social harmony

November 14, 2023 2:52 am CNN Newsource

By Sugam Pokharel and Akanksha Sharma, CNN London/Hong Kong (CNN) — Nepal has decided to ban TikTok because the popular short video app was… Continue Reading

“Zoo Lights” Illuminates Santa Barbara Zoo for Second Year

November 14, 2023 12:08 am Mina Wahab

With roughly 50,000 led bulbs, “Zoo Lights” allows visitors to experience the Santa Barbara Zoo in a completely different… Continue Reading

Drivers of boxy SUVs and pickup trucks are more likely to kill pedestrians, study finds

November 13, 2023 9:01 pm CNN Newsource

By Peter Valdes-Dapena, CNN (CNN) — Big trucks and SUVs, especially those with flat front ends, aren’t just more intimidating to look at,… Continue Reading

Toys R Us is opening in America’s biggest mall as part of its comeback

November 13, 2023 2:39 pm CNN Newsource

By Parija Kavilanz, CNN New York (CNN) — Just a few years ago, Toys R Us was on its way to the retail graveyard after going out of business.… Continue Reading

Edgar Bronfman, Jr., slams UPenn leaders for ‘morally bankrupt’ response to Hamas terror attack on Israel

November 13, 2023 1:10 pm CNN Newsource

By Matt Egan, CNN New York (CNN) — Private equity executive Edgar Bronfman, Jr., whose family includes well-known supporters of Israel, is… Continue Reading