(CNN) — As he was growing up, Jeremy Givens says the narrative he heard around Black fathers was different than the one he lived.In movies, television and generalized conversation, they were portrayed as absent, not engaged and overall, not very…
(CNN) — More than a hundred million people in the US are under air quality alerts as smoke from nearly 3,500 fires in Canada and northern Minnesota sweeps through the upper Midwest and along the East Coast.The smoke can cause…
Adidas shareholders filed a class-action lawsuit against the brand, accusing it of failing to warn investors about the antisemitism and "extreme behavior" exhibited by the rapper formerly known as Kanye West, before their partnership ended last year.In the lawsuit, filed…
The founder and CEO of Chobani, a company that quickly captured more than 20% of the US yogurt market, has a clear mission: He wants to prove that capitalism and humanitarianism feed off of each other.Hamdi Ulukaya, a Turkish-born entrepreneur,…
The clock is ticking toward a costly strike that could shut down production on most television shows, pushing back the return of many programs now set for the fall.Last month, members of the Writers Guild of America voted 98% in…
From the Great Wall to Shanghai's waterfront Bund, China's most famous destinations are being mobbed during the Labor Day holiday by throngs of domestic tourists who are traveling again in huge numbers after the country ended three years of strict…
JPMorgan Chase is buying most assets of First Republic Bank after the nation's second-largest bank failure ever, in a deal announced early Monday that protects the deposits of First Republic's customers.JPMorgan Chase said it had acquired "the substantial majority of…
The United States Chamber of Commerce has warned that rising scrutiny of American firms in China "dramatically increases" the uncertainties and risks of doing business in the country.The influential business lobby said Friday it was closely monitoring "heightened official scrutiny"…
For years, Bud Light leaned on jokey ad campaigns and its designation as a light beer to push sales. But recently, interest in beer has faltered, and beer brands have had to rethink their offerings and marketing strategies to reach…
As the jobless rate among China's youth soars, the country's richest province has offered a highly controversial solution: Send 300,000 unemployed young people to the countryside for two to three years to find work.Guangdong, the manufacturing powerhouse that abuts Hong…
Huge disruptions will rock the global job market over the next five years as the economy weakens and companies boost adoption of technologies such as artificial intelligence.That finding comes from the World Economic Forum, which on Sunday published a report…
Uber has released its annual list of items forgotten by passengers in cars and it includes some truly bizarre items -- including an ankle monitor, fingernails and even a slushy machine.The ride-share company published its 2023 Uber Lost & Found…
After a jam-packed week of earnings, bank drama and mixed inflation data, Wall Street doesn't have time for a breather just yet.A slate of economic events and data are on deck for next week. In the spotlight are the Federal…
Lyft's new CEO David Risher announced another change for the ride-share company: Workers will soon have to return to the office.On Friday, Risher announced "the first steps in a plan for a flexible model with more regular in-office work," a…
Federal regulators are holding an auction for ailing regional bank First Republic, a person familiar with the matter tells CNN.Final bids are due for First Republic Bank at 4 p.m. ET on Sunday, the source said.The Federal Deposit Insurance Corporation,…
It's what every bride has nightmares about: A wedding dress disappeared, stained, or — in New Hampshire resident Jesse Moltenbrey's case — held "hostage."A billing dispute between now-bankrupt Bed Bath & Beyond and Houston-based Memories Gown Preservation led the preservation…
In the 1980s, a new type of specialty retail chain started to emerge: "category killers."The stores' powerhouse business model was aimed at giving shoppers access to every different size, style and color of a product imaginable -- all in one…
Jenny Craig is reportedly shutting down some of its weight-loss centers and warning employees of mass layoffs amid upheaval in the industry from popular new prescription drugs like Ozempic.Jenny Craig alerted employees to potential layoffs as it begins "winding down…
First Republic Bank's fate is looking grim.The bank's stock has plummeted about 75% this week, after a disappointing first-quarter earnings report Monday revived Wall Street's fears about a banking crisis and catalyzed an exodus out of First Republic stock. While…
The collapse of Signature Bank was due to "poor management," according to a report from the Federal Deposit Insurance Corporation released Friday.Bank management "did not always heed FDIC examiner concerns, and was not always responsive or timely in addressing FDIC…
So you want to improve your college's financial aid package? Fine. Just don't have your mom call the college to do the negotiating.For most high school seniors, "decision day" is May 1, the deadline for students to alert a college…
Inflation may be continuing to cool but there's also a chill running through the American consumer, the latest report from the Commerce Department shows.The Federal Reserve's preferred inflation gauge eased further in March, a sign that the central bank's massive…
If my bank fails, how much of my savings will I get back?It's a scenario no one likes to think about. But in the past 15 years, it has unfolded with particular drama on several occasions — during the 2008…
In a hotly anticipated banking report released Friday morning, the Federal Reserve said it failed to take sufficient action to prevent the collapse of Silicon Valley Bank, while detailing serious management oversights by the lender's executives.The Fed, which is SVB's…
