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Poppi just sold for $1.6 billion

By Jordan Valinsky and Ramishah Maruf, CNN New York (CNN) — PepsiCo is buying Poppi, the popular prebiotic soda brand, in a $1.65 billion deal. The move marks PepsiCo’s further shift into the “better for you” category as consumers shy away from sugar-filled drinks and unhealthy snacks. In January, the company bought Siete Foods, which

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Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

By David Goldman, CNN (CNN) — President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that could grow even worse if tensions escalate, the Organisation for Economic Co-operation and Development said Monday. The quarterly

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Hundreds gather outside Tesla showrooms in backlash to Elon Musk’s role with DOGE

By Auzinea Bacon, CNN Washington, DC (CNN) — Hundreds of demonstrators gathered nationwide outside Tesla showrooms Saturday amid heightened criticism against CEO Elon Musk’s federal cost-cutting role in the so-called Department of Government Efficiency and after Attorney General Pam Bondi vowed to crack down on vandalism against Tesla. The demonstrations are part of the “Tesla

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Hundreds gather outside Tesla showrooms in backlash to Elon Musk’s role with DOGE

CNN By Auzinea Bacon, CNN Washington, DC (CNN) — Hundreds of demonstrators gathered nationwide outside Tesla showrooms Saturday amid heightened criticism against CEO Elon Musk’s federal cost-cutting role in the so-called Department of Government Efficiency and after Attorney General Pam Bondi vowed to crack down on vandalism against Tesla. The demonstrations are part of the

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Newsmax agreed to pay $40 million to settle Smartmatic’s 2020 election defamation lawsuit

By Marshall Cohen, CNN Washington (CNN) — The pro-Trump cable channel Newsmax agreed to pay $40 million in a confidential settlement last year to end a 2020 election-related defamation lawsuit brought by voting technology company Smartmatic, according to regulatory filings recently made public. Newsmax and Smartmatic settled the case in September, on the eve of

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Fear and resignation after ‘world’s most powerful company’ pays Trump a $100 billion ‘protection fee’

By John Liu and Wayne Chang, CNN Hong Kong/Taipei (CNN) — It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan Semiconductor Manufacturing Company (TSMC). But nearly 8,000 miles away, the mood was far

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Dollar General warns low-income Americans’ finances are getting worse

By Nathaniel Meyersohn, CNN New York (CNN) — Low-income Americans’ financial condition has gotten worse over the last year and more shoppers are going without basic necessities. That’s the worrying message coming from Dollar General, which sells inexpensive items and is thus considered a bellwether for low and middle-income shoppers’ health. Dollar General’s “core customers”

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Top Trump official’s crypto ties raise red flags as the administration touts digital assets

By Allison Morrow, CNN New York (CNN) — At a White House summit last week, Commerce Secretary Howard Lutnick spoke passionately about the Trump administration’s plans to embrace cryptocurrencies, a largely unregulated industry that has historically operated on the fringes of finance. “Technology is at the foundation of the Trump presidency,” Lutnick said, addressing two

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Ex-Meta executive: ‘People deserve to know what this company is really like’

By Clare Duffy, CNN New York (CNN) — Meta is once again facing allegations from a former employee that a growth-at-all-costs culture has caused offline harm. A new book called “Careless People,” published Tuesday by former executive-turned-whistleblower Sarah Wynn-Williams, provides a detailed account of her six years at the company, offering an insider’s perspective into

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Trump reverses new tariffs threat on Canada after Ontario rescinds electricity charges

By David Goldman and Elisabeth Buchwald, CNN (CNN) — President Donald Trump backed down from an extraordinary trade war escalation Tuesday that had threatened a massive surge in tariffs on Canadian steel and aluminum and new tariffs on Canadian electricity. In turn, Ontario paused surcharges on electricity to US customers. After the back-and-forth tariff threats

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Small business uncertainty about the economy spikes to the second-highest level since 1973

By Bryan Mena, CNN Washington (CNN) — The Trump administration’s dizzying back-and-forth on tariffs is paralyzing America’s small businesses as they grow worried about the US economy’s future. The National Federation of Independent Business’ Uncertainty Index climbed in February to its second-highest reading on record, going back to 1973, according to the group’s latest survey

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The Washington Post is reinventing its newsroom as it struggles to retain subscribers

By Liam Reilly, CNN (CNN) — The Washington Post announced a major “reinvention” of its newsroom Monday, as the ailing Jeff Bezos-owned publication looks to grow its dwindling subscription numbers. Less than one week after its billionaire owner introduced a “significant shift” to the paper’s opinion section, Matt Murray, the Post’s executive editor, announced a

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China’s deflation problems get worse

By John Liu, CNN Hong Kong (CNN) — Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy. The Consumer Price Index (CPI), a benchmark for measuring inflation, fell by 0.7% in February from the previous year, China’s National Bureau of

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Who is Mark Carney, the crisis-handling former central bank governor turned Canada’s next leader?

By Jessie Yeung, CNN (CNN) — Canada’s next leader is a relative political newcomer, coming instead from a decades-long career in finance where he steered governments through major global crises and periods of upheaval — experience he’s hoping to now leverage as he prepares to take over from Prime Minister Justin Trudeau. It’s an unorthodox

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‘Just enough to get through’: Brewery selling crate of 1,461 beers to help Canadians survive the next 4 years

By Jordan Valinsky, CNN New York (CNN) — Canada’s neighbors to the south are levying tariffs, threatening annexation and igniting plenty of other chaos. So Canada’s oldest brewery figures that for its people to survive the next four years, they just might require a daily beer. Moosehead Breweries, founded in 1867, released on Friday a

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Jack Daniel’s parent company says Canada pulling booze off shelves is even worse than tariffs

CTV NETWORK, WZTV, BROWN-FORMAN, CNN By Jordan Valinsky, CNN New York (CNN) — After Canada pulled American-made spirits off its shelves following President Donald Trump’s implementation of tariffs on Canadian imports, the CEO of Brown-Forman, which makes Jack Daniel’s whiskey and other liquors, blasted the move as “disproportionate.” “That’s worse than a tariff because it’s

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Jack Daniel’s parent company says Canada pulling booze off shelves is even worse than tariffs

By Jordan Valinsky, CNN New York (CNN) — After Canada pulled American-made spirits off its shelves following President Donald Trump’s implementation of tariffs on Canadian imports, the CEO of Brown-Forman, which makes Jack Daniel’s whiskey and other liquors, blasted the move as “disproportionate.” “That’s worse than a tariff because it’s literally taking your sales away,”

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