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CNN, KCAL, KCBS, KABC, KMAX, KOVR, KRCR, CITY OF LOS ANGELES BUREAU OF STREET SERVICES, LA FIRE DEPT, X, @DR_PHILLIPB, SAUL GONZALEZ, CNN, CNN, KCAL/KCBS, KABC, KMAX, KOVR, KRCR, City of Los Angeles Bureau of Street Services, LA Fire Dept, X/@Dr_PhillipB, Saul Gonzalez By Anna Bahney, CNN Washington, DC (CNN) — The storms pummeling California

By David Wright, Yahya Abou-Ghazala and Brian Fung, CNN (CNN) — A robocall that used an AI voice resembling President Joe Biden’s to advise New Hampshire voters against voting in the state’s presidential primary has been linked to a pair of Texas-based telecommunications companies, the state’s attorney general announced on Tuesday. New Hampshire Attorney General John

By Nathaniel Meyersohn, CNN New York (CNN) — Violent crime and other felonies fell in 2023 in America’s biggest cities. They increased in Oakland. Robberies grew 38% last year in Oakland, according to police data. Burglaries increased 23%. Motor vehicle theft jumped 44%. Roughly one of every 30 Oakland residents had a car stolen last year, according to a

KGO, CNN By Nathaniel Meyersohn, CNN New York (CNN) — Violent crime and other felonies fell in 2023 in America’s biggest cities. They increased in Oakland. Robberies grew 38% last year in Oakland, according to police data. Burglaries increased 23%. Motor vehicle theft jumped 44%. Roughly one of every 30 Oakland residents had a car stolen last year, according

By Pete Muntean, Gregory Wallace and Chris Isidore, CNN (CNN) — Investigators from the National Transportation Safety Board on Tuesday said evidence shows four bolts that hold the door plug in place on the Boeing 737 Max 9 were missing at the time of last month’s blowout on Alaska Airlines flight 1282. The new finding from

By Matt Egan, CNN New York (CNN) — Treasury Secretary Janet Yellen detailed on Tuesday the scramble by US officials last March to prevent the implosion of Silicon Valley Bank from infecting the broader economy. “I will never forget it,” Yellen told lawmakers during a hearing before the House Financial Services Committee, referring to the

CNN By Alicia Wallace, CNN New York (CNN) — Americans — particularly Millennials and those with lower incomes — are becoming increasingly overextended financially: Credit card and auto loan delinquencies have not only surpassed pre-pandemic levels, they’re the highest they’ve been in more than a decade. During the fourth quarter, US household debt hit a

By Catherine Thorbecke, CNN (CNN) — Attorneys for Taylor Swift are threatening legal action against the Florida college student who tracks the private jets of celebrities and public figures, including Swift. Jack Sweeney confirmed to CNN on Tuesday that he received a cease-and-desist letter threatening legal action from attorneys for Swift about the social media

By Chris Isidore, CNN New York (CNN) — Basketball players at Dartmouth will get a chance to vote on whether to join a union, a potential breakthrough in efforts to unionize the lucrative business of college sports. The decision to hold the vote was announced late Monday by the National Labor Relations Board, which oversees

By Chris Isidore, CNN New York (CNN) — Spirit AeroSystems, the troubled Boeing supplier which builds fuselages and other parts for the company, reported its first adjusted quarterly profit since the start of 2022, helped by increased payments from Boeing. But the continued quality and safety problems at Boeing, and at Spirit AeroSystems, caused the

By Clare Duffy, CNN New York (CNN) — Meta says it’s working to identify and label AI-generated images shared on its platforms that were created by third-party tools, as the company prepares for the 2024 election season amid a proliferation of artificial intelligence tools that threaten to muddy the information ecosystem. In the coming months,

By Oliver Darcy, CNN New York (CNN) — Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. President Joe Biden will be sitting on the sidelines this Sunday as the campaign for the 2024 election heats up. The White

By Andy Rose and Sara Smart, CNN (CNN) — A children’s hospital in Chicago is still trying to restore its computer systems nearly a week after a cybersecurity incident prompted it to shut down its network. Lurie Children’s Hospital says the outage has affected email, phones and some other electronic systems. The hospital remains operational,

By Laura He, CNN Hong Kong (CNN) — Chinese stocks staged their biggest rally in years Tuesday, after the country’s sovereign wealth fund said it would step up buying shares as officials scramble to draw a line under a three-year market rout. The Shanghai Composite, mainland China’s benchmark index for large state-owned companies and blue-chip stocks,

By Gawon Bae, CNN Seoul (CNN) — A South Korean company is ready to pay millions of dollars to help fix the country’s abysmally low birth rate. Booyoung Group, a construction firm based in Seoul, plans to pay employees 100 million Korean won ($75,000) each time they have a baby, it said in a press release

By Hanna Ziady, CNN London (CNN) — UBS has deepened a cost cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to boost earnings to make sure the mammoth deal pays off. The Swiss lender said Tuesday that it was now targeting $13 billion in

By Juliana Liu and Chie Kobayashi, CNN Hong Kong/Tokyo (CNN) — One of Japan’s biggest trading firms, Itochu, has decided to end its partnership with a major Israeli defense company due to the war in Gaza. The sprawling conglomerate, best known outside Japan for its Family Mart chain of convenience stores, said its aviation unit

By Laura He, CNN Hong Kong (CNN) — A Chinese court has handed a suspended death sentence to Tian Huiyu, an ex-president of China Merchants Bank and previously the right-hand man of the country’s former economic tsar, on charges including bribery and insider trading. The sentence comes as Chinese leader Xi Jinping steps up his

By Brian Fung, CNN Washington (CNN) — A blockbuster lawsuit by the US government against Google’s ad business will go to trial in September, according to a federal judge. The trial is scheduled to begin on Sept. 9, District Judge Leonie Brinkema said in court documents filed Monday in the US District Court for the

By Matt Egan, CNN New York (CNN) — A team of five US Treasury Department officials is traveling to Beijing this week for a series of meetings on the economy with their counterparts in China, a Treasury official told CNN on Monday. The trip by senior officials comes ahead of a planned return to China

By Chris Isidore, CNN New York (CNN) — Many victims of the massive storms now battering Southern California about are to be hit with another heartbreak – discovering their insurance won’t cover the damage. The typical homeowners’ policy won’t cover loss from flood damage. That is covered by the National Flood Insurance Program, a part of the

By Krystal Hur, CNN New York (CNN) — US stocks fell Monday after Federal Reserve Chair Jerome Powell said Sunday the central bank is not ready to cut interest rates yet. “We want to see more evidence that inflation is moving sustainably down to 2%. Our confidence is rising. We just want some more confidence

By Brian Fung, CNN Washington (CNN) — A video on Facebook manipulated to suggest that President Joe Biden behaves inappropriately toward women can remain on the platform, but only because of a problematic loophole in Meta’s “incoherent” policies, the company’s Oversight Board said Monday. The loophole threatens elections worldwide and should be closed as soon

By Oliver Darcy, CNN New York (CNN) — CNN announced Monday that it will overhaul its entire slate of morning programming, charting a new course under new chief executive Mark Thompson as the cable news network works to improve its lackluster ratings. The network said that it will revamp its flagship morning offering, “CNN This

By Catherine Thorbecke, CNN (CNN) — Snap Inc, the parent company of Snapchat, said Monday that it is laying off 10% of its staff, becoming the latest tech company to conduct a fresh round of job cuts since the start of the year. Snap disclosed the latest layoffs in a regulatory filing on Monday, saying

CNN By Vanessa Yurkevich, CNN New York (CNN) — It started as a joke. At the end of 2023, when social media users were posting their “Ins and outs” for 2024, comedian and writer Lukas Battle did the same, bringing the term “loud budgeting” to the world. “Loud budgeting is a new concept I am announcing for 2024, it’s

By Jordan Valinsky, CNN New York (CNN) — McDonald’s said growing tensions in the Middle East have hurt its business. The burger chain, reporting growing overall sales and earnings for fourth quarter, noted that the overseas tensions were weighing on the region’s sales, and the company is monitoring the evolving situation. The Middle East doesn’t

By Matt Egan, CNN New York (CNN) — Outsiders vying to reform Harvard University – and backed by billionaires Bill Ackman and Mark Zuckerberg – have failed in their quest to join the school’s Board of Overseers. Despite the high-profile backing from Ackman and Zuckerberg, the write-in candidates did not gather enough signatures to make it

By Vanessa Yurkevich, CNN New York (CNN) — It started as a joke. At the end of 2023, when social media users were posting their “Ins and outs” for 2024, comedian and writer Lukas Battle did the same, bringing the term “loud budgeting” to the world. “Loud budgeting is a new concept I am announcing for 2024, it’s the

By Hanna Ziady, CNN London (CNN) — Tim Clark, the president of Emirates, has joined a chorus of airline executives in warning that Boeing is running out of time to restore its reputation following a series of safety and manufacturing blunders. In an interview with the Financial Times published Sunday, Clark said he had seen

By Yoonjung Seo, CNN Seoul (CNN) — The billionaire boss of Samsung Electronics, one of the world’s biggest technology firms, will not serve more jail time. Lee Jae-yong was found not guilty by a Seoul court on Monday on charges of stock manipulation and accounting fraud connected to a controversial merger in 2015 of two

By Laura He, CNN Hong Kong (CNN) — Tens of thousands of people in China are flocking to an unusual venue to vent their outrage about the continuing meltdown in the country’s stock market. They’ve been posting comments on a Chinese-language social media account of the US Embassy in Beijing expressing anger and frustration with

By Chris Isidore, Gregory Wallace and Pete Muntean, CNN New York (CNN) — A new problem has been found during the production of 737 Max jets that will force Boeing to rework about 50 planes that have not yet been delivered. The problem was disclosed in a memo sent to Boeing (BA) employees Sunday by

By Nicole Goodkind, CNN New York (CNN) — Federal Reserve Chair Jerome Powell said the time is coming for interest rate cuts, but asked Americans for a bit more patience in the central bank’s fight against inflation. The US economy is strong and the central bank will likely lower later interest rates later this year,

By Ashley R. Williams, CNN (CNN) — Five numbers on one lucky Powerball ticket won $1 million for a Kentucky middle school’s lottery pool of 30 current and former employees, the Kentucky Lottery says. The Boone County counselors, administrative staff members, special education teachers and others who pooled their money over the past eight years

By Eva Rothenberg, CNN New York (CNN) — On February 4, 2004, a Harvard University undergrad named Mark Zuckerberg introduced TheFacebook.com, a social networking site for his fellow students. Twenty years after its launch, social media giant Facebook continues to show unprecedented staying power after burying early competitors like MySpace and Friendster and establishing a

By Peter Valdes-Dapena, CNN Irvine, California (CNN) — Automakers like Lamborghini, Ferrari, Bentley and Rolls-Royce have been doing well as, regardless of whatever is happening in the wider world’s economy, the ranks of the ultra-wealthy grow and become richer. Lamborghini sold more than 10,000 vehicles last year for the first time ever and Ferrari had

By Clare Duffy, CNN New York (CNN) — Wednesday’s online youth safety hearing with some of the world’s leading social media CEOs was unlike the many that came before it in recent years. But it wasn’t because of anything the executives said. Instead, it was the families sitting behind them — many holding photos of

By Catherine Thorbecke, CNN (CNN) — In the spring of 2015, homemaking expert Martha Stewart was giving Justin Bieber some dating advice. While participating in a “roast” of the millennial popstar for a Comedy Central special, Stewart recommended that he find a partner who is “a player in the boardroom and a freak in the

By Bryan Mena, CNN Washington, DC (CNN) — Americans are living through the toughest housing market in a generation and, for some young people, the quintessential dream of owning a home is slipping away. Mortgage rates surged in recent years, hitting the highest levels in more than two decades last fall. While rates have come down slightly

By Nicole Goodkind, CNN New York (CNN) — Nearly 65,000 football fans (some hoping to catch a glimpse of Taylor Swift) will soon descend upon Allegiant Stadium in Las Vegas to attend the most-viewed American sporting event of the year. Between the hot dogs, the beers and probably during Usher’s greatest hits, the Super Bowl

By Ramishah Maruf, CNN New York (CNN) — As with many Target trips, Nevada US history teacher Tierra Espy left the store with more items than she intended to buy on Sunday. She added a magnetic activity book about iconic Civil Rights leaders to her cart, in time for Black History Month, she told CNN

By Krystal Hur, CNN New York (CNN) — US stocks rose on Friday as investors continued to parse strong tech earnings and a searing jobs report. The Dow rose 135 points, or 0.4%. The S&P 500 gained 1.1% and the Nasdaq Composite climbed 1.7%. All three major indexes ended the week higher. The US economy

By Catherine Thorbecke, CNN (CNN) — Amazon founder Jeff Bezos plans to sell up to 50 million shares of Amazon stock over the next year, according to a regulatory filing posted on Friday. Those shares would be worth nearly $8.6 billion at the stock’s current price. Bezos’ planned stock sale was included in Amazon’s annual

By Ramishah Maruf, CNN New York (CNN) — Spotify announced a new multiyear partnership deal with podcaster Joe Rogan. His hit podcast will no longer be exclusive to the audio app and instead now be distributed to a variety of platforms, the streamer announced Friday. “The Joe Rogan Experience” had been Spotify’s last exclusive podcast,

By Eva Rothenberg, CNN New York (CNN) — Mark Zuckerberg’s net worth increased by more than $28 billion between your morning coffee and your lunch break. The Meta founder and CEO — who is already worth more than $140 billion, according to Bloomberg’s billionaire index — has cleaned up from Meta’s share price skyrocketing over

CNN By Alicia Wallace, CNN New York (CNN) — The US economy added a stunning 353,000 jobs last month, according to Bureau of Labor Statistics data released Friday, registering a stronger-than-expected gain to kick off 2024 and underscoring the resilience of the US economy in an election year. The unemployment rate remained at 3.7% from the month

By David Goldman, and Alexandra Ross, CNN New York (CNN) — Former President Donald Trump said that if he is reelected, he would not reappoint Federal Reserve Chair Jerome Powell, accusing Powell of considering rate cuts to give Democrats an advantage in the 2024 elections. “It looks to me like he’s trying to lower interest

CNN By Anna Cooban, CNN London (CNN) — Chinese stocks have had a very bad week. Despite recent attempts by Beijing to shore up confidence in the economy and stem a protracted stock market slump that has wiped out $6 trillion in value in three years, investors are still rushing for the exit. The Shanghai

By Samantha Murphy Kelly, CNN (CNN) — The Vision Pro, Apple’s first new product in seven years, officially launched in stores on Friday in the US. The mixed reality headset went on sale at Apple Stores across the country as some eager shoppers were among the first to get their hands on what promises to

By Diksha Madhok, CNN New Delhi (CNN) — Paytm, once the hottest of India’s startups, has seen a stunning fall on the stock market since last week, extending a plunge that has wiped nearly 80% off its value since it went public in the country’s biggest IPO in 2021. Shares of the hugely popular digital

By Anna Cooban, CNN London (CNN) — Chinese stocks have had a very bad week. Despite recent attempts by Beijing to shore up confidence in the economy and stem a protracted stock market slump that has wiped out $6 trillion in value in three years, investors are still rushing for the exit. The Shanghai Composite

Analysis by Laura He and Himari Semans, CNN Hong Kong/Tokyo (CNN) — Did China just pull ahead of Japan to become the world’s top car exporter? Beijing clearly thinks so, but Tokyo isn’t quite ready to concede its long-held crown. “It is a certainty that China has become the world’s largest exporter,” the China Passenger

By Laura He, CNN Hong Kong (CNN) — Bao Fan, a star Chinese tech banker who disappeared a year ago amid Beijing’s anti-corruption crackdown, has formally resigned from the firm he founded, the company said. China Renaissance announced in a filing to the Hong Kong stock exchange on Friday that Bao was stepping down as

By David Goldman, CNN New York (CNN) — For the first time, an advertising company that worked on Purdue Pharma’s OxyContin account has settled a lawsuit that accused it of falsely marketing opioids as safe. Publicis, a French marketing company, agreed to pay $350 million within the next two months and will not take on

By Ramishah Maruf, CNN New York (CNN) — Tesla CEO Elon Musk has a new social media target: Diversity, Equity and Inclusion. Following Musk’s recent critical posts about DEI policies and racial discrimination lawsuits against Tesla, the electric car company has omitted all language regarding minority workers and outreach to minority communities in its 10-K

By Brian Fung, CNN Washington (CNN) — Wednesday’s emotional Senate Judiciary Committee hearing grilling tech CEOs focused on Silicon Valley’s failures to protect kids online. But it also spotlighted Congress’ own glaring — and longstanding — inability to pass any meaningful legislation to rein in tech platforms. According to more than a half-dozen front-line participants in the

By Riley Gutiérrez McDermid and Samantha Delouya, CNN (CNN) — Apple has finally ended its losing streak. The company reported its first sales growth in a year on Thursday, boosted in particular by record revenue from its App Store and other services. But it’s still encountering difficulty in China. The earnings report comes one day

By Clare Duffy, CNN New York (CNN) — Meta’s “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging. The tech giant on Thursday reported that profit from the three months ended in December grew more than 200% year-over-year to $14 billion, exceeding Wall Street

By Catherine Thorbecke, CNN New York (CNN) — Holiday shoppers powered strong revenue growth for Amazon last quarter, the company said Thursday, the same day it launched a new AI shopping assistant. The e-commerce leader on Thursday reported revenue of $170 billion for its quarter ending in December, beating Wall Street’s estimates and growing 14%

By Samantha Delouya, CNN (CNN) — Disney is appealing a major setback earlier this week in its ongoing legal and political battle with Florida’s Republican governor Ron DeSantis. On Thursday, Disney filed a notice of appeal, challenging a Florida federal judge’s decision to throw out its case accusing DeSantis of punishing Disney for exercising its

By Anna Cooban, CNN London (CNN) — Nearly a year on from a banking crisis that led to the collapse of three US regional lenders and the emergency takeover of Credit Suisse in Europe, a fresh chill is running through banks as far apart as New York, Tokyo and Zurich. Common to all of them

By Hanna Ziady, CNN London (CNN) — Russian assets frozen in European accounts are generating billions of dollars in interest payments that could be diverted to help repair Ukraine’s war-torn economy — and the European Union just took a step closer to doing that. After Russia’s full-scale invasion of Ukraine in February 2022, Western countries

By Alicia Wallace, CNN New York (CNN) — On Friday, the Bureau of Labor Statistics will deliver the first jobs report for 2024, and it’s expected to underscore the strength of the US economy despite 11 rate hikes from the Federal Reserve. The labor market snapshot comes just days after Fed Chair Jerome Powell said

By Parija Kavilanz, CNN New York (CNN) — The Super Bowl is no joke for Tod Steward. He’s hosted a viewing party at his downtown Seattle condo for the past 14 years. It’s become a tradition for him and his circle of friends. Other than the game itself, it’s his steaks that get the loudest

Analysis by Oliver Darcy, CNN New York (CNN) — Far-left woke mobs ravaging the country. Hordes of illegal immigrants invading the southern border. Gender ideology warping young minds in schools. Sinister globalists plotting in the shadows. These are the toxic themes espoused in right-wing media, delivered each day through a mix of internet pipelines and

By Diksha Madhok, CNN (CNN) — Stung by a Delaware court ruling earlier this week that struck down his record Tesla pay package, Elon Musk says he is seeking shareholder approval to incorporate the company in Texas. Soon after Tuesday’s ruling about his 2018 salary package — worth about $51 billion at current stock prices

By Hanna Ziady, CNN London (CNN) — Deutsche Bank is cutting 3,500 jobs as it pushes ahead with a plan to reduce costs by €2.5 billion ($2.7 billion) by 2025. Germany’s biggest lender said Thursday that it had made progress towards the target but still had to find savings of €1.6 billion ($1.7 billion), some

By Elisabeth Buchwald, CNN New York (CNN) — Regional bank stocks are back in the hotseat thanks to a truly horrific financial report from New York Community Bancorp. On Wednesday, the regional lender reported a surprise loss of $252 million last quarter compared to a $172 million profit in the fourth quarter of 2022. The

CNN By Samantha Delouya, CNN (CNN) — A US judge has dismissed Disney’s lawsuit against Florida Gov. Ron DeSantis and his political allies, including the board he appointed to oversee Disney’s property in Florida. The judge’s ruling is a win for the governor’s escalating legal battle with the entertainment giant. The lawsuit, which was filed

By Oliver Darcy and Liam Reilly, CNN (CNN) — The Messenger, the upstart digital news outlet that hired hundreds of journalists and vowed to upend the industry as a centrist publication, will shut down less than a year after its high-profile launch, the company said Wednesday. The collapse of the outlet, founded by media entrepreneur Jimmy Finkelstein, marks one of

By Samantha Delouya, CNN (CNN) — A US judge has dismissed Disney’s lawsuit against Florida Gov. Ron DeSantis and his political allies, including the board he appointed to oversee Disney’s property in Florida. The judge’s ruling is a win for the governor’s escalating legal battle with the entertainment giant. The lawsuit, which was filed by

CNN By Clare Duffy, CNN New York (CNN) — Wednesday’s online youth safety hearing with some of the world’s leading social media CEOs was unlike the many that came before it in recent years. But it wasn’t because of anything the executives said. Instead, it was the families sitting behind them — many holding photos

CNN By Brian Fung and Clare Duffy, CNN Washington (CNN) — A group of social media bigwigs was grilled by Congress on Wednesday about the risks their products pose to young people. The chief executives of Meta, TikTok, Snap, Discord and X, formerly known as Twitter, testified before the Senate Judiciary Committee earlier Wednesday. The

By Elisabeth Buchwald, CNN New York (CNN) — Federal Reserve officials have said countless times they take a “data-dependent approach” to their policy decisions, including their current conundrum of when to slash interest rates. But what if the data isn’t as dependable as it once was? That’s what appears to be happening — and it’s

By Hanna Ziady, CNN London (CNN) — New border controls on some of Britain’s food imports from the European Union came into force Wednesday for the first time since Brexit, increasing red tape for businesses and threatening to drive up prices for consumers. Meat, eggs, fish and dairy are among a raft of fresh produce