Some car insurers refuse to cover certain Hyundai and Kia models

Some car insurers refuse to cover certain Hyundai and Kia models

CNN — Progressive and State Farm, two of the largest U.S. auto insurers, are refusing to underwrite policies in certain cities for certain older Hyundai and Kia models that have been deemed too easy to steal, the companies say. Several reports indicate that companies have stopped offering insurance on these vehicles in cities such as … Read more

FTX’s creditors include Goldman Sachs, The New York Times and Netflix

FTX’s creditors include Goldman Sachs, The New York Times and Netflix

New York CNN — Recently unsealed bankruptcy documents have revealed thousands of creditors who FTX owes after the once-mighty crypto exchange collapsed in November. Wall Street heavyweights including Goldman Sachs and JPMorgan were named to the list of creditors, which includes businesses, charities, individuals and other entities in a 116-page document filed late Wednesday. FTX … Read more

Gautam Adani’s firm loses $50 billion in market value after report on short sellers

Gautam Adani’s firm loses  billion in market value after report on short sellers

New Delhi CNN — The value of Gautam Adani’s business empire has plummeted by more than $50 billion this week since Hindenburg Research, a US firm that makes money from short selling, released a scathing report l accusing of fraud. India’s Adani Group has denounced Hindenburg’s allegations as “baseless” and “malicious”, and is considering legal … Read more

BuzzFeed says it will use AI to help create content, stock jumps 150%

BuzzFeed says it will use AI to help create content, stock jumps 150%

New York CNN — BuzzFeed said Thursday it will work with ChatGPT creator OpenAI to use artificial intelligence to help create content for its audience, marking a milestone in how media companies implement the new technology. in their activities. Jonah Peretti, the company’s co-founder and chief executive, told employees in a memo that they can … Read more

Southwest posts quarterly loss, warns more losses to come after service slumps

Southwest posts quarterly loss, warns more losses to come after service slumps

New York CNN — Southwest Airlines reported a fourth-quarter loss due to the company’s service slump during the holiday travel season, and it warned the costs of those issues would result in another first-quarter loss. . The airline was forced to cancel more than 16,700 flights between Dec. 21 and Dec. 29, about half of … Read more

Mortgage rates drop ahead of Fed meeting next week

Mortgage rates drop ahead of Fed meeting next week

washington d.c. CNN — Mortgage rates fell slightly this week, remaining nearly flat ahead of the Federal Reserve’s closely watched interest rate setting meeting next week. The 30-year fixed-rate mortgage averaged 6.13% in the week ending Jan. 26, down from 6.15% the previous week, according to Freddie Mac data released Thursday. A year ago, the … Read more

The FBI seized a website used by a notorious ransomware gang

The FBI seized a website used by a notorious ransomware gang

CNN — The FBI seized a website that a notorious ransomware gang, which extorted more than $100 million from victims’ organizations, used to shame its victims, according to a posting on the website. The so-called Hive ransomware group’s dark website posted a message on Thursday saying it had been taken over “as part of a … Read more

McDonald’s, In-N-Out and Chipotle are spending millions to block employee raises

McDonald’s, In-N-Out and Chipotle are spending millions to block employee raises

New York CNN — California voters will decide next year on a referendum that could overturn a landmark new law setting working conditions and minimum wages of up to $22 an hour for fast-food workers in the world’s largest state. country. Chipotle, Starbucks, Chick-fil-A, McDonald’s, In-N-Out Burger and KFC owner Yum! The brands have each … Read more

DRC denies fighter jet violated Rwandan airspace; accuses Rwanda of an “act of war”

DRC denies fighter jet violated Rwandan airspace;  accuses Rwanda of an “act of war”

CNN — The Democratic Republic of Congo (DRC) on Tuesday denounced Rwanda’s accusation that a Congolese fighter jet violated Rwandan airspace, alleging the plane was attacked by Rwandan forces in an “act of aggression deliberate action which amounts to an act of war”. The Rwandan government’s communications office released a statement on Twitter on Tuesday … Read more

How M&M’s is making the most of its spokesperson controversy

How M&M’s is making the most of its spokesperson controversy

New York CNN — Over the past year, M&M’s has been the subject of tirades from Fox News and criticism from a small segment of fans – first for changing Green M&M’s shoes and more recently for featuring female M&M characters on its packaging for International Women’s Day. This week, he announced a change: following … Read more