Forget smartwatches, consumers are snapping up these quirky alternatives – CNN | CarTailz

CNN — In 2015, that same year, Apple introduced its smartwatch, a Kickstarter campaign launched for a very different wearable device: a wellness-tracking ring called the Oura. Seven years later, the Apple Watch is the most popular wearable device, while other similar products are falling Google and Samsung too dominate the wearables market. But something … Read more

Smaller rate hikes likely to come in December, says Fed Chair Powell – CNN | CarTailz

CNN business — Federal Reserve could slow pace of aggressive rate hikes as early as December, Fed Chairman Jerome Powell said at a business forum on Wednesday. “The time to slow the pace of rate hikes could come as early as December’s meeting,” he said in a remark at the Hutchins Center on Fiscal and … Read more

Kroger and the Albertsons set out to build a food empire. The last supermarket mega-merger backfired – CNN | CarTailz

new York CNN business — When Christine Martinez found out last month that the Kroger and Albertsons were planning a nearly $25 billion merger, she thought, “Here we go again.” Martinez lost her job as a pharmacy technician following a previous supermarket mega-merger: Albertsons’ $9 billion merger with Safeway in 2014. That deal has since … Read more

‘White Paper’ protests: China’s top stationery supplier says it still sells A4 sheets – CNN | CarTailz

Hong Kong CNN business — The rare protests, which swept across China over the weekend, often featured protesters holding blank sheets of paper, a phenomenon that has caused problems for the country’s top stationery chain. In a symbolic protest against censorship, young protesters held up white sheets – a metaphor for the critical social media … Read more

Rail strike threat recedes as Congress prepares to impose unpopular deal on unions – CNN | CarTailz

new York CNN business — The threat of a railcar strike that had been building over the past few weeks quickly subsided after President Joe Biden and Democratic leaders in Congress agreed late Monday to back legislation that would allow a strike by more than 100,000 union members later next year would block week. The … Read more

Is this the last Christmas for Sears? -CNN | CarTailz

new York CNN business — Tracy Easterling spent about an hour on Sunday shopping at Sears, which used to be one of her favorite stores. In the end she had nothing to show but memories. Easterling was at Sears in her hometown of Jersey City, New Jersey, one of only 15 Sears full-line restaurants still … Read more

Elon Musk claims Apple threatened to withhold Twitter from its App Store – CNN | CarTailz

new York CNN business — Elon Musk claimed Monday that Apple had “threatened” to remove Twitter from its iOS app store, a move that could be devastating for the company Musk just acquired for $44 billion. “Apple (AAPL) has also threatened to withhold Twitter from its App Store, but won’t tell us why,” Musk said … Read more

Lawsuit alleges billionaire Leon Black raped woman at Jeffrey Epstein’s home – CNN | CarTailz

new York CNN business — Billionaire investor Leon Black has been sued by a woman who claims he’s “brutal[ly]’ raped her at Jeffrey Epstein’s Manhattan townhouse in the spring of 2002. Cheri Pierson names both Black – the co-founder and former CEO of private equity giant Apollo Global Management – and the estate of the … Read more

Apple has a huge problem with its supplier’s iPhone factory in China – CNN | CarTailz

Hong Kong CNN business — A violent workers’ revolt at the world’s largest iPhone factory in central China further shakes Apple’s strained supply and highlights how the country’s strict zero-Covid policy is hurting global tech companies. The troubles began last month when workers left the factory campus in Zhengzhou, capital of central Henan province, amid … Read more

Apple has a huge problem with its supplier’s iPhone factory in China – CNN | CarTailz

Hong Kong CNN business — A violent workers’ revolt at the world’s largest iPhone factory in central China further shakes Apple’s strained supply and highlights how the country’s strict zero-Covid policy is hurting global tech companies. The troubles began last month when workers left the factory campus in Zhengzhou, capital of central Henan province, amid … Read more