CNN anchor Don Lemon revealed Thursday that he felt the political focus of his nixed primetime show had gotten stale prior to his move to the struggling cable network’s revamped morning show. Lemon, who is set to serve as co-host of the new “CNN This Morning” beginning Nov. 1, said…
US homebuilding fell more than expected in September, led by a 13.1% decline in multi-unit projects, according to Census Bureau data released on Wednesday. Housing starts dropped 8.1% to a seasonally adjusted annual rate of 1.439 million units last month. Data for August was revised down to a rate of 1.566 million units from the previously reported 1.575 million units. Economists polled…
Spirit Airlines shareholders voted Wednesday to accept a $3.8 billion buyout from JetBlue Airways, but the deal could still face a challenge from federal antitrust regulators. JetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation’s biggest budget airline. Spirit announced the outcome after…
John Schnatter, the founder of Papa John’s Pizza who was forced to step down as CEO after uttering a racial slur during a conference call, was slammed on Tuesday for telling a cable news channel that he had “lost a home” in Florida as a result of Hurricane Ian. Schnatter,…
Stocks rose sharply on Wall Street Tuesday, clawing back more of the ground they lost in a miserable several weeks. The Dow Jones Industrial Average surged 825.43 points, or 2.8%, to 30,316.32 and the Nasdaq jumped more than 350 points, or 3.3%. The S&P 500 rose 3.1%. The benchmark index…
United Airlines said on Friday it will suspend service in late October to New York’s John F. Kennedy Airport. Earlier this month, United had threatened to take the action if the Federal Aviation Administration did not grant the air carrier additional flights. United has been flying just twice daily to…
A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…
New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report. The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of…
The Justice Department’s top antitrust cop said he wants to “unplug” monopolistic Big Tech firms and drove home his support for a stalled congressional bill intended to rein in Google, Amazon, Meta and Apple during a fiery speech on Friday. Jonathan Kanter, the Biden-appointed assistant attorney general who leads the…
Ratings-challenged CNN will reshuffle the deck chairs on the slowly-sinking network, pushing out left-leaning primetime host Don Lemon from his plum solo slot to a newly-created morning team, boss Chris Licht announced Thursday. Lemon will join Kaitlan Collins and Poppy Harlow to replace current “New Day” hosts John Berman and…
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