Category Archives: CNN – Business

Apple card is accused of gender bias. Here’s how that can happen

Apple card is accused of gender bias. Here’s how that can happen

Some Apple Card customers say the credit card’s issuer, Goldman Sachs, is giving women far lower credit limits, even if they share assets and accounts with their spouse. But it’s impossible to know if the Apple Card — or any other credit card — discriminates against women, because creditworthiness algorithms are notoriously opaque. “It’s such…MORE

JetBlue is rolling out cheaper fares. But there’s a catch

JetBlue is rolling out cheaper fares. But there’s a catch

JetBlue Airways is following its rivals by rolling out a new basic economy fare. The tickets are cheaper, but they lack the perks that come with more expensive fares. The airline announced Tuesday that it has introduced a new fare class called Blue Basic. The stripped-down ticket option doesn’t include advanced seat selection or the…MORE

McDonald’s workers strike in London to demand higher pay

McDonald’s workers strike in London to demand higher pay

McDonald’s workers have walked off the job in the United Kingdom to demand higher pay and better working conditions. The workers are asking the fast food chain for an hourly wage of at least £15 ($19.25) as part of a global day of action organized by the International Union of Food Workers. The UK Trades…MORE

Supreme Court allows Sandy Hook families to sue Remington

Supreme Court allows Sandy Hook families to sue Remington

The Supreme Court won’t stop a lawsuit brought by Sandy Hook victims’ families against Remington Arms Co., the manufacturer of the semi-automatic rifle that was used in the 2012 mass shooting at an elementary school. The Court decided not to take up an appeal by Remington. That marks a blow to the gun industry: Depending…MORE

Disney+ launches, then crashes

Disney+ launches, then crashes

Disney+ launched to much fanfare on Tuesday, and then immediately hit some bumps. Disney fans looking to enjoy all the content the company’s new streaming service had to offer were instead greeted by error pages starring Disney’s own Wreck-It Ralph. “Unable to connect to Disney+,” one error page, which showed Wreck-It Ralph holding a WiFi…MORE

America’s largest milk producer files for bankruptcy

America’s largest milk producer files for bankruptcy

Dean Foods, America’s largest milk producer, is filing for bankruptcy. The 94-year-old company has struggled in recent years because Americans are drinking less cows milk. 2019 has been particularly brutal: the company’s sales tumbled 7% in the first half of the year, and profit fell 14%. Dean Foods stock has lost 80% this year The…MORE

Disney+ review: It’s a lot like Netflix, but with a few twists

Disney+ review: It’s a lot like Netflix, but with a few twists

I’ve been using Disney products my entire life. I go to Disney World nearly every year — a tradition that started when I was three years old. I am even a member of the resorts’ time share program, Disney Vacation Club. Needless to say, I’ve watched countless hours of Disney movies in theaters and on…MORE