Tupperware is hoping to find a buyer, after years of declining popularity and financial problems. The 78-year-old brand filed for Chapter 11 bankruptcy. CNN's Nathaniel Meyersohn explains what went wrong. https://cnn.it/47zm6Rb
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CNN Worldwide is a portfolio of more than two dozen news and information services across cable, satellite, radio, wireless devices and the Internet in more than 200 countries worldwide. Domestically, CNN reaches more individuals on television, the web and mobile devices than any other TV news organization in the United States. Internationally, CNN is the most widely distributed news channel reaching more than 260 million households abroad; and, the CNN Digital Network is consistently the No.1 current events and news destination on the web. CNN International is the most watched global 24-hour news network. CNN International can be seen in more than 260 million television households in more than 200 countries and territories through a network of 38 satellites. Since September 1997, CNN International has been regionalized into five separate regions: CNN International Europe / Middle East / Africa, CNN International Asia Pacific, CNN International South Asia, CNN International Latin America and CNN International North America. Additionally, CNN Newsource is the world's most extensively utilized news service partnering with hundreds of local and international news organizations around the world. CNN is division of Turner Broadcasting System, Inc., a Time Warner Company.
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http://www.cnn.com
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Updates
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CNN's Rahel Solomon talks to finance analyst Greg McBride, who puts the Fed's first rate cut in years into perspective for homebuyers. https://cnn.it/3MQMGvG
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Amazon is raising pay for its more than 800,000 US warehouse and transportation workers and giving them Amazon Prime for free. Amazon, one of the country’s largest private employers, announced Wednesday that it will raise wages by at least $1.50 an hour, bringing the company’s average starting wage to more than $22 an hour. Amazon will also offer the $139 yearly Prime benefit to employees for free. Amazon’s decision to raise wages is another sign of a tight jobs market for logistics workers, fueled by more Americans shopping online. The labor market has cooled considerably during the past year, but the economy is still adding jobs.
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Tupperware is hoping to find a buyer, after years of declining popularity and financial problems. The 78-year-old brand filed for Chapter 11 bankruptcy. CNN's Nathaniel Meyersohn explains what went wrong. https://cnn.it/3TB1Xo7
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Known for the “Woj Bomb” from his relentless NBA breaking news and reporting, ESPN’s senior insider Adrian Wojnarowski dropped another one on Wednesday.
NBA insider Adrian Wojnarowski retires from ESPN to become basketball general manager at alma mater
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The Blue Jackets’ uniform will be updated for the upcoming season to honor and remember the brothers starting with the team’s first preseason game on September 23.
Columbus Blue Jackets announce plans to remember Johnny and Matthew Gaudreau
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In many parts of the country, physicians who deliver babies are leaving the workforce, making it harder for women to access maternal care.
US faces maternity care crisis, with 1 in 3 counties lacking obstetric doctors, report warns
CNN on LinkedIn
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The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The bold, but not unexpected, half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank's historic inflation fight, which kept rates at a bruising 23-year high for more than a year. The decision to cut by half a point, which wasn't unanimous, telegraphs to the world that central bankers feel a sense of urgency to provide the US economy with swift relief from elevated borrowing costs, considering there were blaring calls in recent days for the Fed to kick off the rate-cutting cycle with a bang. Read more: https://cnn.it/3Xzis5k
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The company’s newest products are made specifically for those on a fitness kick
Hershey is turning its candy into energy drinks and protein powders | CNN Business