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CNN has a new streaming service — but don’t call it CNN+.The cable network just unveiled CNN All Access, a subscription product launching October 28 that is set to offer unlimited access to its live video feed and website, plus its video library.CNN superfans, or news junkies who’ve cut the cord, can get the service for $6.99 a month or $69.99 a year. Those who sign up by January 5 can get their first year for 40% off, or $41.99.While CNN employees have said they hope this new service can find an audience, one network veteran has doubts about how…
Chicago Mayor Brandon Johnson wants to close nearly half of next year’s $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.The first-term Democrat on Thursday is proposing roughly $586.6 million in additional revenue from various types of companies and business activities. His plan would bring back a so-called head tax, which would levy $21 per employee per month on companies with at least 100 employees to raise $100 million to support community safety programs.Companies that could end up paying more depending on how the proposals are ultimately structured include: Amazon Inc., JPMorgan…
At least 27 states have turned over extensive personal information of people who receive federally-funded food assistance. Frederic J. Brown/AFP via Getty Images hide caption toggle caption Frederic J. Brown/AFP via Getty Images Since late July, most Democratic-led states have refused to give in to an unprecedented demand from the Trump administration to turn over personal information on federal food assistance recipients going back to 2020, including their names, dates of birth, home addresses, Social Security numbers and benefits amounts. Yet most states with a Republican governor have already complied. NPR’s reporting found at least 27 states have already shared…
Scott Stevens’ phone is ringing off the hook.Stevens, the founder of private credit firm Grays Peak Capital, provides bridge financing to companies that get government contracts, mostly in the defense sector. His firm is raising its second fund, which will have at least $500 million to put to work but could swell to $1 billion if he finds the right opportunities to entice his backers to contribute more.And with the government shutdown, there have been a lot of opportunities.”I have never had so many people wanting to meet with me,” he told Business Insider in an interview, about borrowers reaching…
‘My View with Lara Trump’ host Lara Trump discusses President Donald Trump’s administration crackdown on left-wing extremism, rising attacks on ICE agents and why she believes President Donald Trump deserves the Nobel Peace Prize. The Trump administration is preparing to make changes to the IRS that would allow the agency to launch criminal investigations of left-leaning groups, according to a report by The Wall Street Journal. The Journal reported, citing people familiar with the matter, the push centers on installing Trump allies at the IRS criminal-investigative (IRS-CI) division and reducing the involvement of agency lawyers in those criminal probes.Those changes could allow…
When OpenAI launched its first global brand campaign last month, it didn’t lean on Sora or an AI influencer. Instead, it hired an ad agency — despite CEO Sam Altman recently saying AI would replace 95% of ad agency work.The spots, shot on 35mm film with a custom lens, aired across TV, streaming, billboards, and social media. They show everyday reasons people use ChatGPT, from cooking to planning a fitness regimen.”We wanted this work to feel tactile, grounded, and to play differently in the space, so using more traditional methods, including shooting on 35mm, made sense,” Toby Treyer-Evans, founder and…
A lot of people working in the information sector feel good about their finances, while those in warehousing are struggling.That’s according to a new report from Jobs for the Future, the Families & Workers Fund, the W.E. Upjohn Institute, and Gallup that showed how thousands of US adults feel about the quality of their jobs.The researchers defined job quality using five measures: financial well-being, workplace culture and safety, growth and development opportunities, agency and voice, and work structure and autonomy.Over 18,000 workers were surveyed in January and February, when inflation was elevated, the rate of job quits was low, and…
Key PointsApple is about to announce a $140 million per year media rights deal with F1 for its U.S. rights, according to people familiar with the matter.Apple’s Eddy Cue said his company would like to buy more sports rights and would seek to change how broadcasts are done.”We’re not going to compromise,” said Cue. “We don’t have to do sports the way that they are. There’s plenty of people doing that. So the world doesn’t need us to do that.”A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from…
The CNN building in Atlanta, Georgia, on Monday, May 17, 2021.Elijah Nouvelage | Bloomberg | Getty ImagesCNN is trying again at a full-service streaming subscription.The news network, owned by Warner Bros. Discovery, announced Thursday its “All Access” subscription will launch in the U.S. on October 28 and cost $6.99 per month or $69.99 annually.The new plan is pitched as a centralized hub for CNN’s journalism and includes access to live and on-demand U.S. and international video programming, CNN.com articles and subscriber-only content across all platforms. To attract early adopters, the company is offering a limited-time annual subscription for $41.99 for…
AI is disrupting the world of consulting, and so far, EY is cashing in.The Big Four consulting and accounting firm reported on Wednesday that AI-related revenue was up 30% in its 2025 financial year, which covers the year ending June 30.EY said that consulting services like “delivering enterprise-wide transformations” and “AI governance frameworks that help drive the responsible implementation of AI” helped drive the surge in demand.The firm said it invests more than $1 billion each year in developing AI-first platforms and products, including 1,000 AI agents and the deployment of more than 100 internal AI applications.Overall global revenue rose…