11-foot hammerhead shark washes up on Florida beach

11-foot hammerhead shark washes up on Florida beach

CNN — An 11-foot hammerhead shark washed up on a beach in southern Florida, much to beachgoers’ surprise. Visitors at Pompano Beach, north of Fort Lauderdale, encountered the shark’s corpse on April 6, according to CNN affiliate WPLG. A team of scientists from the American Shark Conservancy took samples and identified the shark as a … Read more

H&M says you can compost its new line of baby clothes

H&M says you can compost its new line of baby clothes

new York CNN Business — H&M is coming out with a new line of baby clothes that can be recycled in an unexpected way once they’re worn out — composting. The 12-piece organic cotton collection for newborns (priced from $4.99 to $17.99) launches in May and includes tops, bottoms with adjustable waistbands and cuffs, jackets, … Read more

JetBlue makes offer for Spirit in attempt to derail deal with Frontier

JetBlue makes offer for Spirit in attempt to derail deal with Frontier

new York CNN Business — JetBlue Tuesday made an unsolicited $3.6 billion offer for low-fare rival Spirit Airlines in an attempt to derail a proposed deal between Spirit and Frontier Airlines. JetBlue’s cash offer is about 33% more than the value of Frontier’s stock-and-cash offer for Spirit. Such a transaction would stop a combined Frontier … Read more

Amazon just booked up to 83 rockets to launch its own satellite internet constellation

Amazon just booked up to 83 rockets to launch its own satellite internet constellation

new York CNN Business — Amazon (AMZN) is moving its business into the exosphere, with plans to deploy more than 3,000 satellites to beam internet connectivity all over the planet. On Tuesday, the company announced deals with three rocket companies that will launch those satellites. The agreement includes two veteran rocket builders — United Launch … Read more

China could make a U-turn to stop its companies being kicked off Wall Street

China could make a U-turn to stop its companies being kicked off Wall Street

hong kong CNN Business — China is extending an olive branch to the United States in a bid to prevent Chinese firms from being kicked off the US stock market. The China Securities Regulatory Commission, the country’s top securities watchdog, has proposed changing a decade-old rule that forbids Chinese firms from sharing sensitive data and … Read more

Will Smith resigns from the Academy

Will Smith resigns from the Academy

CNN — After slapping presenter Chris Rock on stage at last weekend’s Academy Awards, Will Smith announced in a statement Friday that he has resigned from the Academy of Motion Pictures Arts & Sciences. “I am resigning from membership in the Academy of Motion Picture Arts and Sciences, and will accept any further consequences the … Read more

America’s job market is on fire. Here’s why it doesn’t feel like it

America's job market is on fire.  Here's why it doesn't feel like it

new York CNN Business — America’s economic recovery from the historic shock of the pandemic has been nothing short of extraordinary. However, consumers are feeling disparaged as they struggle with rising prices on everything from garden furniture and groceries to gas. Home prices have gone through the roof but with the Federal Reserve raising interest … Read more

America’s job market is on fire. Here’s why it doesn’t feel like it

America's job market is on fire.  Here's why it doesn't feel like it

new York CNN Business — America’s economic recovery from the historic shock of the pandemic has been nothing short of extraordinary. However, consumers are feeling disparaged as they struggle with rising prices on everything from garden furniture and groceries to gas. Home prices have gone through the roof but with the Federal Reserve raising interest … Read more

New fuel economy rules will require 49 mpg average within by 2025

New fuel economy rules will require 49 mpg average within by 2025

new York CNNBudget — The Biden administration Friday rolled out final emissions rules that will require cars and trucks to have an average fuel economy of 49 miles per gallon in just a few years. The rule comes as Americans are paying record prices for gas. Friday’s reading for the national average price for a … Read more

Amazon union vote counts are underway for two warehouses

Amazon union vote counts are underway for two warehouses

CNN Business — Amazon has gone 27 years without a union in the United States. Now it’s about to find out whether workers at two warehouses have voted to unionize. Vote tallies in a union election at an Amazon warehouse in Staten Island, New York, and a do-over election at facility in Bessemer, Alabama, are … Read more