Author: Press Room

New Zealand’s Northland region lifted a state of emergency declaration Wednesday after an overnight storm didn’t turn out as bad as feared.A heavy rain warning for Auckland was also lifted, although a state of emergency remained in place for the nation’s largest city after record rainfall and flooding on Friday killed four people and caused widespread disruption.Weather forecasters had predicted another night of heavy rain.Ron Devlin, the regional manager for Fire and Emergency New Zealand, told reporters that crews had dealt with more than 50 weather-related callouts Wednesday morning in and around Auckland.”But I want to stress the rain didn’t…

Job creation in the private sector plunged in January as weather-related issues sent workers to the sidelines, payroll processing firm ADP reported Wednesday.Companies added just 106,000 new workers for the month, down from an upwardly revised 253,000 the month before. Economists surveyed by Dow Jones had been looking for a gain of 190,000.Most of the growth came in the hospitality industry, as bars, restaurants, hotels and the like added 95,000 positions. Other growth industries included financial activities (30,000), manufacturing (23,000), and education and health services (12,000).However, the trade, transportation and utilities sector lost 41,000, construction was off 24,000, and natural…

The NFL playoffs and fans’ complaints about the officiating fueled conspiracies online about the league being “rigged,” and it trended on social media through the most important parts of the season.Arian Foster, a former star running back for the Houston Texans, sarcastically talked about the NFL being rigged in the latest episode of the Barstool Sports podcast “Macrodosing.” PFT Commenter, one of the hosts on the show, sarcastically told the audience that Foster told him a script would be dropped off at his locker before the start of the season.”We were really dedicated to it. So, it was more so…

Ozempic, the Type 2 diabetes treatment, has been in short supply for months as people who aren’t diabetic seek the drug for its most famous side effect: weight loss.The prescription medication, which patients self-inject once a week, is trending on social media. Some users call it “the skinny pen” and swap stories about shedding pounds with Ozempic. The drug is so trendy that it has created a cottage industry for people who want to get a prescription without ever seeing a healthcare provider in person. How easy is it to get one? NBC News Senior Consumer Investigative Reporter Vicky Nguyen…

In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined, shattering myths about the industry’s seemingly unstoppable growth in the process. But there has been one notable exception: Apple. To date, Apple (AAPL) has not announced any substantial cuts, thanks in part to slower headcount growth than some of its peers during the pandemic and continued demand for its core products. Some analysts think more modest cost cuts could be coming, however. The iPhone maker is set to report earnings results for the final three months of 2022 on…

Source: YouTube

Source: YouTube

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Investors appear to be preparing for another match-up against their favorite sparring partners at the Federal Reserve today. Fed officials are hoping they’ll be able to ease up on the pace of interest hikes without having to signal any immediate plans to stop. Wall Street, meanwhile, is convinced that the central bank will soon abandon its rate hike regimen. So will Fed Chair…

The FIFA Club World Cup is about to kick off in Morocco, with Real Madrid heavily favoured to continue European football’s stranglehold on the competition. Beginning on Wednesday, the tournament will see six other sides vie with the Spanish giants for the chance to be crowned the best club team on the planet. Here is what you need to know: Which teams are taking part? The 19th edition of the Club World Cup brings together the respective champions of each of FIFA’s six premier regional competitions, alongside the host nation’s league champions. Joining Real Madrid in this year’s tournament are…

Washington CNN  —  Michael Cohen, former President Donald Trump’s former attorney, has handed over his cell phones to Manhattan prosecutors, he told “CNN This Morning” on Wednesday. Prosecutors are zeroing in on the Trump Organization’s involvement in hush-money payments made to adult film star Stormy Daniels as part of an effort to stop her from going public about an alleged affair with Trump days before the 2016 presidential election. A grand jury in New York has been convened to hear evidence related to the effort, sources familiar with the matter have told CNN. Cohen met last month with the Manhattan…