Fair 34°
Tag:

CNN Business

Business
CNN To Shut Down Streaming Service One Month After Debut CNN To Shut Down Streaming Service One Month After Debut
CNN To Shut Down Streaming Service One Month After Debut Just a month after its debut, CNN is shutting down its streaming service, CNN+, according to CNN Business. Subscribers have until Saturday, April 30 to watch programming, at which point CNN+ will cease to exist, the outlet reported. The move comes amid a major shakeup in company management after CNN’s former parent company, WarnerMedia, merged with Discovery to form Warner Bros. Discovery. David Zaslav, the CEO of Warner Bros. Discovery, plans to instead house all of the company’s brands under a single streaming service, CNN Business reported. “In a complex streaming market, consumers wan…

SHARE

by Michael Mashburn
Business
Orange Juice Prices Could Increase Amid Lower Yield, Report Says Orange Juice Prices Could Increase Amid Lower Yield, Report Says
Orange Juice Prices Could Increase Amid Lower Yield, Report Says Orange juice prices could increase as Florida orange groves are seeing a lower crop yield this season.  According to a January report from the United States Department of Agriculture's Agricultural Statistics Board, the 2021-2022 forecast of Florida oranges is 44.5 million boxes, which is 1.5 million fewer than the December forecast. The USDA said if the forecast is realized, the final production will be 16 percent less than last year.  ABC News reported that this lower yield could lead to higher prices, adding that prices are already high due to the COVID-19 pandemic. According…

SHARE

by Nicole Valinote
Business
Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve
Maple Syrup Shortage Prompts Canada To Tap Into Half Of Its Strategic Reserve Maple syrup producers in Canada are in a sticky situation, as a shortage has forced them to use a significant portion of their strategic reserve.  Quebec Maple Syrup Producers has used almost 50 million pounds of syrup from its reserve, according to a report from Bloomberg.  That accounts for nearly half of the reserve, the news outlet reported. Quebec Maple Syrup Producers reports that it represents 11,300 maple producers and regulates the production of maple syrup in the province. Quebec is the world's largest producer of maple syrup. CNN Business reported that …

SHARE

by Nicole Valinote