>>CPI Report Shows Slight Price Rise In April
(Washington, DC) -- Inflation is still on the march, but there are signs it's slowing. The latest Consumer Price Index report, which measures the cost of a broad number of goods and services, shows prices in the U.S. rising slightly in April. New data from the Bureau of Labor Statistics shows a less-than-five-percent increase in the closely-watched CPI over the past year. The rise is not as high as expected, and shows inflation continues to cool off since peaking last summer.
>>Altria Agrees To $235M Settlement To Resolve Juul-Related Cases
(San Francisco, CA) -- Tobacco giant Altria Group will pay 235-million dollars to settle thousands of lawsuits related to its former investment in e-cigarette maker Juul [[ jool ]] Labs. The settlement announced Wednesday resolves at least six-thousand lawsuits accusing Juul of an epidemic of teen vaping. It ends nearly all the litigation filed by local governments and private citizens across the nation. The settlement was announced shortly after the San Francisco Unified School District finished presenting its case against the company in a jury trial.
>>Disney+ To Merge Hulu Content In 2023
(Los Angeles, CA) -- Disney Plus is planning to incorporate Hulu content on their service by the end of the year. On Wednesday, Disney CEO Bob Iger announced the company is looking to launch a "one-app experience" in the US that combines content from both streaming services. Iger called the move a "logical progression" to give customers "more robust and streamlined content." Disney also plans to raise the price of both the ad-free and ad-supported Disney Plus tiers.
>>Google Announces $1,799 Folding Phone
(Mountain View, CA) -- Google is coming out with a folding phone. The tech giant on Wednesday announced the Pixel Fold, its first folding phone. The company began taking pre-orders on Wednesday and the 17-hundred-99 dollar phone will begin shipping in June. Google says it's the thinnest foldable phone on the market and has a seven-point-six inch display when opened flat. The Pixel Fold also will offer a feature called Split View, which allows multiple apps to be open at the same time.