Looking for a bite at your local mall? As US malls race to reinvent themselves, they’re turning to sushi conveyor belts, craft-beer membership clubs and Korean barbecue to replace burgers and fries. Over the last few decades, malls became the town center of many American communities. But the pandemic, over-building and a move by consumers toward discount and online shopping changed all that. As anchor department stores left malls, so did some name-brand chains like Ruby Tuesday, Chili’s, Applebee’s and others. What’s taking their place illustrates a large shift in US tastes: There’s a boom in smaller and regional restaurant chains with a local following. Plus a much wider menu of global cuisines. Landlords are counting on emerging restaurant brands like Lazy Dog, Gen Korean BBQ and Postino Wine Café to draw customers back to malls. So-called “eatertainment” concepts such as Puttshack and Topgolf, which can extend the amount of time people spend in a mall, are expanding. One fast-growing chain targeted to families, Kura Revolving Sushi Bar, delivers plates to diners on conveyor belts as rolling robots serve drinks. Tableside monitors offer games, cartoons and toy prizes for big eaters. And at the same time, many national chains are prioritizing drive-thru locations over their sit-down restaurants in malls.
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Its high selling point has set a “new world record for Titanic memorabilia.”
Gold watch worn by richest passenger aboard Titanic sells for record-breaking $1.5 million | CNN
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Rolls-Royce is vastly expanding its factory in Chichester, England. The BMW subsidiary is adding five new buildings with construction planned to start next year. Usually, when a carmaker expands a factory it’s for one simple reason: building more cars. But this is Rolls-Royce. Making and selling more Rolls-Royces would undermine the brand’s vaunted exclusivity. So this factory expansion isn’t about making more cars, but making more expensive cars, which takes more time and requires more space for workshops and storage of exotic materials. And the expansion signals something about Rolls-Royce’s ultra-wealthy clientele: https://cnn.it/3xWrf8q
Rolls-Royce is growing its factory so it can build cars more slowly | CNN Business
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Pro-Palestinian protests continue at major US universities, and several schools have called police to remove demonstrators. Follow live updates here. https://cnn.it/44hFRvc
Live updates: Pro-Palestinian protests continue at colleges across the US
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"When Taylor Swift dropped her highly anticipated 11th studio album, 'The Tortured Poets Department,' last Friday, the professional critic class was quick to express disappointment and pan the 'Midnights' sequel as a miss," writes CNN's Oliver Darcy. "While some reviews did laud Swift's latest offering, the album failed to dazzle a healthy branch of critics. Had Swift's run as a brilliant pop star finally run its course? Was it downhill from here? That seemed like a possibility, after reading the withering chorus of criticism. "It was with those reviews in mind that I hit play last Friday afternoon and visited 'The Tortured Poets Department' for myself. And, after I rushed through the 120-some minutes of personal storytelling and synth-pop, I found myself in agreement with the critics. Initially, 'Tortured Poets' failed to resonate with me. It did, indeed, feel a little tired. As a life-long fan of Swift's music, I wasn't impressed. "One week later, my view of the album has entirely reversed. After spending more time with the two-hour sonic feast, more methodically touring through its subtleties and nuances, I am ready to declare that it is one of Swift's best works yet. Anecdotally, it seems others are also identifying with this experience, initially expressing tepid feelings toward the album, and then realizing after a few listens it has really grown on them." https://cnn.it/49UF1FN
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It's one of Washington's biggest nights – the White House Correspondents' Dinner. Revisit some of the most iconic moments from the dinner through the years, and tune in for special coverage of tonight's event at 7p ET on CNN and streaming on Max. https://cnn.it/4ddmWWn
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A new Denver barbershop is exclusively employing formerly incarcerated and justice-impacted individuals. R&R Head Labs, which opened its doors in February, aims to address the financial, logistical and emotional inequities associated with their reentry into society. Its model creates a pathway to employment by utilizing skills — and sometimes barbering licenses — its employees gained while in prison. But barbering skills aren’t a requirement to work at R&R Head Labs, as its paid apprentice program shepherds employees through training, the 2,000 hours of working as an apprentice and 300 hours of classroom or in-shop time required to get a barber license in Colorado. “This opportunity feels surreal and overwhelming,” said James Canody, an apprentice at the Denver-based business. “But that’s a good thing. I am getting comfortable with being uncomfortable and see how barbering can help me change my life.” When speaking with CNN, Canody had been working as an apprentice at the barbershop for 13 days. Fourteen days ago, he had been released from prison, where he served 6 and a half years of an 18-year sentence. Canody is one of 650,000 people released from prison every year across the United States, according to the Department of Justice. That’s a population of which nearly 75% are still unemployed a year after being released. According to the Brookings Institution, stable employment has been shown to reduce recidivism, but even for those who find a job, earning capacity is likely hindered: Based on a report released by the Bureau of Justice Statistics, formerly incarcerated people who do find employment after their release tend to earn just 53% of the median US worker’s wage. Read more: https://cnn.it/3QjZug8 📸: Alex Dean creative/R&R Head Labs
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The Federal Deposit Insurance Corporation said that Republic First Bank has been closed by Pennsylvania state regulators, in what the FDIC said was the first US bank failure this year.
FDIC says Republic First Bank is closed by Pennsylvania regulators
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Federal safety regulators said they are investigating whether Tesla's massive recall in December of essentially all of its vehicles on US roads was sufficient to fix the safety threat posed by its "Autopilot" feature
Safety regulator probing whether Tesla's recall of 2 million vehicles with Autopilot was adequate to fix safety threat
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The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure
CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel | CNN Business