Takata filed for bankruptcy amid “the largest and most complex safety recall in U.S. history,” according to the National Highway Traffic Safety Administration (NHTSA). Not […]
Category: Business
Whoopi Goldberg’s bakery tiff: What to know
Whoopi Goldberg is making headlines following a viral dispute between the “The View” host and a popular Staten Island bakery. Goldberg claimed that she was […]
Ben & Jerry’s lawsuit accuses parent company of censorship over Gaza
Ben & Jerry’s has sued its parent company Unilever accusing it of silencing the ice cream maker from making statements in support of Palestinians in […]
Hundreds of hotel workers go on strike at a casino near the Las Vegas Strip
Hundreds of Las Vegas hotel workers have gone on strike at a casino near the Strip
Judge blocks Biden administration’s rule to expand overtime pay for millions
A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more […]
What is Bluesky, the fast-growing social platform welcoming fleeing X users?
Disgruntled X users are once again flocking to Bluesky, a newer social media platform that grew out of the former Twitter before billionaire Elon Musk […]
Alaska political leaders hope to see Trump undo restrictions on oil drilling
Political leaders in Alaska have welcomed President-elect Donald Trump’s pledges to expand oil production
Russia’s Gazprom stops flow of natural gas to Austria, OMV utility says
Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the […]
Christmas tree shortage projected from severe Northeast drought: ‘We can’t grow anything’
It’ll be a December to remember after a severe drought across the Northeast is killing off young Christmas trees. The drought has led to significant […]
Passenger shares chaotic video of people screaming, items flying during turbulent transatlantic flight
A Scandinavian Airlines flight was rerouted back to Europe after severe turbulence forced its return, according to a statement. Flight SK957 with service to Miami […]
Forget downtown or the ’burbs. The far-flung exurbs are where people are moving
Not long ago, Polk County’s biggest draw was citrus
Netflix under fire as fight fans tuning in for Jake Paul-Mike Tyson bout face myriad of issues
Netflix was the broadcast host for the entire Jake Paul-Mike Tyson fight card on Friday night but as more viewers started to tune into the […]
Inflation still small business owners’ top concern, NFIB survey finds
Small business owners felt a little more optimistic about the economy last month, but a greater share said inflation is their biggest operating problem, according […]
Small business owners in the Midwest seeing stress from consumers
National Federation of Independent Businesses (NFIB) survey data shows small business owners are feeling more optimistic about the economy but increasingly concerned about inflation, which […]
US Chamber names top 100 small businesses in America
The United States Chamber of Commerce released its list of the top 100 small businesses in the country on Thursday, recognizing entrepreneurs from across the […]
What is a tax write-off? How the deductions impact businesses taxable income
Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. […]
Arizona small businesses owners struggle to make ends meet, voting for economic relief this election
Some Arizona small business owners are saying economic relief will be a big part of their vote this year, and it could make or break […]
Donald Trump gives mom of 3 $100 towards grocery bill at Pennsylvania market store
A mother of three was surprised by a generous gift from former president Donald Trump while she was shopping at a local grocery store in […]
Small business uncertaintly hits all-time high ahead of Election Day
Wall Street might be booming, but Main Street is feeling more uncertainty than ever ahead of Election Day, as polling shows the race between former […]
Florida restaurateur rebuilding after Hurricane Helene: ‘An absolute gut punch’
Café L’Europe, one of the oldest buildings in St. Armands Circle, in Sarasota, Florida, has been flooded four times in the past 18 months. “That […]
Trump Media shares rally on Election Day
Trump Media & Technology Group shares surged on Tuesday in an Election Day rebound as voters head to the polls to choose either majority shareholder […]
Crypto prices rise on Election Day as investors anticipate outcome
Cryptocurrency prices climbed on Tuesday amid a broader market rise as investors anticipate the outcome of the U.S. election. Major cryptocurrencies saw prices increase on Election […]
Trump’s White House win sends Dow up 1,500 points
U.S. stocks soared Wednesday as former President Trump defeated Vice President Kamala Harris in one of the most contentious elections in U.S. history. The Dow […]
Tesla stock surges after Trump wins presidency
Shares of electric vehicle-maker Tesla surged on Wednesday as stocks rose broadly after former President Trump prevailed in the presidential election. Tesla’s stock soared as much […]
Green energy stocks down following Trump election win
Shares of several renewable energy companies traded lower on Wednesday after Donald Trump was declared the winner of the presidential election, affording him a second […]
Volkswagen recalls over 114,000 Beetle, Passat vehicles due to risk of airbag inflator explosion
Volkswagen is recalling nearly 114,500 of its Beetle and Passat vehicles in response to the potential risk their driver’s side airbag inflators could explode. The […]
SEC commissioner backs Trump’s plan to end crypto crackdown
Republican SEC Commissioner Mark Uyeda wants to help President-elect Donald Trump fulfill his promise of ending the Biden Administration’s so-called war on crypto, FOX Business […]
Bentley pushes back all-EV lineup timeline to 2035
Bentley is delaying the timeline for its planned transition to an all-electric vehicle lineup. The luxury automaker unveiled the change to its “Beyond100” initiative on […]
US stocks saw biggest inflow since June on day of Trump’s election win: Bank of America
Investors poured $20 billion into U.S. equity funds on Wednesday after President-elect Trump was declared the winner of the presidential election, according to Bank of […]
Trump’s win gives US stocks best week of the year
The red wave that catapulted President-elect Trump to a second term created a green money wave for U.S. investors. The Dow Jones Industrial Average […]
Gold ETFs are finally joining the party
As gold prices continued to defy the odds, hitting new all-time highs, exchange-traded funds linked to the precious metal were not part of the party […]
Bitcoin surges to a new record high, topping $84,000
Bitcoin’s record-setting run in the wake of President-elect Trump’s election victory continued on Monday as the cryptocurrency surged past $84,000 to a new all-time high. Bitcoin […]
Tesla headed for $2 trillion valuation after Musk’s ‘big bet’ on Trump win, analysts say
Tesla shares continue to soar after President-elect Trump secured a second term in the White House with CEO Elon Musk as a major backer, sending […]
Trump trade powers Dow 44,000, S&P 6,000 as stocks keep humming
Investors continued to plow money into U.S. stocks, setting new records following President-elect Donald Trump’s historic White House win. The Dow Jones Industrial Average scored […]
Oil giant Shell wins appeal against climate activists in landmark carbon-emissions case
British oil giant Shell won a major court victory on Tuesday when a Dutch appeals court overturned a landmark 2021 case brought by green groups […]
23andMe cuts 40% of its workforce
Genetics testing company 23andMe said on Monday that it is cutting its headcount by 40%, or more than 200 employees. The job cuts come as […]
Krispy Kreme to celebrate World Kindness Day by giving away free dozen doughnuts to first 500 guests
Doughnut lovers listen up: Krispy Kreme Doughnuts will give away a dozen of its original glazed doughnuts to the first 500 guests at each participating […]
DirecTV scrapping DISH merger
DirecTV says it is walking away from its planned acquisition of EchoStar’s video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange offer […]
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of […]
Bitcoin whale ETF soars to record as crypto races
Bitcoin’s record run is giving one exchange-traded fund a hefty lift of its own. The iShares Bitcoin Trust ETF, the largest bitcoin ETF with $42 […]
Lowe’s to give $2.5M to small businesses hammered by Hurricane Helene
Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during […]
Chipotle shareholder sues company after portion sizes go viral
A Chipotle shareholder is suing the company, claiming they faced “significant losses” due to the alleged portion-size reductions that caused a frenzy over social media. […]
Capri terminates Tapestry merger citing regulatory hurdles
The luxury fashion brand merger between Capri and Tapestry is officially off, as the two companies announced Thursday that they will abandon the merger because they […]
18 states sue SEC over ‘unconstitutional overreach’ of digital assets
Exclusive: The legal woes are piling up for Wall Street’s top cop. On Thursday afternoon, 18 states filed to sue the Securities and Exchange Commission […]
Advance Auto Parts closing hundreds of locations following sluggish performance
Advance Auto Parts on Thursday announced that it is planning to close more than 700 locations in the U.S. as it looks to improve its […]
Musk and Ramaswamy’s DOGE opens hiring on X
The Department of Government Efficiency (DOGE), which President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of, announced on Thursday that it is opening up […]
Person in bear costume attacks luxury cars in insurance scam, California insurers say
Four Los Angeles residents stand accused of defrauding insurance companies when they claimed a bear broke into their luxury cars and damaged vehicles, but investigators […]
Luxury retail meets repurposed shipping containers in traveling pop-up shop featuring high-end brands
The luxury retail shopping experience is evolving across the southeastern U.S. beyond archetypal laminated glass and heavy door frames with repurposed shipping containers that offer […]
LARRY KUDLOW: President-elect Trump is making good on his promises
Promises made, promises kept — that’s the subject of “The Riff.” “Promises made, promises kept” was one of the key themes of President Trump‘s victory […]
Video shows cruise ship severely tilting due to unexpected wind gust
Royal Caribbean cruise guests reportedly felt their ship tilt during some bad weather last week. The ship experienced the bout of bad weather near Tenerife, […]
How major US stock indexes fared Thursday, 11/14/2024
U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool
Japan’s economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
Australia’s plan to ban children from social media proves popular and problematic
The Australian government’s plan to ban children from social media to protect them from harm has won almost universal political support
220,000 Medical King portable adult bed rails recalled after a death, marking 9th related recall in 3 years
More than 220,000 portable adult bed rails were recalled on Thursday after the U.S. Consumer Product Safety Commission (CPSC) issued an urgent warning after one […]
This is the best time to buy a home according to experts
A major misconception in the U.S. real estate market is that the spring is the best time to buy a home. In reality, spring benefits […]
America’s casual dining ‘heydays are over’: Experts unveil the next chains to rise and fall
Red Lobster, Buca di Beppo, Roti, BurgerFi, now TGI Fridays and more: 2024 has been a year full of once-popular, casual dining chain bankruptcies, and […]
Fed Chair Jerome Powell says central bank in no rush to reach ‘neutral rate’
Federal Reserve Chair Jerome Powell said Thursday that the central bank’s policymakers aren’t in a rush to reduce interest rates to the so-called “neutral rate” […]
Cyprus in talks with Gulf energy companies over natural gas licences, president says
Cypriot authorities are in talks with major energy companies from Persian Gulf states over potential natural gas reserves off the Mediterranean country’s southern coastline, President […]
Elon Musk says his role in Trump’s efficiency department ‘is going to be a revolution’
Billionaire Elon Musk joined President-elect Trump on Thursday for the annual America First Policy Institute Gala at Mar-a-Lago in Palm Beach, Florida. Musk, who was […]
Walkout at Virgin Hotels Las Vegas marks first open-ended strike in over 20 years for Nevada’s largest labor union
Walkout at Virgin Hotels Las Vegas marks first open-ended strike in over 20 years for Nevada’s largest labor union
Retail sales up solidly in October as Americans showed continued willingness to spend
Retail sales up solidly in October as Americans showed continued willingness to spend
Get approved for apartment as first-time renter with these tips
If you are renting an apartment for the first time, there are likely many questions swirling in your mind. You may be wondering how much […]
A Croatian corruption investigation snares the health minister and several others
Croatia’s health minister and several others were detained on Friday on suspicion of corruption as part of an investigation launched by the European prosecutor’s office
Workers at Canada’s national postal service go on strike Friday, disrupting deliveries
Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post
U.S. protectionism could undermine modest growth forecast for eurozone, says EU Commission
The economy of the European Union is headed for only modest growth in coming months as consumers regain some of the purchasing power they lost […]
Box CEO Aaron Levie endorsed Harris but wants Democrats to support Elon Musk and DOGE
A Silicon Valley CEO who supported Vice President Kamala Harris in the last election now says he hopes Democrats work with billionaire Elon Musk and […]
Kraft Heinz must face lawsuit over Mac & Cheese labels, judge rules
A judge denied Kraft Heinz’s efforts to dismiss a proposed nationwide class action lawsuit over allegations that its products, marketed as free from preservatives, contain […]
Ford hit with $165M penalty from NHTSA, second-highest in agency’s history
The National Highway Traffic Safety Administration (NHTSA) imposed a $165 million civil penalty on Ford as part of a consent decree, after determining the automaker […]
Tyson-Paul fight gives Netflix opportunity to show it can handle big events with NFL, WWE on horizon
Jake Paul and Mike Tyson aren’t the only ones who have high stakes when they meet in the boxing ring on Friday night
Finance books to help you save, budget your money for the avid reader and big spender
Do you want to better your finances? Perhaps start your journey with a book. Whether you need help investing, need assistance cutting spending or need […]
Regulators approve North Dakota section of planned 5-state Midwest carbon dioxide pipeline, but hurdles remain elsewhere
Regulators approve North Dakota section of planned 5-state Midwest carbon dioxide pipeline, but hurdles remain elsewhere
NFL legend Rob Gronkowski impacts Make-A-Wish Southern Florida at Great Wolf Lodge grand opening
NFL legendary tight end Rob Gronkowski took a seat outside a pool in Naples, Florida with an exhausted look on his face. It wasn’t due […]
South African government seeks experts’ help to bring illegal miners to the surface
The South African government says it has put together a team including mine rescue experts to come up with a plan to bring to surface […]
Google AI chatbot tells user to ‘please die’
Google’s AI chatbot Gemini is at the center of another controversy after a user reported a shocking answer in a conversation about challenges aging adults […]
Hacker sentenced over bitcoin theft worth billions
A hacker who helped launder the proceeds of a bitcoin theft from a cryptocurrency exchange was sentenced to five years in prison for his role in […]
DOGE could target SEC, CFPB – are both agencies needed?
The Department of Government Efficiency (DOGE) that will be led by Elon Musk and Vivek Ramaswamy to help President-elect Trump’s administration cut wasteful federal spending could […]
Company announces nearly $712 million project in Kentucky to make batteries used to store energy
A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy
Regulators approve North Dakota section of planned 5-state Midwest carbon dioxide pipeline
Utility regulators in North Dakota have approved part of a carbon dioxide pipeline that would span five Midwestern states
Austria says Russia’s Gazprom will cut off natural gas supply this weekend
Austria’s chancellor says Russia’s state-owned natural gas company Gazrom will cut off supplies early Saturday to Austrian utility OMV
New York judge rejects state efforts to shutter bitcoin mine over climate concerns
A New York judge has rejected an effort by state regulators to shutter a bitcoin mine over concerns about its greenhouse gas emissions
Trump team reportedly looking to kill Biden’s $7,500 EV tax credit
President-elect Trump’s transition team is looking to get rid of the $7,500 federal tax credit for electric vehicles enacted during the Biden administration, Reuters reported […]
Man pleads guilty to stealing millions from major Detroit nonprofit
A man accused of stealing $44 million from a Detroit nonprofit group has pleaded guilty to financial crimes
How major US stock indexes fared Friday, 11/15/2024
U.S. stocks fell to their worst loss since Election Day as the rally that Wall Street got from last week’s victory for Donald Trump and […]
President of Kentucky plant that exploded says it is ‘accountable’ for neighborhood damages
The president of a Kentucky plant that exploded earlier this week says the company is accountable and will pay damages to neighbors affected by the […]
Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink
U.S. stocks fell to their worst loss since Election Day as the boost that Wall Street got from last week’s victory for Donald Trump and […]
GM lays off about 1,000 workers, cutting costs to compete in crowded auto market
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market
Retail sales up solidly in October as Americans showed continued willingness to spend
Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth
MLBPA, FanDuel settle lawsuit over alleged improper use of name, image and likeness
A commercial affiliate of the Major League Baseball Players Association has settled a lawsuit with FanDuel over the alleged unauthorized use of the names and […]
Moody’s downgrades Mexican government’s outlook to ‘negative’ over weakening of judiciary and debt
Mexico’s president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”
Trump names Interior-designee Doug Burgum to head new White House council on energy
President-elect Donald Trump said Friday that North Dakota Gov. Doug Burgum, Trump’s choice to head the Interior Department, will also head a newly created National […]
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip
Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality workers walked off the job […]
Ford recalls pickup trucks over potential rearview camera issue
Ford is recalling nearly 25,000 trucks because of a problem that could make the rearview camera system malfunction. The automaker said water “may enter the Tailgate […]
Exxon Mobil profit tops Street in 3rd quarter, helped by Pioneer Natural acquisition
Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition
IRS announces pension and retirement plan contribution adjustments for 2025
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024
Dutch junior finance minister quits after questions over his personal investments
The Dutch junior minister for finance has quit following criticism of his refusal to publish details of his personal investments
Next Week: Trade balance, Fed policy meeting, consumer credit
The Commerce Department releases its monthly snapshot of the nation’s trade gap Tuesday
Financial market worries over the UK budget appear to ease
Worries about this week’s tax-raising U.K. budget within financial markets appear to have eased with the interest rates charged on British debt steadying and the […]
Two charged in Nashville jewelry store robbery: over $1 million in gold, jewelry
Two people have been charged after allegedly swiping over $1 million in gold and jewelry during a recent Nashville, Tennessee, jewelry store heist. The alleged […]
IRS increases 401(k), other retirement plan contribution limits for 2025
The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and other retirement plans to account […]
Wendy’s closing 140 more restaurants as part of push to update its locations
Wendy’s plans to close 140 U.S. restaurants before the end of this year on top of the 100 it said it would close in May