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News Articles: Business

Federal Trade Commission Chair Lina Khan is leading a sweeping lawsuit against Amazon for allegedly abusing its market dominance to stifle competition.

Tagged as: 

  • Business

FTC Chair Lina Khan's lawsuit isn't about breaking up Amazon, for now

The FTC's Lina Khan speaks to NPR about the goals of the agency's monopoly lawsuit against Amazon and why she thinks the company unfairly treats sellers on its marketplace.

September 28, 2023
|
By:
  • Dara Kerr
A sign is posted in front of a McDonald's restaurant on April 3 in San Pablo, Calif.

Tagged as: 

  • Business

A woman is suing McDonald's after being burned by hot coffee. It's not the first time

Mable Childress, 85, suffered burns after McDonald's coffee spilled on her in June. Her experience is similar to the famous case of Stella Liebeck, who also sued the fast-food giant.

September 28, 2023
|
By:
  • Joe Hernandez
Shown is the aftermath of a ransacked liquor store in Philadelphia on Wednesday.

Tagged as: 

  • Business

Dozens of people arrested in Philadelphia after stores are ransacked across the city

Dramatic scenes of large-group smash-and-grabs have been documented across the U.S. in recent years, but it's unclear whether such crimes are actually increasing.

September 27, 2023
|
By:
  • Joe Hernandez
GPB  NPR

Tagged as: 

  • Economy

How profit sharing became a key issue for United Auto Workers strikes

NPR's Mary Louise Kelly speaks with journalist Micheline Maynard, about how high profits for major automakers over the past decade have become a central issue in the United Auto Workers strike.

September 27, 2023
|
By:
  • Noah Caldwell,
  • Adam Raney,
  • and 1 more
Amazon delivery trucks are parked in Richmond, Calif., on June 21.

Tagged as: 

  • Business

U.S. sues Amazon in a monopoly case that could be existential for the retail giant

The Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers.

September 27, 2023
|
By:
  • Alina Selyukh
Hyundai and Kia are recalling more than 3 million vehicles due to the risk of fire in the engine compartments. Twenty-three separate models are included in the recall, including the 2011 Kia Sorento, seen above at the Los Angeles Auto Show in 2009.

Tagged as: 

  • Business

Kia and Hyundai recall more than 3 million vehicles due to the risk of fire

More than 1.6 million Hyundais and 1.7 million Kias are at risk of engine compartment fires. Owners of the affected vehicles are urged to park them outside and away from homes and buildings.

September 27, 2023
|
By:
  • Ayana Archie
GPB  NPR

Tagged as: 

  • Law

The U.S. government files an antitrust lawsuit against Amazon

In a monopoly lawsuit, the Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers.

September 27, 2023
|
By:
  • Michel Martin and
  • Alina Selyukh
The waters of the Ha' Kamwe' hot springs are healing and sacred, says Ivan Bender, the caretaker of the Cholla Canyon Ranch, which belongs to the Hualapai Tribe. Less than a hundred yards away, an Australian mining company called Arizona Lithium has been exploring for lithium.

Tagged as: 

  • Climate

The U.S. needs minerals for green tech. Will Western mines have enough water?

As the U.S. plans new mines for copper, lithium and other metals to use in green technologies, mining projects in the West could threaten scarce water supplies.

September 26, 2023
|
By:
  • Julia Simon
This March 28, 2017, photo provided by the New York State Sex Offender Registry shows Jeffrey Epstein. JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled Epstein's sex trafficking.

Tagged as: 

  • Business

JPMorgan to pay $75 million over claims it enabled Jeffrey Epstein's sex trafficking

The Virgin Islands had argued that JPMorgan had been complicit in Epstein's behavior and did not raise any red flags to law enforcement or bank regulators about Epstein being a "high risk" customer.

September 26, 2023
|
By:
  • The Associated Press
Customers at SolDias ice cream shops in Texas are encouraged to pay with cash instead of credit cards. Owner Victor Garcia is backing a legislative effort that aims to lower credit card processing fees through increased competition.

Tagged as: 

  • Economy

Why many business owners would love it if you stopped using your credit card

The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.

September 26, 2023
|
By:
  • Scott Horsley
US-British economist Angus Deaton speaks at a press conference after winning the Nobel Prize for Economics at Princeton University in Princeton, New Jersey, on October 12, 2015.

Tagged as: 

  • Economy

A Nobel prize-winning immigrant's view on American inequality

In a new book, Nobel Prize-winning economist Angus Deaton offers a scathing critique of American politics and economic policy.

September 26, 2023
|
By:
  • Greg Rosalsky
Autoworkers at Mercedes plant in Vance, Ala., assemble an all-electric SUV.

Tagged as: 

  • Business

Here's one potential winner from the UAW strike: Non-union auto workers in the South

If the UAW strike leads to a win for the union, southern auto workers believe that will lead to a pay up at plants like Nissan and Mercedes.

September 25, 2023
|
By:
  • Stephan Bisaha
The Perdue Farms chicken and poultry processing factory in Salisbury, Md., pictured on May 2, 2020.

Tagged as: 

  • Business

Perdue Farms and Tyson Foods under federal inquiry over reports of illegal child labor

The Labor Department launched investigations into the two major poultry producers after reports that migrant children as young as 13 have been working overnight shifts to clean the companies' plants.

September 25, 2023
|
By:
  • Juliana Kim
UAW workers picket outside of the Stellantis Mopar parts facility in Naperville, Ill., on Sept. 22, 2023. The UAW strike against Big Three automakers may not have much of an impact on car shoppers, though that could change.

Tagged as: 

  • Business

How the UAW strikes could impact car shoppers

Historic as the UAW strikes may be, analysts say the actions are unlikely to impact car prices too much — for now. A new strike on parts distribution centers, however, could sting.

September 25, 2023
|
By:
  • Camila Domonoske
Mill Creek Residential

Tagged as: 

  • News

Suburbs surpass Atlanta in rental market competitivity, per new study

As peak rental season nears a close, new supply added over the course of the pandemic has helped ease apartment searching for prospective renters and current residents in the metro Atlanta area, making the city less competitive for tenants compared to others like it.

September 25, 2023
|
By:
  • Janelle Ward
  • Load More

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