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News Articles: Business

The David's Bridal shop is shown Nov. 19, 2018, in Tampa, Fla. David's Bridal filed for bankruptcy protection Monday, April 17, 2023 the second time that the firm has sought such protection in the last five years.

Tagged as: 

  • Business

David's Bridal files for bankruptcy for the second time in 5 years

CEO James Marcum said the COVID-19 pandemic has greatly impacted its finances. During that time, the company was still spending on rent on its brick and mortar stores and factories were shut down.

April 18, 2023
|
By:
  • Ayana Archie
Camel cigarettes, manufactured by Reynolds American, are displayed at a tobacco shop in San Francisco in July 2014. Reynolds was one of the tobacco companies to voluntarily adopt child labor policies that exceed the requirements of U.S. law.

Tagged as: 

  • Business

12-year-olds can't buy cigarettes — but they can work in tobacco fields

Child labor rules in agriculture are looser than those in other industries, even for tasks that are dangerous. For all tobacco laborers, but especially kids, the work can cause nicotine poisoning.

April 17, 2023
|
By:
  • Kaitlyn Radde
A person walks past the Fox News Headquarters in New York on April 12.

Tagged as: 

  • Media

Judge prepares for start of Dominion v. Fox trial amid settlement talks

Delaware Superior Court Judge Eric M. Davis told a courtroom on Monday that he's still preparing for the blockbuster trial to start Tuesday, even as both sides engaged in settlement talks.

April 17, 2023
|
By:
  • David Folkenflik and
  • Mary Yang
A person walks past the Fox News Headquarters in New York on April 12.

Tagged as: 

  • Media

The $1.6 billion Dominion v. Fox News trial starts Tuesday. Catch up here

Dominion Voting Systems is suing Fox News and its parent company Fox Corp. for knowingly airing false claims that its machines rigged the 2020 election against then-President Donald Trump.

April 17, 2023
|
By:
  • Mary Yang
A Dominion Voting logo appears on a voting machine as it is tested while Clark County Election Department workers set up a polling place in Las Vegas last year.

Tagged as: 

  • Media

The math behind Dominion Voting System's $1.6 billion lawsuit against Fox News

If Dominion prevails in its massive defamation suit against Fox News, a big challenge for the voting tech company will be to demonstrate that it deserves more than $1 billion in damages.

April 17, 2023
|
By:
  • Bente Birkeland
Marlin Steel Wire Products, a Baltimore-based maker of wire racks and baskets, seen here on March 22, 2023. The company saw a surge of demand during COVID-19, which snarled supply chains for competitors overseas.

Tagged as: 

  • Politics

Biden bets big on bringing factories back to America, building on some Trump ideas

President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.

April 17, 2023
|
By:
  • Asma Khalid
Tesla cars sit on a lot in Chicago on March 28, 2022. A $7,500 tax credit for purchasers of new electric vehicles is changing again after the U.S. unveiled new guidelines that will impact the list of car models that qualify.

Tagged as: 

  • Your Money

The U.S. just updated the list of electric cars that qualify for a $7,500 tax credit

Starting on Tuesday, a $7,500 tax credit will shrink or disappear for some vehicles, but popular models like the Chevy Bolt, F-150 Lightning and Tesla Model Y are still eligible for the full amount.

April 17, 2023
|
By:
  • Camila Domonoske
Bottles of prescription pills go through an automated packaging machine in a pharmacy plant. The Supreme Court on Tuesday hears a case that considers whether pharmacies knowingly overcharged Medicare and Medicaid under the False Claims Act.

Tagged as: 

  • Law

Supreme Court looks at whether Medicare and Medicaid were overbilled under fraud law

Arguments on Tuesday center on a powerful tool for fighting fraud in government contracts and programs. The case examines whether major pharmacies knowingly overcharged Medicare and Medicaid.

April 17, 2023
|
By:
  • Nina Totenberg
At nearly 400 feet tall, Starship is the largest rocket to ever fly. SpaceX hopes it can become a vehicle for interplanetary travel.

Tagged as: 

  • Space

SpaceX prepares to launch its mammoth rocket 'Starship'

Starship is the largest rocket ever built. The company hopes it will one day take people to the moon and Mars. But first it has to fly.

April 16, 2023
|
By:
  • Geoff Brumfiel
Montana lawmakers on Friday passed a bill to ban TikTok over the app's suspected connections to the Chinese government.

Tagged as: 

  • Technology

Montana becomes 1st state to approve a full ban of TikTok

Montana's bill goes farther than bans in nearly half of the states that target devices on state-issued devices. Instead, Montana's legislation makes it illegal for anyone to download TikTok.

April 15, 2023
|
By:
  • Bobby Allyn
<em>Love in the Library</em>, a children's book written by Maggie Tokuda-Hall and illustrated by Yas Imamura, is a love story about finding hope in a dire setting: an internment camp where the U.S. detained Japanese Americans during World War II.

Tagged as: 

  • Books

Scholastic wanted to license her children's book — if she cut a part about 'racism'

Maggie Tokuda-Hall was thrilled when the publishing powerhouse approached her to feature her book about a love story set in an internment camp during WWII. Then she read what the deal would involve.

April 15, 2023
|
By:
  • Emma Bowman
GPB News NPR

Tagged as: 

  • Economy

An indicator that often points to recession could be giving a false signal this time

There is an economic indicator that has predicted every recession since 1969, and it is flashing red right now. It's called the yield curve. But this time, it might be wrong.

April 14, 2023
|
By:
  • Darian Woods and
  • Adrian Ma
UNITED STATES - CIRCA 1950s: Couple in kitchen. Women in opposite-sex marriages may be contributing more to their families' income, but they're also still shouldering more of the workload at home, according to a new report.

Tagged as: 

  • Business

Women are earning more money. But they're still picking up a heavier load at home

A new Pew Research Center report finds that in opposite-sex marriages in the U.S., women's financial contributions have grown, but they're still doing a larger share of housework and caregiving.

April 14, 2023
|
By:
  • Andrea Hsu
A patient prepares to take mifepristone during a visit to an abortion provider in Kansas City, Kan., in October. A federal judge's preliminary injunction invalidating the FDA's approval of the common abortion medication could have far-reaching effects if it's allowed to stand.

Tagged as: 

  • Health

The pharmaceutical industry urges courts to preserve access to abortion pill

As the debate over mifepristone makes its way to the Supreme Court, the pharmaceutical industry has raised concerns that ruling against the FDA could chill the development of new drugs.

April 14, 2023
|
By:
  • Becky Sullivan
San Francisco Police chief Bill Scott provides an update on the homicide investigation of Robert Lee during a news on Thursday as Mayor London Breed (left) and city District Attorney Brooke Jenkins look on.

Tagged as: 

  • National

A tech consultant is arrested in the killing of Cash App founder Bob Lee

Nima Momeni was booked on suspicion of murder in Lee's stabbing death last week in San Francisco. Police declined to give details on how they linked the death to Momeni or how the men knew each other.

April 13, 2023
|
By:
  • The Associated Press
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