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News Articles: Business

A JetBlue Airways Airbus A320 (left) passes a Spirit Airlines Airbus A320 as it taxis on the runway on July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. The Biden administration wants to block JetBlue from buying Spirit, saying the deal would reduce competition and hurt travelers.

Tagged as: 

  • Business

DOJ sues to block JetBlue-Spirit merger, saying it will curb competition

The Biden administration sued on Tuesday to block the $3.8 billion purchase, saying the deal would reduce competition and drive up air fares for consumers.

March 08, 2023
|
By:
  • David Schaper
A vial of the Moderna's COVID-19 vaccine, Bivalent. Though the shots are free to pretty much anyone who wants one in the U.S. as long as federal stockpiles hold out, the next update of the vaccine might be costly for some people who lack health insurance.

Tagged as: 

  • Health

Moderna's COVID vaccine gambit: Hike the price, offer free doses for uninsured

Once U.S. stockpiles of COVID-19 vaccine run out, Moderna says it might charge as much as $130 per dose, but give people who lack health insurance a break. Critics say that's not enough help.

March 08, 2023
|
By:
  • Sydney Lupkin
Tesla and SpaceX CEO Elon Musk speaks at the SATELLITE Conference and Exhibition, March 9, 2020, in Washington.

Tagged as: 

  • Business

Elon Musk apologizes after mocking laid-off Twitter employee with disability

The billionaire owner of Twitter apologized after publicly questioning a Twitter employee's query about whether he had been laid off and speaking dismissively of that employee's disability.

March 08, 2023
|
By:
  • The Associated Press
Federal Reserve Chair Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill in Washington, D.C., on Tuesday. Powell warned the fight against inflation still has "a long way to go," sending stock markets lower.

Tagged as: 

  • Economy

Federal Reserve Chair Jerome Powell warns inflation fight will be long and bumpy

Speaking before the Senate Banking Committee, Powell warned the central bank may have to raise interest rates even more, sending stock markets sharply lower.

March 07, 2023
|
By:
  • Scott Horsley
Walgreens announced last week that it'd stop selling mifepristone, a popular abortion pill, in red states. California Gov. Gavin Newsom says his state will cut ties with the pharmacy giant after the move.

Tagged as: 

  • National

California will cut ties with Walgreens over the company's plan to drop abortion pills

California Gov. Gavin Newsom said that the state would halt business with Walgreens after the pharmacy giant agreed to stop distributing mifepristone in some red states amid legal pressure.

March 07, 2023
|
By:
  • Emily Olson
Barnes & Noble opened this new store in Pikesville, Md., as it began its biggest expansion in years.

Tagged as: 

  • Business

How Barnes & Noble turned a page, expanding for the first time in years

After years on the brink, the bookseller is going for a plot twist: Sales are growing and the chain plans to open some 30 new stores. Here's what's changed.

March 07, 2023
|
By:
  • Alina Selyukh
Chinese State Councilor and Secretary-General of the State Council Xiao Jie bows to delegates before delivering a speech during the second plenary session of the National People's Congress at the Great Hall of the People in Beijing on Tuesday.

Tagged as: 

  • Asia

China is restructuring key government agencies to outcompete rivals in tech

China is proposing to overhaul its science, technology and finance regulators as part of a stiff competition with rivals while also tamping down risk at home.

March 07, 2023
|
By:
  • Emily Feng

Tagged as: 

  • Your Money

Why we usually can't tell when a review is fake

Is that review real or fake? Most of us can't tell

March 07, 2023
|
By:
  • Paddy Hirsch
Marcus and Allyson Ward were paying off a debt dating back to the birth of their twins, Theo and Milo. They are among 100 million Americans with medical debt, according to a KHN/NPR investigation.

Tagged as: 

  • Health

Medical debt affects millions, and advocates push IRS, consumer agency for relief

More than 50 consumer and patient groups want the Biden Administration to aggressively protect Americans from medical bills and debt collectors. The effort follows a KHN/NPR investigation.

March 07, 2023
|
By:
  • Noam Levey
Visitors walk along Main Street at Walt Disney World's Magic Kingdom in September 2022. Last week, Florida Gov. Ron DeSantis signed a bill to move Disney World's special tax district under quasi-government control.

Tagged as: 

  • Politics

5 DeSantis allies now control Disney World's special district. Here's what's next

A parents' rights activist, a Christian nationalist and three lawyer donors now have control over Walt Disney World's development capabilities, thanks to a bill signed by Florida Gov. Ron DeSantis.

March 06, 2023
|
By:
  • Emily Olson
TikTok says every account held by a user under the age of 18 will automatically be set to a 60-minute daily screen time limit in the coming weeks.

Tagged as: 

  • Mental Health

TikTok to limit the time teens can be on the app. Will safeguards help protect them?

NPR's A Martinez talks to psychologist Jelena Kecmanovic, who specializes in tween and teens and social media use, about TikTok's changes that are meant to help teens limit their screen time.

March 06, 2023
|
By:
  • Simone Popperl
Posters bearing the images of Bret Baier, Martha MacCallum, Tucker Carlson, Laura Ingraham and Sean Hannity, from left, adorn the front of Fox Corp.'s headquarters in New York City. The stars' panic as viewers fled after the 2020 elections has become a core element of a $1.6 billion defamation suit against Fox.

Tagged as: 

  • Media

Fox News stands in legal peril. It says defamation loss would harm all media

Could Fox News lose a $1.6 billion lawsuit? Outside media lawyers say the network is in real legal jeopardy if the case goes to trial next month. Fox argues a loss would hurt other news outlets too.

March 06, 2023
|
By:
  • David Folkenflik
People shop at a mall in Houston.

Tagged as: 

  • Business

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

March 06, 2023
|
By:
  • Alina Selyukh
A Toblerone chocolate bar, pictured with the Matterhorn in the background. The company will replace the iconic peak on its label with a more generic mountain as a result of manufacturing changes.

Tagged as: 

  • Food

Toblerone is no longer Swiss enough to feature the Matterhorn on its packaging

Toblerone is moving some of its production to Slovakia, meaning it can no longer legally call itself "Swiss-made." That branding change will include swapping the iconic peak for a more generic one.

March 06, 2023
|
By:
  • Rachel Treisman
The ExxonMobil Baton Rouge complex, pictured in 2016, was the site where five nooses were found, the EEOC alleges.

Tagged as: 

  • Business

A U.S. federal agency is suing Exxon after 5 nooses were found at a Louisiana complex

The U.S. Equal Employment Opportunity Commission filed a lawsuit against ExxonMobil saying the company failed to take action to prevent a racially hostile work environment.

March 05, 2023
|
By:
  • Giulia Heyward
  • Load More

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