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News Articles: Business

Pharrell Williams poses at the Grammy Awards in Los Angeles earlier this month.

Tagged as: 

  • Arts & Life

Pharrell Williams succeeds Virgil Abloh as the head of men's designs at Louis Vuitton

The singer, producer and designer has a long history of working with fashion brands — as well as big shoes to fill. Williams' first Louis Vuitton collection will debut at Men's Fashion Week in June.

February 15, 2023
|
By:
  • Rachel Treisman
The U.S. Capitol Building is seen on Jan. 19, 2023.

Tagged as: 

  • Business

The U.S. could run out of cash to pay its bills between July and September

If Congress fails to raise the nation's $31.4 trillion debt ceiling, the U.S. government could run out of cash between July and September, or even sooner, the Congressional Budget Office said.

February 15, 2023
|
By:
  • Avie Schneider

Tagged as: 

  • News

Coca-Cola sees slower growth ahead as price hikes moderate

Coca-Cola said higher prices didn’t hurt demand for its drinks in the fourth quarter, but it expects slower growth ahead as inflation cools and price increases moderate.

February 15, 2023
|
By:
  • Associated Press
In 2018, Garret Morgan (center) was training as an ironworker near Seattle. Five years later, he says he made the right career choice: "I'm loving it every day."

Tagged as: 

  • Education

High-paying jobs that don't need a college degree? Thousands of them sit empty

Trade jobs that require less education, at much lower cost, sit empty. But many parents remain wary of programs that don't lead to a four-year degree.

February 15, 2023
|
By:
  • Jon Marcus
Squarespace's<a href="https://www.youtube.com/watch?v=lIf27sHt2QA"> "The Singularity"</a> ad featured many (many) Adam Drivers.

Tagged as: 

  • Pop Culture

Super Bowl commercials, from Adam Driver(s) to M&M candies; the hits and the misses

Advertisers spent up to $7 million for every 30 seconds of airtime during Super Bowl LVII. Here's a sampling of what worked – and didn't – in the most expensive ad showcase on American television.

February 15, 2023
|
By:
  • Eric Deggans
The amount of time people spend in meetings tripled in the pandemic, Microsoft found in one study. Now, companies are looking at ways to cut back.

Tagged as: 

  • Business

Shopify deleted 322,000 hours of meetings. Should the rest of us be jealous?

The pandemic had an unexpected side effect: peak meeting misery. With Shopify's radical announcement last month, the working world wants to know if a future without meetings is even possible.

February 15, 2023
|
By:
  • Andrea Hsu and
  • Stacey Vanek Smith
Fox News and its parent company are being sued for defamation over false claims of election fraud following the 2020 election. Above, logos for Fox News Media's growing portfolio of brands adorn its corporate headquarters in New York City.

Tagged as: 

  • Media

Meet the judge deciding the $1.6 billion defamation case against Fox News

Delaware Judge Eric M. Davis, known for his poker face, is overseeing both Dominion Voting Systems' lawsuit against Fox News and a similar case against the conservative TV network Newsmax.

February 15, 2023
|
By:
  • Karl Baker and
  • David Folkenflik
Smoke rises from a derailed cargo train in East Palestine, Ohio, on Feb. 4.

Tagged as: 

  • Environment

Health concerns grow in East Palestine, Ohio, after train derailment

Air monitoring continues in East Palestine after the crews released a number of toxic chemicals in what officials called a "controlled explosion" last week.

February 14, 2023
|
By:
  • Juliana Kim
Sen. Richard Blumenthal, D-Conn., listens to testimony during a September 2021 hearing about kid's online safety for a Senate Subcommittee on Consumer Protection, Product Safety, and Data Security.

Tagged as: 

  • Technology

Senators talk about upping online safety for kids. This year they could do something

During a Senate Judiciary Committee hearing, lawmakers blasted tech companies that they said do little to keep kids safe from bullying, addiction and "rabbit holes of dangerous material."

February 14, 2023
|
By:
  • Dara Kerr
Mattel released a preview of Barney's new animated look on Monday, alongside news that the dinosaur would star in a new global series in 2024.

Tagged as: 

  • Pop Culture

Barney the purple dinosaur is coming back with a new show — and a new look

Barney, the big purple dinosaur with a preschool following, will be returning to TV in 2024 with a new animated series, according to Mattel. A new film, toys and adult apparel are also in the works.

February 14, 2023
|
By:
  • Emily Olson
Rob and Chris Palliser own Scott's Flowers, a Manhattan based flower shop, with their brother. Valentine's Day is the biggest day of the year for their business.

Tagged as: 

  • Business

20,000 roses, inflation and night terrors: the life of a florist on Valentine's Day

It's the biggest day of the year for the $8 billion global flower industry, but it's not all that profitable. Why? Blame the roses.

February 14, 2023
|
By:
  • Stacey Vanek Smith
The new Airbus A320neo takes off for its first test flight at Toulouse-Blagnac airport in southwestern France on Sept. 25, 2014. The owner of Air India announced a deal Tuesday to buy 250 Airbus jets, including A350 wide-body planes and A320neo single-aisle planes in a deal worth billions of dollars.

Tagged as: 

  • Business

As its ambitions soar, Air India orders 470 Boeing and Airbus aircraft

India's second-largest domestic carrier placed orders for 220 Boeing aircraft valued at $34 billion and 250 Airbus planes in a separate deal that could be worth tens of billions of dollars.

February 14, 2023
|
By:
  • The Associated Press
Gas is pumped into a vehicle at a gas station in Miami on Jan. 23, 2023. A rise in gas prices caused inflation to increase in January when compared to December. Gas prices remain volatile, making the outlook for inflation more uncertain.

Tagged as: 

  • Economy

Inflation eased again in January – but there's a cautionary sign

Annual inflation cooled in January for the seventh month in a row. But price increases accelerated between December and January, fueled by rising shelter, food and gasoline prices.

February 14, 2023
|
By:
  • Scott Horsley
Paul Davis is a retired physician in Findlay, Ohio, who gets weekly treatments of the drug Kimmtrak to help stave off the progression of his rare cancer — uveal melanoma. He worries the accumulating cost of the drug — nearly $50,000/week if he has to pay it out of pocket — could saddle his family with crushing medical debt after he's gone.

Tagged as: 

  • Health

Nearly $50,000 a week for a cancer drug? A man worries about bankrupting his family

Medicare suddenly stopped paying for the pricey drug that prolongs his life. As he waits for an appeal, this retired physician wonders if he should give up treatment to spare his family the cost.

February 14, 2023
|
By:
  • Fred Schulte
An Adidas store stands in Manhattan on October 25, 2022, in New York City. The company is facing big losses after terminating its relationship with Kanye West.

Tagged as: 

  • Business

Adidas is looking to repurpose unsold Yeezy products. Here are some of its options

Retail experts say Yeezys will be particularly difficult to resell given their distinct design and damaged reputation. But not doing so could cost Adidas up to 500 million euros.

February 13, 2023
|
By:
  • Juliana Kim
  • Load More

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