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News Articles: Business

FILE - Carlos Watson leaves Brooklyn federal court after testifying in his own defense in New York, July 1, 2024.

Tagged as: 

  • Business

Carlos Watson gets nearly 10 years in prison in case about failed startup Ozy Media

Watson, 55, and the now-defunct company were found guilty last summer of charges including wire fraud conspiracy. He has denied the allegations and plans to appeal.

December 17, 2024
|
By:
  • The Associated Press
Suspect Luigi Mangione is taken into the Blair County Courthouse on Dec. 10 in Hollidaysburg, Pa.

Tagged as: 

  • National

Luigi Mangione is charged with murder as an act of terrorism in CEO's death

The man accused of killing UnitedHealthcare's CEO has been charged with murder as an act of terrorism. The indictment could help move along procedural steps toward extraditing the suspect.

December 17, 2024
|
By:
  • The Associated Press
Matthew Atha does steel work at Ironworkers Local 29 during an apprenticeship in Dayton, Ohio.

Tagged as: 

  • Education

Apprenticeships are a trending alternative to college — but there's a hitch

Apprenticeships are becoming a popular alternative to college as a career path. But demand is outpacing the supply of employers who offer them.

December 17, 2024
|
By:
  • Jon Marcus
A roaster holds coffee beans ready to be ground. The cost of raw, or green, coffee has soared following a drought in top-grower Brazil.

Tagged as: 

  • Business

Coffee prices are higher than ever. Here's what it means for your cup

Droughts in top coffee-growing countries have shrunk the supply of beans. Supermarket brands like Nescafé and Folgers have already raised prices — but the world keeps drinking more and more coffee.

December 17, 2024
|
By:
  • Alina Selyukh
The TikTok Inc. building is seen in Culver City, Calif., on March 17, 2023.

Tagged as: 

  • News

TikTok asks Supreme Court for an emergency order to block a U.S. ban unless it's sold

A similar plea was filed by content creators who rely on the platform for income and some of TikTok's more than 170 million users in the U.S.

December 17, 2024
|
By:
  • The Associated Press
Holiday medicine

Tagged as: 

  • Health

How the holidays could be affecting your medical care

A new study suggests that holidays can affect your provider's decision making.

December 17, 2024
|
By:
  • Greg Rosalsky
The Netflix reality series <em>Love Is Blind</em> cast sees singles match up after days of dating while separated by a wall. The National Labor Relations Board says the show's cast members should be considered employees.

Tagged as: 

  • Business

'Love Is Blind' cast are employees, labor board says. Could a reality TV union be next?

The case could have big implications for what glues reality show fans to the tube. A pending ruling, whatever the outcome, would set a precedent that other unscripted TV cast members could follow.

December 17, 2024
|
By:
  • Emma Bowman
The Biden administration's overtime rule would have expanded overtime protections to more than 4 million workers. A federal judge struck down the rule in November, finding the Labor Department had exceeded its authority.

Tagged as: 

  • Business

Biden's overtime rule was struck down. Now some workers are losing pay raises

The overtime rule would have made more than 4 million workers newly eligible to earn overtime on Jan. 1. Then a federal judge in Texas said the Biden administration had gone too far.

December 16, 2024
|
By:
  • Andrea Hsu
An Amazon fulfillment center in Bessemer, Ala. A Senate investigation found that Amazon workers were nearly twice as likely to be injured compared to workers at other warehouses in the industry.

Tagged as: 

  • Business

Amazon manipulated injury data to make warehouses appear safer, a Senate probe finds

A Senate committee investigation, led by Sen. Bernie Sanders, accused Amazon of risking worker safety for speed while manipulating injury data to make its warehouses seem safer than they are.

December 16, 2024
|
By:
  • Juliana Kim
A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership in Glendale, Calif., in August. Some car shoppers are hurrying to finalize EV purchases while they can still be certain to get a hefty federal tax incentive.

Tagged as: 

  • Business

The federal EV tax credit has an uncertain fate. What car shoppers should know

Currently, drivers can get a tax credit worth up to $7,500 for buying or leasing an EV. But the incoming administration promised to roll back those credits, which they consider wasteful spending.

December 16, 2024
|
By:
  • Camila Domonoske

Tagged as: 

  • News

Life Kit's most-read stories of 2024: Sleep myths, tipping etiquette, home design tricks

Comics, social etiquette and myth-busting stories ruled Life Kit in 2024. That includes guidance on what to do if a partner cheats — and how to tip at fast food joints.

December 16, 2024
|
By:
  • Malaka Gharib
Peter Elitzer, who runs a chain of discount clothing stores called Label Shopper, worries that tariffs will force him to raise prices, turning off already skittish shoppers.

Tagged as: 

  • Business

Trump's tariffs threat is dividing business owners across the country

Businesses are divided over Trump's plan to impose sweeping tariffs. Some companies welcome the protection from foreign competition, while others worry about rising costs and retaliation.

December 15, 2024
|
By:
  • Scott Horsley
President-elect Donald Trump, left, and Vice President-elect JD Vance attend the NCAA college football game between Army and Navy at Northwest Stadium in Landover, Md., on Saturday.

Tagged as: 

  • Politics

ABC agrees to give $15 million to Trump's presidential library to settle lawsuit

ABC News agreed to pay $15 million to Trump's presidential library to settle a lawsuit over George Stephanopoulos' inaccurate on-air assertion that Trump was found liable for raping E. Jean Carroll.

December 14, 2024
|
By:
  • The Associated Press
McKinsey and Company has agreed to pay $650 million to settle federal civil and criminal probes into alleged wrongdoing linked to "turbocharging" opioid sales on behalf of Purdue Pharma.

Tagged as: 

  • News

McKinsey & Company to pay $650 million for role in opioid crisis

The powerful consulting firm McKinsey will "accept responsibility" and pay $650 million for helping to fuel the opioid crisis, but executives will once again dodge prosecution.

December 13, 2024
|
By:
  • Brian Mann
From left to right, OpenAI CEO Sam Altman on Dec. 4 at <em>The</em> <em>New York Times</em> Dealbook Summit; Meta CEO Mark Zuckerberg on Feb. 27 in Tokyo; and Amazon CEO Jeff Bezos on Dec. 4 at <em>The</em> <em>New York Times</em> Dealbook Summit.

Tagged as: 

  • Business

Tech moguls Altman, Bezos and Zuckerberg donate to Trump's inauguration fund

The donations are seen as the latest example of tech moguls' changing stance toward the incoming president. During his first administration, Trump clashed with Bezos and Zuckerberg.

December 13, 2024
|
By:
  • Juliana Kim and
  • Bobby Allyn
  • Load More

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