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News Articles: Business

Elon Musk arrives before a joint meeting of Congress at the Capitol in Washington in July.

Tagged as: 

  • Technology

New records show Texas judge on X case didn't sell his Tesla shares after taking the suit

The judge, Reed O’Connor, in Fort Worth, Texas, has rejected calls for him to step down from the high-profile case Musk filed against Media Matters, a watchdog group.

October 17, 2024
|
By:
  • Bobby Allyn
Federal regulators have finalized the "click to cancel" rule for memberships and subscriptions.

Tagged as: 

  • Business

Canceling subscriptions has to be as easy as signing up, the FTC says in a new rule

The "click-to-cancel" rule, now finalized by the Federal Trade Commission, aims to make it easier to cancel subscriptions and memberships. Companies argue that the agency overstepped its authority.

October 17, 2024
|
By:
  • Alina Selyukh
A sampling of some of the hundreds of ready-to-eat products affected by the BrucePac recall, according to the USDA.

Tagged as: 

  • National

Millions of pounds of meat are being recalled. Here's what to look for in your fridge

Over 11 million pounds of ready-to-eat meat and poultry were recalled over listeria concerns, affecting salads, wraps, frozen meals and more from popular chains like Target, Trader Joe's and Walmart.

October 17, 2024
|
By:
  • Rachel Treisman
People work inside the TikTok Inc. building in Culver City, Calif., on March 11.

Tagged as: 

  • Technology

Inside the TikTok documents: Stripping teens and boosting 'attractive' people

A trove of secret documents show teens’ increasing reliance on TikTok and how executives were acutely aware of the potential harm the app can cause young people, but appeared unconcerned.

October 16, 2024
|
By:
  • Bobby Allyn,
  • Sylvia Goodman,
  • and 1 more
Clark County Public Administrator Robert Telles (right) talks to Las Vegas Review-Journal reporter Jeff German in his Las Vegas office on May 11, 2022.

Tagged as: 

  • National

Former county official gets at least 28 years in prison for killing Las Vegas reporter

Robert Telles, a former Las Vegas-area official, was sentenced for killing Jeff German, who wrote articles critical of his conduct in office and exposed an intimate relationship with a coworker.

October 16, 2024
|
By:
  • The Associated Press
Fox Sports lead NFL analyst Tom Brady stands on the field before a game between the Detroit Lions and the Dallas Cowboys in Arlington, Texas, on Sunday. The former NFL star quarterback has purchased a minority stake in the Las Vegas Raiders.

Tagged as: 

  • Sports

Tom Brady is now a part owner of the Las Vegas Raiders

The seven-time Super Bowl champion purchased a minority stake in the Las Vegas Raiders, a deal unanimously approved by NFL team owners at the league's annual fall meeting.

October 16, 2024
|
By:
  • The Associated Press
Walgreens said Tuesday it would close 1,200 stores. Rival drugstore chain CVS recently laid off thousands of employees to cut costs.

Tagged as: 

  • Business

CVS and Walgreens are ailing. Here’s why

America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives.

October 16, 2024
|
By:
  • Alina Selyukh
Tyra Banks walks the runway during the Victoria's Secret Fashion Show on Tuesday in Brooklyn, N.Y. — her first time doing so since 2005.

Tagged as: 

  • Business

After 6 years, the Victoria's Secret fashion show brings big names back to its runway

After weathering a series of controversies, the lingerie company's first official show since 2018 featured iconic Angels like Adriana Lima and Tyra Banks, plus debuts by Ashley Graham and Kate Moss.

October 16, 2024
|
By:
  • Rachel Treisman and
  • Alana Wise
Lufthansa aircraft are pictured in Frankfurt, Germany, in March. The airline has agreed to pay a $4 million civil rights penalty by the U.S. Department of Transportation.

Tagged as: 

  • Religion

Lufthansa agrees to a record $4 million fine for its treatment of Jewish passengers

The German airline barred 128 Jewish passengers from their May 2022 connecting flight based on the alleged misconduct of a few. The U.S. government considers that discrimination; Lufthansa disagrees.

October 15, 2024
|
By:
  • Rachel Treisman
President Barack Obama stands with Lilly Ledbetter before signing the Lilly Ledbetter Fair Pay Act during an event in the East Room of the White House on Jan. 29, 2009.

Tagged as: 

  • Obituaries

Lilly Ledbetter, the activist who inspired Fair Pay Act, dies at 86

Lilly Ledbetter, a supervisor at a Goodyear tire plant in Alabama, discovered she was receiving less pay than men who worked the same position. Her case led to a monumental law on pay equity.

October 15, 2024
|
By:
  • Chandelis Duster
Walgreens will close 1,200 stores over three years, the company announced on Tuesday.

Tagged as: 

  • Business

Walgreens will close 1,200 stores, hoping for a turnaround

Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail competition and lower prescription payouts.

October 15, 2024
|
By:
  • Alina Selyukh
Daron Acemoglu, Simon Johnson and James Robinson were awarded the Nobel Prize in Economics for their research on the institutional roots of national wealth and poverty.

Tagged as: 

  • Business

Nobel Prize goes to 3 economists who study the wealth and poverty of nations

The award is shared by Daron Acemoglu and Simon Johnson of MIT and James Robinson of the University of Chicago for their research on the institutional roots of national wealth and poverty. They will split the prize money of 11 million Swedish krona or about $1.058 million.

October 15, 2024
|
By:
  • Scott Horsley
Tim Latimer, CEO of Fervo Energy, at one of the company's enhanced geothermal drill rigs in Beaver County, Utah

Tagged as: 

  • National

Petroleum drilling technology is now making carbon-free power

A new technique for harvesting geothermal energy being pioneered in Utah has passed a significant milestone: Southern California Edison has contracted for enough of the energy to power 400,000 homes.

October 15, 2024
|
By:
  • David Condos
Academy of Sciences permanent secretary Hans Ellegren (C), Jakob Svensson (L) and Jan Teorell of the Nobel Assembly sit in front of a screen displaying the laureates (L-R) Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson of the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel during the announcement by the Royal Swedish Academy of Sciences in Stockholm, Sweden on October 14, 2024. (Photo by Christine Olsson/TT / TT NEWS AGENCY / AFP) / Sweden…

Tagged as: 

  • Economy

A Nobel prize for an explanation of why nations fail

A trio of economists just won a Nobel prize for their insights into how democratic and other inclusive institutions are critical for a nation’s prosperity.

October 15, 2024
|
By:
  • Greg Rosalsky
People walk past a 7-Eleven convenience store in New York City on Wednesday. The company plans to shut down 444 stores across North America to recoup costs lost to inflation, a drop in store traffic and declining cigarette sales.

Tagged as: 

  • Business

7-Eleven to close over 400 stores in North America

The ubiquitous convenience store owed its recent revenue drops to inflation, declining cigarette sales and a shift in palates toward fresh food and specialty drinks.

October 13, 2024
|
By:
  • Emma Bowman
  • Load More

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