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News Articles: Business

People walk by a Foot Locker store in Chicago.

Tagged as: 

  • Business

Dick's Sporting Goods is buying Foot Locker for $2.4 billion

Together, the two retailers will have to wade the choppy waters of new tariffs on imports, including footwear. And they'll face the growing competition from shoe brands selling directly to shoppers.

May 15, 2025
|
By:
  • Alina Selyukh
Warner Bros. Discovery says the streaming platform Max will rebrand to HBO Max — the name it had until 2023.

Tagged as: 

  • Business

Max will once again be HBO Max. Yes, it's aware of the irony

Max will become HBO Max again this summer, Warner Bros. Discovery said this week — two years after the name change that hasn't stuck. Here's what to know about the rebrand (and some others of note).

May 15, 2025
|
By:
  • Rachel Treisman
A selection of eye drops line a shelf at a pharmacy in Los Angeles in December 2023.

Tagged as: 

  • Health

AvKare recalls over-the-counter eye drops after FDA audit

Customers are encouraged to stop using several eye irritation products, including gels and artificial tears.

May 15, 2025
|
By:
  • Alana Wise
The Ford logo is seen above the entrance to the Ford Motor Company Kentucky Truck Plant in Louisville, Ky.

Tagged as: 

  • National

Ford recalls nearly 274,000 SUVs due to issues with loss of brake function

According to the National Highway Traffic Safety Administration, the front brake lines in the SUVs "may be in contact" with their engine air cleaner outlet pipe due to a potential installation defect.

May 15, 2025
|
By:
  • The Associated Press
Patricia Harrison is the president and CEO of the Corporation for Public Broadcasting, which is suing the Trump administration over the abrupt firing of three of its five board members.

Tagged as: 

  • Media

Under attack, public media makes its case to Congress and the courts

Nearly 200 officials from public radio stations across the country are descending on Capitol Hill to seek to convince lawmakers to maintain funding for public broadcasting despite President Trump's campaign against it.

May 15, 2025
|
By:
  • David Folkenflik
William's Fun Smart Toys in Macon.

Tagged as: 

  • News

Macon toy shop owner 'frustrated' over lack of clarity on tariffs

GPB's Peter Biello speaks with a small business owner in Macon about how she's planning for the uncertain future created by tariffs.

May 14, 2025
|
By:
  • Peter Biello
A television camera is viewed during an ESPN broadcast of a WNBA basketball game between the Connecticut Sun and the Minnesota Lynx on July 26, 2020, in Bradenton, Fla. ESPN is launching a new streaming service at $29.99 per month.

Tagged as: 

  • Media

ESPN's new streaming app could replace cable for some but may end up costing them more

ESPN says its subscription plan will cost $29.99 a month. An analyst says that, combined with subscriptions to other streaming services, could drive the cost up to the price of cable packages.

May 14, 2025
|
By:
  • Lydia Calitri
A security camera in front of a boarded up duplex at the Dogwood Terrace public housing complex in Augusta. The city's housing authority is moving forward with a years-long plans to demolish the neighborhood's old apartment buildings.

Tagged as: 

  • News

Decision pending in Augusta public housing case could have statewide impact

The State Supreme Court heard arguments Tuesday on a case that could change the way landlords of public housing are held accountable.

May 14, 2025
|
By:
  • Sofi Gratas
Cashier Josh Jimenez rings up egg for sale at a grocery store in Dallas.

Tagged as: 

  • Economy

U.S. egg prices fall for the first time in months but remain near record highs

The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March. It was the first month-to-month drop in egg prices since October 2024.

May 14, 2025
|
By:
  • The Associated Press
Egg prices declined last month as egg producers began to recover from a lengthy battle with avian flu.  Retail egg prices fell 12.7% between March and April but are still more than 49% higher than in April of last year.

Tagged as: 

  • Economy

Inflation cools in April — but tariffs could upend the picture in coming months

Consumer prices in April were up 2.3% from a year ago, the smallest annual increase in more than four years. Grocery prices fell 0.4%, thanks to a large drop in the price of eggs.

May 13, 2025
|
By:
  • Scott Horsley
Barbie Dolls imported from China line the shelves of the A to Z Toys store on May 07 in Miami Beach, Fla.

Tagged as: 

  • Business

A major toy manufacturer is already nervous about Trump tariffs for holiday season

Jay Foreman, CEO of Basic Fun!, says the Trump administration's shifting tariff policy has created chaos for businesses — and could still disrupt the holiday season.

May 13, 2025
|
By:
  • Nia Dumas and
  • Michel Martin
Former Theranos CEO Elizabeth Holmes and her partner, Billy Evans, following a hearing at the Robert E. Peckham U.S. Courthouse on March 17, 2023 in San Jose, California. Evans has raised millions of dollars for a new health tech startup that Holmes is advising him on.

Tagged as: 

  • Technology

Elizabeth Holmes' partner raises millions for new biotech testing startup

The incarcerated former Silicon Valley star is advising her partner on a new health tech startup. Holmes was convicted of defrauding investors in her blood-testing company Theranos.

May 13, 2025
|
By:
  • Bobby Allyn
A price tag with a dollar sign lies on the sidewalk outside a Walmart store in La Habra, Calif., Wednesday, April 2.

Tagged as: 

  • Economy

Why an economist says temporary U.S.-China tariff deal doesn't ease uncertainty

Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.

May 13, 2025
|
By:
  • Obed Manuel and
  • Leila Fadel

Tagged as: 

  • Economy

Why aren't Americans filling the manufacturing jobs we already have?

Leaders from both political parties have been working to bring back manufacturing. But American manufacturers say they are struggling to fill the manufacturing jobs we already have.

May 13, 2025
|
By:
  • Greg Rosalsky
Former UnitedHealth CEO Andrew Witty testifies before the Senate Finance Committee in May 2024, over a massive data breach at his company's Change Healthcare. UnitedHealth's business and reputational problems have mounted since then, and Witty resigned "for personal reasons" on Tuesday. (Photo by Kent Nishimura/Getty Images)

Tagged as: 

  • Business

UnitedHealth Group abruptly replaces CEO Andrew Witty, deepening a terrible year

The health care conglomerate is facing mounting financial problems – and ongoing consumer anger over high costs and denied claims.

May 13, 2025
|
By:
  • Maria Aspan
  • Load More

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