Starbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior role as chief…
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Business
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Trader Joe’s is recalling 653,000 scented candles because they pose an elevated fire hazard. In a release on the Consumer Product Safety Commission’s…
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Grocery price growth, once the scourge of the post-pandemic inflation surge, has finally settled down. On Wednesday, the Bureau of Labor Statistics reported…
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Business
FTC bans fake online reviews, inflated social media influence; rule takes effect in October
by adminThe Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and other misleading practices to promote…
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Walmart remains cautious about the financial health of its shoppers, but executives at the retail giant do not see a full-blown downturn on…
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WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced…
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Business
Inflation rate falls to 2.9% in July, adding to signs that surging prices have abated
by adminConsumer price growth in July slowed to its lowest post-pandemic level, a sign that the surging inflation that has gripped the U.S. economy…
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United Airlines CEO Scott Kirby says he is optimistic about Boeing’s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat change of tune…
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Business
Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year
by adminIt appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications…
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The Murdoch family feud taking place in an obscure Nevada court highlights the state’s surging popularity as a global center of family trusts…