Business
Amazon workers plan strike between Black Friday and Cyber Monday in major cities around the world — including in US
Amazon workers in more than 20 countries, including the U.S., plan to strike during the busy pre-Christmas shopping days between Black Friday and Cyber Monday to “make Amazon pay.”
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TreeHouse Foods expands recall to frozen waffles, pancake products sold at Walmart, Whole Foods on listeria fears
November 28, 2024 | 10:14amThe expanded recall encompasses more than 40 brands of frozen waffles and pancakes that are sold in popular retailers.
Zuckerberg dines with Trump at Mar-a-Lago after pushing for meeting to discuss new administration: 'Grateful for the invitation'
November 27, 2024 | 9:04pmMeta CEO Mark Zuckerberg dined with President-elect Donald Trump at Mar-a-Lago and discussed “the incoming administration” Wednesday.
Microsoft facing wide-ranging antitrust probe despite FTC chief's likely departure
November 27, 2024 | 4:49pmThe probe includes software licensing and cloud computing, sources told Bloomberg.
Shares of drone maker surge more than 100% after Donald Trump Jr. joins advisory board
November 27, 2024 | 3:46pmShares in drone maker Unusual Machines surged more than 100% on Wednesday after the company announced Donald Trump Jr. had joined its advisory board.
Credit Suisse conviction in 2022 cocaine cash laundering case reaches decision
November 27, 2024 | 3:42pmA former employee, found guilty of money-laundering, died in April 2023; her heirs and the bank filed an appeal that November.
Elon Musk calls for abolishing consumer finance watchdog created during Great Recession — a longtime GOP target
November 27, 2024 | 3:01pmMeanwhile, the consumer finance watchdog is moving ahead with rulemaking in the final weeks of Biden's administration.
MSNBC viewership nearly halved post-Election Day, Rachel Maddow loses over 40% of audience: ratings report
November 27, 2024 | 2:14pmMSNBC's ratings have been in free fall since Election Day -- including for its star anchor, Rachel Maddow -- with the left-leaning network’s audience shriveling by nearly half as staffers...
$4.4B wind farm project off New York coast 'on pause' after Trump election victory
November 27, 2024 | 1:55pmTotalEnergies SE said it would halt the project in what industry observers say is a sign of things to come under a second Trump administration.
Dow tops 45K for first time -- but Wall Street slips as tech stocks slump
November 27, 2024 | 1:36pmWorries the Federal Reserve may be cautious about rate cuts after stubbornly strong US inflation data weighed on investors.
Chipotle's new CFO says the chain may soon hike burrito prices again -- here's why
November 27, 2024 | 1:16pmThe company's chief financial officer said he believes customers would continue to flock to Chipotle despite the “modest” price hikes because the chain would still be a better value option...
Hyundai recalling over 226K cars, SUVs over faulty safety feature
November 27, 2024 | 12:56pmThe recall covers certain Santa Fe and Elantra vehicles from the 2021 and 2022 model years.
Musk investors who got hosed on Twitter takeover set to reap windfall as xAI value surges: report
November 27, 2024 | 12:27pmMusk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social media platform X, formerly known as Twitter,...
BlackRock, State Street, Vanguard sued by GOP states over ESG goals
November 27, 2024 | 12:10pm"The American consumer is entitled to enjoy the fruits of free markets, vigorous competition, and (in the case of BlackRock) honest investment managers," the complaint said.
Fed's preferred inflation gauge ticked higher to 2.8% -- stoking doubts on December rate cut
November 27, 2024 | 11:43amThe latest inflation data will likely reinforce the central bank's cautious approach when it meets to decide on cutting interest rates next month.
IKEA warns Trump tariffs will make it hard to keep prices low
November 27, 2024 | 11:41amThe US is IKEA's second-biggest market globally, accounting for 13.2% of sales in its 2024 financial year.
Lame-duck Biden administration loans $6.6B to struggling Tesla rival Rivian
November 27, 2024 | 10:52amRivian, the EV startup based in California, was worth as much as $150 billion just three years ago before its stock price tanked since then.
Starbucks slashes holiday bonuses 40% as coffee chain suffers worst year since pandemic: report
November 27, 2024 | 10:33amMany of the coffee chain’s corporate workers will only be paid 60% of their overall bonuses, according to a report.
Black Friday weekend to break sales records as cash-strapped customers wait for deals and discounts
November 27, 2024 | 9:59amExperts predict Black Friday and Cyber Monday will rake in record sales since cash-strapped customers have been waiting for a good sale.
Subway ending customer-friendly value meal early after corporate office issues decree
November 27, 2024 | 1:17am“The Meal Deal was designed to help drive a lift in traffic, sales and, ultimately, restaurant-level profitability, and delivered on these objectives during the market test.”
Al Sharpton's acceptance of Kamala Harris campaign's $500K donation a 'bridge too far' for MSNBC colleagues
November 26, 2024 | 7:44pm"Everybody knows who Al Sharpton is… but this feels like a bridge too far," an MSNBC employee said. "This has a bit of a dirty feel to it."