Business News TD Bank Settles Ponzi Scheme Lawsuit for $1.2 Billion The suit accused the bank of ignoring red flags for years.
Business News Meta Throws Weight Behind ‘Take It Down,’ Platform Fighting Spread of Minors’ Images The site is intended to aid in protecting the privacy of people 18 and younger.
Business News Mark Zuckerberg Unveils LLaMA, Meta’s Powerful New Large Language Model Large tech companies and startups are racing to develop products with integrated advanced AI.
Business News Viral TikTok Video of Lowe’s Employee Screaming for Help Leads to Resignation A Lowe's employee resigned after a video of him struggling with the box went viral, garnering almost 4 million views.
Marketing Regulator: Molson Coors Miller Lite Ad Went too Far Comparing Rival Products to Water Comedy is one thing, but Molson Coors apparently crossed the line by comparing a competitor's products to water.
Business News School Employee Charged After Secret Cryptocurrency Mining Operation Found in Crawlspace A Massachusetts man allegedly hid his crypto operation under a school and illegally tapped into its electrical system.
Business News Jamie Dimon Says Soft Landing Possible for Economy, but Warns of ‘Scary Stuff’ The JPMorgan CEO points out major threats to global stability, from trade wars to the Russia-Ukraine conflict.
Business News SEC: Elon Musk Still Needs a Lawyer to Approve His Tweets In a letter to the U.S. Court of Appeals, the commission said that tweets about Tesla still need legal vetting.
Business News Vermont Police Close Cold Case with DNA from Cigarette and Victim’s Clothing Over 50 years after Rita Curran was strangled to death, police identified her killer.
Business News Elon Musk Selects California as Tesla’s Global Engineering HQ Gov. Gavin Newsom joined the company's CEO in making the announcement, though Musk has criticized California before.
Business News Dole North America Production Grinds to a Halt After Cyberattack A cyberattack seriously disrupted Dole's operations, causing a temporary shutdown of production plants and affecting food supplies to U.S. grocery stores.
Business News More Restaurants Embrace Subscription Model to Drive Revenue and Retain Customers It's the latest trend in the food industry, and it's not slowing down.
Business News Amazon Employees Unite Against New Return-to-Office Policy CEO Andy Jassy's announcement prompted a petition and heated Slack discussions.
Business News Starbucks’ New Secret Drink Ingredient: Olive Oil Beginning this week, you can buy three beverages with olive oil as an ingredient at Italian Starbucks locations.
Business News Bank of America Says Stock Market Threatened With ‘No Landing’ Scenario Top economist cautions that Fed belt-tightening could potentially negatively affect the stock market.
Business News Hedge Funder’s Leveraged Bet on Interest Rates Makes Him 6th Highest-paid Manager Said Haidar earned $859 million from an inflation bet that landed him in the upper echelon of highest-paid managers.
Business News Amazon Announces Return to Office: Employees to Work In-person Three Days a Week CEO Andy Jassy orders thousands of workers back to the office.
Business News McDonald’s Introduces Plant-based McNuggets in Germany Non-meat alternatives are now available as part of the company's sustainability efforts.
Business News Tesla Recalling 362,000 Vehicles Over Full Self-Driving Software Concerns The move follows concerns about safety and adherence to traffic laws.
Business News Nestlé Forecasts Further Price Hikes for Staple Items in 2023 Consumers could face more pain at the supermarket checkout.
Business News Retailers See Surge in Sales Despite Soaring Prices January retail sales data exceeded expectations, beating inflation worries.
Business News Chris Maragos, Former Philadelphia Eagles Captain, Wins $43.5 Million Medical Malpractice Suit Maragos sued over treatment of a knee injury.
Business News No Ice, No Skating: World’s Largest Outdoor Ice Rink Closed The Rideau Canal Skateway in Ottawa has yet to open due to a lack of ice.
Business News Walmart Tech Hubs to Shut Down, Staff Return to Offices Offices in Austin, Portland, and Carlsbad will close, and staff will have to relocate to keep their jobs.
Business News Fast Food Icon Subway Looks for New Ownership This announcement has big implications for the future of the fast food industry.
Business News Adidas Faces Possible $1.3 billion Revenue Loss Over Yeezy Stock CEO Bjørn Gulden says the athletic gear company is "not performing the way we should."
Business News Bernard Arnault-Owned Company Demands Small Beauty Company Change Name Kenz founder Rim Daghmash calls the demand "pure bullying and harassment."
Business News Balenciaga Follows BDSM Teddy Bear Scandal With Children’s Advocacy Group Partnership The fashion house and the Kering Foundation will partner with the nonprofit National Children's Alliance.
Business News 4.9 Million Bottles of Fabuloso Cleaner Recalled Over Contamination Concerns Manufacturer Colgate-Palmolive said the recalled units could contain bacteria dangerous to the immunocompromised.
Business News Hermès Wins Trademark Case Against Artist Who Sold Birkin Bag NFTs The case was deemed a critical examination of how a company can enforce intellectual property rights in relation to virtual assets.