Business
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Tramino/Getty Images (NEW YORK) — Michael Critchley’s job is to persuade his longtime Ford customers to swap their gas-guzzling pickups for the F-150 Lightning. Ford started production of the all-electric Lightning in late 2021 and the Dearborn automaker still cannot keep up with demand. Critchley says he has so many requests for the electric truck that […]
Tim Robberts/Getty Images (NEW YORK) — Parler, a social media platform popular among conservatives, will temporarily shut down after being acquired by the hedge fund Starboard, the company said on Friday. The acquisition comes months after the failure of a bid for the app’s parent company, Parlement Technologies, undertaken by Ye, the rapper formerly known […]
Daniel Acker/Bloomberg via Getty Images (NEW YORK) — Fresh calls to boycott Bud Light volley across social media nearly two weeks after a product endorsement from Dylan Mulvaney, a transgender influencer, set off backlash among some prominent conservatives. Far-right House Rep. Marjorie Taylor Greene, R-Ga., on Wednesday reposted a video for her 700,000 Twitter followers […]
Greg Bajor/Getty Images (NEW YORK) — Airlines are already booking up for getaways abroad this summer and as Americans finalize travel plans, there are some important things to keep in mind. With 75% of seats already sold on their aircrafts, Delta revealed that it has had to increase its number of international flights. As search […]
IronHeart/Getty Images (NEW YORK) — JPMorgan Chase trumpeted its $175 million acquisition of a college financial planning company called Frank in 2021, boasting that the firm served more than five million students. Little more than a year later, however, the nation’s largest bank sued Frank founder Charlie Javice, saying she and another executive from the […]
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve’s staff is more worried about the U.S. economy tipping into a recession after the recent banking crisis, the minutes from the central bank’s meeting in March reveal. Economists at the Federal Reserve said they expect a “mild” recession later this year, an escalation from their previous assessment. […]
CPSC (NEW YORK) — The head of the government agency that oversees recalls is making an urgent plea when it comes to getting a recalled baby product off the market. Alexander Hoehn-Saric, chair of the Consumer Product Safety Commission, sent letters Wednesday to Meta, the parent company of Facebook, and Mattel, the maker of the […]
Justin Sullivan/Getty Images (SAN FRANCISCO) — Whole Foods is temporarily closing a large store in downtown San Francisco due to concerns over employee safety, the company said on Wednesday. The closure arrives roughly a week after the high-profile killing of Cash App Founder Bob Lee in San Francisco, which sparked crime fears among some city residents. […]
Mario Tama/Getty Images (NEW YORK) — Several attorneys general announced a new $462 million settlement from e-cigarette manufacturer JUUL Labs on Wednesday. The settlement is the largest multistate settlement which includes the most “stringent restrictions on the company’s marketing and sales to protect and to prevent minors from vaping,” New York Attorney General Letitia James said […]
RiverNorthPhotography/Getty Images (NEW YORK) — NPR will stop sharing content on Twitter, the company announced Wednesday — a rebuke of certain labels the social media platform attached to the news outlet. The international media non-profit said the categorization — first as “US state-affiliated media” and later “government-funded media” — prompted the outlet to stop posting “fresh […]