Business

In this Feb. 1, 2006, file photo, an unidentified woman holds up a counterfeit Coach handbag in the back room of tourist shop in New York’s Chinatown. (Bloomberg via Getty Images) (NEW YORK) — Counterfeit luxury handbags have become a social media phenomenon. Instead of cheaply made knockoffs, the latest crop of counterfeit handbags, known […]

This photograph taken Feb. 6, 2024 shows a laboratory technician monitoring the progress of lab-grown diamond seeds at Greenlab Diamonds manufacturing firm on the outskirts of Surat. (Sam Panthaky/AFP via Getty Images) (NEW YORK) — The natural diamond industry has been fueled by a glittering marketing strategy for decades, but is the sustainability of modern, […]

ABC News Corporate America took notice four years ago when Larry Fink, CEO of investment giant BlackRock, declared climate change a top concern. “Climate risk is investment risk,” Fink wrote in an annual letter popular in C-suites. His latest letter, released last month, spans well over 100 paragraphs before the first mention of “climate.” Whereas […]

Elijah Nouvelage/Getty Images (CHATTANOOGA, Tenn.) — In a seismic union election Friday evening, Volkswagen workers in Chattanooga, Tennessee, voted to join the United Auto Workers Union. The workers voted 2,628 to 985 for union representation, according to a spokesperson for the National Labor Relations Board. “There were seven challenged ballots that won’t be counted, because […]

Dr Pepper (NEW YORK) — Dr Pepper has a new flavor hitting stores soon to jumpstart the summer mood. The soda company announced that Dr Pepper Creamy Coconut and Creamy Coconut Zero Sugar drinks are coming to stores starting May 1. “Dr Pepper Creamy Coconut brings together the perfect combination of the original 23 Dr […]

Beyond Meat (NEW YORK) — Beyond Meat has pared down its ingredient list and upgraded the recipe to add more nutrient-dense plant-based ingredients — including heart-healthy avocado oil — for its latest innovation of the plant-based meat alternative. The California-based company announced its new and improved Beyond Meat IV on Thursday as two new products, […]

A United Auto Workers (UAW) lawn sign sits on the ground near a Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. (Elijah Nouvelage/Getty Images) (NEW YORK) — Carmakers and labor leaders are closely watching for results to be released on Friday in a seismic union election that could supercharge organizing in the […]

Tetra Images/Getty Images (NEW YORK) — Barcelona is among the top 20 summer destinations of 2024, and for anyone planning to visit the bustling Mediterranean metropolis known for its art and architecture, or other tourist-filled hotspots during high-season, there may be some additional costs to consider. Many countries across Europe including Spain, Greece, and Germany […]

Via Red Lobster (NEW YORK) — Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant chain’s bottom line, Bloomberg reported this week. According Bloomberg, the restaurant is considering filing for Chapter 11 on the advice […]

The Washington Post via Getty Images (CHATTANOOGA, Tenn.) — The United Auto Workers achieved a landmark victory last fall, when a strike against the Big 3 U.S. carmakers delivered substantial gains for nearly 150,000 employees. The UAW stands poised for its next major test this week: A union election at a foreign-owned car plant in […]