The U.S. Securities and Exchange Commission on Monday charged podcaster Matthew Motil in connection with an $11 million Ponzi scheme that allegedly defrauded more than 50 people. The agency said…
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The ongoing United Auto Workers strike is expanding. UAW President Shawn Fain called for union members to strike at noon ET Friday at 38 General Motors and Stellantis facilities across…
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48,000 mattresses sold at Costco may have been exposed to mold, regulators say
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Novaform ComfortGrande and DreamAway mattresses sold exclusively at Costco are being recalled, with the U.S. Consumer Product Safety Commission saying they may have been exposed to mold during manufacturing. The…
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UAW strike begins at Mercedes-Benz supplier in Alabama as Detroit’s Big Three walkout continues
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The largest U.S. autoworkers union said Wednesday that 190 workers with a local union in Alabama are now on strike. The United Auto Workers says a group of employees at…
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WWE’s SmackDown to return to NBCUniversal’s USA Network in more than $1.4 billion deal
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WWE’s “Friday Night SmackDown” will return to USA Network in October 2024 as part of a five-year domestic media rights partnership between TKO Group Holdings and NBCUniversal, the company said Thursday. The deal comes…
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Pandemic aid officials who overpaid vulnerable renters are saying, ‘We messed up, pay us back’
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State and local agencies that distributed federal aid to renters facing eviction during the pandemic are now scrambling to claw back millions of dollars in overpayments. Officials in at least…
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Amazon will start putting ads in Prime Video in push to increase revenues
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Amazon says it will start showing ads on Prime Video in early 2024, and that it is introducing a new, pricier ad-free option. In a post on its site, Amazon…
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Starbucks to face lawsuit alleging its Refresher fruit drinks are missing fruit
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Starbucks has been ordered by a federal judge to face a lawsuit claiming that some of its Refresher fruit drinks lack, well, fruit. U.S. District Judge John Cronan rejected Starbucks’ request to…
Kraft Heinz says it is recalling 83,800 cases of individually wrapped Kraft Singles American processed cheese slices because of a manufacturing problem that could cause plastic film to stick to…
The Federal Reserve left the main U.S. interest rate unchanged Wednesday, waiting to see if its historic series of rate hikes over the last 18 months gets inflation under control.…