Target’s second quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise. The Minneapolis retailer expects high interest rates, which makes…
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Disney accused of withholding hundreds of millions of dollars from ‘Avatar’ sequel financier
Hollywood financer TSG Entertainment is suing Disney for breach of contract. The suit filed Tuesday in Los Angeles Superior Court alleges that Disney and its studio 20th Century Fox committed a number of…
Kraft Heinz’s North American president will become CEO of the food giant next year, the company announced Monday. Carlos Abrams-Rivera will take the reins Jan. 1 from Miguel Patricio, who…
Banking issues and scams are on the rise, leaving customers facing an uphill battle for help
About a week ago, an unknown number of Wells Fargo customers were suddenly unable to withdraw money from their bank accounts. Even as it sought to address the issue, which…
Amazon founder Jeff Bezos buys home in Miami’s ‘billionaire bunker.’ Tom Brady will be his neighbor
Jeff Bezos, the founder of Amazon, is buying an estate on an exclusive man-made barrier island in Miami known as “Billionaire Bunker,” where he will be neighbors with a growing…
Some customers with Walmart-linked Green Dot Bank say they can’t access their money
Customers of a bank linked to Walmart are reporting they are still blocked from accessing their funds, leaving them in desperate financial straits. Green Dot banking group customers say they…
People are losing more money to scammers than ever before. Here’s how to keep yourself safe.
With the help of technology, scammers are tricking Americans out of more money than ever before. But there are steps you can take to keep your money and information safe.…
Inflation rate hit 3.2% in July: Here’s why a return to ‘normal’ prices is a long way off
The Consumer Price Index hit 3.2% in July, compared with 3% in June, the Bureau of Labor Statistics reported Thursday. Once again, food prices were among the largest contributors to…
Sam Bankman-Fried will head to jail on Friday after a judge sided with a request by federal prosecutors to revoke the FTX co-founder’s bail over alleged witness tampering. Bankman-Fried will…
Cruise, Waymo approved to operate robotaxi services in San Francisco despite safety concerns
SAN FRANCISCO — California regulators on Thursday approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by…