Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period. The Minneapolis company is dealing with rising costs, which includes…
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Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor. Citing “changing business conditions” and the return of CEO…
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Wells Fargo will pay $1 billion to settle accusations of defrauding shareholders
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Wells Fargo & Co. has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its…
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More than 200,000 Jeep Cherokee SUVs recalled because they can catch fire when engine is off
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DETROIT — Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even…
Declaring a mission to liberate “Taco Tuesday” for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark. Too many…
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Hundreds of U2 fans didn’t know the seats they were buying for Las Vegas residency had limited views
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Hundreds of people who bought tickets for U2’s Las Vegas residency are being offered refunds after learning their seats had obstructed views of the event venue’s screen. Show organizers realized…
Tesla CEO Elon Musk lost an appeal to unwind parts of a consent decree that he and the automaker struck with the Securities and Exchange Commission to settle civil securities…
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Musk to be subpoenaed for documents in Virgin Islands’ Epstein lawsuit against JPMorgan
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The U.S. Virgin Islands issued a subpoena to Tesla CEO Elon Musk seeking documents for that government’s lawsuit against JPMorgan Chase over sex trafficking by the bank’s late longtime customer Jeffrey Epstein, a court filing revealed Monday. That filing said the Virgin Islands has…
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China says Tesla to fix software for 1.1 million vehicles with braking issue
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China’s market regulator said Tesla Inc. will fix software in more than 1 million vehicles to reduce the chance of accidents, the regulator said on Friday. The action is described as…
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The pandemic emergency is over, but Covid’s impact on the labor force is set to last
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After a three-year national health emergency, over 1.1 million Covid deaths, a wave of retirements and high inflation, the U.S. labor force is smaller and tighter than before the pandemic.…