Neuralink, the neurotech startup co-founded by Elon Musk, announced Thursday it has received approval from the Food and Drug Administration to conduct its first in-human clinical study. Neuralink is building a brain implant called…
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Mega retailer Target is pulling some of its merchandise that celebrates Pride month after threats to employees, the company said Tuesday. “Since introducing this year’s collection, we’ve experienced threats impacting…
Their small businesses went viral on TikTok for the wrong reasons — now what?
A baker and a tattoo artist recently garnered TikTok virality other small business owners could only dream of. The only problem? The exposure wasn’t positive. Kylie Allen, owner of the…
‘Nobody imagined it would go on this long’: Bud Light sales continue to plummet over Mulvaney backlash
Sales of Bud Light continue to plummet, reflecting ongoing backlash to the brand’s decision to hire transgender influencer Dylan Mulvaney as a spokesperson. According to data cited by the beverage…
PacWest Bancorp, one of the lenders seeking to survive the U.S. regional banking crisis, said on Monday it had agreed to sell a $2.6 billion real estate construction loan portfolio…
Peloton aims to rebrand as a fitness company for all with a focus on app and tiered subscription pricing
When Peloton unveiled its 2019 holiday commercial depicting a husband who gifted his wife a stationary bike for Christmas, the ad was widely panned as sexist, dystopian and reminiscent of a hostage video. People…
Netflix’s crackdown on password sharing has come to the U.S. The streaming service said it began alerting members on Tuesday about its new sharing policy, noting that Netflix accounts are…
Target is recalling 5 million scented candles because their glass jars can break
Target is recalling five million scented candles because their glass encasings could break, posing a safety hazard. According to a statement on the Consumer Product Safety Commission’s website, the affected…
Federal Reserve chair hints at a pause in rate hikes when central bank meet next month
Chair Jerome Powell indicated Friday that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it…
Hyundai and Kia agree to $200 million settlement with customers over car thefts
Hyundai Motor and Kia Corp. agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers’ vehicles, lawyers for the owners and the automakers said…