European Union regulators on Monday said Apple is in breach of sweeping new tech rules because it does not allow customers of its App Store to be steered to alternatives.…
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Pennsylvania Sen. Casey warns Amazon, Target and Walmart over ‘greedflation’ pricing
Pennsylvania Sen. Bob Casey has sent letters to Amazon, Target and Walmart over concerns that pricing decisions made at the retail giants since the pandemic may have been driven by…
Paris seeing signs of strong travel demand ahead of Summer Olympics — but plenty of deals remain
The 2024 Summer Olympics in Paris are set to see plenty of attendees — but travel data shows there are still opportunities for last-minute deal-hunters to capitalize on current market dynamics.…
More than half a million portable device chargers sold at Costco recalled after two homes catch fire
More than half a million portable electronic device chargers sold exclusively at Costco are being recalled after reports they can overheat and catch fire. The devices, called myCharge POWER HUB…
Rite Aid shutting down 27 more locations, bringing closure total to nearly 550 nationwide
Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations are in Ohio and Michigan.…
Forever 21 seeks rent concessions as fast-fashion brand faces financial woes
Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep up with savvier competitors, CNBC has learned. The…
Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%
Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its…
X boss Elon Musk tempers comments about advertisers as he looks to woo them back
Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions advertising festival in Cannes, France, Musk was…
Polls say older voters want Social Security protections. Yet parties are tied for their support.
Voters, ages 50 and up, will have a strong influence on the November election. And politicians who want to win their vote would be wise to emphasize personal economic issues that…
LongHorn up, Olive Garden down: Darden earnings hint at dinings sales drag
Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will grow…