Browsing Category
Business
Howard Schultz: Starbucks Is Battling for the ‘Hearts and Minds’ of Workers
The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in business. If you don’t already receive the daily newsletter, sign up…
Tasty name but no Big Mac: Russia opens rebranded McDonald’s restaurants
June 12 (Reuters) - It might look and smell like McDonald's but now it's Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia.A new era for Russia's fast-food and economic…
Gas prices set new record Sunday morning
Power the Future executive director Daniel Turner blasts President Biden as he blames oil companies for not drilling more on 'Fox Business Tonight.' The price of a gallon of regular gasoline hit an historic milestone over the…
US consumers contend with double-digit price increases at the grocery store
Friday's inflation report was a triple-whammy for consumers, with massive price hikes in food, shelter and energy -- sectors that make up the majority of household expenses -- as well as in almost every other category. But some of the…
Gasoline Prices Reach $5 a Gallon Nationwide for the First Time
The average price of a gallon of regular unleaded gas in the U.S. hit $5 Friday night, and the rise in fuel costs is expected to persist throughout the busy summer driving season. The record high, according to OPIS, an energy-data and…
New documents show more claims of baby formula illness and death
Placeholder while article actions loadThe Food and Drug Administration investigated reports that as many as nine children have died since early 2021 after consuming baby formula produced at an Abbott Nutrition plant Michigan — seven more…
Markets Recoil as Inflation Report Raises Stakes for Fed
On Friday, the yield on the two-year Treasury note jumped to 3.06 percent, up about a quarter of a point, while the yield on 10-year notes rose to 3.16 percent, up about a tenth of a point.Ultimately for investors, the concern is how…
Biden administration wants to standardize electric vehicle charging, like gas stations
Its new proposed rule would require the half-million electric vehicle chargers it plans to fund to be interoperable, similar to the way a gas pump works with any vehicle. Charging stations funded under the federal program would also be…
Disney Insiders, Hollywood Execs Stunned at How Bob Chapek Ousted Peter Rice
One of the most powerful executives in media was meeting with a group of people the morning of June 9 when he heard the news that Disney CEO Bob Chapek had abruptly fired chairman of entertainment and programming Peter Rice.…
Jewelry giant settles gender-discrimination lawsuit for $175 million
Placeholder while article actions loadSterling Jewelers, the American diamond empire that owns Jared and Kay Jewelers, has agreed to pay $175 million to settle a long-fought class-action lawsuit alleging that the company had for years…