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Categories Business

Ye’s Yeezy clothing brand owes California $600,000 in unpaid taxes

Author December 8, 2022

The rapper Ye has been vocal about his personal financial struggles and debts. In 2016, before he became a billionaire, he said

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Categories Business

Minnesota sues weed edibles company it alleges sold products 50-times more powerful than permitted

Author December 8, 2022

Minnesota regulators have sued a marijuana edibles company, alleging it was selling products 50-times more powerful than what the state permits. In

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Categories Business

Ex-Theranos executive Sunny Balwani sentenced to nearly 13 years for role in company’s fraud

Author December 8, 2022

Ramesh ‘Sunny’ Balwani, the former business partner of Theranos founder Elizabeth Holmes, was sentenced to nearly 13 years in federal prison and

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Categories Business

Juul reaches settlements covering more than 5,000 cases

Author December 8, 2022

Juul Labs has reached settlements covering more than 5,000 cases brought by about 10,000 plaintiffs related to its vaping products. Financial terms of

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Categories Business

Walmart CEO: American households are seeing prices ‘stabilizing’ but there’s more pain ahead

Author December 7, 2022

American consumers are stressed. You can blame the persistently high prices seen throughout the economy right now. In an interview with CNBC on

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Categories Business

White-collar layoffs soar at brand-name companies amid broader economic slowdown

Author December 7, 2022

At the beginning of the pandemic, waves of layoffs hit retail, leisure and hospitality workers — anyone whose job depended on in-person interactions. But

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Categories Business

Walmart CEO says prices for toys and sporting goods are coming down

Author December 7, 2022

Even as inflation persists, there are some bright spots where high prices are easing, Walmart’s CEO said Tuesday. Toys, clothing, and sports equipment

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Categories Business

U.S. economy added 263,000 jobs in November, more than expected despite Fed rate hikes

Author December 6, 2022

Job growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle

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Categories Business

DeSantis denies report of ‘U-Turn’ on Disney’s special governing district

Author December 6, 2022

Florida Gov. Ron DeSantis denied a report Friday that the state was considering reversing its decision to dissolve Disney’s special governing district

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Categories Business

Why your 2023 tax refund might be smaller than this year’s

Author December 6, 2022

The Internal Revenue Service is alerting taxpayers about a number of changes hitting in the 2023 tax filing year. Among the most

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