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Categories Business

Starbucks is reeling as customers go elsewhere, sales decline

Author July 31, 2024

Starbucks on Tuesday reported quarterly revenue that missed analysts’ expectations as both its U.S. and international cafes faced weaker demand. Shares of the company rose more

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Categories Business

Extreme heat is prompting higher home cooling costs. It is also putting some individuals at risk

Author July 31, 2024

Amid surging summer heat, the earth reached a new hottest day on record on July 22. That day, the global average temperature was almost 63 degrees

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Categories Business

Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs

Author July 31, 2024

DETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce

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Categories Business

Amazon is responsible for dangerous products sold on its site, federal agency rules

Author July 31, 2024

Amazon must notify customers about and remove products deemed dangerous that it sells through its website, federal regulators ruled Tuesday. In a unanimous

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Categories Business

Texas AG wins $1.4B settlement from Facebook-parent Meta over facial-capture charges

Author July 31, 2024

Texas Attorney General Ken Paxton has won a $1.4 billion settlement from Facebook parent Meta over charges that it captured users’ facial

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Categories Business

Budget airline Spirit is trying to go upmarket — and blocking middle seats

Author July 30, 2024

Free Wi-Fi? Free checked bag? Free snacks? On Spirit? The Florida-based carrier that is practically synonymous with budget air travel in the U.S. said

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Categories Business

Tesla recalls 1.8 million vehicles over unlatched hood issue

Author July 30, 2024

Tesla has issued a recall for more than 1.8 million vehicles after it received reports that the hoods on some were unintentionally

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Categories Business

The housing crunch is still squeezing buyers — but not as badly in these swing-state counties

Author July 30, 2024

Homes are getting less affordable for buyers all over the country — including in places where the 2024 presidential race could be

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Categories Business

The first Fed interest rate cut in years is on the horizon. Here’s what you need to know.

Author July 30, 2024

The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small

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Categories Business

U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts

Author July 30, 2024

U.S. airlines are reducing their capacity through the end of the year in a bid to cool an oversupplied domestic market that has led

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