LA leaders announce regional retail crime task force following spate of viral flash mob robberies
Los Angeles Mayor Karen Bass and law enforcement leaders from the area vowed to catch the retail thieves that are terrorizing stores and shoppers.
Maryland man wins big in lottery with 15 identical jackpot tickets
A Maryland resident in Prince George County has won a grand prize of $750,000 after his 15 lottery tickets, each with identical numbers, hit in a single drawing.
Sotheby's added to lawsuit from ‘Bored Apes’ over celebrity-backed NFTs
Sotheby’s Holdings has been named in a lawsuit led by plaintiffs with the Bored Ape Yacht Club against non-fungible tokens (NFT) company Yuga Labs.
Walmart raises outlook as food, online sales boom
Walmart shoppers are doing just that, shopping across the board, which allowed the world's biggest retailer to raise its full-year outlook for profits and sales.
Intel drops multibillion-dollar deal to buy Israeli chipmaker Tower Semiconductor
Intel Corp. scrapped a $5.4 billion deal to acquire contract chipmaker Tower Semiconductor after the merger agreement expired without China giving regulatory approval.
Organized retail crime 'particularly acute' in California, industry expert says
Organized retail crime is a burgeoning problem nationwide, but an industry expert says it's unsurprising that California is facing a "particularly acute" issue.
Global wealth drops for first time since 2008
Credit Suisse and UBS's Global Wealth Report finds global wealth fell last year for the first time since 2008, with the U.S. leading in market losses.
Home Depot customers go big on smaller projects
Home Depot reported second quarter earnings slightly ahead of predictions on Tuesday, despite posting a drop in sales amid slowing demand for larger item purchases and building projects.
Sam Bankman-Fried siphoned $100M stolen from customers into US politics to influence crypto legislation: feds
FTX founder Sam Bankman-Fried is accused through a superseding indictment of using stolen customer funds in a "wide-ranging political influence operation."
Montana judge sides with youth activists in landmark climate change case
A Montana judge has sided with youth climate activists in a landmark case that argued their constitutional rights were violated by state agencies' disregard for the environment.
US-led naval coalition warns ships to stay away from Iranian waters to avoid possible seizure
Ships in the Gulf region have been warned by a U.S.-led naval coalition to stay away from Iranian waters in an effort to avoid possible seizures.
US manufacturing sector reaping benefits of reshoring
The U.S. manufacturing sector is benefitting from firms reshoring their operations from overseas back to the U.S. as they try to mitigate vulnerabilities in their supply chains.
Bitcoin gift cards amplifying spending power of crypto
Consumer bitcoin provider Azteco recently announced a $6 million seed funding round at an $84M valuation led by Jack Dorsey as the company introduces Bitcoin gift cards.
Novo Nordisk's Wegovy faces supply constraints as demand surges
Novo Nordisk said lower-dose strengths of Wegovy will be limited as it tries to ramp up production to meet the surge in demand for the weight loss drug.
Biden’s new tax could squash my family's can company
An Ohio steel conglomerate's plan threatens tens of thousands of U.S. manufacturing jobs and would increase the price of canned goods across the country.
Supreme Court temporarily blocks Purdue Pharma bankruptcy deal protecting Sackler family from lawsuits
The Supreme Court on Aug. 10, 2023, temporarily blocked a bankruptcy deal that would protect the Sackler family, who owns Purdue Pharma, manufacturer of Oxycontin, from lawsuits.
Coach owner Tapestry to buy Versace, Michael Kors parent Capri in deal worth $8.5B
Coach parent Tapestry will acquire Capri Holdings for $8.5 billion in cash to create a U.S. fashion house that can compete with larger contemporaries in Europe.
Meat business owner ordered to pay $1,143 fine after teen worker loses hand in grinder accident
The owner of a meat establishment in Michigan was ordered to pay a fine of $1,143, due to a 17-year-old employee suffering the loss of his hand in a grinding machine.
China slides into deflation in potentially worrying sign for global economy
As many countries deal with crippling inflation, China is seeing month-on-month declines in consumer prices and spending stoking anxiety among investors and trading partners.
Private jet operator Wheels Up warns of 'substantial doubt' over its survival despite cash from Delta
Private jet operator Wheels Up received a cash infusion from investor Delta Air Lines Wednesday after warning of "substantial doubt" about continuing operations.



















