CarMax to pay $420K to resolve DOJ allegations over servicemember vehicle repossessions
CarMax allegedly violated federal law by repossessing servicemembers' vehicles without required court orders, leading to a $420,000 settlement agreement.
Baby food recalled nationwide after dangerous toxin found in federal testing raises health concerns
Baby food recall alert: Initiative Foods recalls "Tippy Toes" apple pear banana fruit purée due to patulin toxin. Check products with BB 07/17/2026 date.
Nike’s diversity initiatives under EEOC scrutiny for alleged discrimination against White workers
Federal EEOC launches investigation into Nike over allegations that diversity initiatives discriminated against White employees and job applicants.
IBM exec says Trump's Fed pick will 'overhaul' central bank policies while bringing crisis expertise
IBM's Gary Cohn praised President Trump's Fed nominee Kevin Warsh, citing his 2008 financial crisis role and plans to return central bank to traditional policy.
Trump threatens 50% tariff on Canadian aircraft in escalating Gulfstream certification fight
President Trump threatened a 50% tariff on Canadian aircraft unless Canada approves Gulfstream jets, accusing Ottawa of "illegally" blocking U.S. plane certification.
Trump reveals when he will announce the next Fed chair
President Trump says he'll announce Jerome Powell's replacement as Federal Reserve chair Friday morning, escalating his ongoing criticism of monetary policy decisions.
Trump credits tariffs for hundreds of billions gained with 'virtually no inflation,' touts security
Trump claims tariffs drove "historic" economic gains after the U.S. and Taiwan announced a massive $500 billion semiconductor deal to rebuild domestic manufacturing.
Verizon phone service goes down for some customers
Telecom giant Verizon experienced a phone service outage on Wednesday that impacted over 100,000 users in the U.S., with the company working to restore connectivity.
Report reveals which Costco items can pay for the annual membership
New analysis reveals how pet food, diapers and coffee purchases at Costco can quickly offset the $65 annual membership fee through bulk buying savings.