Business

California Democrats to Investigate Cause of High Gas Prices

California Democrats to Investigate Cause of High Gas Prices

BUSINESS | By Adam Beam | Jun 21, 2022

Lawmakers in the California Assembly announced they would investigate oil companies they say are "abusing a historic situation to suck profits from Californians' wallets."

WTO Ministers Reach Deals on Fisheries, Food, COVID Vaccines

WTO Ministers Reach Deals on Fisheries, Food, COVID Vaccines

BUSINESS | By Jamey Keaten | Jun 17, 2022

After all-night talks, members of the World Trade Organization early Friday reached a string of deals and commitments.

Disney Delaying Florida Campus but Not because of Tensions

Disney Delaying Florida Campus but Not because of Tensions

BUSINESS | Jun 16, 2022

The Walt Disney Co. is delaying by more than three years the opening of a campus in central Florida to which 2,000 workers were being relocated from Southern California to work in digital technology, finance and product development.

Revlon, Beauty Icon in Crowded Market, Files for Bankruptcy

Revlon, Beauty Icon in Crowded Market, Files for Bankruptcy

BUSINESS | By Anne D'Innocenzio | Jun 16, 2022

Revlon, a cosmetics maker that broke racial barriers and dictated beauty trends for much of the last century, has filed for Chapter 11 bankruptcy protection.

Court: Amazon Customers Can Sue over Lack of Toxic Warnings

Court: Amazon Customers Can Sue over Lack of Toxic Warnings

BUSINESS | Jun 16, 2022

The California Supreme Court on Wednesday left intact a ruling that allows customers to sue Amazon.com for failing to warn buyers that some products it sells may contain hazardous substances.

Ad Agency Apologizes for 'Pride Whopper' Gaffe

Ad Agency Apologizes for 'Pride Whopper' Gaffe

BUSINESS | By Kilian Melloy | Jun 14, 2022

Burger King's Pride edition of its signature hamburger was a whopper, alright... of a botched PR attempt. The ad agency behind the epic blunder has issued an apology.

Bitcoin Plunges as Major Crypto Lender Halts Operations

Bitcoin Plunges as Major Crypto Lender Halts Operations

BUSINESS | By Ken Sweet | Jun 14, 2022

The price of bitcoin and other cryptocurrencies plummeted Monday after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing "extreme market conditions."

Russian-Owned Successor of McDonald's Opens in Moscow

Russian-Owned Successor of McDonald's Opens in Moscow

BUSINESS | By Jim Heintz | Jun 13, 2022

Three months after McDonald's suspended operations in Russia, hundreds of people streamed into its famous former outlet as the restaurant reopened under a Russian owner and a new name.

No, You're Not Going Crazy - Package Sizes are Shrinking

No, You're Not Going Crazy - Package Sizes are Shrinking

BUSINESS | By Dee-Ann Durbin | Jun 8, 2022

From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It's dubbed "shrinkflation," and it's accelerating worldwide.

NY Governor Signs Law Raising Age to Own Semiautomatic Rifle

NY Governor Signs Law Raising Age to Own Semiautomatic Rifle

BUSINESS | By Maysoon Khan | Jun 7, 2022

New Yorkers under age 21 will be prohibited from buying semiautomatic rifles under a new law signed Monday by Gov. Kathy Hochul.

New Orleans Starbucks Store 1st in Louisiana to Vote Union

New Orleans Starbucks Store 1st in Louisiana to Vote Union

BUSINESS | Jun 6, 2022

Employees at a Starbucks store in New Orleans voted to form a union, becoming the first of the coffee giant's locations in Louisiana to unionize.

Oreo Partners with PFLAG for Pride Edition of Classic Cookies

Oreo Partners with PFLAG for Pride Edition of Classic Cookies

BUSINESS | By Kilian Melloy | Jun 4, 2022

Longtime LGBTQ+ ally Oreo has partnered once again with PFLAG to produce a Pride edition of America's Favorite Cookie. The special edition cookies are stamped with the word "Proud."

Watch: Justice Smith and Nic Ashe Celebrate Their Love in Calvin Klein Spot

Watch: Justice Smith and Nic Ashe Celebrate Their Love in Calvin Klein Spot

BUSINESS | By Kilian Melloy | Jun 4, 2022

Out actors Justice Smith and Nic Ashe talk about splitting up, reuniting, and being in love in a new Calvin Klein spot that's part of the company's Pride season ad campaign.

NY Passes Bill Raising Age to Buy, Own Semi-Automatic Rifles

NY Passes Bill Raising Age to Buy, Own Semi-Automatic Rifles

BUSINESS | By Marina Villeneuve | Jun 3, 2022

New York's legislature voted Thursday to ban anyone under age 21 from buying or possessing a semi-automatic rifle, a major change to state firearm laws.

Shootings Prompt Debate on Purchase Age for AR-Style Rifles

Shootings Prompt Debate on Purchase Age for AR-Style Rifles

BUSINESS | By Andrew DeMillo | Jun 2, 2022

The gunmen in two of the nation's most recent mass shootings legally bought the semi-automatic rifles they used in their massacres after they turned 18.

Judge: No 'Speck' of Proof in Palin's Libel Case Against NYT

Judge: No 'Speck' of Proof in Palin's Libel Case Against NYT

BUSINESS | By Larry Neumeister | Jun 1, 2022

The judge who presided over Sarah Palin's libel case against The New York Times denied her request Tuesday for a new trial, saying she failed to introduce "even a speck" of evidence .

Company to Las Vegas Chapels: No More Elvis-Themed Weddings

Company to Las Vegas Chapels: No More Elvis-Themed Weddings

BUSINESS | Jun 1, 2022

The licensing company that controls the name and image of "The King" is ordering Sin City chapel operators to stop using Elvis in themed ceremonies.

Canada to Cap the Market for Handguns with New Law

Canada to Cap the Market for Handguns with New Law

BUSINESS | By Rob Gillies | May 31, 2022

Canadian Prime Minister Justin Trudeau's government introduced legislation Monday that would put a freeze on importing, buying or selling handguns.

Study: LGBTQ+, Minority Fundraisers Experience More Sexual Harassment

Study: LGBTQ+, Minority Fundraisers Experience More Sexual Harassment

BUSINESS | May 30, 2022

Fundraisers who identify as lesbian, gay or bisexual, as people of color, or as both people of color and LGB, are more likely to experience sexual coercion than their straight white peers.

Outrage Ensues as Netflix Lays Off Queer, Diverse Staff in 150 Employee Cut

Outrage Ensues as Netflix Lays Off Queer, Diverse Staff in 150 Employee Cut

BUSINESS | By Emell Adolphus | May 30, 2022

Social media was not kind to the streaming giant after learning that employee cuts included entire diversity departments for programming.

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