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Business news

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers...

Business news

The charm of watching movies in theaters is fading

WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to...

Business news

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing...

Business news

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is...

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Convenience stores are eating fast-food chains’ breakfast

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in...

Business news

Trump administration ramps up pressure on Labor Department with data probe

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter...

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Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism...

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Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release...

Business news

Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.

When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street for...

Business news

Paramount mandates 5-day-a-week return to office ahead of major cost cuts

David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they...