In a new lawsuit, the Federal Trade Commission alleges that Amazon used its grip on the online market to warp the price of goods across the internet.
Category Archives: business
Latino charitable giving rates have dropped sharply since 2008, study finds
The share of Latinos who give to established charities has dropped sharply since 2008, a new study has found. The same has been true for other Americans, but the percentage of Hispanics who give to help people in need through less formal efforts is higher than for others in the U.S.
Jimmy Lai's son says the jailed Hong Kong media tycoon 'refuses to be cowed'
Jimmy Lai, the pro-democracy Hong Kong newspaper publisher, will not be “cowed” despite the threat of life imprisonment, his son said.
FTC files antitrust lawsuit against Amazon
The Federal Trade Commission is suing Amazon, alleging that the company used its power as an online retail giant to pressure sellers and warp prices. NBC News’ Noah Pransky breaks down the FTC allegations and what could happen next in the lawsuit.
Shakira charged with $7 million tax evasion by Spanish prosecutors
BARCELONA, Spain — Spanish prosecutors have charged pop star Shakira with failing to pay 6.7 million euros ($7.1 million) in tax on her 2018 income, authorities said Tuesday, in Spain’s latest fiscal allegations against the Colombian singer.
JPMorgan to pay $75 million to settle lawsuit over ties with Jeffrey Epstein
JPMorgan Chase has reached a $75 million settlement with the U.S.
Underground climate change: How heat is trapped under the surface, threatening buildings
On a recent tour underneath Chicago’s iconic skyline, Alessandro Rotta Loria, an assistant professor of civil and environmental engineering at Northwestern University, pointed out one of the sensors he and his team have installed across the city to track underground temperatures.
Powerball Jackpot climbs to $835 million, 4th largest of all time
The Powerball Jackpot now sits at $835 million, the fourth largest Powerball Jackpot of all time. The next drawing is Wednesday night.
Hollywood video game performers authorize strike if labor talks fail
Video game voice actors and motion capture performers have voted to authorize a strike if negotiations on a new labor contract fail, setting the stage for another possible work stoppage in Hollywood.
Ford's Theatre ticket from the night of Lincoln's assassination sells for $262,500
BOSTON — A pair of front-row balcony tickets to Ford’s Theatre on April 14, 1865 — the night President Abraham Lincoln was assassinated by John Wilkes Booth — sold at auction for $262,500, according to a Boston-based auction house.