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Category Archives: business
Robinhood cutting about 23% of jobs, releases second quarter earnings
Robinhood CEO Vlad Tenev said Tuesday in a press release that the company will reduce its headcount by approximately 23%.
Amazon warehouses face expanded safety probes as investigators visit three more sites
Federal officials are sharpening their focus on Amazon’s workplace safety hazards.
T.J. Maxx fined $13 million for selling recalled infant sleepers linked to deaths
T.J. Maxx, Marshalls, and Homegoods stores sold recalled products like infant sleepers linked to at least 30 deaths for five years between 2014 and 2019.
A flood of new drivers are joining Uber because everything is more expensive
As inflation rates hit 40-year highs, a surge of new drivers are joining Uber’s platform in the hopes of earning extra cash.
Oatly Oat Milk product is among 53 specialty drinks recalled because of contamination
An Oatly Oat Milk product is among 53 specialty drinks being recalled because of possible bacterial contamination.
A looming Lufthansa pilot strike would hit 20 U.S. airports
Pilots for German flagship carrier Lufthansa voted Sunday in favor of a strike, threatening to complicate what has already been a tough summer travel season
Home prices cooled at a record pace in June, according to housing data firm
Rising mortgage rates and inflation in the wider economy caused housing demand to drop sharply in June, forcing home prices to cool down.
Some Banana Boat sunscreen products recalled after benzene detected
Edgewell Personal Care Company announced that it has issued a voluntary nationwide recall of three batches of Banana Boat sunscreen after benzene was detected.
Elon Musk countersues Twitter, but details of the suit are confidential
Elon Musk countersued Twitter on Friday, intensifying the conflict between the Tesla CEO and the social networking company he agreed to buy, but the lawsuit is