Gig Company Arise Misled Consumers
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Financial Times - World
US consumer goods companies are losing upper hand on pricing
Businesses that imposed relentless post-pandemic price hikes are reaching the outer limits of the strategy -
Inc. - Business
Gig Work Company Settles With FTC for $7 Million Over Misleading Employees About Pay
"Operating in the 'gig' economy is no license for evading the law," Federal Trade Commission head Lina Khan tells Arise Virtual Solutions. -
NBC News - Top stories
‘Friendly fraud’ has more consumers disputing charges
Social media videos are teaching consumers how to dispute credit charges, and now some are abusing that process in a scam called “friendly fraud.” Disputed charges cost businesses $11 billion last year, and that number is expected to grow. NBC ... -
The Wall Street Journal - World
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany -
The Hill - Politics
Only 1 state in the US completely bans consumer fireworks
Firework laws are always a bit confusing for Americans ahead of the Fourth of July. Are you allowed to set them off? What kinds of fireworks can you legally purchase? It's a state-by-state mess that nobody seems to understand. -
ABC News - Top stories
WATCH: Storm surge from Hurricane Beryl consumes pier in Grand Cayman
Storm surge brought on by Hurricane Beryl inundated a beach in Grand Cayman on Thursday, flooding a pier and sending waves crashing against the shore. -
The Wall Street Journal - Business
Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany -
Financial Times - Business
The cloud over cloud companies
The sector has been left behind in the euphoria over artificial intelligence sweeping through the stock market -
CNBC - Business
Romance scams cost consumers $1.14 billion last year. It's a 'more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here's how to spot it and cut ties as soon as you can. -
CBS News - Top stories
Here's how many calories the Nathan's Hot Dog Eating Contest winner consumed
Another year of Nathan's Famous Hot Dog Eating Contest means a lot of calories consumed. Here's the breakdown. -
Inc. - Business
3 Reasons Your Company Needs a Valuation
The mistake business owners are making when it comes to their company valuations and how to fix it. -
BBC News - Top stories
Amazon at 30: What next for 'The Everything Company'?
Can Amazon sustain its rapid growth since 1994 - or will rivals or regulators cut it down to size?Amazon -
Financial Times - World
Smaller US companies are starved of investor attention
The Russell 2000 index struggles as megacaps dominate -
CNBC - Business
'They want out': This company helps Americans experiment with expat living
Americans hoping to move abroad are getting some help from travel companies and local guides. -
Inc. - Business
Among This Year’s Crop of New Unicorns, AI Companies--and the US--Dominate the Field
The rate at which new, privately held startups reach unicorn status is slowing. But among recent successes, it's clear that one buzzy new tech trend leads the field: AI. -
CNBC - Business
Investing in Space: Why military contracts are crucial for space companies
Military contracts often represent "we made it" moments for space companies. -
Inc. - Business
To Build a Better Company Culture, Accept That People Are Not Expendable Resources
In her new book, writer Samhita Mukhopadhyay breaks down the barriers businesses face to following through on DEI promises. -
ABC News - Top stories
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake -
The Wall Street Journal - World
Pro Take: Private Credit Embraces Nontraded Business Development Companies
Perpetual nontraded business development companies made up 42% of all BDC assets in 2023, fueling the expansion of the private-credit market. -
Financial Times - World
Wall Street’s upbeat earnings expectations set high bar for US companies
Analysts expect an uptick in earnings from corporate America will make up for tech sector slowdown -
ABC News - Top stories
Nutrition companies, parents clash in court over cause of infant intestinal disease
The Abbott company goes to court Monday in the second trial of a company whose specialty formula for preterm infants is accused of causing a serious intestinal disease. -
MarketWatch - Business
Wall Street is feeling better than normal about Q2 earnings. Will companies?
As big banks like JPMorgan Chase & Co. and air carrier Delta Air Lines Inc. lead off second quarter earnings reports, Wall Street analysts say profit growth will be just fine. -
CBS News - Top stories
AI-powered mental health bots developed as a therapy support tool
Artificial intelligence is being used as a way to help those dealing with depression, anxiety and eating disorders, but some therapists worry some chatbots could offer harmful advice. -
CBS News - Top stories
Company 3D prints houses on Earth, partners with NASA for moon project
A Texas company — driven by a mission to create faster, better and more affordable housing — is 3D printing homes. It's also working with NASA to 3D print on the Moon. Lesley Stahl reports.NASA -
Financial Times - World
UK consultant numbers shrink as companies cut back on external advice
Headcount fell 3 per cent last year with firms axing jobs and moving staff as post pandemic boom fadesUnited Kingdom -
Los Angeles Times - Entertainment
Paramount and Skydance agree to merge, marking a new chapter for the storied media company
Tech scion David Ellison's Skydance Media will gain control of Paramount, marking the end of the Redstone family's reign over the storied studio. -
MarketWatch - Business
Constellation Brands profit tops estimates and company backs guidance, offsetting slight sales miss
The brewer of Modelo Especial is still expecting sales to grow 6% to 7% in fiscal 2025. -
NBC News - Top stories
Black farmers' association calls for Tractor Supply CEO's resignation after company cuts DEI efforts
The Black Farmers Association called for Tractor Supply CEO's resignation after the rural retailer announced that it would cut DEI and climate advocacy. -
CNBC - Business
Healthy Returns: Brain implant company Paradromics launches patient registry ahead of human trial
Brain implant company Paradromics is preparing for human trials, while President Biden's poor debate performance affected health-care stocks. -
Inc. - Business
How a 135-Year-Old Fireworks Company Reinvented Itself as a Full-Service Spectacle Maker
The Vitale family business was founded in 1889. Five generations in, the company is bigger than ever. -
Inc. - Business
The Number 1 Mistake Companies Make When Expanding Abroad, According to a Business Development Expert
If you don't dedicate the right resources, you'll be at a disadvantage from the get-go. -
Inc. - Business
Black Farmers' Group Calls for Tractor Supply CEO's Resignation After Company Cuts DEI Efforts
The 130,000-member group repeatedly sought discussions with the rural retailer's chief, Hal Lawton, over its response to conservative activists' criticism. -
Inc. - Business
Figma’s CEO Just Responded to the Company’s AI Debacle. It’s the 1 Thing No Leader Should Ever Do
Copying Apple's Weather app is bad. This non-apology is even worse. -
MarketWatch - Business
Why Trump’s running-mate choice could matter for oil companies, banks, tech and other sectors
As Donald Trump gets closer to announcing his pick for running mate, the presumptive Republican presidential nominee’s decision on his No. 2 could end up having an impact on industries. -
Inc. - Business
Shipping Companies Push Back Against Vessel Speed Rules Designed to Protect Whales
Shipping and commercial fishing companies say these rules, designed to protect whales, pose economic consequences -
Inc. - Business
Jeff Bezos Said Successful Companies Last '30-Something Years.' Guess How Old Amazon Is Turning?
A big birthday, and some free business lessons. -
CBS Sports - Sports
'Dibu' Martinez rescues Argentina in shootout as Lionel Messi and company advance to Copa America semifinals
Messi missed in the penalty shootout, but his goalkeeper did what he usually does, dominating in PKs -
CBS News - Top stories
AI company lets dead celebrities read to you. Hear what it sounds like.
ElevenLabs uses AI to capture the voices of deceased performers such as Judy Garland and James Dean.Artificial Intelligence -
The Wall Street Journal - World
Netflix, U.S. Companies Ask Canada Appeal Court to Stop Proposed Tax on Streaming Revenue
An industry group representing Netflix, Walt Disney and other U.S. streaming companies has asked a Canadian court to stop plans by authorities to force them to fork over 5% of their sales in the country to help finance local broadcast news and ... -
NBC News - Top stories
Apple accepts Epic Games Store for the E.U. after facing a public callout from the company
Apple has signed off on the Epic Games Store in the EU after the gaming company publicly complained that the tech giant had repeatedly rejected their application.Apple