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FTC Sues Walmart for Scammers' Use of Money Transfer Unit
The Federal Trade Commission said Tuesday that it has sued Walmart for allegedly allowing its money transfer services to be used by scam artists who stole "hundreds of millions of dollars" from customers.
New York's 1st Legal Marijuana Crop Sprouts Under the Sun
In a novel move, New York gave 203 hemp growers first shot at cultivating marijuana destined for legal sales, which could start by the end of the year. Big indoor growers are expected to join later.
How to Market to Millennials on Social Media
As of 2020, the US alone had more than 72 million millennials. Statistics show that they are also the highest spenders across all industries. Here are tips for marketing to them on social media.
Did Corporate Greed Fuel Inflation? It's Not Biggest Culprit
Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices.
Abortion Ruling Thrusts Companies Into Divisive Arena
The Supreme Court's decision to end the nation's constitutional protections for abortion has catapulted businesses of all types into the most divisive corner of politics.
Hostess Introduces $TWINKcoins (Seriously)
This week the sweets giant Hostess "unveiled a new fluffy treat that's a nod to the most prominent cryptocurrencies out there."
Delta Wins Right to Stay at Dallas Airport after Lawsuit
Delta Air Lines will be able to continue operating flights at Dallas Love Field for another six years, under a settlement approved by the city council.
Alaska Airlines Reaches Contract Deal with Some Workers
A union has reached a deal with Alaska Airlines for a two-year contract extension that provides substantial raises for 5,300 gate agents, stores personnel, office staff, and ramp workers who load cargo.
Snap, Crackle, Pop: Kellogg to Split into 3 Companies
Kellogg Co., the 116-year-old maker of Frosted Flakes, Rice Krispies, Pringles and Eggo, will split into three companies focused on cereals, snacks and plant-based foods.
California Democrats to Investigate Cause of High Gas Prices
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
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
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, 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
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
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
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
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
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
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
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.