Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people. The retailer said Thursday that it would be selling its Pride merchandise in a select number of its nearly 2,000 stores and on its website this year, citing “historical sales performance.” It added that in addition to selling ...
Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of whether the labor group can maintain momentum in the historically anti-union American South. A union victory at the plant, weeks after a resounding win at a Volkswagen factory in Tennessee, would be a watershed moment for the UAW as ...
Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of Remodeling Activity, an outlook measuring home improvement and repair spending on owner-occupied homes, peaked at 17.3% in the third quarter of 2022. The LIRA has been declining since, and slid 1.2% in the first quarter of 2024 compared to the ...
U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended by motorcyclists. The National Highway Traffic Safety Administration said Monday it initiated an investigation after two Toyota Highlanders equipped with Zoox’s automated self-driving braked unexpectedly. In both cases, motorcyclists collided into the Zoox vehicles, which led to minor ...
Workers at Apple’s store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace Workers (AIM) said in a statement late on Saturday. The date for work stoppage has yet to be decided, according to the union, which represents Apple’s retail store workers in Maryland. ‘The issues at the forefront of this ...
Social Security Administration to expand access to certain benefits through several upcoming changes
The Social Security Administration is set to implement new rules to make it easier for beneficiaries to access certain benefits and increase the payments some may receive. The new changes affect Supplemental Security Income, or SSI, which provides more than 7 million Americans with monthly benefit checks. Those benefits are for seniors ages 65 and up, or adults and children who are disabled ...
Federal authorities said Friday they charged Fat Brands and its chair, Andy Wiederhorn, of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks. Fat Brands, Wiederhorn and a few other people were criminally indicted by a federal grand jury in Los Angeles for wire fraud, tax evasion and other counts related ...
About 800,000 customers of the online therapy platform BetterHelp will start receiving refund notices related to a settlement with the Federal Trade Commission, the agency said Thursday. Last year, BetterHelp agreed to pay $7.8 million to settle FTC charges that it co-opted user data, including personal health questions, for advertising purposes, sharing the sensitive information with social media platforms like Facebook ...
McDonald’s is working to introduce a value meal in U.S. stores to help offset an increasingly challenging environment for consumers, two people familiar with the matter told CNBC. The people said the $5 meal could include four items: a McChicken or McDouble, four-piece chicken nuggets, fries and a drink. The value meal was first reported by Bloomberg News. The potential new offering ...
Sinclair, one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its footprint, according to people familiar with the matter. The company has hired Moelis as its investment banker and has identified more than 60 stations in various regions of the U.S. that it would be willing to sell, said the people, who ...