Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Amazon Expands 30-Minute Delivery Push
Amazon is rapidly expanding its new ultra-fast delivery service, promising customers deliveries in as little as 30 minutes in dozens of U.S. cities.
Musk Vs. Altman: OpenAI Court Battle Heats Up
The legal fight between Elon Musk and OpenAI is entering a critical new phase as CEO Sam Altman prepares to testify in court.
About 7.5 Million Baby Shark Bath Toys Recalled After They Cut or Stabbed Children
About 7.5 million singing and swimming “Baby Shark” bath toys are being recalled after multiple lacerations and puncture wounds were reported in children playing with them.
Bud Light Rolls Out New Ad Campaign
Bud Light has rolled out a new ad campaign, weeks after protests over the company's partnership with trans influencer Dylan Mulvaney.
3M Reaches $10.3 Billion Settlement
3M Co. reached a $10.3 billion agreement to settle lawsuits that claimed toxic chemicals had contaminated drinking water across the country.
Overstock.com Wins Bid for Bed Bath & Beyond Assets
Overstock.com has won the bid to buy Bed Bath & Beyond IP and digital assets.
Existing U.S. Home Sales Down 0.2% In May vs. April
Sales of existing homes rose just 0.2% in May from April and down over 20% from a year ago.
Fed Chair Jerome Powell Predicts Further Rate Hikes
In his second day of testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell reiterated that the board is considering more interest rate hikes.
United Airlines to Send Vouchers to Phones
United Airlines will now be able to send a meal or hotel voucher to customers' phones, if needed, during emergency situations.
U.S. Safety Agency to Require Automatic Emergency Braking on Heavy Trucks and Buses
The government will require heavy trucks and buses to include automatic emergency braking equipment within five years, the federal traffic safety agency said Thursday, estimating it will prevent nearly 20,000 crashes save at least 155 lives a year.
FDA Warns Stores to Stop Selling Elf Bar, the Top Disposable E-Cigarette in the U.S.
The Food and Drug Administration on Thursday said it has sent warning letters to dozens of retailers selling fruit- and candy-flavored disposable e-cigarettes, including the current best-selling brand, Elf Bar.
