Florida Gov. Ron DeSantis will seek to bring Disney’s special governing district under direct state control in a bid to end the entertainment giant’s multi-decade arrangement with the Sunshine State. DeSantis is expected to appoint…
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Business
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Trader Joe’s is accused in a lawsuit of misleading and endangering shoppers by selling dark chocolate that contains harmful levels of lead and cadmium. The suit, filed on behalf of a New York consumer by…
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Bed Bath & Beyond warned Thursday it’s running out of cash and is considering bankruptcy. The retailer, citing worse-than-expected sales, issued a “going concern” warning that in the upcoming months it likely will not have the…
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Amazon said Wednesday it will cut over 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. The Wall Street Journal reported on the cuts earlier, which Amazon said pre-empted its planned…
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At the beginning of the pandemic, waves of layoffs hit retail, leisure and hospitality workers — anyone whose job depended on in-person interactions. But now that the pandemic is waning, those workers are in shorter supply…
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The Federal Trade Commission proposed a new rule Thursday to ban the use of noncompete clauses in worker contracts, a change that would significantly boost employees’ negotiating powers. The proposal is based on the FTC’s…
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Business
American Airlines faces penalties for punishing flight attendants who reported toxic cabin fumes
American Airlines illicitly retaliated against flight attendants who reported toxic fumes entering airplane cabins, according to an investigation by the Occupational Health and Safety Administration (OSHA). According to a whistleblower investigation initiated in August, the…
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Business
Peloton to pay $19M fine for failing to report treadmill hazards and selling recalled equipment
Peloton has agreed to pay a penalty of more than $19 million after the Consumer Product Safety Commission said the exercise company failed to report potential hazards in using its treadmill and sold previously recalled…
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Business
Analysts: Southwest is America’s favorite economy airline. That won’t change despite holiday meltdown.
Travelers love Southwest Airlines, according to J.D. Power’s annual ranking of the top U.S. air carriers. Southwest finished first in economy and budget airline rankings published by the consumer research firm last May. Analysts say…
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Popular cryptocurrency exchange Coinbase announced an agreement Wednesday to pay $50 million to resolve a New York investigation into lapses concerning its anti-money laundering and know-your-customer practices. The company said it would invest an additional…