Florida lawmakers have approved a bill that makes changes to Disney’s Reedy Creek special governing district, including replacing its board of supervisors and giving it a new name. Gov. Ron DeSantis is expected to sign…
Business
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Walmart Inc. is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods. For the world’s biggest…
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Adidas said Thursday that it is at risk of losing as much as 1 billion Euros — equivalent to $1.07 billion — in operating profits if it fails to successfully offload its inventory of Kanye…
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Business
Netflix confirms it will start charging users to share an account with others outside their home
Attention Netflix password sharers: Your days of giving free access to your account to someone outside your home are numbered. The streaming platform announced Wednesday it would begin charging subscribers in a handful of countries…
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Business
Colgate-Palmolive recalls 4.9 million units of Fabuloso multipurpose cleaner citing risk of exposure to bacteria
Consumer household goods giant Colgate-Palmolive is recalling approximately 4.9 million units of Fabuloso multipurpose cleaner because the products may expose consumers to a harmful bacteria. According to a Wednesday notice on the Consumer Product Safety…
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Disney said Wednesday it is planning to reorganize into three segments. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and…
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Bed Bath & Beyond will live to see another day — at least for now. The beleaguered home goods retailer is expecting to receive more than $1 billion in equity from a Hail Mary stock offering it hopes…
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A former senior vice president of Wells Fargo has filed a lawsuit alleging she was raped by a colleague, and is accusing three other co-workers of enabling the assault. And when she raised the incident…
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Bed Bath & Beyond said it plans to close another 150 stores as it continues to reorganize its finances. The planned closures, announced in a regulatory filing Monday, come as the company also said it…
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Yahoo will lay off more than 20% of its workforce by the end of 2023, eliminating 1,000 positions this week alone, the company said in a statement Thursday. Private equity firm Apollo Global Management acquired 90% of Yahoo…