Business

Fisher-Price’s recalled Rock ‘n Play Sleepers have now been linked to 100 fatalities, the Consumer Product Safety Commission announced Monday. The sleeper was first recalled in April 2019 following reports that infants had rolled from…

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…

Payroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic growth. Nonfarm payrolls increased by 223,000 for…

U.S. stocks advanced Friday after the December jobs report and an economic activity survey showed signs that inflation may be cooling, signalling that the Federal Reserve’s interest rate hikes are having their intended effect. The…

Mercedes-Benz is recalling 324,000 vehicles that are at risk of stalling due to a water-intrusion defect. The notice affects Mercedes ML and GLE sport-utility vehicles for model years 2012-2020. Only 1% of vehicles are likely…

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…

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…

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…

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…

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…