Business

$1.1B Mega Millions Prize Also Can be Winner for Retailers

$1.1B Mega Millions Prize Also Can be Winner for Retailers

BUSINESS | By Scott McFetridge | Jan 10, 2023

An estimated $1.1 billion Mega Millions jackpot drawing Tuesday night has people lined up at convenience stores, but shop and gas station owners selling the tickets also have a chance at a big bonus.

Conservatives Take Aim at Tenure for University Professors

Conservatives Take Aim at Tenure for University Professors

BUSINESS | By Heather Hollingsworth | Jan 8, 2023

The trend reflects how conservative scrutiny of instruction related to race, gender and sexuality has extended from schools to higher education. But budget considerations also play a role.

Musk Says He Can't Get Fair Trial in California, Wants Texas

Musk Says He Can't Get Fair Trial in California, Wants Texas

BUSINESS | By Christopher Rugaber | Jan 8, 2023

Elon Musk has urged a federal judge to shift a trial in a shareholder lawsuit out of San Francisco because he says negative local media coverage has biased potential jurors against him.

'Don't Say Gay' Feud Advances with New Proposed Legislation

'Don't Say Gay' Feud Advances with New Proposed Legislation

BUSINESS | By Anthony Izaguirre | Jan 7, 2023

Florida lawmakers will move to increase state control of Walt Disney World's private government, the latest development in a feud over a law critics have dubbed "Don't Say Gay."

Bookstore Owner Christina Pascucci Ciampa Creates Welcome Niche for Queer Books

Bookstore Owner Christina Pascucci Ciampa Creates Welcome Niche for Queer Books

BUSINESS | By Steve Duffy | Jan 6, 2023

Christina Pascucci Ciampa saw a need for feminist and queer books finding their way onto bookshelves for consumers. And she did so by starting small.

FTC Proposes Rule that Would Ban Employee Noncompete Clauses

FTC Proposes Rule that Would Ban Employee Noncompete Clauses

BUSINESS | By Alexandra Olson and Michelle Chapman | Jan 6, 2023

The Federal Trade Commission proposed a rule Thursday that would ban U.S. employers from imposing noncompete clauses on workers, a sweeping measure that could make it easier for people to switch jobs.

CES Startups Face Cautious Investors Amid Economic Woes

CES Startups Face Cautious Investors Amid Economic Woes

BUSINESS | By Haleluya Hadero | Jan 6, 2023

More than a thousand startups are showcasing their products at the annual CES tech show in Las Vegas, hoping to create some buzz around their gadgets and capture the eyes of investors.

Australia's Star Casino Could Remain under Regulator's Control till 2024

Australia's Star Casino Could Remain under Regulator's Control till 2024

BUSINESS | Jan 5, 2023

Who would want to run a casino in Australia at the moment? The industry has been rocked by one controversy after another.

A Lion Roars on Broadway as Box Office Hauls Reveal Winners

A Lion Roars on Broadway as Box Office Hauls Reveal Winners

BUSINESS | By Mark Kennedy | Jan 5, 2023

It was feast or famine at the Broadway box office as 2022 wound down, with eye-popping revenue for popular shows — including a staggering new Broadway record for "The Lion King" — not lifting all strugglers.

Amazon, Salesforce Jettison Jobs in Latest Tech Worker Purge

Amazon, Salesforce Jettison Jobs in Latest Tech Worker Purge

BUSINESS | By Michael Liedtke and Michelle Chapman | Jan 5, 2023

E-commerce giant Amazon and business software maker Salesforce are the latest U.S. technology companies to announce major job cuts as they prune payrolls that rapidly expanded during the pandemic.

Video Game Workers Form Microsoft's First U.S. Labor Union

Video Game Workers Form Microsoft's First U.S. Labor Union

BUSINESS | By Matt O'Brien | Jan 4, 2023

A group of video game testers is forming Microsoft's first labor union in the U.S., which will also be the largest in the video game industry.

Huawei Says It's Out of 'Crisis Mode,' Though Revenue Flat

Huawei Says It's Out of 'Crisis Mode,' Though Revenue Flat

BUSINESS | By Zen Soo | Dec 30, 2022

Chinese technology giant Huawei says it has emerged from "crisis mode" after years of U.S. restrictions that have stifled its overseas sales, even though its revenue for 2022 failed to grow.

Rocky Ride: Tesla Stock on Pace for Worst Year Ever

Rocky Ride: Tesla Stock on Pace for Worst Year Ever

BUSINESS | By Alex Veiga | Dec 29, 2022

Owning Tesla stock this year has been anything but a smooth ride for investors.

2022 Rewind: Walmart's Active Shorts Image Revealed Something XXL

2022 Rewind: Walmart's Active Shorts Image Revealed Something XXL

BUSINESS | Dec 28, 2022

Walmart does not come to mind when it comes to provocative and sexy images, but this ad on their website showed a buff man modeling a pair of men's active shorts with something XXL in full view.

Southwest Cancels More Flights, Draws Federal Investigation

Southwest Cancels More Flights, Draws Federal Investigation

BUSINESS | By David Koenig | Dec 28, 2022

Southwest Airlines scrubbed thousands of flights again Tuesday in the aftermath of the massive winter storm; the government said it would investigate why the company lagged so far behind other carriers.

Holiday Procrastinators are Back in Force. Blame Inflation

Holiday Procrastinators are Back in Force. Blame Inflation

BUSINESS | By Anne D'Innocenzio | Dec 23, 2022

Supply chain snags have eased and shoppers aren't as worried about availability as they are about higher prices on everything from rent to food, causing them to postpone their buying.

Cuban Artists Blocked from Once-promising NFT Trading Sites

Cuban Artists Blocked from Once-promising NFT Trading Sites

BUSINESS | By Megan Janetsky | Dec 22, 2022

Doors have begun to close for artists from Cuba because key NFT trading sites have gradually blocked them from doing business on their platforms, often with little or no explanation.

Amazon to Make Big Business Changes in EU Settlement

Amazon to Make Big Business Changes in EU Settlement

BUSINESS | By Kelvin Chand and Haleluya Hadero | Dec 21, 2022

Amazon will make major changes to its business practices to end competition probes in Europe by giving customers more visible choices and, for Prime members, more delivery options.

Wells Fargo to Pay $3.7B over Consumer Law Violations

Wells Fargo to Pay $3.7B over Consumer Law Violations

BUSINESS | By Ken Sweet | Dec 21, 2022

Banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, among other things.

Elon Musk Twitter Poll Ends with Users Seeking his Departure

Elon Musk Twitter Poll Ends with Users Seeking his Departure

BUSINESS | By Matt O'Brien, Kelvin Chan and Tom Krisher | Dec 19, 2022

Millions of Twitter users asked Elon Musk to step down as head of Twitter in a poll the billionaire created and promised to abide by.

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