Peloton fined $19 million for unsafe treadmills
By Alexandra Peers, CNN Peloton has agreed to pay a $19 million fine for failing to promptly report treadmill hazards and for distributing recalled…
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Auto sales are falling — but profits are surging. Welcome to the new normal
CNN By Nicole Goodkind, CNN The US auto industry just posted its worst sales in more than a decade — but that’s not necessarily a bad sign…
Continue ReadingHouse Dems to Buttigieg: ‘Much more needs to be done’ following Southwest meltdown
By Pete Muntean, CNN House Democrats overseeing airlines are telling Transportation Secretary Pete Buttigieg to come down harder on Southwest…
Continue ReadingHouse Dems to Buttigieg: ‘Much more needs to be done’ following Southwest meltdown
CNN By Pete Muntean, CNN House Democrats overseeing airlines are telling Transportation Secretary Pete Buttigieg to come down harder on Southwest…
Continue ReadingRam unveils electric pickup truck concept with three rows of seats
By Peter Valdes-Dapena, CNN Business Stellantis’s Ram truck brand is behind its competitors on launching an electric pickup, with trucks from…
Continue ReadingWall Street Journal: Vince McMahon plots return to WWE
By David Goldman, CNN Vince McMahon, the former World Wrestling Entertainment chief executive, who retired from the company last year following a…
Continue ReadingGM and Andretti are taking a shot at Formula 1
By Peter Valdes-Dapena, CNN Business General Motors, with its Cadillac luxury brand, has joined racing team managers Andretti Global in a bid to race…
Continue ReadingFederal Trade Commission proposes banning noncompetes for workers
By Jeanne Sahadi, CNN The Federal Trade Commission on Thursday said it is proposing a rule to ban employers from imposing noncompete agreements on…
Continue ReadingWhat to expect from the jobs report on Friday
By Alicia Wallace, CNN Friday’s jobs report is expected to show that the US economy added 200,000 jobs in December, with the unemployment rate…
Continue ReadingThis L’Oreal device aims to help people with limited mobility apply makeup
By Parija Kavilanz, CNN Many of us swipe on our favorite lipstick, mascara or blush in an easy breezy manner, without much physical effort. But there…
Continue ReadingStitch Fix lays off 20% of workforce and its CEO steps down
By Parija Kavilanz, CNN Stitch Fix, facing economic turbulence, announced a double whammy on Thursday: CEO Elizabeth Spaulding is stepping down and…
Continue ReadingDow sinks more than 300 points on strong jobs reports
By Nicole Goodkind, CNN Business The Dow fell more than 300 points on Thursday as strong jobs data spooked investors. A number of reports this week…
Continue ReadingMore nurses reach tentative contract agreement, but negotiations at five hospitals continue
By Samantha Beech, CNN The New York State Nurses Association (NYSNA) has announced tentative agreements have been reached with two more hospitals…
Continue ReadingMortgage rates start 2023 twice as high as they were a year ago
By Anna Bahney, CNN Mortgage rates inched up again last week, after a slight increase the week before interrupted six straight weeks of falling…
Continue ReadingHow to be a better investor in 2023
By Jeanne Sahadi, CNN If you’re planning to invest your hard-earned money in stocks, bonds and other assets this year, let humility be your…
Continue ReadingMaker of OXO and Osprey is laying off 10% of staff
By Danielle Wiener-Bronner, CNN Helen of Troy, which owns OXO and Osprey among other consumer goods and beauty brands, is laying off 10% of its…
Continue ReadingBankrupt cryptocurrency lender Celsius Networks allegedly defrauded investors out of billions of dollars
By Kara Scannell, CNN The New York attorney general filed a civil lawsuit Thursday against the co-founder of now-bankrupt cryptocurrency lender…
Continue ReadingGermany and Norway will build a big hydrogen pipeline
By Anna Cooban, CNN Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power…
Continue ReadingUS government moves to seize $460 million Robinhood stake linked to Sam Bankman-Fried
By Allison Morrow and Kara Scannell, CNN The US government is stepping into a contentious, multijurisdictional legal battle over the ownership of…
Continue ReadingBed Bath and Beyond says it may not survive
By Nathaniel Meyersohn and Jordan Valinsky, CNN Bed Bath & Beyond issued a grim message about its future Thursday, warning that a bankruptcy…
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