Just because a product is for sale doesn’t mean it’s safe, says the man leading the U.S. Consumer Product Safety Commission, the federal agency charged with protecting the public against unreasonably dangerous or deadly products. “I do know in talking to people, they often think because it’s on the shelves, …
Read More »Stocks rose in afternoon trading on Wednesday after the Federal Reserve left its key interest rate unchanged, but signaled that it plans to begin raising interest rates as soon as March. In its latest policy statement, the Fed also said it would phase out its monthly bond purchases, which have …
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Consumer prices jumped last month at their fastest rate since 1982 as surging inflation in items ranging from food to housing showed no signs of abating. The Consumer Price Index, which tracks the price of a broad range of goods, rose 0.8% November and is up 6.8% from a year …
Read More »Major League Baseball has entered a work stoppage for the first time in decades, with team owners and ballplayers still at odds over a new collective bargaining agreement. The last pact expired just before midnight on Wednesday, and team owners have called a lockout — management’s version of a strike. …
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Struggling to attract workers as the coronavirus pandemic drags on, major companies are dangling an uncommon benefit to lure job candidates: a chance to get paid every day. Dozens of employers — including fast-food chains Arby’s, Wendy’s, Jimmy John’s and Taco Bell as well as retailers Big Lots, Dollar Tree and Kroger— …
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Minnetonka is apologizing for profiting off of Native American culture without acknowledging its role in the 75-year-old Minnesota company’s line of moccasins and other footwear products. “We recognize that our original products, some of which are still sold today, have been appropriated from Native American culture,” David Miller, Minnetonka’s CEO, …
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A painting by Jean-Michel Basquiat, long out of public view, is being paired with the iconic Tiffany diamond in a new advertising campaign that features singer Beyoncé and her rapper husband Jay-Z. “As part of a private collection from its creation until now, this campaign marks the work-of-art’s first public …
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Amazon founder Jeff Bezos and music industry star Drake are investing in Overtime as part of a new $80 million round of funding for the sport startup, which is geared to fans more interested in watching game highlights on social media than three hours of ESPN. A significant portion of …
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Sephora said it closed all of its stores for an hour on Wednesday so employees across the country could undergo diversity training. The move comes after singer SZA said she was profiled at a Sephora in Calabasas, California. In April, SZA tweeted that while she was shopping at the cosmetics …
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