The Latest

Costco sued over alleged inhumane treatment of chickens

Costco was slapped with a shareholder lawsuit alleging the popular low-cost rotisserie chickens sold by the wholesale club are subjected to cruel deaths.

Cadillac's new electric luxury sedan might cost $300,000

Cadillac is aiming to reclaim the mantle of “Standard of the World” as it transforms into an all-electric car brand, and it looks like that means competing with the high-end...

Disney to pay for employees' abortion-related travel costs after SCOTUS ruling

The Walt Disney Co. told employees it will cover travel expenses related to out-of-state abortions — wading into a politically fraught issue amid its ongoing battle with Republican-dominated Florida over...

Hackers steal $100M of digital coins from crypto firm Harmony

US crypto firm Harmony said Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a...

Juul wins a temporary stay of FDA ban

Embattled e-cigarette maker Juul Labs is reportedly considering bankruptcy Friday as it petitioned a federal appeals court to temporarily halt the FDA's ban.

Naomi Osaka's new project with LeBron James mocked over 'vulgar' name

She didn't ace this one: Tennis champ Naomi Osaka is being hit with backlash over the name of her new media company, Hana Kuma.

Tesla to pay workers' abortion travel costs after moving HQ to Texas

Tesla has committed to covering travel-related expenses for employees who are forced to go out of state to have an abortion.

US housing market price correction to hit 'coast to coast,' economist warns

The scorching pandemic-era US housing market is on the verge of a “coast to coast” price correction as the Federal Reserve hikes interest rates, a prominent economist warned this week....

New home sales surge unexpectedly, but growth may be fleeting

Sales of new US single-family homes unexpectedly rose in May, but the rebound is likely to be temporary as home prices continue to increase and the average contract rate on a 30-year fixed-rate mortgage...

H&M shuts Shanghai flagship store after lockdowns, consumer backlash

H&M shut its flagship Shanghai store, its latest closure in China where consumer demand has slumped amid COVID-19 lockdowns and the fast-fashion retailer has borne the brunt of a backlash against companies that...