Breaking stories and in-depth analysis on the latest business headlines
WASHINGTON — The company behind a global recall of sleep apnea machines said Monday it will stop selling the devices in the U.S., under a tentative agreement with regulators that could cost the manufacturer nearly $400 million. Device maker Philips has recalled more than 5 million pressurized breathing machines due to risks that their internal […]
Maker of recalled sleep apnea machines agrees to halt sales in US Read More »
WASHINGTON — Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low. A year
Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts Read More »
ROME — Italian Premier Giorgia Meloni on Monday opened a summit of African leaders aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem the numbers of migrants, diversify sources of energy and forge a new relationship between Europe and Africa. Top European and United Nations officials said the
NEW YORK — Tax season began Monday and for many people filing U.S. tax returns — especially those doing it for their first time — it can be a daunting task that’s often left to the last minute. But if you want to avoid the stress of the looming deadline, start getting organized as soon
Tax season is under way. Here are some tips to navigate it. Read More »
Elon Musk’s social media platform X has blocked some searches for Taylor Swift as pornographic deepfake images of the singer have circulated online. Attempts to search for her name without quote marks on the site Monday resulted in an error message and a prompt for users to retry their search, which added, “Don’t fret —
X pauses some Taylor Swift searches as deepfake explicit images spread Read More »
In a sweeping two-year investigation, The Associated Press found goods linked to U.S. prisoners wind up in the supply chains of a dizzying array of products from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola. They are on the shelves of most supermarkets, including Kroger, Target, Aldi and Whole
NEW YORK — Walmart is further sweetening the perks for its U.S. store managers as the nation’s largest retailer and private employer seeks to retain its leaders and attract new ones in a still competitive job market. Walmart, which is based in Bentonville, Arkansas, and has almost 4,700 U.S. namesake stores, said Monday that starting
Walmart's latest perk for U.S. store managers? Stock grants Read More »
DETROIT — U.S. auto safety regulators will not seek a recall after a seven-year investigation into complaints alleging that Dodge and Ram vehicles can roll away after being shifted into park. The problem was similar to one that was blamed in the death of Star Trek actor Anton Yelchin, although the company was in the
LONDON — A lawyer for Prince Harry asked a judge Monday to order the publisher of the Daily Mirror tabloid to pay nearly 2 million pounds ($2.5 million) for a portion of the legal fees spent to prove that Mirror Group Newspapers invaded his privacy by hacking his phone and using unlawful means to dig
LONDON — Amazon called off its proposed acquisition of robot vacuum maker iRobot on Monday as the deal faced antitrust scrutiny on both sides of the Atlantic, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles.” The companies said in joint statement that they “entered into a mutual agreement to terminate their announced acquisition
Amazon calls off bid to buy robot vacuum cleaner iRobot amid scrutiny in US, Europe Read More »
