Business

(NEW YORK) — Near-historic price increases for basics like food and gas have drawn scrutiny to a question at the heart of the economy: How much money must a worker make to stay afloat? The price of eggs has risen nearly 50% over the last year; while the cost of milk and bread have each […]

(NEW YORK) — The U.S. Consumer Product Safety Commission is once again warning parents and caregivers not to use any models of Fisher-Price’s Rock ‘n Play sleepers, a type of chair used to soothe and rock infants to sleep. The safety agency released the repeat announcement Monday, nearly three years after the Rock ‘n Play […]

(NEW YORK) — More than 7,000 nurses at two hospitals in New York City went on strike early Monday morning demanding better pay, better working conditions and more staffing. The strike began at 6 a.m. after nurses at Montefiore Medical Center in the Bronx and Mount Sinai Hospital in Harlem failed to reach an agreement […]

(NEW YORK) — More than 7,000 nurses at two hospitals in New York City went on strike early Monday morning demanding better pay, better working conditions and more staffing. The strike began at 6 a.m. after nurses at Montefiore Medical Center in the Bronx and Mount Sinai Hospital in Harlem failed to reach an agreement […]

(NEW YORK) — For nearly a century, people have flocked every holiday season to Radio City Music Hall to watch the famous Rockettes perform in the Radio City Christmas Spectacular show. The latest show, however, is stirring up controversy among customers and privacy advocates. That controversy is over technology — specifically, facial recognition software. When […]

(NEW YORK) — The holiday meltdown at Southwest Airlines last month cost the company as much as $825 million in lost revenue and added expenses, the company said in a government filing on Friday. Southwest Airlines, the largest domestic airline in the U.S., canceled more than 16,000 flights over an 11-day period at the end […]

(NEW YORK) — The former chief executive of the cryptocurrency lending platform Celsius Network defrauded hundreds of thousands of investors out of hundreds of millions of dollars’ worth of cryptocurrency, New York Attorney General Letitia James alleged in a new lawsuit filed Thursday. Alex Mashinsky lied to investors, concealed Celsius’ dire financial condition and failed […]

(NEW YORK) — Peloton has agreed to pay a $19 million fine as part of a settlement over its treadmill recall, the U.S. Consumer Product Safety Commission announced Thursday. The fitness company recalled its Tread+ and Tread treadmills in May 2021 following reports of more than a dozen injuries and the death of a child. […]

(NEW YORK) — Hundreds of Uber drivers in New York City are carrying out a day-long strike on Thursday after a lawsuit from the rideshare company temporarily blocked a pay increase set to take effect last month. Striking drivers were set to hold a rally at the Manhattan headquarters of Uber, demanding the company drop […]

(NEW YORK) — Shares of Tesla plummeted 12% on Tuesday, wiping nearly $50 billion from the company’s value and eliciting scrutiny of CEO Elon Musk as he appears to focus on Twitter. The losses exacerbated a skid that goes back months. Since Musk acquired Twitter in late October, Tesla stock has fallen by half. Since […]