The Securities and Exchange Commission on Monday said it fined billionaire activist investor Carl Icahn and his company $2 million, settling allegations...

Personal Finance

GM lays off more than 1,000 salaried software and services employees

August 20, 2024

DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review...

Personal Finance

To fix Starbucks, incoming CEO will have to tackle its mobile app problem

August 20, 2024

It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered...

Personal Finance

Possible work stoppage at Canada’s two largest railroads could disrupt U.S. supply chain

August 19, 2024

DETROIT — Canada’s two largest railroads are starting to shut down their shipping networks as a labor dispute with the...

Personal Finance

Home sale commissions are getting a shake-up this weekend

August 18, 2024

Changes to realtor commissions taking effect this weekend could give home sellers a lot more negotiating power — and for...

Personal Finance

Judge temporarily blocks sports streaming service owned by Disney, Fox, Warner Bros.

August 18, 2024

A U.S. judge temporarily blocked media companies Disney, Warner Bros. Discovery and Fox from launching their sports streaming service, Venu, according to court filings. The...

Personal Finance

TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold

August 17, 2024

An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest...

Personal Finance

Lawmakers ask Mark Zuckerberg to show how Facebook, Instagram are addressing illicit drug ads

August 16, 2024

A bipartisan group of lawmakers sent Meta CEO Mark Zuckerberg a letter on Thursday expressing concern that the company is failing to prevent illicit...