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Categories Business

Amazon Web Services CEO Adam Selipsky to step down

Author May 15, 2024

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month, the company announced Tuesday. Matt Garman, senior vice president of

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Categories Business

Fewer homeowners are remodeling, but demand is still ‘solid’

Author May 14, 2024

Fewer homeowners have been taking on remodeling projects, reports show. But don’t mistake it for a slow market. The Leading Indicator of Remodeling

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Categories Business

Amazon’s Zoox under investigation by NHTSA after two robotaxi crashes

Author May 14, 2024

U.S. safety regulators have opened a probe into Amazon-owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended

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Categories Business

U.S. autoworkers union seeks tough victory at Mercedes plant in Alabama

Author May 14, 2024

Workers at a Mercedes-Benz plant in Alabama began voting Monday on whether to join the United Auto Workers union, a significant test of

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Categories Business

Target says Pride collection will appear in ‘select’ stores, cuts LGBTQ apparel for kids

Author May 14, 2024

Target will limit which stores sell LGBTQ-themed products following last year’s firestorm over its decision to sell products designed for transgender people. The

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Categories Business

Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates

Author May 13, 2024

Mortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after

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Categories Business

Apple’s Maryland store workers vote to authorize strike

Author May 13, 2024

Workers at Apple’s store in Towson, Maryland, have voted in favor of authorizing a strike, the International Association of Machinists and Aerospace

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Categories Business

Social Security Administration to expand access to certain benefits through several upcoming changes

Author May 13, 2024

The Social Security Administration is set to implement new rules to make it easier for beneficiaries to access certain benefits and increase the payments

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Categories Business

Fatburger parent company, chairman charged in alleged fraud scheme

Author May 13, 2024

Federal authorities said Friday they charged Fat Brands and its chair, Andy Wiederhorn, of committing a brazen scheme that netted him $47 million in

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Categories Business

Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines

Author May 12, 2024

Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars.  The country’s largest

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