Sheryl Sandberg, Longtime No. 2 Exec At Facebook, Steps Down
SAN FRANCISCO (AP) — Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, is stepping down, according to a post Wednesday on her Facebook page. Sandberg has served as chief...
Boycott Advocates Claim Victory As General Mills Divests Its Israeli Dough Operation
JERUSALEM (JTA) - General Mills announced Tuesday it would be fully divesting from a business venture in Israel that had operated in an East Jerusalem settlement, in a move pro-Pal...
Israel, UAE Sign Free Trade Deal, First With An Arab Country
JERUSALEM (AP) — Israel and the United Arab Emirates signed a free trade agreement on Tuesday, the first of its kind that Israel has concluded with an Arab country.
The UAE agre...
Key Inflation Gauge Slowed To Still-High 6.3% Over Past Year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2...
Housekeepers Struggle As US Hotels Ditch Daily Room Cleaning
HONOLULU (AP) — After guests checked out of a corner room at the Hilton Hawaiian Village resort on Waikiki beach, housekeeper Luz Espejo collected enough trash, some strewn under b...
Twitter To Pay $150M Penalty Over Privacy Of Users’ Data
WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy...
El Al Moves US Headquarters From New York To Miami
Jerusalem (JNS) - Israeli national airline El Al announced that it is moving its U.S. headquarters from New York City to Miami to save the company $500,000 annually.
According t...
Best Buy’s Q1 Results Show Inflation’s Bite
NEW YORK (AP) — Best Buy Co. posted first-quarter results that showed shoppers pulled back on spending, while higher costs ate into profits.
The nation's largest consumer electr...
Re/max CEO: Home Prices Can’t Keep Up Double-digit Gain
LOS ANGELES (AP) — The U.S. housing market is slowing as would-be buyers struggle with rising borrowing costs and a persistent shortage of properties for sale.
Previously occupi...
Starbucks Leaving Russian Market, Shutting 130 Stores
Starbucks is pulling out of the Russian market.
In a memo to employees Monday, the Seattle coffee giant said it decided to close its 130 stores and no longer have a brand presen...
Mercedes Claims Record Price For Rare Winged Car At Auction
BERLIN (AP) — German automaker Mercedes-Benz said Thursday that it has auctioned an extremely rare car from its company collection for a roaring 135 million euros ($143 million).
...
WhatsApp Adds Messaging Tools To Attract Businesses
WhatsApp parent Meta is moving forward with its push to attract businesses to its popular chat app, part its effort to find new ways to make money beyond targeted advertisements on...
A Bear Market May Be On The Horizon. Here’s What That Means
NEW YORK (AP) — Investors on Wall Street need a place to hide.
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising intere...
EXPLAINER: Why is there a shortage of baby formula?
NEW YORK (Yaakov M / VINnews) — What caused the baby formula shortage?
The short answer is, the government. (In fact the Washington Examiner calls it “Biden’s formula shortage”....
Spirit Tells Shareholders To Reject Hostile Bid From Jetblue
Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it went hostile in its bid to create what would be the nation’s fifth lar...
Stocks Fall Sharply As Target’s Woes Renew Inflation Fears
NEW YORK (AP) — The Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday, as big earnings misses by Targe...
168-Year-Old Peterboro Basket Co. Closing, Cites Forest Pest
PETERBOROUGH, N.H. (AP) — A 168-year-old company in New Hampshire known for its handwoven, hardwood baskets is closing its factory and stopping production, partly because of an ins...
NY Agency Files Discrimination Complaint Against Amazon
A state agency in New York has filed an administrative complaint against Amazon, alleging the e-commerce giant discriminated against pregnant and disabled workers by denying them “...
Target Feels Inflation’s Sting In First Quarter, Shares Slip
NEW YORK (AP) — Target took a big hit from higher costs during the first quarter despite brisk sales.
Profits for major retailers has come under pressure from both surging infla...
Argo Touts Driverless Operations In Miami And Austin, Texas
NEW YORK (AP) — An autonomous vehicle technology company that partners with Ford and Volkswagen says it has started driverless operations in two of eight cities where it is develop...