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Business News

Saturday, Oct 12, 2019 at 06:01 PM EDT

Alaska Airlines to Pay $25 Million for Non-Compliant Wage Statements

Alaska Airlines to Pay $25 Million for Non-Compliant Wage Statements

Alaska Airlines was ordered to pay $25 million to about a thousand of its employees for withholding information on wage statements. Julie Gunther, a San Diego resident, filed the lawsuit against Alaska Airlines...

Saturday, Oct 12, 2019 at 03:35 AM EDT

Companies Welcome US-China Trade Truce, Warn Disputes Remain

Companies Welcome US-China Trade Truce, Warn Disputes Remain

Companies have welcomed a U.S.-Chinese trade truce as a possible step toward breaking a deadlock in a 15-month-old tariff war, while economists caution there was little progress toward settling core disputes...

Friday, Oct 11, 2019 at 02:14 PM EDT

Big Tech Is Now a Big Punching Bag for Politicians

Big Tech Is Now a Big Punching Bag for Politicians

Republicans and Democrats don't agree on health care, immigration or taxing the rich. But one subject draws critics from both parties: Big Tech. The list of grievances is long and growing by the week. Companies...

Friday, Oct 11, 2019 at 01:43 PM EDT

US Consumers Snap Up Italian Parmesan Before Tariffs Hit

US Consumers Snap Up Italian Parmesan Before Tariffs Hit

U.S. consumers who appreciate the tang of aged Italian Parmesan cheese as an aperitif or atop their favorite pasta dish are stocking up ahead of next week's tariff hike and as dairy producers in the two...

Friday, Oct 11, 2019 at 08:13 PM EDT

Judge Will Halt Lawsuits Against Purdue Pharma, Its Owners

Judge Will Halt Lawsuits Against Purdue Pharma, Its Owners

A judge is pushing for a settlement of more than 2,600 lawsuits facing OxyContin maker Purdue Pharma with a decision Friday to pause litigation against the company and members of the wealthy Sackler family that...

Friday, Oct 11, 2019 at 03:59 PM EDT

Subaru Recalls Some Forester Vehicles Due to Airbag Issue

Subaru Recalls Some Forester Vehicles Due to Airbag Issue

Subaru is recalling more than 350,000 Forester vehicles with heated seats because an electrical connection in the front passenger seat may loosen and deactivate the airbag even though the seat is occupied. Sub...

Thursday, Oct 10, 2019 at 02:59 PM EDT

Vaping Fallout: Small Stores Suffer as Vapers Turn Away

Vaping Fallout: Small Stores Suffer as Vapers Turn Away

The thousands of shops that sprang up in cities and towns across the country over the past decade to sell vaping products have seen a stunning reversal of fortune, with their sales plunging in just two months...

Wednesday, Oct 9, 2019 at 08:00 AM EDT

Walgreens, Kroger to Stop Selling E-Cigarettes in US

Walgreens, Kroger to Stop Selling E-Cigarettes in US

Two major retailers say they will no longer sell e-cigarettes in the U.S. amid mounting health questions surrounding vaping. Supermarket chain Kroger and drugstore chain Walgreens announced Monday they would...

Wednesday, Oct 9, 2019 at 12:34 PM EDT

American Pushes Back Expected Return of 737 MAX Planes

American Pushes Back Expected Return of 737 MAX Planes

American Airlines is pushing back the expected return of its Boeing 737 MAX jets into next year. The airline said Wednesday that it expects to slowly bring the plane back into its schedule starting Jan. 16....

Tuesday, Oct 8, 2019 at 09:10 PM EDT

Johnson & Johnson, Risperdal Maker Hit With $8B Verdict

Johnson & Johnson, Risperdal Maker Hit With $8B Verdict

A Philadelphia jury on Tuesday awarded $8 billion in punitive damages against Johnson & Johnson and one if its subsidiaries over a drug the companies made that the plaintiff's attorneys say is linked to the...

 

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