Business Archives

Intel Building $20B Ohio Chip Facility Amid Global Shortage

Intel will invest $20 billion in a new computer chip facility in Ohio amid a...

Starbucks Ends Vaccine Mandate After Supreme Court Ruling

“We respect the court’s ruling and will comply,” Starbucks Chief Operating Officer John Culver wrote...

US Consumer Prices Soared 7% in Past Year, Most Since 1982

Inflation has spiked during the recovery from the pandemic recession as Americans have ramped up...

US Shoppers Find Some Groceries Scarce Due to Virus, Weather

The shortages are widespread, impacting produce and meat as well as packaged goods such as...

Grand Theft Auto Maker Buys FarmVille Company in $12.7B Deal

Take-Two Interactive is buying Zynga in a cash-and-stock deal valued at about $12.7 billion.

Former Theranos CEO Holmes Convicted of Fraud and Conspiracy

Elizabeth Holmes was convicted of duping investors into believing her startup Theranos had developed a...

Trump, Ivanka, Don Jr Subpoenaed by NY Attorney General

The office of New York’s attorney general confirmed for the first time that it had...

Snow Storms and Pandemic Ground Flights, Delay Holiday’s End

More than 2,600 U.S. flights and more than 4,400 worldwide were grounded.

Omicron, Storms, Disrupt Air Travel for 4th Consecutive Day

Flight delays and cancellations tied to staffing shortages have been a constant this year.

Yuengling Accuses Bud Light of Trampling on Trademark

A trademark tiff between America’s oldest beer maker and America's best-selling beer brand appears to...

Congress Approves Import Ban Targeting Forced Labor in China

Senators gave final congressional approval to a bill barring imports from China’s Xinjiang region unless...

Banks Slowly Reconsider Overdraft Fees, Amid Public Pressure

The banking industry appears to have overdone it on overdraft fees.