President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed Thursday evening. Trump did not receive any money for the…
Business
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Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday in three key markets — Seattle, Los Angeles and Chicago. …
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OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz served as a way for the high-profile and…
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Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report. CEO Barry Litwin told corporate employees in…
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The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on Zelle, the payment platform they co-own. According to…
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How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill
by adminThe fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction Act, is in the hands of the incoming Republican-controlled White House, Senate and House of Representatives. At the White…
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Business
Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
by adminMalls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow death of department stores and rise of online shopping have hurt…
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When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day. Now, the…
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Grubhub to pay $25M to settle charges that it misled diners and drivers about costs and pay
by adminGrubhub will pay $25 million to settle charges it misled customers about the cost of their delivery and drivers about how much they could earn on the food-delivery platform. The…
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Business
Starbucks union votes to authorize strike ahead of last scheduled bargaining session in 2024
by adminStarbucks Workers United said Tuesday that 98% of union baristas have voted to authorize a strike as they seek a contract with the coffee giant. Bargaining delegates are set to return…