Business
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(NEW YORK) — Twitter suffered a user outage on Wednesday that lasted for hours and required an emergency fix, prompting an apology from the company and marking one of the first major site malfunctions under the leadership of Elon Musk. When attempting to post messages, many users encountered a notice telling them that they had […]
(NEW YORK) — Southwest Airlines Chief Operating Officer Andrew Watterson faced lawmakers Thursday in a highly-anticipated Senate Commerce Committee hearing to answer for the airline’s historic holiday meltdown. “Let me be clear: we messed up,” Watterson testified. “In hindsight, we did not have enough winter operational resilience.” The largest domestic airline in the U.S., Southwest […]
(BURBANK, Calif.) — Disney is set to eliminate 7,000 jobs, CEO Bob Iger said on the company’s earnings call on Wednesday. The company is targeting a total of $5.5 billion in cost savings, Iger said. In all, $3 billion in cuts will come from content, excluding sports, he added; while $2.5 billion will come from […]
(NEW YORK) — Some people are watching Super Bowl LVII for the big game, while others are watching for the halftime show when superstar Rihanna will make her long-awaited return to music and, of course, we can’t forget the commercials. Companies from Bud Light to PopCorners have teased their commercials and spent big money ahead […]
(NEW YORK) — A number of popular Fabuloso cleaning products were recalled Wednesday by the Colgate-Palmolive Company due to risk of bacteria contamination, according to the Consumer Product Safety Commission. About 4.9 million units — as well as about 56,000 units in Canada — of various Fabuloso Multi-Purpose Cleaner products were impacted by the recall, […]
(BURBANK, Calif.) — Disney is set to lay off 7,000 workers, CEO Bob Iger said on the company’s earnings call on Wednesday. The company is targeting a total of $5.5 billion in cost savings, Iger said. In all, $3 billion in cuts will come from content, excluding sports, he added; while $2.5 billion will come from […]
(NEW YORK) — For those facing a mountain of debt, the burden can seem daunting, embarrassing and impossible to tackle. And while many across the country have debt from student loans, credit cards or other sources, the situation can feel overwhelming, especially if you’re facing it alone. Bernadette Joy felt that way in 2016, when […]
(WASHINGTON) — President Joe Biden on Tuesday touted the nation’s economic health in his State of the Union Address, just days after a blockbuster jobs report showed a strong labor market has coincided with a monthslong easing of inflation. Biden also proposed solutions for what he considers an ongoing economic ill: income and wealth inequality. The […]
(NEW YORK) — Many baby formula milk companies allegedly exploit parents’ emotions and “manipulate” scientific data to boost sales, according to a major new analysis published in The Lancet. The analysis, led by Professor Nigel Rollins of the World Health Organization, said urgent clampdowns are needed to address misleading claims made by the industry. It […]
(WASHINGTON) — President Joe Biden on Tuesday is expected to tout the nation’s economic health in his State of the Union Address, just days after a blockbuster jobs report showed a strong labor market has coincided with a monthslong easing of inflation. Looking ahead, however, Biden is expected to propose solutions for what he considers […]