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Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its

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Sep 27, 2025
The charm of watching movies in theaters is fading

The charm of watching movies in theaters is fading

WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a theater, according to a

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Sep 26, 2025
LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is acquiring the rights to Fyre

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Sep 17, 2025
Convenience stores are eating fast-food chains’ breakfast

Convenience stores are eating fast-food chains’ breakfast

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in July, while visits to food-forward

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Sep 15, 2025
Trump administration ramps up pressure on Labor Department with data probe

Trump administration ramps up pressure on Labor Department with data probe

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter published Wednesday, the office of

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Sep 11, 2025
Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the

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Sep 8, 2025
Mortgage rates see biggest one-day drop in over a year

Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment

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Sep 6, 2025
Paramount mandates 5-day-a-week return to office ahead of major cost cuts

Paramount mandates 5-day-a-week return to office ahead of major cost cuts

David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work

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Sep 5, 2025
Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube

The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC

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Sep 4, 2025
U.S. judge orders Google to share search data with competitors

U.S. judge orders Google to share search data with competitors

Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the

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Sep 3, 2025

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