The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in rural communities in need of economic development. The…
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Business
Possible work stoppage at Canada’s two largest railroads could disrupt U.S. supply chain
by adminDETROIT — Canada’s two largest railroads are starting to shut down their shipping networks as a labor dispute with the Teamsters union threatens to cause lockouts or strikes that would…
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Changes to realtor commissions taking effect this weekend could give home sellers a lot more negotiating power — and for buyers, potentially some more paperwork. Starting Saturday, realtors will be…
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Business
Judge temporarily blocks sports streaming service owned by Disney, Fox, Warner Bros.
by adminA U.S. judge temporarily blocked media companies Disney, Warner Bros. Discovery and Fox from launching their sports streaming service, Venu, according to court filings. The temporary injunction, granted in response to a lawsuit brought by Fubo…
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Business
Recalled cucumbers linked to at least 449 illnesses have been pulled from stores, CDC says
by adminAt least 449 people were likely sickened by cucumbers tainted with Salmonella bacteria, the U.S. Centers for Disease Control and Prevention said Wednesday. Since June, the agency has been investigating…
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Business
Lawmakers ask Mark Zuckerberg to show how Facebook, Instagram are addressing illicit drug ads
by adminA bipartisan group of lawmakers sent Meta CEO Mark Zuckerberg a letter on Thursday expressing concern that the company is failing to prevent illicit drug advertisements from running on its platform. The House members…
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Business
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
by adminAn ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of parent company Brinker International, told…
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WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced late Wednesday. “There’s a big difference between…
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Business
Mortgage refinancing surges 35% in one week as interest rates hit lowest level in over a year
by adminIt appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted. Applications to refinance a home loan surged 35%…
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Business
FTC bans fake online reviews, inflated social media influence; rule takes effect in October
by adminThe Federal Trade Commission on Wednesday voted unanimously to ban marketers from using fake reviews, like those generated with AI technology, and other misleading practices to promote their products and services. All five FTC…