Shell profit doubles to record high as Russia-Ukraine war drives up energy costs

Shell is the latest oil company to report bumper profits even as the fossil fuel industry faces increasing pressure to cut climate-changing carbon emissions.

Fed raises rates 25 basis points in first meeting of 2023

The Federal Reserve announced a highly anticipated interest rate increase of 25 basis points at its February meeting. Here's what it means for your wallet.

'All-natural' Simply Tropical juice has high levels of toxic 'forever chemicals,' lawsuit alleges

The class-action lawsuit alleges that the presence of PFAS is “entirely inconsistent” with Coca-Cola and the Simply Orange Juice Company’s “all-natural ingredients” with “nothing to hide” marketing.

PagerDuty CEO apologizes for quoting Martin Luther King Jr. in layoff email to staff

CEO Jennifer Tejada said using the quote from the late civil rights leader in an email announcing that PagerDuty was letting go of 7% of its workforce was “inappropriate and insensitive.”

Ford cuts price on Mustang Mach-E after Tesla trims prices

Ford is lowering the price of its electric SUV up to $6,000. The company says in a statement Monday that the price cuts are part of Ford’s plan to keep the SUV competitive in a fast-changing market.

Vegas Strip resorts used vendor to fix hotel rates: Lawsuit

The average daily room rate for hotels on the Las Vegas Strip hit a high last year, topping $200 a night.

Amazon Prime ends free grocery delivery on orders under $150

Currently, the company offers members free grocery deliveries on orders above $35, with the exception of New York, where it’s $50.

Another week of declining mortgage rates fuels homebuyer demand:Freddie Mac

The average rate for a 30-year fixed-rate mortgage fell to 6.13% for the week ending Jan. 26, according to Freddie Mac's Primary Mortgage Market Survey.

Hasbro laying off 1,000 employees amid cost-savings push

The company well-known for Monopoly, Play-Doh, and My Little Pony toys says the layoffs are 15% of its global full-time workforce.

Bed Bath & Beyond can't pay creditors, bankruptcy looms

Bed Bath & Beyond said it can't pay debt that suddenly came due when credit administrator JPMorgan slapped the company with a notice of default and acceleration of payment. 

Minnesota Boundary Waters: US moves to protect area from planned mine

The Biden administration moved Thursday to protect northeastern Minnesota’s pristine Boundary Waters Canoe Area Wilderness from future mining, dealing a potentially fatal blow to a copper-nickel project.