Secret Service recovers $286 million in stolen pandemic loans
Since 2020, the Secret Service initiated more than 3,850 pandemic related fraud investigations.
Peloton shares jump 20% after agreeing to sell bikes on Amazon
The news of Peloton’s deal with Amazon sent shares soaring 20%, which was the biggest one-day jump in more than six months.
Peloton turns to Amazon to sell bikes in effort to reverse slump
The collaboration is Peloton's first with another retailer. Before, its products were sold only through its website, physical showrooms and other channels.
Social Security accelerates decision-making process for those with severe disabilities
The Social Security Administration announced 12 new conditions that will receive a quick decision on disability benefits.
Gas prices drop below $4 again, AAA says
Gas prices slid back below $4 per gallon last week as demand continues to fall, according to AAA.
States with the most generous tippers despite inflation
Full-service restaurants saw an average tip of 19.7% during the second quarter, according to the data. Here are the states that ranked most generous and least generous.
Wendy's restaurants to get digital makeovers with mobile order parking, delivery pick-up windows
Under the plan, restaurants will feature a sleek and modern design with upgraded technology to make convenience, speed and accuracy more available to customers.
Bed Bath & Beyond woes continue after influential investor exits
Bed Bath & Beyond reported a 25% drop-off in sales in its most recent quarter, which followed a 22% sales decline the previous quarter.
Walmart to expand abortion coverage for employees
Walmart, the nation’s largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue following the Supreme Court ruling that scrapped a nationwide right to abortion.
Lowe’s to pay $55 million in bonuses for hourly frontline workers amid high inflation
Lowe’s gave seven similar bonuses after the pandemic began in 2020 and 2021.
Walmart to offer Paramount+ access to members of retail giant's subscription service
Walmart+, a shipping subscription service, and the new deal with Paramount is part of the retailer’s effort to better compete with Amazon's Prime membership program.
DoorDash to deliver Facebook Marketplace purchases in US
DoorDash will deliver certain smaller items purchased on Facebook Marketplace as part of a new partnership. Here's what can be delivered.
Peloton cutting over 700 jobs, raising prices on Bike+, Tread
The fitness giant will also reduce its North American retail footprint and eliminate its final mile distribution network.
Elon Musk sells $7B in Tesla shares ahead of Twitter fight
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.
Biden signs bill to boost US chip manufacturing to better compete with China
Biden signed the CHIPS Act, a $280 billion bipartisan bill to increase domestic high-tech manufacturing to boost U.S. competitiveness over China.
Toys R Us reopens in 9 states, more locations 'coming soon'
All Toys R Us locations across the U.S. will be complete in time for holiday shopping season.
Massachusetts brewery forced to cut jobs due to CO2 shortage: 'Huge threat to our business'
Auto fuel is not the only gas in short supply.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Walmart announces layoffs amid lower profit forecasts
Walmart expects adjusted earnings per share for Q2 to decline to around 8% or 9%.
New crypto oversight legislation arrives as industry shakes
Crypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.