New Costco Breaks Ground in South Los Angeles With 800 Upper-Floor Apartments
Mayor Karen Bass and other officials broke ground Wednesday on a mixed-use project featuring a new Costco and 800 apartment...
CEOs Scale Back Hiring Plans Amid Weaker Sales Projections, Cooling Economy
America’s corporate leaders plan to pull back on hiring over the next six months and expect a slowdown in sales,...
Philadelphia Court Orders Exxonmobil to Pay $816 Million to Mechanic Over Benzene Exposure
A court in Philadelphia has upheld a $725 million jury verdict against ExxonMobil while ordering the oil giant to pay...
23andMe Proposes $30 Million Payment for Data Breach
23andMe proposes to compensate millions of customers affected by a data breach on the company’s platform, offering $30 million as...
Target to Hire 100,000 Seasonal Employees, Launches Early Holiday Promotions
Target said on Monday it would employ about 100,000 seasonal workers this holiday season, in line with the last three...
JPMorgan CEO Hints at Looming Crisis Worse Than Recession
JPMorgan Chase CEO Jamie Dimon said this week that a fate worse than recession for the U.S. economy—namely, stagflation—can’t be...
Pharmaceutical Company to Pay $25 Million in Federal Price-Fixing Settlement
A New Jersey-based pharmaceutical company has agreed to pay $25 million for allegedly engaging in a price-fixing scheme for a...
North Korean Hackers ‘Aggressively Targeting’ Crypto Industry, FBI Warns
The Federal Bureau of Investigation (FBI) issued a hacking alert on Tuesday warning that North Korea was aggressively targeting the...
Chase Bank Issues Fraud Warning After ATM Glitch Videos Spread Online
Chase Bank responded to viral social media videos depicting people exploiting an apparent flaw in the bank’s system, saying that...
The Failure of Economics Statistics
There is the reality all around us—restaurants struggling to survive, bills eating household income, jobs ever less secure, costs soaring...