Business

Redwood Materials (NEW YORK) — That old laptop, cellphone and TV remote may have a newfound purpose: powering the next generation of electric vehicles. Luxury brand Audi recently partnered with Redwood Materials, a battery recycling startup, to collect rechargeable batteries found in everyday consumer devices — phones, hearing aides, electric toothbrushes and video game controllers. […]

LordRunar/Getty Images (NEW YORK) — Outside his packed resume of movie and television credits, Ben Affleck has become famous in meme form with his hands full of Dunkin’ iced coffee, doughnuts and more. In recent days, the Quincy, Massachusetts-based coffee chain, beloved by the Boston-raised actor, has been hinting at an upcoming debut Super Bowl […]

CPSC (NEW YORK) — The U.S. Consumer Product Safety Commission (CPSC) is warning consumers about possible entrapment hazards in Baby Trend Sit N’ Stand Double and Ultra strollers after one death was reported. The agency and stroller manufacturer announced Thursday that model numbers beginning with “SS76” or “SS66” have a risk of entrapment between “the […]

Grace Cary/Getty Images, FILE (NEW YORK) — A recent decline in mortgage rates has convinced some homebuyers to come off the sidelines. But other factors may keep buyers out of the market. Mortgage applications are up 28% from early November, and the number of people contacting real-estate agents to start the buying process has rebounded […]

ABC News (NEW YORK) — Authorities in Texas have launched an investigation into the marketing claims of the anti-fraud service Home Title Lock, looking to determine whether the California-based company that’s been promoted by Rudy Giuliani, Newt Gingrich and other right-wing personalities has misled consumers through its ads and promotional materials. “I won’t tolerate false, […]

maybefalse/Getty Images (NEW YORK) — Yahoo will lay off 20% of its workforce by the end of the year, including 1,000 employees this week, the company announced Thursday. The cuts are focused on the company’s ad tech division, Yahoo for Business, which will reduce its workforce by nearly 50% by the end of 2023 amid […]

martin-dm/Getty Images (NEW YORK) — Southwest Airlines Chief Operating Officer Andrew Watterson faced lawmakers Thursday in a highly-anticipated Senate Commerce Committee hearing to answer for the airline’s historic holiday meltdown. “Let me be clear: we messed up,” Watterson testified. “In hindsight, we did not have enough winter operational resilience.” The largest domestic airline in the […]

Karl Tapales/Getty Images (NEW YORK) — Twitter suffered a user outage on Wednesday that lasted for hours and required an emergency fix, prompting an apology from the company and marking one of the first major site malfunctions under the leadership of Elon Musk. When attempting to post messages, many users encountered a notice telling them […]

Michael Kovac/Getty Images for AFI (BURBANK, Calif.) — Disney is set to eliminate 7,000 jobs, CEO Bob Iger said on the company’s earnings call on Wednesday. The company is targeting a total of $5.5 billion in cost savings, Iger said. In all, $3 billion in cuts will come from content, excluding sports, he added; while […]

Jeffrey Grigsby / EyeEm/Getty Images (NEW YORK) — Some people are watching Super Bowl LVII for the big game, while others are watching for the halftime show when superstar Rihanna will make her long-awaited return to music and, of course, we can’t forget the commercials. Companies from Bud Light to PopCorners have teased their commercials […]