Business

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 […]

Consumer Product Safety Commission (NEW YORK) — A number of popular Fabuloso cleaning products were recalled Wednesday by the Colgate-Palmolive Company due to risk of bacteria contamination, according to the Consumer Product Safety Commission. About 4.9 million units — as well as about 56,000 units in Canada — of various Fabuloso Multi-Purpose Cleaner products were […]

Michael Kovac/Getty Images for AFI (BURBANK, Calif.) — Disney is set to lay off 7,000 workers, 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 […]

Bernadette Joy (NEW YORK) — For those facing a mountain of debt, the burden can seem daunting, embarrassing and impossible to tackle. And while many across the country have debt from student loans, credit cards or other sources, the situation can feel overwhelming, especially if you’re facing it alone. Bernadette Joy felt that way in […]

Anna Moneymaker/Getty Images (WASHINGTON) — President Joe Biden on Tuesday touted the nation’s economic health in his State of the Union Address, just days after a blockbuster jobs report showed a strong labor market has coincided with a monthslong easing of inflation. Biden also proposed solutions for what he considers an ongoing economic ill: income and […]