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Starbucks heads to Supreme Court in case against top U.S. labor board

The hearing comes even as the animosity between Starbucks and Workers United, the union organizing its workers, has begun to fade.

latest 8

Fortune

Dee-Ann Durbin

Oprah Winfrey and Dwayne Johnson donate more than $10m they pledged for Maui wildfire survivors

The Entertainment Industry Foundation, a longtime nonprofit that helps celebrities administer charitable work and that managed the distribution of...

latest 7

Fortune

Thalia Beaty

Bubble tea bust: Shares in bubble-tea maker Chabaidao plunge over 38% in Hong Kong’s biggest IPO of 2024

Shares of the Chengdu-based company were headed for the worst first-day performance since 2015 for any IPO that raised at least $300 million in...

latest 7

Fortune

Filipe Pacheco

Warren Buffett-owned BNSF Railway contributed to 2 deaths in Montana town where asbestos sickened thousands, jury finds

The jury awarded $4 million each in compensatory damages to the estates of the two plaintiffs, who died in 2020.

latest 6

Fortune

Amy Beth Hanson

Ocado overtakes rivals amid pressure from shareholders urging the group to leave London for New York

Lidl and Aldi combined now account for 18% of the UK’s grocery market. Ocado still accounts for less than 2% of the market, despite its sales...

latest 6

Fortune

Jennifer Creery

Despite incidents, Alaska was the most popular airline of 2023-2024

Overall airline satisfaction is at an all-time high.

latest 1

Fortune

Chris Morris

Baltimore accuses the owner and operator of Dali ship that collapsed bridge of providing ‘incompetent’ crew and ‘clearly unseaworthy’ vessel

The owner and manager of the Dali ship have categorically denied any wrongdoing.

latest 20

Fortune

Eleanor Pringle

AI startup Prime Intellect raises $5.5M to build high-powered, decentralized research platform

Prime Intellect announced a seed raise to help launch a decentralized platform on which researchers can collaborate and build open-source AI models.

latest 10

Fortune

Niamh Rowe

Gen Z are more bullish on early retirement than millennials, with 14% planning for an escape between 40 and 50

A chunk of Gen Zers anticipate working for just 2 decades, before kicking up their feet and living off just $500,000 for the following 60 years.

latest 6

Fortune

Orianna Rosa Royle

EU warns it’ll suspend TikTok’s new Lite app for its 'toxic and addictive' watch-for-rewards feature that allegedly endangers kids

“We suspect TikTok ‘Lite’ could be as toxic and addictive as cigarettes ‘light’,” EU commissioner Thierry Breton said.

latest 6

Fortune

Prarthana Prakash

Beijing says U.S. criticism of Chinese overcapacity is ‘naked economic coercion and bullying’

The trip comes as several issues test a stabilization of ties, which frayed last year following accusations that China flew a spy balloon over the...

latest 2

Fortune

Bloomberg

Stripe CEO would rather be a 'cave dweller' than work in the office

Around 40% of Stripes employees are fully remote, but CEO Collison has to go into the office despite his introverted personality.

latest 2

Fortune

Ryan Hogg

Australia’s prime minister calls Elon Musk an ‘arrogant billionaire’ after the X owner accuses the country's government of censorship

Australia's social media watchdog is asking X to block content regarding a violent attack in Sydney last week for all users globally.

latest 1

Fortune

Nicholas Gordon

Boost your earnings with the best 2-year CD rates

The best 2-year CD rates offer great returns and safety. Here's what you need to know.

latest 1

Fortune

Katherine Haan

Short-term investments with low risks and high rewards: the best 9-month CD rates

The best 9-month CD rates offer great returns and short-term flexibility. Here are the best rates, as well as what you need to know before choosing...

latest 1

Fortune

Katherine Haan

How Vietnam’s farmers are untangling the rice paradox

Rice must be grown separately from other crops and seedlings have to be individually planted in flooded fields; backbreaking, dirty work requiring...

latest 1

Fortune

Aniruddha Ghosal

Primark owner AB Foods expects 'significant growth' in profits for 2024 as inflation eases in recession-affected markets

Associated British Foods whose business ranges from grocery and agriculture to clothing expects "significant growth in both profitability and cash...

latest 1

Fortune

Jennifer Creery

$2,000 a month childcare costs are driving moms without college degrees out of the workforce

Nicole Slemp, 33, who lives in a Seattle suburb, says she felt like she had no choice.

latest 1

Fortune

Moriah Balingit

H1-B visas are the lifeblood of U.S. tech innovation–and the shortcut to semiconductor supremacy

Estimates have projected hundreds of thousands of missing workers to fill the jobs created by the Chips Act. This number grows to 1.4 million by...

latest 1

Fortune

Mishita Mehra

Better Together: How to combine Chase Freedom Flex℠ and Chase Sapphire Preferred® Card for maximum travel rewards

Like combining peanut butter and jelly, there’s a way to “combine” the Chase Freedom Flex and Sapphire cards for maximum travel rewards....

latest 0

Fortune

Chris Butsch

Apple Savings: High-yields for Apple enthusiasts, but what else?

Apple Card’s new high-yield savings account offers a great rate, but what else does it offer?

latest 0

Fortune

Katherine Haan

Elevate your savings with the best 4-year CD rates

A 4-year CD can help long-term investors lock in a great interest rate. Here are some of the best rates across the U.S.

latest 0

Fortune

Katherine Haan

Donald Trump's Truth Social business applied for the foreign worker visa that the former president called 'very bad' and tried to restrict

Trump Media & Technology Group, the company behind Truth Social, filed an application in June 2022 for an H-1B visa for a worker at a $65,000...

latest 0

Fortune

Adriana Gomez Licon

Golden Goose, beloved by Taylor Swift and Selena Gomez, appoints former Gucci CEO Marco Bizzarri to board

The Italian luxury sneaker maker is preparing for a possible listing in Milan and is expected to value the company between $3.2 billion and $4.3...

latest 0

Fortune

Flavia Rotondi

Credit Firm review 2024: An affordable credit repair company with decent customer reviews, but limited services

Credit Firm offers plans for individuals and couples, and even has discounts for military members, teachers, first responders, and seniors.

latest 0

Fortune

Michelle Lambright Black

Spotify CEO Daniel Ek surprised at negative impact of laying off 1,500 Spotify employees

Ek said Spotify employees were doing too much "work around the work" as he laid off 17% of the group's workforce in December.

latest 0

Fortune

Ryan Hogg

China’s EV price war flares up again after Tesla drops the cost of some models to the lowest point in 5 years

Chinese automaker Li Auto cut the cost of its lineup by around 7%, following a weekend price drop from U.S. automaker Tesla.

yesterday 30

Fortune

Peter Vercoe

Columbia University pivots to virtual classes on Passover as tensions escalate

School hopes to “deescalate the rancor”.

yesterday 10

Fortune

Chris Morris

Donald Trump is poised to get another $1 billion windfall from Truth Social

Windfall scheduled for Tuesday afternoon.

yesterday 7

Fortune

Chris Morris

These are professional investors' 3 biggest fears for markets in 2024, according to a JPMorgan survey

Investors are worried about resurgent inflation this year, but messy geopolitics are the long-term concern.

yesterday 7

Fortune

Will Daniel

Pacific Debt Relief review 2024: A debt solution with solid costumer rating

Dealing with an insurmountable amount of unsecured debt? Pacific Debt Relief might be the right solution to reach financial freedom.

yesterday 5

Fortune

Kimberlee Leonard

Musk turned Democrats off Teslas at a critical time. Here’s what they bought instead

Tesla is at a crossroads. Musk's political antics aren't helping.

yesterday 5

Fortune

Alicia Adamczyk

Baby boomer filled housing markets are seeing more supply and falling prices—the rest don’t have enough homes or sellers 

“The reality is that about 70% of sellers are also buyers, so sellers are sensitive in this environment as well,” Zillow’s chief economist said.

yesterday 5

Fortune

Alena Botros

Tata Consultancy Services cuts bonuses for employees who aren't in the office 5 days a week

Workers at the 600,000 strong consultancy risk receiving no bonus if they come into the office less than three days a week.

yesterday 5

Fortune

Ryan Hogg

In a ‘Succession’-style move, even more of LVMH CEO Bernard Arnault’s kids are nabbing pivotal roles, while their Gen Z brother faces big test

Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

yesterday 5

Fortune

Sasha Rogelberg

'Second Chance Month' is a failed promise for former inmates. Here's how we can fix that

We should help ex-inmates start businesses, give tax credits to employers who hire them, and expunge criminal records from search results after a...

yesterday 5

Fortune

Brian Hamilton

Caitlin Clark to sign $28 million deal with Nike to get her own sneaker

Caitlin Clark is set to cash in on her popularity with a historic Nike endorsement deal that would make her one of only three WNBA players with...

yesterday 10

Fortune

Paolo Confino

Tesla will try to stem the bleeding on its earnings call after its worst sales quarter in four years, a round of price cuts, and a sinking share price

Tesla, once a pioneer of electric vehicles, has even its most ardent supporters clamoring for CEO Elon Musk to “handhold investors.”

yesterday 1

Fortune

Paolo Confino

OpenAI’s Sam Altman is funding a green-energy moonshot as AI’s power demands grow to “insatiable” levels

Altman leads $20 million funding round for solar startup Exowatt, which aims to generate nearly unlimited and nearly free power.

yesterday 1

Fortune

Dylan Sloan

Chris Pratt’s decision to demo a historic home he bought for $12.5 million last year has ignited public outrage: He has ‘more money than taste.’

The well-preserved mid-century home was one of Ellwood’s few remaining designs.

yesterday 0

Fortune

Sunny Nagpaul

Your ground beef may be contaminated with E. coli, USDA says. Here are the products under public health alert

The Greater Omaha Packing Co. says one of its products tested positive for E. coli O157:H7, a strain known to cause severe intestinal infection in...

yesterday 4

Fortune

Lindsey Leake

A once-unthinkable revolution is quietly sweeping France's corporate landscape: Foreign-born CEOs

“The world has become a lot more flexible and very global, and CEO hires reflect this. The older generation didn’t have such an open culture.” 

yesterday 1

Fortune

Albertina Torsoli

3 big changes coming to Medicare in 2025—and what they'll mean for you

Here's the lowdown on how Medicare will operate differently in 2025.

yesterday 10

Fortune

Richard Eisenberg

Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list

The Meta CEO is now the world’s third richest person.

yesterday 5

Fortune

Marco Quiroz-Gutierrez

4 myths about couples therapy—and the truth

No, your relationship isn't doomed.

yesterday 4

Fortune

Jordyn Bradley

Finland—the world’s No. 1 coffee consumer—is turning to AI and lab-grown beans to energize the industry

A typical Finn consumes more than four cups of coffee per day, according to the International Coffee Organization.

yesterday 2

Fortune

Sasha Rogelberg

Baltimore leaders strike back after Singaporean firms tried to cap liability in port disaster—'negligence caused them to destroy the Key Bridge'

Attorneys argued the companies should have realized the Dali was unfit for its voyage.

yesterday 2

Fortune

Lea Skene

Designer who smuggled purses made of python and caiman sentenced to 18 months in prison

Fashion designer Nancy Gonzalez would recruit as many as 40 passengers to carry four designer handbags each on commercial flights.

yesterday 2

Fortune

Joshua Goodman

The recent stock market selloff was just the start of a deeper correction as these 'red flags' loom, JPMorgan's top equity strategist warns

“Market concentration has been very high, and positioning extended, which are typically red flags, at risk of a reversal.”

yesterday 2

Fortune

Alexandra Semenova

Dozen of pro-Palestinian protesters arrested at Yale University, after sweeping arrests at Columbia

Pro-Palestinian encampments have emerged on other campuses, including at the University of Michigan, New York University, and MIT.

yesterday 1

Fortune

Nick Perry

Rare Rolex from the collection of Auro Montanari sold for $3.5 million in Monaco

The Rolex 4113, produced in 1942 and one of just 12 ever made and nine known to exist, was sold on Saturday at the Monaco Legend Group auction.

yesterday 20

Fortune

Andy Hoffman

UAW’s next big Southern test after winning Tennessee union vote is Alabama

The UAW has accused the German carmaker of violating U.S. and German labor laws with aggressive anti-union tactics, which the company denies.

yesterday 10

Fortune

David Koenig

How to fix Boeing, according to a former Airbus technology chief

Airbus has consistently gotten three things right: the profile of the people at the top, a focus on employees, and the willingness to make bold bets.

yesterday 50

Fortune

Paul Eremenko

Tesla guts newly formed marketing team despite investors demanding greater focus on ads as EV sales slow

The cuts signal a retreat from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago.

yesterday 20

Fortune

Edward Ludlow

Beijing wants to make it easier for Chinese companies to list in Hong Kong

On Friday, China's top markets regulator announced several measures to more tightly connect Hong Kong's and mainland China's stock exchanges.

yesterday 10

Fortune

Nicholas Gordon

Sundar Pichai tells Google staff he doesn’t want any more political debates in the office

Google’s CEO Sundar Pichai has ordered employees to leave their political opinions at home after sacking "disruptive" protesting employees.

yesterday 10

Fortune

Orianna Rosa Royle

Construction starts on America’s first true high-speed passenger train, between Los Angeles and Las Vegas

Brightline West, whose sister company already operates a fast train between Miami and Orlando in Florida, aims to lay 218 miles of new track.

yesterday 10

Fortune

Ken Ritter

Gen Z women flock to Uniqlo as return-to-office mandates force them to merge work and evening wear

Uniqlo's U.K. boss says shoppers want clothes they can wear “at the office or on a night out,” in latest work-related buying shift.

yesterday 10

Fortune

Ryan Hogg

Hawaii lawmakers target Maui vacation rentals after Lahaina wildfire supercharges housing shortage and exorbitant prices

The Aug. 8 wildfire killed 101 people and destroyed housing for 6,200 families, amplifying Maui's already acute housing shortage.

yesterday 10

Fortune

Audrey Mcavoy

Gen Zers are puzzling the American workplace. To understand them, look at the pre-war generation, not millennials

Gen Z has grown up with financial uncertainty, war, and political tumult. Their inherent skepticism can become a superpower in the right context.

yesterday 10

Fortune

Marcie Merriman

After being surpassed by BYD, Volkswagen meets with doubtful investors to persuade them of turnaround plan

Volkswagen isn’t alone in struggling with the rise of China’s domestic auto industry. German carmakers BMW and Mercedes-Benz Group have seen...

yesterday 10

Fortune

Sonja Wind

Over 70% of the world's workforce is likely to be exposed to excessive heat during their careers

The International Labor Organization suggested ways that governments can help cope with the rising effects of climate change on workers.

yesterday 9

Fortune

Jamey Keaten

Europe's temperatures rising at nearly twice the global average, U.N. report warns

The latest five-year averages show that temperatures in Europe are now running 2.3 degrees Celsius (4.1 Fahrenheit) above pre-industrial levels,...

yesterday 9

Fortune

Jamey Keaten

Capital One Lounge: What you need to know

Capital One Lounges are a great way to relax before your flight. It provides excellent value to premium Capital One credit card holders, but only...

yesterday 9

Fortune

Ben Nickel-Dandrea

Biden marks Earth Day with $7bn in residential solar grants for projects serving 900,000 low- and middle-income households

The projects are expected to eventually reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households $350...

yesterday 9

Fortune

Alexa St. John

London bankers nearing parity with New York's bumper bonuses

Investors will also vote on executive pay packages, potentially turning LSEG CEO David Schwimmer into one of the highest-paid CEOs in the U.K., with...

yesterday 9

Fortune

Aisha S Gani

Hong Kong's bankers can earn 70% more than their peers in Singapore—and that's putting them at risk of layoffs

Financial firms have cut Asia staff, particularly in Hong Kong and China, amid a slump in deals and worsening U.S.-China relations.

yesterday 10

Fortune

Denise Wee

Ken Griffin's Citadel labels Trump Media CEO a 'loser' after he claimed to be a victim of market manipulation

"If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do.”

yesterday 8

Fortune

Eleanor Pringle

Elon Musk slashes price for Tesla’s vaunted self-driving tech by a full third—FSD now costs as much as in 2020

After selling for $15,000 as recently as August, the price to buy FSD has now dropped to just $8,000 as Musk struggles to sell enough people on the...

yesterday 9

Fortune

Christiaan Hetzner

Ferrari’s CEO has nearly doubled its share price since 2021—he credits smaller teams and cutting the company’s ‘bureaucratic mass index’

“When you change the culture of a company, it’s never a revolution. It’s an evolution,” CEO Benedetto Vigna said.

yesterday 7

Fortune

Prarthana Prakash

TikTok tells U.S. staff it will sue to stop bill forcing sale of platform

“This is an unprecedented deal worked out between the Republican Speaker and President Biden,” said Michael Beckerman, TikTok’s head of public...

yesterday 7

Fortune

Zheping Huang

Onetime mall favorite Express files for bankruptcy as its officewear crashes into the hybrid-work world

Increasingly casual fashion put the retailer "firmly on the wrong side of trends," one analyst said.

yesterday 6

Fortune

Irina Ivanova

The Lahaina fire leveled their home. Now the cheapest rental they can find is $10,000 a month

Maui and Kauai counties have lost residential housing because so much has been turned into short-term rentals. Now the government is cracking down.

yesterday 6

Fortune

Audrey Mcavoy

Get a [dynamic]NewtekBank-Savings-APY[/dynamic]% APY with a Newtek Bank savings account

Newtek Bank N.A. boasts a high-yield savings APY and multiple CDs to boost your savings.

yesterday 6

Fortune

Christiana Jolaoso-Oloyede

Sky Blue Credit review 2024: A consumer-friendly credit repair company with an exit ramp if unsatisfied

Sky Blue Credit can help with removing inaccuracies in your credit report. It stands out from the pack with its 90-day money-back guarantee for new...

yesterday 6

Fortune

Adam B. Frankel

A U.S. manufacturing renaissance won't create many good jobs—just look at Germany, S. Korea and China, Harvard economist says

"Whether we like it or not, services such as retail, care work, and other personal services will remain the primary engine of job creation."

previous day 3

Fortune

Jason Ma

TikTok eyes removal of exec in charge of placating U.S. government after House passes divest-or-ban bill

On Saturday, the House approved a bill requiring TikTok to be sold by its Chinese parent or face a ban in the U.S.

previous day 2

Fortune

Jennifer Jacobs

Tram accident at Universal Studios in Los Angeles injures 15 people

A Universal Studios Hollywood spokesperson emailed a statement to The Associated Press confirming there were “multiple minor injuries."

previous day 10

Fortune

The Associated Press

Huawei’s 7-nanometer chip breakthrough is 'years behind what we have,' U.S. Commerce Secretary says

“It’s absolutely the case that our export controls have hurt their ability to conduct the war, made it harder,” Raimondo said.

previous day 20

Fortune

Mackenzie Hawkins

Tesla slashes Full Self-Driving price after discounting EVs in China, Europe, and the U.S.

Late Saturday, Tesla cut the price of its Full Self-Driving software to $8,000 in the U.S. from $12,000.

previous day 3

Fortune

Dana Hull

China's demand for gold is unstoppable as consumers, investors, and the central bank fuel a record-breaking price surge

“There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money...

previous day 10

Fortune

Bloomberg

The outlook for home prices has changed drastically in just the past month as Fed rate cuts look more and more distant

Freddie Mac said home prices will increase 0.5% in 2024 and 2025, after saying last month they will rise 2.5% in 2024 and 2.1% 2025.

previous day 10

Fortune

Jason Ma

Donald Trump risks cash crunch as legal fees pile up with just $6.8 million left for his lawyers

Trump could seek to raise more money from donors, ask the Republican National Committee to cover the costs or pay for the fees from his own wealth.

previous day 9

Fortune

Bill Allison

Pot is illegal in North Carolina—except on Cherokee land where medical cannabis sales just started

The Eastern Band, with about 14,000 members, can pass rules permitting cannabis as a sovereign nation and federally recognized tribe.

previous day 8

Fortune

The Associated Press

Investors need to buckle up because this is the most dangerous time since the end of World War II, former top diplomat says

"This is actually the most dangerous moment, I would argue, not just since the end of the Cold War but in many ways since the end of World War II."

previous day 7

Fortune

Jason Ma

Cannabis CEOs make over $400,000 on average, while edibles chefs make $46,000. Here’s how weed world pay breaks down

On 4/20, a look at the finances behind the weed industry.

saturday 10

Fortune

Chris Morris

Senate votes to renew spy program just after midnight expiration, defeating efforts to limit FBI access to intel

The legislation passed 60-34 with bipartisan support and now goes to President Joe Biden’s desk to become law.

saturday 10

Fortune

Farnoush Amiri

5 signs of under-the-radar economic pain from the Fed's favorite on-the-ground source

Shrinking profit margins, squeezed nonprofits and rising insurance costs are just some of the worrying trends in the Fed's latest Beige Book report.

saturday 10

Fortune

Will Daniel

Investors are ‘a frog in boiling water’ after brushing off the Iran-Israel conflict, top economist says 

"Given that this is a region that is vulnerable to errors of judgment, insufficient understanding of adversaries, and implementation accidents,...

saturday 4

Fortune

Jason Ma

Congress puts TikTok divest-or-ban bill on fast track, could become law in days

The US House on Saturday tied legislation forcing TikTok’s Chinese parent ByteDance to divest its ownership stake to a crucial aid package for...

saturday 2

Fortune

Steven T. Dennis

Longtime Tesla bull hits panic button on robo-taxis vs. Model 2: 'It would be a disaster of epic proportions'

"We've been through a lot of white-knuckle moments for Musk and Tesla," Ives said. "This is up there."

saturday 10

Fortune

Jason Ma

A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company's surging shares

Saylor has billions of dollars worth of paper gains from his holdings of MicroStrategy stock and his personal Bitcoin stash.

saturday 20

Fortune

Marco Quiroz-Gutierrez

At least 5 companies under Elon Musk’s control billed each other around $9 million in expenses

For a company of Tesla’s size, the number of transactions involving companies associated with CEO Elon Musk is unusual.

saturday 10

Fortune

Amanda Gerut

Nobel laureate Esther Duflo proposes taxing 3,000 billionaires to protect the world’s poorest from climate change—and most Americans likely agree with the plan

The proposal is meant to hold billionaires tax-accountable–and use the money to help the poorest people survive climate change.

saturday 5

Fortune

Sunny Nagpaul

Tesla cuts some EV prices to cheapest levels ever amid weak sales and swelling inventory

The cheapest version of the Model Y is now $42,990 in the US, returning the sport utility vehicle’s starting price to the lowest it’s been.

saturday 7

Fortune

Dana Hull

House passes $95 billion in aid for Ukraine, Israel and other U.S. allies

The whole package will go to the Senate, where passage in the coming days is nearly assured.

saturday 3

Fortune

Stephen Groves

Musk delays India visit and meeting with Modi as Tesla, SpaceX eye huge market

“Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this...

saturday 20

Fortune

P R Sanjai

Luxury rental prices for Paris Olympics slashed by half or more as demand comes in weak

High-end, 1,100-square-foot residences are asking around €10,000 per week, down from €20,000 or €30,000 a few months ago. 

saturday 5

Fortune

Jenny Che

HGTV's Property Brothers reveal the biggest mistakes new real estate investors make and predict the next hot housing market

"They get in over their heads because they've been watching those TikTok videos," said Drew Scott of the Property Brothers.

saturday 6

Fortune

Jason Ma

VW workers in Tennessee overwhelmingly vote to join union, as UAW renews push to organize nonunion auto plants

The union wound up getting 2,628 votes, or 73% of the ballots cast, compared with only 985 who voted no in an election run by the National Labor...

saturday 5

Fortune

Kristin M. Hall

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