IE 11 is not supported. For an optimal experience visit our site on another browser.

MORE FROM BUSINESS

22h ago

Airlines must cough up cancellation cash and can no longer hide fees under new federal rule

Airlines will be required to give refunds in cash for things like canceled or seriously changed or delayed flights, the administration said.
Image: Salt Lake City travellers
Image: Salt Lake City travellers

Biden administration bans noncompete agreements, setting up legal showdown with business groups

Noncompetes have grown increasingly common in lower wage or hourly work industries like fast food and restaurants.
Lina Khan testifies during the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce hearing at the Capitol
Lina Khan testifies during the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce hearing at the Capitol

Tesla's affordability push eases growing doubts about its performance and Musk's focus

Despite a sharp revenue drop, investors appeared to cheer the electric vehicle giant's promise to speed up the launch of new models, especially the much-anticipated low-cost Model 2.
Elon Musk
Elon Musk

UnitedHealth paid ransom in Change Healthcare cyberattack, says patient data was compromised

The company said it paid ransom to cyberthreat actors in an effort to protect patient data. But files containing personal information were compromised nonetheless.
UnitedHealth
UnitedHealth

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned.
A Walmart in Wilmington, Del.
A Walmart in Wilmington, Del.

Donald Trump set to receive $1.25 billion worth of Trump Media stock in DJT earnout bonus

Trump Media, which owns the Truth Social app, was trading at around $35 per share at midday Monday.
Former President Donald Trump's Social Media Company Begins Public Trading On Nasdaq
Former President Donald Trump's Social Media Company Begins Public Trading On Nasdaq

Express files for bankruptcy, plans to close nearly 100 stores as investor group looks to save the brand

Express, whose portfolio includes its namesake banner, Bonobos and UpWest, said it will close 95 of its eponymous shops and all of its UpWest doors.
People enter an Express retail clothing store in Valley West Mall, on Jan. 22, 2020, in West Des Moines, Iowa.
People enter an Express retail clothing store in Valley West Mall, on Jan. 22, 2020, in West Des Moines, Iowa.
3d ago

Grindr facing U.K. lawsuit over alleged data protection breaches

A law firm alleges users’ highly sensitive information, including HIV status and the dates of their latest HIV tests, were provided to third parties for commercial purposes.
The Grindr app is displayed on a smartphone
The Grindr app is displayed on a smartphone

Caitlin Clark's pro salary exposes an undeniable economic reality separating the WNBA and NBA

Despite its momentum, the WNBA still generates only a small fraction of the revenue the NBA does, making it tough for women's pay to reach parity with men's.
Image of Breanna Stewart on top of collage of money related icons
Image of Breanna Stewart on top of collage of money related icons

Tesla cuts U.S. prices on its Model Y, S and X vehicles after a difficult week

The starting prices were reduced for the Model Y, S and X. Earlier this week Tesla announced layoffs and a recall of nearly 4,000 of its Cybertrucks.
Image:
Image:
5d ago

‘Sesame Street’ writers set new contract, avert strike

The contract was set to expire on Friday, and writers were set to begin picketing next week if an agreement had not been reached.
Sesame Street
Sesame Street

Latest on NBC News