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A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests. The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers Association, the Ohio Bankers League, the Ohio Chamber of Commerce and the U.S. Chamber of Commerce to file […]
A popular restaurant in California’s Bay Area is shutting its doors after settling a costly discrimination lawsuit — over its ‘Ladies Night’ promotion. Lima Restaurant — a family-run Peruvian eatery in Concord, Calif., about 20 miles outside of Oakland — told patrons it will serve its final meal on New Year’s Eve because of the […]
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 […]
Automakers recalled millions of vehicles over the course of 2024 to address a variety of issues, typically related to the safety of the driver and passengers. The five recalls with the largest potentially affected vehicle populations this year came from four different automakers: Tesla, Ford, Honda and FCA US, per the National Highway Traffic Safety Administration […]
A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The […]
Elon Musk urged his supporters not to donate to the nonprofit that runs Wikipedia after the organization budgeted more than $50 million to spend on controversial diversity, equity and inclusion (DEI) initiatives. “Stop donating to Wokepedia until they restore balance to their editing authority,” Musk wrote Tuesday on X, where he has nearly 210 million […]
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters The roughly $1,000 monthly price tag of Eli Lilly‘s weight loss drug Zepbound put the blockbuster treatment out of reach for Willow Baillies, 29, whose insurance does not cover it. Baillies, […]
The In-N-Out heiress whose grandparents founded the popular burger chain said that the company’s decision to close its sole Oakland location was due to the site being “absolutely dangerous.” “I mean, there was a lot,” Lynsi Snyder told Marissa Streit of the right-leaning video network PragerU on Monday. “There was actually — gunshots went through the […]
American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida. Joe Raedle | Getty Images American Airlines briefly grounded its U.S. flights Tuesday morning due to a technical problem, snarling travel during what carriers expect to be a period of record demand for the holidays. By […]
The U.S. consumer finance watchdog accused Walmart (WMT.N), opens new tab and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees. The Consumer Financial Protection Bureau said in a lawsuit that Walmart had told “last mile” drivers […]
