Even as its parent company goes under, buybuy Baby is likely to survive. Analysts believe that as part of Bed Bath & Beyond’s bankruptcy reorganization, the company will look to sell the United States’ largest…
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Business
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About 90% of Spirit Airlines flights were delayed Thursday amid a technical issue affecting the carrier’s website. In a tweet posted at 8:43 a.m., Spirit said the issue was affecting Spirit.com, the Spirit Airlines app…
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The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department reported Friday. Payrolls in the public and private sector increased by 339,000…
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Walmart on Wednesday said it has not made any changes to its LGBTQ-related merchandise tied to Pride Month, or to security measures in place at its stores, a week after rival Target pulled some LGBTQ-themed products following…
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Some of Adidas’ remaining Yeezy shoes are back on sale — months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West. Adidas ended its yearslong partnership with Ye in late October, in…
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Amazon.com’s doorbell camera unit Ring has reached a settlement with the U.S. Federal Trade Commission regarding privacy, according to a filing Wednesday in U.S. District Court for the District of Columbia. As part of the agreement,…
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Business
Disgraced Theranos founder Elizabeth Holmes is booked into prison in Texas to begin serving 11-year sentence
Elizabeth Holmes, the founder of the blood-testing lab Theranos, arrived at a federal prison in Texas on Tuesday to start serving an 11-year, 3-month sentence for her role in the fraud that transpired at the…
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Business
Elizabeth Holmes, disgraced Theranos founder, will report to prison to begin 11-year sentence
Elizabeth Holmes, the founder of blood lab Theranos who became the face of Silicon Valley duplicity after her company collapsed amid fraud claims, is scheduled to report to prison Tuesday to begin her sentence of…
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Business
Budweiser parent is now offering money back to boost Bud Light sales after transgender marketing backlash
Just in time for Memorial Day: cheap beer and, in some cases, practically free. Bud Light parent company, AB InBev, has launched a promotion offering a rebate of up to $15 to win back customers…
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Business
Elon Musk’s brain implant company Neuralink announces FDA approval of in-human clinical study
Neuralink, the neurotech startup co-founded by Elon Musk, announced Thursday it has received approval from the Food and Drug Administration to conduct its first in-human clinical study. Neuralink is building a brain implant called the Link, which aims to…