Target Corporation is closing nine stores, including three in the Bay Area, due to the prevalence of organized retail theft, which poses a threat to the safety of its employees and customers.
The US government and 17 states have filed a lawsuit against Amazon, alleging that the company abused its dominant position in e-commerce and harmed fair competition by promoting its own platform and services at the expense of third-party sellers.
The Federal Trade Commission (FTC) is reportedly planning to file an antitrust lawsuit against Amazon next week, potentially leading to a lengthy legal battle aimed at breaking up the company and targeting its alleged harm to consumers and competition.
Ford has paused the construction of an electric vehicle battery plant in Michigan, which has sparked criticism from the United Auto Workers union and Republican lawmakers, and has raised questions surrounding President Biden's climate goals and the use of Chinese battery technology.
Amazon's second Prime-related event for 2023, called Prime Big Deal Days, will take place on October 10 and 11, featuring early access deals for Prime members on various products including Apple AirPods Pro, Blink outdoor cameras, Kasa smart bulbs, Apple iPhone 15 cases, Amazon Kindle Scribe, Apple Watch Ultra, OnePlus 11 5G, Amazon Fire Omni QLED TVs, Samsung Galaxy S23 phones, Amazon Fire HD 10 Kids Pro tablet, Solo Stove products, and Motorola razr+ flip phone.
Russia has announced that it will temporarily limit the export of diesel and gasoline, worsening the global shortage of these fuels.
Amazon Prime Video will introduce ads and a higher-priced ad-free tier in 2024, following a slowdown in subscriber growth since the pandemic and following in the footsteps of streaming rivals Netflix and Walt Disney.
The Canadian autoworkers' union, Unifor, has reached a tentative labor deal with Ford Motor Co., preventing a potential strike and potentially influencing the separate negotiations between the UAW and the Detroit Three in the United States.
Costco is selling one-ounce gold bars online, priced at just under $2,000, but they are only available to Costco members and have been in high demand, requiring purchase limits.
Meta's annual Connect conference is set to showcase the Meta Quest 3, a new VR headset with improved features and a more affordable price than its competitors.
Gold prices hit a nine-month low while silver prices remain slightly up, with the US dollar index and US Treasury yields both rising, indicating bearish outside market elements for the metals markets.
More than 50,000 service industry workers in Las Vegas voted to authorize a strike that could impact 22 casino resorts on the Strip, as the Culinary Workers Union Local 226 continues bargaining for better pay, benefits, and working conditions.
Delta CEO Ed Bastian acknowledges that the company went too far with its recent controversial changes to the SkyMiles loyalty program and plans to make modifications to better serve its elite status holders.
Cisco's $28 billion acquisition deal for Splunk is expected to inspire other technology giants to invest in software vendors with predictable subscription revenue, leading to a potential increase in software mergers and acquisitions.
President Joe Biden will visit Michigan and join the United Auto Workers union on the picket line in a show of support amid the ongoing autoworkers strike, highlighting the political significance of the strike and the potential impact on Biden's reelection bid.
An Amazon delivery driver in Florida was seriously injured when she was bitten by a highly venomous eastern diamondback rattlesnake while delivering a package.
Elon Musk's brain-implant startup, Neuralink, has gained approval to recruit patients for its first human trial, aiming to test an experimental device that can enable those with paralysis to control a computer cursor or keyboard using their thoughts.
Pending home sales in the U.S. fell more than expected in August, dropping by the largest margin in nearly a year, as high mortgage rates diminished affordability for buyers.
Former Apple Chief Design Officer Jony Ive and OpenAI CEO Sam Altman are reportedly discussing a collaboration on a new kind of smartphone device with $1 billion in backing from Softbank, aiming to create a device that provides a more "natural and intuitive way" to interact with AI and reinvent the smartphone market.
Epic Games, the company behind Fortnite, is laying off 16% of its workforce, selling its music platform Bandcamp, and spinning off most of its SuperAwesome services in order to reach financial stability.
A flight attendant was found dead with a cloth in her mouth inside a hotel room in Philadelphia, leading to a suspicious death investigation.
JPMorgan Chase will pay $75 million to settle claims relating to its dealings with Jeffrey Epstein, the deceased financier and sex offender, including $30 million to support charitable organizations and $25 million to combat human trafficking in the U.S. Virgin Islands.
Lego has dropped plans to make their blocks out of recycled plastic bottles as it was found that the recycled plastic Legos would have been worse for the environment and would have caused greater carbon emissions.
Former FTX CEO Sam Bankman-Fried remains in jail after a judge upheld the decision, as he faces fraud charges related to the collapse of his bankrupt company, with allegations of witness tampering and misuse of customer funds.
The Biden administration has allocated $600 million to fund the production of millions of new COVID-19 tests, which will be mailed to households starting September 25, in an effort to ensure everyone has access to testing during the holiday season and to reduce reliance on imported tests.
The United Auto Workers union is expanding its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states, citing demands for higher wages and shorter working hours.