Hundreds of thousands of college students are expected to walk across a stage next month to receive their diploma, their proud gaze quickly turned toward the prospect of gaining full-time employment. Class of 2023 graduates will be sending out their resumes at a time when the labor market is starting …
Read More »U.S. investigates Tesla over loose seat belts
U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the seat belts may not hold people in a crash. The investigation by the National Highway Traffic Safety Administration covers an estimated 50,000 Model X SUVs from the 2022 and 2023 …
Read More »Online sports betting goes live in Massachusetts just as March Madness kicks off
Massachusetts sports fans raced to their cellphones Friday to begin placing bets as the state allowed online sports wagering just days ahead of next week’s start of the NCAA college basketball tournament. The start of online sports gambling came a little over a month after the state began allowing people to …
Read More »Visa, Mastercard put tracking of gun shop purchases on hold
Visa and Mastercard paused their decision to start categorizing purchases at gun shops, a significant win for conservative groups and Second Amendment advocates who felt tracking gun shop purchases would inadvertently discriminate against legal firearms purchases. The move is a setback for gun control groups. They say categorizing credit and …
Read More »Amazon pauses construction on HQ2 in Northern Virginia
Amazon is holding off on the second stage of it HQ2 megaproject in Northern Virginia, the company announced Friday. HQ2 is predicted to eventually bring 25,000 new Amazon employees to Arlington, Virginia, in an area near the Pentagon. The first phase of the project, dubbed Met Park, is scheduled to …
Read More »Billionaire financier Thomas H. Lee dies at age 78
Billionaire financier Thomas H. Lee, a pioneer of private equity investing, died on Thursday at age 78, his family said in a statement. Lee died by suicide, New York City’s Office of Chief Medical Examiner said Friday in an email to CBS MoneyWatch. Lee, whose fortune was pegged at $2 …
Read More »Lawsuits piling up against Norfolk Southern after train derailment
Lawsuits against Norfolk Southern are piling up nearly two weeks after a train derailed in eastern Ohio, releasing toxic chemicals and forcing thousands of locals to evacuate. On Wednesday, the plaintiffs’ law firm Morgan & Morgan filed a class-action suit in federal court in Ohio on behalf of two women …
Read More »Chick
Chick-fil-A is jumping on the plant-based bandwagon. The Atlanta chain said Thursday that it’s testing its first plant-based entrée — a breaded cauliflower sandwich — at restaurants in Denver; Charleston, South Carolina; and the Greensboro, North Carolina, area. The test begins Feb. 13. “Cauliflower is the hero of our new …
Read More »Why A&W put pants on its cartoon bear after M&M’s spokescandies gaffe
A&W Restaurants didn’t shy away from the online uproar over M&M’s decision to put its cartoon “spokescandies” on hiatus. Mars, which owns M&M’s, publicly acknowledged this week that “even a candy’s shoes can be polarizing” after drawing criticism and even ridicule for changing the animated candies’ appearance, including exchanging the …
Read More »Nearly 40% of Americans skipped medical care in 2022 because of cost concerns, poll finds
A growing number of Americans are delaying important medical care because of the high cost of treatment, a new survey shows. In 2022, 38% of Americans said they or a family member skipped or delayed medical care, amid the highest rate of inflation in more than 40 years, according to …
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