Sales of Bud Light continue to plummet, reflecting ongoing backlash to the brand’s decision to hire transgender influencer Dylan Mulvaney as a spokesperson.…
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Business
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PacWest Bancorp, one of the lenders seeking to survive the U.S. regional banking crisis, said on Monday it had agreed to sell a…
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Netflix’s crackdown on password sharing has come to the U.S. The streaming service said it began alerting members on Tuesday about its new…
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Business
Peloton aims to rebrand as a fitness company for all with a focus on app and tiered subscription pricing
When Peloton unveiled its 2019 holiday commercial depicting a husband who gifted his wife a stationary bike for Christmas, the ad was widely panned as sexist, dystopian…
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Target is recalling five million scented candles because their glass encasings could break, posing a safety hazard. According to a statement on the…
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Hyundai Motor and Kia Corp. agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers’ vehicles, lawyers…
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Chair Jerome Powell indicated Friday that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in…
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Business
Couples 55 and older will be able to contribute more than $10,000 to health savings accounts
Older U.S. couples will be able contribute more than $10,000 annually toward tax-free health savings accounts. Under guidance the IRS announced Tuesday that…
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Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor. Citing “changing…
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Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor. Citing “changing…