Fortnite gamers who were charged for unwanted purchases while playing the online video game could receive a slice of the $126 million in refunds the Federal Trade Commission is sending out this week. The regulatory agency is reopening the claims submission process for gamers who are eligible for a refund …
Read More »U.S. Steel
President Trump’s executive order on Friday clearing the way for Japan-based Nippon Steel to potentially buy U.S. Steel comes with an unusual corporate twist called a “golden share.” As part of the agreement, Mr. Trump will gain power to approve a number of major corporate decisions for the company, signaling that the …
Read More »Paramount to cut 3.5% of its workforce amid economic and media industry challenges
Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business. It’s the latest round of layoffs at the media company — which owns the CBS broadcast network as well as cable …
Read More »Trump Media strikes $2.5 billion deal aimed at buying bitcoin tokens. Here’s what’s behind the move.
Trump Media and Technology Group on Tuesday said it’s struck a deal to raise $2.5 billion that will be tapped to buy bitcoin, creating a reserve of the cryptocurrency. The company’s move into cryptocurrency comes after Trump Media has ventured into other investment arenas, including starting exchange-traded funds, or ETFs, …
Read More »Here are the 5 best used SUVs for under $40,000, according to Edmunds
Whether you’re a busy professional seeking comfortable transportation, a parent seeking reliability and low cost in a family vehicle, or an outdoor enthusiast needing off-road capability, the used SUV market offers a spectrum of options for less than $35,000. The hard part is figuring out which SUV will be best …
Read More »Squishmallows maker to Build
The fur is flying in a legal dispute between two rival toymakers. Kelly Toys, the Berkshire Hathaway-owned company behind the popular Squishmallows stuffed toy, is suing Build-A-Bear, alleging the company rips off its mega-popular design. Kelly Toys claims Build-A-Bear’s recently launched Skoosherz line copies its own products, including using “same …
Read More »Macy’s to ramp up expansion of its small
Macy’s is accelerating the expansion of its small-format stores as it looks to cater to shoppers seeking more convenient locations. The department store said Tuesday that it aims to add up to 30 new small-format locations through the fall of 2025, bringing the total number of such stores to roughly …
Read More »U.S. opens investigation into steering complaints from Tesla drivers
U.S. auto safety regulators have opened yet another investigation into safety problems with Tesla vehicles. This time the National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in the 2023 Models 3 and Y electric vehicles. The probe covers an …
Read More »SAG
Update: Hollywood actors went on strike when the deadline was reached without a deal. Read the latest here. Our earlier story is below. A deadline for Hollywood actors to reach a deal with studios and streaming services passed Thursday without word on whether a strike would be called, and their …
Read More »Here’s your chance to buy Princess Leia’s dress, Harry Potter’s cloak and the Batpod
Princess Leia’s ceremonial white gown from the original “Star Wars” film will go up for auction next week alongside more than 1,400 Hollywood costumes, props and other movie paraphernalia. The live auction of film and TV memorabilia, organized by the London-based movie prop vendor Propstore, will be held June 28-30 …
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