Researchers have begun measuring the impact of legalized sports gambling on American households, and the initial results paint a worrisome picture about how its expansion has affected bettors’ finances. In separate papers released this month, academics…
Category:
Business
-
-
Edgar Bronfman Jr.’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful. Bronfman is open to having Redstone, currently non-executive chairman at Paramount, remain involved…
-
Apple announced it will hold a press event at its headquarters in Cupertino, California, on Monday, Sept. 9, where the company is expected to announce new iPhones and Apple Watch models. The launch event will be…
-
Business
Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges
by adminLawmakers want to crack down on “junk fees,” but restaurants are trying to stay out of the fight. Surcharges or fees covering everything from credit card processing to gratuities to “inflation” have become more popular…
-
Business
The two-day or less shipping Americans have come to expect faces a climate change threat
by adminCustomers have come to expect when they order something online, it arrives in two days or less. But with increasing adverse weather events like Houston’s heatwaves, Florida’s hurricanes and other extreme storms, it’s getting harder to ensure fast…
-
Business
A ‘man-made disaster’ could make it trickier to buy or sell a home in some areas this fall, real estate expert says
by adminConsumers in the market for a home have been patiently waiting for the Federal Reserve to cut interest rates — a move it seems poised to make in September. But without action from Congress, there could be another change…
-
At least 551 people were likely sickened by cucumbers tainted with Salmonella bacteria, the U.S. Centers for Disease Control and Prevention said — with 155 hospitalized. But in an update posted Thursday, the CDC declared the…
-
Business
Increased sausage demand may be a red flag for the economy, Dallas Fed survey says
by adminAn uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There’s been “modest growth” in the dinner sausage category for one producer, according…
-
Business
Microsoft plans September cybersecurity event to discuss changes after CrowdStrike outage
by adminMicrosoft said Friday it will hold a conference in September for cybersecurity firms to discuss ways the industry can evolve following a faulty CrowdStrike software update that caused millions of Windows computers to crash in July. The incident…
-
Business
Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company
by adminDETROIT — Ford Motor’s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first…