Yum Brands hopes to use artificial intelligence to take down drive-thru orders at hundreds of Taco Bell restaurants by the end of this year. The restaurant company announced on Wednesday that it is expanding its rollout of the…
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Federal Reserve officials said Wednesday that while there are signs the economy is slowing, the Fed was not yet ready to cut its key interest rate. Yet even as it held rates at their current…
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Business
CarShield ordered to pay $10 million federal settlement over deceptive repair coverage ads
by adminCarShield, a company that sells vehicle service contracts to automobile owners that it claims will cover the cost of certain repairs, has agreed to pay $10 million in a settlement with federal regulators over charges…
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Sports streaming venture from Fox, Disney and Warner Bros. priced at $42.99 a month
by adminVenu Sports, the sports streaming joint venture between Disney’s ESPN, Warner Bros. Discovery and Fox Corp., will cost $42.99 a month. The upcoming streaming platform announced its pricing on Thursday and said it plans to launch in the fall. It…
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Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO called the current slowdown in the home goods category “unprecedented” — and likened it to the 2008 financial crisis. “Our credit…
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The United Auto Workers has endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. The union’s endorsement shouldn’t be surprising. UAW President Shawn Fain has been outspoken against Trump. The Detroit union also has…
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Business
Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
by adminCall Don Draper, Venu Sports may have a marketing problem The Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That’s much more expensive than Netflix, Max, Peacock or any other…
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Business
Babies R Us is back: Here’s why Kohl’s is betting on babies to drive its turnaround
by adminWOODLAND PARK, N.J. — Kohl’s is thinking small to rev up its sales. The retailer is opening Babies R Us shops in its existing stores across the country starting this week, and plans to have 200 by…
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Business
Amazon is responsible for dangerous products sold on its site, federal agency rules
by adminAmazon must notify customers about and remove products deemed dangerous that it sells through its website, federal regulators ruled Tuesday. In a unanimous decision, the Consumer Product Safety Commission said that as a ‘distributor,’ Amazon…
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Business
Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs
by adminDETROIT — Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits. In an email to employees Tuesday morning, the company…