WASHINGTON (AP) — Amazon on Wednesday agreed to pay a $25 million civil penalty to settle Federal Trade Commission allegations that it violated a children’s privacy law and tricked parents into keeping for years children’s voice and location data recorded by its popular voice assistant Alexa. Separately, the company has agreed to reimburse customers $5.8 … Read more
SEATTLE (AP) — Telling executives to “strive harder,” hundreds of Amazon workers protested what they decried as the company’s lack of progress on climate goals and a mandate back to the unfair office during a lunchtime protest at its Seattle headquarters on Wednesday. The protest came a week after Amazon’s annual shareholders meeting and a … Read more
Shares of Advance Auto Parts fell Wednesday morning after the company’s first-quarter earnings far exceeded Wall Street expectations. The Raleigh-based company also cut its annual guidance and quarterly dividend. The auto parts supplier blamed its bleaker results and outlook on higher-than-expected costs, inflationary pressures, supply chain issues and an inferior and unfavorable product mix. Customer … Read more
A consumer class action lawsuit filed Tuesday claims Delta Air Lines misrepresented itself as the world’s “first carbon neutral airline” and should pay damages. The lawsuit in federal court in California alleges the airline relied on carbon offsets that were largely bogus. Companies around the world are buying carbon credits to offset their carbon emissions … Read more
ZVECAN, Kosovo (AP) – Ethnic Serbs in northern Kosovo clashed with troops from the NATO-led KFOR peacekeeping force as they attempted to take over the offices of one municipalities where ethnic Albanian mayors took office last week, with the help of the authorities. Serbs began clashing with police in the morning in the municipality of … Read more
Restaurants are expecting a sales boom this summer, but consumers are still concerned about inflation. Last year, restaurant sales in May, June and July were tepid as rising gas prices and worries about the economy weighed on consumers. About a third of consumers surveyed by Datassential plan to dine out less in the next month, … Read more
ANKARA, Turkey – Turkish President Recep Tayyip Erdogan won re-election on Sunday, extending his increasingly authoritarian rule for a third decade as the country reels from high inflation and the aftermath of an earthquake that razed entire towns. A third term gives Erdogan, a polarizing populist, an even stronger hand domestically and internationally, and the … Read more
Asiana Airlines and government officials say a passenger opened an emergency exit door during a flight in South Korea By Associated Press HYUNG-JIN KIM May 26, 2023, 2:40 a.m. ET • 2 minute read SEOUL, South Korea – A passenger opened an emergency exit door during a plane flight in South Korea on Friday, causing … Read more
SAN JOSE, Calif. — As Elizabeth Holmes prepares to report to jail next week, the criminal case that uncovered the blood test scam at the heart of her startup Theranos is entering its final stages. The 11-year sentence represents rewards for the wide-eyed woman who broke through ‘tech bro’ culture to become one of Silicon … Read more
About 1,000 First Republic Bank employees are laid off about a month after it was seized by regulators and acquired by JP Morgan Chase By KEN SWEET AP Business Writer May 26, 2023, 11:11 a.m. ET • 2 minute read NEW YORK — About 1,000 First Republic Bank employees are being laid off about a … Read more
