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Business

News related to money, including business and finance.

18% of Disney park goers rack up debt, but most have no regrets, survey reveals

18% of Disney park goers rack up debt, but most have no regrets, survey reveals

Inflation is on the rise, and Mickey’s friends are feeling it too.

November 17, 2022 7:24pm EST
Caterpillar fined $145K after worker falls into pot of molten iron, OSHA says

Caterpillar fined $145K after worker falls into pot of molten iron, OSHA says

The employee fell into an 11-foot-deep pot of molten iron heated to more than 2,000 degrees Fahrenheit and was "immediately incinerated," OSHA said.

November 16, 2022 8:00am EST
Pumachug in Clawson announces permanent closure

Pumachug in Clawson announces permanent closure

Pumachug in Clawson has closed permanently, the gastropub shared in a Facebook post.

November 15, 2022 4:31pm EST
FedEx to furlough drivers just as Christmas season begins

FedEx to furlough drivers just as Christmas season begins

The FedEx Freight furloughs will last around three months. During this time, workers will still receive health benefits and may file for unemployment.

November 14, 2022 2:15pm EST
FTX bankruptcy filing: What's happening at the crypto exchange?

FTX bankruptcy filing: What's happening at the crypto exchange?

FTX is struggling to account for money that went missing hours after it filed for bankruptcy. Billions of dollars are unaccounted for right now.

November 13, 2022 7:17pm EST
Republicans likely take House, Senate undecided: What midterm election means for you

Republicans likely take House, Senate undecided: What midterm election means for you

Here's where the midterm election results stand, and what it means for the future economy.

November 9, 2022 5:37pm EST
AMC to create giant 'Zoom Rooms' in US movie theaters

AMC to create giant 'Zoom Rooms' in US movie theaters

Your company’s next “all-hands” meeting could be at an AMC movie theater.

November 8, 2022 11:58am EST
Airbnb to display total prices up front, end 'unreasonable' checkout tasks

Airbnb to display total prices up front, end 'unreasonable' checkout tasks

“I’ve heard you loud and clear—you feel like prices aren’t transparent and checkout tasks are a pain,” Airbnb CEO Brian Chesky said in a statement.

November 8, 2022 8:07am EST
Biden administration relaxes rules for student debt forgiveness

Biden administration relaxes rules for student debt forgiveness

Education Secretary Miguel Cardona called it a “monumental step" that will make it faster and simpler to get debt relief.

October 31, 2022 3:49pm EDT
Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage

Toyota to limit smart keys to 1 per new vehicle sold, due to semiconductor shortage

In an effort to ration semiconductors, Toyota Motor Corp. reportedly announced Thursday that it would replace one of the two "smart" keys it delivers in Japan with a mechanical one. 

October 31, 2022 2:05pm EDT
Mixed-use town center planned for Lakeside Mall in Sterling Heights

Mixed-use town center planned for Lakeside Mall in Sterling Heights

A mixed-use town center is proposed for the Lakeside Mall site in Sterling Heights.

October 28, 2022 1:33pm EDT
Oil companies rake in record profits as consumers struggle with high gas prices

Oil companies rake in record profits as consumers struggle with high gas prices

Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.

October 28, 2022 9:20am EDT
Elon Musk now in control of Twitter, fires top executives, AP sources say

Elon Musk now in control of Twitter, fires top executives, AP sources say

Elon Musk ousted Twitter CEO Parag Agrawal, as well as the chief financial officer and the company’s top lawyer, two people familiar with the deal said.

October 28, 2022 6:26am EDT
Zillow reportedly laying off 300 workers

Zillow reportedly laying off 300 workers

A spokesperson for the company said Zillow is still hiring in 'key technology-related roles.'

October 26, 2022 6:32pm EDT
Spotify boosts subscribers and revenue, CEO says 2023 price increases likely

Spotify boosts subscribers and revenue, CEO says 2023 price increases likely

The streaming service titan surpassed growth numbers by increasing its monthly active users to reach 456 million.

October 26, 2022 12:10pm EDT
Attorney sues Romano's Macaroni Grill for 'deceptive' $2 inflation fee: 'Egregious and surreptitious'

Attorney sues Romano's Macaroni Grill for 'deceptive' $2 inflation fee: 'Egregious and surreptitious'

Hawaii consumer attorney Brandee Faria is suing the Italian restaurant chain in a class-action lawsuit and claimed that customers don't learn of the fees until the end when they receive an itemized receipt.

October 25, 2022 12:20pm EDT
Hobby Lobby CEO David Green gives away company: 'Wealth can be a curse'

Hobby Lobby CEO David Green gives away company: 'Wealth can be a curse'

Green said he strives to be a steward instead of an owner.

October 24, 2022 4:56pm EDT
Pasta company Barilla faces class action suit over 'misleading' label: 'Italy's #1 Brand of Pasta'

Pasta company Barilla faces class action suit over 'misleading' label: 'Italy's #1 Brand of Pasta'

Barilla, the Italian-owned pasta company, has been hit with a class action complaint that says the brand misleads people into thinking its products are made in Italy.

October 24, 2022 6:47am EDT
Pfizer says COVID-19 vaccine will cost $110-$130 per dose

Pfizer says COVID-19 vaccine will cost $110-$130 per dose

Pfizer said the commercial pricing for adult COVID-19 vaccine doses could start in early 2023, depending on when the U.S. government phases out its program of buying the shots.

October 21, 2022 5:49pm EDT
Rochester Hills woman creates allergy-friendly snack line after struggling to find safe foods

Rochester Hills woman creates allergy-friendly snack line after struggling to find safe foods

Renee Sorgi created her own allergy-friendly snack line, The Real Renee, after discovering she had health issues that made it difficult to eat certain foods, and stores often don't carry foods she can have.

October 17, 2022 4:54pm EDT
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Mother speaks after daughter is killed, son severely injured in crash on Thanksgiving

Mother speaks after daughter is killed, son severely injured in crash on Thanksgiving

Child porn sting snares prominent Metro Detroiters

Child porn sting snares prominent Metro Detroiters

Hyperbaric chamber explosion: No charging decision by judge in 5-year-old's death

Hyperbaric chamber explosion: No charging decision by judge in 5-year-old's death

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Michigan lawmakers propose cutting property taxes for people who don't use public schools

Domestic violence caught on camera leads to arrest in Oakland County

Domestic violence caught on camera leads to arrest in Oakland County

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Macomb flooding mystery solved after crews discover sandbags beneath culvert

Sandbags walls behind horrible flooding in Macomb County, officials say

Luke Air Force Base lockdown lifted after reports of active shooter incident

Luke Air Force Base lockdown lifted

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

The 'Patriot Games': What we know about Trump's proposed high school athletic competition

DTE gets approval for data center in Saline Township

DTE gets approval for data center in Saline Township

Missing Kentucky girl, who was abducted 40 years ago, found alive; Mom arrested in Florida, deputies say

Missing Kentucky girl, who was abducted 40 years ago, found alive; Mom arrested in Florida, deputies say

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