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Europe’s biggest economy shrank last year. The outlook isn’t much better

Jan 16, 2024

Germany’s economy shrank last year for the first time since the onset of the Covid-19 pandemic, official data showed Monday, increasing the risk of an economic contraction in the wider euro area.

Why Amazon just sent you an email about ads on Prime Video

Dec 29, 2023

Amazon emailed its millions of Prime members this week, alerting them to an upcoming change to the streaming service that will leave customers with two options: pay more or watch ads.

Walmart recalls magnetic balls after CPSC warns of choking and injury hazards

Dec 29, 2023

Regulators have issued a recall for high-powered magnetic balls after the US Consumer Product Safety Commission issued several warnings for the toy kits, citing the risk of injury or even death.

China’s Xiaomi dreams of building a car ‘as good as’ Porsche and Tesla

Dec 29, 2023

Xiaomi has unveiled its first electric car, just days after Huawei launched another one of its own, showing that the efforts of Chinese tech giants to join the electric vehicle race are beginning to bear fruit.

Stellantis resurrects small Fiat 500e EV for the U.S., starting at $34,095

Dec 6, 2023

Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations.

McDonald’s investor day is Wednesday. Expect to hear about expansion, tech and China

Dec 6, 2023

McDonald’s is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc’s and digital strategy at its investor day on Wednesday.

Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom

Dec 6, 2023

Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter.

Soon you’ll be able to buy a Hyundai on Amazon

Nov 17, 2023

Amazon is about to add cars and SUVs to the huge roster of things it sells online. People will be able to shop for Hyundai vehicles on Amazon through an agreement with the South Korean automaker.

Starbucks workers stage ‘Red Cup Day’ strike

Nov 17, 2023

Thousands of Starbucks workers at hundreds of stores went on strike Thursday, as they protested the lack of their first contract despite a nearly two-year organizing drive.

Online hate watchdog moves to dismiss lawsuit from Elon Musk’s X

Nov 17, 2023

Nonprofit online watchdog the Center for Countering Digital Hate on Thursday hit back at Elon Musk’s X in a motion to dismiss the social media company’s August lawsuit.

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