Amazon to increase delivery speed while cutting costs

Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.

3M fires company executive for inappropriate conduct weeks after promotion

3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy," the maker of Post-it notes, industrial coatings and ceramics announced on Monday.

Biden administration approves $42B in student loan forgiveness under updated PSLF program

The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.

Company refuses to recall 67 million potentially dangerous air bag inflators

Regulators say an inflator explosion "may result in sharp metal fragments striking the driver or other occupants, resulting in serious injury or death."

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

Linda Yaccarino named new Twitter CEO

Musk said Twitter's new CEO “will focus primarily on business operations, while I focus on product design & new technology.”

McDonald's found liable for hot chicken nugget that burned child's leg

The jury heard two days of testimony and arguments about the 2019 episode that left the 4-year-old girl with a burned upper thigh.

Elon Musk says Twitter has new CEO

Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. as it’s now called.

Inflation ticks up again in April, puts interest rate hikes back on the table

The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).

MTV News forced to close down after 36 years amid Paramount layoffs

The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.

Tempur Sealy to shell out $4B to buy Mattress Firm

Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.