Kraft Heinz didn’t expect cheese to be a product with great promise. But that’s just one of the things that CEO Steve Cahillane and his executive team learned over the past two months, as they shifted from pursuing a corporate split to fixing the company from the inside.

Other underappreciated products include Capri-Sun, a drink that can ...Read more

Applications for U.S. unemployment benefits rebounded slightly after falling in the previous week to near the lowest levels in decades, signaling layoffs remain muted despite recent job-cut announcements.

Initial claims rose by 10,000 to 200,000 in the week ended May 2, according to Labor Department data released Thursday. The median forecast ...Read more

After months of allowing customers to openly carry guns in its Florida stores, Publix appears to have changed its policy.

After Florida law changed last fall, Publix opted to allow customers to open carry, while other major grocery chains, including Walmart and Winn-Dixie, asked customers not to bring guns. Other businesses also opted to ...Read more

Homeowners associations across Minnesota will see their powers diminished under a far-reaching “HOA Bill of Rights” approved by state lawmakers this week.

The bipartisan measure that runs more than 50 pages is aimed at protecting homeowners by requiring more transparency from HOAs, limiting their ability to levy fines and foreclose ...Read more

Here's the name for an economic phenomenon that consumers are going to be hearing a lot more in the coming weeks and months:

It's the rocket-and-feathers hypothesis, which concerns why gasoline prices rise so quickly (i.e., like a rocket) when oil prices surge and drift downward oh so slowly (like feathers) when crude prices come back to earth....Read more

Brazilian prosecutors have accused Minnesota-based Cargill of failing to address “serious human rights violations” in its soybean supply chain that runs deep into the South American country.

In a civil lawsuit filed against the global commodity giant, the government is demanding roughly $21.9 million “for collective moral harm,” the ...Read more

Shortly after Pennsylvania Gov. Josh Shapiro took office in 2023, pharmaceutical giant Merck & Co. sensed a new opportunity.

For several years after a costly chemical spill in Montgomery County, Merck had tried unsuccessfully to persuade lawmakers and other state government officials to ease what the company saw as overly burdensome water ...Read more

President Trump recently bashed State Farm on social media, saying the insurer's treatment of residents whose homes burned in the January 2025 wildfires had been "absolutely horrible."

A month later, the Department of Justice has filed a brief supporting 60 fire victims who have sued State Farm and other insurers, claiming the carriers colluded...Read more

Some iPhone users could be eligible to collect up to $95 per device as part of a settlement over allegations that Apple misled consumers about the abilities of its artificial intelligence-powered features.

This week, Apple said it reached a $250 million settlement to resolve class-action lawsuits filed against the Cupertino, California, ...Read more

Fuel costs for U.S. airlines increased by more than 56% in March from the month before, according to data from the federal government, shedding light on how the ongoing conflict in the Middle East is affecting the sector.

The U.S. Department of Transportation’s Bureau of Transportation Statistics said in a news release Wednesday that oil ...Read more

Warner Bros. Discovery's impending sale has rattled Hollywood — and the company's balance sheet as the auction's high costs increasingly come into focus.

The New York-based media company released its first-quarter earnings Wednesday, which included a $2.9 billion loss. That amount includes $1.3 billion in restructuring expenses, including ...Read more

Bay Area air regulators have touted sweeping new rules that ban the installation of natural gas-powered water heaters and furnaces as a way to reduce smog and greenhouse gas emissions.

But with polls showing Americans’ top concern is the rising cost of living — and residents facing a roughly $3,500 cost increase for new electric heat pump ...Read more

LANSING, Mich. — Michigan Gov. Gretchen Whitmer approved a $20 million grant benefiting one of her campaign donors, and a prominent businessman tied to the project told the House speaker there will be "no negotiations" about it, according to a text message released in court records Wednesday.

That revelation, along with others about the ...Read more

U.S. companies boosted payrolls in April by the most in over a year, the latest evidence of stabilization in the labor market.

Private-sector payrolls rose 109,000 in April after a revised 61,000 advance in the prior month, according to ADP Research data out Wednesday. The median estimate in a Bloomberg survey of economists called for a 120,...Read more

Cryptocurrency exchange Coinbase said it's slashing roughly 14% of its workforce, or about 700 workers, partly because artificial intelligence is reshaping the way people work.

"The biggest risk now is not taking action. We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native," Coinbase Chief Executive and ...Read more

A Missouri appellate court has upheld a $495 million verdict against Illinois-based Abbott Laboratories in a case over whether its formula for premature infants caused a girl to become seriously ill.

The decision is the latest blow for Abbott over the issue of whether its formula for babies born prematurely causes a devastating intestinal ...Read more

AI isn’t ready to replace your fund manager — and the public experiments testing it are showing why.

Across a series of new trading contests between the world’s leading AI models, the verdict so far is unflattering. Most of the systems lose money. They trade too much. They make wildly different decisions when given identical instructions....Read more

SAN DIEGO — For years, Qualcomm and Apple were the hottest couple in tech.

Qualcomm’s chips crammed high-speed internet and desktop computing into a device that fits in your pocket. Minting billions, their partnership rewired the world.

Apple and Qualcomm were together exclusively for almost a decade. Then they started to fight.

The last ...Read more

PHILADELPHIA — Li Gordon-Washington, 25, was at 15th and Locust Streets when an Uber autonomous delivery bot bumped into her from behind.

“I didn’t see it coming,” said Gordon-Washington, who kicked it in a knee-jerk reaction last month. “It kept coming at me, like once or twice more.”

Gordon-Washington was able to walk away as ...Read more