Business

Meat Plant Cleaning Service Fined $1.5M for Hiring Minors

Meat Plant Cleaning Service Fined $1.5M for Hiring Minors

BUSINESS | By Steve Karnowsky | Feb 18, 2023

One of the country's largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at 13 meatpacking plants across the country.

Dominion Voting Case Exposes Post-election Fear at Fox News

Dominion Voting Case Exposes Post-election Fear at Fox News

BUSINESS | By David Bauder | Feb 18, 2023

A court filing in a lawsuit against Fox News lays bare a panic at the network that it had alienated its viewers and damaged its brand by not lining up with President Donald Trump's false claims.

Group: Tesla Workers Fired after Union Push at NY Plant

Group: Tesla Workers Fired after Union Push at NY Plant

BUSINESS | By Michelle Chapman | Feb 17, 2023

Several employees at a Tesla factory in New York have been fired a day after launching union organizing efforts, according to Tesla Workers United, but the company says they're not related.

Retail Sales Jump As Americans Defy Inflation and Rate Hikes

Retail Sales Jump As Americans Defy Inflation and Rate Hikes

BUSINESS | By Christopher Rugaber | Feb 15, 2023

America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years.

Twitter's Plan to Charge for Crucial Tool Prompts Outcry

Twitter's Plan to Charge for Crucial Tool Prompts Outcry

BUSINESS | By Barbara Ortutay | Feb 14, 2023

Nonprofits, researchers and others need the tool to analyze Twitter data because the sheer amount of information makes it impossible for a human to go through by hand.

Watch: Ben Affleck Suits Up Again as Batman in 'The Flash' Super Bowl Ad

Watch: Ben Affleck Suits Up Again as Batman in 'The Flash' Super Bowl Ad

BUSINESS | Feb 13, 2023

Warner Bros/DC released a new ad for "The Flash" starring Ezra Miller, which featured Ben Affleck once again suiting up as Batman. Miller originally debuted his character in "Justice League." The movie opens June 16.

Watch: Advertising Expert Discusses this Year's Super Bowl Ads

Watch: Advertising Expert Discusses this Year's Super Bowl Ads

BUSINESS | Feb 13, 2023

Marketing professor Tim Calkins was impressed by standard of adverts during this year's Super Bowl.

Super Bowl Ads Use Celebs, Humor, Lots of Dogs

Super Bowl Ads Use Celebs, Humor, Lots of Dogs

BUSINESS | By Mae Anderson | Feb 13, 2023

Advertisers bet big that viewers were turning to the Super Bowl for a comforting escape, and delivered a series of advertisements that relied on familiar celebrity faces, light humor, and plenty of cuddly dogs.

Army Sees Safety, Not 'Wokeness,' as Top Recruiting Obstacle

Army Sees Safety, Not 'Wokeness,' as Top Recruiting Obstacle

BUSINESS | By Lolita C. Baldor | Feb 13, 2023

Some Republicans blame "wokeness" for recruiting woes, but the military service says the bigger hurdles are young people don't want to die or get injured, and put their lives on hold.

Report: Companies' Climate Targets Not What They Claim to Be

Report: Companies' Climate Targets Not What They Claim to Be

BUSINESS | By Frank Jordans | Feb 13, 2023

A new report concludes major brands are exaggerating how ambitious their efforts to cut greenhouse gas emissions are — in effect misleading consumers, investors and governments.

Nasty Pig Co-founder David Lauterstein on Getting Positive Queer Energy Out Into the World

Nasty Pig Co-founder David Lauterstein on Getting Positive Queer Energy Out Into the World

BUSINESS | By Steve Duffy | Feb 11, 2023

The fashion brand Nasty Pig will be celebrating its 30th anniversary next year, as will its two co-founders, Frederick Kearney and David Lauterstein, who met that year. EDGE spoke with Lauterstein about the company's growth and queer positivism.

MLB Prepared to Take over Local TV Broadcasts from Sinclair

MLB Prepared to Take over Local TV Broadcasts from Sinclair

BUSINESS | By Ronald Blum | Feb 10, 2023

About $1 billion of Major League Baseball's revenue is at risk if a cable television company fails to make payments for local broadcasting rights, and the sport is preparing to take over telecasts.

Peltz, Citing Changes at Disney, Ends Push for Seat on Board

Peltz, Citing Changes at Disney, Ends Push for Seat on Board

BUSINESS | By Michelle Chapman | Feb 10, 2023

Activist investor Nelson Peltz has called off a proxy fight with Disney one day after newly returned CEO Bob Iger announced a major restructuring of the company that includes thousands of job cuts.

Watch: John Travolta, Adam Driver Star in Super Bowl Ads

Watch: John Travolta, Adam Driver Star in Super Bowl Ads

BUSINESS | Feb 9, 2023

Big name advertisers from Netflix to Google are paying as much as $7 million for a 30-second spot during the Super Bowl on Sunday.

Netflix Steps Up its Effort to Get Paid for Account Sharing

Netflix Steps Up its Effort to Get Paid for Account Sharing

BUSINESS | By Dee-Ann Durbin | Feb 9, 2023

Netflix has a plan to deal with rampant account sharing: a program that lets subscribers pay extra to share their account with people outside their household.

Disney to Cut 7,000 Jobs in Iger's Company 'Transformation'

Disney to Cut 7,000 Jobs in Iger's Company 'Transformation'

BUSINESS | By Alex Veiga | Feb 8, 2023

The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and "strategic reorganization" announced Wednesday by CEO Bob Iger.

Primary Care a Hot Target; CVS Spends $10.6B on Oak Street

Primary Care a Hot Target; CVS Spends $10.6B on Oak Street

BUSINESS | By Tom Murphy | Feb 8, 2023

CVS Health said Wednesday that it will spend about $10.6 billion to buy Oak Street Health, which runs clinics that specialize in treating Medicare Advantage patients.

Florida Bill Targets Disney in Revenge for Opposition to 'Don't Say Gay'

Florida Bill Targets Disney in Revenge for Opposition to 'Don't Say Gay'

BUSINESS | By Mike Schneider | Feb 8, 2023

Disney's government in Florida has been the envy of any private business, with its unprecedented powers in deciding what to build and how to build it, but those days are numbered.

UK Watchdog Says Microsoft's Activision Deal Hurts Gamers

UK Watchdog Says Microsoft's Activision Deal Hurts Gamers

BUSINESS | By Kelvin Chan | Feb 8, 2023

Microsoft's stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom.

Super Bowl Gambling Surging as States Legalize It? You Bet

Super Bowl Gambling Surging as States Legalize It? You Bet

BUSINESS | By Wayne Parry | Feb 7, 2023

As legal sports gambling proliferates, the number of Americans betting on the Super Bowl and the total amount they're wagering is surging — although most of the action is still off the books.

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