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Ikea plans to cut prices despite high inflation
The world's biggest furniture retailer raised prices in its fiscal year to the end of August to pass on soaring raw material costs and supply chain disruptions.
'Natural' baby company recalls 10,000 sippy cups over lead contamination
The cups are commonly sold in Whole Foods, Bed Bath and Beyond, and on amazon.com's baby section.
Musk's Tesla planning big revamp of one of its electric cars: report
The project aims to reduce the number of components and complexity in the interior of the Model 3 while focusing on features that Tesla buyers value.
Miami nightclub owners mourn loss of 'crypto nerds' after FTX collapse
“[The crypto entrepreneurs] wanted to show that they didn’t have any limits,” said Andrea Vimercati, an executive at Moxy Hotel group.
Crypto lender BlockFi files for bankruptcy as FTX contagion spreads
Prominent cryptocurrency lending platform BlockFi filed for bankruptcy on Monday as the contagion effect from FTX’s collapse spreads through the sector, company officials said. The company’s bankruptcy filing stated it...
Bahamas shreds new FTX CEO over 'extremely regrettable' accusations
FTX officials had accused the Bahamas of improperly seizing digital assets.
Disney-themed children's clothing recalled over lead-poisoning risk
The recall includes 87,000 clothing sets that were sold at TJ Maxx, DD’s/Ross, Burlington, Army & Airforce Exchange Service, Amazon.com, and other retailers between November 2021 and August 2022, according...
Musk's 'bedside table' has guns, Buddhist amulet, Cokes — and no coasters
"There is no excuse for my lack of coasters," Musk joked.
Crypto founder unexpectedly dead at 30
Tiantian Kullander, the co-founder of Hong Kong-based digital asset company Amber Group, died in his sleep on Nov. 23.
Whole Foods' decision to stop selling Maine lobster has pols steaming mad
Whole Foods' decision to stop selling Maine lobster has upset politicians from the nation's largest lobster-producing state.
In-store Black Friday shopping jumps, online records set
In-person visits to stores edged up 2.9% on Black Friday compared to last year despite decades-high inflation, according to a retail analytics provider.
Elon Musk credits 'The Simpsons' for predicting his Twitter takeover
"Simpson’s predicts I buy Twitter S26E12," Elon Musk, 51, tweeted Saturday.
US furniture company lays off all 2,700 employees while they were sleeping
United Furniture Industries left its entire 2,700-person workforce unemployed just two days before Thanksgiving.
Balenciaga files $25M suit over controversial ad amid ‘BDSM teddy bear’ backlash
Balenciaga has filed a $25M lawsuit against the producers of a controversial ad campaign featuring BDSM teddy bears and a court ruling on child pornography.
'Nine West' owner debunks reported deal to sell iconic tower near Central Park
An article in the Real Deal last month set off a wild guessing game when it reported that Stefan Soloviev was “finalizing an agreement” to sell 9 West.
Musk’s 2-year-old son ran around Twitter HQ during key meetings: report
During the meeting in what staff called “the war room”, childrens toys were strewn across the conference room floor while Musk's son ran around playing with them.
IRS warns Americans over threshold to report Venmo and PayPal payments
The IRS is interested in transactions involving part-time work, side gigs, and selling goods, according to the agency.
More consumers financing holiday gifts as inflation bites budgets
More consumers are financing their holiday gifts with buy-now-pay later apps, according to new data.
'Killing the soul': Disney CEO Iger reportedly thinks park prices are too steep
"He's killing the soul of the company," Bob Iger reportedly said of Bob Chapek, before returning to Disney as CEO.
iPhone factory protests in China threaten massive hit to holiday shipments
Foxconn could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when the labor issues erupted in late October.