They expected an Olympic boon, but some Paris businesses experienced an Olympic tourism bust Posted August 27, 2024 On a typical summer day, tourists flock to the historic Marais district of Paris, wandering through charming medieval lanes dotted with ultra-chic boutiques, gazi…
Spicy dispute over the origins of Flamin’ Hot Cheetos winds up in court Posted August 22, 2024 A court case could soon settle a spicy dispute: Who invented Flamin' Hot Cheetos? A former PepsiCo executive is suing the company, saying it destroyed his career after question…
Amazon Prime Day is a big event for scammers, experts warn Posted August 18, 2024 Deceptions such as phony emails from people impersonating online retailers like Amazon are nothing new. But phishing attempts in…
Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off Posted August 15, 2024 Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an exp…
Stop & Shop closing 32 underperforming grocery stores in the Northeast Posted August 12, 2024 Stop & Shop said it will close 32 underperforming grocery stores in the Northeast U.S. by the end of the year. The chain, which is owned by the Dutch supermarket company Ah…
Hong Kong’s government seeks to regulate online car-hailing platforms, a move likely to affect Uber Posted August 8, 2024 The Hong Kong government is seeking to regulate online car-hailing platforms through licensing and impose tougher penalties on illegal ride services, a move likel…
Air travel is getting worse. That’s what passengers are telling the US government Posted August 4, 2024 Air travel got more miserable last year, if the number of consumer complaints filed with the U.S. government is any measure. The Transportation Department said that it received…
Millions in Nigeria have little to no electricity, straining businesses and public services Posted July 28, 2024 About half of Nigeria’s more than 200 million people are hooked up to a national electricity grid that can't provide sufficient daily electricity to most of those…
Luxury sales flattening, amid creativity crisis and price hikes Posted July 19, 2024 The post-pandemic surge in global sales of luxury handbags, shoes, and apparel is set to stall this year, according to a new study by the Bain and Company consultancy. Amid a crea…
The IRS wants to end another major tax loophole for the wealthy and raise $50 billion in the process Posted July 13, 2024 The Internal Revenue Service (IRS) plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade,…