Finance and Commerce

US government sues Walmart, Branch Messenger over $10M in delivery driver ‘junk fees’

The U.S. consumer finance watchdog accused Walmart (WMT.N), opens new tab and the workforce payments company Branch Messenger on Monday of forcing…

2 weeks ago

Costco egg recall raised to highest risk level due to salmonella risk that can cause ‘adverse health consequences or death’

The Food and Drug Administration elevated its recent recall of more than 10,000 cartons of eggs sold at Costco to…

2 weeks ago

Biden launches new Chinese chips trade probe, will hand off to Trump

The Biden administration on Monday announced a last-minute trade investigation into older Chinese-made “legacy” semiconductors that could heap more US…

3 weeks ago

Direct Line agrees £3.7bn Aviva takeover ahead of Christmas deadline

Aviva has finally struck a deal to acquire fellow insurer Direct Line for £3.7billion, ahead of a Christmas Day deadline.…

3 weeks ago

Nordstrom family to take high-end retail chain private in $4B deal: ‘Exciting new chapter ‘

Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going…

3 weeks ago

Why are home insurance prices going up?

American homeowners are experiencing the climate crisis in the most tangible of ways: Home insurance is becoming more costly across…

3 weeks ago