Business

NY Delivery Workers To Share $4M Payout Because Booze Delivery App Routed Their Tips To Store Owners

Gothamist reports: More than 8,300 delivery workers allegedly cheated out of tip money by defunct alcohol-delivery platform Drizly will share a $4 million payout – or about $500 apiece – under a restitution agreement announced Monday by the New York attorney general’s office. The funds will go to former delivery workers across the state, including 1,375 in New York City, …

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FTC Bans “Junk Fees” By Hotels And Ticket Sellers

CBS News reports: Ever booked a hotel room for $200 only to be surprised by an extra $40 “resort fee” at checkout? A new Federal Trade Commission rule aims to put a stop to such surprise charges by banning so-called junk fees on short-term lodging as well as on tickets to live events. The rule bans businesses from using such …

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NBC: UnitedHealth Stock Down 20% Since CEO Killing

NBC News reports: The Dow fell 267 points Tuesday, closing 0.6% lower after nine straight days of declines — its longest losing streak since 1978. The downturn has coincided with a steep drop in the shares of UnitedHealthcare’s parent company since CEO Brian Thompson was shot and killed in New York City on Dec. 4. UnitedHealth Group’s stock has tumbled …

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Walmart Tests Body Cams Over Customer Conflicts

CNBC reports: Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC has learned. Body cameras and the footage they gather are commonly advertised as a way to prevent shoplifting, but Walmart intends to use the tech for worker safety — not as a loss prevention tool. …

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NY Ban On Pet Shop Sales Of Dogs And Cats Begins

From New York City’s Department of Health: As of December 15, pet stores in New York are banned from selling cats and dogs, as a 2022 state law takes effect. The New York City Health Department will be enforcing the ban and has communicated with all 24 permitted NYC pet stores to remind them of the deadline. Intro 1018, which …

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New York May Create Hotline For Threatened CEOs

CNN reports: The office of New York Gov. Kathy Hochul is convening business leaders and law enforcement to discuss safety this week. Kathryn Garcia, Hochul’s director of operations and infrastructure, will hold a call with several business leaders and law enforcement on Tuesday, a spokesperson for the governor’s office told CNN. Kathryn Wylde, president and CEO of the Partnership for …

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SpaceX Seeks To Incorporate As Official Texas City

The Texas Tribune reports: SpaceX’s goal is to colonize Mars. But first, it wants to create an official city in Texas. Employees living on the site of SpaceX’s operations in South Texas are requesting a special election to determine whether the site can be incorporated into a city. Current residents of Starbase, the company’s South Texas headquarters and launch site, …

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Apple CEO Tim Cook Dines With Trump At Mar-A-Lago

The Associated Press reports: Donald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect’s Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly. Cook is the latest in a string of big tech leaders — including OpenAI’s Sam Altman, Meta’s Mark Zuckerberg and Amazon’s Jeff Bezos — …

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Granola Bars Recalled Over “Potential Metal Pieces”

Via press release from the FDA: Riverside Natural Foods Inc. is voluntarily recalling certain batches of MadeGood granola bars due to the potential presence of a piece of metal in the product, which, if consumed, may result in a safety hazard. The health and safety of our consumers is our highest priority. This recall is being initiated as a precautionary …

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UnitedHealth Chief: We Know The System Is Flawed

UnitedHealth Group’s CEO writes for the New York Times: We greatly appreciate the enormous outpouring of support for Brian Thompson, who ran our health insurance business, UnitedHealthcare, as well as for our wider company, which I lead. Yet we also are struggling to make sense of this unconscionable act and the vitriol that has been directed at our colleagues who …

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Amazon To Donate $1M To Trump’s Inauguration Fund

CNN reports: Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration. Amazon founder Jeff Bezos is expected to visit with Trump in person in the coming days, as he and other tech founders seek closer relationships with the incoming president. Bezos and Trump spoke over the summer after the first assassination attempt. Bezos publicly praised Trump at …

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Amazon Launches Hyundai Sales, Including Financing

Via press release from Amazon: Starting today, vehicle shoppers in 48 U.S. cities can browse, order, finance, and schedule pickup of a new Hyundai vehicle from their local participating dealer directly on Amazon. Amazon Autos offers online automotive shopping from Hyundai dealers across major metropolitan areas nationwide. We continue to add more Hyundai dealerships, and next year, we will roll …

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Meta Donates $1 Million To Trump’s Inauguration Fund

Axios reports: Meta donated $1 million to President-elect Trump’s inaugural fund, the social media giant confirmed to Axios late Wednesday. Big Tech CEOs have been working to gain access and influence with Trump since he won the election last month, “Neither Zuckerberg nor Meta donated to Trump’s inaugural fund in 2017 or to President Biden’s fund in 2021,” per the …

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Albertsons Sues Kroger Over Failed $25 Billion Merger

The New York Times reports: The grocery chain Albertsons said on Wednesday that it had backed out of its $25 billion merger with Kroger and sued its rival for failing to adequately push for regulatory approval, after both a federal and state judge blocked the deal on Tuesday. The deal, which would have been the biggest grocery store merger in …

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Dollar Tree: We’ll Drop Products Due To Trump’s Tariffs

Fox Business reports: Dollar Tree said Wednesday it may adjust or even eliminate certain products if President-elect Trump’s proposed tariffs take effect. The discount retailer, which has high exposure to China, told analysts it has a “wide range of potential actions” it can take to mitigate additional tariffs if they materialize, including changing product details or sizes and even getting …

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Dairy Org Pleads For “Workable Guestworker Program”

Stateline reports: The National Milk Producers Federation says it’s too early to say how it would cope with mass deportations under the Trump administration. But the group states it “strongly supports efforts to pass agriculture labor reform that provides permanent legal status to current workers and their families and gives dairy farmers access to a workable guestworker program.” Immigrants make …

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Texas Judge Blocks Federal Anti-Money Laundering Law

The Dallas Express reports: A judge in Texas has issued a nationwide injunction blocking the Corporate Transparency Act. The law pushed by the Biden Administration allegedly aimed at increasing corporate transparency and cracking down on financial crimes like money laundering. The injunction, issued by Judge Amos L. Mazzant III of the U.S. District Court for the Eastern District of Texas, …

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Woman Sues Mattel For “Emotional Distress,” Claims Daughter Visited Porn Site Listed On “Wicked” Boxes

Variety reports: Mattel is being sued for mistakenly printing the URL for a pornographic site on the packaging for special-edition “Wicked” dolls. According to court documents, a South Carolina resident is launching a class action lawsuit after purchasing the toy for her young daughter, who visited the X-rated website that had “nothing to do with the ‘Wicked’ doll.” “These scenes …

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The Container Store Expected To File For Bankruptcy

CNN Business reports: The Container Store’s future is in jeopardy. A weak housing market and steep competition have squeezed the chain. The Container Store, which first began in 1978 and has grown to around 100 US locations, now faces a critical holiday shopping season to save it from bankruptcy. Credit rating agencies rank the Container Store as one of the …

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Cucumbers Recalled In 26 States Over Salmonella Risk

CBS News reports: An Arizona produce company is recalling whole cucumbers distributed in 26 states and Canada because they could contain salmonella. In a filing posted by the Food and Drug Administration on Thursday, SunFed said the recalled cucumbers were sold between Oct. 12 and Nov. 26 and are being pulled from store shelves over possible contamination by the bacteria. …

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