Business

Yahoo Finance reports: McDonald’s is pulling out all the stops to rebuild its reputation and lure customers back after an E. coli outbreak linked to slivered onions in its Quarter Pounder hamburgers. The fast-food giant has reportedly earmarked $100 million for recovery efforts, including marketing and franchisee support to address the fallout. The outbreak infected more than 100 people across …

Reuters reports: U.S. farm industry groups want President-elect Donald Trump to spare their sector from his promise of mass deportations, which could upend a food supply chain heavily dependent on immigrants in the United States illegally. So far Trump officials have not committed to any exemptions, according to interviews with farm and worker groups and Trump’s incoming “border czar” Tom …

NPR reports: Texas’ business and economic sectors say mass deportations could upend some of the state’s major industries that rely on undocumented labor, chief among them the booming construction industry. “It would devastate our industry, we wouldn’t finish our highways, we wouldn’t finish our schools,” said Stan Marek, CEO of Marek, a Houston-based commercial and residential construction giant. “Housing would …

NBC News reports: About 167,000 pounds of both fresh and frozen ground beef products have been recalled over possible E. coli contamination, according to the the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS). After the Minnesota Departments of Agriculture and Health noticed a link between a group of reported illnesses and ground beef from Wolverine Packing Co., …

CNBC reports: The Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. The DOJ said in a filing on Wednesday that forcing the company …

Yahoo Finance reports: Trump’s proposed tariffs have already begun to upend businesses in several industries and many are taking action to safeguard their profits. The tariffs, which include a 10-20% tax on all imports and a potential 60-100% on goods from China, are causing significant concern – and the costs are likely coming right to consumers’ wallets. Philip Daniele, the …

Courthouse News reports: In a pair of cases that may foreshadow the targeted deregulation of federal agencies under President-elect Donald Trump, a panel of judges at the Fifth Circuit Court of Appeals heard arguments Monday about the constitutionality of the National Labor Relations Board. The separate but similar cases were filed by Amazon after the NLRB accused the company of …

Newsweek reports: Trump’s deportation plan is causing widespread “panic” among farmers at risk of losing staff and business. Agricultural output will fall between $30 and $60 billion if Trump’s flagship policy is carried out, according to the American Business Immigration Coalition (ABIC). Business leaders, backed by the ABIC—a lobbying group focused on immigration policies that support industries dependent on immigrant …

CNBC reports: Spirit Airlines, an icon of budget air travel that reshaped the industry, has filed for bankruptcy protection after years of mounting losses, a failed merger and more demanding consumer tastes. The carrier early Monday said it reached a prearranged deal with its bondholders including $300 million in debtor-in-possession financing to help it through the bankruptcy, which it expects …

Road & Track reports: Tesla’s vehicles have the highest fatal accident rate among all car brands in America, according to a recent iSeeCars study that analyzed data from the U.S. Fatality Analysis Reporting System (FARS). Tesla vehicles have a fatal crash rate of 5.6 per billion miles driven. The average fatal crash rate for all cars in the United States …

The Associated Press reports: North Carolina-based Advance Auto Parts said Thursday that it would be reducing its U.S. footprint as part of a “strategic plan to improve business performance.” The company said it is shuttering a total of 523 of its Advance corporate stores, as well as four distribution centers, and exiting 204 independent locations by the middle of next …

Ars Technica reports: Amazon is shutting down Freevee, its free ad-supported streaming television (FAST) service, as it heightens focus on selling ads on its Prime Video subscription service. Amazon, which has owned IMDb since 1998, launched Freevee as IMDb Freedive in 2019. The service let people watch movies and shows, including Freevee originals, on demand without a subscription fee. Amazon’s …

CNN Business reports: KFC accused Church’s Texas Chicken of violating its trademark rights when its fried chicken competitor began using the words “Original Recipe” in its advertising and promotions. KFC claimed in a lawsuit that beginning September 30, it noticed Church’s “abruptly” began using the phrase and ignored KFC’s October 24 letter objecting to the ads. In the disputed promotions, …

Ars Technica reports: Tesla has issued yet another recall for the angular, unpainted Cybertruck. This is the sixth recall affecting the model-year 2024 Cybertruck to be issued since January. And this time, there’s no fix being delivered by a software update over the air—owners will need to have their pickup trucks physically repaired. The problem is a faulty drive unit …

CNBC reports: Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to a pornographic website. Target, Walmart and Amazon had removed the line …

Investors Daily reports: Geo Group and CoreCivic surged again on Monday after a huge rally last week spurred by earnings and elections. CoreCivic stock and Geo stock extended gains after President-elect Donald Trump picked immigration hardliner Tom Homan as his top border official. In 2016, private prison stocks galloped ahead after Trump’s first presidential election win. Geo Group, which owns, …

The New York Times reports: All may be good in the Land of Oz, but the same can’t be said for the world of Mattel. The toy company’s latest dolls for the movie “Wicked” listed a porn website on its packaging instead of a very similar URL that promotes an upcoming film adaptation of the hit Broadway musical. Mattel said …

Courthouse News reports: Beyond trademark infringement, the city of Oakland’s change of its airport name to include “San Francisco” is also confusing travelers, attorneys for the city of San Francisco argued Thursday. During a hearing Thursday afternoon, attorney Bobby Ghajar said San Francisco International Airport (SFO) is the only entity that uses “San Francisco” to denote an airport and that …

Mediaite reports: Billionaire Jeff Bezos offered a “Big congratulations” to former President Donald Trump on his electoral win in a tweet he posted Wednesday morning. Bezos, who has been one of the top wealthiest people in the world for the entire twenty-first century so far, founded Amazon and also owns aerospace company Blue Origin and The Washington Post. His ownership …

The Guardian reports: The Republican mega-donors Dick and Liz Uihlein, who are the third largest donors in this year’s US presidential election, have sought information about who employees at their company Uline will be voting for in Tuesday’s ballot. A screenshot seen by the Guardian shows how employees at the private Wisconsin paper and office products distributor were asked to …