Business

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 …

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. …

Via press release from the FDA: Handsome Brook Farms is voluntarily recalling retail units of the Organic Pasture Raised 24-Count Eggs sold under the Kirkland Signature brand name because these eggs have the potential to be contaminated with Salmonella, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened …

Axios reports: As a record number of travelers fly this Thanksgiving, some may wind up enjoying new Biden-era refund rules that could be on the chopping block after President-elect Donald Trump takes office in January. Trump and his appointees will likely try to defang consumer protection efforts at the Transportation Department (DOT) and across the federal government, as they did …

Reuters reports: The FBI has been investigating a longtime Exxon Mobil consultant over the contractor’s alleged role in a hack-and-leak operation that targeted hundreds of the oil company’s biggest critics, according to three people familiar with the matter. The operation involved mercenary hackers who successfully breached the email accounts of environmental activists and others, the sources told Reuters. Some environmental …

USA Today reports: Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, has made further preparations for giving away his fortune after his death. Buffett, 94, plans to donate 99.5% of his remaining wealth, valued on Friday at $149.7 billion according to Forbes magazine, to a charitable trust overseen by his daughter and two sons when he dies. In …

Reuters reports: Mexican Economy Minister Marcelo Ebrard [photo] said on Wednesday that a 25% across-the-board tariff proposed by U.S. President-elect Donald Trump would cause the loss of 400,000 jobs and slow growth in the United States, while also hitting Mexican exports. “It’s a shot in the foot,” he said in a morning press conference, adding that Mexico wanted more regional …

Axios reports: For the fifth year in a row, the majority of the nation’s largest retailers will keep their doors closed on Thanksgiving. Shopping for last-minute ingredients ahead of the holiday meal is limited with Walmart, Target, Trader Joe’s, Publix and many grocery stores closed Thursday. Walgreens stores nationwide will be closed on the holiday for the second year. COVID …

Newsweek reports: In response to Trump’s planned tariffs, Ontario Premier Doug Ford said, “To compare us to Mexico is the most insulting thing I’ve ever heard from our friends and closest allies, the United States of America. I found his comments unfair. I found them insulting. It’s like a family member stabbing you right in the heart.” Ford warned that …

The Wall Street Journal reports: The door to the plant’s giant casting furnace, which melts metal to be molded into the Model Y’s parts, wouldn’t shut, spewing toxins into the air and raising temperatures for workers on the floor to as high as 100 degrees. Hazardous wastewater from production—containing paint, oil and other chemicals—was also flowing untreated into the city’s …

The Guardian reports: “We’re all living through the enshittocene, a great enshittening, in which the services that matter to us, that we rely on, are turning into giant piles of shit,” author Cory Doctorow said earlier this year. In 2022, Doctorow coined the word “enshittification”, which has just been crowned Macquarie Dictionary’s word of the year. The dictionary defined the …

The Associated Press reports: Walmart, the world’s largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists. The changes, confirmed by Walmart on Monday, are sweeping and include everything from not renewing a five-year commitment for an equity racial center …

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 …