Browsing: Business
Atlanta woman who ripped off Amazon for nearly $10M to buy luxury sports cars learns sentence
An Atlanta woman who participated in a scheme that defrauded Amazon out of nearly $10 million was sentenced to over 16 years in federal prison on Wednesday, the Justice Department announced. The U.S. Attorney’s Office for the Northern District of Georgia said…
NYC-area chamber of commerce CEO blasts Mamdani grocery plan as ‘disastrous’ amid legal fight
Greater New York Chamber of Commerce President and CEO Mark Jaffe, a founder and legal counsel for the Multicultural Business Coalition that is involved in suing over New York City Mayor Zohran Mamdani’s controversial plans to open government-linked grocery…
Burger King revamps menu item after customers sought ‘total overhaul’
Burger King is giving its chicken nuggets a makeover after customers told the fast-food chain the product was falling short. The company said it received thousands of calls, texts and comments from guests earlier this year criticizing its nuggets as…
General Mills ditches artificial colors in Lucky Charms, Trix
Food-manufacturing giant General Mills announced that all of its U.S. cereal offerings are now created without “certified colors.” The company said it intends to remove “certified colors,” which it notes are “also known as synthetic color additives,” from all…
Fed Chair Warsh faces Jackson Hole spotlight with inflation, rate path in focus
Federal Reserve Chair Kevin Warsh is set to deliver the first keynote speech of his chairmanship at the annual Jackson Hole Economic Policy Symposium on Friday amid uncertainty over stubborn inflation. Policymakers from the Fed and various central banks…
Nvidia CEO Jensen Huang ‘rips the Band-Aid off’ as AI chip giant resets expectations
Nvidia CEO Jensen Huang defended his decision to “rip the Band-Aid off” on the company’s gross margins as the chip giant continues to power some of the world’s most advanced artificial intelligence models. The CEO addressed reports of potential 15% price…
SpaceX unveils $100B Louisiana launch site expected to create thousands of jobs
SpaceX announced Tuesday it plans to build its largest rocket launch site in southern Louisiana, investing $100 billion in a complex that could ultimately support thousands of Starship flights each year. The 125,000-acre site on Pecan Island in Vermilion…
US Army plans nuclear microreactors at 5 military bases as part of $2.2B energy security push
The U.S. Army is moving forward with plans to bring nuclear power to five military installations as part of a multibillion-dollar effort to strengthen the military’s energy security and reduce its reliance on potentially vulnerable power grids. The Army…
American ranchers face historic cattle shortage as Trump vows to lower beef prices
WILLIAMSPORT, Tenn. – American ranchers are facing the smallest cattle herd in 75 years as the Trump administration rolls out a plan to lower beef prices and rebuild the herd. President Donald Trump on Friday revealed his plan to waive higher tariffs on beef…
Nearly 25K pounds of frozen buffalo chicken recalled over inspection lapse
Nearly 25,000 pounds of frozen Buffalo chicken products that were produced without the benefit of inspection are being recalled, the Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced on Wednesday. Boston-based Shanghai Ravioli…

