Target on Wednesday reported another quarterly profit decline and issued a cautious sales and profit outlook for the current period. The Minneapolis company is dealing with rising costs, which includes rising theft as a big factor, and consumers who have become more cautious about spending. The company still topped Wall Street expectations and stuck to […]Read More

Hundreds of people who bought tickets for U2’s Las Vegas residency are being offered refunds after learning their seats had obstructed views of the event venue’s screen. Show organizers realized during a production review that an overhang in the new, $2 billion Sphere at The Venetian Resort’s first level would limit the view of the […]Read More

Hundreds of people who bought tickets for U2’s Las Vegas residency are being offered refunds after learning their seats had obstructed views of the event venue’s screen. Show organizers realized during a production review that an overhang in the new, $2 billion Sphere at The Venetian Resort’s first level would limit the view of the […]Read More

Declaring a mission to liberate “Taco Tuesday” for all, Taco Bell is asking U.S. regulators to force Wyoming-based Taco John’s to abandon its longstanding claim to the trademark. Too many businesses and others refer to “Taco Tuesday” for Taco John’s to be able to have exclusive rights to the phrase, Taco Bell asserts in a […]Read More

DETROIT — Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off. The company is recalling certain Cherokees from the 2014 through 2016 model years. Water can get into the liftgate control computer, causing […]Read More

Wells Fargo & Co. has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. U.S. District Judge Gregory Woods in Manhattan federal court granted preliminary approval on Tuesday to the all-cash settlement, which had been filed […]Read More

The U.S. Virgin Islands issued a subpoena to Tesla CEO Elon Musk seeking documents for that government’s lawsuit against JPMorgan Chase over sex trafficking by the bank’s late longtime customer Jeffrey Epstein, a court filing revealed Monday. That filing said the Virgin Islands has tried unsuccessfully to serve Musk with the subpoena, which was issued on April 28, because of suspicion that Epstein “may have referred or attempted to refer” […]Read More

Tesla CEO Elon Musk lost an appeal to unwind parts of a consent decree that he and the automaker struck with the Securities and Exchange Commission to settle civil securities fraud charges in 2018. The ruling, issued Monday by a federal appeals court, affirms a prior decision from the U.S. District Court for the Southern […]Read More

China’s market regulator said Tesla Inc. will fix software in more than 1 million vehicles to reduce the chance of accidents, the regulator said on Friday. The action is described as a product recall under Chinese regulations, the regulator said, but it was not immediately clear if drivers might need, or would be eligible, to return […]Read More

After a three-year national health emergency, over 1.1 million Covid deaths, a wave of retirements and high inflation, the U.S. labor force is smaller and tighter than before the pandemic. For workers, that means continued leverage to secure pay gains and better conditions even as the economy cools. The labor market rebounded sharply from the […]Read More