Elon Musk's Tweeting Style Seizes Spotlight in Tesla Trial

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3M Cutting about 2,500 Manufacturing Jobs Globally

3M Cutting about 2,500 Manufacturing Jobs Globally

BUSINESS | By Michelle Chapman | Jan 24, 2023

3M, maker of Post-it notes, industrial coatings and ceramics, is cutting about 2,500 manufacturing jobs worldwide as it looks to align itself with adjusted production volumes.

Elon Musk: Tweets about Taking Tesla Private Weren't Fraud

Elon Musk: Tweets about Taking Tesla Private Weren't Fraud

BUSINESS | By Barbara Ortutay | Jan 24, 2023

Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings.

Biden's Next Climate Hurdle: Enticing Americans to Buy Green

Biden's Next Climate Hurdle: Enticing Americans to Buy Green

BUSINESS | By Chris Megerian, Hannah Fingerhut, and Matthew Daly | Jan 23, 2023

President Joe Biden persuaded Democrats in Congress to provide hundreds of billions of dollars to fight climate change. Now comes another formidable task.

Tyson, Others, Lose Oklahoma Lawsuit over Poultry Pollution

Tyson, Others, Lose Oklahoma Lawsuit over Poultry Pollution

BUSINESS | By Ken Miller | Jan 20, 2023

The world's largest poultry producer, Tyson Foods, is among nearly a dozen poultry companies that have less than two months to reach agreement with the state of Oklahoma on how to clean a watershed.

Flavored Cannabis Marketing is Criticized for Targeting Kids

Flavored Cannabis Marketing is Criticized for Targeting Kids

BUSINESS | By Bobby Caina Calvan | Jan 20, 2023

As cannabis shops proliferate across the country, concerns are growing over the packaging and marketing of flavored cannabis that critics say could entice children.

Job Cuts in Tech Sector Spread, Microsoft Lays Off 10,000

Job Cuts in Tech Sector Spread, Microsoft Lays Off 10,000

BUSINESS | By Matt O'Brien | Jan 19, 2023

Microsoft is cutting 10,000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.

Elon Musk Depicted as Liar, Visionary in Tesla Tweet Trial

Elon Musk Depicted as Liar, Visionary in Tesla Tweet Trial

BUSINESS | By Michael Liedtke | Jan 19, 2023

Elon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of "regular people" or a well-intentioned visionary as attorneys delivered opening statements at a trial.

Genesis Global: The Downfall of a UK Gambling Giant

Genesis Global: The Downfall of a UK Gambling Giant

BUSINESS | Jan 19, 2023

The downfall of one of the UK's most popular gambling operators still surprised many. The timeline of events, however, makes clear that filing for bankruptcy was on the table early on.

On the Rise: Actor John Toon Makes His Mark in Hilarious 'Pooph' Ad

On the Rise: Actor John Toon Makes His Mark in Hilarious 'Pooph' Ad

BUSINESS | Jan 18, 2023

There may not be a funnier and more dynamic personality pushing a product than John Toon, the buff, bearded, fast-talking spokesperson for Pooph, the odor eliminator that is so safe he sprays it in his mouth.

Jury Selected for Elon Musk Trial about Tesla Buyout Tweets

Jury Selected for Elon Musk Trial about Tesla Buyout Tweets

BUSINESS | By Michael Liedtke | Jan 18, 2023

A jury was seated Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors by asserting in 2018 tweets that he had lined up financing to take the electric automaker private.

EU Outlines Plan for Clean Tech Future Boosted by Subsidies

EU Outlines Plan for Clean Tech Future Boosted by Subsidies

BUSINESS | By Raf Casert | Jan 17, 2023

The European Union pushed forward with a clean tech industrial plan which not only should keep the continent in the vanguard of plotting a greener future but also guarantee its economic survival.

Elon Musk's Next Drama: A Trial over his Tweets about Tesla

Elon Musk's Next Drama: A Trial over his Tweets about Tesla

BUSINESS | By Michael Liedtke | Jan 16, 2023

While still grappling with the fallout from a company he did take private, beleaguered billionaire Elon Musk is now facing a trial over a company he didn't.

Business Trusted Most in a More Polarized World, Report Says

Business Trusted Most in a More Polarized World, Report Says

BUSINESS | By Courtney Bonnell | Jan 16, 2023

People worldwide are more gloomy about their economic prospects than ever before and trust business far more than other institutions like governments, nonprofits and the media.

Bank to Pay $31M Redlining Settlement, DOJ's Largest Ever

Bank to Pay $31M Redlining Settlement, DOJ's Largest Ever

BUSINESS | By Ken Sweet | Jan 13, 2023

The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities.

EU Court: Tourists May Get Refunds over COVID Measures

EU Court: Tourists May Get Refunds over COVID Measures

BUSINESS | Jan 12, 2023

Travelers whose package tours were ruined by the imposition of restrictions to combat the COVID-19 pandemic may be entitled to at least a partial refund, the European Union's highest court said.

New, Taller Barbie Doll Is Aimed at Kids as Young as 3

New, Taller Barbie Doll Is Aimed at Kids as Young as 3

BUSINESS | By Leanne Italie | Jan 12, 2023

Love her or loathe her, Barbie has been transformed again, this time into a version for children as young as 3.

New, Taller Barbie Doll is Aimed at Kids as Young as 3

New, Taller Barbie Doll is Aimed at Kids as Young as 3

BUSINESS | By Leanne Italie | Jan 12, 2023

Gone is the contentious hourglass figure for My First Barbie, which launched Thursday ahead of July's live-action film about the icon starring Margot Robbie and Ryan Gosling.

Inflation Report Could Show Another Month of Cooling Prices

Inflation Report Could Show Another Month of Cooling Prices

BUSINESS | By Christopher Rugaber | Jan 12, 2023

The U.S. inflation report for December being released Thursday morning could provide another welcome sign that the worst bout of spiking prices in four decades is slowly weakening.

EDGE Rewind: Watch: Justice Smith and Nic Ashe Celebrate Their Love in Calvin Klein Spot

EDGE Rewind: Watch: Justice Smith and Nic Ashe Celebrate Their Love in Calvin Klein Spot

BUSINESS | By Kilian Melloy | Jan 10, 2023

Out actors Justice Smith and Nic Ashe talk about splitting up, reuniting, and being in love in a new Calvin Klein spot that's part of the company's Pride season ad campaign.

Small Businesses to Tackle Long List of Challenges in 2023

Small Businesses to Tackle Long List of Challenges in 2023

BUSINESS | By Mae Anderson | Jan 10, 2023

After three precarious pandemic years, what transpires in 2023 will make a big difference in whether small businesses across the country are able to stay afloat.

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