A federal judge in eastern North Carolina has ruled that a group of military service members must privately pursue claims over high credit card fees with Wells Fargo Bank, instead of proceeding with a class-action lawsuit.

The order, issued on Friday, recommended dismissal of the suit against the San Francisco-based banking giant, which has its...Read more

Kraft Heinz is hitting pause on its divorce and pumping $600 million into fixing the marriage of the two iconic packaged food brands that merged in 2015.

The company, which is co-headquartered in Pittsburgh and Chicago, is six weeks into the tenure of its new CEO, Steve Cahillane, who announced on Wednesday that Kraft Heinz's problems are ...Read more

A jury awarded a Los Angeles man $25 million in a lawsuit against Chicago-based Conagra alleging its butter-flavored Pam cooking spray caused a rare chronic lung disease that will require a double lung transplant.

The verdict last week in the Superior Court of Los Angeles found that Conagra did not adequately warn consumers about the potential...Read more

Disney has struck a multiyear deal with the United Kingdom's leading entertainment aggregator, Sky.

The agreement announced Wednesday will fully incorporate Disney+ streaming content into Sky's platform. Disney+ Standard with Ads will be included in eligible Sky TV packages starting next month. The deal also introduces a new linear movie ...Read more

Activist investor Ancora Holdings Group is calling on the Warner Bros. Discovery board to consider a revised bid from Paramount Skydance and negotiate with the David Ellison-led company, or it says it will vote no on the proposed deal between Warner Bros. and Netflix.

The Cleveland-based investment management firm released a presentation ...Read more

Shareholders of Camden, New Jersey-based American Water Works and Bryn Mawr, Pennsylvania-based Essential Utilities, which owns the Aqua water and sewer companies, voted overwhelmingly Tuesday to merge and create a combined company with nearly $30 billion in yearly water and sewer sales.

More than 99% of the 161 million American Water shares ...Read more

A new Trump administration rule limits Small Business Administration loans to U.S. citizens, barring green card holders from applying.

The new rule, which goes into effect March 1, surprised many lenders because it reversed decades of government lending policies that sought to broaden its small business reach as a way to stoke job creation.

...Read more

When the Palisades and Eaton fires displaced thousands of tenants last year, landlords across L.A. jacked up rental prices while the flames were still burning. Officials were quick to respond, vowing crackdowns on price gouging.

A new report asserts that many of those threats were toothless.

Published by activist organization the Rent Brigade,...Read more

A California clean-air program, designed to rapidly electrify the state’s truck and bus fleets, has recently faced intense criticism for reserving its largest-ever tranche of funding to subsidize Tesla’s all-electric semi-truck, a largely unproven vehicle with a dubious production timeline.

In the past year, the California Air Resources ...Read more

U.S. payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026.

Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday. That followed ...Read more

One of Silicon Valley’s most storied venture capital firms has emerged as a hidden hand steering artificial intelligence policy in Washington, as President Donald Trump embraces the industry’s relentless push into the emerging technology.

Andreessen Horowitz is now regularly the first outside call that top White House officials and senior ...Read more

In the echoing expanse of a Sunnyvale, California, food bank, Silicon Valley leaders scrambled across a warehouse floor, making a dull cacophony as they ran to different tables where they begged for work, bargained for groceries, sought housing, and bailed their loved ones out of jail.

The desperate group of business leaders and public workers ...Read more

Los Angeles officials just made it easier to convert empty commercial buildings to housing, opening the door to the creation of thousands of apartments across a city clamoring for housing.

Developer Garrett Lee is already rolling.

After years of struggling to find white-collar tenants for a gleaming office high-rise on the edge of downtown, he...Read more

Meta, TikTok and Snap will be rated on their teen safety efforts amid rising concern about whether the world's largest social media platforms are doing enough to protect the mental health of young people.

The Mental Health Coalition, a collective of organizations focused on destigmatizing mental health issues, said Tuesday that it is launching ...Read more