Business and Economic News

January 5, 2023 12:47 PM

Bed Bath & Beyond warns that it may go bankrupt

The struggling retailer says it's exploring all options, including restructuring and filing for bankruptcy relief.

by Alina Selyukh

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January 5, 2023 6:48 AM

Sony unveils prototype EV, Afeela, to be made with Honda

Sony has unveiled a new high-tech prototype car it will produce in partnership with Honda. The vehicle, first announced in October, glided out on stage at the CES tech show in Las Vegas, Nevada.

by The Associated Press

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January 4, 2023 10:37 PM

Amazon CEO says company will layoff more than 18,000 workers

The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.

by Bobby Allyn

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January 4, 2023 3:17 PM

Minnesota PUC to examine Summit Carbon’s CO2 pipeline project

The Minnesota Public Utilities Commission will consider the first carbon capture pipeline project application Thursday.

by Hannah Yang

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January 4, 2023 4:05 AM

Minimum wage just increased in 23 states and D.C. Here's how much

Workers earning minimum wage in 23 states and the District of Columbia got a raise over the New Year's holiday, according to the Economic Policy Institute.

by The NPR Network

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January 4, 2023 3:07 AM

The Mega Millions jackpot climbs to $940M after no single winner is drawn

The Mega Millions jackpot increased to an estimated $940 million after another drawing Tuesday resulted in plenty of losers but not a single grand prize winner

by The Associated Press

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January 4, 2023 2:10 AM

Southwest Airlines apologizes and then gives its customers frequent-flyer points

Southwest Airlines says it will award the travelers who were caught in the surge of canceled flights during the holidays 25,000 frequent-flyer points, an award worth more than $300 in flights.

by The Associated Press

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January 3, 2023 5:30 AM

A golden age for nonalcoholic beers, wines and spirits

There are many more drinking options this Dry January if you like the taste of alcoholic drinks but don't like the effects of alcohol.

by Greg Rosalsky

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December 30, 2022 4:56 PM

5 things to know about Southwest's disastrous meltdown

Why did Southwest cancel so many flights, and what's next for affected travelers? The airline-in-crisis hasn't answered all the questions, but claims it has returned to normal operations.

by Camila Domonoske