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Business and Economic News

Alex Jones' Infowars files for bankruptcy protection

Alex Jones' Infowars files for bankruptcy protection

Infowars filed for Chapter 11 bankruptcy protection as the website’s founder and conspiracy theorist Alex Jones faces defamation lawsuits over his comments that the Sandy Hook Elementary School shooting was a hoax. 
by The Associated Press

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Congress seeks compromise to boost computer chip industry

Congress seeks compromise to boost computer chip industry

A global computer chip shortage has made it harder for consumers to get their hands on cars, computers and other modern-day necessities. Congress is looking to boost chip manufacturing and research in the United States with billions of federal dollars.
by The Associated Press

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The FDA is investigating Lucky Charms after reports of illness

The FDA is investigating Lucky Charms after reports of illness

The Food and Drug Administration said it's gotten over 100 complaints linked to the General Mills cereal this year. General Mills said its own investigation hasn't found evidence of consumer illness.
by The Associated Press

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U.S. jobless claims rise but remain near a half-century low

U.S. jobless claims rise but remain near a half-century low

The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.
by The Associated Press

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Starbucks workers win streak of union elections, with no sign of slowing

Starbucks workers win streak of union elections, with no sign of slowing

Once seen as among the most generous of employers, Starbucks is now grappling with disillusionment among its workers. Since December, 20 stores have unionized with more filing for elections every day.
by Andrea Hsu

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