Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy
Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women. HHS will release the report
Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct. 3 and the biggest one-day drop
Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube
The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC claimed the company allowed data to be collected from kids who viewed videos
Trump family’s American Bitcoin makes stock market debut
Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more ethical concerns as the Trumps look to cash in on crypto as the president’s administration weakens regulations for the nascent industry. American Bitcoin, a firm co-founded
Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.
When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street for his job managing the iPhone-maker’s relationship with the White House. Cook, Wall Street commentators said, had largely
Paramount mandates 5-day-a-week return to office ahead of major cost cuts
David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week starting Jan. 5, 2026, according to
U.S. judge orders Google to share search data with competitors
Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google
Amazon cracks down on Prime free shipping sharing
Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household. The company began notifying users in recent days that it plans to end the Prime Invitee Program on
Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution
Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a
Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states
A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders. From tax hikes on pricey second homes in Rhode
Kraft Heinz to split into two companies
Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet
Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year
Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection in March. The Dania Beach, Florida-based airline said under this bankruptcy, it will
Cracker Barrel rebrand: Why companies retreat when faced with consumer criticism
It’s been a busy week for Cracker Barrel Old Country Store’s marketing team. The restaurant chain announced a rebrand and new logo last week, faced widespread criticism from social media users, including President Donald Trump, and proceeded to walk back its
Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe
The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued
Google has eliminated 35% of managers overseeing small teams in past year, exec says
Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. “Right now, we have 35% fewer managers, with fewer direct reports” than
Lego hits record revenue in first half of 2025, boosted by brick flowers and cars
Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of its biannual
AI detects sound of frog species threatened in Southern California
THE SANTA ROSA PLATEAU ECOLOGICAL RESERVE, Calif. — The scientist traipses to a pond wearing rubber boots but he doesn’t enter the water. Instead, Brad Hollingsworth squats next to its swampy edge and retrieves a recording device the size of
Trump accused Fed Governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say
The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be difficult to prove, experts say. President Donald Trump announced in a Truth