3M fires executive over inappropriate conduct weeks after promotion

3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday.

Amazon to increase delivery speed while cutting costs

Amazon.com has overhauled its logistics network in an attempt to reduce how far packages have to travel in an attempt to speed deliveries.

Biden administration approves $42B in student loan forgiveness under updated PSLF program

The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.

Tesla owners sue, claiming software update killed EV battery life

Some Tesla owners have reportedly paid third parties as much as $750 to reverse battery-related software updates, the lawsuit claims.

Elon Musk announces new Twitter CEO
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Elon Musk has announced NBCUniversal's Linda Yaccarino as the company's new CEO. Magdalena Wojcieszak, communications professor at UC Davis, joined LiveNOW from FOX's Josh Breslow to discuss how Twitter has changed since Musk's takeover and what happens next.

Mortgage rates dip on positive inflation data: Freddie Mac

The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

McDonald's found liable for hot chicken nugget that burned child's leg

The jury heard two days of testimony and arguments about the 2019 episode that left the 4-year-old girl with a burned upper thigh.

Inflation ticks up again in April, puts interest rate hikes back on the table

The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).

MTV News forced to close down after 36 years amid Paramount layoffs

The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.

Tempur Sealy to shell out $4B to buy Mattress Firm

Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.

Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey

Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.

Jeffrey Epstein-related suit: Virgin Islands says it can’t find Google co-founder Larry Page

The U.S. Virgin Islands government says it's unable to locate Google co-founder Larry Page to serve him a subpoena in an ongoing lawsuit against JPMorgan Chase for allegedly enabling Jeffrey Epstein’s sex trafficking ring, a new federal filing revealed.

Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.