JCPenney said Thursday it plans to spend more than $1 billion by the end of 2025 in a bid to revive the storied but troubled 121-year-old department store chain. The money is going toward remodeling JCPenney stores, upgrading its online shopping site and app, and making its supply network more… Read More
Rudy Giuliani loses Georgia court case. Judge rules…
A federal judge on Wednesday ruled Rudy Giuliani liable in a defamation lawsuit brought by two Georgia election workers who say they were falsely accused of fraud, entering a default judgment against the former New York City mayor and ordering him to pay tens of thousands of dollars in lawyers’… Read More
Amazon to raise free-shipping minimums for members without Prime
Amazon has been quietly raising the amount some customers must spend on its site to get free shipping. To qualify for no-cost deliveries, some Amazon customers who don’t have Prime memberships now need to spend $35, up from $25 previously. Sponsored: Reverse ‘money machines’ popping up across America. Click here… Read More
American Airlines fined $4.1 million for dozens over these delays
The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays. The U.S. Department of Transportation said Monday it is the largest such fine against an airline since rules covering long… Read More
‘Gran Turismo’ pulls ahead of ‘Barbie’ at the weekend box office
The box office results are in and Sony’s racing movie “Gran Turismo” won the weekend over “Barbie,” after all. On Sunday, “ Gran Turismo” appeared to be neck-and-neck with Warner Bros.’ “Barbie,” now in its sixth weekend, with both hovering just over $17 million. But Monday actuals reported by the… Read More
Fed chair acknowledges Friday the possibility of more rate hikes
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook. Powell noted that the economy has been growing faster than expected and that consumers have… Read More
Uber raises minimum age for drivers in this state
Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company said are necessary because of the rising costs of commercial auto insurance in the state. The new rule applies only to drivers signing up to transport passengers with… Read More
‘Oppenheimer’ for $4? National Cinema Day to bring discounted tickets nationwide
Still haven’t seen “Barbie” or “Oppenheimer”? This Sunday, you’ll be able to catch up for $4 a ticket in movie theaters nationwide. Theater owners announced Monday that the second annual National Cinema Day will be held Sunday, Aug. 27. For one day, all movies — in all formats and at… Read More
The 5 new vehicles with the lowest average purchase prices in the US
A new car that costs under $20,000, once an unofficial threshold of affordability, is all but history in the United States. Blame it on automakers abandoning the low-profit small-car business as American consumers increasingly gravitate toward pricier SUVs and trucks. The “Amazon Secret Royalty Program” Can Help Anyone Retire Like… Read More
Wall Street finishes a third straight losing week Friday
Wall Street is limping Friday toward the close of a third straight losing week. The S&P 500 was virtually unchanged in midday trading. The Dow Jones Industrial Average flipped from an early loss to a gain of 60 points, or 0.2%, to 34,535, as of noon Eastern time, and the… Read More
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