KVSP Business
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lvcandy/Getty Images (NEW YORK) — Shares of Tesla plummeted more than 10% in afternoon trading on Thursday, less than 24 hours after the company reported earnings that fell short of expectations and cautioned of sluggish sales over the duration of this year. Revenue and profits missed analyst expectations over the three months ending in December, […]
An exterior view of the Dunkin’ Donuts restaurant in Muncy, Pennsylvania, June 10, 2023. (Paul Weaver/SOPA Images/LightRocket via Getty Images) (NEW YORK) — Lactose intolerant coffee drinkers who opt for nondairy alternatives like soy, almond or oat milk in their drinks at Dunkin’ may pay as much as $2 more for the alternatives, which a […]
sesame/Getty Images (NEW YORK) — Venmo, Zelle and Cash App are leaving consumers vulnerable to fraud that’s “draining bank accounts of significant sums of money,” Manhattan District Attorney Alvin Bragg said in letters to the companies that own those financial apps. He demanded they increase protections. Bragg’s letters said he was writing “in response to […]
Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, exits court in New York, US, on Wednesday, Oct. 4, 2023. (Bloomberg / Contributor/Getty Images) (NEW YORK) — Martin Shkreli’s lifetime ban from the pharmaceutical industry was upheld by a federal appeals court in New York on Tuesday. A three-judge panel of the 2nd U.S. […]
d3sign/Getty Images (NEW YORK) — With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are sent out to individual taxpayers every year. The notices, for example, remind taxpayers of how […]
Isabel Pavia/Getty Images (NEW YORK) — A children’s clothing brand is facing criticism for the way it handled one employee’s request to work remotely while her newborn son was treated in the neonatal intensive care unit. The controversy erupted into public view last week when Ying Liu, the founder and CEO of Kyte Baby, a […]
d3sign/Getty Images (NEW YORK) — TikTok users are loud and proud, not just about their dance moves and style choices, but also when it comes to budgeting. The recent #loudbudgeting trend, which has racked up nearly 10 million views and counting, is all about sharing your savings goals and shouting it from the proverbial rooftops, […]
d3sign/Getty Images, FILE (NEW YORK) — The Dow Jones Industrial Average closed above 38,000 for the first time ever on Monday, setting a record high and capping a steady rise that stretches back to last week. The S&P 500 also reached a record high, closing at about 4,850. The major stock indexes kicked off the […]
Gary Hershorn/Getty Images (NEW YORK) — Microsoft revealed Friday that some of its corporate email accounts were hacked by a Russian-backed group. The tech company said in a blog post that its security team detected the attack on Jan. 12 and quickly identified the group responsible: Midnight Blizzard, “the Russian state-sponsored actor also known as […]
Marko Geber/Getty Images (NEW YORK) — Sports Illustrated employees were notified on Friday that their jobs were being terminated. The Sports Illustrated union posted on X: “This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship. We are calling on ABG to […]
