A Florida county school district is allegedly violating the First Amendment by its removal of books discussing race, racism and LGBTQ+ identities, according to a federal lawsuit filed Wednesday by Penguin Random House, PEN America, authors and parents. The lawsuit claims that the school district ordered the removal of books …
Read More »Food inflation is easing — but price breaks are still few and far between
Grocery shoppers have been walloped over the past year with sharply higher costs for eggs, butter, meat and other pantry basics. At last, inflation is starting to ease in supermarket aisles, though perhaps not quite enough to provide significant relief for households. Prices for a handful of staples have dipped over the …
Read More »Lyft to “significantly reduce” workforce under new CEO
Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher took the helm of the ride-hailing service. It’s the latest in a series of layoffs that have rocked the once high-flying technology industry. In a blog post Friday, Risher told employees the company would “significantly …
Read More »Retirement savers: Will you face a tax bomb in retirement?
Good savers, beware. The money you’re stuffing into your 401(k) and other retirement accounts has to be withdrawn someday. If you’re not strategic about how you save, you could face unnecessarily high tax bills and inflated Medicare premiums in retirement — plus, you could be saddling your heirs with higher …
Read More »Panera Bread rolls out palm
Panera Bread is rolling out palm scanners that will link customers’ handprints to their loyalty accounts — a move the company paints as convenient but that privacy advocates have decried. The biometric-gathering technology, developed by Amazon, will hit stores in the next few months, Panera said on Wednesday. The gadgets …
Read More »Ex
A former Goldman Sachs banker was sentenced Thursday to 10 years in prison for his role in looting a Malaysian development fund of billions of dollars used to finance lavish parties, a superyacht, premium real estate and even the 2013 film “The Wolf of Wall Street.” Roger Ng was convicted …
Read More »Ford will resume production on F
Ford Motor said it will resume manufacturing its F-150 Lightning this month after first reporting weeks ago that something was wrong with the vehicle’s battery. The production restart begins March 13, Ford spokeswoman Emma Bergg said in a statement Thursday. The Michigan automaker spotted a battery issue during a pre-delivery …
Read More »Big food companies slam government proposal for regulating “healthy” food labeling
As the federal government moves to change rules for what foods can sport “healthy” labels, manufacturers are pushing back. Some of the biggest makers of cereals, frozen and packaged food have submitted dozens of claims to the Food and Drug Administration objecting to new rules that would exclude food with …
Read More »Mormon church fined $5 million for scheme to hide $32 billion investment portfolio
The Church of Jesus Christ of Latter-day Saints and its investment arm have been fined $5 million for using shell companies to obscure the size of its $32 billion portfolio, which was under church control, the U.S. Securities and Exchange Commission announced Tuesday. The faith, known as the Mormon church, …
Read More »Ford halts F
Ford Motor will pause production on its F-150 Lightning until at least February 24 because the electric pickup truck has a battery problem. The Michigan automaker spotted a potential battery issue this week during a pre-delivery quality inspection and started investigating the cause. Ford said it’s not aware of battery …
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