Business

President Joe Biden is in New York for his last U.S. Generall Assembly in office. AP Images

Biden to address UN assembly for last time as president

California’s Attorney General Rob Bonta announced a lawsuit against ExxonMobil, claiming the company lied about plastics recycling. Getty Images

California sues ExxonMobil, says it lied about plastics recycling 

Once a semiconductor powerhouse, Intel is falling from grace, with two firms vying to catch it. But will either offer be a game changer? Getty Images

No quick fix for Intel as it weighs investment and buyout offers

California will ban all plastic grocery bags by Jan. 1, 2026, requiring shoppers to use reusable or paper bags instead. Getty Images

Gov. Newsom signs California ban on all plastic grocery bags by 2026

A 90s classic toy is catching the attention of a new generation, with Tamagotchi, the egg-shaped virtual pet is making a sales comeback. Getty Images

Tamagotchi makes a comeback: 90s virtual pets in a new generation

Another once strong American retail chain is set to fall to one store in the U.S., not dissimilar to Blockbuster. Getty Images

Kmart to close its last full-size US store, only 1 location remaining

Doctors are warning over a rise in teen use of "Galaxy Gas" to get high. Walmart.com

‘Galaxy Gas’ puts new name on old — and very dangerous — way kids get high

GE Vernova has announced major staff reductions in its offshore wind business after a series of operational setbacks and financial losses. Reuters

GE Vernova announces staff cuts amid wind turbine failures, financial losses

Falling mortgage rates may pique the interest of prospective homebuyers. What will Fed rate cuts mean for the housing market?

Does Fed rate cut plus falling mortgage rates equal more affordable housing?

The U.S. Federal Trade Commission is taking legal action against three of the country's largest pharmacy benefit managers, or PBMs. Getty Images

FTC sues 3 top pharmacy managers over price inflation

Nike announced the sudden retirement of CEO John Donahoe, while 32-year Nike vet Elliott Hill will return from retirement to take the job. Getty Images

Nike rehires 1988 intern as next CEO. Here are Elliott Hill’s first hurdles.

The EU’s Commission wants to ensure Apple products like iPhones and iPads interact properly with all headphones and smartwatches. Getty Images

EU to guide Apple in providing support for third-party headphones, watches

Shoppers at a Costco in northern California got a surprise visit from the former first lady, Michelle Obama. Getty Images

Michelle Obama promotes new healthy kids drink to Costco shoppers

A possible port strike in the U.S. could have a major impact on the global supply chain and cost the U.S. economy billions of dollars. Getty Images

East Coast ports prep for strike that could cost the US economy billions

The number of underage people drinking nonalcoholic beer, wine, and mocktails in the U.S. is growing. Getty Images

Should the US implement age restrictions for nonalcoholic drinks?

The eight biggest movie theater chains in the U.S. and Canada — including AMC and Regal — will invest $2.2 billion to make upgrades. Getty Images

AMC, Regal investing $2.2B to upgrade movie theater experience

The Rainforest Cafe will be coming to New York City's Empire State Building this fall. Getty Images

After a tease, Rainforest Cafe is actually coming to Big Apple

Israel and Hezbollah are amping up strikes against each other amid fears of an expanding war in the Middle East. AP

Israel strikes Lebanon as Hezbollah vows revenge for device explosions

Nintendo and the Pokemon Company filed a lawsuit against Pocketpair, accusing the 'Palword' video game maker of patent infringement. Pocketpair

Nintendo, Pokemon Co. sue ‘Palworld’ maker over patent infringement

Olive Garden is teaming up with Uber for food deliveries, after previously only sending employees to deliver on orders over $100. Getty Images

Olive Garden teams up with Uber Eats amidst sales slump

Conservative talk show host Tucker Carlson has launched a product to compete with popular nicotine pouch Zyn. Getty Images

Tucker Carlson launches nicotine pouches to compete with Zyn

Nearly 100 years ago, a Danish butter magnate left behind a 20,000 piece collection of coins, notes and medals. AP Images

100-year-old coin collection unveiled, shatters auction records

Iranian hackers sent stolen Trump campaign information to people within the Biden campaign. Getty Images

Iranian hackers sent stolen Trump campaign info to Biden campaign staffers: FBI

The DOJ is suing the owners of the Dali container ship after it collapsed Baltimore’s Francis Scott Key Bridge, killing six people. Getty Images

DOJ sues over Baltimore bridge collapse, seeks $100 million