Business

After repeatedly churning out disappointing economic data, banks are slashing China's growth outlook for 2023. AP Images

Banks bear down on China’s growth but this bull is bucking the doom and gloom

A New Jersey federal judge ordered Starbucks to pay an additional $2.7 million to settle a wrongful termination lawsuit. Reuters

Starbucks to pay additional $2.7M over wrongful termination lawsuit

Touted as "the most significant climate legislation in U.S. history," the Inflation Reduction Act also contains concessions to oil companies. Getty Images

Inflation Reduction Act ties renewable energy projects to more oil lease sales

Police conducted an extensive raid on a local newspaper’s office and the publisher’s home in central Kansas. AP Images

News media unite after Kansas newspaper raid, police say to wait for the full story

Zoom and Amazon are just two of the companies attempting to navigate a business landscape that is growing in its reliance on AI. Getty Images

Zoom changes plan to use private data for AI; Amazon pushes new feature

A recent push to combat climate change is incentivizing carbon removal efforts, but it could also cost airlines and customers trillions. AP Images

Push to limit emissions via carbon removal could cost airlines, travelers

An encouraging step takes place in a plan to get detained Americans home from Iran. Reuters

Detained Americans on house arrest in planned Iran prisoner swap: The Rundown Aug. 11, 2023

Environmental, social and corporate governance is a political hot potato and it's losing steam. Here are 5 blows to ESG in Five For Friday. Straight Arrow News

S&P drops ratings after Musk complains. Here are 5 recent blows to ESG.

Smith's search warrant for Trump's Twitter account was revealed in court documents released Wednesday, Aug. 9. Getty Images

Docs: Jack Smith got secret search warrant for Trump Twitter account

A bid by the White House to accelerate the transition to EVs may threaten President Biden's pro-labor platform ahead of his reelection bid. AP Images

White House EV push prompts concerns among unions as labor tensions rise

The death toll rises after wildfires tear through parts of Hawaii. Reuters

Death toll rises as wildfires tear through Hawaii: The Rundown Aug. 10, 2023

With the Bud Light boycott, it was clear Coors Light and Miller Lite would benefit. But before long, Mexican lager Modelo Especial was on everyone's lips.

How Mexican beer Modelo Especial shot to the top thanks to Bud Light boycott

An investor is suing Target over its LGBTQ clothing scandal that led to a boycott and $15 billion drop in the company’s value. Getty Images

Investor sues Target over Pride clothing controversy that led to boycott

Ohio voters went to the polls on a measure with implications on abortion laws in the state. Reuters

Ohio voters reject Issue 1, sets stage for abortion rights vote: The Rundown Aug. 9, 2023

Michigan is set to implement a clean energy mandate, aiming to be carbon-free by 2040, in line with the Biden administration's goals. AP Images

Wind energy faces setback as rising costs jeopardize new projects

The weight loss drug Wegovy has become wildly popular, and can reduce the risk of heart attack and stroke, the drugmaker said. Reuters

Weight loss drug Wegovy can reduce heart attack risk, study says

A deadly storm system along much of the east coast caused Washington D.C. government buildings to close as tornadoes, damaging winds and hail threatened the area. AP Image

Deadly storms leave more than 1 million without power: The Rundown Aug. 8, 2023

Former VP Mike Pence says there is a possibility he becomes a prosecution witness if Donald Trump goes to trial on conspiracy charges. Reuters

Pence says he could be prosecution witness in Trump trial: The Rundown Aug. 7, 2023

According to a former Anheuser-Busch executive, there are two reasons why the boycott against Bud Light has been so impactful. Getty Images

They said boycotts rarely work. This is why Bud Light is different.

The House Oversight Committee released a 140-page transcript of its interview with Hunter Biden’s friend and former business partner Devon Archer. Reuters

Devon Archer transcript reveals more about Biden phone calls

Customers are suing Taco Bell for selling less-than-beefy menu items compared with its ads. These 5 companies also faced false advertising claims.

Taco Bell sued for beefy false advertising, 5 companies settled suits

A ghost company with unknown ties and backing has bought 52,000 acres of land surrounding a U.S. military base for $800 million. Getty Images

Mysterious company buying land around USAF base sues farmers; feds probing

Overstock.com is now Bed Bath & Beyond. The move is an attempt to revive the now defunct housewares chain and boost overstock’s popularity.  Getty Images

Overstock rebrands, launches Bed Bath & Beyond website

The "Barbenheimer" phenomenon that took movie theaters by storm this summer isn't enough to divert the storm cloud brewing from strikes. Getty Images

‘Barbenheimer’ is a billion-dollar blast for box office but strikes loom large