Tag Archives: MoneyWatch

Modelo Especial is the new top

Bud Light sales plunged in May, toppling the beer brand from its longtime perch as the nation’s best-selling brew. Parent company Anheuser-Busch InBev (ABI) sold $297 million worth of Bud Light for the four weeks ending May 28 — a 23% drop from the same time period the year before, …

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Rampant racism alleged by Black workers at California Tesla factory

Tesla may face a class-action lawsuit after 240 Black factory workers in California described rampant racism and discrimination at the electric automaker’s San Francisco Bay Area plant, including frequent use of racial slurs and references to the manufacturing site as a plantation or slave ship. The testimonies filed Monday in …

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Amazon’s Ring gave employees “unfettered” access to customer videos, FTC alleges

Amazon’s Ring camera is marketed as a safety device, but a new government lawsuit claims the company gave its employees and contractors “unfettered” access to personal videos and failed to protect customer security, leading to hackers threatening or sexually propositioning Ring owners. In one case, a Ring employee “viewed thousands …

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TikTok files lawsuit challenging Montana’s ban of the app

Social media app TikTok has filed a lawsuit challenging the state of Montana’s ban of the app calling its complete censure “unconstitutional.” “We are challenging Montana’s unconstitutional TikTok ban to protect our business and the hundreds of thousands of TikTok users in Montana. We believe our legal challenge will prevail …

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AAA estimates 42.3 million people will travel during Memorial Day weekend

Americans planning a trip by car this Memorial Day weekend should expect to pay gas prices closer to $3.25 a gallon, experts predict. The national average for a gallon of regular inched up to $3.53 on Monday but is still down nearly $1.50 from its peak of $5.02 last June, according to …

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What the California reparations panel says — and how likely its proposals are to go into effect

A group of scholars and lawmakers in California just voted to advance a plan to offer reparations to descendants of enslaved people in the state. Coming at the end of a two-year-process, the momentous proposal is the first state-level attempt to grapple with the lingering effects of slavery and racist …

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New York, California probe workplace issues at the NFL

Attorneys general in California and New York said they are investigating the National Football League over possible violations of pay equity and anti-discrimination laws.  The probe comes roughly one month after a former NFL director filed an age and gender discrimination lawsuit against the NFL. Jennifer Love said she worked …

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New obesity drug tirzepatide poised to upend weight loss care

As a growing number of overweight Americans clamor for Ozempic and Wegovy — drugs touted by celebrities and on TikTok to pare pounds — an even more powerful obesity medicine is poised to upend treatment. Tirzepatide, an Eli Lilly and Co. drug approved to treat Type 2 diabetes under the …

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BuzzFeed News shutting down as parent company slashes 15% of jobs

BuzzFeed is shutting down its BuzzFeed News operation, with CEO Jonah Peretti writing in a company memo that it “can no longer continue to fund” the site.  The company, known for a millennial-friendly site filled with listicles and viral videos, said it is also cutting 15% of its employee base, …

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Expedia launches ChatGPT

ChatGPT, the “generative” artificial intelligence technology popping up in multiple industries, has a new gig: personal travel guide. Trip planning site Expedia this week launched an AI-based tool on its mobile app that helps users plan voyages and research their destinations.  “Basically the idea is just to give travelers, however they want to …

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