Business

Officials warn of banking spoof callers draining customers’ accounts

Officials are warning customers about banking spoof calls that could trick them into emptying their accounts, with scammers posing as banking or law enforcement officials who claim they are trying to protect the customer’s money. The FBI has described these calls as a growing problem in which customers are convinced…

Popular 1990s internet search giant shuts down

Ask.com, one of the internet’s earliest search engine competitors, has shut down its search business after nearly 30 years, marking the latest contraction in a market dominated by a handful of major players. Parent company IAC said the move reflects a broader strategic shift away from legacy search operations.”As IAC…

DOJ confirms antitrust probe of major meatpackers over beef price inflation

The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing industry participants as federal officials scrutinize whether highly concentrated meatpacking power has contributed to high beef prices. The four largest beef processors control more than…

Frozen pizza sold at Walmart, Aldi recalled over salmonella concerns

Frozen pizzas sold at Walmart and Aldi are being recalled due to concerns that they may be contaminated with salmonella, as well as other items. On April 30, the U.S. Department of Agriculture’s Food Safety and Inspection Services issued a public health alert for meat and poultry products containing FDA-regulated…