Business

Popular Costco kitchen gadget recalled after fire hazard leaves person burned

More than 113,000 electric kettles sold at Costco and HomeGoods have been recalled after reports that the handles can detach and spill hot water, including one reported second-degree burn, according to the Consumer Product Safety Commission (CPSC). The recall, announced May 14, involves ZWILLING J. A. Henckels Aktiengesellschaft Enfinigy Kettle…

One of America’s oldest beer brands discontinued after 177 years in US

One of America’s once-dominant beer brands is being discontinued after more than 175 years. Schlitz Premium, a beer brand that traces its roots to Milwaukee in the 1840s and was once among the largest breweries in the country, is being put “on hiatus,” parent company Pabst Brewing Co. confirmed Friday…

Meta shifts 7,000 workers into AI roles as layoffs, manager cuts loom

Meta is preparing a sweeping workforce overhaul tied to its aggressive artificial intelligence push, including plans to move thousands of employees into AI-focused roles while cutting managers and laying off workers this week. The Facebook parent plans to lay off roughly 10% of its workforce Wednesday as part of a…

NYC airport debuts AI-powered hologram ‘concierge’ to help travelers

New York City’s LaGuardia Airport is bringing science fiction to the terminal with the debut of an AI-powered hologram concierge designed to help travelers find gates, lounges and baggage claim through face-to-face conversations. The digital assistant, nicknamed “Bridget,” was unveiled this week inside Terminal B, where the hologram chats with…

Ford teams up with outdoor outfitter Filson to launch new Bronco SUV

Ford Motor Co. is partnering with Seattle-based outdoor brand Filson to launch a new Bronco SUV aimed at consumers who value rugged utility, outdoor adventure and products built to last for generations. The companies announced Tuesday that the first-ever Bronco Filson SUV will debut on June 3.”It is definitely catered…

Mamdani meets Jamie Dimon as Wall Street outreach intensifies amid tax backlash

New York City Mayor Zohran Mamdani met Monday with JPMorgan Chase CEO Jamie Dimon at the bank’s new headquarters in Manhattan as the self-described democratic socialist intensifies outreach to Wall Street leaders following backlash over proposals to raise taxes on wealthy New Yorkers. Mamdani visited JPMorgan’s new global headquarters at…

Why Gen Z is saying ‘no’ more often – and saving more money

Young Americans are working to save money for their future goals and retirement despite housing costs straining their budgets, a new report finds. Bank of America on Tuesday released its latest Better Money Habits study of how adult members of Gen Z are handling their finances in adulthood. It found…