Business
The “McMansion” is officially moving from a status symbol to liability. Twenty years after the 2006 housing boom, new data from Zillow reveals a fundamental reversal in the American Dream: Buyers are ditching “wasted scale” and mahogany-heavy footprints for high-efficiency “sanctuaries.”As insurance premiums and property taxes soar, real estate experts…
The disappearance of Nancy Guthrie has brought a renewed focus on the traceability of cryptocurrencies and their use by criminals following reports of alleged ransom notes requesting payment in bitcoin. Guthrie, 84, was last seen on Feb. 1, when authorities believe she was kidnapped from her home. There have been reports…
An expert witness in a case brought by a California woman against Meta, the parent company of Facebook and Instagram, testified that the design features of its social media apps are addictive, likening them to a “drug,” especially when affecting youth. The landmark case continued in a California courtroom on…
Kraft Heinz is pumping the brakes on plans to break up the company, with its new CEO saying the food giant’s challenges are “fixable and within our control” as it shifts focus toward reigniting profitable growth through a $600 million investment push. In a note in the company’s routine fourth…
California’s fuel market is entering another period of strain as refinery capacity continues to shrink in the nation’s largest gasoline market. The planned closure of Valero’s Benicia refinery, one of the state’s remaining major facilities, is expected to tighten supply in a system that already operates with little margin for…
Barron Trump is listed in public records as a director of a new beverage business based near Mar-a-Lago. Filings submitted last month in Florida and Delaware show that Barron Trump is one of five directors of SOLLOS Yerba Mate Inc., described by one of its directors as a “yerba mate…
Instagram chief Adam Mosseri on Wednesday pushed back on claims the platform is dangerously addictive, reportedly telling jurors in a high-profile Los Angeles trial that using the app is more comparable to binge-watching Netflix than suffering from clinical addiction. Mosseri, who has led Instagram since 2018, drew a distinction between…
The U.S. Food and Drug Administration (FDA) has elevated a nationwide recall of cake and bread mixes to a Class I designation, its most serious warning, issued when a product poses a risk of severe illness or death. The recall, first announced in December, involves 866 bags of mixes from…
To celebrate its 30th birthday, Raising Cane’s pulled off perhaps its most epic celebrity get-together in San Francisco for Super Bowl week. With partners like Christian McCaffrey working a shift early in Super Bowl week, to Matthew Stafford and his family chowing down some chicken tenders almost immediately after winning…
Heineken said Wednesday it plans to cut up to 6,000 jobs globally and expects slower profit growth in 2026 as the beer industry grapples with weak demand. The reductions represent nearly 7% of the Dutch company’s approximately 87,000 employees worldwide. The beer giant said the cuts are part of a…














