Joann Fabrics and Crafts files for Chapter 11 bankruptcy
Joann Fabrics and Crafts has filed for Chapter 11 bankruptcy protection as it seeks to reorganize its finances. In a release accompanying its filing, Joann said its stores and website…
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JetBlue to leave Kansas City, trim service from Los Angeles and Fort Lauderdale amid financial trouble
JetBlue is ending service to and from Kansas City as part of a broader route reorganization in the wake of a federal judge’s decision to reject its merger with Spirit…
Trader Joe’s-branded cashews sold in 16 states recalled over salmonella concerns
A Trader Joe’s-branded cashew product sold in 16 states is being recalled over salmonella contamination concerns. In a notice posted on the Food and Drug Administration’s website, Wenders LLC said…
EPA bans asbestos, a deadly carcinogen still in use decades after a partial ban was enacted
The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that is still used in some chlorine bleach, brake pads and other products and that kills tens…
Home buyers to be spared broker commissions up to 6% under Realtor group settlement
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing commissions, commonly of up to 6% of the purchase price. Instead, home…
What the National Association of Realtors’ settlement means for consumers and brokers
A groundbreaking $418 million settlement announced Friday by the powerful National Association of Realtors is set to usher in the most sweeping reforms the American real estate market has seen…
Home buyers to be spared automatic broker commissions under new settlement
The National Association of Realtors has agreed to a landmark settlement that would eliminate real estate brokers’ long-standing commissions, commonly of up to 6% of the purchase price. Instead, home…
Boeing and Alaska Airlines point fingers at each other in lawsuit over door plug blowout
Boeing and Alaska Airlines have separately denied any legal responsibility for the injuries allegedly caused to dozens of passengers after a door plug blew out of a 737-Max 9 jet…
Boeing did not retain security camera footage showing work on Max jet door that blew out, NTSB says
Security camera footage showing work being done on a Boeing Max 9 door plug that later blew out mid-air has been overwritten, the head of the National Transportation Safety Board…
Wholesale inflation rose 0.6% in February, much more than expected
Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy. The producer price index, which measures pipeline costs for raw,…