Business

Another return-to-office showdown is underway, and this time it’s taking place in “the happiest place on earth.” After stating last month that employees must be in the office at least four days a week, Disney CEO Bob Iger is getting some backlash this week. More than 2,300 employees have signed a new petition to get Iger to reconsider the return…

Imagine you are outbid by a company for a single family home. That’s been all too real in recent years, as investor home purchases soared, fueling the pandemic housing boom and driving many aspiring home buyers out of the market. Over the past year, the average interest rate on 30-year fixed-rate mortgages has risen to over 7%. The year before,…

In the same week, the trial of Microsoft’s AI-powered search engine caused many people to become uneasy and concerned about the true intentions of the artificial intelligence. The company insists that technology will be a positive force in the long run. As Microsoft, Google and many more competitors accelerate the development of their AI products, you can expect the technology…

For the past year, the Federal Reserve has worked tirelessly to tame record-high inflation. As a result, the Federal Funds Rate has been consistently raised in increments of 25 to 75 basis points to get the economy running smoothly again. The catch: Rising interest rates increase the cost of borrowing. But this isn’t all bad news for savers and checking…

Vince McMahon is looking to raise up to $9 billion in a potential sale of World Wrestling Entertainment Inc., the company he once again helmed this year, according to people familiar with his mindset. The company has already received offers, said people, who asked not to be identified as the talks were private. WWE declined to comment. WWE shares rose…

May 1st is International Labor Day. It’s also the day Amazon employees are scheduled to return to the office, according to a memo CEO Andy Jassy released on Friday and emailed to employees. In the memo, Jassy explained that working remotely, hybrid and in person for almost three years has led the company to decide “we should be back in…

Pennsylvania Democratic Senator John Fetterman is seeking treatment for major depression months after suffering a stroke. Here’s what’s known about the terms. WHAT IS A BEAT? Stroke is one of the leading causes of death worldwide, affecting nearly 800,000 Americans each year. The World Health Organization estimates that about one in four people will experience a stroke at some point…

Facebook allowed an exiled Moldovan oligarch with ties to the Kremlin to run ads calling for protests and uprisings against the pro-Western government, even though he and his political party were on US sanctions lists. The ads, featuring politician and convicted fraudster Ilan Shor, were eventually removed from Facebook, but not before being viewed by millions in Moldova, a small…

Acclaimed actor Bruce Willis has been diagnosed with frontotemporal dementia (FTD), according to a statement from his family on Thursday. “Unfortunately, communication difficulties are just a symptom of the illness Bruce is facing,” the family writes. “While it’s painful, it’s a relief to finally have a clear diagnosis.” In the spring of 2022, the 67-year-old ‘Die Hard’ and ‘Pulp Fiction’…

The tech CEO behind a Super Bowl ad attacking Teslas for being unsafe declared a partial victory after a government agency found that Elon Musk’s self-driving technology increased the risk of a collision. Green Hills Software’s Dan O’Dowd, who spent $600,000 on 30 seconds of airtime in certain regional markets, said the National Highway Traffic Safety Administration’s (NHTSA) recall of…