Business News

• Nike sells out of Kobe Bryant merchandise, as resellers take steps to not profit off tragedy January 28, 2020
  LewisTsePuiLung/iStock(NEW YORK) -- Nike's website has completely sold out of Kobe Bryant merchandise in just two days after the NBA legend's unexpected death on Sunday.Searches on the website for "Kobe" or "Kobe sneakers" on Tuesday automatically redirect to a tribute page mourning the death of the athlete and his 13-year-old daughter, who perished along with […]
• FDA warns makers of Purell to stop advertising that it can prevent Ebola, the flu and more January 28, 2020
  jfmdesign/iStock(WASHINGTON) -- The U.S. Food and Drug Administration issued a warning letter to the makers of Purell hand sanitizer, telling the company to stop marketing the product as effective in preventing Ebola, the flu and more.The advisory comes as the global spread of the new coronavirus outbreak is fueling worldwide anxiety.The warning letter to parent […]
• Couple retires at 32 using the FIRE method. Here's how they did it January 28, 2020
  Casper1774Studio/iStock(NEW YORK) -- As early as Jillian Johnsrud could remember, putting her money into a savings was something she knew she had to do to gain financial freedom.Growing up under challenging circumstances, Johnsrud started saving to have options and to do the things she wanted to.“It didn’t feel like we had any options,” Johnsrud told […]
• 357 Amazon employees take public stand on climate change despite past threats January 27, 2020
  iStock(SEATTLE) -- Hundreds of Amazon employees are taking a stand against what they say is the e-commerce giant's "insufficient action on the climate crisis," in spite of claims that their jobs were threatened for speaking out in the past about the issue.On Sunday, 357 tech workers at the Seattle-based company took to Medium to post […]
• GM's new driverless vehicle signals major shift in the autonomy space, says industry expert January 27, 2020
  Cruise/YouTube(NEW YORK) -- Less than a week after the reveal of the autonomous Cruise Origin shuttle bus, General Motors now says they've picked a place to build it. GM says it's committing $2.2 billion dollars to retool its Detroit-Hamtramck plant, which currently makes Chevrolet and Cadillac sedans.   Ed Niedermeyer is an auto industry analyst […]