The Latest Breaking News on Business

Popular ice cream brand sold at Walmart and Target files for bankruptcy

Van Leeuwen won a lawsuit against the ice cream brand the month before it filed for bankruptcy

The Independent UK · Aug 16

Analysts Are Upping Their Price Targets on Lumentum Stock. Here's Why.

Lumentum’s AI-fueled momentum is giving analysts plenty to rethink, with stronger results prompting a fresh look at the stock.

Barchart · Aug 16

Rebel Creamery Files Bankruptcy After Van Leeuwen Wins $23 Million Ice Cream Lawsuit

Rebel Creamery filed for Chapter 11 bankruptcy after Van Leeuwen won a £17.6m ($23.785m) judgment over disputed ice cream packaging.

International Business Times UK · Aug 16

7 Moving-Company Red Flags That May Cost Homeowners More Than Expected

Moving day already has enough drama without adding a surprise bill, missing furniture, or a mysterious demand for more money. Seven moving-company red flags deserve special attention because documented scam patterns often rely on urgency, vague pricing, impersonation, or payment methods that make recovering money difficult. The Federal Trade Commission…

Everybody Loves Your Money · Aug 16

Your laptop costs a lot more now. The reason: ‘Chipflation’

AI technology’s explosion has put a suffocating strain on the memory chip supply chain, and consumers are paying the price

The Independent UK · Aug 16

Still holding cash at home? Warren Buffett calls it oxygen, but says it’s not good as an asset

Berkshire Hathaway's successor Greg Abel is deploying its large cash reserves. The firm recently bought back shares and invested heavily in equities. Alphabet stock saw a significant purchase, becoming a major holding. Berkshire's cash pile decreased after these strategic acquisitions. The company reported strong quarterly operating profit and net income…

The Economic Times · Aug 16

New Jersey Revives the Fight To Reclassify Gig Workers as Employees

California notoriously fought to do the same, which led to a slew of exemptions and job declines.

Reason · Aug 15

Starbucks CEO says the coffee chain won’t lose its cash-strapped consumers because it’s on its way to being a 'world-class customer service' company

Brian Niccol said Starbucks’ quality and customer service is worth the cost of a $6 or $7 latte.

Fortune · Aug 15

Kevin O'Leary Admits ‘We Have Not Properly Communicated’ Utah Data Center Plans, Promises More Transparency

Kevin O’Leary, the investor known as Mr. Wonderful, acknowledged that he mishandled public communication around his Stratos data center project in Box Elder County, Utah.

Benzinga · Aug 16

Vishal Garg, Indian-origin Better CEO who fired 900 employees on Zoom in 2021, sacked 5 years later; here's why

Vishal Garg, the Indian-American entrepreneur, has been removed as chief executive of Better Home & Finance. The company's board cited concerns over his judgment, temperament, and credibility for the decision. Better experienced significant financial losses and a sharp decline in its stock price during his leadership. Garg claims the company…

The Economic Times · Aug 16