Business News

• A fee for rideshares to the airport may be unconstitutional, Arizona AG says January 17, 2020
  Anatoliy Sizov/iStock(PHOENIX) -- A $4 fee for hailing an Uber or Lyft to or from the airport in Phoenix has garnered a firestorm of reaction from residents and ride-share companies, and now Arizona's attorney general says he believes it's likely unconstitutional. The fee tacked onto any ride to or from the Sky Harbor airport has […]
• Apple could be forced to abandon its lightning cable by EU regulators January 17, 2020
  Wachiwit/iStock(NEW YORK) -- European lawmakers are pushing for a universal cellphone charger, arguing it is more environmentally friendly and more convenient for consumers, a move that could bring an end to Apple's exclusive lightning cable. Members of the European Parliament are calling for "binding measures for chargers to fit all mobile phones and other portable […]
• Housing starts rise 16.9% in December, marking 13-year high January 17, 2020
  grandriver/iStock(WASHINGTON) -- More Americans broke ground on new homes last month, pushing housing starts to a 13-year high.The Census Bureau and Department of Housing and Urban Development announced Friday that new home construction rose in December to a seasonally adjusted annual rate of 1,608,000. That’s up 16.9% from November’s estimate, which was revised to 1,375,000. […]
• Deaf man sues PornHub over lack of closed captions January 17, 2020
  domnicky/iStock(NEW YORK) -- A deaf man has sued PornHub and other pornographic websites because he said he “cannot enjoy video content” without closed captioning. Yaroslav Suris, a New York resident, tried to watch videos on PornHub entitled “Hot Step Aunt Babysits Disobedient Nephew,” “Sexy Cop Gets Witness To Talk” and others in October 2019 and […]
• Kat Von D steps down from her popular makeup brand January 17, 2020
  Jun/iStock(NEW YORK) -- Celebrity tattoo artist Kat Von D has officially announced that she is stepping down from her namesake makeup line. "It's hard to admit this, since I've always said, 'You can do everything and anything.' But I don't think admitting one's limits is a bad thing," she posted on Instagram Thursday. "With that […]
• PepsiCo Announces 100 Percent Renewable Electricity January 17, 2020
  PepsiCo(NEW YORK) -- PepsiCo has announced they will use 100 percent renewable energy to power their US direct operations. The beverage and snack giant, whose brands include Gatorade, Tropicana and Lay's, will achieve this using power purchase agreements, virtual power purchase agreements, which finance new renewable energy projects, and renewable energy credits, which are credits […]
• Microsoft says it will be "carbon negative" by 2030 January 17, 2020
  Lcva2/iStock(NEW YORK) -- Microsoft has announced they will become carbon negative by 2030. In a blog post on the company's website, Microsoft President Brad Smith said climate change is the reason. "The world’s climate experts agree that the world must take urgent action to bring down emissions," Smith wrote. "Ultimately, we must reach “net zero” […]
• Why SpaceX is blowing up a Falcon 9 rocket for a safety test January 16, 2020
  Andrei Stanescu/iStock(NEW YORK) -- SpaceX is intentionally blowing up one of its Falcon 9 rockets shortly after it launches Saturday, during what it hopes will be the final unmanned test flight before the private aerospace company can send NASA astronauts to the International Space Station.The in-flight abort test, scheduled for a Saturday morning launch from […]
• Lawyer for former Nissan chairman resigns after client flees Japan January 16, 2020
  eyewave/iStock(NEW YORK) -- After his client jumped bail and fled the country, the lawyer for fugitive former Nissan chairman Carlos Ghosn has resigned. Junichiro Hironaka told reporters that he quit representing Ghosn on Thursday, according to video posted by Japan's national broadcaster, NHK.Ghosn's saga has sparked international intrigue in the weeks since he jumped bail […]
• Payless ShoeSource makes a comeback after Chapter 11 bankruptcy January 16, 2020
  tupungato/iStock(NEW YORK) -- Payless ShoeSource is slated to make a comeback sooner than later after shuttering over 2,000 stores in North America. The popular footwear retailer known for its discount prices filed for Chapter 11 bankruptcy protection in February 2019. However, under the direction of the newly appointed executive team, new strategies are being put […]