Business News

Sam Bankman-Fried, co-founder of the cryptocurrency company, FTX, got four additional criminal charges added to his already lengthy list on Thursday. He was charged in a superseding indictment in a New York federal court. And according to CNBC, a source familiar with the new charges says an additional 40 years could be added to Bankman-Fried’s sentence, if convicted. The new filing digs deeper into the alleged criminal...

You might have seen a commercial during the Super Bowl that encouraged you to “shop like a billionaire.” That was Temu. Temu is a Boston-based online retailer that shares the same owner as Pinduoduo, a Chinese e-commerce giant. Temu launched its online shopping site on Thursday and the corresponding app quickly became #1 in the app store. Temu offers a wide variety of products including apparel, pet...

Goya Foods is stepping up and providing people in the East Palestine community and those in the surrounding areas with food and critical supplies after a toxic train derailment. According to a press release put out by the company on Monday, Goya will be offering East Palestine residents food and beverage options that do not require tap water for preparation. Something, it claims, no one else...

Starbucks is introducing a new line of beverages made with extra virgin olive oil. The name of the line is “Starbucks Oleato,” which means “oiled” in Italian, and will be available at Starbucks locations in Italy starting this week. According to Yahoo Finance, “The new line of coffee drinks is made with Starbucks' arabica coffee and is infused with a spoonful of Partanna cold pressed, extra-virgin...

Home Depot announced on Tuesday that it will be spending an additional $1 billion this year to increase the pay of hourly workers. The new average age has not been disclosed, but the company’s starting wage for every market is at least $15 an hour. The pay increase will be seen this month in the hourly workers’ paychecks, according to CNBC. Home Depot is following suit from...

Last week, The LEGO Group said it plans to relaunch the LEGO Friends product to focus on diversity and inclusivity at an invitation-only media event in New York City. New building sets and streamable content will bring an “inclusive world of “authentic, interesting and passionate characters" with complexities like anxiety, limb difference, Down Syndrome, and other forms of visible and non-visible representation to better reflect real kids’...

Hamdi Ulukaya, CEO of the popular yogurt company, Chobani, has promised to donate a total of $1 million to support relief efforts in Turkey and Syria after catastrophic twin earthquakes devastated the countries last week. As of Friday, the death toll had exceeded 40,000. Ulukaya, a Turkish immigrant, initially stepped up with a $1 million donation. And according to Yahoo Finance, “Ulukaya requested others join him...

Sales for the last remaining Blockbuster, located in Bend, Oregon, have been boosted 200% after releasing a Super Bowl-like ad on social media. Blockbusters have been around since 1985, but since streaming services like Netflix and Hulu took over, the movie rental company has pretty much become extinct. Except for one location. Blockbuster manager, Sandi Harding, explained the ad to “Fox & Friends” last week. The decision...

Delivery workers in New York City are finally catching a break. Chick-fil-A opened a storefront on the Upper East Side on Thursday that will operate through April 13 creating a place where workers who deliver for apps like DoorDash, UberEats or GrubHub can take a break. According to CNN there are more than 65,000 delivery workers in New York. And since the pandemic, when people started to...

YouTube CEO, Susan Wojcicki, announced on Thursday that she would be stepping down after leading the world’s largest video site for the last nine years. Chief product officer, Neal Mohan, will replace her. In a letter to the company’s employees, Wojcicki said, “Today, after nearly 25 years here, I’ve decided to step back from my role as the head of YouTube and start a new chapter...