Business News

With the COVID-19 public health emergency set to expire on May 11, time is running out for consumers to get free vaccines, at-home rapid test kits and some treatments. This month, the White House announced that many of the policies designed to combat the spread of COVID-19 will be ending at the start of summer. After that, the price and overall future of COVID-19 tests, vaccines...

On Wednesday, Uber reported an all-time quarterly high for the final three months of last year. According to CNN, Uber’s revenue for the quarter was up 49% year over year at $8.6 billion. As the tech sector suffered, Uber appears to have come out on top with 2.1 billion trips during the quarter which represents an average of about 23 million trips a day, per CNN. The tech...

AMC Theatres announced on Monday that its ticket prices will now depend on where patrons choose to sit in the auditorium. According to a press release put out by the company, the new method of pricing is called “Sightline at AMC” and provides moviegoers with ticket prices based on their seat’s sightline. Sightline at AMC will include three sections with seats in Value Sightline, Standard Sightline and...

This year, Americans are embracing Valentine’s Day and are ready to shell out some cash for the ones they love, according to a survey from the National Retail Federation (NRF). The National Retail Federation is estimating consumers spend $25.9 billion this year for Valentine’s Day, up from $23.9 billion in 2022. This will be the second-highest spending year on record since the NRF began tracking in...

On Monday, news broke that the 97-year-old tabloid, National Enquirer, would be sold to a joint venture after seeking a buyer for years. The Enquirer’s parent company, A360 Media, offloaded the tabloid along with other brands the National Examiner, the Globe and the National Enquirer UK to VVIP Ventures, a joint venture made up of Vinco Ventures and Icon Publishing for an undisclosed price. The National Enquirer...

In a recent meeting, Whole Foods requested suppliers lower prices on packaged foods. Over the past year, inflation has caused the price of groceries to skyrocket, making shopping a financial pain for buyers. According to a recording of a meeting between Whole Foods and its suppliers viewed by The Wall Street Journal, the grocer requested that suppliers lower the costs of products so, in return, it...

Guidelines for Netflix’s password-sharing crackdown went live last week, and streamers were angry. The company is claiming that the rules only apply to users in Chile, Costa Rica and Peru and that users in other countries saw them by mistake. A spokesperson from Netflix told The Streamable, “For a brief time yesterday, a help center article containing information that is only applicable to Chile, Costa Rica, and...

Last week, the canned meat company, Conagra Brands, recalled over 2.5 million pounds of canned meat and poultry due to a packaging defect that may cause contamination. The problem was reported after someone in an Iowa Conagra location notified the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) of leaking and spoiled cans with multiple production dates in a warehouse, according to the agency’s...

Subway had two record-setting years and has no plans of slowing down. Subway does not usually release quarterly earnings as a privately held company, but CNN reported, “Sales at its North America stores open at least a year rose 7.8% last year compared to 2021, which Subway said exceeded its projections by more than $700 million (it didn’t reveal specific numbers).” Subway CEO, John Chidsey, told CNN,...

On Wednesday, the FTC alleged that the digital health service, GoodRx, repeatedly shared consumer health data with Google, Facebook and other advertising platforms without its users’ knowledge or consent. The FTC is hitting GoodRx with a $1.5 million civil penalty for “violating the agency’s Health Breach Notification rule,” CNBC reported. The complaint claims in one case, GoodRx created campaigns catered to users based on their health information...