Business

The Supreme Court has denied Verizon’s request for rehearing in its fight over a $46.9 million Federal Communications Commission penalty tied to the telecom giant’s former customer location data program.The justices denied the petition Monday without explanation, leaving the court’s earlier judgment against Verizon in place, according to the court’s Aug. 17 order list.The denial closes off Verizon’s effort to alter the disposition of a June Supreme Court ruling that […]

Mark Walter, who already sold his majority stake in the Los Angeles Lakers just one year after purchasing the NBA team, might be selling off yet another sports asset. Walter and business partner Todd Boehly are reportedly looking to sell their stakes in Chelsea Football Club of the English Premier League, according to the Financial Times.Walter and Boehly are hoping to sell their stakes to Clearlake Capital, the majority owner of […]

ChatGPT-maker OpenAI on Tuesday announced that it's creating a new portal for teenagers between the ages of 13 and 17 as it looks to address concerns about online safety for young people.The company made the announcement exclusively on-air with Fox News' "Fox & Friends" on Tuesday morning and outlined how the platform looks to address the potential for the misuse of the platform by children.The ChatGPT for Teens portal will […]

Buc-ee’s planted its flag in Arkansas on Monday, opening its first location in the Natural State as the Texas-based travel center chain continues an aggressive expansion across the U.S.The new Buc-ee’s in Benton opened its doors at 6 a.m. CT and spans 74,000 square feet, with 120 fueling positions. The company said the sprawling travel center will create more than 200 jobs.The Arkansas debut brings Buc-ee’s to 58 locations nationwide, […]

Ferrari’s first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California.The 2026 Ferrari Luce "Tailor Made," identified as "Chassis 0," is the first production chassis from the Italian luxury automaker’s new electric vehicle program, according to RM Sotheby’s.The one-of-a-kind Ferrari was sold during RM Sotheby’s Monterey auction, with all proceeds benefiting educational initiatives through the Ferrari Foundation, a 501(c)(3) public charity. The buyer’s premium was […]

While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story.Key executives behind major residential skyscrapers in Manhattan and Miami argue South Florida is playing long-overdue catch-up after decades of underpriced real estate, while still offering buyers significantly more long-term value."Miami has earned a seat as one of the greatest cities in the […]

Granola marketed to breastfeeding mothers and sold nationwide is being recalled over concerns that it may be contaminated with salmonella.The Hampton Grocer, Inc., a New York-based company, is recalling certain 8-ounce packages of its Lacnola Lactation Granola after an ingredient used in the product was linked to a positive salmonella test, according to a company announcement posted Aug. 14 by the U.S. Food and Drug Administration (FDA).The granola was sold […]

Relief from high beef prices may depend on something that can’t be fixed overnight: rebuilding America’s shrinking cattle herd.America’s ranchers are facing their smallest cattle herd in 75 years, a shortage now rippling from pastures to some of the nation’s largest meatpackers.Tyson Foods announced last week that it will close beef facilities in Illinois and Utah and pursue the sale of another in Washington as it reshapes its beef business […]

Safeway is closing additional stores as parent company Albertsons Companies reassesses its retail footprint following the collapse of its proposed $24.6 billion merger with Kroger.Albertsons told USA Today that the company had slowed its potential "portfolio optimization" efforts while the Kroger transaction was pending, then resumed evaluating its store network after the deal fell apart. That process has included opening stores in areas where the company sees long-term demand while […]