Tag Archives: MoneyWatch

Walmart heiress’ ad promoting “No kings” protest sparks backlash against retailer

Walmart heiress Christy Walton’s advertisement in The New York Times over the weekend has led some consumers to threaten a boycott of the retailer.  The ad promoting a nationwide anti-Trump protest has prompted backlash against Walmart despite the company distancing itself from the full-page ad. “The advertisements from Christy Walton …

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President Trump touts $5 million “Trump card” on social media, says waitlist is open

President Trump’s $5 million pathway for wealthy immigrants to achieve legal U.S. residency now has a website where aspiring visa holders can join a waitlist for what he’s calling the “Trump card.”  In a social media post late Wednesday, Mr. Trump said that “thousands have been calling and asking how they can …

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Tesla stock price plunges as Trump suggests stripping Elon Musk’s companies of federal contracts

Tesla shares plunged on Thursday as an increasingly bitter spat between CEO Elon Musk and President Trump erupted in public, with Mr. Trump suggesting the federal government could strip Musk’s companies of their federal contracts.  Tesla’s stock tumbled by as much as 18% in intraday trading — the electric car …

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Student visa applicants advised to tread lightly as U.S. expands social media vetting

Counselors who work with foreign students eager to attend college in the U.S. are advising them to purge their social media accounts of posts that could attract the attention of U.S. State Department officials. “Any new student who comes on board — especially an international student who doesn’t have a …

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Toyota’s Hino unit agrees to plead guilty in $1.6 billion settlement of U.S. emissions fraud case

U.S. officials announced a $1.6 billion deal with Toyota subsidiary Hino Motors late Wednesday to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines. Hino used altered emissions test data to get approval to import and sell more than 110,000 diesel engines to the …

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Landmark $2.78 billion settlement with NCAA over student

A federal judge on Thursday probed the terms of a proposed $2.78 billion settlement of antitrust lawsuits against the NCAA and major conferences and revealed a potential snag in the deal, questioning whether payments to college athletes from booster-funded organizations should be restricted. “I’m quite concerned about those,” U.S. District …

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American Airlines pilots union warns of “significant spike” in safety

In a warning to American Airlines pilots, their union, the Allied Pilots Association (APA), says it’s seen “a significant spike in safety- and maintenance-related problems in our operation.” The union claims that among the “problematic trends” it’s been tracking are tools left in wheel wells, an increasing number of collisions …

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Pink “Barbie” cheesesteak a huge hit in central N.Y. eatery

The “Barbie” craze has helped one restaurant in central New York go viral. A pink cheesesteak is the reason. Gino’s Cheese Steak and Onion near Syracuse created what it calls the “Malibu Barbie Dream Drizzle Sauce.” House-made ranch is mixed with red dragon fruit to get its vibrant color. The …

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These seven automakers are making a national network of EV charging stations

Seven of the world’s largest automakers said Wednesday that they’re working together to build a new nationwide network of 30,000 electric vehicle charging stations, an effort to stoke already growing consumer demand for EVs. BMW, General Motors, Honda, Hyundai, Kia, Mercedes and Stellantis said the first batch of their “high-powered …

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