Business

Small businesses lost over 100,000 jobs in November amid economic uncertainty, the latest ADP private sector payrolls report showed.ADP's November employment report revealed that private sector firms cut 32,000 jobs in November overall. The decline was led by small businesses, which lost 120,000 jobs in November, while medium businesses (defined as between 50 and 499 employees) added 51,000 jobs and large establishments added 39,000 jobs to offset some of the monthly […]

Los Angeles' famous Stahl House has hit the market for the first time, carrying an eye-watering price tag of $25 million.The 2,200-square-foot home — also known as Case Study House No. 22 — is an iconic symbol of mid-century modern architecture. It has remained in the Stahl family since 1959, when Buck and Carlotta Stahl commissioned architect Pierre Koenig to build it on a hillside lot in Hollywood Hills, according […]

Ritz Peanut Butter Cracker Sandwiches were recalled in eight U.S. states after a labeling mix-up that could trigger severe allergic reactions in people with peanut allergies.The Food and Drug Administration (FDA) said the 70 affected cases were shipped to retailers in New York, New Jersey, Pennsylvania, Georgia, Arkansas, Missouri, Oklahoma and Alabama.The move follows a similar recall in July, though the FDA said this latest action is not an expansion […]

Palantir CEO Alex Karp on Wednesday argued that Americans have lost trust in major institutions because powerful executives routinely avoid consequences for their failures, saying "poor people" are "the only people who pay the price for being wrong in this culture."Speaking at The New York Times' annual DealBook Summit during a discussion about whether the federal government should take equity stakes in strategically important companies, Karp accused major corporations of […]

The state of Hawaii filed a lawsuit Wednesday against ByteDance Inc., alleging the TikTok parent company built the platform to be dangerously addictive for young users and misled the public about the harms it poses.A 106-page complaint, filed in Hawaii's First Circuit, claims TikTok’s business model is built on compulsive use, with programmers structuring the platform to keep its more than 150 million U.S. users engaged for as long as […]

The Trump administration has urged the U.S. Supreme Court to hear Bayer's case aimed at stopping thousands of cancer lawsuits over its Roundup weedkiller. Bayer CEO Bill Anderson joined "The Claman Countdown" and said the government’s support could make the difference in the case. "This is a really important topic for farmers, for American consumers and, frankly, for food security in America," Anderson said Wednesday during an exclusive interview with Liz Claman. Bayer, […]

Fanatics, the leading global sports platform, is entering a rapidly growing sector filled with demand — prediction markets.Fanatics Markets, a simply, user-friendly prediction market platform, was announced on Wednesday. It will allow consumers to trade on moments shaping sports, finance and culture.While Fanatics is one of the major players in the sports betting space, a prediction market is an entirely different space given the vast sectors people can choose to […]

Agriculture Secretary Brooke Rollins on Tuesday threatened to withhold SNAP funding from states that don't provide the government with data about the immigration status of recipients.Rollins said during a Cabinet meeting that the Trump administration's request from February is intended to root out fraud in SNAP benefits, also known as food stamps, to protect benefits for those who need them and also ensure taxpayer dollars aren't wasted.She said that 29 Republican-led […]

Rep. Anna Paulina Luna, R-Fla., filed a discharge petition on Tuesday in a bid to force a vote on a proposal to ban lawmakers, their spouses and dependent children from owning and trading individual stocks."Today WE introduced the bipartisan legislation that will ban members of Congress from being able to partake in the insider trading cartel happening here in the House of Representatives. We had to do it via discharge […]