Fort Worth man offered $200M to buy Virgin Orbit. He had less than $1 in his bank account, SEC claims

The SEC claims the North Texas man actually had less than $1 in his bank account when he made the offer, falsely claimed he had an SMU law degree and lied about having investments "in over 13 space companies."

Iconic American companies that aren't in America anymore

Tupperware announced this month that it's shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico -- the latest iconic brand to relocate its manufacturing plants or headquarters.

Iconic American brand closing its last remaining US factory

The iconic American brand is closing its last remaining manufacturing plant in the South Carolina this fall, which will result in more than 100 employees losing their jobs.

Elon Musk’s $44.9B pay package restored after Tesla shareholder vote

Tesla shareholders have voted to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year.

U.S. economy adds 272,000 jobs in May, but unemployment rate rises to 4%

The latest reports show companies hiring more people in May than anticipated, despite continuing inflation and high interest rates. While the economy is still growing, there are ongoing concerns.

Costco to stop selling books year-round: report

Costco will stop selling books regularly from January through August due to added stocking costs, only selling them regularly during the holiday season, reports say.

TJ Maxx, Marshalls parent equipping employees with body cameras to stop theft

TJX Companies, the parent of TJ Maxx, Marshalls, and HomeGoods, has equipped loss prevention associates with body cameras over the past year to deter theft, de-escalate incidents, and enhance store safety, with footage shared only with law enforcement or by subpoena.

Flavor Flav orders every Red Lobster menu item to support seafood chain

Amid news of Red Lobster’s bankruptcy, Flavor Flav ordered everything off the menu to support the chain and save its famous cheddar biscuits.

Dollar Tree exploring sale of Family Dollar brand

Discount store company Dollar Tree announced Wednesday it is exploring a potential sale of its struggling Family Dollar brand and has retained JPMorgan Chase to lead a review of the business.

CEOs got big raises last year; workers didn't

The typical compensation package for S&P 500 chief executives surged nearly 13% last year to a median of $16.3 million, significantly outpacing the 4.1% rise in private-sector worker wages, highlighting the widening pay gap amid rising inflation and financial pressure on American households.

Spotify raising US prices for premium plans, again

The Sweden-based audio streaming giant announced Monday it is raising prices for its premium plans in the U.S. once again, after increasing subscription fees nearly a year ago.

Social Security has a 'billionaire problem,' advocate warns

Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.