Business

The IRS' taxpayer advocate issued a notice that tens of millions of American taxpayers may be entitled to refunds or reduced penalties and interest due to the postponement of filing deadlines during the COVID-19 emergency declaration.The National Taxpayer Advocate said in a post on Thursday that refunds or abatements may be available to tens of millions of taxpayers for penalties and interest that were assessed by the IRS during the […]

Tech giant Meta is threatening to cut off access to its social media platforms in New Mexico as a response to the state's legal effort to compel changes to child safety protocols on the platform.Meta and the state of New Mexico are expected to proceed to the second stage of their trial next week after a jury recently issued a $375 million award to the state after finding that the […]

President Donald Trump said on Friday that the U.S. gave Spirit Airlines a final bailout proposal to aid the beleaguered carrier.Trump said, "we're driving a tough deal," and that "if we could do it, we'd do it. But only if it's a good deal. He also said an announcement would be coming soon.The budget airline most recently sought a lifeline from the U.S. government to the tune of $500 million. […]

An exclusive holiday gathering just north of San Francisco reportedly turned into a stomach-churning fiscal nightmare for California Gov. Gavin Newsom.Back in December, Newsom and Google co-founder Sergey Brin attended the same "treehouse party" hosted by crypto investor Chris Larsen. It was there, according to a Bloomberg report, that Brin broke the news that he would be leaving the state in response to a proposed wealth tax.According to the report, […]

Thermos is recalling more than 8 million food jars and bottles after a dangerous defect caused stoppers to "forcefully eject," leaving some consumers blind.The Illinois-based company's recall impacts about 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food & Beverage Bottles sold over more than 15 years, according to a Thursday notice from the Consumer Product Safety Commission (CPSC).Thermos has received 27 reports of stoppers striking users when […]

The AAA national average price for regular gas soared more than nine cents higher in one day, surging from $4.30 as of Thursday to $4.392 as of Friday.The current figure is a whopping $0.333 higher than the week-ago average price of $4.059, according to AAA. The year-ago average for regular gas was just $3.187.However, the highest recorded AAA national average regular gas price was $5.016 on June 14, 2022, which […]

Hertz is expanding beyond its traditional car rental business through a new partnership with Uber aimed at powering both autonomous robotaxi fleets and driver-led rideshare operations, signaling a broader shift in the transportation industry.Under the agreement, Hertz’s newly launched unit, Oro Mobility, will manage vehicle operations for Uber, including maintenance, charging, cleaning and logistics for autonomous vehicles. The robotaxi service – which will use Lucid vehicles equipped with Nuro self-driving technology […]

Bayer issued a recall for nearly 800,000 units of Afrin nasal spray bottles after the packaging was found to be not child resistant on Thursday.The U.S. Consumer Product Safety Commission (CPSC) announced the recall Thursday, saying any customers who purchased the product are entitled to a refund. The recall impacts 786,100 units of the 6ml travel-size Afrin nasal spray."This recall involves unexpired Travel Size Afrin® Original Nasal Spray 6 mL […]

President Donald Trump says the U.S. has brought in $30 billion in funds generated from federal stock holdings in Intel over the past 90 days alone.Trump made the announcement on Thursday, highlighting that he authorized the U.S. government to invest in the semiconductor manufacturing company. Trump revealed in August of last year that Intel had agreed to the federal government acquiring a 10% stake in the company."Intel Stock continues to […]