Daily Flash

Half Mag / Half Zine

Senator Warren slams Disney for layoffs, executives’ salaries

U.S. Senator Elizabeth Warren slammed Walt Disney Co’s move to lay off 28,000 workers while making shareholder payouts in the years leading up to the COVID-19 pandemic, demanding more information

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Walmart, Best Buy extend Black Friday deals as spending habits change

Eager to capture any holiday-related spending as early as possible this year, Walmart Inc WMT.N, ASOS ASOS.L, Best Buy BBY.N and other major retailers are turning Black Friday into a

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Ships wait to unload at Port of Los Angeles as imports boom

Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation’s busiest

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High costs haunt Wells Fargo results years after scandal

Wells Fargo & Co’s WFC.N profit plunged 57% in the third quarter, missing Wall Street’s expectations as persistent costs tied to its years-old sales practices scandal continued to haunt the

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Pilgrim’s Pride strikes plea deal over U.S. chicken price-fixing charges

U.S. poultry company Pilgrim’s Pride Corp PPC.O said on Wednesday it will pay a $110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on

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ECB policymakers set out wish list for strategic rethink

Five European Central Bank policymakers, including President Christine Lagarde, floated proposals on Wednesday for changing how the ECB goes about the business of steering price growth in the euro zone.

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EU antitrust regulators may narrow Amazon investigation

EU antitrust regulators may narrow the scope of their year-long investigation into Amazon to speed up the case against the U.S. online retail giant, people familiar with the matter said.

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