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business news

Birkenstock IPO filing warns of knock-offs on Facebook

by Claribel Alegria
Birkenstock IPO filing warns of knock-offs on Facebook

Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic sandal maker founded in …

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Durian demand has soared 400%, fueled by China’s ‘craze’ for the fruit

by Betti Alver
Durian demand has soared 400%, fueled by China’s ‘craze’ for the fruit

Different varieties of durian fruits on display at a durian stall in Petaling Jaya, Selangor, Malaysia,. Bloomberg | Bloomberg | Getty Images Some say it’s sticky-sweet, others say it smells …

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Travelers must pay to visit during the day

by Betti Alver
Travelers must pay to visit during the day

Many travelers are accustomed to nightly tourism taxes tacked on to their hotel bills. But daytime taxes are a new ask. Venice’s city council on Tuesday approved a long-awaited regulation …

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Amazon says it’s boosting pay for contract delivery drivers

by Claribel Alegria
Amazon says it’s boosting pay for contract delivery drivers

An Amazon driver loads packages into a delivery van at an Amazon delivery station in Alpharetta, Georgia, Nov. 28, 2022. Justin Sullivan | Getty Images Amazon said it plans to …

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What hapened the first day of the anti-monopoly trial

by Claribel Alegria
What hapened the first day of the anti-monopoly trial

Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the Department of Justice, arrives at federal court on September 12, 2023 in Washington, DC. Kevin Dietsch | Getty Images …

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Child poverty surged after stimulus checks, tax credits ended

by Peter Abrahams
Child poverty surged after stimulus checks, tax credits ended

Children ages 3 to 5 participate at the Head Start classroom in the Carl and Norma Miller Children’s Center in Frederick, Maryland, March 13, 2023. Maansi Srivastava | The Washington …

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Hands-on iPhone 15 Pro: Lighter with USB-C

by Claribel Alegria
Hands-on iPhone 15 Pro: Lighter with USB-C

Where media and analysts could hold and try out the iPhone 15 on Tuesday after it was announced. CNBC/Kif Leswing Apple announced its new iPhones for 2023 on Tuesday at …

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Ripple says it will fight the SEC lawsuit ‘all the way through’

by Betti Alver
Ripple says it will fight the SEC lawsuit ‘all the way through’

In 2020, the U.S. SEC accused Ripple and its co-founders of breaching securities laws by selling its native cryptocurrency XRP without first registering it with the SEC. Jakub Porzycki | …

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Judge withdraws from Medicare drug price case after stock ownership is revealed

by James Agee
Judge withdraws from Medicare drug price case after stock ownership is revealed

Ohio Governor Mike DeWine, right, shakes hands with Judge Thomas Rose of the U.S. District Court Southern District of Ohio after taking his oath of office, Monday, Jan. 14, 2019, …

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Thai hospitality magnate is optimistic about Thai’s tourism recovery

by Leila Aboulela
Thai hospitality magnate is optimistic about Thai’s tourism recovery

Tourist sitting on a swing at a beach in Thailand. © Marco Bottigelli | Moment | Getty Images Thailand’s tourism recovery is poised for recovery as diplomatic relations with Saudi …

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