Business News

  • Lyft hopes for big boost from upcoming IPO
    Lyft(SAN FRANCISCO) -- Uber’s top competition is hoping to get a big lift when its stocks hit the trading floor for the first time.Lyft has set its value at up to $23 billion as it gears up for its initial public offering, which could come as early as next week.On ... read more
    BusinessMarch 18, 2019
  • Meet the couple who created mobile showers for the homeless community
    Revive + Refresh(HONOLULU) -- This couple is helping people within Honolulu's homeless community "feel like humans again" with their mobile shower service.Craig Shoji and his wife Danica have provided showers for more than 250 people through their company Revive + Refresh.In June 2015, when they visited an underprivileged community in ... read more
    BusinessMarch 18, 2019
  • Powerball grows to $550 million as jackpot goes unclaimed again
    iStock(NEW YORK) -- The largest Powerball jackpot so far this year keeps climbing.There was no winner again on Saturday, so the jackpot for March 20 has crossed the half billion mark and risen to $550 million.The winning numbers for the $495 million jackpot on Saturday night were 30, 34, 39, ... read more
    BusinessMarch 16, 2019
  • Louisiana attempting to recoup $26M in accidental tax refunds
    iStock(BATON ROUGE, La.) -- A number of Louisiana residents unhappy with their tax return are about to get even more mad.The state announced that a computer error earlier this week accidentally gave some people double the refund they expected. And no, they will not get to keep it.Louisiana officials have ... read more
    BusinessMarch 16, 2019
  • USPS to release ‘Sesame Street’ stamps in honor of show’s 50th anniversary
    USPS(WASHINGTON) -- Sunny days, sweeping the clouds away, on their way to...the United States Post Service!The federal agency revealed this week that 16 iconic "Sesame Street" Muppets will be joining the ranks of new stamps being released in 2019. In a press release, USPS said the show is "one of ... read more
    BusinessMarch 15, 2019
  • Facebook offers ways to fight revenge porn, including sending nude photos to the company first
    iStock(NEW YORK) -- Facebook announced new steps to fight revenge porn on its platforms on Friday, including the option to "provide a photo proactively to Facebook," so that it does not get shared more widely.The company outlined multipronged strategies to deal with non-consensual pornographic content, and flag it before intimate ... read more
    BusinessMarch 15, 2019
  • How this couple turned their love of DIY into their side hustle
    Jaruwan Jaiyangyuen/iStock(NEW YORK) -- Kevin and Ashley McAlpin turned their love of do-it-yourself (DIY) projects into their own side hustle.The Knoxville, Tennessee, couple launched their own business, McAlpin Creative, that sells DIY tray and sign kits, in December. The company was born after Ashley, 28, gave birth to the couple’s ... read more
    BusinessMarch 15, 2019
  • Hallmark Channel drops actress Lori Loughlin amid college cheating scandal
    Phillip Faraone/WireImage/Getty Images(NEW YORK) -- The massive college admissions scam that snared 50 people in a federal indictment now appears to have cost one of the two famous actresses a major contract.Lori Loughlin, known to many as Aunt Becky from the television show "Full House," was dropped from the Hallmark ... read more
    BusinessMarch 14, 2019
  • Jury awards $29 million to California woman who claimed Johnson & Johnson baby powder caused cancer
    Justin Sullivan/Getty Images(OAKLAND, Calif.) -- A California jury awarded $29 million on Wednesday to a woman who sued Johnson & Johnson, claiming that asbestos in its talcum-based baby powder caused her cancer.An Alameda County jury in Oakland, California, held Johnson & Johnson responsible for Teresa Leavitt’s mesothelioma — a cancer ... read more
    BusinessMarch 14, 2019
  • Norwegian Cruise Line is giving free cruises to teachers this spring
    Tramino/iStock(NEW YORK) -- Everyone has that one teacher who made school feel filled with joy. Norwegian Cruise Line wants to celebrate those incredible teachers with a free cruise. "Joy" is the theme for a good reason: the cruise line will debut the Norwegian Joy in North America in May 2019.NCL ... read more
    BusinessMarch 14, 2019