Business

Hoping to steal a slice of Santa’s spotlight?

WASHINGTON – The Trump administration said Saturday it will waive an $11 million fine imposed on Southwest Airlines as part of a $140 million settlement over the carrier’s meltdown in December 2022 during a busy holiday travel period.

Shein, the online fast-fashion retailer, said the French government was overreaching in its attempt to suspend the platform by capitalizing on a political furor over sales of a childlike sex doll and weapons.

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.

Once upon a time in America, Schwinn and bicycles were synonymous, and Chicago was the center of the two-wheeled, pedal-powered universe.

Netflix has prevailed in its bid to buy Warner Bros., agreeing to pay $72 billion for the Burbank-based Warner Bros. film and television studios, HBO Max and HBO.

Broad River Retail announced on Thursday that it plans to open a new Ashley Store in Moscow next year. That event follows the expected opening later this month of the company's largest store in the former Macy's building in NorthTown Mall.

Amazon is paying a more than $3.7 million settlement after the Seattle Office of Labor Standards investigated allegations that the company's Flex business violated the city's protection law for gig and app-based workers.

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing people familiar with the discussions.

What will happen in the housing market next year? Here are some best guesses from industry participants on many of the things that matter most – rates, prices, and sales – as well as some fun extras (spa bathroom, anyone?)

Sometime early next year, the Snow & Co. boatyard in Seattle’s Fremont neighborhood will roll out its 180th boat. It’s a major milestone for a family-owned company that only started building boats in 2012 — and an exception in an industry better known for closures and consolidation.

Solar panels have become a “hindrance” for some luxury home sellers and potential buyers in Las Vegas, according to some real estate agents.

Thai Bamboo is not closing, but the owners of the 25-year-old franchise of three restaurants are looking to sell to a buyer who, ideally, would keep the name, employees and menu.

Paramount is raising the stakes in its bid for Warner Bros. Discovery, upping its offer for the assets with backing from Middle Eastern sovereign wealth funds, including Saudi Arabia, while rival Comcast has proposed creating a new entertainment entity.

If two-day or even same-day delivery is too slow for you, a new feature from Amazon might have you covered. The Seattle-based e-commerce giant on Monday launched Amazon Now, a delivery offering with a promise to deliver groceries and other household items in 30 minutes or less. 

U.S. companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market.

If you are planning to send someone a gift this holiday season via the U.S. Postal Service, UPS, or FedEx, it might be a good idea to plan.

If shoppers aren't careful this holiday gift-giving season, they could get hit with unexpected charges on merchandise and festive favorites from overseas. "Unfortunately, a lot of U.S. consumers are going to be in for a surprise, especially if they haven't ordered something online in a while," said Jason Miller, a professor of supply chain management at Michigan State University. "They may be ...