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Investors sue Lyft following slide in IPO value

Plaintiffs say the company overstated its market value and didn’t disclose details of an e-bike recall

On a day when Lyft is blogging about “butt math,” the company should probably be paying attention to the math it used in pitching its initial price offerin...


Gas prices are still rising, but at a slower pace

The exception is California where motorists are paying more than $4 a gallon

The price of gasoline has not stopped going up, but at least it’s not going up as fast.The AAA Fuel Gauge Survey shows the average price of regular has...


BMW expands recall of vehicles with PCV issue

The heater for the positive crankcase ventilation (PCV) valve may short circuit.

BMW of North America is recalling 184,505 model year 2006 525i, 525xi, 530i, 530xi, 530xi Sports Wagon, 325i, 325xi, 325xi Sports Wagon, 330i, 330xi, Z4 3....


Lime working on drunk driving detection feature

The e-scooter firm says it’s developed sensors that can detect irregular driving

In an interview with the Verge, Lime co-founder and executive chairman Brad Bao said the company’s scooters may soon be able to keep inebriated riders safe...


MTD recalls lawn mowers

Sharp objects can pierce through the lawn mower’s collecting bag

MTD Products of Cleveland, Ohio, is recalling about 5,000 Craftsman M350 walk-behind lawn mowers.Sharp objects can pierce through the mower’s collectin...


Airports increasingly look to become kid-friendly

From lifesize dinosaurs to replicas of control towers, today’s post-security world offers kids a wow-inducing world of fun

Every traveler knows the hoops they have to jump through these days when making it through the maze at an airport. That task can become even more perplexin...


The T-Mobile-Sprint merger may be in trouble

A published report says the Justice Department staff is leaning against it

A published report is casting new doubt on the proposed merger of Sprint and T-Mobile, a union that already faces opposition from some consumer groups and...


Twitter CEO suggests major changes to the platform

Jack Dorsey wants to shift focus to ‘topics of interests’ rather than individual accounts

In a TED talk this week, Twitter CEO Jack Dorsey suggested changing the way Twitter works in a big way. The executive, who has faced criticism over the...


Apple and Qualcomm end patent royalty dispute

The companies have reached a six-year agreement under which Apple will pay unspecified royalties on Qualcomm patents

Apple and Qualcomm on Tuesday reached an agreement that puts an end to their two-year-long patent royalty dispute. The settlement calls for Apple to once a...


JBS Plainwell recalls ground beef

The products may be contaminated with extraneous materials

JBS Plainwell of Plainwell, Mich., is recalling approximately 43,292 pounds of ground beef.The products may be contaminated with extraneous materials -...


Measles cases accelerating across the U.S.

Health officials attribute the surge to more international travel and lower vaccination rates

Cases of measles have risen to their second-highest level since the virus was declared eliminated in 2000, the Centers for Disease Control and Prevention (...


Lyft installs new safety features to protect consumers’ lives

The ridesharing service’s new commitment tightens the verification of driver identity as well as driving and criminal records

In the aftermath of a University of South Carolina (USC) student killed when she mistook another car for her Uber ride, fellow ridesharing service Lyft has...


Caito Foods recalls fresh cut melons

The products may be contaminated with Salmonella Carrau

Caito Foods of Indianapolis, Ind., is recalling fresh cut watermelon, fresh cut honeydew melon, fresh cut cantaloupe and fresh cut mixed fruit containing o...


Lyft pulls 3,000 e-bikes over braking issue

The company said some riders experienced ‘stronger than expected braking force on the front wheel’

Lyft has removed several thousand of its electric bicycles in New York, Washington DC, and the San Francisco Bay area due to a braking issue experienced by...


Acura MDXs and MDX Sport Hybrids recalled

The tailgate lid lights and the taillights may not function

American Honda Motor Co., is recalling 322,897 model year 2014-2019 Acura MDXs and model year 2017-2019 Acura MDX Sport Hybrids.Moisture may enter the...


Bed Bath & Beyond to close 40 stores this year

Investors say the company’s management team isn’t doing enough to accelerate growth and boost profits

During an earnings call with analysts this week, Bed Bath & Beyond revealed that it will be closing 40 stores in 2019 and opening 15 new ones, according to...


Uber releases IPO prospectus

In its pitch to investors, Uber said it may never be profitable

Two weeks after Lyft made its stock market debut, Uber released its initial public offering filing. The company said in the document released Thursday that...


Pregnancy app-maker Ovia Health is selling data to employers

Ovia Health has a suite of apps to help women keep tabs on their own fertility cycles. Employers are also getting a peek

The company behind apps targeted to women who are pregnant or hoping to become so is selling data to employers, a new report by the Washington Post reveals...


Heavy gasoline demand drives prices higher

The average price jumped 9 cents a gallon in the last week

Gasoline demand has been rising so far this spring -- and it shot up to summer-like level last week, pushing prices at the pump higher.The AAA Fuel Gau...


Yoakum Packing recalls venison sausage

The product contains pork products not listed on the label

Yoakum Packing of Yoakum, Texas, is recalling approximately 12,388 pounds of smoked venison sausage.The product contains pork, which is not listed on t...


Congress raises the curtain on Medicare for All

The plan includes better coverage for the consumer and smaller profits for healthcare providers and drug companies

Wednesday was a big day for Medicare legislation on Capitol Hill.There were three separate bills to amend parts of the Social Security Act that relate...


Toyota recalls Lexus ES vehicles

The driver knee airbag may not be fastened properly to the instrument panel

Toyota is recalling approximately 560 model 2019 Model Year Lexus ES vehicles in the U.S.The driver knee airbag may have not been fastened properly to...


House passes changes to IRS tax-filing system

Despite bipartisan support, the measure is not without controversy

Democrats and Republicans in Congress find little they can agree on these days, but a bill to modernize federal income tax filing passed easily in the Hous...


Amazon planning to accept cash at Go stores

Lawmakers have argued that cashless stores are discriminatory towards low-income consumers and the unbanked

Amazon has revealed that it plans to add cash as a payment option at its Go stores. The decision comes amid pushback from several cities and states over th...


Walmart to increase reliance on ‘automated assistants’

Robots will take care of the ‘more mundane and repetitive tasks,’ which will give associates more time to spend with customers

Walmart announced plans today to expand its reliance on in-store technology -- such as floor-scrubbing robots, so-called “Fast Unloaders,” and new Pickup T...


Chinese-language phone scams return in full force

The U.S. government reminds consumers that they don’t make personal calls and they don’t ask for secrecy

Both the Federal Communications Commission (FCC) and the Federal Bureau of Investigation (FBI) are warning consumers about the reemergence of the Chinese e...


Twitter unveils rule change designed to stop spam

The platform has drastically reduced the number of accounts users can follow per day

In its latest move to crack down on spam and bot accounts, Twitter has announced that it’s capping the number of accounts users can follow per day at 400....


Bank of America announces minimum wage bump

The company’s minimum wage will raise incrementally over the next few years, hitting $20 per hour by 2021

Bank of America, which recently earned a spot on LinkedIn’s annual Top Companies list, has announced that it will be raising its minimum hourly wage to $20...


Suzuki recalls Kizashis and Grand Vitaras

The front passenger leather seat may shrink due to high humidity and high temperature

Suzuki Motor of America is recalling 31,302 model year 2010-2013 Kizashis and model year 2006-2013 Grand Vitaras.The front passenger leather seat may s...


Tesla and Chrysler team up in Europe

FCA is using its Tesla association to lower emissions and avoid hefty fines

Fiat Chrysler (FCA) is apparently paying millions of dollars to Tesla for the privilege of selling its cars in Europe under Tesla’s marketing umbrella....


Netflix drops AirPlay support

The streaming giant says it no longer supports the feature due to ‘technical limitations’

Without warning, Netflix quietly dropped support for Apple’s AirPlay streaming feature on iPhone, iPad, and iPod touch. In a statement on one of its suppor...


LinkedIn releases Top Companies of 2019 List

Alphabet, Facebook, and Amazon topped the list for the third year in a row

Job listings website LinkedIn has released its fourth-annual Top Companies List, which ranks the 50 companies job seekers are most interested in working fo...


Flu vaccine could be impacted by food additive

Consumers could be at risk of getting the flu even after vaccination

Flu season is tough for many consumers, and as effective as the vaccine has become in recent years, a recent study revealed that some people might still be...


Sugar doesn’t boost mood, study finds

Researchers suggest that getting a sugar rush is a myth

While it’s not uncommon for many consumers to reach for a sugary drink or piece of candy for an extra jolt, a new study found that feeling a boost from sug...


Robocalls hit an all-time high in March

The FTC brings new attention to small businesses getting bombarded by service and charity scams

Received a robocall lately? Odds are you did. Americans endured a new high water mark of  5.23 billion robocalls in March, according to data from the free...


Economy adds 196,000 jobs in March

But employers handed out fewer pay raises

The Labor Department reports there were 196,000 new jobs filled in March, easing fears that the economy may be slowing. But employers handed out fewer pay...


Sears to open three small-format stores

The first stores will open Memorial Day weekend

Sears, which narrowly avoided bankruptcy after chairman Eddie Lampert’s $5.2 billion bid to save the chain was approved, is set to open three “Sears Home &...


NadaMoo! recalls strawberry cheesecake

The product contains almonds, an allergen not declared on the label

NadaMoo! is recalling approximately 26,000 pints of Strawberry Cheesecake Non-Dairy Frozen Dessert.The product contains almonds, an allergen not declar...


New fraud prevention report sounds alarm for taxpayers

To guard against identity theft, consumers need to consider a lot of moving parts and information

Tax filing day is less than two weeks away, and another red flag has been raised about the importance of consumers keeping their personal data away from pr...


Google releases annual Android security report

The number of ‘potentially harmful applications’ downloaded from Google Play has risen since 2017

In its fifth annual Android security and privacy report, Google said there has been an increase in “potentially harmful applications” (PHAs) since 2017. Ho...


Model year 2019 Ram 1500s recalled

The auxiliary battery wire terminal connection may overheat

Chrysler (FCA US LLC) is recalling 33 model year 2019 Ram 1500s equipped with a 48v auxiliary battery system located behind the rear seat (sales code: XBZ)...


New York bans single-use plastic bags

The state’s plastic bag ban will go into effect next March

Under new legislation passed in the New York state budget, single-use plastic bags will be banned statewide starting March 1, 2020.The plan gives indiv...


Hyundai recalls model year 2013 Velosters

Excessive cylinder pressure may damage the engineExcessive cylinder pressure may damage the engine

Hyundai Motor America is recalling 16,487 model year 2013 Velosters equipped with 1.6 liter turbo engines.The engine management software may cause prem...


Mark Zuckerberg says social media needs regulation

The executive is calling for a more active role by private companies and public institutions

Facebook CEO Mark Zuckerberg says social media platforms, as well as the internet in general, need to have more oversight and perhaps some government regul...