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Business
Major firearms distributor serving thousands of retailers across multiple countries files for bankruptcy
A major distributor in the gun and outdoor sporting goods industry has filed for bankruptcy. Big Rock Sports, LLC, a key supplier serving tens of thousands of retailers across…
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Senate Banking chair says Powell didn’t commit crime in testimony
Senate Banking Committee Chair Tim Scott said Wednesday that he doesn't think Federal Reserve Chair Jerome Powell committed a crime during his testimony last summer about the…
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Amazon’s Ring expands AI-powered network to help locate lost dogs
Amazon’s Ring is rolling out an AI-powered feature designed to help locate missing dogs by scanning footage from neighborhood security cameras – and it’s now available…
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Nike’s diversity initiatives under EEOC scrutiny for alleged discrimination against White workers
The federal agency that enforces U.S. workplace discrimination laws said Wednesday it is investigating Nike over allegations that its diversity initiatives unlawfully…
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Restored Social Security benefits could get tax break under new bill
A newly introduced bill would prevent some public sector retirees from being hit with a tax bill after they were made eligible for Social Security benefits last year. The…
First Brands founder Patrick James pleads not guilty in company’s collapse
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.First Brands Group founder Patrick James and his brother…