Business

National

Lyft's new service prioritizes non-binary, women drivers for non-binary, women riders

5:54pm October 03, 2023

by Azul Dahlstrom-Eckman

In some cities, Lyft is allowing women and non-binary passengers to match with women and non-binary drivers. It comes in the wake of lawsuits saying the company failed to protect users from assault.

Why oil prices are relatively high right now

5:54pm October 03, 2023

by Camila Domonoske

Global crude oil prices seemed to be rising inexorably toward $100 a barrel — but then they pulled a U-turn. Meanwhile the oil industry is deeply divided on what the future looks like

National

Jury selections begins for Sam Bankman-Fried, accused major financial fraud

5:34pm October 03, 2023

by David Gura

Jury selection began in the fraud trial of disgraced crypto mogul Sam Bankman-Fried. He founded FTX, the multibillion-dollar crypto company he founded, which collapsed late last year.

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National

After 148 days of striking, Hollywood writers are going back to work

4:28pm October 03, 2023

After 148 days, television and movie writers are headed back to work. Many say they're happy the strike has ended for the Writers Guild of America.

Business

Cambrex completes $38M expansion in High Point

3:31pm October 03, 2023

by DJ Simmons

Pharmaceutical company Cambrex announced the completion of a $38 million expansion at its facility in High Point on Monday.

Abercrombie & Fitch's former CEO is facing accusations he sexually exploited young men.

Abercrombie & Fitch investigates claims that its ex-CEO exploited men at sex events

2:37pm October 03, 2023

by Emily Olson

The retailer says it hired an outside firm to look into the claims against Mike Jeffries. It's a major test for a brand that's remaking its image for a socially conscious era.

The fate of the CFPB, and other agencies that are similarly funded, is in the hands of the U.S. Supreme Court.

Politics & Government

Consumer watchdog agency's fate at Supreme Court could nix other agencies too

11:53am October 03, 2023

by Nina Totenberg

Payday lenders argue that the CFPB's funding structure is unconstitutional because it's not funded by money appropriated by Congress. The argument threatens the existence of other agencies, too.

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Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court in New York City on Aug. 11, 2023. Bankman-Fried is set to start his blockbuster trial on Tuesday. It's expected to last about six weeks.

FTX founder Sam Bankman-Fried's trial is about to start. Here's what you need to know

7:57am October 03, 2023

by David Gura

Sam Bankman-Fried faces seven criminal charges, including for defrauding investors. His blockbuster trial is set to begin on Tuesday, and he could face an over 100-year prison term if convicted.

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Costco members can stock up on everyday items — and gold bars

7:32am October 03, 2023

Costco is selling one-ounce gold bars on its website for about $2,000 a piece. Financial advisers caution that Costco is not an expert in handling or dealing with precious metals.

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Stevie Nicks stands under an image of her new Barbie doll during a concert at New York City's Madison Square Garden on Sunday.

There's now a Stevie Nicks-themed Barbie. And wouldn't you love to love her?

7:26am October 03, 2023

by Rachel Treisman

Nicks introduced "Stevie Barbie" at a concert on Sunday night, and preorders sold out the next day. The doll resembles Nicks in her Rumours era, with her signature flowy sleeves and platform boots.