Baby formula price cut helps new parents

Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If you received business payments via apps such as PayPal or Venmo or e-commerce companies such as eBay, Etsy or Poshmark in 2023, your tax return may now be a little less complicated. The IRS announced Tuesday that 2023 would…

The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel blew off an Alaska Airlines flight while in mid-air last week, forcing an emergency landing. The FAA has grounded 171 Boeing jets installed with the same panel after the landing, most of which are operated by carriers Alaska Airlines and United…

Despite the delay in the ban, firms will still be forced to meet strict quotas for selling electric cars from January, ensuring that more than one in five cars sold are zero emission models. If not, they will face heavy fines and the target will go up each year until 2030.

Retailers — already hard-hit by rampant shoplifting — are facing another threat to their bottom line from scammers who are stuffing bricks, fake receipts and counterfeit goods in return packages. The fraudsters have targeted this retail underbelly to swipe billions of dollars by gaming the returns system, especially after the holiday season, according to a…

Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.