Articles

Here’s what families need to know after a landmark $60 million verdict in baby-formula suit

One family’s verdict in a baby-formula lawsuit brings hope for other families whose newborns contracted digestive diseases, though they’re not guaranteed to see the same success.

HashiCorp’s stock jumps on report that it’s considering a sale

HashiCorp Inc.’s shares climbed more than 12% after hours Friday, after a report revealed that the cloud-adoption software company is considering putting itself up for sale.

Hertz swaps out its CEO as it looks to revitalize business after failed EV push

Hertz shares have fallen nearly 30% so far this year.

FTC launches inquiry into Reddit’s AI deals days before IPO

The Federal Trade Commission has launched an inquiry into Reddit’s licensing of user data to artificial-intelligence companies — just days before the social-media company’s long-awaited initial public offering.

Why Irish whiskey sales have risen 1,482% in the U.S. over the past 20 years — to over $1 billion in 2023

Thanks to its drinkable appeal, the St. Patrick’s Day favorite has soared in popularity over the past couple of decades — and seems poised for more growth

Redfin CEO Glenn Kelman: The housing market is looking up, but ‘we’re not out of the woods yet’

With new listings hitting the market, the spring home-buying season is poised to be much brisker than it was a year ago. But one real-estate exec isn’t ready to call it a recovery just yet.

TikTok is teaching young people about money — for better or worse. A ban could bring that to an end.

From loud budgeting to girl math, TikTok has spurred discussion of finances. Now what?

Cocoa prices hit another record, sweetening a broad rally for commodities

Commodities are broadly higher for the week on Friday, with a key index for the market at its highest level of the year, led by a rise in cocoa futures to an all-time high.

Good news: Car prices are falling. Bad news: It’s a terrible time to trade in your car. Here’s why.

This spring and summer “will probably be the best time to buy a car in the last few years,” says one expert — but people who bought during the pandemic will lose more money on trade-ins.

Enfamil maker vows to fight $60 million baby-formula verdict

Reckitt Beckinser Group said Friday it will seek to overturn a court ruling this week that awarded $60 million in damages to the family of a baby that died after being fed Enfamil infant formula, made by the British conglomerate’s Mead Johnson Nutrition unit.

Ulta Beauty’s stock is falling after earnings. Here’s why some analysts say to buy the dip.

Shares of Ulta Beauty Inc. fell on Friday, a day after the beauty-products retailer forecast full-year profit that disappointed investors.

Why Bank of Japan may shake up financial markets before Fed’s next interest-rate decision

Japan — the world’s last bastion of negative interest rates — appears ready to tighten its monetary policy as early as next Tuesday, raising the potential for a mild to more forceful reaction in financial markets a day ahead of the Federal Reserve’s own policy update.
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