MoneyWatch

Microsoft blames Outlook and cloud outages on cyberattack

Tens of thousands of Microsoft users reported serious service disruptions affecting the company’s flagship office suite products in early June, leaving them unable to access essential remote-work tools like Outlook email and One-Drive file-sharing apps.  The cause of the sporadic service disruptions, which Reuters reported lasted more than two hours, were …

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Global brands lied about toxic “forever chemicals,” new study shows

Companies making so-called “forever chemicals” knew they were toxic decades before health officials, but kept that information hidden from the public, according to a peer-reviewed study of previously secret industry documents. The new study in the Annals of Global Health concluded that 3M and DuPont, the largest makers of per- and polyfluoroalkyl …

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Traveling this summer? Expect higher international airfares but cheaper domestic flights

Americans planning to take to the skies this summer can expect lower prices on domestic flights but pricier fares for international trips, according to travel booking app Hopper.  The average ticket price for a flight within the U.S. will be $306, down from $376 last summer, while peaking at about …

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These are the weirdest things passengers left behind in Ubers according to lost and found index

It’s not unusual for ride-share passengers to accidentally leave everyday items behind in the car, from phones to bags. But Uber’s annual Lost & Found Index reveals far more unusual things that people reported missing. The most commonly forgotten things were easy to misplace essentials including clothing, jewelry, headphones, backpacks and …

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David’s Bridal declares bankruptcy, will lay off more than 9,000 workers

David’s Bridal filed for bankruptcy on Monday just days after announcing plans to lay off more than 9,000 workers nationwide later this year. The popular wedding dress retailer said its stores and e-commerce website will remain open during the financial restructuring process. David’s Bridal executives said they are trying to …

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Tupperware stock plummets after warning it may go out of business

Tupperware is warning it may go out of business, just three years after the retro brand enjoyed a surprise surge from legions of pandemic shut-ins trying their hand at cooking. The Orlando-based company said it had “substantial doubt about its ability to continue as a going concern” in a press …

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Taxes 2023: Here’s how your tax bill could change under Biden’s budget

When President Biden earlier this month released his budget for the next fiscal year, his priorities included raising trillions of dollars in taxes to help reduce the federal deficit by almost $3 trillion over the next decade. Now, the Tax Policy Center has analyzed the budget and estimated the impact …

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Ryan Reynolds could make $300 million from Mint Mobile sale

Ryan Reynolds may be best known for his portrayal of the wise-cracking Deadpool, but the actor is also developing a reputation as a savvy investor. After taking stakes in businesses like Aviator Gin and Mint Mobile, the Canadian’s wealth from dealmaking may far surpass his movie industry earnings. Reynolds could …

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Jobs report: U.S. added 311,000 jobs in February as hiring remained strong

Employers across the U.S. added 311,000 jobs in February, a sign the labor market remains solid even as the Federal Reserve tries to slow economic growth.  The figure, released Friday by the Department of Labor, was higher than economists’ expectations that employers had added about 208,000 jobs last month, according …

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Exxon sued by U.S. after 5 nooses found at Louisiana plant

Exxon Mobil was sued by a federal agency for alleged racial discrimination against a Black employee after the worker found a hangman’s noose at his worksite at a Baton Rouge, Louisiana, facility. It was one of several nooses found at the plant over a number of years, which the company …

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