World News
Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states
A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders. From tax hikes on pricey second homes in Rhode Island and Montana to Cape Cod’s proposed transfer tax…
Read More »Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year
Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection in March. The Dania Beach, Florida-based airline said under this bankruptcy, it will reduce its network and shrink its fleet, cuts that…
Read More »Retail panic: What the end of the ‘de minimis’ exemption means for brands across the globe
The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty…
Read More »Cracker Barrel rebrand: Why companies retreat when faced with consumer criticism
It’s been a busy week for Cracker Barrel Old Country Store’s marketing team. The restaurant chain announced a rebrand and new logo last week, faced widespread criticism from social media users, including President Donald Trump, and proceeded to walk back its plan to change the logo. In that span of…
Read More »Trump accused Fed governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say.
The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be difficult to prove, experts say. President Donald Trump announced in a Truth Social post on Monday night that he was removing Federal…
Read More »Trump accused Fed Governor Lisa Cook of mortgage fraud. That can be hard to prove, experts say
The Trump administration’s latest allegations of mortgage fraud have raised questions about a long-standing housing issue known as owner-occupancy mortgage fraud. But that type of fraud can be difficult to prove, experts say. President Donald Trump announced in a Truth Social post on Monday night that he was removing Federal…
Read More »AI detects sound of frog species threatened in Southern California
THE SANTA ROSA PLATEAU ECOLOGICAL RESERVE, Calif. — The scientist traipses to a pond wearing rubber boots but he doesn’t enter the water. Instead, Brad Hollingsworth squats next to its swampy edge and retrieves a recording device the size of a deck of cards. He then opens it up and…
Read More »Lego hits record revenue in first half of 2025, boosted by brick flowers and cars
Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of its biannual earnings report on Wednesday. Operating profit rose 10% year…
Read More »Google has eliminated 35% of managers overseeing small teams in past year, exec says
Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization. “Right now, we have 35% fewer managers, with fewer direct reports” than at this time a year ago, said Brian Welle,…
Read More »Cracker Barrel will go back to old logo after conservative backlash
Uncle Herschel is returning to the Cracker Barrel chair. After online outrage by conservatives who accused the country-themed restaurant chain of changing its values or going “woke” when it rolled out a new logo, the company said Tuesday that it was returning to its old branding. ‘We thank our guests…
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Inside Epstein’s infamous ‘birthday book’: Clinton’s note, poolside candids and bizarre animal pics
Among the files made public by the House Oversight Committee is a document that …
