Dollar General agreed to pay $12 million to settle claims that there were unsafe working conditions across its stores, such as blocked fire exits and fire extinguishers and unsafe storage, according to the Department of Labor.  Aside from paying the hefty penalty, the settlement between the Labor Department's Occupational Safety and Health Administration (OSHA) and Dollar General will ensure that the chain and its retail subsidiaries "make significant workplace safety improvements in stores nationwide."The ...

Bank of America's second-quarter profit fell as income from interest on loans shrank and provisions for potential credit losses jumped, but a better-than-expected forecast for net interest income sent the bank's shares higher in premarket trade. Banks are shelling out more on deposits as interest rates are at their highest since 2007, which have boosted returns on bonds, making alternatives such as money market funds more attractive.The cost of preventing a deposit outflow has eroded banks' gains from the r ...

Data from Disney's internal Slack workplace collaboration system have been leaked online, including discussions about ad campaigns, studio technology and interview candidates, according to files viewed by The Wall Street Journal.  An anonymous hacking group that calls itself Nullbulge said in a blog post that it published data from thousands of Slack channels at the entertainment company, including computer code and details about unreleased projects. Slack is widely used within large companies for group com ...

Kroger and Albertsons, who are looking to merge, have identified the 579 locations across the country that they intend to offload from their combined grocery store count. The planned divestiture of the stores is linked to the grocery giants’ efforts to assuage concerns voiced by regulators related to their proposed deal for Kroger to acquire Albertsons. C&S Wholesale Grocers is the company slated to buy the stores. Their sale is supposed to happen after the completion of the Kroger-Albertsons merger, accord ...

On Thursday, Pfizer announced plans to advance its weight-loss pill after "encouraging" results from an early-stage study.  The pharmaceutical giant is trying to tap into the highly lucrative market for obesity drugs currently dominated by the likes of Eli Lilly and Novo Nordisk. HIMS & HERS ROLLS OUT WEIGHT-LOSS SHOTS MUCH CHEAPER THAN OZEMPIC, WEGOVY Pfizer said it has a "robust pipeline" of three clinical and several other pre-clinical candidates but that danuglipron, a once-a-day oral treatment, was "th ...

It will soon cost more to be a part of the club. On Wednesday, Costco Wholesale announced plans to increase annual membership fees by $5 to $10 in the U.S. and Canada, effective Sept. 1. It is the first time in seven years the retail giant has done so.The annual fee, last raised in June 2017, would increase by $5 to $65 for "gold star" and business members and to $130 from the earlier $120 for executive members, the company said. "The fee increases will impact around 52 million memberships, a little over ha ...

Amazon is working to overcome a major barrier in its goal of reaching 100,000 electic vehicles by 2030: charging.  In its sustainability report, published Wednesday, the company said the infrastructure needed to support charging of electric heavy goods vehicles (eHGVs) both at delivery stations and on the road is "one barrier to scaling their use around the world." Amazon's aim is more than quadruple the number of electic vehicles for its last mile delivery, in other words, the last leg of a package journey ...

Disney Cruise Line is expanding its sailings out of Asia, announcing that its ninth ship will set sail from Tokyo by early 2029. Disney made the announcement Tuesday. The new ship will be a "sister ship to the popular Disney Wish" and will be constructed at Meyer Werft shipyard in Papenburg, Germany, according to a press release. Its name has not yet been revealed.The new agreement between Disney and Oriental Land Co., Ltd. (OLC) is an "evolution" of a 40-year relationship between the two, as OLC owns and o ...

Alaska’s largest oil company has filed a lawsuit against the Department of the Interior, asking a judge to toss out new rules imposed by the Biden administration that they say "thwart and prevent the production of petroleum" across millions of acres of an Alaskan reserve.  The recent filing from ConocoPhillips Alaska, Inc. in U.S. District Court comes months after the regulations surrounding the National Petroleum Reserve in Alaska (NPR-A) were set in place by the Bureau of Land Management (BLM). The federa ...

Tesla shareholders are set to appear in a Delaware court on Monday to call for the judge to reject the "outlandish" request for $7 billion in attorneys' fees to be paid by the company to the legal team that led the challenge to CEO Elon Musk's $56 billion pay package. The record fee request was made by investor Richard Tornetta on behalf of the three law firms that represented him in the lawsuit against Musk's compensation plan, which is believed to be the largest among CEOs of publicly traded companies in ...