Consumer

A man wearing a face mask walks past a billboard advertising Chinese technology firm Huawei at the PT Expo in Beijing, Oct. 14, 2020. Chinese tech giant Huawei said Friday, Aug. 12, 2022 its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.
Consumer
China's Huawei Says Sales Down
But new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.
Featured
Lina Khan, then-nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, April 21, 2021.
Consumer
FTC Looks to Corral Tech Firms' Data Collection
How data is being used and protected has led to growing public concern and officials' outrage.
August 12, 2022
Samsung Electronics Co. Vice Chairman Lee Jae-yong gets out of a car at the Seoul High Court in Seoul, South Korea, Nov. 22, 2019. South Korea's president will pardon Samsung heir Lee Jae-yong with a year left on his sentence for bribing a president as part of a massive corruption scandal that toppled her government, the justice minister announced Friday, Aug. 12. 2022.
Consumer
Samsung's Lee, Other Corporate Giants to Get Pardoned
Samsung's leader was convicted for bribing a former president in a corruption scandal that toppled a previous South Korean government.
August 12, 2022
People line up to enter an H&M shop and buy items on sale in the Aviapark shopping mall in Moscow, Russia, Tuesday, Aug. 9, 2022. Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their inventory in Russia, moving forward with their exit from the country after it sent troops into Ukraine. Sweden-based H&M and Netherlands-based IKEA had paused sales in Russia after the military operation began and are now looking to unload their stocks of clothing and furnishings as they wind down operations there.
Consumer
Western Fashion Brands Sell the Last of Their Inventory in Russia
Many clothing companies are moving forward with their exit from the country.
August 10, 2022
Sign advertising for help at The Goldenrod restaurant and candy shop, York Beach, Maine, June 1, 2022.
Consumer
Hourly Workers Still Have Leverage as Hiring Booms
For many on the low end of the pay scale, though, inflation has already erased any gains.
August 9, 2022
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Consumer
Rise of Precision Agriculture Exposes Food System to New Threats
New technology is creating opportunities for extremists, terrorists and adversarial governments to attack farming machinery.
August 8, 2022
Top Headlines
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Banana Boat Recalls Sunscreen Spray for Cancer Risk
August 1, 2022
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Amazon Posts Another Loss, but Revenue Tops Estimates
July 29, 2022
People walk past a Microsoft office on Nov. 10, 2016, in New York.
Microsoft Blames Economic Woes for Missing Profit Targets
July 27, 2022
Screens display end-of-day trading results at the New York Stock Exchange on May 12, 2022, in New York.
How Do We Know When a Recession Has Begun?
July 27, 2022
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Today in Manufacturing Podcast
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Today in Manufacturing Podcast
Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.
August 4, 2022
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Consumer
New Law Bans Deadly Infant Sleep Products
The new legislation comes on the heels of years of product recalls and news headlines about devastating accidents.
July 25, 2022
A gas tank driver adjusts his hose hookup to an underground tank on May 24, 2022, in Jackson, Miss. High diesel prices are driving up the cost of most goods, from groceries to Amazon orders and furniture, as nearly everything that is delivered, whether by truck, rail or ship, uses diesel fuel. Truckers are turning down hauling jobs in the states with the most expensive diesel.
Consumer
Sky-High Diesel Prices Squeeze Truckers, Farmers, Consumers
Unless prices ease, the ripple effects of high diesel fuel could worsen.
July 20, 2022
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Consumer
Nanomagnets Can Choose a Wine
A new type of neural network aced a virtual taste test.
July 19, 2022
A Ring doorbell camera is seen installed outside a home in Wolcott, Conn., on July 16, 2019.
Consumer
Amazon Handed Ring Footage to Police Without User Consent
At least 11 times this year.
July 15, 2022
Eggs are displayed at a grocery store in Philadelphia, Tuesday, July 12, 2022. On Wednesday, July 13, 2022, the Labor Department will report on U.S. consumer prices for June.
Consumer
U.S. Inflation Reached a New 40-year High
Some economists have held out hope that inflation might be reaching or nearing a short-term peak.
July 13, 2022
An Amazon Prime truck passes by a sign outside an Amazon fulfillment center on Staten Island, New York, on March 19, 2020. Amazon is heading into its annual Prime Day sales event on Tuesday, July 12, 2022, much differently than how it entered the pandemic. Once the darling of the pandemic economy, the company posted a rare quarterly loss in April as well as its slowest rate of revenue growth in nearly two decades at 7%.
Consumer
Amazon Prime Day Comes Amid Slowdown in Online Sales Growth
Once the darling of the pandemic economy, the company posted a rare quarterly loss in April.
July 12, 2022
A customer pays for vegetables at the Maravillas market in Madrid, on May 12, 2022. Inflation figures for Europe will be released Friday, July 1, 2022, as Russia's war in Ukraine has worsened the worldwide surge in consumer prices. For months, inflation in the 19 countries that use the euro has risen at the fastest pace since record-keeping for the currency began.
Consumer
Inflation Hits Record 8.6% for 19 Euro-Using Countries
Russia's invasion of Ukraine made things worse.
July 1, 2022
Gas station in Sacramento, Calif., May 27, 2022.
Consumer
Key Inflation Gauge Remains a High 6.3%
Consumer spending is beginning to weaken — but it's still helping fuel inflation itself.
June 30, 2022
Boeing's 777 line, left, and 787 line at the Everett Production Facility in Everett, Wash., June 15, 2022.
Consumer
U.S. Economy Slipped 1.6% to Start the Year
It was the first drop in gross domestic product since the COVID-19 recession.
June 29, 2022
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Consumer
Fireworks Prices Are Skyrocketing
But there should still be plenty of bottle rockets and sparklers this Fourth of July.
June 28, 2022
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Consumer
What Is BPA?
And why is it in so many plastic products?
June 28, 2022
Federal health officials on Thursday, June 23, ordered Juul to pull its electronic cigarettes from the U.S. market, the latest blow to the embattled company widely blamed for sparking a national surge in teen vaping.
Consumer
Juul Can Keep Selling E-Cigarettes as Court Blocks FDA Ban
Juul asked the court to pause what it called an “extraordinary and unlawful action.”
June 27, 2022
United Nations Secretary-General Antonio Guterres addresses reporters during a news conference in New York, June 8, 2022.
Consumer
UN Chief Warns of Food Shortage 'Catastrophe'
Multiple famines could be declared this year, and next year "could be even worse."
June 24, 2022
In this Sunday, Oct. 20, 2019 file photo, the company logo hangs over the entrance to a Harley Davidson dealership in Littleton, Colo. Federal regulators have accused Harley-Davidson and Westinghouse of imposing illegal warranty terms on customers and ordered them to fix their warranties and ensure that their dealers compete fairly with independent repair-makers. The Federal Trade Commission announced, Thursday, June 23, 2022, the action against the motorcycle maker and MWE Investments, which makes Westinghouse-brand outdoor power generators and related equipment.
News
Harley-Davidson, Westinghouse Ordered to Fix 'Illegal' Warranties
They're accused of voiding warranties if consumers use third-party companies for repairs.
June 24, 2022