Tag Archives: MoneyWatch

A woman got an STD in a car. Now Geico may have to pay her $5.2 million.

Geico may be on the hook for a $5.2 million legal settlement after a woman alleged she contracted a sexually transmitted disease in a car insured by the company. A Missouri court on Tuesday upheld a judgment that awarded the money to the woman, who is referred to “M.O.” in court …

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Gas prices could soon top $5 a gallon nationally, analysts say

Motorists hoping for some relief at the pump should think again.  Gas prices nationally could reach $5 a gallon on average by as early as June 17, according to Patrick De Haan, an analyst for GasBuddy, which tracks fuel costs across the nation. That’s up from the current national average …

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Elon Musk calls sexual misconduct allegations “utterly untrue” and “wild”

Elon Musk rejected allegations Thursday that he groped and exposed himself to a flight attendant six years ago. “Those wild accusations are utterly untrue,” the world’s wealthiest person posted on Twitter, the platform he is currently in the stalled process of buying for $44 billion. News outlet Business Insider reported …

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Natural gas prices have soared to a 14

Add natural gas to the list of commodities in the U.S. whose prices are surging. Costs for the fossil fuel, which is used for heating and electricity as well as to produce plastics and petrochemicals, this year jumped to a 14-year high. The spot price for natural gas at the …

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Facebook parent Meta’s stock soars despite mixed earnings result

Facebook parent Meta’s stock is soaring after the company reported first-quarter profits and daily user counts that beat Wall Street’s expectations. Shares were up sharply in after-hours trading, going up as much as 15% above their closing price. That’s despite the company’s slowest revenue growth since going public a decade …

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Elon Musk steps up Twitter efforts, reaching out to Wall Street partners for financing, reports say

Tesla CEO and America’s richest man Elon Musk is stepping up his bid to acquire Twitter. Musk, whose proposal to buy the platform for $43 billion was rebuffed by Twitter’s board last week, is now said to be looking for financing for the acquisition. Bloomberg News reported that Musk is …

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Amazon saw almost half of all injuries in U.S. warehouses in 2021, unions say

Nearly half of all injuries recorded in U.S. warehouses in 2021 occurred at Amazon,  according to a report released Tuesday by a coalition of unions. “Amazon employed one-third of all warehouse workers in the U.S., but it was responsible for nearly one-half (49 percent) of all injuries in the warehouse …

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The man who beat Amazon says he’s just getting started

After becoming the first of the online retailer’s U.S. workers to vote in favor of forming a union, Amazon employees in New York aren’t resting on their laurels.  “We already have interests in other buildings,” Christian Smalls, who spearheaded the fledgling Amazon Labor Union’s (ALU) battle against the $1.7 trillion …

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Did you get a text from yourself? Don’t click on anything

If you get a text message that looks to be from yourself, don’t click on it. That’s the sage advice of experts and of Verizon, which has received numerous complaints about customers getting spam text messages that seem to come from their own phone numbers.  Verizon’s community forum includes a …

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More than 1.7 million newer Hondas probed for needless automatic braking

U.S. auto safety regulators are investigating complaints that the automatic emergency braking systems on more than 1.7 million newer Hondas can stop the vehicles for no reason. The National Highway Traffic Safety Administration says it has 278 complaints that the problem can happen in 2017 through 2019 CR-V SUVs and …

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