MoneyWatch

H&R Block and other tax

H&R Block and other tax prep companies shared sensitive personal and financial data from tens of millions of customers with Meta and Google, according to a new report from a group of U.S. lawmakers. The lawmakers, who include Sens. Elizabeth Warren, D.-Massachusetts and Bernie Sanders, I.-Vermont, said they investigated H&R Block, …

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ChatGPT maker OpenAI sued for allegedly using “stolen private information”

OpenAI, the artificial intelligence firm behind ChatGPT, went from a non-profit research lab to a company that is unlawfully stealing millions of users’ private information to train its tools, according to a new lawsuit that calls on the organization to compensate those users. OpenAI developed its AI products, including chatbot …

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What to know about the 5 passengers who were on the Titanic sub

The five people who were aboard a submersible that went missing while on an expedition to explore the wreckage of the Titanic did not survive, according to the company that arranged the trip.  The passengers on the 21-foot sub were British businessman Hamish Harding; Pakistani businessman Shahzada Dawood and his teenage …

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Theranos CEO Elizabeth Holmes starts her 11

Former Theranos CEO Elizabeth Holmes was taken into custody Tuesday to begin serving her 11-year sentence at a Texas prison for swindling investors of hundreds of millions of dollars and lying about her biotech company’s blood-testing technology. Holmes, 39, will be incarcerated in a minimum-security women’s prison camp in Bryan, Texas, located …

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Star Wars

Walt Disney World is closing its Star Wars-themed hotel one year after the space adventure attraction opened in Florida.  Disney announced the closing of Halcyon on its website late Thursday, saying the final guest stay will be September 30. Anyone who previously booked a stay for after September 30 should …

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These are Americans’ least favorite airlines in the U.S.

Airline passenger satisfaction has waned over the past year as higher fares, crowded planes and limited flight availability have made the flying experience less than enjoyable, a new study by data analytics firm J.D. Power shows. While high demand for air travel, coupled with limited supply, is driving carriers’ revenue …

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Bank woes mount as investors bail from regional lenders

The future of PacWest Bancorp hangs in the balance as investors pull back from regional lenders following the sudden collapse of three prominent banks in a matter of weeks.  Shares of the $44 billion bank continued to slide Thursday, tumbling 60% to an all-time low of $2.57 and with trading …

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Disney sues DeSantis: Lawsuit claims political effort hurt business for Florida resort

The Walt Disney Co. sued Florida Governor Ron DeSantis on Wednesday, alleging that the governor has overseen a “targeted campaign of government retaliation” that is threatening the entertainment and media giant’s operations.  The action by DeSantis “jeopardizes its economic future in the region, and violates its constitutional rights,” according to …

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MillerKnoll CEO Andi Owen sparks backlash after telling employees to “Leave Pity City” over lack of bonuses

The CEO of a high-end office furniture company is sparking a backlash over a video in which she exhorts employees to “leave Pity City” after some asked about staying motivated if employees don’t receive bonuses this year. Andi Owen, whose company MillerKnoll sells the iconic Herman Miller Aeron chair, along …

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Credit card interest rates are at a record high. How high an APR should you accept?

With the average credit card interest rate at a record high of nearly 21%, it behooves consumers to shop around before applying for a new line of credit that could make any amount of debt very costly to carry. Credit card interest rates, or annual percentage rates (APRs), lately have …

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