MoneyWatch

Netflix shareholders vote to reject executives’ pay packages

Netflix shareholders voted against compensation packages for the streaming company’s top executives, including co-CEOs Ted Sarandos and Greg Peters. Shareholders voted on the non-binding “say-on-pay” advisory measure at Netflix’s annual meeting on Thursday, with the result coming just days after the the Writers Guild of America, a union representing striking …

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Need a quick bank loan? These little

Half of Americans can’t afford an unexpected expense, so what happens when they need a car repair or their job sends them home early for a week? For millions, the answer is often a high-cost payday loan that usually carries an exorbitant interest rate. But better options are now available …

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Elizabeth Holmes is about to start her prison term

Theranos founder and convicted fraudster Elizabeth Holmes is set to report to prison at the end of the Memorial Day weekend. Holmes must report to the Bureau of Prisons by 2:00 p.m. on Tuesday, May 30, according to a ruling earlier this month from federal judge Edward Davila of the …

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Hollywood writers go on strike over fair pay in streaming era

More than 11,000 television and film writers have gone on strike for the first time in 15 years following the breakdown of negotiations between the Writers Guild of America and Hollywood studios, the guild says. The walkout began at 12:01 a.m. Pacific Daylight Time, when the contract that was in …

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General Motors recalls 40,000 Silverado trucks over fire risk

General Motors is recalling certain Chevrolet Silverado medium-duty trucks for model year 2019 or later, following the discovery of a potential leak in brake fluid that could result in a fire. Potentially 40,428 vehicles could be affected. They include 4500HD, 5500HD, and 6500HD models with model years between 2019 and …

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Family files lawsuit after deadly explosion at Pennsylvania chocolate factory

A Pennsylvania candymaker ignored warnings of a gas leak at its chocolate factory and bears responsibility for a subsequent explosion that killed seven workers and injured several others, according to a lawsuit filed Tuesday. The family of Judith “Judy” Lopez-Moran, a 55-year-old mother of three, filed what their lawyers called the first-ever …

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Almost 2 tons of ground beef recalled over E. coli in 9 states

Elkhorn Valley Packing is recalling 1.7 tons of ground beef after a sample from the Kansas-based meat packer tested positive for E. coli, the U.S. Department of Agriculture (USDA) announced on Friday.  The notice said that more than 3,400 pounds of the boneless beef chuck was packaged on Feb. 16 and shipped …

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World’s best airports: Only one U.S. flight hub ranked among the top 20 airports in the world

Travelers looking to fly out of a modern, attractive airport with efficient security, tasteful restaurants and top-notch shopping should bypass the U.S. According to aviation ranking website Skytrax, only one U.S. airport ranks among the top 20 in the world — Seattle-Tacoma Airport in Washington state, at No. 18. The rest …

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FDA’s eye drop recall includes Purely Soothing from Pharmedica

Pharmedica USA is recalling its Purely Soothing 15% MSM eye drops, according to the U.S. Food and Drug Administration.  The recall notice warns consumers that the product is non-sterile, meaning it may contain germs and bacteria, and that using it might permanently damage their retina. It is the third over-the-counter …

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Boeing stops deliveries of 787 passenger jet over “fuselage component”

Boeing has again stopped deliveries of its 787 passenger jet because of questions around a supplier’s analysis of a part near the front of the plane, company and federal officials said Thursday. Boeing said the issue does not raise an immediate safety issue for planes already in service. The Federal …

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