Nightly Roundup: Teen violence latest; an expensive jet fighter mistake

From new developments in a teen attack in Gilbert to an expensive mistake involving a flashlight, here's a look at some of our top stories.

Sports Illustrated planning to lay off most, if not all, staff

The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet's staff after its license to use the iconic brand's name in print and digital was revoked.

Walmart raises pay for store managers; here’s how much you could make

"Investing in you is an investment in our future,” Cedric Clark the executive vice president of store operations at Walmart said in a note to U.S. store managers on Jan. 18.

New Biden administration proposal aims to drop overdraft fees to as little as $3

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.

Child tax credit expansion part of bipartisan $78B deal proposed in Congress

In a bipartisan effort, senior Congress lawmakers have unveiled a $78 billion tax deal aimed at expanding child tax credits and providing tax breaks for businesses.

Hertz selling 20,000 EVs from rental fleet; will reinvest in gas-powered vehicles

The offloading of the vehicles will cut the company's global EV fleet by one-third, Hertz said in a filing with the Securities and Exchange Commission.

Google layoffs: job cuts affect Google Assistant, Pixel and Fitbit

Google laid off hundreds of employees Wednesday who worked on some of the Silicon Valley giant's most well-known products and brands as it seeks to reduce expenses.