MTV News forced to close down after 36 years amid Paramount layoffs

The news division of MTV launched in 1987, filling a void for Gen X-ers and older millennials seeking a cable television alternative to traditional news networks.

Tempur Sealy to shell out $4B to buy Mattress Firm

Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.

Tech industry layoffs: LinkedIn cuts 716 jobs, shuts down China app

Professional networking platform LinkedIn says it’s laying off more than 700 workers and shuttering its China jobs app, in the latest round of tech industry downsizing.

More states pushing for teacher pay increases, bonuses

Twenty-six governors are said to be talking about boosting teacher compensation. But is the pay push in this beleaguered profession too late?

Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey

Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.

Make a mess at Glendale's Slime City studio
video

A new locally-owned business is now open in Glendale. Slime City Studio is a place where kids can make a mess while making slime, and keep them busy this summer. FOX 10's Desiree Fluellen shows us how.

Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.

California Big Lots managers claim they were fired for chasing down stolen merchandise

A manager at a Big Lots store in California claimed she and her colleague were fired after wrangling back a shopping cart from an alleged shoplifter who made off with a haul of laundry detergent.

Number of new American business applications hits an all-time high

According to data from the U.S. Census Bureau, 5.4 million new business applications were filed in 2021, the highest of any year on record. 

TurboTax customers to receive checks in $141 million settlement

The company was ordered to pay $141 million to low-income consumers who were tricked into paying TurboTax to file their federal returns — despite being eligible for free tax services.

Personal loan interest rates edge down for 5-year loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

Volkswagen sees sales decline in China, pledges recovery this year

Volkswagen sold 14.5% fewer vehicles in China, the world’s largest car market. Chinese auto rivals are developing new electric and hybrid vehicles at competitive prices and competing with foreign brands.

Shell reports $9.6 billion profit as energy prices slip

Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.