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Fake online reviews: US proposes bans

WASHINGTON – US federal regulators are looking to crack down on fake reviews and other deceptive internet practices. The Federal Trade Commission proposed a new rule Friday that would ban paying for reviews, suppressing honest reviews, selling fake social media engagement and more. Businesses would also be prohibited from running company-controlled websites that claim to …

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Riots in France have already cost businesses more than $1 billion

Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting. The riots, which were sparked by the fatal shooting of a teenager by a police officer last Tuesday, have already caused more than €1 billion …

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What’s spending slowdown? Retail sales suggest Canadians aren’t ready to quit shopping

Up to date retail sales numbers from Statistics Canada on Wednesday show that despite high prices and dire warnings about debt loads, Canadians remain in the mood to shop. The data agency reported Wednesday that retailers took in $65.9 billion in April. That’s an increase of 1.1 per cent from March’s level. Just about every …

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Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy

The company that makes kitchen staples like CorningWare, Pyrex and the Instant Pot has entered bankruptcy proceedings in the US and Canada. Illinois-based Instant Brands said Monday that it has “initiated a voluntary court-supervised Chapter 11 process,” due to an unmanageable debt load. “Tightening of credit terms and higher interest rates impacted our liquidity levels …

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Higher airfares likely upshot of Sunwing-WestJet integration, experts say – Business News

Higher airfares on way The Canadian Press – Jun 19, 2023 / 9:35 am | Stories: 432620 Photo: The Canadian Press Experts say WestJet’s decision to shut down Sunwing Airlines and fold it into its main operations will mean less service and higher fares — particularly in Western Canada and smaller cities across the country. …

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Angelo’s is closing, Crazy Wisdom is reopening and other Washtenaw County business news

WASHTENAW COUNTY, MI — Big news has been happening recently for businesses in and around Ann Arbor. Some longtime businesses are calling it quits after spending decades serving customers, while others are making their debut. There is even one beloved Ann Arbor book store that’s planning to return after closing in 2022. Here are some …

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‘Park outside’: GM recalls 40,000 pickups to fix fire risk – Business News

Trucks recalled for fire risk The Canadian Press – Apr 22, 2023 / 9:50 am | Stories: 422776 Photo: The Canadian Press 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 …

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