Business news in brief
By The Associated Press
Protesters arrested outside New York Stock Exchange
NEW YORK | About 200 demonstrators protesting Israel’s war in Gaza were arrested in a sit-in outside the New York Stock Exchange on Monday, police said.
The protesters chanted “Let Gaza live!” and “Up up with liberation, down down with occupation!” in front of the stock exchange’s landmark building in lower Manhattan.
“The reason we’re here is to demand that the U.S. government stop sending bombs to Israel and stop profiting off of Israel’s genocide against Palestinians in Gaza,” said Beth Miller, political director of Jewish Voice for Peace, the group that organized the demonstration. “Because what’s been happening for the last year is that Israel is using U.S. bombs to massacre communities in Gaza while simultaneously weapons manufacturers on Wall Street are seeing their stock prices skyrocket.”
Bath & Body Works pulls candle packaging
Bath & Body Works is apologizing for selling a candle with packaging that some people said looked like Ku Klux Klan hoods.
The 3-wick candle was called “Snowed In” and briefly appeared on the company’s website for purchase. It was quickly pulled off of the website once the issue was brought to Bath & Body Works attention.
The image on the packaging was supposed to convey a snowflake cut out of paper. The outer edges of the snowflake are white and cone shaped, with two holes cut out near the center.
Tech consultant goes on trial in death of Cash App founder
SAN FRANCISCO | A tech consultant has gone on trial over a year after the stabbing death of Cash App founder Bob Lee in San Francisco. Prosecutors on Monday told jurors what evidence they can expect in the murder trial against Nima Momeni.
They say Momeni planned the April 2023 attack after a dispute over Momeni’s younger sister. They say he drove Lee to a secluded spot and stabbed him three times, then drove away.
Defense lawyers say Lee was the aggressor and Momeni used the knife in self defense. Momeni faces 26 years to life in prison if convicted. The trial is expected to last two months.
—From AP reports
