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Federal Trade Commission accuses three drug middlemen of inflating insulin prices
The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices. The...
Read moreMajor maritime strike could threaten ports across the East Coast
A major strike is on the horizon for thousands of maritime workers, posing a threat to East Coast ports responsible...
Read moreElon Musk’s X and Starlink face nearly $1 million in daily fines for allegedly evading ban in Brazil
Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from...
Read moreThree Mile Island nuclear plant to help power Microsoft’s data-center needs
A unit of Pennsylvania’s Three Mile Island nuclear plant will be restarted as part of a new energy-sharing agreement with...
Read moreSome local Teamsters groups announce Harris endorsements after national union declines to do so
The main national body of the Teamsters union may have declined to endorse a candidate for the 2024 presidential election,...
Read moreJPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after...
Read moreBoeing starts furloughing tens of thousands of employees amid machinist strike
Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve...
Read moreAmazon increases average pay for warehouse workers and adds free Prime membership perk
Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them...
Read moreIn federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era
In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in...
Read moreCharter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’
Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable...
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CFPB expands oversight of digital payments services including Apple Pay and Cash App
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial...
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SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for...
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Here’s how the US and Israel could thwart Iran’s nuclear efforts under a new Trump administration
President-elect Trump will take office just as Iran has the potential to become the world’s 10th nuclear-armed state, and it’s...
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Trump picks Dr. Janette Nesheiwat as nation’s next surgeon general
President-elect Trump has nominated Dr. Janette Nesheiwat as surgeon general. In a statement on Friday evening, Trump said that Dr....
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