Mitch McConnell to step down as Republican Senate leader in November
Sen. Mitch McConnell is the longest-serving party leader in the Senate in history. He has had a complicated relationship with fellow Republican Donald Trump.
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Novavax stock falls 20% as vaccine maker misses quarterly estimates, sees sluggish 2024 sales
Novavax narrowed its losses in the quarter compared to the same period a year ago, even as demand for Covid products continues to plummet worldwide.
FTX fraudster Bankman-Fried seeks less than 7 year sentence, claims he is at risk of 'harm and extortion' in prison
FTX founder Sam Bankman-Fried was convicted in late 2023 of massive fraud at the cryptocurrency exchange and a related hedge fund, Alameda Research.
Top Amazon aggregator Thrasio files for bankruptcy
Aggregators like Thrasio raised billions of dollars from investors looking to cash in on the third-party seller rollup craze.
A growing number of colleges are rolling out 'no-loan' policies. 'They are giving them out like candy,' Yale professor says
More colleges are promising to eliminate student loans altogether from their financial aid packages.
FAA gives Boeing 90 days to come up with quality control plan after 737 Max accident
The FAA said Boeing has 90 days to come up with a plan to improve quality control.
In wake of AT&T outage, consumer advocates say you should always ask for money back if there’s a blackout
AT&T says it's issuing account credits automatically due to a service blackout. It generally behooves consumers to ask for such reimbursements proactively.
Starbucks extends past pay hike to union workers as it thaws relationship with Workers United
Starbucks workers at unionized cafes will receive the pay hikes that their nonunion coworkers first collected in May 2022.
Christian Horner: Red Bull team principal to remain in role after investigation into alleged inappropriate behaviour
Christian Horner will continue in his role as Red Bull team principal after allegations of inappropriate behaviour made against him were dismissed.
For Black workers, progress in the workplace but still a high hill to climb
Looking at the state of Black employment in America tells a mixed story.
Apple cancels plans to build an electric car
Apple will wind down its team working on electric cars, called Special Projects Group, according to a report from Bloomberg News.
7% interest rates hit weekly mortgage demand hard
Higher mortgage rates continue to hit demand from both current homeowners and potential homebuyers.
Michigan primary win helps Trump build momentum ahead of Super Tuesday
Former United Nations ambassador Nikki Haley, Donald Trump's last remaining primary rival, has vowed to stay in the race past Super Tuesday.
Rocket Lab says contract backlog tops $1 billion, outlines Neutron progress toward first launch
Rocket Lab is making steady progress on the development of its Neutron vehicle, as it aims to launch the rocket for the first time near the end of this year.
Cava stock pops after blunder leads to early earnings release
The Mediterranean chain topped Wall Street's estimates for both its earnings and revenue.
House Republicans subpoena Attorney General Garland for records from Biden classified documents probe
The House Oversight and Judiciary chairmen linked the subpoena to Attorney General Merrick Garland to an impeachment inquiry of President Joe Biden.
Viking Therapeutics stock jumps 120% after positive weight loss drug trial results
Analysts have suggested that larger pharmaceutical companies could potentially move to acquire a company like Viking Therapeutics.
Hybrids lead Consumer Reports' top 10 new vehicle picks
Toyota Motor had the most top picks of any automaker, at four, followed by Subaru at two. Tesla, Ford Motor, Mazda and BMW each had one vehicle on the list.
Prison inmate led scheme swindling U.S. out of $550 million in Covid tax credits, feds say
Kristopher Thomas also is accused of overseeing a drug trafficking operation from his California prison that shipped methamphetamine and fentanyl.
Personal pilot for billionaire Joe Lewis pleads guilty to insider trading scheme
Billionaire investor Joe Lewis earlier pleaded guilty to securities fraud charges in the same insider trading scheme with his pilot.
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