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Inflation jumps 7 percent, the biggest increase since 1982, as Americans increase spending WASHINGTON (AP) — Inflation jumped in December at its fastest year-over-year pace in nearly four decades, surging 7% and raising costs for consumers, offsetting recent wage gains and heightening pressure on President Joe Biden and the Federal Reserve ...
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Ken Griffin's Fortune Jumps $5 Billion In A Day After Investment From Sequoia Capital, Paradigm The hedge fund mogul known for his role in the GameStop stock craze and buying the U.S. constitution climbs seven spots among the nation's richest. Milken Institute 2019 Global Conference. BEVERLY HILLS, CALIFORNIA - APRIL 29: Ken Griffin participates ...
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Biogen shares slide as Medicare restricts cover of Alzheimer's treatments Jan 12 (Reuters) - A decision by the U.S. Medicare to limit coverage of Alzheimer's treatments including Biogen's Aduhelm will hit sales of the controversial drug and dim prospects for similar treatments looking to enter the market, ...
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Philips shares slide as shortages and recall hit profits AMSTERDAM, Jan 12 (Reuters) - Philips shares (PHG.AS) plunged more than 11% on Wednesday morning after the Dutch health technology company hiked the cost of its massive recall of ventilators and said earnings would take a big hit from global supply ...
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Dole Recalls Salads Sold at HEB, Kroger, Walmart, and Other Stores Due to Listeria Concerns Dole initiated the recall after equipment used to harvest the lettuce tested positive for Listeria monocytogenes. No illnesses have been reported. The dozens of products were sold under the Dole and various private-label brands— ...
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Delta Extends Life of Expiring Travel Vouchers From Pandemic Before the announcement, Delta flight credits were set to expire at the end of 2022. The new date will also apply to all tickets bought in 2022. Customers will be able to use the credits throughout 2024 if the trip is booked by Dec. 31, 2023, the airline ...
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Robinhood To Let Most Employees Work From Home Permanently The online brokerage Robinhood will allow most of its employees to work remotely on a permanent basis, the company said in a blog post Wednesday, making it the latest tech business to shift away from an office-centric approach.
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Volkswagen Sales Hit by Chip Shortages as Fears Rise on Omicron Impact in China Volkswagen said Wednesday that it delivered 8.8 million vehicles in 2021, a drop of 4.5% compared with 2020, as supply chain bottlenecks hurt the group's capacity to meet demand during the global economic recovery. The world's second-largest car maker, ...
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United says 3000 employees have COVID, but its vaccine mandate has saved lives Amid a flurry of flight cancellations, United Airlines CEO Scott Kirby offered a window into the staffing challenges employers are facing due to the omicron surge. "We have about 3,000 employees who are currently positive for COVID. Just as an example, ...
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Are you doing that COVID test wrong? Experts debate where to stick swab Some biologists, doctors and epidemiologists have said swabbing your throat in addition to your nose (using the same swab) could help detect a positive COVID case more accurately and earlier. Dr. Bob Wachter, ...
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