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Categories Business

Federal Trade Commission accuses three drug middlemen of inflating insulin prices

Author September 23, 2024

The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices. The FTC accused the

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Categories Business

Major maritime strike could threaten ports across the East Coast

Author September 21, 2024

A major strike is on the horizon for thousands of maritime workers, posing a threat to East Coast ports responsible for billions

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Categories Business

Some local Teamsters groups announce Harris endorsements after national union declines to do so

Author September 21, 2024

The main national body of the Teamsters union may have declined to endorse a candidate for the 2024 presidential election, but that

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Categories Business

Three Mile Island nuclear plant to help power Microsoft’s data-center needs

Author September 20, 2024

A unit of Pennsylvania’s Three Mile Island nuclear plant will be restarted as part of a new energy-sharing agreement with Microsoft, which

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Categories Business

Elon Musk’s X and Starlink face nearly $1 million in daily fines for allegedly evading ban in Brazil

Author September 20, 2024

Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s

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Categories Business

Amazon increases average pay for warehouse workers and adds free Prime membership perk

Author September 19, 2024

Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them a Prime

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Categories Business

Boeing starts furloughing tens of thousands of employees amid machinist strike

Author September 19, 2024

Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO

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Categories Business

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

Author September 19, 2024

JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank

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Categories Business

Charter rolls out new Spectrum pricing and internet speeds, aims to ‘be a better service operator’

Author September 17, 2024

Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband

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Categories Business

In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era

Author September 17, 2024

In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world

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