Business
Running with Eric

Running with Eric

Middle-distance runner makes sacrifices to chase Olympic dream, living with parents, working minimum wage, and training relentlessly despite obstacles.

Deadly Shooting at Arkansas Grocery Store Leaves 3 Dead, 10 Injured

Deadly Shooting at Arkansas Grocery Store Leaves 3 Dead, 10 Injured

44-year-old Travis Eugene Posey killed 3 and injured 10 at a grocery store in Fordyce, Arkansas, on Friday.

Landslide in Switzerland Leaves Three Missing After Thunderstorms

Landslide in Switzerland Leaves Three Missing After Thunderstorms

Landslide in Switzerland traps three after severe storms, Poland experiences hailstorms with high alert.

Six Phrases Mentally Strong People Say to Themselves — and Others

Six Phrases Mentally Strong People Say to Themselves — and Others

Six phrases for mental strength: "I'm enough," "What possibilities does this setback present?", "Am I letting myself dream big?", "What's the cost of indecision?", "Am I controlling the controllables?", and "I don't have to do this; I get to do this."

Having an 18-Year-Old Daughter with a Doctorate Is Humbling and Inspiring, Says Mom

Having an 18-Year-Old Daughter with a Doctorate Is Humbling and Inspiring, Says Mom

A mother finds inspiration in her 18-year-old daughter, a doctor who excelled academically by following her interests and teaching others.

London isn’t ready to see Taylor Swift go

London isn’t ready to see Taylor Swift go

Taylor Swift's 'So Long, London' song has sparked speculation about her future in London, with some fans believing it signals a farewell while others view it as an acknowledgement of a changing relationship with the city.

Market Lull as Investors Bet on AI and Fed Rate Cuts

Market Lull as Investors Bet on AI and Fed Rate Cuts

Market calm due to tech stock investments, expectations of Fed rate cuts, and cooling inflation clarity, driving down volatility and supporting stock growth.

Librarians face increased hostility as LGBTQ books come under fire

Librarians face increased hostility as LGBTQ books come under fire

Worldwide Pride Month events are underway but they are coming at a time when many people who identify as LGBTQ+ say they are facing increasing difficulties at work, ranging from being repeatedly misgendered to physically assaulted.

‘Inside Culdesac, the first car-free neighborhood built from scratch in the U.S.’

‘Inside Culdesac, the first car-free neighborhood built from scratch in the U.S.’

Culdesac, the first car-free neighborhood in the US, offers apartments with live-work spaces for residents like candle business owner Jada Stratman, promoting community and reducing car dependency.

Argentine President Javier Milei returns to Spain without official meetings

Argentine President Javier Milei returns to Spain without official meetings

Argentine President Milei visits Spain amidst diplomatic tension, meeting with right-wing leaders and provoking economic concerns.

Cost of Living for a Family of Four in the U.S.

Cost of Living for a Family of Four in the U.S.

Family of four needs $106,903 annually to cover necessities in most US states.

A gardener inspired Nvidia CEO Jensen Huang's biggest career lesson

A gardener inspired Nvidia CEO Jensen Huang's biggest career lesson

CEO's biggest career lesson came from a gardener: "I have plenty of time"

Lindsey Vonn Sails with Team USA in New York Ahead of Sail Grand Prix

Lindsey Vonn Sails with Team USA in New York Ahead of Sail Grand Prix

Retired ski champion Lindsey Vonn joined Team USA's United States SailGP team and enjoyed a sailing experience on the Hudson River, while recognizing the strength and skills of female sailor Anna Weis and the importance of women's equality in sports.

Lockheed Martin Subsidiaries Pay $70 Million for Overcharging Navy

Lockheed Martin Subsidiaries Pay $70 Million for Overcharging Navy

Lockheed Martin subsidiaries Settle for $70M After Overcharging Navy for Aircraft Parts

US farm inspectors to gradually return to Mexican avocado region after assault

US farm inspectors to gradually return to Mexican avocado region after assault

Avocado and mango inspections in Michoacan, Mexico are gradually resuming after they were suspended following an assault on US inspectors. However, more security measures are needed to ensure the safety of the inspectors and the unimpeded trade of avocados and mangos from Michoacan to the United States.

Former Ontrak CEO guilty in insider trading scheme

Former Ontrak CEO guilty in insider trading scheme

Former Ontrak CEO convicted in first case based on Rule 10b5-1 for insider trading to avoid losses after customer terminated contract, resulting in a 44% stock drop.

Coyotes arena land auction canceled, future in doubt

Coyotes arena land auction canceled, future in doubt

Land auction for Coyotes' arena canceled, jeopardizing the team's future in Arizona.

A Popular Obesity Drug May Treat Dangerous Sleep Disorder, Study Finds

A Popular Obesity Drug May Treat Dangerous Sleep Disorder, Study Finds

Tirzepatide, an obesity drug, reduces sleep apnea severity, prompting Eli Lilly to seek FDA approval for its expanded use in treating moderate to severe sleep apnea.

Norfolk Southern to Lead Industry Effort to Improve Response to Chemical Spills

Norfolk Southern to Lead Industry Effort to Improve Response to Chemical Spills

Norfolk Southern plans to lead an industry effort to improve decision-making on venting and burning hazardous chemicals during train derailments ahead of the NTSB's report on the Ohio derailment.

US stocks close winning week, Nvidia stock cools after supernova run

US stocks close winning week, Nvidia stock cools after supernova run

U.S. stocks ended a winning week with slight losses as Nvidia cooled and business activity appeared stronger than expected.

Clearview Reaches $50M Privacy Settlement

Clearview Reaches $50M Privacy Settlement

Clearview, a facial recognition startup, settled an Illinois lawsuit for alleged privacy violations by agreeing to share its potential value with plaintiffs instead of a traditional payout.

Climate Change: Why India’s Monsoons Are Becoming More Extreme

Climate Change: Why India’s Monsoons Are Becoming More Extreme

Climate change makes India's monsoon rainfall erratic, leading to increased flooding and drought, affecting farmers' livelihoods.

U.S. Lawmakers Scrutinize Shein's Data Collection Amid Potential IPO

U.S. Lawmakers Scrutinize Shein's Data Collection Amid Potential IPO

Shein, a China-connected company, has gained prominence in the US, but concerns over its data collection and ties to China, as highlighted by politicians and government bodies, have raised doubts about its planned US IPO.

Kansas' governor signs bill to lure Chiefs, Royals from Missouri

Kansas' governor signs bill to lure Chiefs, Royals from Missouri

** Kansas enacted a law allowing it to offer incentives to lure the Chiefs and Royals away from Missouri, who are seeking new stadiums. The law authorizes bonds for stadium costs, with payment via sports betting, lottery, and local sales and alcohol taxes. Despite Missouri's opposition and the need for team owners' approval, Kansas officials believe swift action is required to keep the teams in the Kansas City area.

AT&T's Application to Cut Landlines in Underserved Areas Denied by California Regulators

AT&T's Application to Cut Landlines in Underserved Areas Denied by California Regulators

California regulators reject AT&T's bid to end landline service in underserved areas.

Stocks drift at end of winning week as Nvidia loses more momentum

Stocks drift at end of winning week as Nvidia loses more momentum

U.S. stocks ended the week slightly down, with the S&P 500 losing 0.2% but remaining near record highs, while Nvidia's stock declined 3.2% after a surge.

Biden signs Butch Lewis Act to protect union workers' pensions

Biden signs Butch Lewis Act to protect union workers' pensions

The Butch Lewis Act, part of a pandemic aid package, has saved the pensions of over 1 million union workers and retirees, preventing cuts to retirement benefits for 2 million more. The law aims to stall insolvency and economic damage for struggling pension plans, with Democrats highlighting its importance to swing state voters. Despite some pension restorations, some workers, such as those from Delphi Corp., still lack full benefit recoveries.

CDK Global cyberattack disrupts North American car dealerships

CDK Global cyberattack disrupts North American car dealerships

CDK Global, a major auto dealership software provider, faced cyberattacks leading to outages, causing delays and manual order processing at dealerships.

Lilly's Weight Loss Drug Zepbound Shows Promise for Sleep Apnea Treatment, Seeks U.S. Approval

Lilly's Weight Loss Drug Zepbound Shows Promise for Sleep Apnea Treatment, Seeks U.S. Approval

Eli Lilly seeks FDA approval for Zepbound to treat sleep apnea, with data showing resolution in nearly 50% of patients.

Disney Sued by Workers Over Scrapped Orlando Office Plans

Disney Sued by Workers Over Scrapped Orlando Office Plans

Disney workers are suing the company, alleging they were fraudulently induced to relocate to a new Orlando campus based on false promises, leading to financial losses due to scrapped plans and housing market changes.

How Tesla's Hefty Downsizing in 2023 Slashed Its Workforce by Over 14%

How Tesla's Hefty Downsizing in 2023 Slashed Its Workforce by Over 14%

Tesla has reduced its global workforce to 121,000, a cut of 14% since December 2023.

US banks fail derivatives unwind test, regulators say

US banks fail derivatives unwind test, regulators say

Four major US banks (out of the eight largest) have inadequate plans for unwinding in case of failure, with Citigroup's being more seriously deficient in its derivatives portfolio unwinding.

Big stock moves: Sarepta shares jump after FDA approves drug for rare disease

Big stock moves: Sarepta shares jump after FDA approves drug for rare disease

- Sarepta Therapeutics rises with FDA approval for Duchenne muscular dystrophy treatment. - Trump Media & Technology Group falls after Trump's conviction in hush money case. - Ryan Specialty Holdings gains from S&P MidCap 400 addition. - Asana announces stock buyback, FactSet earnings exceed estimates. - Autodesk declines as shareholder lawsuit motion denied. - Hertz expands bond offering, CarMax beats profit estimates.

Philippines builds out natural gas despite climate change warnings

Philippines builds out natural gas despite climate change warnings

Despite warnings from scientists, the Philippines is investing heavily in natural gas power while a governor stands to benefit from the buildout through real estate holdings.

UC Davis launches center dedicated to studying and educating about coffee

UC Davis launches center dedicated to studying and educating about coffee

UC Davis launches Coffee Center, the nation's first academic facility dedicated to coffee research and education, focusing on agriculture, chemistry, and sustainability.

Supreme Court Rejects Deal Over Sharing of Rio Grande

Supreme Court Rejects Deal Over Sharing of Rio Grande

Supreme Court rejects Western states' Rio Grande water settlement, citing federal concerns.

Yotta's Missing Millions: Synapse Ledgers Reveal Disappearing Deposits

Yotta's Missing Millions: Synapse Ledgers Reveal Disappearing Deposits

Synapse, a failed fintech, allegedly lost nearly $108 million in Yotta customer deposits, as per Evolve Bank's bankruptcy court filing.

McMaster heads to Germany to strengthen economic ties with German companies

McMaster heads to Germany to strengthen economic ties with German companies

S.C. Gov. McMaster to visit Germany to bolster ties with German companies, notably automakers like BMW and Volkswagen, strengthening the state's economy.

U.S. Stocks Drift Toward Quiet End of Week, Nvidia Dips

U.S. Stocks Drift Toward Quiet End of Week, Nvidia Dips

US stocks near end of week with slight declines, Nvidia continues downward trend, Sarepta Therapeutics rises sharply after FDA approval, bond yields recover following mixed economic reports.

Existing Home Sales Fall for Third Month as Prices Hit Record High

Existing Home Sales Fall for Third Month as Prices Hit Record High

Home sales dropped in May, declining for the third consecutive month. High mortgage rates and record-high prices continue to deter buyers amidst a traditionally busy market period.