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Lucid shares tumble following public offering of nearly 262.5 million shares
Shares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million…
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Cruise recalls all of its self driving cars to fix their programming
Cruise, General Motors’ self-driving vehicle subsidiary, has recalled all 950 of its autonomous vehicles for a software update. Late last…
Massive surge in the buying of Israel Bonds from the United States
The Development Corporation for Israel has raised $1 billion from bond sales in the United States since the Oct. 7…
Gambino family Mafia crackdown: 16 arrests by New York feds and Italian authorities
Federal prosecutors in New York on Wednesday announced the arrests of 10 men allegedly belonging to or associated with the…
IAM Healthcare launches campaign to unionize retail pharmacy workers
Retail pharmacy workers have told CNN that their employers have left them severely overworked and understaffed. These harsh working conditions,…
Stocks making the biggest moves midday: Warner Bros., Occidental Petroleum, Rivian, Toast and more
Check out the companies making headlines in midday trading. Upstart Holdings — Stock in the artificial intelligence lending platform tumbled…
FDA approves Eli Lilly’s tirzepatide for weight loss, paving way for wider use of blockbuster drug
The Food and Drug Administration on Wednesday approved Eli Lilly's blockbuster drug tirzepatide for weight loss, paving the way for…
Cleveland Fed President Loretta Mester to step down next year adding to series of changes at the Fed
Federal Reserve Bank of Cleveland President Loretta Mester is set to resign from her post next year, the bank announced…
Cleveland Fed launches search for new leader after Mester leaves
The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024.Often…
Pharmacy walkout organizers help launch national push to unionize pharmacists, technicians
The organizers of a recent retail pharmacy staff walkout are helping to launch a national push to organize those employees…
Citibank fined $26 million for ‘treating Armenian Americans like criminals,’ US agency says
Citibank illegally discriminated against Armenian Americans for years by singling them out on credit card applications based on their surnames,…
Warner Bros. Discovery stock sinks 15% as ad revenue falls, Zaslav warns of ‘generational disruption’
Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster…
OpenAI’s ChatGPT back online after ‘major’ outage
ChatGPT, OpenAI's viral chatbot is back online after experiencing a brief but major outage Wednesday morning.The chatbot began returning errors…
Tentative deal reached to avert walkouts at half of Vegas casinos set to strike
A tentative labor deal has been reached between the Culinary Union and Caesar’s Entertainment to avert a potential strike at…
I drank Diet Coke daily for 25 years—then stopped: A Harvard nutritionist says I did my brain ‘a favor’
For decades, drinking a Diet Coke every day gave me a burst of caffeine and satisfaction.I started popping cans of…
A ‘sea change’ may be coming for investment advice about 401(k)-to-IRA rollovers, one expert says
Why Labor Department wants to raise protectionsIn 2020, about 5.7 million Americans rolled a total $618 billion into IRAs, according…
Perdue is selling chicken feed to humans to combat criticism about bird treatment
Perdue believes it has a clever way to combat criticism about chicken production: sell humans practically the same food it…
Amazon beefs up Prime loyalty program with One Medical discount
Amazon is beefing up its mainstay Prime subscription program with a new benefit that gives members access to discounted One…
Stocks making the biggest moves premarket: Rivian, Warner Bros., Lyft and more
Check out the companies making headlines before the bell. Rivian Automotive — The EV maker popped 8.8% in early Wednesday…