Caroline Ellison, who led the digital currency hedge fund connected with Sam Bankman-Fried’s FTX, is continuing her testimony in his criminal trial Wednesday. Ellison, who is also Bankman-Fried’s ex-girlfriend, is considered the star witness in…
Category:
Business
-
-
Social Security benefits will increase by 3.2% in 2024, the Social Security Administration announced Thursday morning. That adds about $50 monthly to the average retirement benefit consumers will receive beginning in January. The annual increases…
-
Walgreens Boots Alliance has chosen veteran health care executive Tim Wentworth as the company’s new chief executive. Wentworth is the former CEO of the nation’s largest pharmacy benefits management company, Express Scripts, which was acquired by Cigna in 2018.…
-
Recent strikes by Hollywood talent and United Auto Workers union members are a “drag” on business travel demand, which is otherwise recovering, Delta Air Lines President Glen Hauenstein said Thursday. Delta has an outsized exposure to the…
-
Inflation leveled off to 3.7% in September compared to a year ago, extending a gradual slowdown in consumer prices, even as it slowed to 0.4% from 0.6% in August. The Bureau of Labor Statistics released…
-
Business
Supreme Court declines to hear case challenging FDA authority to reject flavored e-cigarettes
The Supreme Court on Tuesday declined to hear arguments in a case challenging the Food and Drug Administration’s authority to reject approvals of flavored electronic cigarettes. The case is one of several challenges to the FDA’s regulation of the vaping…
-
This story was reported in collaboration with the International Consortium of Investigative Journalists, Arab Reporters for Investigative Journalism and The Guardian. Momtaj Mansur flew to Saudi Arabia in September 2021, excited to work at one of the…
-
DETROIT — The United Auto Workers union significantly escalated its strikes against Detroit Three automakers Wednesday by going on strike against a major Ford truck plant in Louisville, Kentucky. In a surprise move, the 8,700…
-
The U.S. government will make its next monthly inflation report Thursday, and it’s generally expected that it will show inflation is cooling off. The Bureau of Labor Statistics will release its latest round of price…
-
If you’ve noticed an empty store shelf where Clorox bleach, Glad trash bags or Burt’s Bees skin products should be, you’re not alone. Clorox, the consumer products giant that makes those and many other items,…