Impossible Foods founder Pat Brown is stepping down as CEO, and Chobani's departing operating chief, Peter McGuinness, will take the helm of the company. The transition comes after a roller coaster … [+3195 chars]
Federal regulators have fined USAA Federal Savings Bank, a century-old institution that mainly does business with members and veterans of the U.S. military, for failing to follow anti-money launderin… [+1063 chars]
GENEVA -- Nearly three dozen companies worldwide will soon start making generic versions of Pfizers coronavirus pill, the U.N.-backed Medicines Patent Pool that negotiated the deal said Thursday. Th… [+2213 chars]
Record-high fuel prices, should they continue, are set to take a bite out of spring and summer travel budgets this year. But will two years worth of pent-up demand under COVID-19 restrictions roll ov… [+4533 chars]
Delta Air Lines on Thursday said it would give most of its 75,000 employees a 4% pay raise, their first increase since the fall of 2019, before the Covid pandemic. Airlines were among the hardest-hi… [+2127 chars]
The trial of former Theranos COO Ramesh Sunny Balwani has been delayed over concerns that someone previously in the federal courtroom had been a close contact of someone who tested positive for covid… [+2229 chars]
Koch Industries is planning to continue running two glass manufacturing facilities in Russia, saying it doesn't want to hand over the plants to the Russian government. Koch's Guardian Industries ope… [+1851 chars]
The U.S. Federal Reserve hiked the Fed Funds rate by 25 basis points on Wednesday, the first rate hike since 2018. While this move was largely anticipated, the markets still rallied on the news; bo… [+1094 chars]
U.S. Treasury yields ebbed on Thursday morning, as investors digested the Federal Reserve's decision to hike interest rates for the first time in more than three years. The yield on the benchmark 10… [+2195 chars]
(Kitco News) Precious metals are back at the top of the leader board, posting double-digit gains as the volatile commodity space keeps investors looking at gold, palladium, silver, and platinum. On … [+4427 chars]
LONDON The benchmark three-month nickel contract fell 8% on Thursday morning to hit its new trading limit, as heavy selling continued in metal markets. The price hit $41,945 a metric ton as it opene… [+1518 chars]
Nearly 400 gallons of gas were stolen from a North Carolina gas station this week, CNN reported. More than 15 cars pulled up and filled up their tanks after business hours after someone used a speci… [+866 chars]
