Skyrocketing gas prices are driving demand for all-electric vehicles – EVs for short – but what’s it really like to switch gears from a gas-burning engine to one you plug in at night? I spent the l… [+8823 chars]
June 15 (Reuters) - The average interest rate on the most popular U.S. home loan climbed to its highest level since the 2008 financial crisis and purchase applications were down more than 15% from la… [+1548 chars]
American millionaires are raising cash in response to lingering inflation fears, according to CNBC's Millionaire Survey. Millionaires surveyed by CNBC ranked inflation as the top risk to both the ec… [+3911 chars]
In its quest to resubmit its Alzheimer’s-induced psychosis drug Nuplazid to the FDA following a CRL, Acadia Pharmaceuticals will have to face an advisory committee later this week. And agency officia… [+623 chars]
The Great Resignation is pivoting to a Forced Resignation.Thousands of layoffs in the tech sector, compounded by hiring freezes and a slowdown in hiring, highlight the abrupt shift in fortunes over t… [+7397 chars]
Lego plans to invest at least $1 billion to construct its only U.S.-based manufacturing plant in Chesterfield County, Gov. Glenn Youngkin announced Wednesday. The Virginia factory a 1.7 million-squa… [+7027 chars]
As fears grow that the U.S. economy is headed for a recession, a number of companies have announced massive waves of layoffs. It's a stark reversal after a year or more of mass voluntary resignation… [+5812 chars]
By CNN Newsource Philadelphia — A disagreement over a milkshake escalated into a shooting at a Philadelphia Chick-fil-A restaurant Monday. The shooting ended with a 17-year-old employee getting hit… [+1057 chars]
A House appropriations subcommittee advanced via voice vote a new spending bill for the FDA yesterday, offering $3.6 billion in discretionary funding (i.e. not user fees), which is a 10% increase fro… [+504 chars]
LUXEMBOURG, June 15 (Reuters) - U.S. chipmaker Qualcomm (QCOM.O) on Wednesday won its fight against a 997 million euro ($1.05 billion) fine imposed by EU antitrust regulators four years ago, dealing … [+2703 chars]
Caterpillar's announcement that it plans to move its global headquarters from Illinois to an existing office in Texas was greeted with concern and dismay in Illinois. Chairman and CEO Jim Umpleby ma… [+4827 chars]
A California gas station manager is reportedly out of a job this week after accidentally charging customers just 69 cents per gallon for premium gasoline instead of the record-high prices they should… [+2007 chars]