Walmart to raise average hourly wage to more than $17.50 an hour
Walmart said Tuesday it would raise the average hourly wage of its associates to more than $17.50 an hour — up from about $17 an hour. In a note to…
Elizabeth Holmes says prosecutor’s claim she tried to flee the U.S. after fraud conviction is ‘baseless’
Elizabeth Holmes, the founder of the disgraced blood testing startup Theranos, told a judge Monday that the U.S. government’s accusations that she tried to flee after she was convicted of…
These dermatologists say they don’t get gel manicures as research hints UV nail dryers may damage DNA
For more than a decade, researchers have suspected that the ultraviolet nail dryers used for gel manicures might be associated with a higher risk of skin cancer if they are…
Lawyers press Elon Musk in second day on witness stand over failed Tesla take-private deal
Tesla CEO Elon Musk told a jury Monday in San Francisco that he was merely considering taking Tesla private when he tweeted in 2018 that he had “secured” funding to…
Elon Musk takes the witness stand in court trial over his failed attempt to take Tesla private
Elon Musk testified in court on Friday in a trial that may decide whether a tweet he sent in 2018 cost Tesla investors millions of dollars. Tesla shareholders are suing…
FTC calls for Martin Shkreli to be held in contempt of court for forming new drug company
The Federal Trade Commission on Friday asked that notorious “pharma bro” Martin Shkreli be held in contempt of court for forming a new drug company in violation of a judge’s…
Netflix founder Reed Hastings is giving up CEO role
Netflix’s Reed Hastings is giving up his CEO role but will remain on as chairman, the company announced alongside its earnings report Thursday. Co-CEO Ted Sarandos will remain in his…
Flu, RSV and Covid may have peaked. But the threat isn’t over.
Emergency room visits related to three of the most disruptive viruses — the flu, respiratory syncytial virus and Covid — are falling nationwide. But does that mean the feared “tripledemic”…
Amazon discontinues charity donation program amid cost cuts
Amazon said Wednesday it plans to shut down its charity donation program, in the latest example of the company’s broader cost-cutting efforts. Through the program, called AmazonSmile, the e-retailer donates…
The avian flu is hammering U.S. poultry farmers, leaving experts to ask: What has changed?
The worst outbreak of avian influenza on record is threatening to stretch into a second year, as the U.S. races to contain a virus that has already caused some food…