The union representing Starbucks baristas claimed some stores were not allowed to put up Pride month decorations.
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Goldman Sachs faces big writedown on CEO David Solomon’s ill-fated GreenSky deal
The turbulence marks the latest fallout from CEO David Solomon’s decision to exit most of Goldman’s consumer efforts.
Continue readingQatar Investment Authority offers to buy minority stake in Washington Wizards parent company
Qatar’s sovereign wealth fund offered to buy a roughly 5% stake in Monumental as part of a $4.05 billion deal, a person familiar with the […]
Continue readingVirgin Galactic raises $300 million, seeks another $400 million to expand spacecraft fleet
Virgin Galactic’s growth hinges on its ability to expand its fleet with Delta-class vehicles. The offerings are a way to stop gap its cash burn […]
Continue readingModerna files for FDA approval of updated Covid vaccine for fall
Moderna said the submission is based on the FDA’s recommendation that vaccine makers update their jabs to target omicron subvariant XBB.1.5.
Continue readingNorfolk Southern engineer’s safety warning was unheeded before Ohio derailment, NTSB says
Norfolk Southern supervisors didn’t heed a warning about the length of a train that would eventually derail in Ohio, spilling toxic chemicals, the NTSB said.
Continue readingSEC fines JPMorgan subsidiary for deleting 47 million emails, some related to subpoenas
JPMorgan had received subpoenas and document requests in at least 12 civil securities regulatory investigations for emails that were deleted.
Continue readingFlavored e-cigarette sales are booming despite federal crackdown
Disposable e-cigarettes, which have circumvented FDA restrictions, now comprise more than half of the vaping market.
Continue readingNew technologies hurt car quality as EV brands fare poorly, J.D. Power says
Three Stellantis brands — Dodge, Ram and Alfa Romeo — topped this year’s quality rankings.
Continue readingPfizer, GSK RSV shots for older adults may prevent thousands of hospitalizations, CDC analysis says
The CDC analysis suggests the shots will reduce the burden of RSV on hospitals in the fall.
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