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Browsing: Business

Business

US-born job gains outpace losses among immigrant workers

American-born job growth surged by close to 2 million in the last 12 months as jobs among foreign-born individuals declined during the same period, ac...

Business

Moderna plans to slash 10% of workforce as COVID shot sales slow

Biotech company Moderna said Thursday it plans to cut 10% of its global workforce and expects to have fewer than 5,000 employees by the end of the yea...

Business

Trading blows: Trump and Hawley make up, but GOP anger continues over stock trade ban

Republicans are pointing the finger at Senate Democrats, former House Speaker Nancy Pelosi, D-Calif., and even one another as the drama surrounding le...

Business

In wake of NYC shooting, panic rooms shift from luxury to necessity

Workplace safety concerns have made panic rooms in office buildings less of a luxury and more of a strategic necessity, according to Geno Roefaro, CEO...

Business

Nvidia denies 'backdoors' in chips after China raises security concerns

Tech giant Nvidia said on Thursday that its chips do not contain any "backdoors" that would allow others to remotely access or control them, following...

Business

Microsoft joins exclusive $4T market cap club after AI surge, joining only one other company

Microsoft touched $4 trillion in market cap Thursday, joining Nvidia as the only two companies to reach this level. The upward move came after the tec...

Business

Trump leveling the global medicine playing field

President Donald Trump says Americans are paying too much for prescription medications, and he is demanding change. He sent 17 letters to pharmaceutic...

Business

Ohio governor calls for an end to player prop betting amid investigation into Guardians pitchers

Cleveland Guardians' All-Star closer Emmanuel Clase and pitch Luis Ortiz are under investigation for alleged sports gambling involvement.Two pitches t...

Business

Trump escalates Canada tariffs to 35% while setting new tariff rates for dozens of other countries

President Donald Trump is increasing the tariff on Canada from 25% to 35% beginning on Friday, after the U.S. neighbor to the north failed to help cur...

Business

Texas Roadhouse hit with civil rights complaint alleging DEI discrimination in hiring practices

A conservative legal group has launched a civil rights complaint against the Texas Roadhouse restaurant chain, alleging it illegally discriminates by...

Business

Trump slams Powell as 'moron' and calls for Fed's board to take control of policy moves

President Donald Trump on Friday upped his attacks on Federal Reserve Chair Jerome Powell, calling for the central bank's policymakers to "assume cont...

Business

US job growth cooled in July amid growing economic uncertainty

The U.S. economy added jobs in July – though it was at a slower pace than in the last several months as uncertainty over economic conditions mounted.T...