Business

CLEVELAND, Ohio — A landmark jury verdict Tuesday could make major pharmacy chains like CVS, Walgreens and Walmart liable for encouraging the opioid epidemic that kills thousands of Americans each year.  The verdict in federal court in Ohio is the... Read More

WASHINGTON — Before leaving town for Thanksgiving, Sens. Mark Warner, D-Va., and John Cornyn, R-Texas, joined members of the Problem Solvers Caucus to call for fully funding the CHIPS for America Act, an initiative intended to increase semiconductor production in... Read More

WASHINGTON — A new, groundbreaking study suggests not only is there strong bipartisan support for corporate efforts to address environmental, social and governance challenges, but that the bipartisan appeal of these initiatives dramatically increases among Americans under the age of... Read More

WASHINGTON — Foreign policy experts described an enormous challenge Monday for U.S. corporations wanting to improve their international business while facing political pressure from authoritarian governments. Some cave to the pressure to increase their revenue while others resist, putting them... Read More

WASHINGTON (AP) — President Joe Biden announced Monday that he's nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell's stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies... Read More

WASHINGTON — Sunshine Beverages was a good idea looking to get its grow on. Founded by artisanal entrepreneurs Keith Vest and Joe Parrish in 2013, the energy drink company was the offshoot of Vest’s forward-thinking ad agency, The Variable. Coming... Read More

WASHINGTON — The Biden administration on Wednesday suspended enforcement of a vaccine mandate on private companies with 100 or more employees. The decision, which was carried out through the Occupational Safety and Health Administration, comes less than a week after... Read More

WASHINGTON — The U.S. Food and Drug Administration recently partnered with Health Canada and the UK’s Medicines and Healthcare products Regulatory Agency to issue guiding principles to align efforts and standards for artificial intelligence and machine learning medical device development... Read More

WASHINGTON — The 6th U.S. Circuit Court of Appeals will preside over all litigation stemming from the Biden administration’s decision to require companies with at least 100 employees to mandate COVID-19 vaccinations or weekly testing, the U.S. Judicial Panel on... Read More

WASHINGTON — The Supreme Court agreed Monday to hear a case by a fast-food worker who claims employers have no right to force arbitration on employees after first contesting the workers' lawsuits in pre-trial proceedings. The Taco Bell worker who... Read More

WASHINGTON — Transparency is imperative as the world navigates a pandemic-induced supply chain disruption and works to improve its resiliency, according to a panel of experts at Monday’s Hudson Institute event.  In the U.S. military’s “biggest modernization effort since World... Read More

WASHINGTON — Donald Trump’s business empire reportedly plans to sell the lease to its Washington, D.C. hotel for $375 million to a Miami-based investment firm. In addition to ending financial problems for the hotel, the deal also is likely to... Read More

WASHINGTON — The U.S. Department of Labor will launch an inter-agency initiative on Nov. 17 to end rising workplace retaliation, according to a press release on Wednesday. Advancing the Memorandums of Understanding between the department and the National Labor Relations... Read More

WASHINGTON — Days before President Joe Biden is set to sign the bipartisan infrastructure bill into law, a coalition of aviation entities is seeking to put the brakes on a key element of the package —  the expansion of 5G... Read More

General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. It is the culmination of an arduous, years-long... Read More

WILMINGTON, Del. — Boeing is proposing a $237.5 million lawsuit settlement to end complaints about its troubled 737 MAX airliners but the bigger question is whether the payment will allow the company to fully recover from the crashes that killed... Read More

NEW YORK — Facebook used illegal trade practices to run former competitor and photo app Phhhoto Inc. out of business, officials from the now-defunct company said in a lawsuit filed Thursday. It represents the latest antitrust challenge to the social... Read More

SILVER SPRING, Md. (AP) — Tesla shares slumped in premarket trading on Monday after its CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations... Read More

NEW ORLEANS — The 5th U.S. Circuit Court of Appeals on Saturday temporarily blocked a mandate from the Biden administration that businesses with more than 100 employees require them to be vaccinated against the coronavirus by early January. The White... Read More

WASHINGTON – The number of airline flights in the U.S were up 50.4% in August compared to a year earlier, but the pace of recovery of the industry continued to be impacted by the drag on travel caused by the... Read More

WASHINGTON (AP) — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown. Friday’s report from the Labor... Read More

WASHINGTON — The Biden administration rolled out a new COVID-19 vaccine mandate Thursday morning, giving large companies until Jan. 4 to ensure that their workforces are fully vaccinated. In a conference call with reporters Wednesday night, a senior administration official... Read More

WASHINGTON — House Speaker Nancy Pelosi announced Wednesday in a Dear Colleague letter that she is requesting paid family and medical leave be added back into Democrats’ proposed Build Back Better framework. After weeks of back-and-forth priority shifting and despite... Read More

WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., announced Tuesday that Democrats have reached a deal on legislation to lower prescription drug prices. "It's not everything we all wanted. Many of us would have wanted to go much further, but... Read More

WASHINGTON — While toy makers warn Christmas shoppers to beware counterfeit or stolen toys in online purchases, a Senate panel on Tuesday examined options for stopping them. The Senate Judiciary Committee also heard about how knockoff online sales are moving... Read More

COVID-19 accelerated the world’s digital transformation, increasing investments in workplace  technology, according to a recently released Pegasystems study on how to “future-proof” the workplace.  IT teams have previously been the driving force behind these investments, but now the entire collaborative... Read More

WASHINGTON — It’s easy to dip one’s toe into the 24-hour news cycle and suppose the breakdown of the nation’s supply chain for incoming and outgoing goods is a west coast phenomena. The truth is, the backlogs have impacted ports... Read More

WASHINGTON — Though it wasn’t the only factor in decision-making, the COVID-19 pandemic appears to have sped up the rate at which local officials rewrote long-standing zoning and permitting rules to allow for home businesses, a new report from the... Read More

NEW YORK — Consumer confidence grew in October, reversing three month of declines due to concerns over the spread of the delta variant of the coronavirus, the Conference Board reported Tuesday. The not-for-profit, non advocacy think tank said its proprietary... Read More

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. The purchase by... Read More