Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company’s pain medication Tylenol in pregnant women.…
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Business
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The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct.…
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David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week…
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When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street for his job managing the iPhone-maker’s relationship with the White House. Cook, Wall…
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Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more ethical concerns as the Trumps look to cash in on crypto as the president’s administration weakens regulations for the nascent…
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Business
Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution
by adminFamilies who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set…
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Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household. The company began notifying users in recent days that it plans to…
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Business
Disney to pay $10 million to settle FTC complaint over collection of children’s data on YouTube
by adminThe Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC claimed the company allowed data to be…
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Business
Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy is spreading to other states
by adminA new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say the taxes punish the most important local spenders. From tax hikes…
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Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome…