Business

Wall Street's main indexes rose for a fourth consecutive session on Wednesday, as investors doubled down on bets the Federal Reserve will cut interest rates in December.

The U.S. government said Tuesday it negotiated a 71% discount off of the list price of Novo Nordisk A/S’s blockbuster drugs Ozempic and Wegovy for patients in Medicare, the federal health insurance program for the elderly.

Feeding the community was always in her family’s blood. From church gatherings to potlucks, Lillian Rambus’ grandmother’s sweet potato pies and other dishes would delight those who were lucky enough to partake. So when Rambus and her mom, Barbara Collins, teamed up to fulfill their dream of opening a soul food restaurant, Simply Soulful, in Seattle’s Madison Valley in 2014, it seemed a natural fit.

WASHINGTON – The U.S. military has awarded Boeing two contracts valued at over $7 billion, the Pentagon said on Tuesday.

HP Inc. said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, improve customer satisfaction and boost productivity.

Dick's Sporting Goods is planning to close some Foot Locker stores after acquiring the shoe retailer earlier this year.

White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Donald Trump as the frontrunner to be the next Federal Reserve chair, according to people familiar with the matter, as the search for a new central bank leader enters its final weeks.

On Feb. 14, 2022, a Starbucks manager pulled Michaela Sellaro aside for a meeting. Just a few weeks earlier, Sellaro and a group of her fellow baristas at the coffee shop at 2975 East Colfax Ave. in Denver informed the company’s CEO that they planned to organize a union.

Amazon.com is planning to invest about $15 billion in Northern Indiana to build data center campuses, the tech giant said as it looks to boost its cloud computing capacity to support booming artificial intelligence demand.

Skechers investors are suing company executives and Skechers owner 3G Capital over what they say was an unfair sale price in an acquisition earlier this year.

WASHINGTON – Comcast will pay a $1.5 million fine after a vendor breach exposed personal data from 237,000 current and former customers, the Federal Communications Commission said on Monday.

OpenAI unveiled a free artificial intelligence-powered shopping research tool that it says can generate a personalized buyer’s guide for ChatGPT users during the holiday season.

A growing number of international airlines suspended flights to and from Venezuela over the weekend after the U.S. Federal Aviation Administration issued an advisory Friday warning of a “worsening security situation and heightened military activity” in and around the country’s airspace.

There are few devices Louis Johnson claims he cannot fix.

The world’s largest music companies have licensed their works to a music startup called Klay, which is building a streaming service that will allow users to remake songs using artificial intelligence tools.