Business Archives - Page 2 of 33

Fired SpaceX employees accuse the company of violating labor laws

NEW YORK (AP) — Several SpaceX employees who were fired after circulating an open letter decrying CEO Elon Musk’s behavior have filed a lawsuit accusing the company of violating labor laws. The complaint, filed Wednesday with the National Labor Relations Board, details the consequences of what allegedly happened inside SpaceX after employees circulated the letter …

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Japan sees core inflation at 40-year high as Asia-Pacific stocks rise

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Philippines central bank expects economy to see ‘low growth’ next year, not recession Central Bank Governor Felipe Medalla of the Central Bank of the Philippines (BSP) said the economy is expected to see “low growth” of less than 5%, not a recession, next year. Speaking to CNBC’s Sri Jegarajah in an interview, he said the …

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Japan sees core inflation at 40-year high as Asia-Pacific stocks trade mixed

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Alibaba saw delivery disruptions during Singles Day, CEO says Alibaba CEO Daniel Zhang said, “The resurgence of Covid has affected one area after another, resulting in abnormal or suspended logistics service in different locations,” according to a FactSet transcript of the quarterly earnings call from the company on Thursday. Zhang noted that logistical disruptions had …

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Bitcoin, Ethereum, Dogecoin Mixed: Analyst Says Cryptos Weak as “Risk Appetite Just Leaving the Building” – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD )

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The two largest cryptocurrencies traded in opposite directions on Thursday evening as the global cryptocurrency market capitalization fell 0.3% to $837.4 billion as of 8:11 p.m. EST. Price performance of major coins Piece of money 24 hours 7 days Price Bitcoin BTC/USD 1.3% -3.7% $16,925.08 Ethereum ETH/USD -0.7% 6.6% $1,213.69 Dogecoin DOGE/USD -1% -5% $0.085 …

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The rally shows constructive action; Four prize winners

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Dow Jones futures were little changed overnight, as were S&P 500 and Nasdaq futures. The stock market rally fell Thursday morning on hawkish statements from the Fed, extending Wednesday’s losses. But the major indexes bounced off some key levels to close slightly lower. X Treasury yields rebounded as crude oil prices fell. Apple (AAPL), Microsoft …

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FDA approves first treatment to delay onset of type 1 diabetes | CNN

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CNN — A biologic therapy that delays the onset of type 1 diabetes received approval from the U.S. Food and Drug Administration on Thursday. It is the first therapy approved for the prevention of type 1 diabetes. The monoclonal antibody teplizumab, which will be marketed under the brand name Tzield, from ProventionBio and Sanofi is …

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As contaminated beef is recalled, a reminder to clean refrigerators to keep the family safe

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Nearly 94,000 pounds of ground beef are being recalled for safety reasons, according to the United States Department of Agriculture (USDA). The department’s Food Safety and Inspection Service (FSIS) warned that meat supplier Tyson Fresh Meat’s plant in Amarillo, Texas issued a recall on Nov. 16 for 93,697 pounds of ground beef products. believed. The …

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The Eversource plan could increase your bill by at least $85 per month

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Eversource has asked the state’s Utilities Regulatory Authority to approve a hike that the company says could raise an average customer’s electric bill by nearly 50%, or $85 per month. , on the supply part of the invoice. Eversource said that, if approved, the increased rates would be in effect from January 1, 2023 through …

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FDA approves first drug capable of delaying the onset of type 1 diabetes

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For immediate release: November 17, 2022 Today, the United States Food and Drug Administration approved Tzield (teplizumab-mzwv) injection for delaying the onset of type 1 diabetes mellitus stage 3 in adults and pediatric patients 8 years of age and older who currently have stage 2 type 1 diabetes. “Today’s approval of a first-in-class therapy adds …

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Flashback: Bill Clinton hung with Bankman-Fried at $3,000 Bahamas shindig, called for ‘do no harm’ regulation

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Crypto entrepreneur and investor Evan Luthra discusses the downfall of cryptocurrency exchange FTX and the uncertain future of the crypto industry on “Cavuto: Coast to Coast.” Months before FTX founder and crypto mogul Sam Bankman-Fried lost his $15.6 billion fortune and company, he chatted with Bill Clinton at a swanky cryptocurrency conference in the Bahamas. …

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