FDA Approves Novel, Dual-Targeted Treatment for Type 2 Diabetes

Mounjaro was effective at improving blood sugar and was more effective than the other diabetes therapies with which it was compared in clinical studies. “Given the challenges many patients...

Ford sells shares in EV maker Rivian for $188.2 million

Ford Motor (NYSE:F) Co sold 7 million shares of electric carmaker Rivian Automotive Inc for about $188.2 million. Ford now holds 86.9 million shares in the California-headquartered company. Rivian...

Tesla going 70 mph crashes into Columbus convention center

The driver of the 2020 Tesla 3 crashed head-on into the Greater Columbus Convention Center on May 4. Video shows the car, traveling at a high rate of speed, hit the curb and go airborne over a...

Bitcoin tumbles, a stablecoin plunges in wild week in crypto - The Associated Press

The price of bitcoin dropped to around $25,420 this week. It steadied around $30,000 Friday, but that’s still less than half the price bitcoin fetched last November. Some bitcoin proponents have...

The Crypto Crash Is Just the Start

Netflix sends 'Culture Memo' to woke employees, saying they can work elsewhere

A new memo to Netflix employees says they can't "censor specific artists or voices" The memo comes after many of the company's employees complained about comedian Dave Chappelle's use of the...

Netflix Puts Its Woke Employees On Notice With Blunt Memo

Netflix published its first corporate culture memo update in nearly five years Thursday. The memo reportedly added a new section called “Artistic Expression,” that explains to employees that even...

Wholesale inflation climbs 11% in April, remaining near 40-year high

Wholesale prices accelerated more than expected in April. Strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine were factors. The Labor Department said its...

Nylah Anderson, 10, Died from TikTok's 'Blackout Challenge'

10-year-old Nylah Anderson choked herself to death to take part in TikTok’s viral “Blackout Challenge,” her mother alleges. The mother sued TikTok and its owner ByteDance in the Eastern District...

As Americans get hammered by roaring inflation, 80 senators vote to confirm Federal Reserve chair Jerome Powell to...

The Senate voted 80-19 in favor of confirming Jerome Powell to a second term as chair of the Federal Reserve. While lawmakers from both parties voted to confirm Powell, there were also senators on...

Aircraft lessor SMBC Aviation nears $7 billion deal for rival Goshawk, sources say

SMBC Aviation Capital is one of the world's biggest aircraft lessors. It is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt. The deal between the two privately...

Texas power grid operator asks customers to conserve electricity after six plants go offline

The Electric Reliability Council of Texas lost roughly 2,900 megawatts of electricity. That's enough to power nearly 600,000 homes. CEO Brad Jones said the unseasonably hot weather was driving the...

MSNBC's Stephanie Ruhle has no sympathy for crypto investors

Stephanie Ruhle says if you lose your shirt, hope you got a six-pack. “The 11th Hour” host also told crypto investors not to expect any government help or relief. "The entire basis of crypto is...

It’s Time To Call Algorithmic Stablecoins Something Else, Says FTX Crypto Exchange CEO Sam Bankman-Fried

FTX founder Sam Bankman-Fried says stablecoins should have separate and better-refined definitions. Comes after two top cryptos suffered staggering losses this week. Luna Foundation Guard’s...

Baby formula boss warns crisis will last ALL YEAR as Biden claims it will be eased in weeks

CEO of Irish-American firm Perrigo said he expects shortages and heightened demand to last for the 'balance of the year' He said factories in Ohio and Vermont were working at 115pc capacity to...

US wholesale prices surge 11% in April as food costs soar

Wholesale inflation remained painfully high at 11% in April, report said. It was a slight decrease from the 11.5% rate in March but still near record highs. Soaring food costs are helping drive...

Bitcoin's crashing. The Biden administration wants to keep it out of your 401(k)

The Biden Labor Department has warned Fidelity that its foray into volatile crypto markets could endanger future retirees. A move by Fidelity Investments to let retirement savers add Bitcoin to...

Frontier to leave Delaware without commercial flights

Frontier Airlines is ending its service to and from the New Castle Airport. Delaware will once again be the only state without commercial airline service. "Sufficient demand did not materialize to...

Cramer's game plan for the trading week of May 16

CNBC's Jim Cramer previewed next week's roster of earnings and gave his thoughts on the reporting companies in Friday's episode of "Mad Money."

Moderna Says It Wasn’t Aware of Investigation Into Its New CFO

Moderna Inc. released new details about the abrupt departure of Chief Financial Officer Jorge Gomez. Biotechnology company says that its vetting of Jorge Gomez was thorough. Moderna says it didn't...

ERCOT Asks Texans to Conserve Power Until 8 P.M., Through the Weekend

"Unseasonably hot weather" was driving record demand across Texas. ERCOT asks all Texans to curb power usage where they can, including raising their thermostat to 78 degrees or higher between the...

ERCOT urges Texans to conserve power over the weekend as 6 power generation facilities go offline

ERCOT urges customers to conserve energy for a five-hour peak period on Saturday and Sunday. Six power generation facilities tripping offline resulted in the loss of 2,900 megawatts. With soaring...

Netflix tells staff to LEAVE if they're offended by its content

Netflix cracks down on woke workers! The streaming service has been cracking down on its workers. Netflix has been crack down on their workers. The service has also been cracking Down on its...

Texans asked to conserve power as 100-degree heat hits some regions

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