By Lisa Baertlein and Tom Polansek (Reuters) -Truckers protesting California’s new “gig worker” law blockaded the state’s third-busiest seaport for a second day on Thursday, stalling agricultural exports and threatening to worsen U.S. supply chain backups. The operator of the largest marine terminal at the Port of Oakland closed it for business on Thursday, while…
CVS Health is asking pharmacists in some states to verify that a few of the prescriptions they provide will not be used end a pregnancy. A spokesman said Thursday that the drugstore chain recently started doing this for methotrexate and misoprostol, two drugs used in medication abortions but also to treat other conditions. Spokesman Mike…
By Echo Wang (Reuters) – Wall Street’s main indexes rose on Thursday boosted by a late-afternoon rally and gains in heavyweight growth stocks, including Tesla. The tech-heavy Nasdaq added 1.4% to lead the gains while the S&P 500 closed at its highest level since June 9. The Dow Jones Industrial Average climbed 0.5%. Tesla shares…
By Rajesh Kumar Singh CHICAGO (Reuters) -U.S. carriers are struggling to offset higher costs even as booming travel demand has given them strong pricing power, raising questions about their ability to shield profit once consumer demand softens. Those worries are battering airline shares, taking the focus away from what is shaping up to be the…
CLEVELAND (AP) — Hakizimana Muvunye, a refugee from Congo who lives in Cleveland, is a man doing his best. He’s the owner of Asante Landscaping but has only five clients so he also drives for Uber. “I need to take care of my family,” he said. Muvunye and his wife, Irene Twizere, have five children….
By Manas Mishra and Jeffrey Dastin (Reuters) – Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time. The all-cash deal would combine two relatively small players as Amazon continues a years-long march into U.S….
By Yoruk Bahceli and Dhara Ranasinghe AMSTERDAM/LONDON (Reuters) – A new European Central Bank tool to shield indebted states from soaring borrowing costs failed to impress investors on Thursday, with many worried about a lack of detail and conditions that could make it tough for the likes of Italy to use. Unveiled alongside its first…
A new lunar rover is under development by Lockheed Martin and Goodyear as NASA gears up for a return to the moon. Unlike the rover first used during the Apollo 15 mission in 1971, built to last only a few days and for short trips, the new lunar vehicle is being built for extended use….
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia’s war in Ukraine. The ECB raised its benchmark deposit rate by 50…
NEW YORK (AP) — Amazon will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another expansion for the retailer into health care services. The Seattle-based e-commerce giant said in a statement Thursday it is buying One Medical for $18 per share in an all-cash transaction. Its one…
