NEW YORK (AP) — Twitter is once again attempting to launch its premium service, a month after a previous attempt failed. The social media platform said it would let users buy subscriptions to Twitter Blue to get a blue check mark and access special features starting Monday. The company owned by billionaire Elon Musk has…
NEW YORK (AP) — The House Financial Services Committee plans to hold a hearing into the collapse of crypto exchange FTX on Tuesday, but its star witness will be missing. Sam Bankman-Fried was scheduled to testify in front of the House Financial Services Committee, along with the company’s current CEO, John Ray III. However Bankman-Fried…
WASHINGTON (AP) — Still eager to hire, America’s employers are posting more job openings than they did before the pandemic struck 2½ years ago. Problem is, there aren’t enough applicants. The nation’s labor force is smaller than when the pandemic struck. The reasons vary — an unexpected wave of retirements, a drop in legal immigration,…
NEW YORK (AP) — Ricki Fairley, a 11-year late-stage breast cancer survivor and advocate, is fighting hard to improve the chances for Black women to overcome breast cancer and to address the racial disparities in treatment. Before her diagnosis in 2011, Fairley, 66, was a seasoned marketing executive with stints at such companies as Coca-Cola,…
Grilling company Weber is being taken private in a deal valued at about $3.7 billion. Investment funds managed by BDT Capital Partners LLC will buy all of the outstanding shares of Weber Inc. that they don’t already own for $8.05 per share. Weber’s board has approved the transaction, which is expected to close in the…
NEW YORK (AP) — Before the pandemic, Cheryl Woodard used to take her daughter and her friends to eat at a local IHOP in Laurel, Maryland after their dance practice. But now they hardly go there anymore because it closes too early. “It is a little frustrating because it’s not as convenient as it used…
Amgen is spending more than $26 billion to dive deeper into rare disease treatments with a deal for drugmaker Horizon Therapeutics. The biotech drug developer said Monday that it will pay $116.50 in cash for each share of Horizon, which makes a thyroid eye disease treatment that generated more than $1 billion in its first…
LONDON (AP) — Britain’s economy shrank in the three months through October, confirming the toll that rampant inflation and rising interest rates are having on business and industry. Gross domestic product, the broadest measure of economic activity, fell by 0.3% in the period when compared with the three months through July, the Office for National…
Stocks closed higher Monday as Wall Street kicked off a busy week when central banks are likely to unload the year’s final barrage of interest-rate hikes meant to drive down the world’s painfully high inflation. The S&P 500 rallied 1.4%, trimming its loss for the year to 16.3%. The Dow Jones Industrial Average rose 1.6%…
FORT WORTH, Texas (AP) — American Airlines and JetBlue Airways are pushing ahead with an expansion of their partnership in the Northeast, even as a federal judge considers the government’s attempt to kill the deal. The airlines said Friday that American will add six new routes from New York City while dropping one. JetBlue will…