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2d ago

Black women are bearing the brunt of an increase in Black unemployment, data shows

The unemployment rate increased from 4.4% in April to 5.3% in May for Black women.
A worker on the production line at Ford's Rouge Electric Vehicle Center in Dearborn, Mich., on Sept. 8, 2022.
A worker on the production line at Ford's Rouge Electric Vehicle Center in Dearborn, Mich., on Sept. 8, 2022.

Here's why the PGA Tour just merged with LIV Golf

The agreement has sent shock waves through the sports world and beyond.
Phil Mickelson tees off on the 1st at the LIV Golf Invitational on June 9, 2022 in St Albans, England.
Phil Mickelson tees off on the 1st at the LIV Golf Invitational on June 9, 2022 in St Albans, England.

Boeing warns new defect on 787 Dreamliners will slow deliveries

The problem is the latest in a spate of manufacturing issues on Boeing planes that have slowed, if not paused, deliveries of certain aircraft outright.
Boeing 787 Dreamliners are built at an assembly plant
Boeing 787 Dreamliners are built at an assembly plant

PGA Tour, Saudi-backed LIV merge in stunning end to bitter golf rivalry

A group representing 9/11 familes called the pact a betrayal, fueled by "hypocrisy and greed."
Brooks Koepka hits from the fairway during the the PGA Championship golf tournament
Brooks Koepka hits from the fairway during the the PGA Championship golf tournament

Antony Blinken to embark on high-stakes trip to China

The secretary of state's previous trip was postponed after a Chinese spy balloon was discovered flying over the U.S.
Secretary of State Antony Blinken in Oslo, Norway, on June 1, 2023.
Secretary of State Antony Blinken in Oslo, Norway, on June 1, 2023.

Merck sues U.S. government to halt Medicare drug price negotiation

The lawsuit argues that under the law, drugmakers would be forced to negotiate prices for drugs at below market rates.
A Merck scientist conducts research.
A Merck scientist conducts research.
2d ago

SEC sues Coinbase over exchange and staking programs

Coinbase’s flagship prime brokerage, exchange and staking programs violate securities laws, the regulator alleged in its complaint.
Monitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York on April 14, 2021.
Monitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York on April 14, 2021.

Last tot standing: Buybuy Baby likely to survive as Bed Bath & Beyond fades into bankruptcy

The largest baby goods retailer in the U.S. is already seeing interest from outside suitors.
Bed Bath & Beyonds Grasp for Cash Puts Baby Brand on the Line
Bed Bath & Beyonds Grasp for Cash Puts Baby Brand on the Line
3d ago

GM to invest more than $1 billion to produce new heavy-duty pickups

Despite GM’s commitment to exclusively offer all-electric vehicles by 2035, the company continues to invest in traditional vehicles such as the Chevrolet Silverado and GMC Sierra heavy-duty pickups.
A 2021 Chevrolet Silverado on a lot if dealership in East Moline, Ill.
A 2021 Chevrolet Silverado on a lot if dealership in East Moline, Ill.
3d ago

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations

The defendants showed a “blatant disregard” of federal law, the SEC alleged in its complaint.
Binance CEO Changpeng Zhao in Lisbon, Portugal, on Nov. 2, 2022.
Binance CEO Changpeng Zhao in Lisbon, Portugal, on Nov. 2, 2022.

CNN CEO Chris Licht apologizes to staff during internal Monday morning call

Licht, who took the helm at CNN last year, said he understands staffers’ frustration and is intent on earning their trust.
Chris Licht during the Warner Bros. Discovery Upfront 2022 show in New York City
Chris Licht during the Warner Bros. Discovery Upfront 2022 show in New York City

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