Detroit automakers need to exit China, BofA analyst says
Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan Province, China. China Photos | Getty Images DETROIT – The traditional Detroit automakers – General Motors, Ford Motor and Stellantis – should exit the Chinese […]
Tuatara Capital to run Cannabis NYC Loan Fund to fuel social-equity program
A private-equity firm led by Wall Street veterans that has backed Willie Nelson’s pot brand Willie’s Reserve as well as multi-state operator Verano has been tapped to manage New York City’s new Cannabis NYC Loan Fund.
How the once-promising EV maker went bottom-up
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Fisker on Monday became the latest all-electric vehicle startup to file for […]
Scams against seniors are on the rise: ‘There’s no magic wand to get that money back’
How older adults can avoid cybercrimes and financial scams
Gen X stands to gain the most, study finds
Fg Trade | E+ | Getty Images Generation X may be the biggest beneficiaries from the $84 trillion Great Wealth Transfer in the next 10 years, according to a new study. While millennials and members of Generation Z are expecting the biggest inheritances in the coming years as baby boomers pass down their fortunes, Gen […]
Boeing CEO Dave Calhoun heads to Senate hearing over safety
Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Tom Williams | Cq-roll Call, Inc. | Getty Images Boeing CEO Dave Calhoun will testify before […]
Amazon’s New York Union votes overwhelmingly in favor of ratifying Teamsters deal
Amazon Labor Union members have voted overwhelmingly in favor of ratifying their affiliation with The International Brotherhood of Teamsters in a 98.3% vote, the Teamsters said on Tuesday.
Yogis who stole millions from ailing Malibu doctor expose the perils caregivers can pose to the vulnerable
Anthony David Flores was sentenced to nearly 16 years in prison.
‘It’s the saddest thing’: I’m happily retired and my friends in their 60s want to know how I did it. Should I tell them my secret?
“I’m in a comfortable position now where I can live off of my interest, dividends, Social Security, and retirement account.”
FDA approves Merck pneumococcal disease vaccine designed for adults
Zoom In IconArrows pointing outwards Merck’s new pneumococcal vaccine. Courtesy: Merck The Food and Drug Administration on Monday approved Merck‘s new vaccine designed to protect adults from a bacteria known as pneumococcus that can cause serious illnesses and a lung infection called pneumonia, the drugmaker said. Merck’s shot, called Capvaxive, specifically protects against 21 strains […]
