Tesla CEO Elon Musk defends ketamine use as beneficial for investors
Billionaire CEO Elon Musk, who leads Tesla, SpaceX and the social media platform X, said his use of prescription ketamine is beneficial for investors in an interview posted online.
Social media giant Meta under investigation for alleged drug sales on its platforms: WSJ
Tech giant Meta, parent company of social media apps Facebook and Instagram, is being probed by federal authorities related to the sale of illicit substances via its platforms.
Florida woman dies aboard Bahamas cruise, cocaine found in cabin
A 27-year-old Florida woman died aboard a cruise ship traveling to the Bahamas earlier this week and police later confiscated cocaine from her cabin.
NYCB takes more action as CEO works a new business plan
New York Community Bank's incoming CEO said Thursday he's planning to present a new business plan in late April after NYCB got a $1 billion lifeline from investors.
Embattled bank NYCB lands $1B investment from group including Mnuchin's firm
Troubled regional lender New York Community Bank announced Wednesday that it secured a $1 billion investment from a group that includes former Treasury Secretary Steve Mnuchin's firm.
Some doctor’s offices are charging patients for administrative tasks: Here's why
Some doctors struggling to balance completing administrative tasks with patient care are charging for certain things like responding to lengthy patient emails.
Lawsuit from survivors of Hamas' Oct. 7 attack sue crypto firm Binance for allegedly funding terror group
A lawsuit filed by survivors of the Hamas Oct. 7 attack on Israel are suing a cryptocurrency firm for allowing the terror group to raise money on its platform.
Apple products, including Vision Pro, still available in Russia despite company's export ban: report
Apple suspended exports to Russia, and the company's website remains inactive since the start of the Ukraine invasion, but resellers have acquired the products through third-party vendors.
JPMorgan CEO Dimon cautious about soft landing for economy
JPMorgan Chase CEO Jamie Dimon said he remains cautious about the prospects for the U.S. economy to have a soft landing but that market sentiment is improving.
US steel worker sounds off as WV tin plant shuts its doors, putting 900 jobs on the line: 'Total travesty'
Mark Glyptis, United Steelworkers Local 2911 union president, warned the consequences of closing a West Virginia tin mill in favor of imported products could spell disaster for the U.S.
Fed's Barr says regulators more aggressive with banks, focused on interest rate risk
Federal Reserve vice chair for supervision Michael Barr said the Fed's supervisors are working with banks to manage commercial real estate risk amid the high interest rate environment.
US dollar to remain world's reserve currency, Fed's Waller says
The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.
Germany eclipses Japan as world's third-largest economy
An unexpected recession in Japan last year cost the nation its title as the world's third-largest economy, with Germany taking its place.
Imported luxury cars such as Audi held by US over banned part linked to forced labor in China
Thousands of luxury cars slated to be imported to the U.S. are being held by customs officials while Volkswagen replaces a part linked to forced labor in China's Xinjiang region.
Shipping giant Maersk says Red Sea diversions could stretch into second half of 2024
Shipping behemoth Maersk does not expect the Red Sea crisis to subside in the near future, and is warning customers to expect ship diversions into the second half of the year.
Lyft's earnings report typo sends shares soaring
A typo in Lyft's earnings report sent the ride-sharing platform's stock soaring on Tuesday, and the company's momentum continued Wednesday even after a correction was issued.
Sofia Vergara 'Griselda' lawsuit from real-life mobster's son permanently dismissed
Colombian drug lord Griselda Blanco's family filed to permanently dismiss a lawsuit against Sofia Vergara, Netflix and other parties over the new show "Griselda."
Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
Regional bank hit with 3rd credit downgrade as crisis concerns linger
New York Community Bank was hit with its third credit downgrade in a week amid investors' concerns about its exposure to the struggling commercial real estate market.
NYC bribery scandal includes naked Zoom call, trips to Europe and homegrown 'hero' in taxpayer scam
New details have emerged about some of the 70 suspects arrested in a six-state sting Tuesday involving the largest bribery bust in Justice Department history.