Feds question Tesla over Musk tweet on update to 'Full Self-Driving' system
A tweet from Tesla CEO Elon Musk prompted the National Highway Traffic Safety Administration to seek details from the electric vehicle giant in connection with a larger probe.
FDA approves Biogen, Eisai Alzheimer’s drug
An Alzheimer’s drug from Biogen and Eisai has received accelerated approval from the Food and Drug Administration, the companies and agency announced Friday.
Labor Department finds American Airlines retaliated against employees who reported toxic fumes on planes
The Department of Labor said that a whistleblower investigation found American Airlines retaliated against flight attendants who had reported worker illnesses from toxic fumes.
FTC proposes rule for nationwide ban on noncompete clauses for workers
The Federal Trade Commission is proposing a nationwide ban on noncompete clauses that restrict employees from working for rival firms or starting competing businesses.
Bed Bath & Beyond shares fall after SEC requests info
The share price of Bed Bath & Beyond reportedly dipped following the company revealing correspondence pertaining to its 2021 annual report that it had with the SEC.
House committee questions Biogen drug approval process
The FDA's approval process of Biogen's Alzheimer's drug was questioned in a Congressional report released Thursday.
IRS hiking interest rates Jan. 1
The Internal Revenue Service will raise interest rates for overpayments and underpayments at the start of the new year for both individuals and corporations.
Company recalling blood pressure pills because of potential impurity presence
The potential presence of a nitrosamine impurity has prompted Lupin Pharmaceuticals to issue a recall of some blood pressure medication, per an announcement.
TSA reports 8 back-to-back days of screening over 2M travelers amid holiday travel rush
The TSA has screened over 2 million travelers daily at airport security checkpoints for eight straight days as many people travel for the winter holidays.
Samsung recalling over 663,000 top-load washing machines over fire hazard
Samsung issued a recall of hundreds of thousands of specific top-load washing machines on Thursday, according to the Consumer Product Safety Commission.
Five eye-popping spending items in the $1.7 trillion omnibus bill
Federal lawmakers made public a massive $1.7 trillion omnibus spending bill on Tuesday morning. Here are five eye-popping spending items inside it.
US Postal Service announces $9.6B investment in new electric vehicle fleet while operating at a loss
The U.S. Postal Service on Tuesday announced a $9.6 billion investment in 66,000 new electric mail trucks as part of a Biden administration EV-push.
Wells Fargo will pay $3.7B for criminal mismanagement of loans
The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to pay $3.7 billion in compensation for illegally assessing fees and unlawful interest rate charges to its customers
Sam Bankman-Fried agrees to extradition to the US; lawyers working out details
Sam Bankman-Fried, the founder of the now-collapsed cryptocurrency exchange FTX, has given his consent for extradition to the United States, sources confirmed.
Father, son face charges over alleged $8M Covid relief loan fraud involving ministry
A father and son have been indicted for allegedly fraudulently obtaining millions of dollars of COVID-19 relief money, prosecutors announced Thursday.
Company recalling 23K hot tubs over temperature sensor issue
A voluntary recall has been issued by Sundance Spas for 23,700 hot tubs over an issue related to their temperature sensors, the CPSC said on Thursday.
Union Pacific railroad shipping embargoes raise complaints
Some federal regulators and shippers are raising concerns about Union Pacific's decision to temporarily limit some businesses' shipments by using embargoes.
Illegal online pharmacies exploit drug shortages
Consumers have increasingly gone online to buy medicine because of perceived cost savings and convenience. Shortages of certain products are also driving more people online.
FTX House hearing: What to expect
Lawmakers are expected to be on the warpath Tuesday after FTX founder and former CEO Sam Bankman-Fried was arrested over the actions leading to his company's collapse.
Dept of Energy giving $2.5B loan to GM, LG Energy Solution joint venture for EV battery cell facilities
The Energy Department announced a $2.5 billion loan going to a General Motors-LG Energy Solution joint venture focused on making EV battery cells had closed.

















