Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring
Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, alongside reporting fourth-quarter earnings.
Bitcoin money launderer Ian Freeman ordered to pay $3.5 million to romance scam victims
Ian Freeman has promoted the bitcoin cryptocurrency for years while hosting a radio show in New Hampshire with a libertarian theme.
Pilots got their payday. Now flights attendants are pushing airlines for higher wages
Flight attendants picketed around the U.S. Tuesday to demand higher pay and better working conditions.
Coca-Cola CEO says inflation is moderating in most markets after higher prices boost revenue
In the majority of Coke’s markets, shoppers were only paying about 3.5% more for their drinks than they were a year earlier.
Federal judge tosses lobbying group’s lawsuit challenging Medicare drug price negotiations
The decision is an early win for the Biden administration as it grapples with other legal challenges to the Inflation Reduction Act’s Medicare price talks.
Boeing orders, deliveries dry up in January as plane-maker grapples with latest Max crisis
Boeing delivered 27 planes and had net zero orders for new aircraft in January.
Shopify shares down after company reports light guidance
Shopify’s quarterly results topped estimates, but guidance for the current period was light.
New York Democrat Tom Suozzi wins special House election, cuts slim GOP majority
Democratic candidate Tom Suozzi faced off against Republican Mazi Pilip in a special election to fill the seat vacated by expelled ex-Rep. George Santos.
Here’s the most troubling part for market bulls in the CPI report
Core CPI, which excludes volatile food and energy prices, is proving stickier than expected and unsettling investors.
Tesla board silent as investors await next steps after court revokes Elon Musk’s $56 billion pay package
Legal experts expect Elon Musk’s team to appeal a recent ruling that voided the Tesla CEO’s 2018 pay package.
