Biden budget includes $24 billion for conservation and protecting communities from climate disasters
A bulk of the spending goes toward cutting pollution, boosting disaster resilience, conservation and advancing clean energy innovation across the country.
California will not renew a $54 million contract with Walgreens over abortion pill policy
Gov. Gavin Newsom said California will “leverage our market power to defend the right to choose” as the state decided not to renew a contract with Walgreens.
Credit card debt is at an all-time high, putting households near ‘breaking point,’ study shows
Credit card debt hit a record $930.6 billion at the end of 2022, putting households’ finances near a projected breaking point, a new report finds.
Companies enhance benefits to help employees balance their work and caregiving demands
Women bear the burden of caregiving in the U.S., which affects the workforce. Companies are boosting care benefits to help retain and attract workers.
JPMorgan sues ex-senior banker Jes Staley over Jeffrey Epstein ties
The legal maneuver is the latest twist in cases that have embroiled the biggest U.S. bank by assets.
This under-the-radar biotech stock can surge 40% on upcoming cancer treatment data, Wells Fargo says
Upcoming clarity around the firm’s cancer treatment called cabozantinib could drive upside to estimates, the firm said.
Bank of America says Taiwan Semiconductor can ride the generative A.I. boom, jump more than 25%
Taiwan Semi will ride the “structural uptrend” in generative AI opportunities, which will drive demand for several semiconductors.
Barclays upgrades Hilton, says hotel chain can weather macro challenges better than peers
Hilton is a “best-in-class” lodging company with the strongest net unit growth among its competitors, the firm said.
Jefferies double downgrades Etsy, sees stock tumbling 25% as consumer spending slows
Etsy is having to spend more on marketing as the buyer churn rate goes up, the Wall Street firm said.
