Hawaiian Electric stock plummets as lawsuits mount and talk of restructuring grows
Shares of Hawaiian Electric Industries tumbled more than 20% on Thursday following a report that the largest power provider in Hawaii could be considering restructuring as it faces an onslaught of costly lawsuits for the role it may have played in Maui's devastating wildfires.
2023-08-18 01:27
Tesla Didn’t Fix Autopilot After Fatal Crash, Engineers Say
Tesla Inc. failed to fix limitations in its Autopilot system following a gruesome Florida crash that killed a
2023-08-18 01:19
Core Lithium gets notice from Tesla over failed deal
Core Lithium has received a notice from electric-vehicle maker Tesla over a 2022 supply agreement that failed to
2023-08-18 00:46
Starbucks must pay another $2.7 million to employee who said she was fired for being White
A New Jersey court ordered Starbucks to pay an additional $2.7 million to a former employee who successfully sued the company for wrongful termination, claiming she was fired for being White.
2023-08-18 00:20
How Biden Impeachment Talk Is Dividing Republicans With Eye on 2024 Races
Congressional Republicans are divided over whether the House should embark on an impeachment inquiry involving President Joe Biden
2023-08-17 23:53
Trader Joe's says it's not adding self-checkout lines to its stores
Self-checkout kiosks are invading several chains, like Target and Kroger. However, shoppers won't see them at Trader Joe's.
2023-08-17 23:51
A large health insurer is trying a new way to lower drug costs for millions of members
A major California health insurer is shaking up the prescription drug pricing system as it seeks to lower the cost of medication for its 4.8 million members.
2023-08-17 23:49
UK’s Benchmark Bond Yield Hits 2008 High in Global Debt Selloff
UK government bonds slid to send benchmark yields to the highest since 2008, on concerns major central banks
2023-08-17 23:24
Fed Staff Grow Wary of Asset-Price Risks Following Stock Run-Up
Federal Reserve staff have become more wary about the risks that elevated asset prices pose to financial stability
2023-08-17 23:21
Canadian Wildfire Smoke Moves South Again, Posing Risk to New York State
Smoke from Canadian wildfires is threatening air quality from the Midwest to western New York State, triggering warnings
2023-08-17 22:51
Walmart Lifts Outlook Again, Stays Cautious on US Shoppers
Walmart Inc. raised its annual profit forecast again, but struck a cautious tone on consumers and the US
2023-08-17 21:51
You Don’t Need Your Own Jet to Feel Like You’re Flying Private
At Bloomberg Pursuits, we love to travel. And we always want to make sure we’re doing it right.
2023-08-17 21:51