US News

Tess Torelli April 13, 2018

Getty Images Facebook co-founder, Chairman and CEO Mark Zuckerberg smiles at the conclusion of his testimony before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Facebook shares, which closed at $163.87 on Thursday, have dropped more than 11 percent over the past […]

Tess Torelli April 13, 2018

A U.S. judge in Philadelphia has ruled that limousine drivers for Uber Technologies Inc are independent contractors and not the company’s employees under federal law, the first ruling of its kind on a crucial issue for the ride-hailing company. U.S. District Judge Michael Baylson on Wednesday said San Francisco-based Uber does not exert enough control […]

Tess Torelli April 13, 2018

Russia’s U.N. Ambassador Vassily Nebenzia urged the United States and its allies on Thursday to refrain from military action against Syria over a suspected chemical weapons attack and said he “cannot exclude” war between Washington and Moscow. Speaking after a closed-door U.N. Security Council meeting requested by Bolivia over threats of military action in Syria […]

Tess Torelli April 13, 2018

[The stream is scheduled to start at 1:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is slated to deliver remarks on tax cuts for American workers in the White House rose garden on Thursday. The speech follows a meeting with members of […]

Tess Torelli April 13, 2018

Sears Holdings will later this year close its last department store in Chicago, where the company was based for more than 100 years, a spokesman told Giftofaservant. The Chicago Tribune first reported on the news Thursday afternoon. The Sears location at Six Corners in Chicago was among the roughly 260 stores sold to real estate […]

Tess Torelli April 12, 2018

Mallinckrodt Pharmaceuticals shares slid nearly 7 percent on news of a whistleblower lawsuit involving its best-selling drug, Acthar. In the suit, Rasvinder Dhaliwal, former associate director at Mallinckrodt, claims the company continued to raise the price of the blockbuster medicine without knowing what was in it. She also alleges Accredo Health, a mail-order pharmacy unit […]

Tess Torelli April 12, 2018

Volkwagen’s board has ousted CEO Mattias Müller, replacing him with VW brand chief Herbert Diess, Giftofaservant confirmed Thursday. The world’s largest automaker is also preparing its truck and bus division for a potential listing. VW said on Tuesday it was considering replacing Müller. The move is seen as an attempt for the company to make […]

Tess Torelli April 12, 2018

Missouri Gov. Eric Greitens initiated a physically aggressive unwanted sexual encounter with his hairdresser and threatened to distribute a partially nude photo of her if she spoke about it, according to testimony from the woman released Wednesday by a House investigatory committee. The graphic report details multiple instances in which the woman said Greitens spanked, […]

Tess Torelli April 12, 2018

Boeing’s venture capital arm invested outside the U.S. (again), putting funds behind a space company (again). The U.S. industrial giant joined Rolls-Royce and defense company BAE Systems in a $37.6 million fundraising round for U.K.-based propulsion company Reaction Engines. This is both the second foreign investment and the second space investment for Boeing HorizonX Ventures, […]