business news
Mindfulness meditation reduces anxiety as much as a common antidepressant drug, study finds
Mindfulness meditation is as effective at reducing anxiety as a commonly prescribed antidepressant, according to a study published in a major journal on Wednesday. The study, led by researchers at Georgetown University Medical Center, is the first randomized clinical trial to compare the effectiveness of mindfulness meditation with the antidepressant escitalopram. The results were published […]
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Rivian sticks to full-year EV production target as quarterly losses come in narrower than expected
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it plans to spend less to do it as the company […]
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Tesla sinks to almost two-calendar year very low on Elon Musk stock revenue, Twitter distraction
Tesla CEO Elon Musk speaks at an party in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Tesla shares dropped much more than 7% on Wednesday to close at $177.59, their least expensive given that November 2020, just after CEO Elon Musk disclosed the sale of close to $4 billion really worth of […]
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Judge rejects Walmart’s request for new trial after firing of employee with Down syndrome
Marlo Spaeth (left) was fired from Walmart in July 2015, after working there for nearly 16 years. Her sister, Amy Jo Stevenson, has been in a legal battle with the retail giant since then. She filed a discrimination complaint with the U.S. Equal Employment Opportunity Commission. Amy Jo Stevenson A federal judge has rejected Walmart’s […]
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Binance backs out of FTX rescue, leaving the crypto trade on the brink of collapse
Binance is backing out of its programs to receive FTX, the corporation claimed Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal will come a person working day right after Binance CEO Changpeng Zhao declared that the world’s greatest cryptocurrency organization had reached a non-binding deal to obtain FTX’s non-U.S. enterprises for an […]
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Leaked video: Mark Zuckerberg addresses Meta workforce following mass layoff
Meta CEO Mark Zuckerberg resolved staff pretty much on Wednesday close to 1pm ET, several hours right after the corporation declared it is laying off 13% of its employees. A partial online video was acquired by NBC Information. In a letter early Wednesday morning, Zuckerberg said Meta is generating reductions in each organization but that […]
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Meta adds to a brutal year of layoffs in tech
Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in Washington on Oct. 17, 2019. Andrew Caballero-Reynolds | AFP | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year stock bull market adapt to a new reality. Days after Twitter’s new boss Elon Musk slashed half his […]
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Binance CEO suggests he didn’t ‘master plan’ FTX collapse
Binance CEO Changpeng Zhao talking at a push meeting through World wide web Summit 2022. Ben Mcshane | Sportsfile | Getty Photos Binance CEO Changpeng Zhao reported on Wednesday that he “did not learn program” the collapse of rival crypto trade FTX. In an electronic mail to employees that he built community, Zhao stated FTX likely […]
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Here’s what the midterm election results could indicate for electrical power ETFs
The U.S. midterm elections show up probably to consequence in slim divisions in the two properties of Congress, which could be a improve for the outdated and new vitality sectors alike. Power has been a vital political topic this yr, with soaring oil selling prices main to discussions about how to boost U.S. power manufacturing. […]
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Voters approve higher minimum wage in Nebraska and Washington, DC. Votes still being tallied in Nevada
Activists demonstrate in support of a $15-per-hour minimum wage and tips for restaurant workers in Washington, D.C. on Feb. 8, 2022. Mandel Ngan | AFP | Getty Images Voters in both Nebraska and the District of Columbia on Tuesday approved higher minimum wages, while the results in a similar Nevada ballot measure are still pending. […]
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