The Kraft Heinz Company and two former executives have agreed to pay more than $62 million to settle charges they falsified supplier contracts to achieve cost savings in a multi-year accounting scheme, the U.S. securities regulator said on Friday. The …
President Joe Biden on Thursday called on U.S. lawmakers to enact legislation aimed at lowering drug prices, including allowing Medicare to negotiate drug prices and imposing penalties on drugmakers that hike prices faster than inflation. The Democratic president’s remarks laid …
U.S. congressional investigators found “dangerous levels of toxic heavy metals” in certain baby foods that could cause neurological damage, a House Oversight subcommittee said in a report released on Thursday in calling for new standards and testing requirements. The panel …
The lockdown affecting large segments of the American public to try to curb the spread of the coronavirus is likely to last 10 to 12 weeks, or until early June, U.S. Treasury Secretary Steven Mnuchin said on Sunday. Americans are …
The U.S. Labor Department has taken a first step toward possible derailment or dilution of its controversial rule on retirement advice as it begins to re-examine it at the directive of President Donald Trump, according to a notice made public …
The White House defended the president’s executive order to U.S. agencies to rescind two government regulations for every new rule introduced, after several advocacy groups filed a lawsuit on Wednesday challenging the Trump administration over the move. The National Resources …
Chipotle Mexican Grill Inc shares jumped more than 5 percent on Thursday after its founder promised strict new food-safety practices to prevent illnesses, but hours later one of its Seattle restaurants was shut down for repeated violations. Earlier Thursday, founder …
General Motors Chief Executive Mary Barra said on Thursday more recalls are possible as the No. 1 U.S. automaker grapples with a series of safety problems that have prompted the recall of 20 million cars. Barra’s comments in an interview …
Corporate leaders from the defense, technology, energy and banking industries told President Barack Obama on Wednesday they agreed cyber attacks were a top security threat but that they were looking for a “light touch” from the government in response to …
Cyber security threats against the United States are growing, President Barack Obama said before a meeting on Wednesday with corporate leaders about the issue, as concerns rise about hacking attacks emanating from China. Speaking in a television interview, Obama stopped …
