Joining forces with Saudi-backed LIV Golf is the best way to keep the PGA Tour from losing more money and prominent players, two PGA officials told lawmakers during a congressional hearing. The Senate Permanent Subcommittee on Investigations heard testimony Tuesday from Jimmy Dunne and Ron Price — both of whom …
Read More »3M in $10.3 billion settlement over “forever chemicals” in water systems
Traverse City, Mich. — Chemical manufacturer 3M Co. will pay at least $10.3 billion to settle lawsuits over contamination of many U.S. public drinking water systems with potentially harmful compounds used in firefighting foam and a host of consumer products, the company said Thursday. The deal would compensate water providers …
Read More »Merck sues U.S. government over plan to negotiate Medicare drug prices, claiming “extortion”
Drugmaker Merck is suing the U.S. government over its plan to allow Medicare to negotiate prices for a handful of drugs, calling it “extortion.” The plan, part of the 2022 Inflation Reduction Act, is expected to save taxpayers billions of dollars on common drugs the government pays for. The law directs …
Read More »Winner of Mike Lindell’s $5M contest never got his money. Now he’s taking Lindell to court.
Bob Zeidman, a Las Vegas-based software expert, is going to federal court to claim the $5 million in winnings awarded to him last month by an arbitration panel that found he was due the money from My Pillow CEO Mike Lindell. The saga has its roots in Lindell’s election conspiracies, …
Read More »Bud Light sales continue to fall weeks after Mulvaney ad debacle
Bud Light sales have dwindled and its stock has been downgraded in a continuing fallout since the popular beer ran a promotion with transgender influencer Dylan Mulveney last month. Parent company Anheuser-Busch InBev (ABI) sold $71.5 million worth of Bud Light in the week ending April 29, a 23% drop …
Read More »Want a good job by age 30? Skipping college could doom your chances.
Decades ago, young adults didn’t need much more than a high school degree to secure a job with solid, middle-class wages. Today, such opportunities have become an anomaly, with a new study finding that young Americans without college degrees are more likely to be stuck in low-earning jobs than not …
Read More »Female breadwinners tripled since the 1970s. They still do more housework.
Almost half of women in opposite-sex marriages earn as much as or more than their husbands, a share that’s tripled since the early 1970s. Yet even women who out-earn their male spouses undertake more unpaid labor such as childcare and housework, according to a new study from the Pew Research …
Read More »Layoffs rose sharply in the first three months of the year
Layoffs around the U.S. surged in the first three months of the year, a sign the labor market is softening amid efforts by the Federal Reserve to hit the economic brakes in a bid to quash inflation. In the first quarter of 2023, companies announced 270,000 job cuts, according to …
Read More »Twitter removes tweets about “Trans Day of Vengeance”
Twitter says it has removed thousands of tweets showing a poster promoting a “trans day of vengeance” protest in support of transgender rights in Washington, D.C., on Saturday. “We do not support tweets that incite violence irrespective of who posts them. ‘Vengeance’ does not imply peaceful protest. Organizing or support …
Read More »Eye drop recall: Here’s what you need to know about the flurry of eye drop recalls
The Food and Drug Administration recently announced recalls of several eye drop brands linked to an outbreak of drug-resistant bacteria responsible for four deaths and multiple cases of people going blind. Fourteen people also have lost their vision and four have had their eyeballs removed, according to the Centers for …
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