More than 167,000 pounds of ground beef shipped to restaurants nationwide are being recalled by a Michigan meatpacking company over concerns of possible E. coli contamination, federal officials said Wednesday. At least 15 cases of the bacteria have been reported in Minnesota this month that link back to Wolverine Packing…
A popular prescription anxiety drug is being recalled nationwide for a “possibly life-threatening” mistake on the carton. The Pennsylvania-based drug maker Endo announced this week that it is expanding its recall of clonazepam tablets because some cartons bear the incorrect drug strength and wrong drug code. Clonazepam is a benzodiazepine…
Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue. Spirit, the biggest US budget airline, has lost more than $2.5 billion since…
It’s build-or-bolt time for BXP on Madison Avenue. The developer is itching to build a skyscraper at 343 Madison between East 44th and 45th streets, which is currently a block-long, empty lot owned by the MTA. But it needs an anchor tenant before the striking, 46-story, 950,000 square-foot tower —…
Americans need to earn nearly $108,000 a year to afford a single-family home in most cities now, according to a new economics report. Oxford Economics revealed this week that a household in 2024 needs an average annual income of $107,700 to afford a new single-family home, including property taxes and…
Takata filed for bankruptcy amid “the largest and most complex safety recall in U.S. history,” according to the National Highway Traffic Safety Administration (NHTSA). Not only did the recall cost the Japanese automotive parts company billions of dollars, but the duration of this recall added to its complexity. The recall…
Hundreds of workers went on strike early Friday morning at a hotel near the Las Vegas Strip. Around 700 hospitality workers walked off the job at Virgin Hotels Las Vegas as contract negotiations between the hotel and the Culinary Union broke down. The Culinary Union said Friday’s action is its first open-ended strike in…
JPMorgan Chase CEO Jamie Dimon said Wall Street bankers, regardless of who they voted for, are “dancing in the street” over President-elect Donald Trump’s win as they anticipate he will loosen stringent regulations across the industry. “A lot of bankers, they’re like dancing in the street because they’ve had successive…
President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet…
At least 104 people have been sickened, with 34 hospitalized, in an outbreak of E. coli food poisoning tied to onions served on McDonald’s Quarter Pounder hamburgers, federal health officials said Wednesday. Cases have been detected in 14 states, according to an update from the US Centers for Disease Control…
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