Federal safety officials are warning against using infant rockers for sleep, citing at least 14 deaths linked to products made by Fisher-Price and another by Kids2. At least 13 reported deaths between 2009 and 2021 involved Fisher-Price Infant-to-Toddler Rockers and Newborn-to-Toddler Rockers, the U.S. Consumer Product Safety Commission and Fisher-Price …
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One House Democrat has a novel idea for curbing sales of semi-automatic weapons like AR-15s, the type of firearm used by both shooters in the massacres in Uvalde and Buffalo last month. The proposed bill places a 1,000% excise tax on any type of semi-automatic firearm, pushing up the price …
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Tesla CEO Elon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal. The news comes as Twitter has been roiled by market turbulence and Musk’s not-entirely-explicable concerns about the number …
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A late rally in big technology stocks erased an afternoon slump on Wall Street and left major indexes moderately higher, following a brutal April in which widespread technology sell-offs dragged down major benchmarks. The S&P 500 rose 0.6%, accelerating in late-afternoon trading to close at 4,155. The Dow Jones Industrial …
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General Motors is almost ready to roll out a new Chevrolet Corvette that’s partially gas-powered and partially electric, a top company official said Monday. President Mark Reuss said in a statement on LinkedIn that the automaker will start selling the hybrid style Corvette “as early as next year.” He also …
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Tesla CEO Elon Musk has proven himself a good match for the “go big, or go home” state of Texas. The “Cyber Rodeo at Giga Texas,” an invitation-only bash for thousands of guests at Tesla’s new billion-dollar-plus “Gigafactory” in Austin, was the biggest secret and the toughest ticket in town …
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More companies are offering to cover the costs of fertility treatments and other family-building services for workers, as they look for ways to recruit talent and stand out from their competitors in a tight labor market. Old requirements — like a diagnosis of infertility in a heterosexual couple before covering …
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Chipotle Mexican Grill is jacking up its menu prices, citing higher costs linked to surging inflation. The restaurant chain plans to raise prices a little more than 6% this year, CEO Brian Niccol told Wall Street analysts in an earnings call on Tuesday. Chipotle also hiked its prices by 4% …
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Stocks rose Monday, trimming some of their worst monthly loss since the early days of the pandemic, as Wall Street closed a tumultuous January wracked by worries that imminent interest-rate hikes will make everything in markets more challenging. The S&P 500 was about 1.9% higher for the day. It’s nevertheless …
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One of Wall Street’s most influential voices, the British investor Jeremy Grantham, sees an asteroid steaming toward global financial markets. His term for what he sees as a growing threat to U.S. investors: a “superbubble.” If an ordinary bubble involves an irrationally exuberant gain in the price of some asset, …
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