U.S. government agency in charge of financial stability weighs in on climate change risks

U.S. Treasury Secretary Janet Yellen listens as U.S. President Joe Biden holds a meeting with business leaders and CEOs about the debt limit at the White House in Washington, U.S., October 6, 2021. Kevin Lamarque | Reuters The Treasury Department’s Financial Stability Oversight Council on Thursday released a report assessing the risks a changing climate …

CDC panel unanimously endorses Moderna and J&J Covid boosters, sending to director for final approval

An influential Centers for Disease Control and Prevention advisory committee on Thursday unanimously recommended boosters of Moderna and Johnson & Johnson‘s Covid-19 vaccines, sending it to CDC Director Dr. Rochelle Walensky for final approval. The agency’s Advisory Committee on Immunization Practices meeting recommended the Moderna booster for elderly people and at-risk adults six months after …

American, Southwest CEOs say they don’t plan to fire employees over federal vaccine mandate

Southwest Airlines Chairman and CEO Gary Kelly (R) speaks alongside American Airlines chairman and CEO Doug Parker (L) following a meeting with other airline executives at the White House about extending economic assistance to the airlines, in Washington, DC, September 17, 2020. Saul Loeb | AFP | Getty Images Southwest Airlines and American Airlines CEOs …

Intel shares fall after company blames shrinking PC chip business on component shortages

Pat Gelsinger Horacio Villalobos | Corbis News | Getty Images Intel shares fell more than 6% on Thursday on a weaker-than-expected sales report and after the company blamed an industry-wide component shortage for its PC chip business shrinking 2% during the quarter. Intel CFO George Davis announced plans to retire in May 2022. Here’s how …

Snap plummets 25% after missing on revenue expectations

In this screengrab, CEO of Snap Inc. Evan Spiegel takes the stage at the virtual Snap Partner Summit 2021 on May 20, 2021 in Los Angeles. Snap Partner Summit 2021 – Snap Inc | Getty Images Snap stock fell 25% after reporting its third-quarter earnings on Thursday. The company’s revenue missed Wall Street expectations after …

Bumble, Duolingo lead rally in shares of app developers after Google slashes subscription fees

In this photo illustration the Duolingo logo seen displayed on a smartphone. Rafael Henrique | LightRocket | Getty Images Shares of app developers like Bumble, Duolingo and Roblox rose on Thursday after Google said it would reduce the company’s cut from subscriptions on its Android app store. The change by Google would cut the commission …

Here’s what to expect from Chipotle Mexican Grill earnings

A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is expected to report its third-quarter earnings after the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings …

California moves to ban oil wells within 3,200 feet of homes and schools

Surrounded by local, state and national officials, California Governor Gavin Newsom speaks during a news conference at Bolsa Chica State Beach in Huntington Beach, site of the the recent offshore oil spill, on Tuesday, October 5, 2021. waters. Mark Rightmire | MediaNews Group | Orange County Register via Getty Images California Gov. Gavin Newsom on …

Pricier shipping containers and port delays haven’t slowed Vita Coco’s growth, co-CEO says

Vita Coco hasn’t been able to fully stock grocery fridges with its coconut water for months, but co-founder and co-CEO Mike Kirban said that hasn’t stopped the beverage company from gaining new customers. “We haven’t been fully in stock for 18 to 24 months, but at the same time, we’ve grown our business substantially,” Kirban …

Op-Ed: Sen. Dick Durbin’s message to the FDA: Vaping targets kids

A woman smokes an E-Cigarette at Digital Ciggz in San Rafael, California. Justin Sullivan | Getty Images For the sake of America’s kids, the Food and Drug Administration cannot reject the reality of today’s youth vaping epidemic. Last week, FDA approved the first-ever e-cigarettes to stay on the U.S. market, R.J. Reynolds’ Vuse tobacco-flavored vaping …