Placeholder while article actions load President Biden and lawmakers from both parties are scrambling to address a growing lack of baby formula in many stores that has made it difficult for some parents to feed their young children. On Thursday, Biden received an update from retailers and manufacturers, including Wal-Mart, Target, Reckitt and Gerber. Then … Read more
Terra is crumbling. The blockchain project home to the popular algorithmic stablecoin TerraUSD (UST), which had recently become the fourth-largest stablecoin by market value but now sits at fifth, is near collapse as UST repeatedly fails to sustain its $ 1 peg and LUNA, the blockchain’s native token, nears zero. Terraform Labs, the tech start-up … Read more
Moderna’s coronavirus vaccine elicits a strong immune response in children aged 6 to 11, researchers reported on Wednesday – another signpost in what has become a long and tortuous road to protecting young children against the virus, even as cases again inch upward. On Monday, Moderna requested authorization from the Food and Drug Administration for … Read more
It sounds confusing, but Google has decided to rebrand Google Pay into Google Wallet in various countries. Though in the US and Singapore, it plans to keep Pay and launch the companion Wallet app. Analysts aren’t sure what to make of Google’s move and are split on whether this will confuse users or not. At … Read more
Placeholder while article actions load A House committee has opened an investigation into the US Postal Service’s $ 11.3 billion plan to purchase mostly gas-powered mail-delivery trucks, ordering the mail agency to turn over confidential records on their environmental impact and costs. Rep. Carolyn B. Maloney (DN.Y.), who chairs the powerful House Oversight and Reform … Read more
A federal investigation into whether China is getting around tariffs on solar panels has Colorado’s expanding solar energy industry warning of layoffs, soaring prices and lights out for new projects. In January, industry representatives and the US Energy Information Administration were predicting 2022 would be a busy year for new solar power generation. Now, the … Read more
Parents throughout the US are scrambling to find baby formula because of supply disruptions and a massive safety recall from Abbott Nutrition in regard to its Sturgis manufacturing facility. Months of spot shortages at pharmacies and supermarkets have been exacerbated by the recall at Abbott, which was forced to shutter its Sturgis facility – the … Read more
Roughly six weeks after successful union votes at two Buffalo-area Starbucks stores in December, workers had filed paperwork to hold union elections in at least 20 other Starbucks locations nationwide. By contrast, since the Amazon Labor Union’s victory last month in a vote at a huge warehouse on Staten Island, workers at just one other … Read more
This week, one popular so-called algo coin cratered, wiping out billions of dollars’ worth of value in just a few days. The coin, called TerraUSD, is designed to maintain its value at $ 1, forever and ever, amen. Instead, it fell as low as 23 cents Wednesday before recovering some ground. It was hovering around … Read more
READ MORE Atrium Health to double its size in major deal Charlotte’s largest hospital system said it will combine with Wisconsin-based Advocate Aurora Health in another national expansion. Here’s everything you need to know. Setting its sights on national growth, Charlotte-based health care giant Atrium Health announced major plans on Wednesday to double its size … Read more
