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A Bay Area businessman’s first ride in a driverless Waymo turned into an airport nightmare when the robotaxi allegedly sped off with his luggage still locked in the trunk — leaving him stranded without clothes, work materials, or answers before a flight to San Diego.   Di Jin said his Monday trip from Sunnyvale to…

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The annual Met Gala, which takes place this year on Monday, May 4, is always a lightning rod for controversy. Was Karl Lagerfeld too problematic to serve as a 2023 theme? Was TikTok, which had just been deemed a national security threat by the US government, an appropriate sponsor for 2024’s gala? And just how…

Ford CEO Jim Farley says making vehicles more affordable must be a priority for the industry, and he told CBS News in an exclusive interview Friday that his company is taking steps to do just that. When asked whether Americans can afford the price of new cars today, Farley responded, “Some Americans can.” “But we…

May 1 (Reuters) – GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer’s market value more than tenfold, the ‌Wall Street Journal reported on Friday. Shares of eBay, which has a market capitalization of ‌about $46 billion, soared about 14% in extended trading. GameStop gained…

A lawsuit against JPMorgan Chase executive Lorna Hajdini has drawn significant attention, bringing with it a series of shocking allegations involving sexual harassment, abuse of authority and workplace misconduct. Lorna Hajdini (L) and a building of JP Morgan Chase. (Lorna Hajdini LinkedIn and Bloomberg) The case, filed in the New York Supreme Court by complainant…

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. CNBC’s Rick Santelli could hardly hide his surprise when the latest U.S. jobs data hit the wire. “Initial jobless claims… hitting the wires at 189,000! Wow!” Santelli said on CNBC Thursday morning (1). Top Picks “That is truly incredible….

Stablecoin yield would be prohibited under a newly released agreement addressing that contentious part of the crypto market structure legislation in an approach that’s broadly similar to what’s been discussed since the start of the year. The new section of proposed Digital Asset Market Clarity Act text released Friday revealed that the compromise hashed out…

The Pittsburgh Post-Gazette will shrink to just under half its current size under its new owners, Post-Gazette employees told 90.5 WESA on Friday. And while the downsizing was no surprise, staffers expressed dismay at its magnitude — and some raised questions about whether union supporters had been targeted. The Post-Gazette newsroom is said to have…

First in the Vault. Sens. Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) have finalized a compromise to restrict stablecoin yield and rewards, a major development as the Senate looks toward a crypto markup in May. Punchbowl News has obtained the text of that agreement, which was hammered out over months of negotiations between bank and…

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By Michelle Crouch and Rose Hoban Atrium Health, the state’s largest hospital system, is seeking to combine with Raleigh-based WakeMed Health & Hospitals, an independent nonprofit with five hospitals and roughly 350 physicians, according to a press release and a document published on the Wake County board of commissioners website Friday afternoon.  With the move,…

CHICAGO (WLS) — If you are heading out to get gas on Friday, you will have to pay a lot more than you did on Thursday. Prices jumped overnight in the Chicago area. According to Triple A in Illinois, the average price is $4.85 for regular. That’s up $0.19 from Thursday. The average price is…

When most people get fired from a job, they pick up and move on. For Keyshun Jones, he allegedly went back for seconds. The 23-year-old former Chick-fil-A employee in Grapevine, Texas, has been arrested and charged with multiple felonies after allegedly stealing more than $80,000 from a franchise location using a fraudulent refund scheme, and…

Sam Altman likes to say that compute is destiny. This week, Google proved him right. Loading audio narration… After the latest round of Big Tech earnings, Google’s stock jumped 10%, while Meta, Microsoft, and Amazon either fell or stalled. If this trend holds, Google could soon become the world’s most valuable company, overtaking Nvidia. What…

Before Jeff Bezos and Lauren Sánchez Bezos make their debut as honorary co-chairs and lead financial sponsors of the Met Gala on Monday, the couple will hold court at a private pre-party over the weekend. The subject line of emailed invites to the Saturday night soiree reads, “INVITE: Jeff and Lauren Bezos Invite You.” Inside,…

In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp’s Los Angeles Refinery on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images News | Getty Images Western Texas Intermediate crude futures haven’t hit their highs…

Update: Spirit Airlines announced early Saturday morning that it had started winding down its operations and was cancelling all its flights after failing to secure a federal bailout. Read the latest here, and get our previous coverage below.  Spirit Airlines is making plans to cease operations as soon as Saturday, barring last minute intervention, CBS News…

State Sen. Patricia Fahy, center, listens to testimony from Albany Mayor Dorcy Applyrs, left, during a budget hearing this session. Fahy has proposed an opt-in luxury second-home tax outside of New York City.  Will Waldron/Times Union ALBANY — In parts of the Adirondacks, nearly one in five homes sit empty, a vacancy trend that local officials…

The Pittsburgh Post- Gazette is slashing staff as it begins operations under new ownership. At least 40% of newsroom workers are losing their jobs, and 80% of employees who had gone on strike did not receive an offer to be retained, according to Andrew Goldstein, president of the Newspaper Guild of Pittsburgh. “Coverage areas from…

April 29 was, arguably, the most important day of the second quarter for Wall Street — and I’m not talking about the four members of the “Magnificent Seven” that reported their operating results on that date. It marked the final Federal Open Market Committee (FOMC) meeting with Jerome Powell as Fed chair. May 15 represents…

(Bloomberg) — Yen traders are on watch for signs of further action by Japanese authorities after intervention triggered the currency’s sharpest rally in three years on Thursday. Most Read from Bloomberg Japan likely spent around ¥5.4 trillion, or roughly $34.5 billion, in foreign-exchange markets to prop up the yen, according to a Bloomberg analysis of…

The Lanier Law Firm lead attorney Mark Lanier joins Varney & Co. to discuss the social media addiction trial verdict against Meta and Google, comparing it to tobacco litigation. Tech giant Meta is threatening to cut off access to its social media platforms in New Mexico as a response to the state’s legal effort to…

Updated May 1, 2026, 2:10 p.m. ET Michigan gas prices jumped another 28 cents in one day. Rising gas prices are now the talk of the watercooler. The worst, some fear, is still to come as tensions rise. Michigan gas prices jumped another 28 cents in one day, hitting $4.86 a gallon, and if they…

And why wouldn’t people want them? The average price of a new vehicle in the US in 2025 rose to $50,326 by year’s end. That’s up from ~$40,000 in 2020 and $35,000 in 2015. (Those numbers are for the mean; the medians are slightly less, but the difference is not great.) Despite the sharp increase…

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Esperion shareholders to receive $3.16 per share in cash at closing, plus the right to participate in up to $100 million in aggregate contingent milestone payments Represents total equity value of up to approximately $1.1 billion ANN ARBOR, Mich., May 01, 2026 (GLOBE NEWSWIRE) — Esperion Therapeutics (Nasdaq: ESPR) (“Esperion,” or the “Company”), a commercial-stage…

After being harried by complaints that its search function needed improving, Reddit has in the last few years invested in its search engine, and has even added AI features to help its users find what they’re looking for. It appears that investment is finally paying off: The company has seen a 30% year-on-year jump in…

ExxonMobil and Chevron, America’s two largest oil companies, both reported a sharp drop in profit for the first three months of this year. But much bigger profits likely lay ahead because of rising oil prices during the war with Iran. Oil and gas prices rose in the runup to the Iran war and surged after…

Delivered first-quarter earnings of $4.2 billion, or $8.8 billion excluding unfavorable estimated timing effects of $3.9 billion and an identified item of $0.7 billion Generated earnings per share of $1.00, or $1.16 excluding the identified item, and $2.09 excluding the identified item and estimated timing effects Sustained industry-leading reliability and delivered record production in Guyana1…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. My colleagues and I will be covering Berkshire Hathaway‘s annual meeting tomorrow — its first without Warren Buffett as CEO. You can follow along with our special coverage on TV and online. S&P 500 futures are little changed this morning…