Breaking News

No Driver? No Problem. Robotaxis Eye San Francisco Expansion

SAN FRANCISCO — Two trailblazing ride-hailing services are heading toward uncharted territory as they seek regulatory approval to transport passengers around the clock throughout one of the most densely populated U.S. cities in vehicles that will have no one sitting in the driver’s ...

Hospice CEO Named To National Group

LAKEWOOD — Mike Testa, Chautauqua Hospice and Palliative Care CEO, has been named to the National Hospice and Palliative Care Organization’s (NHPCO) Quality and Standards Committee. The committee is a national body that consists of 33 members, and Testa is one of nine new members named ...

J&J Proposes $8.9B Talcum Powder Lawsuit Settlement

NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability. Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history. The $8.9 billion that J&J would transfer to the subsidiary, LTL Management, would be payable over the ...

Explaining World Economy’s Resilience

WASHINGTON — Over the past year, the world economy has withstood the combined shocks of high interest rates and a war in Ukraine better than just about anyone expected. The International Monetary Fund, among other agencies, has upgraded its economic forecast for 2022. Europe has defied ...

Unfilled Market

Well, it was nice while it lasted. For nearly a year, the average used vehicle in the United States had been edging toward affordable again for millions of people. The relief felt belated and relatively slight, but it was welcome nonetheless. From an eye-watering peak of $31,400 in April ...

Average Long-Term Mortgage Rate At Lowest Level In Six Weeks

The average long-term U.S. mortgage rate inched down this week to its lowest level in six weeks, just as the spring buying season gets underway. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell for the third straight week, to 6.32%, from 6.42% ...