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US Business

Theranos Founder Holmes Is Denied a Bid for New Trial

November 8, 2022 Erin Slifka Comments Off on Theranos Founder Holmes Is Denied a Bid for New Trial
A federal judge denied Elizabeth Holmes’s bid for a new trial, the latest setback for the Theranos founder who was convicted of fraud in January.

[…]

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US Business

Lyft Shares Slide After Disappointing Revenue and Ridership Numbers

November 7, 2022 Erin Slifka Comments Off on Lyft Shares Slide After Disappointing Revenue and Ridership Numbers
The company said its revenue growth slowed and that the number of people using its service remained below prepandemic levels. Its shares fell more than 13% after hours.

[…]

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US Business

Foxconn Plans to Invest $170 Million in EV Truck Maker Lordstown Motors

November 7, 2022 Erin Slifka Comments Off on Foxconn Plans to Invest $170 Million in EV Truck Maker Lordstown Motors
The Ohio-based startup plans to use the funds to hire engineers, and will jointly develop an electric vehicle with the Taipei-based contract manufacturer known for its work with Apple.

[…]

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US Business

Elon Musk Says Twitter Will Permanently Ban Users Who Impersonate Others

November 7, 2022 Erin Slifka Comments Off on Elon Musk Says Twitter Will Permanently Ban Users Who Impersonate Others
The platform’s new owner announced the policy after Kathy Griffin and other celebrities sent tweets under his name.

[…]

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US Business

Walgreens Unit Close to Roughly $9 Billion Deal With Summit Health

November 6, 2022 Erin Slifka Comments Off on Walgreens Unit Close to Roughly $9 Billion Deal With Summit Health
Village Practice Management would combine with Summit Health, the parent company of CityMD urgent-care centers, in an agreement that could be reached as early as Monday, people familiar with the matter said.

[…]

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US Business

Apple Warns iPhone Production Disrupted by China Covid-19 Restrictions

November 6, 2022 Erin Slifka Comments Off on Apple Warns iPhone Production Disrupted by China Covid-19 Restrictions
The company’s high-end iPhone 14 Pro and Pro Max models are being affected by reduced production capacity.

[…]

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US Business

Meta Plans to Begin Large-Scale Layoffs This Week

November 6, 2022 Erin Slifka Comments Off on Meta Plans to Begin Large-Scale Layoffs This Week
The social-media giant’s planned cuts are expected to affect many thousands of its workforce, which exceeded 87,000 as of September.

[…]

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US Business

Frackers Say Oil Production Slowing in the Shale Patch

November 6, 2022 Erin Slifka Comments Off on Frackers Say Oil Production Slowing in the Shale Patch
U.S. oil-and-gas companies offer little relief for tight global market.

[…]

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US Business

Musk Defies Management Mantras With Rapid Overhaul at Twitter

November 6, 2022 Erin Slifka Comments Off on Musk Defies Management Mantras With Rapid Overhaul at Twitter
In his first week at Twitter, the billionaire fired top leaders, conducted sweeping layoffs and hinted that other changes could be on the way.

[…]

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US Business

U.S. Added 261,000 Jobs in October

November 6, 2022 Erin Slifka Comments Off on U.S. Added 261,000 Jobs in October
The report points to a labor market that remains resilient despite some recent signs of cooling following the Federal Reserve’s aggressive pace of interest rate increases.

[…]

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U.S. Business News

  • The Middle East Has Been Good for Trump’s Bottom Line
    July 1, 2026 Comments Off on The Middle East Has Been Good for Trump’s Bottom Line
  • Inside the Multimillion Dollar Saga to Make a Naturally Blue M&M
    July 1, 2026 Comments Off on Inside the Multimillion Dollar Saga to Make a Naturally Blue M&M
  • The World’s Top Economists Are Sounding the Alarm on AI
    July 1, 2026 Comments Off on The World’s Top Economists Are Sounding the Alarm on AI
  • McKinsey Shakes Up Its Board After Scandals Over Past Work With Clients
    July 1, 2026 Comments Off on McKinsey Shakes Up Its Board After Scandals Over Past Work With Clients
  • Google Must Pay Nearly $2 Billion to Klarna in Antitrust Case
    July 1, 2026 Comments Off on Google Must Pay Nearly $2 Billion to Klarna in Antitrust Case

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  • The Middle East Has Been Good for Trump’s Bottom Line
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    Joplin Business Outlook, launched by the Joplin Area Chamber of Commerce, is an online business journal for the Joplin business community.   Curated by the Chamber staff, the Joplin Business Outlook is a compilation of news [...]
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