Electric vehicle manufacturer Rivian Automotive Inc. SHORE -0.66% is moving parts of its manufacturing engineering team to its Illinois plant as part of a reorganization aimed at speeding up production, according to a person familiar with the plan. The reorganization is expected to be announced soon and will require a significant portion of the engineering … Read more
Regulators and officials across the European Union are worried about possible contagion to their banking sectors after the recent turmoil in the United States. However, they believe that the United States should learn from some of the regulatory work put in place in the euro zone. Basel III is a set of reforms that strengthens … Read more
Coffee lovers reassure themselves. America’s favorite stimulant may not be so dangerous for heart health after all, but there may still be other health effects, researchers say. Coffee consumption does not increase abnormal heartbeats associated with an increased risk of the most common heart rhythm disorder, according to a new study published Wednesday in the … Read more
Bill Gates has said he thinks artificial intelligence is the most revolutionary technology he’s seen in decades, on par with computers, cellphones and the internet. “The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the Internet and the mobile phone,” he wrote in a blog post on Tuesday. … Read more
Modern Inc. mrna -0.78% will cost its Covid-19 vaccine about $130 a dose when it transitions to commercial vaccine distribution later this year, far more than the federal government has paid. The plans have fueled criticism of the company from lawmakers who explored the cost of the shootings during a Senate hearing on Wednesday. The … Read more
Office drama is brewing when employees — and their bosses — are allowed to use ChatGPT at work. Generative artificial intelligence technology from OpenAI – a billion-dollar-backed startup from Microsoft Corp. – was launched at the end of November and was immediately adopted by many workers to create professional-looking emails and PowerPoint presentations, as well … Read more
Candida auris is a yeast responsible for many infections. Resistant to most antifungal drugs, this fungus causes several deaths around the world. BSIP | Universal Image Group | Getty Images An often drug-resistant fungus has spread at an “alarming rate” in healthcare settings across the United States, according to the Centers for Disease Control and … Read more
WASHINGTON (AP) — It seemed like a good idea at the time: Democrats in the red state facing bleak re-election prospects would join Republicans in reducing banking regulation — demonstrating a willingness to work with President Donald Trump while opposing many members of their party. This unlikely coalition voted in 2018 to strike down parts … Read more
Posted: March 19, 2023 7:05 PM ET Senator Elizabeth Warren is calling for an independent investigation into the Federal Reserve and “the entire regulatory system” after the worst banking sector crisis in more than a decade. Speaking on ABC News’ “This Week” on Sunday, the Massachusetts Democrat said the chaos of the past two weeks … Read more
Butter. Burgers. Sausages. Store-bought pastries, cakes and cookies. Oh, and sodas, sweet or diet. They’re all bad, and they all increase our risk of dementia – by a lot. So reports one of the largest and most chilling studies ever, involving around 60,000 people in their 40s, 50s and 60s. The study, involving massive numbers … Read more
