Delaware hospital system will pay $47 million to settle whistleblower allegations of billing fraud

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DOVER, Del. (AP) — Delaware’s largest hospital system will pay more than $47 million to settle whistleblower allegations by its former compliance officer that...

Bristol Myers Squibb acquires Karuna Therapeutics for $14 billion, boosting neuroscience portfolio

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NEW YORK (AP) — Drugmaker Bristol Myers Squibb is acquiring Karuna Therapeutics, a biopharmaceutical company that has developed a new antipsychotic, in a $14...

DOT puts airline loyalty programs under the microscope after lawmakers raise concerns

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The Department of Transportation is investigating possible deceptive practices in airline loyalty programs after federal lawmakers raised concerns about how companies are calculating points...

Engine maker Cummins agrees to pay $1.67 billion to settle claims it bypassed emissions...

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NEW YORK (AP) — Cummins Inc. has agreed to pay an over $1.67 billion penalty to settle claims by regulators that the engine manufacturer...

Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry

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WASHINGTON (AP) — The Biden administration released its highly anticipated proposal for doling out billions of dollars in tax credits to hydrogen producers Friday,...

Federal Reserve’s favored inflation gauge tumbles in November as prices continue to ease

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WASHINGTON (AP) — The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit...

Busiest holiday travel season in years is off to a smooth start with few...

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NEW YORK (AP) — The holiday travel rush hit its peak Friday as mild weather and lower flight cancelation rates raised hopes for merrier...

Biden signs an executive order aimed at financial facilitators of the Russian defense industry

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WASHINGTON (AP) — President Joe Biden signed an executive order Friday giving the U.S. Treasury Department the authority to target financial institutions that facilitate...

French President Emmanuel Macron will be the guest of honor at India’s Republic Day...

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PARIS (AP) — India has invited French President Emmanuel Macron to be the chief guest at the country's national day celebrations next month, in...

China’s BYD to build its first European electric vehicle factory in Hungary

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BUDAPEST, Hungary (AP) — One of the world's largest electrical vehicle manufacturers, China's BYD, will open its first European EV production factory in Hungary,...