Business

FDA Clears Path for Over-the-Counter Hearing Aids

FDA Clears Path for Over-the-Counter Hearing Aids

The Food and Drug Administration decided on Tuesday to allow hearing aids to be sold over the counter without a prescription to adults, a long-sought wish of consumers frustrated by expensive exams and devices. The high cost of hearing aids, which are not covered by basic Medicare, has discouraged millions of Americans from buying the …

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Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Exclusive: Tencent plans to divest Meituan stake worth $24 billion

Tencent seeks to kick off Meituan stake sale this year-sources Dirty seeks to place regulators, monetize 8-year-old bet-sources Stake sale likely to be done as a block trade – sources Move comes after Tencent’s divestments of JD.com, SEA stakes Meituan shares sink 10%; Tencent shares recover HONG KONG, Aug 16 (Reuters) – China’s Tencent Holdings …

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Amazon workers at California air hub walk off job

Amazon workers at California air hub walk off job

Workers at Amazon’s San Bernardino air hub in Southern California marched off the job Monday in protest for better wages and working conditions. Why it matters: More than 150 people participated in the walkout as part of the first coordinated labor action in Amazon’s growing air cargo network, according to the Washington Post. Yes, goal: …

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The summer rally has been very bullish, but strategists say a big sell-off next month is possible

The summer rally has been very bullish, but strategists say a big sell-off next month is possible

Stocks’ summer rally may mean the worst of the bear market is over, but even so, strategists who watch charts say another big downdraft is possible in September. Some strategists, in fact, say from a technical standpoint the market could have already launched into a new bull cycle. Others disagree, saying they need more confirmation …

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Bitcoin, Ethereum, Dogecoin Rally Halts As Chinese Data Disappoints: Are Investors Already Engaging In Profit-Taking?

Bitcoin, Ethereum, Dogecoin Rally Halts As Chinese Data Disappoints: Are Investors Already Engaging In Profit-Taking?

Bearish sentiment kept major coins lower on Monday evening as the global cryptocurrency market cap declined 1.05% to $1.15 trillion at press time. Price Performance Of Major Coins Corner 24 hours 7-day Price Bitcoin BTC/USD -1% 0.8% $24,020.13 …

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FAA cancels New York ground delays triggered by staffing issues

FAA cancels New York ground delays triggered by staffing issues

(CNN) — The Federal Aviation Administration has canceled an earlier warning that flights in and out of New York City area airports could be delayed up to two hours Monday night because of a shortage of air traffic controllers. “The New York City airspace now has some additional staffing, allowing us to cancel the ground …

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Dow Jones Futures Fall: Fed Minutes, Home Depot, Walmart Earnings Up Next

Dow Jones Futures Fall: Fed Minutes, Home Depot, Walmart Earnings Up Next

Dow Jones futures were lower after Monday’s stock market action. Dow Jones stocks Home Depot (HD) and walmart (WMT) will report ahead of Tuesday’s open followed by key economic data — Fed minutes and US retail sales — on Wednesday. X Fabrinet (FN) and ZipRecruiter (ZIP) were key earnings movers after the close Monday. Fabrinet …

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