CVS to lay off 5,000 employees as it seeks to cut costs

The Rhode Island-based pharmacy giant said in a statement that it is eliminating "a number of non-customer facing positions" throughout the company

US trucking giant Yellow shutting down operations amid standoff with Teamsters union

The end of the road comes after the company earlier this month averted a strike by some 22,000 Teamsters-represented workers, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals.

Mega Millions ticket worth $1.5 million sold in California

As the nation continues to await the Mega Millions jackpot winner – a lotto player who bought a ticket in California may have won up to $1.5 million Friday night.

Mega Millions jackpot surges to $910 million after months without big winner

The estimated $910 million prize has been building since someone last matched all six numbers and won the jackpot April 18. Since then, there have been 28 straight drawings without a jackpot winner.

Mega Millions jackpot climbs to $910M
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Lottery fever heats up after the Mega Millions jackpot climbed to $910 million.

Hotel workers picket for better pay
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Guests of this five-star hotel got a different kind of greeting Wednesday. The pickets from striking hotel workers filled the sidewalk from the Beverly Hilton on the north to the Waldorf Astoria to the south.

Tesla poised to become best-selling automaker in California

Tesla sold more cars than rival and longtime best-selling California brand, Toyota, in the second quarter of 2023.

Federal Reserve raises key interest rate for 11th time by a quarter-point in effort to slow inflation

The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession.

Mega Millions jackpot jumps to $820 million

Tuesday's drawing is now the fifth largest Mega Millions jackpot in the history of the game.