Business

Steward Health Care CEO Ralph de la Torre filed a lawsuit Monday against a U.S. Senate committee that pursued contempt charges against him for failing to appear before the panel despite being issued a subpoena. The lawsuit, filed in federal court in Washington, named nearly all members of the Health, Education, Labor and Pensions Committee, including Sen. Bernie Sanders, who chairs the committee which…

More than 40 trillion gallons of rain drenched the Southeast United States in the last week from Hurricane Helene and a run-of-the-mill rainstorm that sloshed in ahead of it — an unheard of amount of water that has stunned experts. That’s enough to fill the Dallas Cowboys’ stadium 51,000 times, or Lake Tahoe just once. If it was concentrated just…

The US Justice Department plans to allege that Visa Inc. illegally monopolized the US debit card market, according to people familiar with the matter. The antitrust division is set to file a lawsuit as soon as Tuesday accusing the operator of the largest US payments network of a range of anticompetitive conduct, said the people, who asked not to be…

Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale — is shuttering its last full-scale store in mainland United States. The store, located in swank Bridgehampton, New York, on Long Island, is slated to close Oct.…

Microsoft Corp. unveiled a new $60 billion stock-buyback program, matching its largest-ever repurchase authorization, and raised its quarterly dividend 10%. The software company said shareholders as of Nov. 21 will receive a quarterly dividend of 83 cents a share, compared with the current 75 cents. The share repurchase agreement, which has no expiration date, replaces a $60 billion buyback program…

A patient with a degenerative disease was able to command Amazon’s Alexa digital assistant with his mind, the company behind the technological innovation announced Monday, letting him stream shows and control devices with only his thoughts. An implant in a blood vessel on the surface of the 64-year-old man’s brain let him mentally “tap” icons on an Amazon Fire tablet,…

Calling it “unserious and unacceptable,” House Democratic leader Hakeem Jeffries rejected on Monday a proposal from Speaker Mike Johnson that links continued government funding for six months with a measure to require proof of citizenship when registering to vote. The response frames the spending battle to come over the next weeks as lawmakers work to reach consensus on a short-term spending bill…

James Earl Jones, who overcame racial prejudice and a severe stutter to become a celebrated icon of stage and screen — eventually lending his deep, commanding voice to CNN, “The Lion King” and Darth Vader — has died. He was 93. His agent, Barry McPherson, confirmed Jones died Monday morning at home in New York’s Hudson Valley region. The cause was…

The U.S. dollar saw a modest decline but stayed close to its nearly two-week high, with investor attention turning to the forthcoming U.S. jobs report expected at the week’s end. At 18:40 EST (22:40 GMT), the was down 0.1% at 101.64. The was little changed at 1.1070. The report, set to be released on Friday, is anticipated to play a…

By Pavel Polityuk and Vladyslav Smilianets KYIV (Reuters) – Loud explosions rocked Ukraine’s capital Kyiv early on Monday as Russia launched a barrage of missiles, sparking fires and damaging homes and infrastructure, officials said. Residents across the city were awoken by a quick succession of bangs and the sound of air defence missiles blasting off skyward to intercept targets. The…