Drugmaker Akorn goes bankrupt, recalls medicines for people, pets

The company terminated all employees at its US sites and discontinued its Quality program, leading to a voluntary recall of various products.

Silicon Valley Bank failure: Fed partly blames itself for collapse

Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve said Friday, in a highly-anticipated review of how the central bank failed to properly supervise the bank before it collapsed early last month.

Target expands locked merchandise cases to hit back at shoplifting

One of the things Target has utilized to curb shoplifting is locked-up cases. A Target spokesperson says the company is taking a "multi-layered approach to combating theft."

Tech sector continues to shed jobs as Dropbox lays off 500

Employees affected by the Dropbox layoffs will get 16 weeks pay as severance, plus an additional week's pay for every year of tenure.

The Fed is expected to raise interest rates again in May: Economists

The Fed is expected to raise interest rates by 25 basis points again in May, according to a poll of economists. This is what you need to know.

People spent 24% more time on Instagram after launch of AI-powered Reels, Zuckerberg says

People are spending even more time on Instagram due to short-form video content they’re seeing in their feed through AI recommendations, according to Meta CEO Mark Zuckerberg.

Knowing how insurance rates are calculated could save drivers money: survey

Roughly 80% of American drivers surveyed can't identify the factors used to determine car insurance rate, a survey by the Zebra said. This knowledge gap could be costing them on their auto insurance premiums.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Supreme Court allows $6 billion in payments to continue in student loan relief case

The Supreme Court of the United States (SCOTUS) has declined to block a $6 billion student loan settlement involving more than 200,000 students who accused their schools of fraudulent activity. But not all borrowers qualify for relief. Here’s what you need to know.

GM ditching Chevy Bolt, shifting to electric trucks

General Motors is ready to move on from its top-selling electric vehicle to make room for larger models that run on new battery technology.

Black Restaurant Week in Milwaukee highlights eateries, entrepreneurs

Milwaukee's eighth annual Black Restaurant Week highlights Black-owned eateries and the hardworking entrepreneurs behind them. It kicked off April 25.