Genetic testing company 23andMe will attempt to sell itself under supervision of a court after filing for Chapter 11 bankruptcy protection. The company, which never turned a profit, cut about 40% of its workforce in recent months. Officials say the company plans to operate through the sales process.
Category Archives: business
Four hurdles facing Republicans as they shift focus to a bill to pass Trump’s agenda
Medicaid cuts, a potential $4.6 trillion asterisk, a House-Senate divide, and a major debt ceiling question loom over Speaker Johnson’s push to pass the massive bill by Easter.
Trump targets lawyers who he says file ‘frivolous’ lawsuits against his administration
A new memo from Trump authorizes the attorney general and the homeland security secretary to sanction law firms that file lawsuits they deem “frivolous.”
Attorney General Pam Bondi says Supreme Court could get involved in Alien Enemies Act case
Attorney General Pam Bondi criticized judges who have struck down or paused portions of Trump’s agenda and said the Supreme Court will ultimately hear the Alien Enemies Act case.
No. 1 seed Florida makes late comeback to survive against eighth-seeded UConn
The No. 1 seed Florida Gators made a late comeback to avoid an upset Sunday, surviving against the defending champion No. 8 seed Connecticut Huskies with a 77-75 win.
Segway recalls 220,000 scooters after injuries from falls
Segway is recalling about 220,000 of its scooters sold across the U.S. due to a fall hazard that has resulted in user injuries ranging from bruises to broken bones.
Canadian Prime Minister Mark Carney calls for snap election amid trade war with U.S.
Canadian Prime Minister Mark Carney has called for a snap election amid a festering trade war and annexation threats from U.S.
GOP senator says it’s not honest to say ‘we’re not going to touch’ Social Security
Sen. John Curtis (R-Utah) says he believes conversations need to happen around changes to Social Security as Elon Musk suggests cuts to entitlements.
Trump hints at ‘flexibility’ for China even as he plows ahead with global tariff plans
Markets whipsawed further Friday in response to President Donald Trump’s latest comments on tariffs, with stocks briefly turning higher after he hinted that there may be “flexibility” in his plan to impose blanket tariffs on most U.S. trading partners next month before retreating back into the red.
Protesters gather outside Tesla showrooms and dealerships to denounce Elon Musk and DOGE
Hundreds of protesters gathered outside the Tesla showroom in the Meatpacking District of Manhattan today as a part of the “Tesla Takedown” movement.