Business

Frozen Waffle Products Are Recalled Over Listeria Risk

Nearly 700 frozen waffle products, some of them sold under the brands of major retailers like Kroger, Target and Walmart, were recalled on Friday over concerns of potential contamination with the bacteria Listeria monocytogenes, according to their manufacturer. The manufacturer, TreeHouse Foods, issued a voluntary recall and said in a …

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Money Market Rates Are Lower, Yes. But Compared to What?

When money market interest rates broke above 5 percent last year, it was a wake-up call for many investors who had grown accustomed to getting almost nothing for their money at banks. Hundreds of billions of dollars flowed into the funds, which swelled in size month after month. Now that …

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Veterans Dept. Investigating Acadia Healthcare for Insurance Fraud

The Veterans Affairs Department is investigating whether Acadia Healthcare, one of the country’s largest chains of psychiatric hospitals, is defrauding government health insurance programs by holding patients longer than is medically necessary, according to three people with knowledge of the inquiry. The investigation, led by the agency’s inspector general, comes …

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CVS Ousts Karen Lynch as C.E.O. and Shares Fall

CVS Health abruptly ousted its chief executive, Karen S. Lynch, on Friday as the pharmacy and health care conglomerate struggled with sluggish growth and faced pressure from investors. The company appointed David Joyner, the head of CVS Caremark, its successful unit overseeing prescription drug benefits, as the new chief. The …

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Tesla Self-Driving System Will Be Investigated by Safety Agency

Tesla’s plan to build fleets of self-driving cars suffered a setback on Friday when the main federal auto safety regulator said it was investigating whether the technology was to blame for four collisions, including one that killed a pedestrian. The regulator, the National Highway Traffic Safety Administration, said it was …

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