Business

Millions of prescription eye drops recalled nationwide over contamination concerns

More than 2.5 million bottles of a prescription steroid eye medication are being recalled nationwide after the Food and Drug Administration classified the action as a Class II recall over concerns about foreign material found in the product. Lupin Pharmaceuticals Inc. voluntarily recalled 2,530,182 bottles of prednisolone acetate ophthalmic suspension…

Trump turns NATO spending fight into win for US defense companies

President Donald Trump is returning from the annual NATO summit in Turkey having secured several deals involving allies investing in U.S. defense companies and moving to expand production in Europe. The White House on Thursday released a fact sheet outlining $3 billion in deals and joint ventures involving U.S. defense…

FAA begins DJT transition as Trump airport rename takes effect

The Federal Aviation Administration on Thursday began transitioning Palm Beach International Airport to its new Donald J. Trump International Airport designation, changing the airport’s FAA locational identifier from PBI to DJT as the renaming officially took effect. The name change was required under legislation signed by Florida Gov. Ron DeSantis…

USPS to raise stamp prices: Here’s what mailing a letter will cost

The cost of mailing a letter will climb again this summer after federal regulators approved another round of U.S. Postal Service (USPS) price increases, including a 4-cent increase in the price of a Forever stamp. The Postal Regulatory Commission on Wednesday approved USPS’ proposed mailing services price changes, clearing the…

Some Bay Area homes are selling M above asking amid AI boom

The artificial intelligence (AI) boom is causing a fierce bidding war for some luxury homes in the San Francisco Bay Area, with dozens of homes selling more than $1 million above asking price last month. Mike Simonsen, chief economist at Compass International Holdings, noted in a post on X citing…