Today’s Top Business News – The Los Angeles Tribune
- With prices starting at $329, the new hardware aims at budget-conscious customers.
- Eisai and Biogen said their experimental Alzheimer’s drug significantly slowed progression of the memory-robbing disease in a large study, bolstering the drug’s prospects of approval.
- The remote hearing was held before the judge who will preside over nonjury proceedings in less than three weeks.
- The leaks, which were detected after pressure in the Nord Stream and Nord Stream 2 pipelines dropped suddenly, have sparked concerns about the safety of critical energy infrastructure.
- The index that measures average home prices in major metropolitan areas across the nation fell 0.3% in July from June, the first month-over-month decline since January 2019.
- The storm will test the state’s unusual home-insurance market, where dozens of small to midsize carriers and a state-run insurer of last resort play a leading role in paying claims.
- Minneapolis Fed President Neel Kashkari said the U.S. central bank needs to tighten monetary policy until underlying inflation is declining, and then wait to see whether it has done enough.
- The Justice Department says internal company documents show the airlines’ partnership in the Northeast hurts competition, but the carriers say real-world evidence is in their favor.
- The Facebook parent removed separate networks that were running covert influence campaigns related to U.S. politics and the war in Ukraine.
- The deal to develop a network of charging stations comes as the car-rental company says it has tens of thousands of electric vehicles in its fleet.