The Philadelphia area’s federal workforce was cut back by thousands last year under President Donald Trump — and for the first time, which agencies were hit the hardest by job loss has become clear.

Since Trump took office, his administration has sought to shrink and reshape the federal workforce. Last year, government agencies laid off ...Read more

The Wharton School is no longer the top-ranked business school in the country, according to an annual list from U.S. News & World Report.

The University of Pennsylvania’s business school, which held the No. 1 spot in 2025, fell to No. 2 this year. Wharton has shared the top spot with other schools in recent years.

The change “was primarily...Read more

After several failed attempts to spin off Pinnacol Assurance through the state budget, supporters are now taking a different route — pushing new legislation that would lay the groundwork to convert Colorado’s workers’ comp program to a private entity.

Speaker Julie McCluskie, a Dillon Democrat, said she planned to introduce a bill in the ...Read more

Imagine you're shopping for a home. You've been scouring Zillow and Redfin for months with no luck. But, unbeknown to you, your dream home is actually for sale — you’ll just never see it, let alone get a chance to compete for it.

That scenario is a nightmare for homebuyers, and for the group in charge of Washington's real estate listing ...Read more

U.S. health insurers have made it easier for doctors to get approval before providing certain types of treatment, industry groups said, calling it a sign of progress toward alleviating burdensome delays for patients.

Major health plans said they collectively removed thousands of prior authorization requirements for medical procedures since they...Read more

U.S. shale drillers are expected to follow President Donald Trump’s call for higher oil production — but not just because he said so.

The 72% surge in crude prices since the U.S. and Israel commenced attacks on Iran roughly five weeks ago is incentive enough to compel American oil executives to ramp up output, according to observers as ...Read more

General Mills plans to eliminate more than 160 jobs as it closes its pizza crust plant in St. Charles, Missouri, a company official told state regulators this month.

Minneapolis-based General Mills Inc. expects the job cuts to occur on or about June 8, or within two weeks of that date, the Thursday notice to Missouri officials said.

In total, ...Read more

Aerospace startup Hermeus is moving its headquarters to El Segundo from Atlanta as it aims to build autonomous hypersonic aircraft for the military, the latest sign of revival in the region's aerospace and defense sectors.

The company, valued at $1 billion, is opening executive offices and a facility where it will design and build its next ...Read more

Some employees called it the “dash for cash.”

Months after Kaiser Permanente doctors saw a patient, federal prosecutors said, administrators pushed the physicians to add new, false diagnoses to the medical record in a billion-dollar scheme to defraud the government. Kaiser in February paid $556 million to settle the allegations.

“...Read more

Amazon.com Inc. has reached a new agreement with the U.S. Postal Service, providing a lifeline to the beleaguered government agency and securing delivery for customers in rural America.

Under the deal, Amazon will retain about 80% of ​its existing deliveries ​with USPS, or more than ‌1 ⁠billion packages per year, according to a person ...Read more

Phillips 66 estimated nearly $1 billion in losses from its short position in oil and other related commodity derivative contracts in the first quarter as the war in Iran sent crude and fuel prices skyrocketing.

The refiner projects impacts of $900 million on its standard net-short position on crude, refined oil products, natural gas liquids and...Read more

Anthropic PBC said its revenue run rate has now topped $30 billion, up from $9 billion at the end of 2025, and confirmed plans to work with Broadcom Inc. and Google to power its burgeoning operations.

The AI startup said that demand for its Claude services has accelerated this year, with more than 1,000 business customers spending over $1 ...Read more

General Motors Co.’s vehicle brand names are no longer displayed on the Renaissance Center's digital signage.

The vehicle brand names had appeared after the GM logo was removed from the tallest tower in January when the company moved its headquarters to Bedrock's Hudson's Detroit on Woodward, said GM spokesperson Kevin Kelly.

GM, which owns ...Read more

Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination notices to potentially thousands of employees worldwide.

The software and cloud services company will eliminate 312 jobs in Redwood City, 184 positions in Santa Clara and 158 jobs in Pleasanton, according to WARN notices that ...Read more

OpenAI has asked Attorney General Rob Bonta to investigate allegations that Tesla executive Elon Musk and Meta executive Mark Zuckerberg are working together to undermine OpenAI’s philanthropic efforts and boost Musk’s ongoing lawsuit against the artificial intelligence behemoth and its chief executive, Sam Altman.

Last month, OpenAI ...Read more

Amazon will charge some sellers on its platform a 3.5% surcharge later this month, as the war in Iran drives up oil prices and increases the e-commerce giant’s costs.

The affected sellers are the critical mass of Amazon’s online marketplace, independent merchants that sell products through Amazon and also rely on the company for packing and...Read more

SpaceX and investment bankers will host meetings to pressure-test the Elon Musk-led company’s targeted $2 trillion valuation, a crucial step as it drives toward the largest-ever initial public offering, people familiar with the matter said.

Two months after a merger with xAI, senior bankers are poised to begin talks around the rocket, ...Read more

One of the hottest tickets for the events surrounding Super Bowl LX in February was a party thrown at the Cow Palace in San Francisco by Sports Illustrated, where attendees could hang with Justin Bieber, Kevin Hart and Travis Kelce.

The magazine's logo and a team of models from its latest annual swimsuit issue were present at another pre-game ...Read more

As the Bay Area job market kicked off 2026 with a surge of hiring, data shows 2025 produced a far more sturdy employment picture in the region and California than state labor officials first reported, according to revisions of initial estimates.

After first reporting that the region lost 20,000 jobs in 2025, the latest yearly revision from the ...Read more

Thousands of striking employees will return to work at the JBS meatpacking plant in Greeley on Tuesday after the company agreed to return to the negotiating table, union officials said Saturday.

The strike at one of the country’s largest meatpacking plants was set to enter its fourth week after 3,800 JBS workers walked off the job on March 16...Read more