Ticker: Shoplifting ring stole $2M in cosmetics and clothes; Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory

Rivian is battling a class-action securities fraud case in California tied to its much-hyped initial public offering three years ago.

The agreement will allow Trump's transition staff to coordinate with the existing federal workforce before taking office on Jan. 20.

U.S. President-elect Donald Trump's transition team has signed a memorandum of understanding with the White House on preparations for Trump to take office on Jan. 20, Trump's incoming chief of staff said in a statement on Tuesday.

U.S. President Joe Biden gets emotional during a closing speech and toast with U.S. First Lady Jill Biden during a dinner on the South Lawn of the White House in Washington, U.S., November 22, 2024. REUTERS/Annabelle Gordon/File Photo ABOARD AIR FORCE ONE (Reuters) - President Joe Biden and First Lady Jill Biden will attend President-elect Donald Trump's inauguration in January,

The Biden administration wants to expand coverage of anti-obesity medications to millions on Medicare, Medicaid.

President Joe Biden’s proposal to have GLP-1 weight-loss drugs such as Ozempic and Mounjaro covered by Medicare and Medicaid would help tackle the public-health crisis of obesity, but it would raise the costs for the government programs by billions of dollars per year.