General Electric, once one of the most widely held stocks in America by individual investors, will divide itself into three public firms focused on aviation, health care and energy. Founded in 1892 in part by storied inventor Thomas Edison, GE never fully recovered from the heavy damage it suffered during …

A 9-year-old is “fighting for his life” after he was trampled during the deadly crowd surge at the Astroworld festival, attorneys for his family said Tuesday. The boy suffered “life-threatening injuries” and has been placed in a medically induced coma to combat severe brain, liver and kidney trauma, the attorneys …

Lowering prescription drug prices is among the Biden administration’s most urgent priorities. But the drug industry is spending big to keep that from happening.  A new compromise on Capitol Hill would offer some relief from high prices by gradually allowing Medicare to negotiate drug prices similar to private insurers for …

A misdemeanor complaint that alleges forcible touching has been filed against former New York Governor Andrew Cuomo, according to a copy of the document provided to CBS News by the state’s court system on Thursday. The news comes after several sexual harassment allegations led Cuomo to resign in August. The …

A White man has been awarded $10 million by a federal jury that sided with his claim he was fired as part of a diversity effort by employer Novant Health. David Duvall, Novant’s senior vice president of marketing and communications, was terminated without any notice on July 30, 2018, by …

The Justice Department announced Friday a cross-government effort to investigate and prosecute redlining, the practice of banks discriminating against racial minorities or certain neighborhoods. It is the first major expansion of redlining investigations since the Obama administration. As part of the effort, the Justice Department as well as the Consumer …

Henrico, VA —  First lady Jill Biden hit the campaign trail on Friday for Virginia Democrat Terry McAuliffe, whose race for governor against Republican Glenn Youngkin appears tight with less than three weeks until Election Day. “Virginia needs someone who will work toward progress, not refight the battles of our …

A bankruptcy move from Johnson & Johnson could stall any talcum powder settlements for the thousands of families that have sued the company for billions of dollars in damages in recent years. Officials with Johnson & Johnson said they have created a new subsidiary called LTL Management. Johnson & Johnson …

California became the first state to say large department stores must display products like toys and toothbrushes in gender-neutral ways, a win for LGBT advocates who say the pink and blue hues of traditional marketing methods pressure children to conform to gender stereotypes. The new law, signed by Democratic Gov. …

Washington — Dr. Francis Collins, director of the National Institutes of Health (NIH), will step down from his role at the agency by the end of the year, he announced Tuesday. Collins, a physician-geneticist, took the helm of the health agency in 2009 and went on to serve three presidents …