AP Business Writer Amazon workers affiliated with the Teamsters union continued a strike Friday at seven of the company’s delivery hubs just days before Christmas. At midnight on Saturday, workers at a prominent unionized warehouse in New York will also join, the Teamsters said. However, the union has not indicated how many employees were participating
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SANTA BARBARA, Calif. – A 44-year-old incumbent is running against a 19-year-old in the new 21st State Senate District that stretches from San Luis Obispo to Ventura County. Teenager Elijah Mack defines himself as a Libertarian rather than a Republican. “Libertarianism just boils down to the notion that every individual has the right to live
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Workers in the fields of computer science, real estate, finance and insurance experienced the greatest bumps in working from home during the first years of the pandemic.
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Bank turmoil led Fed officials to forecast fewer rate hikes
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The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades.
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The Commerce Department reported Friday that consumer prices were up 6.3% in July from a year earlier after posting an annual increase of 6.8% in June, biggest jump since 1982.
Continue Reading Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.
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Netflix Q2 subscriber loss widens, but not as much as feared
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Twitter Inc.’s lawsuit to force billionaire Elon Musk to make good on his promise to buy the social media giant will be resolved in a small but powerful Delaware court that specializes in high-stakes business disputes.
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Stocks are wavering through a shaky day of trading on Wall Street Wednesday after a highly anticipated report on inflation turned out to be even worse than expected.
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Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June
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The unemployment rate remained at 3.6% for a fourth straight month, matching a near-50-year low that was reached before the pandemic struck in early 2020.
Continue Reading By SAM METZ Associated Press SALT LAKE CITY (AP) — Federal officials and tribal nations have formally reestablished a commission to oversee land management decisions at a national monument in Utah — among the first such joint governance agreements signed by Native Americans and U.S. officials. Leaders from agencies including the Bureau of Land Management
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NEW YORK (AP) — U.S. financial markets will observe the Juneteenth holiday for the first time Monday. Last year, Juneteenth was designated a federal holiday to mark the effective end of slavery in the U.S. Since June 19 falls on a Sunday this year, it will be observed on Monday. On June 19, 1865, Union
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By HALELUYA HADERO and KELVIN CHAN Associated Press NEW YORK (AP) — Bitcoin has fallen below $20,000 for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, dropped under the psychologically important threshold on Saturday. It plunged as much as 9.7% to
Continue Reading DENVER (AP) — Frontier Airlines is sweetening its offer for Spirit Airlines just a week before Spirit shareholders vote on the deal. Spirit and Frontier said late Thursday that they have amended their agreement, and Frontier will pay a $250 million termination fee if it can’t complete the deal. JetBlue, which is also trying to
Continue Reading By MICHAEL LIEDTKE AP Technology Writer California regulators on Thursday gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves on increasingly congested roads. The California Public Utilities Commission
Continue Reading CHICAGO (AP) — Chicago Public Media on Thursday named Jennifer Kho to be the executive editor of the Chicago Sun-Times. Kho, the former managing editor of HuffPost and Guardian US, will be the first woman and the first person of color to lead the Sun-Times newsroom. She will start her new position Wednesday and relocate
Continue Reading By HALELUYA HADERO AP Business Writer Congressional Democrats are accusing Amazon of obstructing their investigation into the company’s labor practices during severe weather events. Amazon’s policies have been under scrutiny since the deadly collapse of a company warehouse last year in Edwardsville, Illinois. Regulators found Amazon’s Edwardsville facility met minimal federal safety requirements for storm
Continue Reading By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A jury said it was deadlocked Thursday in its deliberations of charges against a Colorado businessman accused of defrauding thousands of investors in a wall along the southern U.S. border hours after 11 jurors turned against one juror, accusing him of “political bias” and saying he’d
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