Business

Workers Strike Three Detroit Automakers in Battle For a Bigger Share of Industry Profits

DETROIT (AP) — About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t... Read More

DETROIT (AP) — About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t bridge a giant gap between union demands in contract talks and what Detroit’s three automakers are willing to pay. Members... Read More

2023-09-13 20:24:53
by Dan McCue
Amazon Invests in Direct Air Capture of Carbon Emissions

SEATTLE — Amazon said Tuesday that it is making two sizable investments intended to further both the development of direct... Read More

SEATTLE — Amazon said Tuesday that it is making two sizable investments intended to further both the development of direct air capture technologies to scrub the atmosphere of harmful carbon and its own goal to reach net-zero carbon emissions by... Read More

Higher Investment Means Hyundai Could Get $2.1B in Aid to Make EVs in Georgia

SAVANNAH, Ga. (AP) — The state of Georgia and local governments are on track to give $2.1 billion in tax... Read More

SAVANNAH, Ga. (AP) — The state of Georgia and local governments are on track to give $2.1 billion in tax breaks and other incentives to Hyundai Motor Group after the South Korean automaker and a partner announced last month that it will... Read More

Google's Search Dominance Challenged in Biggest Antitrust Trial in Decades

WASHINGTON (AP) — Google has exploited its dominance of the internet search market to lock out competitors and smother innovation,... Read More

WASHINGTON (AP) — Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the Department of Justice charged Tuesday at the opening of the biggest U.S. antitrust trial in a quarter century. “This... Read More

2023-08-30 21:58:38
by Dan McCue
HHS Said to Recommend Easing Federal Restrictions on Cannabis

WASHINGTON — Officials at the Department of Health and Human Services are reportedly recommending the easing of restrictions on cannabis,... Read More

WASHINGTON — Officials at the Department of Health and Human Services are reportedly recommending the easing of restrictions on cannabis, a move, if approved by federal law enforcement, that could usher in a new era for the burgeoning though still... Read More

2023-08-21 17:21:08
by Dan McCue
Hospitality Community Under Threat Due to Soaring Liability Insurance Rates

CHARLESTON, S.C. — Three years after the coronavirus pandemic temporarily shuttered bars and restaurants across the state of South Carolina,... Read More

CHARLESTON, S.C. — Three years after the coronavirus pandemic temporarily shuttered bars and restaurants across the state of South Carolina, soaring liquor liability insurance rates threaten to close them permanently, according to the members of a local grassroots business organization.... Read More

Microsoft's Mega Merger With Activision Raises Alarms for Consumers and Competition

Microsoft, worth over $2.5 trillion, is the second-largest company the world has ever known. It’s also the fourth-largest video gaming... Read More

Microsoft, worth over $2.5 trillion, is the second-largest company the world has ever known. It’s also the fourth-largest video gaming company by revenue, powered by an acquisition spree that has seen Microsoft’s portfolio grow to over 20 studios. Despite this,... Read More

Biden Pitching His Economic Policies as a Key to Manufacturing Jobs Revival

ALBUQUERQUE, N.M. (AP) — Bringing back factory jobs is one of the most popular of White House promises — no... Read More

ALBUQUERQUE, N.M. (AP) — Bringing back factory jobs is one of the most popular of White House promises — no matter who happens to be the president. Donald Trump said he'd do it with tariffs on imports. Barack Obama said... Read More

2023-08-07 18:51:06
by Dan McCue
Analysis: IRA Is Accelerating Clean Energy Transition, but Hurdles Remain

WASHINGTON — Nearly a year after being signed into law by President Joe Biden, the Inflation Reduction Act has undeniably... Read More

WASHINGTON — Nearly a year after being signed into law by President Joe Biden, the Inflation Reduction Act has undeniably provided a huge boost to the renewable energy sector, but the speed at which the U.S. actually moves to a... Read More

2023-08-02 23:14:52
by Dan McCue
Businessman Strives to Bring Luxury to DC’s Once-Stigmatized Cannabis Sector

WASHINGTON — To the casual passerby strolling along K Street NW, the neat, glass-dominated storefront of Monko could easily be... Read More

WASHINGTON — To the casual passerby strolling along K Street NW, the neat, glass-dominated storefront of Monko could easily be mistaken for a spa, high-end hair cuttery or upscale purveyor of lotions and other beauty products. That aura of luxury... Read More

2023-08-01 12:53:50
by Dan McCue
For Globe-Trotting Strategy Expert, the Excitement Never Stops

NEW YORK — When last we spoke to Marie de Foucaud, the energetic brand expert had just founded Elovation Consulting and... Read More

NEW YORK — When last we spoke to Marie de Foucaud, the energetic brand expert had just founded Elovation Consulting and the world had gone haywire, shutting down due to a global pandemic. But two years on, things are going quite... Read More

As E-Bikes Proliferate, so Do Deadly Fires Blamed on Exploding Lithium-Ion Batteries

NEW YORK (AP) — The explosion early on a June morning ignited a blaze that engulfed a New York City... Read More

NEW YORK (AP) — The explosion early on a June morning ignited a blaze that engulfed a New York City shop filled with motorized bicycles and their volatile lithium-ion batteries. Billowing smoke quickly killed four people asleep in apartments above... Read More

2023-07-14 20:02:01
by Dan McCue
Committee to Delve Into Right-to-Repair Issue

WASHINGTON — A House judiciary subcommittee will hold a hearing on Tuesday, July 18, to examine the current laws related... Read More

WASHINGTON — A House judiciary subcommittee will hold a hearing on Tuesday, July 18, to examine the current laws related to right-to-repair and intellectual property issues. The hearing, which will be held in room 2141 of the Rayburn House Office... Read More

2023-07-10 18:10:17
by Dan McCue
Feds Propose Change to Rules Governing Oil and Gas Decommissioning Costs

WASHINGTON — The Biden administration is proposing changes to the federal financial assurance requirements for oil and gas companies to... Read More

WASHINGTON — The Biden administration is proposing changes to the federal financial assurance requirements for oil and gas companies to protect taxpayers from the costs of decommissioning offshore oil wells and infrastructure no longer in use. By law, oil and... Read More

2023-06-28 13:46:44
by Dan McCue
Food Seen as Best Medicine for Chronic Diet-Related Diseases

SANTA MONICA, Calif. — We Americans are a funny bunch when it comes to health. Despite widespread prosperity and the... Read More

SANTA MONICA, Calif. — We Americans are a funny bunch when it comes to health. Despite widespread prosperity and the fact that our farmers feed most of the rest of the world, our life expectancy is plummeting and we suffer... Read More

2023-06-27 17:49:22
by Kennedy Thomason
CVS Health Advances Sustainability Efforts With Green Energy Deals

WOONSOCKET, R.I. — CVS Health, the parent company of the CVS Pharmacy chain and Aetna, the health insurance provider, has... Read More

WOONSOCKET, R.I. — CVS Health, the parent company of the CVS Pharmacy chain and Aetna, the health insurance provider, has signed a pair of clean energy purchase agreements to advance its long-term sustainability goals. Through a deal inked with NRG... Read More

2023-05-31 16:07:04
by Dan McCue
CDC Finds Sick Workers at Root of Illness Outbreaks Tied to Restaurants

ATLANTA — If you're sick and work in the restaurant industry, stay home. That’s at least one underlying takeaway from... Read More

ATLANTA — If you're sick and work in the restaurant industry, stay home. That’s at least one underlying takeaway from a new Centers for Disease Control and Prevention report that found roughly 40% of foodborne illness outbreaks between 2017 and... Read More

Consumer Confidence Declines Again in May, Particularly for Older Americans

Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of... Read More

Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation. The Conference Board reported Tuesday that its consumer confidence index fell to 102.3 in May from 103.7... Read More

Sustainable Till Death Do Us Part, and 45 Days Beyond

DELFT, Netherlands (AP) — For those seeking to live in the most sustainable way, there now is an afterlife too.... Read More

DELFT, Netherlands (AP) — For those seeking to live in the most sustainable way, there now is an afterlife too. A Dutch intrepid inventor is now “growing” coffins by putting mycelium, the root structure of mushrooms, together with hemp fiber... Read More

2023-05-23 19:43:56
by Dan McCue
MOUs Expand Right-to-Repair to 70% of Ag Machinery Sold in US

WASHINGTON — Two new agreements reached between the American Farm Bureau Federation and agricultural equipment manufacturers represent a dramatic expansion... Read More

WASHINGTON — Two new agreements reached between the American Farm Bureau Federation and agricultural equipment manufacturers represent a dramatic expansion of farmers’ and ranchers’ right to repair their own farm equipment. The memoranda of understanding with manufacturers AGCO and Kubota,... Read More

Independent Bookselling Expanded Again in 2022

NEW YORK (AP) — Near the end of 2021, Jessica Callahan was living in Columbus, Ohio, working as a social... Read More

NEW YORK (AP) — Near the end of 2021, Jessica Callahan was living in Columbus, Ohio, working as a social science researcher and wondering if there was a better way to support herself. Her friends Julie Ross and Austin Carter... Read More

With All the Politics and Maneuvering, How Is Life in Florida Changing for Its Residents?

TALLAHASSEE, Fla. (AP) — “Don't say gay.” Regulation of books and classroom discussion. Teachers, parents and school librarians all navigating... Read More

TALLAHASSEE, Fla. (AP) — “Don't say gay.” Regulation of books and classroom discussion. Teachers, parents and school librarians all navigating new and uncertain ground. LGBTQ+ rights under attack. A very public spat between state government and Disney. And at the... Read More

2023-05-15 17:24:51
by Dan McCue
Supreme Court Declines to Reconsider Patent Eligibility Test

WASHINGTON — The Supreme Court on Monday declined to hear two cases dealing with patent eligibility, rejecting Solicitor General Elizabeth... Read More

WASHINGTON — The Supreme Court on Monday declined to hear two cases dealing with patent eligibility, rejecting Solicitor General Elizabeth Prelogar’s call for the justices to bring “much-needed clarification” to an area over which federal appeals courts have repeatedly disagreed... Read More

Twitter's New CEO is an NBCUniversal Executive With Deep Ad Industry Ties

Elon Musk confirmed that the new CEO for Twitter will be NBCUniversal’s Linda Yaccarino, an executive with deep ties to the advertising... Read More

Elon Musk confirmed that the new CEO for Twitter will be NBCUniversal’s Linda Yaccarino, an executive with deep ties to the advertising industry. “I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a Friday tweet.... Read More

G7 Finance Ministers Seek Ways to Spur Global Economy as Debt Risks Loom

NIIGATA, Japan (AP) — Financial leaders of the Group of Seven advanced economies are discussing ways to support Ukraine and... Read More

NIIGATA, Japan (AP) — Financial leaders of the Group of Seven advanced economies are discussing ways to support Ukraine and pressure Russia to end the war as they meet in Japan starting Thursday. Ukraine's finance minister, Serhiy Marchenko, was participating... Read More

2023-05-04 17:18:39
by Dan McCue
SURVEY: Corporate CEO’s Bracing for Short, Shallow Recession

NEW YORK — A large and growing number of corporate CEO’s are preparing for what they believe will be a... Read More

NEW YORK — A large and growing number of corporate CEO’s are preparing for what they believe will be a brief and shallow recession in the next 12 to 18 months, according to The Conference Board, the business membership and... Read More

Hollywood Writers, Slamming 'Gig Economy,' to Go on Strike

NEW YORK (AP) — Television and movie writers declared late Monday they will launch a strike for the first time... Read More

NEW YORK (AP) — Television and movie writers declared late Monday they will launch a strike for the first time in 15 years, as Hollywood girded for a walkout with potentially widespread ramifications in a fight over fair pay in... Read More

UK Blocks Microsoft-Activision Gaming Deal, Biggest in Tech

LONDON (AP) — British regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech... Read More

LONDON (AP) — British regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition in the fast-growing cloud gaming market. The Competition and Markets... Read More

2023-04-24 15:56:23
by Dan McCue
Justices Opt to Stay Out of Climate Change Suit Forum Fight

WASHINGTON — The Supreme Court on Monday refused to consider a series of legal cases raising the question of whether... Read More

WASHINGTON — The Supreme Court on Monday refused to consider a series of legal cases raising the question of whether climate change suits brought by state and local governments against fossil fuel companies ought to be heard in federal court.... Read More

Cities Reviving Downtowns by Converting Offices to Housing

NEW YORK (AP) — On the 31st floor of what was once a towering office building in downtown Manhattan, construction... Read More

NEW YORK (AP) — On the 31st floor of what was once a towering office building in downtown Manhattan, construction workers lay down steel bracing for what will soon anchor a host of residential amenities: a catering station, lounge, fire... Read More

1 2 3 4 5 ... 21
Straight From The Well
scroll top