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News Articles: Business

Nurses hold signs outside Manhattan's Mount Sinai Hospital on Monday, the first day of their strike.

Tagged as: 

  • Business

NYC nurses are on strike, but the problems they face are seen nationwide

Thousands of nurses at two New York hospitals are on strike for a third day. Their staffing shortages and other problems predate the pandemic, says the president of the American Nurses Association.

January 11, 2023
|
By:
  • Rachel Treisman
This illustration picture shows debit and credit cards arranged on a desk on April 6, 2020 in Arlington, Va. Americans are using their credit cards more to pay for everyday expenses at a time when interest rates are rising.

Tagged as: 

  • Economy

Americans are piling up credit card debt — and it could prove very costly

More Americans are leaning on their credit cards to cope with rising prices. And as interest rates continue to climb, that debt is getting more and more expensive.

January 11, 2023
|
By:
  • Scott Horsley
GPB News NPR

Tagged as: 

  • Business

Disney employees must return to work in office for at least 4 days a week, CEO says

Disney CEO Bob Iger sent a company-wide email to employees Monday, mandating them to come back to the office to promote creativity and collaboration.

January 11, 2023
|
By:
  • Ayana Archie
Jeff and Kareen King received a hospital bill for $160,000 a few weeks after Jeff had a procedure to restore his heart rhythm.

Tagged as: 

  • Health

'Medical cost-sharing' plan left this pastor on the hook for much of a $160,000 bill

Instead of health insurance, the Rev. Jeff King had signed up for an alternative that left members of the plan to share the costs of health care. That meant lower premiums, but a huge hospital bill.

January 10, 2023
|
By:
  • Bram Sable-Smith
A Chase Bank branch is seen in Washington, D.C., on Jan. 13, 2022.<em> The Wall Street Journal</em> is asking for answers from the Phoenix Police Department after a Black <em>Journal</em> reporter was handcuffed and detained outside a Chase Bank in November.

Tagged as: 

  • National

A Black 'Wall Street Journal' reporter was detained while working outside a bank

The Phoenix Police Department says that it has launched an internal investigation following the arrest of Journal finance reporter Dion Rabouin, who was conducting interviews outside a Chase Bank.

January 10, 2023
|
By:
  • Jonathan Franklin
Drivers wait in the drive-thru line at an In-N-Out Burger restaurant in Alhambra, California, on August 30, 2018.

Tagged as: 

  • Business

In-N-Out brings 'animal style' to Tennessee with plans to expand further in the U.S.

The iconic burger joint is "double-doubling" down on its business and opening new restaurants in and around Nashville, its first expansion east of Texas.

January 10, 2023
|
By:
  • Joe Hernandez
The Goldman Sachs logo is seen at the New York Stock Exchange in New York City on Sept. 13, 2022. Goldman is laying off up to 3,200 employees as it faces a more challenging business environment.

Tagged as: 

  • Business

Goldman Sachs is laying off as many as 3,200 employees this week

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

January 10, 2023
|
By:
  • David Gura
Stranded Southwest Airlines passengers look for their luggage in Chicago last month.

Tagged as: 

  • Business

Southwest promoted five executives just weeks after a disastrous meltdown

The airline has promoted some senior-level officials after a historic failure that affected hundreds of thousands of passengers during peak holiday travel.

January 10, 2023
|
By:
  • Bill Zeeble
Coinbase said it would lay off about 20% of its employees.

Tagged as: 

  • Business

Coinbase lays off around 20% of its workforce as crypto downturn continues

This latest round of job cuts, around 950, comes after the company laid off about 1,100 people back in June.

January 10, 2023
|
By:
  • Jaclyn Diaz
The Trump Organization's former CFO, Allen Weisselberg, arrives at court Tuesday in New York. The longtime Donald Trump lieutenant who became a star prosecution witness and helped convict the former president's company of tax fraud pleaded guilty for dodging taxes on $1.7 million in company-paid perks.

Tagged as: 

  • Law

Allen Weisselberg sentenced to 5 months for his role in Trump Organization tax fraud

The company's longtime chief financial officer had pleaded guilty to 15 felonies and testified against the Trump Organization, which was convicted last month and is set to be sentenced on Friday.

January 10, 2023
|
By:
  • Ilya Marritz
The Fisher-Price Rock 'n Play sleeper is pictured in a home in Alexandria, Virginia, in 2019.

Tagged as: 

  • Business

Fisher-Price reminds customers of sleeper recall after more reported infant deaths

Fisher-Price and Kids2 are both re-announcing recalls of their inclined sleepers initially issued in 2019 because more infant deaths have been reported.

January 10, 2023
|
By:
  • Joe Hernandez
Damage is seen at Brazil's Congress one day after supporters of former President Jair Bolsonaro stormed government buildings in Brasília. The attack was planned by far-right groups on social media, according to Brazilian media and analysts.

Tagged as: 

  • Latin America

The attack on Brazil's Congress was stoked by social media — and by Trump allies

The similarities are deep: In addition to aiming to subvert an election, some of the same U.S. voices that amplify former President Donald Trump are echoing Brazil's former president, Jair Bolsonaro.

January 10, 2023
|
By:
  • Bill Chappell,
  • Shannon Bond,
  • and 1 more
A John Deere autonomous tractor is on display at CES 2022 in Las Vegas, Nevada.

Tagged as: 

  • Business

John Deere vows to open up its tractor tech, but right-to-repair backers have doubts

The company behind the iconic green and yellow farm equipment says it wants to make it easier for farmers and independent repair shops to fix problems with its tractors and other products.

January 10, 2023
|
By:
  • Joe Hernandez
For the first time in years, some Teslas will qualify for a $7,500 federal tax credit for new electric vehicles. But only some vehicles — and only some buyers — are eligible.

Tagged as: 

  • Your Money

Buying an electric car? You can get a $7,500 tax credit, but it won't be easy

The government is offering a hefty tax credit to buyers of electric vehicles, but taking advantage of it is not straightforward. Here's what you need to know.

January 10, 2023
|
By:
  • Camila Domonoske
An America flag flies near the Statue of Liberty on Liberty Island.

Tagged as: 

  • Economy

New nation, new ideas: A study finds immigrants out-innovate native-born Americans

In a fascinating new study, a group of economists measures the impact of immigrants on American innovation.

January 10, 2023
|
By:
  • Greg Rosalsky
  • Load More

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