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News Articles: Business

A shopper leaves the Big Lots store on Dec. 4, 2012 in Berlin, Vt.

Tagged as: 

  • Business

Big Lots says it is having going-out-of-business sales as it seeks a new buyer

The national discount retailer says that a previously announced deal to sell itself to a private-equity group fell through.

December 20, 2024
|
By:
  • Ayana Archie
People demonstrating against the health care industry stand outside Federal Criminal Court as Luigi Mangione, suspect in the shooting death of UnitedHealthcare CEO Brian Thompson, appears during an arraignment hearing on Dec. 19, 2024 in New York City.

Tagged as: 

  • Business

Big Health Care is ending a terrible year. Is anyone happy with this business?

Patients are protesting, bipartisan lawmakers are threatening regulation – and investors are selling their shares. 

December 20, 2024
|
By:
  • Maria Aspan
Amazon workers strike outside the gates of an Amazon fulfillment center in City of Industry, Calif., on Thursday.

Tagged as: 

  • Business

Amazon faces multiple pickets as union targets holiday shopping rush

The Teamsters union demands that Amazon recognize its unionized workers. The company refuses and says the strikes won't affect operations.

December 19, 2024
|
By:
  • Alina Selyukh and
  • Andrea Hsu
A six-pack of plastic water bottles is shown being held together by a paper-based holder.

Tagged as: 

  • News

Sustainable packaging giant with Georgia connections being sold to International Paper

International Paper seeks to buy DS Smith, with its North American headquarters in Atlanta and a paper mill on Georgia's coast, for $7 billion.

December 19, 2024
|
By:
  • Orlando Montoya
The TikTok Inc. building is seen in Culver City, Calif., on March 17, 2023.

Tagged as: 

  • News

Possible government shutdown looms. And, tips to help with seasonal depression

Possible holiday government shutdown looms as President-elect Donald Trump and advisers like Elon Musk object to bipartisan spending bill. And, simple ways to help with seasonal depression.

December 19, 2024
|
By:
  • Brittney Melton
The TikTok Inc. building is seen in Culver City, Calif., on March 17, 2023.

Tagged as: 

  • Technology

Supreme Court agrees to review TikTok ban-or-sale law

The high court said Wednesday it will review a challenge submitted by TikTok asking for the overturn of a law that could ban the video-sharing app by Jan 19.

December 18, 2024
|
By:
  • Bobby Allyn
Federal Reserve Chair Jerome Powell and his colleagues lowered their benchmark interest rate Wednesday by a quarter percentage point. That will make it cheaper to get a car loan, finance a business or carry a balance on your credit card.

Tagged as: 

  • Business

The Federal Reserve lowers interest rates again -- but hints at fewer cuts next year

The Fed lowered interest rates by a quarter percentage point — but stocks slumped after policymakers projected fewer rate cuts next year as inflation remains elevated.

December 18, 2024
|
By:
  • Scott Horsley
Ken Bianco Sr. and son Ken Bianco Jr., owners of TrainLand in Lynbrook, New York are the largest retailers of Lionel trains in the nation.

Tagged as: 

  • National

Trains, tracks, and tradition: Lionel celebrates 125 years of Christmas fun

Lionel trains turns 125, celebrating more than a century of holiday magic. From historic models to smartphone-controlled locomotives, these iconic toy trains continue to captivate kids and collectors alike.

December 18, 2024
|
By:
  • Jeff Lunden
Acting U.S. Secretary of Labor Julie Su introduces President Biden during a ceremony Monday at the Department of Labor. Biden signed a proclamation to establish the Frances Perkins National Monument in Maine.

Tagged as: 

  • Business

In last-ditch effort, Democrats push to get Julie Su confirmed as labor secretary

Acting Secretary Julie Su has led the Labor Department for nearly two years, despite never getting a Senate confirmation vote. With time running out, her staunchest supporters haven't given up.

December 18, 2024
|
By:
  • Andrea Hsu
The owner, who asked not to be identified because of concerns about his privacy, turns on the lights in his underground shelter in an undisclosed Southern California city, on Dec. 16.

Tagged as: 

  • National

Nuclear bunker sales increase, despite warnings they won't provide protection

Critics warn argue that people planning to live through an atomic blast aren't focusing on the real and current dangers posed by nuclear threats.

December 18, 2024
|
By:
  • The Associated Press
FILE - Carlos Watson leaves Brooklyn federal court after testifying in his own defense in New York, July 1, 2024.

Tagged as: 

  • Business

Carlos Watson gets nearly 10 years in prison in case about failed startup Ozy Media

Watson, 55, and the now-defunct company were found guilty last summer of charges including wire fraud conspiracy. He has denied the allegations and plans to appeal.

December 17, 2024
|
By:
  • The Associated Press
Suspect Luigi Mangione is taken into the Blair County Courthouse on Dec. 10 in Hollidaysburg, Pa.

Tagged as: 

  • National

Luigi Mangione is charged with murder as an act of terrorism in CEO's death

The man accused of killing UnitedHealthcare's CEO has been charged with murder as an act of terrorism. The indictment could help move along procedural steps toward extraditing the suspect.

December 17, 2024
|
By:
  • The Associated Press
Matthew Atha does steel work at Ironworkers Local 29 during an apprenticeship in Dayton, Ohio.

Tagged as: 

  • Education

Apprenticeships are a trending alternative to college — but there's a hitch

Apprenticeships are becoming a popular alternative to college as a career path. But demand is outpacing the supply of employers who offer them.

December 17, 2024
|
By:
  • Jon Marcus
A roaster holds coffee beans ready to be ground. The cost of raw, or green, coffee has soared following a drought in top-grower Brazil.

Tagged as: 

  • Business

Coffee prices are higher than ever. Here's what it means for your cup

Droughts in top coffee-growing countries have shrunk the supply of beans. Supermarket brands like Nescafé and Folgers have already raised prices — but the world keeps drinking more and more coffee.

December 17, 2024
|
By:
  • Alina Selyukh
The TikTok Inc. building is seen in Culver City, Calif., on March 17, 2023.

Tagged as: 

  • News

TikTok asks Supreme Court for an emergency order to block a U.S. ban unless it's sold

A similar plea was filed by content creators who rely on the platform for income and some of TikTok's more than 170 million users in the U.S.

December 17, 2024
|
By:
  • The Associated Press
  • Load More

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