Posts filtered by tags: Business[x]


After ending protests, Ecuador faces dire economic outlook

QUITO, Ecuador (AP) — President Lenín Moreno survived the toughest political crisis of his presidency by negotiating an end to indigenous anti-austerity protests. Now he faces an even tougher challenge. Ten years of populist rule and a drop in oil prices have left Ecuador with a $64 billion public debt, which is more than half […]
Tags: Business

California oil facility fire prompts warnings to residents

CROCKETT, Calif. (AP) — A fire at an oil storage facility in the San Francisco Bay Area prompted a hazardous materials emergency Tuesday afternoon that led authorities to order about 12,000 people in two communities to stay inside with all windows and doors closed. Thick plumes of black smoke and flames filled the skyline around […]
Tags: Business, Nation

Jetstar confirms withdrawal from five regional routes

Jetstar has confirmed it will cease five regional services in New Zealand at the end of November this year. Gareth Evans, Jetstar's Chief Executive Officer, said today's confirmation comes after a consultation period with affected... [Author: [email protected]]

Business briefly: GM CEO Barra joins talks with striking union

General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by the United Auto Workers union that has paralyzed the company’s factories. Barra and GM President Mark Reuss were in the bargaining room early Tuesday, a person briefed on the talks said, but they left later in the morning as committees began work on specific contract language. The person didn’t want to be identified because the talks are confidential. The a...
Tags: Business, Automakers, Labor Unions

Restaurant Brands forecasts 10% growth in FY2020

Restaurant Brands New Zealand said it anticipates net profit after tax to be at least 10 per cent higher next year as it continues to roll out new stores and look at buying others. The fast-food operator has seen margins improve... [Author: [email protected]]

Intel to pay $5M to settle pay discrimination allegations

SAN FRANCISCO (AP) — The Labor Department says it has reached a $5 million settlement with chip maker Intel Corp. over allegations of pay discrimination against its female, African American and Hispanic employees. As part of the agreement, Intel will pay $3.5 million in back wages and interest. It is also allocating at least $1.5 […]
Tags: Business, Technology

Northern Powerhouse seeks more control of HS2 rail scheme

Business and city leaders warn of economic damage of cancellation and call for 2012 Olympics-style authorityA review of HS2 by northern business and city leaders has called for control of construction of the high-speed railway to be devolved to the north and Midlands – and warned that its possible cancellation would leave no viable alternatives for transforming their economies.The Northern Powerhouse Independent Review (NPIR), established to inform or pre-empt the government’s own review of HS2,...
Tags: HS2, Rail transport, Transport, UK news, Rail industry, Business, Economic policy, Politics

Oklahoma regent resigns over role representing drug maker

OKLAHOMA CITY (AP) — A member of the board that oversees Oklahoma’s 25 state colleges and universities is stepping down after facing criticism over his role representing drugmaker Johnson & Johnson in its legal fight with the state over the opioid crisis. Attorney Andrew Lester announced his resignation on Tuesday from the nine-member Oklahoma State […]
Tags: Business, Nation

Qantas to embark on world's first 20-hour airline flight

For decades, travellers have stoically endured jet lag as an unavoidable menace on long journeys. Now, as airlines push for record-breaking non-stop flights halfway around the planet, efforts to counter the debilitating symptoms are... [Author: [email protected]]

Only 3 returning big network shows see rise in live viewers

NEW YORK (AP) — ABC’s sophomore drama “A Million Little Things,” reality show “Shark Tank” and the Fox first-responders drama “9-1-1” have something in common that they can take pride in. Over the first three weeks of the television season, they are the only three of 49 prime-time shows returning to ABC, CBS, NBC and […]
Tags: Business, Entertainment, Nation

United Airlines posts $1 billion profit on summer travel

DALLAS (AP) — Cheaper jet fuel and slightly higher fares helped United Airlines boost third-quarter profit 23% to $1 billion. The results released Tuesday were better than Wall Street expected, and United raised its forecast of full-year profit. United indicated that demand for leisure and business travel is holding up well despite concern about the […]
Tags: Business

Missouri appeals court overturns $110 million talc verdict

ST. LOUIS (AP) — A Missouri appeals court has overturned a $110 million verdict in a case alleging that Johnson & Johnson products containing talcum powder caused a Virginia woman’s ovarian cancer. The appeals court ruling Tuesday reversed a 2017 judgment on behalf of Lois Slemp. She is among many women whose lawsuits have claimed […]
Tags: Business, Nation

Turkish bank charged with evading US sanctions on Iran

NEW YORK (AP) — A major Turkish bank has been criminally charged in an indictment with participating in a multibillion-dollar scheme to evade U.S. sanctions against Iran. The charges against Halkbank, a state-owned bank, were announced Tuesday by federal authorities. In a release, U.S. Attorney Geoffrey S. Berman says senior bank officials designed and carried […]
Tags: Business, Nation

Human guinea pigs will take world’s first 20-hour nonstop flight on Boeing Dreamliner

For decades, travelers have stoically endured jet lag as an unavoidable menace on long journeys. Now, as airlines push for record-breaking non-stop flights halfway around the planet, efforts to counter the debilitating symptoms are turning into a billion-dollar industry. Fresh insight into the physical and emotional toll of ultra-long-haul travel should emerge this weekend when Qantas Airways Ltd. flies direct from New York to Sydney. No airline has ever completed that route without stopping. At...
Tags: Business, Airlines, Boeing, Top Stories OCR

New study: Opioid crisis cost US economy $631B over 4 years

A new study finds that the opioid crisis cost the U.S. economy $631 billion over the past four years. The Society of Actuaries released its report Tuesday. It found the highest cost was in lost earnings for those who died in the crisis. Next was health care, a cost borne largely by Medicaid and Medicare. […]
Tags: Business, Health, Nation

Air New Zealand reveals Economy Stretch: More space in cattle class

Air New Zealand will revamp its economy in its widebody international fleet to give up to 10cm more legroom for passengers who are willing to pay extra.Economy Stretch seats will have a 35in (88cm) pitch - the distance between seats.... [Author: [email protected]]

Fletcher opens giant Wiri prefab house-building factory: 22-week build could be just 6 weeks

Fletcher Building has today opened its long-awaited giant new high-tech pre-fabricated house-building factory, aiming to cut a 22-week lead time down to six weeks."Fletcher Building today announced that Clever Core, New Zealand's... [Author: [email protected]]

Formosa Plastics agrees to pay $50M for Texas Gulf pollution

POINT COMFORT, Texas (AP) — Formosa Plastics Corp. has agreed to pay $50 million to settle allegations that a company plant in Texas spilled tons of pellets into waterways near the Gulf of Mexico. Texas RioGrande Legal Aid on Tuesday announced the agreement involving the Formosa plant in Point Comfort. A judge in Houston will […]
Tags: Business, Nation

Record-breaking drop in mortgage rates pushes SoCal homebuying demand up 14%

The biggest drop in mortgage rates in history has Southern California homebuyers making an odd autumnal rush to become homeowners, with freshly opened escrows up 14% in a year. A year ago, homebuying suffered as the 30-year fixed-rate loan averaged 4.9%  — an eight-year high, by Freddie Mac’s count. Last Thursday, that same financing yardstick had fallen to 3.57%. My trusty spreadsheet tells me this 27% percent one-year slide is unparalleled in the 48-year history of this agency’s tracking of ho...
Tags: Business, Housing, Affordable housing, Economy, Jobs, Real Estate, Top Stories Breeze, Top Stories IVDB, Top Stories LADN, Top Stories LBPT, Top Stories OCR, Top Stories PE, Top Stories PSN, Top Stories RDF, Top Stories SGVT, Top Stories Sun

Latitude IPO fails to secure investor support - media

The initial public offer (IPO) for financial services firm Latitude Financial has failed to secure enough support, Australian media reported.If successful, the A$3.2 billion float ($3.43 billion) float would have been the biggest... [Author: [email protected]]

Apple redesigns world's best-selling headphones with new Beats

The world's most popular headphones are getting an overdue refresh. Apple on Tuesday took the wraps off the Beats Solo Pro, the first major redesign of the on-ear pair since Apple acquired Beats Electronics back in 2014. Based on... [Author: [email protected]]

Dairy prices rise 0.5 percent at latest auction

Dairy product prices rose at the Global Dairy Trade auction as whole milk powder prices held steady. The GDT price index rose 0.5 per cent from the previous auction two weeks ago. It was the third straight gain. The average price... [Author: [email protected]]

Panera cafe worker fired for TikTok video revealing gross frozen food

A man laughs hysterically in the short video that's racked up nearly 1 million likes, as the plastic packet of frozen macaroni and cheese is dropped into a boiler, cut open and then poured into a bowl ready to serve. The woman who... [Author: [email protected]]

Google unveils new Pixel 4 smartphone, Pixel Buds, Nest

Google has unveiled its much-anticipated new Pixel 4 smartphone, as well as a new laptop, wireless earbuds, and a range of other smart devices to rival Apple and other competitors.The gadgets were revealed to a packed room at Google's... [Author: [email protected]]

Nevada gambling bosses move to bar Wynn from casino industry

LAS VEGAS (AP) — Nevada’s gambling regulators have filed a complaint against former casino magnate Steve Wynn that could bar him from ever working in the industry in the state. The complaint filed Monday by the state’s Gaming Control Board lists sexual misconduct allegations that have been lodged against the mogul since January 2018. The […]
Tags: Business, Nation

New Jersey breaks its monthly sports betting record

ATLANTIC CITY, N.J. (AP) — Gamblers wagered a record-breaking $445 million on sports in New Jersey in September, the largest monthly total in the state since legal sports betting began in June 2018. Tuesday’s release of figures came as the rapidly growing New Jersey sports betting market challenges Nevada for nationwide leadership of the industry. […]
Tags: Business, Nation

How to Conduct Effective Business Meetings in Five Simple Steps

Meetings are largely a waste of time. You spend the first few minutes discussing football, the next few minutes deciding whether to wait for Pam (who is chronically late to meetings), and the next few minutes discussing Bob’s irrelevant complaints. By the time you’ve gotten down to business, half the scheduled meeting is over. You’re going to go over time again. And again, you’re going to cut your lunch hour so you can get everything done. It’s a problem across the entire businessphere. People g...
Tags: Other

Cerner workers to become Adventist Health employees

Nearly 1,300 California workers with Cerner Corp., a Kansas City-based electronic health record vendor, will soon become employees of Adventist Health. Employees who work in Cerner’s revenue-cycle operations (RevWorks) department will be “re-badged” as Adventist employees, the company said. “Cerner and Adventist Health have a longstanding relationship with a shared goal of improving care quality and patient experience,” Cerner said in a statement.” As part of a joint strategic business decision ...
Tags: Business, Health, Top Stories LADN, Top Stories PSN

Judge blocks Michigan’s ban on flavored e-cigarettes

LANSING, Mich. (AP) — A Michigan judge is blocking the state’s two-week-old ban on flavored e-cigarettes. Court of Claims Judge Cynthia Stephens issued a preliminary injunction Tuesday. She says Gov. Gretchen Whitmer’s administration’s delay in implementing the ban undercut its position that emergency rules were needed. Stephens also says there is evidence that if flavored […]
Tags: Business, Health, Nation

Small Business Owners Can Reliably Increase Profit Margins With These 5 Tips

In an era where the customer has more say than ever, it’s easy to get caught up in pleasing the customer. The customer is always right, after all (NOT).  But if you continually sacrifice on your bottom line to please customers, eventually you will end up bleeding money. This is a sure indicator you’ve forgotten one of the reasons you started a business. To make money. If you weren’t in it at least partially for the money, you might as well have started a non-profit. At least then you’d pay less ...
Tags: Other