Wire stories category, Page 7
U.S. egg prices hit a record high of $4.95 and are likely to keep climbing
OMAHA, Neb. — Egg prices hit a record high as the U.S. contends with an ongoing bird flu outbreak, but consumers didn’t need government figures released Wednesday to tell them eggs are terribly expensive and hard to find at times. The latest monthly consumer price index showed that the average...
Roses are red, violets are blue, 940 million flowers are traveling (through Miami) to you
MIAMI — If any husbands or boyfriends mess up Valentine’s Day this week, it’s not because of a shortage of flowers. In the run up to Feb. 14, agricultural specialists at Miami International Airport have processed about 940 million stems of cut flowers, according to U.S. Customs and Border Protection....
Aliens, sloths and silliness: Super Bowl ads offer laughs, celebs and surprises to win over viewers
NEW YORK — Eugene Levy’s trademark eyebrows fly off for Little Caesars. A tongue dances to Shania Twain to promote Nestle’s Coffee Mate Cold Foam. And Meg Ryan and Billy Crystal reunite at Katz’s Deli in an ad for Hellmann’s. A frenzied mix of silliness and celebrities is hitting the...
Honeywell, one of the few remaining U.S. industrial conglomerates, will split into 3 companies
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa. The company said Thursday that it will separate from its automation and aerospace technologies businesses. Including plans announced earlier to spin off its...
Wall Street falls as a result of Trump’s tariffs, but not as badly as feared in the morning
NEW YORK — The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve. The S&P 500 ended up falling 0.8%...
Civil rights activists call for a Target boycott after retailer backs away from diversity programs
MINNEAPOLIS — Civil rights activists gathered outside the headquarters of Target Corp. on Thursday to call for a national boycott of the retailing giant over its decision to phase out its diversity, equity and inclusion initiatives. Target announced last Friday that it would join competitor Walmart and a number of...
Things to know about the Trump administration order on car and pickup fuel economy
DETROIT — Hours after being sworn in as the new U.S. Secretary of Transportation, Sean Duffy took aim at the main way the federal government regulates miles per gallon for cars and pickup trucks — also a principal way that it regulates air pollution and addresses climate change. Duffy ordered...
Frontier makes a second bid for Spirit with budget airlines struggling
NEW YORK — No-frills, budget airlines often lead the industry in customer complaints, according to government data, so if one were to disappear would it be missed by travelers? That is a question U.S. regulators will be asking after Frontier Airlines said Wednesday that it wanted to buy Spirit Airlines,...
Target ending its DEI goals as workplace inclusion gets strong opponent in the White House
NEW YORK — Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and, as of this week, the White House. The Minneapolis-based retailer said the changes...
U.S. home sales in 2024 fell to the lowest level in nearly years as prices, mortgages soar
LOS ANGELES — Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few properties on the market freeze prospective homebuyers out of the market. The National Association of Realtors...
CNN announces layoffs as part of a further shift to digital business
CNN announced a restructuring Thursday that includes some 200 layoffs, an accelerated pivot to digital operations and new TV roles for personalities such as Wolf Blitzer, Jake Tapper and Audie Cornish. It’s the boldest revamp yet in the 18-month tenure of CEO Mark Thompson, a former chief executive at The...
S&P 500 climbs to a record as bond market stays calm
NEW YORK — Stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% to surpass its all-time high set early last month after coming close the day before. It was the seventh...
Costco successfully defends its diversity policies as other U.S. companies scale theirs back
NEW YORK — Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices. According to preliminary results shared by Costco executives at its annual meeting Thursday, more than 98% of shares voted against the proposal. The National Center...
Netflix’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter
SAN FRANCISCO — Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, capping the video streaming service’s best year yet in a sign that its expansion into live programming is paying off. The numbers released Tuesday covered a October-December period highlighted...
Starbucks’ policy change flushes out a debate over public restroom access
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom policies that has left Americans confused and divided over who gets to use the bathroom and when. Rules about restroom access in restaurants vary by state, city and county. New York...
U.S. government sues Southwest Airlines and fines Frontier for chronically delayed flights
The Transportation Department is stepping up enforcement of persistent flight delays with a lawsuit against Southwest Airlines and a fine against Frontier Airlines. The agency said the U.S. District Court lawsuit it filed in California on Wednesday alleges that Southwest illegally operated chronically delayed flights and disrupted passengers’ travel plans....
U.S. recovers $31 million in Social Security payments to dead people
WASHINGTON — The U.S. government clawed back more than $31 million in Social Security payments that improperly went to dead people, a recovery that one official said Wednesday was “just the tip of the iceberg.” The money was reclaimed as part of a five-month pilot program after Congress gave the...
Hanging out at Starbucks will cost you as company reverses its open-door policy
If you want to hang out or use the restroom at Starbucks, you’re going to have to buy something. Starbucks on Monday said it was reversing a policy that invited everyone into its stores. A new code of conduct — which will be posted in all company-owned North American stores...
Kohl’s to close 27 stores by April as struggling department stores works to improve sales
NEW YORK — Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — as the struggling department store chain aims to boost profitability and improve sagging sales. The announcement comes as the Menomonee Falls, Wisconsin-based chain has...
Latest NFL season highlights financial risks for sports betting companies when so many favorites win
NEW YORK — It’s been a tough football season for sports books. FanDuel and its key rival DraftKings have both showed investors that the house can indeed lose, or at least lose more than anticipated. Flutter Entertainment, which operates FanDuel and dominates the sports betting industry with a market value...
Honda Civic hybrid, Ford Ranger and Volkswagen ID. Buzz win 2025 North American vehicle awards
DETROIT — The Honda Civic hybrid won the 2025 North American Car of the Year award, while the Ford Ranger took the crown for the truck honors, and Volkswagen ID. Buzz won the utility award. The honors, announced Friday morning during an Automotive Press Association event kicking off the North...
Service workers union rejoins AFL-CIO after 20 years just ahead of Trump’s inauguration
WASHINGTON — The Service Employees International Union is returning to the AFL-CIO after 20 years, betting that a united labor movement will do more to help workers overcome legal challenges to organize and join unions. The union groups’ executive boards each unanimously approved the combination on Wednesday, with plans to...
Longshoremen reach tentative agreement with ports, shippers, averting potential strike
U.S. longshoremen reached a contract agreement with ports and shippers Wednesday, averting a potential strike that could have damaged the American economy. The International Longshoremen’s Association union and the U.S. Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week...
Oil, gas lease sale for Alaska’s Arctic National Wildlife Refuge again receives no bids
JUNEAU, Alaska — The U.S. Interior Department on Wednesday said no bids were submitted for this week’s oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge — a sale the state has challenged as too restrictive and at odds with a 2017 law aimed at opening the refuge’s...
How removing unpaid medical bills from credit reports could help consumers
NEW YORK — Lenders will no longer be able to consider unpaid medical bills as a credit history factor when they evaluate potential borrowers in the U.S. for mortgages, car loans or business loans, according to a rule the Consumer Financial Protection Bureau finalized Tuesday. Removing medical debts from consumer...
