Business category, Page 254
Trump’s plan to curb teen vaping exempts some flavors
WASHINGTON — U.S. health officials will begin cracking down on most flavored e-cigarettes that are popular with underage teenagers, but their plan includes major exceptions that benefit vaping manufacturers, retailers and adults who use the nicotine-delivery devices. The Trump administration announced Thursday that it will prohibit fruit, candy, mint and...
On the Money: Tackling credit card debt from the holidays
NEW YORK — The children are playing with their gifts, the new TV is up on the wall, and that puppy has a brand-new cashmere-lined bed, when another gift arrives in the mail. This one isn’t from Santa. It’s your statement from your friendly credit card company. They want to...
Ex-Nissan boss Ghosn in Lebanon, left Japan over ‘injustice’
TOKYO — Nissan’s former Chairman Carlos Ghosn said Tuesday from Lebanon that he was not fleeing justice but instead left Japan to avoid “injustice and political persecution” over financial misconduct allegations during his tenure leading the automaker. Ghosn had been released on bail by a Tokyo court while awaiting trial...
John Dorfman: Disney, Oshkosh among best stocks for 2020
If you’re doing a portfolio refresh for the new year, here are 10 stocks that I think deserve strong consideration. Most of them sell for 16 times earnings or less, in a market where the average multiple is about 23. They all have low debt or reasonable debt, in my...
Pending homes sales rebound in November
WASHINGTON — Americans signed more contracts to purchase homes in November, a rebound from the previous month, indicating that the housing market is still strong. The National Association of Realtors said Monday that its pending home sales index, which measures the numbers of purchase contracts signed, rose 1.2% last month,...
California vastly expands digital privacy. Will people use it?
SAN FRANCISCO — Forty million Californians will soon have sweeping digital-privacy rights stronger than any seen before in the U.S., posing a significant challenge to Big Tech and the data economy it helped create. So long as state residents don’t mind shouldering much of the burden of exercising those rights,...
Jim Beam fined in massive bourbon spill that killed fish
VERSAILLES, Ky. — Jim Beam was fined $600,000 earlier this month after a July warehouse fire sent a nearly 23-mile plume of alcohol into the Kentucky and Ohio rivers, killing fish. The distiller agreed to the fine in a Dec. 6 order from the Kentucky Energy and Environment Cabinet, The...
Reorganized Westmoreland commissioners’ board to address ‘State of the County’
Those attending Westmoreland’s 2020 State of the County luncheon will have an opportunity to hear from and question the three county commissioners on issues of interest to the business community. The annual event will be held at 11:30 a.m. Jan. 9 at the Ramada by Wyndham Greensburg Hotel and Conference...
About a dozen hurt in blast at Beechcraft plant in Kansas
WICHITA, Kan. — More than a dozen people were injured Friday when a nitrogen line ruptured at the Beechcraft aircraft manufacturing facility in Wichita, Kansas, causing part of the building to collapse, authorities said. Daniel Wegner, deputy fire chief for Sedgwick County, said the explosion happened at around 8 a.m....
Another executive departs as Boeing tries to correct course
A close adviser to Boeing’s ousted CEO will also leave the company. Mike Luttig was Boeing’s general counsel from 2006 until this spring. Shortly after the crash of a second Boeing 737 Max, the companies premiere aircraft, he was assigned to head the company’s legal strategy and to advise the...
Drones need huge tracking network for expanded flights, FAA says
WASHINGTON — All but the smallest civilian drones would have to broadcast radio tracking data to ensure greater safety and prevent terrorism under a sweeping proposal unveiled by U.S. regulators Thursday. The long-awaited draft rules call for a massive new tracking network for everything from toys to larger commercial drones...
Special software can help the blind access the internet, but not every website supports it. A wave of lawsuits is pushing to change that
CHICAGO — Jose Martinez has been thwarted when buying concert tickets online. He changed banks after finding his financial institution’s mobile app wouldn’t work for him. Sometimes, when he can’t finalize a purchase on an e-commerce site, he simply takes his business elsewhere. Martinez, 37, is legally blind. The Chicago...
Raising a glass of Champagne will get more expensive under Trump’s tariff plan
WASHINGTON — That glass of Champagne being raised to welcome in the New Year is about to get a lot more expensive. Absent a major breakthrough in trade negotiations with France, the Trump administration is preparing to raise tariffs on a host of French products — including cheeses, wines and...
Online sales make up a larger portion of overall sales again
NEW YORK — More people did their shopping online this year during one of the shortest holiday shopping seasons in years, helping to push total sales higher. Retail sales in the U.S. rose 3.4% between Nov. 1 and Dec. 24 compared with last year, according to early data from Mastercard...
Online sales make up a larger portion of overall sales again
NEW YORK — More people did their shopping online this year during one of the shortest holiday shopping seasons in years, helping to push total sales higher. Retail sales in the United States rose 3.4% between Nov. 1 and Dec. 24 compared with last year, according to early data from...
Women sue Frontier Airlines over sex assaults by passengersVideo
DENVER — Two women who say they were sexually assaulted by passengers on Frontier Airlines flights sued the Denver-based budget carrier for allegedly refusing to help them and either not having or failing to follow policies to respond to assaults. The class action lawsuit was filed Dec. 16 by two...
You may have to give more personal data to get personal loan
Would you feel comfortable disclosing your bank account information on a personal loan application? What about your work history? Your college major? That’s what it could take to borrow money from some loan companies that consider alternative data — which can be anything that isn’t in your credit report —...
On the Money: Tips to make the best of post-holiday shopping
NEW YORK — Holiday shopping doesn’t end with Christmas. Shoppers can take advantage of fatter discounts on clothing, home decor and other items well into January. In fact, a National Retail Federation survey of nearly 8,000 adults conducted Nov. 27 through Dec. 5 found that 68% of holiday consumers will...
San Francisco cafes are banishing disposable coffee cups
SAN FRANCISCO — A new cafe culture is brewing in the San Francisco area, where a growing number of coffee houses are banishing paper to-go cups and replacing them with everything from glass jars to rental mugs and BYO cup policies. What started as a small trend among neighborhood cafes...
Last-minute deal will keep Starz on Comcast’s Xfinity lineup
Fans of the hit series “Outlander,” think of it as your early Christmas present. Comcast NBCUniversal and Lionsgate have agreed to a new carriage deal that will keep Starz on Xfinity TV’s lineup, according to The Hollywood Reporter. The deal also will put Starz on NBC’s upcoming streaming service Peacock,...
Mastandrea named CEO of MedCare Equipment
Westmoreland County native Patricia Mastandrea has been named CEO of MedCare Equipment Co. LLC, a home medical equipment company, after serving in an acting capacity since April, Excela Health announced. Mastandrea previously was chief operating officer of MedCare for 15 years. She has 30 years of health care experience, beginning...
Why Trump’s steel tariff didn’t save U.S. Steel workers from layoffs
President Donald Trump told an audience of Pennsylvania union workers last August that his 25% tariff on steel imports was reinvigorating the country’s steel industry, and leading companies such as U.S. Steel to expand. That upbeat assessment is now in question following United States Steel Corp.’s announcement last week that...
Boeing CEO Dennis Muilenburg to step down immediately
Boeing’s CEO is resigning amid ongoing problems at the company over the troubled Max 737 aircraft. The board of directors said Monday that Dennis Muilenburg is stepping down immediately. The board’s current chairman David Calhoun will become president and CEO on January 13. The board said a change in leadership...
Twitter fights interference, deletes 5,929 Saudi accounts
NEW YORK — Twitter has identified and removed nearly 6,000 accounts that it said were part of a coordinated effort by Saudi government agencies and individuals to advance the country’s geopolitical interests. Separately, Facebook said it removed hundreds of Facebook accounts, groups and pages linked to inauthentic behavior from two...
Wawa says data breach affected thousands over 10 monthsVideo
WAWA — The Wawa convenience store chain says a data breach may have collected debit and credit card information from thousands of customers. Pennsylvania-based Wawa Inc. said Thursday that its information security team discovered malware on its payment processing servers on Dec. 10 and stopped the breach on Dec 12....
