Business category, Page 264

Rise in health uninsured may be linked to immigrants’ fears

WASHINGTON — When the Census Bureau reported an increase in the number of people without health insurance in America, it sent political partisans reaching for talking points on the Obama-era health law and its travails. But the new numbers suggest that fears of the Trump administration’s immigration crackdown may be...
UAW says its 49K members at GM plants will go on strike

DETROIT — Roughly 49,000 workers at General Motors plants in the United States plan to go on strike just before midnight Sunday, but talks between the United Auto Workers and the automaker will resume. About 200 plant-level union leaders voted unanimously in favor of a walkout during a meeting Sunday...
U.S. retail sales rise moderately as auto buying jumps

WASHINGTON — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales, evidence that consumers are still spending enough to support growth. The Commerce Department said Friday that retail sales increased 0.4% last month, down from a strong 0.8% in July....
U.S., China exchange goodwill gesture ahead of trade talks

WASHINGTON — The United States and China traded conciliatory gestures, raising hopes they can de-escalate a standoff over trade that has shaken financial markets and cast gloom over the global economy. In Beijing, China’s Commerce Ministry said Thursday that Chinese importers are asking U.S. suppliers for prices of soybeans, pork...
U.S. consumer prices up slight 0.1% in August

WASHINGTON (AP) — Consumer prices slowed in August, rising by a slight 0.1%, reflecting a big drop in the cost of gasoline and other energy products. The tiny increase in the consumer price index followed a much bigger 0.3% rise in July which had been driven by a jump in...
Judge: StarKist to pay $100M fine in tuna price-fixing case

SAN FRANCISCO — A federal judge in San Francisco has ordered StarKist Co. to pay a $100 million fine in a canned tuna price-fixing conspiracy involving three companies. The Pittsburgh-based company had asked U.S. District Court Judge Edward Chen to reduce the fine to $50 million, arguing a $100 million...
GM recalls over 3.4M pickups, SUVs to fix brake issues

DETROIT — Under pressure from the federal government, General Motors is recalling more than 3.4 million big pickup trucks and SUVs in the United States to fix a brake problem. The recall covers the Chevrolet Silverado and GMC Sierra 1500, 2500 and 3500 pickups from the 2014 through 2018 model...
Report: Uber sacks hundreds of workers from engineering and product units

SAN JOSE, Calif. — San Francisco ride-hailing giant Uber has laid off 435 workers from its engineering and product units as it seeks to create “lean” teams, according to a new report. The company, which last month announced a $5 billion loss for this year’s second quarter, has shown the...
Apple unveils a cheaper iPhone and pricing for streaming TV

CUPERTINO, Calif. – Apple unveiled new iPhones that are largely unchanged from previous models and accompanied by an unexpected price cut for the cheapest model, underscoring the company’s efforts to counteract a sales slump of its flagship product. The company’s new models are so similar to last year’s lineup they...
New Hampshire’s Republican governor signs bill banning oil, gas drilling

RYE, N.H. — New Hampshire Gov. Chris Sununu has signed a bill prohibiting offshore oil and gas drilling in the state’s coastal waters. Sununu, a Republican, has opposed President Donald Trump’s proposal to expand oil and gas development nationwide. In signing the bill Tuesday, Sununu said the administration has assured...
Charging Bull’s creator will oversee repairs after vandal’s attack

NEW YORK — The artist who created New York’s Charging Bull sculpture will oversee repairs to the gash left when a vandal attacked the bronze statue with an imitation banjo, the head of a business group said Tuesday. Artist Arturo Di Modica will travel from his studio in Sicily at...
With little change, iPhones may get upstaged by Apple streaming

CUPERTINO, Calif. — Apple is expected to unveil three new iPhone models that are so similar to last year’s lineup, they may be upstaged by details about the company’s upcoming video service. The company will show off its latest iPhones Tuesday at a products showcase in Cupertino, California. But the...
British Airways grounds nearly all flights as pilots strike

LONDON — British Airways says it has had to cancel almost all flights as a result of a pilots’ 48-hour strike over pay. In a statement Monday, the airline said it had “no way of predicting how many (pilots) would come to work or which aircraft they are qualified to...
White Claw is so popular, it’s becoming hard to find

Party people, there’s a problem. White Claw, the hard seltzer that’s getting sipped on it seems by everyone, is running out of its drink. “We are working around the clock to increase supply given the rapid growth in consumer demand,” Sanjiv Gajiwala, White Claw’s senior vice president of marketing, told...
S&T Bank approved for merger with DNB First

Indiana-based S&T Bancorp Inc., the holding company for S&T Bank, has received the necessary regulatory approval for its pending acquisition of DNB Financial Corp., the holding company for DNB First, the companies said. The Pennsylvania Department of Banking & Securities approved the definitive merger agreement this week. The closing of...
Fed Chairman Powell says he doesn’t expect recession

WASHINGTON — Federal Reserve Chairman Jerome Powell said Friday that the Fed is not expecting a U.S. or global recession. But it is monitoring a number of uncertainties, including trade conflicts, and will “act as appropriate to sustain the expansion.” Powell gave an upbeat view of the U.S. economy during...

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