Business category, Page 50

Geraldine Weiss, who died two years ago at age 96, was a successful investment newsletter writer at a time when few women were prominent in finance. She wrote a book called “Dividends Don’t Lie.” Weiss’ investment strategy was to invest in stocks with a dividend yield above that stock’s historical...

NEW YORK — Some Verizon customers across the U.S. were hit by a service outage Monday. The issue appeared to knock out cellphone service for tens of thousands of Verizon users. Data from outage tracker DownDetector shows that reports topped 100,000 shortly after 11 a.m. ET — and while that...

DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant. DirecTV said Monday that it will acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction...

Editor’s note: This is the fifth story in an occasional series on the causes and impact of inflation. It has been a while since televisions were a real money maker, at least for small businesses. Just ask Henry Yasczak, a semi-retired appliance seller and repairman. He still operates Henry’s, formerly...

About 6,300 employees on the University of Pittsburgh’s main and branch campuses are joining the United Steelworkers union, officials confirmed Friday after votes were tallied in a monthlong, state-supervised election. The union will work to secure a collective bargaining agreement between those workers and Pitt, Western Pennsylvania’s largest university. Results...

WASHINGTON — Former President Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the U.S. The former president and current Republican nominee asserts that tariffs — basically import taxes — will create more factory jobs, shrink...

DETROIT — With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen’s union come to the bargaining table to negotiate a new contract. The U.S. Maritime Alliance says it filed an unfair labor practice charge with the National...

WILMINGTON, Del. — A settlement has been reached in a defamation lawsuit pitting an electronic voting machine manufacturer targeted by allies of former President Donald Trump against a conservative news outlet that aired accusations of vote manipulation in the 2020 election. Newsmax on Thursday confirmed a deal had been reached...

DALLAS — Southwest Airlines said Thursday that it plans to end the open-boarding system it has used for more than 50 years and start flights with passengers sitting in assigned seats during the first half of 2026 as the company tries to remodel the airline to change with consumer tastes...

The number of Americans applying for unemployment benefits last week fell to the lowest level in four months. The Labor Department reported Thursday that applications for jobless claims fell by 4,000 to 218,000 for the week of Sept. 21. It was the fewest since mid-May and less than the 224,000...

WASHINGTON — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its previous estimate unchanged. The Commerce Department reported that the nation’s gross domestic product — the nation’s total output of goods...

WASHINGTON — An executive at cybersecurity company CrowdStrike apologized in testimony to Congress for sparking a global technology outage over the summer. “We let our customers down,” said Adam Meyers, who leads CrowdStrike’s threat intelligence division, in a hearing before a U.S. House cybersecurity subcommittee Tuesday. Austin, Texas-based CrowdStrike has...

NEW YORK — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars. The complaint filed Tuesday says San Francisco-based Visa penalizes merchants...

You probably hear about the Dow Jones Industrial Average every day, but how much do you really know about it? Q: What is the Dow Jones Industrial Average anyway? A: It’s a venerable U.S. stock-market index that Charles Dow invented in 1896. It comprises 30 stocks, which the selection committee...

SAVANNAH, Ga. — The chief executive over Georgia’s two booming seaports said Tuesday that a strike next week by dockworkers across the U.S. East and Gulf coasts appears likely, though he’s hopeful the resulting shutdown would last only a few days. “We should probably expect there to be a work...

NEW YORK — U.S. stocks are hanging near their records Tuesday after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world’s second-largest economy. The S&P 500 was 0.2% higher in midday trading, a day after setting an all-time high for the...

NEW YORK — Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a flashing blue orb affixed to a pole enticing shoppers to a flash sale — is shuttering its last full-scale store in mainland United States. The store, located...

NEW YORK — U.S. stock indexes reached new heights Monday after drifting higher in a quiet day of trading. The S&P 500 rose 16.02 points, or 0.3%, to 5,718.57 and edged past its record set Thursday. The Dow Jones Industrial Average added 61.29 points, or 0.1%, to its own all-time...

NEW YORK — The Commerce Department said Monday it’s seeking a ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware with the stated goal of protecting national security and U.S. drivers. While there is minimal Chinese and...

WYOMING, Iowa — Taking a late-summer country drive in the Midwest means venturing into the corn zone, snaking between 12-foot-tall green, leafy walls that seem to block out nearly everything other than the sun and an occasional water tower. The skyscraper-like corn is a part of rural America as much...

Companies exploring the option of letting employees work four days a week hope to reduce job burnout and retain talent seeking a better work-life balance, according to the chief executive of an organization that promotes the idea. The trend is gaining traction in Australia and Europe, says Dale Whelehan, CEO...

NEW YORK — When Mykail James was 19 and working a holiday job at Victoria’s Secret, she took out a store credit card with a $2,000 credit line. When her school break was over, she realized she could no longer afford the payments. After missing a few, she paid off...

Editor’s note: This is the fourth story in an occasional series on the causes and impact of inflation. There is a dominant driver when it comes to setting car and home insurance rates: the cost of the items insurance companies cover when they pay out claims. And the cost of...

The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager to refinance should temper their expectations of a big drop in mortgage rates from here. While the Fed doesn’t...