Wire stories category, Page 106
Trump says he doesn’t need China trade deal before election
WASHINGTON — As China and the U.S. near a new round of trade talks, President Trump said Friday he doesn’t feel he needs to secure an agreement before next year’s election. Trump told reporters he wants a complete deal with China and won’t accept one that addresses only some of...
What makes Impossible meat possible? A ‘bloody’ ingredient
NEW YORK — What makes Impossible burgers possible? An engineered ingredient that makes the veggie patty look bloody — and one of many new concoctions food regulators expect to see more of in the coming years. Several new vegetarian products are competing to win over meat lovers, but two California...
Colt suspends production of AR-15 for civilian market
WEST HARTFORD, Conn. — Gun-maker Colt is suspending its production of rifles for the civilian market including the popular AR-15, the company said Thursday in a shift it attributed to changes in consumer demand and a market already saturated with similar weapons. The company said it will focus instead on...
‘Middle of the herd’ no more: Amazon tackles climate change
NEW YORK — Online shopping giant Amazon revealed a carbon footprint Thursday that rivals that of a small country and vowed to reduce the damage to the planet by cutting its use of fossil fuels. The company, which ships more than a 10 billion items a year on fuel-guzzling planes...
Walgreens, Google affiliate to launch drone delivery test
Walgreens and a Google affiliate are testing drone deliveries that can put drugstore products on customer doorsteps minutes after being ordered. Snacks like Goldfish Crackers or gummy bears as well as aspirin for sick kids will be delivered starting next month in Christiansburg, Virginia, by a 10-pound drone flying as...
Airbnb says it will go public in 2020
Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the accommodation sector. Airbnb disclosed the news in a brief statement. It didn’t give a target date for the initial public offering...
A divided Fed reduces rates but may not cut again this yearVideo
WASHINGTON — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed’s move reduced its key short-term rate — which influences many consumer and business loans — by an...
Cash-starved Air India putting crews on low-fat diet
Cash-starved Air India is putting its crew on a diet, changing their inflight menu to special low-fat meals. Dhananjay Kumar, the state-run airline’s spokesman, said Wednesday that the objective is to provide healthy and cost-effective meals to crews on domestic and international flights. Kumar declined comment on media reports that...
U.S. economy could shrug off oil prices if disruption is brief
DALLAS — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest. Prices spiked Monday by more than 14%, their biggest single-day jump in years, but...
WeWork delays its IPO amid tepid investor interest
NEW YORK — WeWork’s parent company put its stock market debut on the backburner Tuesday, struggling to drum up investor enthusiasm for a fast-growing enterprise that spread trendy communal office spaces across the globe while piling up massive losses and drawing concerns about its CEO’s corporate governance practices. The We...
Agency considering Three Mile Island nuclear debris in Idaho
BOISE, Idaho — The partially melted reactor core from the worst nuclear accident in U.S. history could remain in Idaho for another 20 years if regulators finalize a license extension sought by the Energy Department, officials said Monday. The core from Three Mile Island in Pennsylvania partially melted in 1979,...
Ohio receives $17.8 million to study self-driving vehicles
COLUMBUS, Ohio — Ohio has received $17.8 million to generate data on self-driving vehicles, an area of research in which the state is already playing a prominent role, according to the state’s U.S. senators. Democratic Sen. Sherrod Brown and Republican Sen. Rob Portman said the grant, announced this week, will...
Purdue Pharma files for bankruptcy as part of settlement
OxyContin maker Purdue Pharma and its owners expressed sympathy but not responsibility for the nation’s opioid crisis as the company filed for bankruptcy protection late Sunday night, part of a move to settle some 2,600 lawsuits — most from state and local governments. “Like families across America, we have deep...
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...
Man brings support clown to his layoff meeting
A man working at a New Zealand advertising agency had a funny way of dealing with his own firing. The unidentified adman was permitted to have someone at his side for support in a meeting where his job was being terminated, reports the New Zealand Herald. Rather than choosing a...
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...
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...
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...
CVS, Walgreens urge against openly carrying guns in stores
NEW YORK — Drug chains CVS and Walgreens as well as grocery chain Wegmans Food Market have joined the chorus of retailers requesting that customers refrain from openly carrying firearms in their stores even where state laws allow it. The announcements on Thursday follow similar moves by Walmart, the nation’s...
