Wire stories category, Page 124
Frontier Airlines flight attendants continue to accept tips
Happy with your service, you can still tip your Frontier Airlines flight attendant. Frontier Airlines has been allowing tips on items purchased in-flight for three years, but as of the beginning of the year the tips can now be kept by the individual attendant, rather than pooled and split as...
Ford to shake up business, cut jobs in Europe
FRANKFURT, Germany — Ford Motor Co. said Thursday it is cutting jobs in Europe as it reshapes its business to focus on more profitable commercial trucks and SUVs while shifting production to electric cars over the longer term. On a day that Jaguar Land Rover also announced it is cutting...
Jaguar Land Rover cutting 4,500 jobs
LONDON — Jaguar Land Rover said Thursday it will cut 4,500 jobs as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.’s departure from the European Union. The luxury carmaker, owned by India’s Tata conglomerate, said the cuts will be in addition to 1,500 people who...
USDA delays deadline for farmer aid to offset tariff losses
DES MOINES, Iowa — Farmers already reeling from low prices and uncertainty amid the nation’s trade dispute with China are welcoming a decision to extend a deadline for federal aid because of the partial government shutdown. Secretary of Agriculture Sonny Purdue on Tuesday announced the Agriculture Department would extend a...
Chrysler Building in New York City is up for sale
NEW YORK — The owners of New York City’s Chrysler Building are putting the landmark Art Deco skyscraper on the market. The building’s owners, the Abu Dhabi Investment Council and New York developer Tishman Speyer, have hired commercial real estate firm CBRE Group Inc. to market the office tower, CBRE...
Toyota recalls 1.7M vehicles in North America to fix air bags
DETROIT — Toyota is recalling 1.7 million vehicles in North America to replace potentially deadly Takata front passenger air bag inflators. The move announced Wednesday includes 1.3 million vehicles in the U.S. and is part of the largest series of automotive recalls in the nation’s history. Takata inflators can explode...
5 things to know about U.S.-Chinese trade negotiations
BEIJING — The United States and China have held their first face-to-face trade talks since Presidents Trump and Xi Jinping agreed Dec. 1 to postpone further tariff increases in the trade war between the world’s two biggest economies. The meetings are the start of what economists say are likely to...
U.S. stocks keep rising as investors hope for trade progress
NEW YORK — U.S. stocks are higher Tuesday as industrial and internet companies rise, and the S&P 500 index is on track for its first three-day winning streak since November. The latest round of trade talks between the U.S. and China ended without word of progress, but with no evident...
Sears gets another reprieve from liquidation
NEW YORK — Sears is getting another reprieve from liquidation after its chairman and largest shareholder revised his bid to save the iconic brand. The Hoffman Estates, Illinois-based retailer says it has accepted Eddie Lampert’s bid through an affiliate of his ESL hedge fund that could keep 425 stores open...
Toyota wants world to use its tech that keeps cars from crashing
Toyota — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving technology to keep cars from crashing. The system, known as Guardian, will take control of a car and steer it around an impending crash or...
U.S. job openings fell in November to still-strong 6.9 million
WASHINGTON — U.S. job openings fell in November from the previous month, but the number of available positions remained healthy. Job openings slipped 3.4 percent to a seasonally adjusted 6.9 million, the Labor Department said Tuesday. That is the fewest openings in five months, but still 16 percent higher than...
Millennial Money: How to buy happiness
If you have a few extra bucks that you don’t need for necessities like rent or loan payments, consider shopping for happiness. From ancient philosophers to current experts in behavioral economics, people have been pondering the link between money and happiness. Among them is author Gretchen Rubin , who thinks...
Seattle City Council members visit New York to warn about Amazon HQ2
Two politicians from Amazon.com’s hometown traveled across the country to New York to deliver a cautionary message about the company’s expansion in the city. Members of the Seattle City Council, Lisa Herbold and Teresa Mosqueda, are urging elected officials in New York to pass legislation now that will address potential...
U.S. stocks edge higher after huge swings in recent trading
NEW YORK — U.S. stocks are edging higher in early trading on Wall Street Monday after enormous swings the previous two days. Representatives from the U.S. and China began a round of trade negotiations, and investors’ hopes that the two sides will finally make progress in talks have sent stocks...
No words: Mastercard to drop its name from logo
NEW YORK — Mastercard is at a loss for words. The digital payment company says it is dropping its name in some contexts, opting to let its familiar interlocking yellow and red circles represent the company at retail locations and online. The Purchase, New York-based company said Monday that the...
Trump expresses optimism in trade talks with China
WASHINGTON — President Donald Trump is expressing optimism about trade negotiations with China as U.S. officials are expected in Beijing for talks aimed at easing a trade battle. Trump said Sunday he spoke recently to Chinese President Xi Jinping. Trump says: “I really believe they want to make a deal....
Survival of Sears hangs by thread as bid ruling said to be delayed
Eddie Lampert is struggling to convince bankers for Sears Holdings Corp. that his bid to keep the retailer alive is adequate. But he’ll have a little more time to try. The hedge-fund manager came up short Friday in meeting Sears’ conditions for what it considers a qualified bid to rescue...
Startups reinvent the sheet-buying experience
NEW YORK — A new year calls for sparkly new sheets. But shoppers looking for high-quality linens without hurting their budget may want to skip the so-called white sales at mass retailers. A new cast of startups, including Parachute, Brooklinen and Boll & Branch, are cutting out middlemen and selling...
Expect 2019 to be quiet in Congress _ for small business
NEW YORK — Small business issues often win bipartisan support on Capitol Hill, but given the divisions in the incoming 116th Congress, advocates for companies have low expectations. Even after lawmakers deal with the partial government shutdown, a Democratic House, a Republican Senate and ongoing investigations of the Trump White...
Ford recalls over 953,000 vehicles to replace inflators
DETROIT — Ford is recalling more than 953,000 vehicles worldwide to replace Takata passenger air bag inflators that can explode and hurl shrapnel. The move includes over 782,000 vehicles in the U.S. and is part of the largest series of recalls in U.S. history. Included are the 2010 Ford Edge...
Federal Reserve Chair Jerome Powell will not resign if Trump asks him
Federal Reserve Chair Jerome Powell said Friday that President Donald Trump has not tried to fire him and that he would not resign from his position if Trump asked him to do so. Trump has repeatedly blamed Powell for the market decline and the dimming outlook for the U.S. economy...
Stocks surge as U.S. and China plan trade talks; hiring climbs
NEW YORK — Global stocks are jumping Friday as investors welcomed news of trade talks between the U.S. and China next week and the U.S. government reported a big increase in hiring in December. The Dow Jones Industrial Average soared about 500 points. China’s Commerce Ministry said the talks will...
U.S. employers added a stellar 312,000 jobs in December
WASHINGTON — U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. The Labor Department said Friday that the unemployment rate...
Fewer affected in Marriott hack, but passports a red flag
BETHESDA, Md. — Fewer Marriott guest records that previously feared were compromised in a massive data breach, but the largest hotel chain in the world confirmed Friday that approximately 5.25 million unencrypted passport numbers were accessed. The compromise of those passport numbers has raised alarms among security experts because of...
Herb Kelleher, co-founder of Southwest Airlines, dies at 87
DALLAS — Not many CEOs dress up as Elvis Presley, settle a business dispute with an arm-wrestling contest, or go on TV wearing a paper bag over their head. Herb Kelleher did all those things. Along the way, the co-founder and longtime leader of Southwest Airlines also revolutionized air travel...
