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Southwest memos showed growing alarm on eve of epic winter storm

UPDATED: Wed., Dec. 28, 2022

As a winter storm bore down on a broad swath of the U.S., a staffing crisis was brewing for Southwest Airlines in Denver.

News > Business

Starbucks refused union contract talks at 21 cafes, NLRB alleges

UPDATED: Wed., Dec. 28, 2022

Starbucks has illegally refused to negotiate at 21 recently unionized cafes in Washington state and Oregon, U.S. labor board prosecutors alleged in a complaint.

News > Business

Tesla fans keep buying, unbowed by the $720 billion wipeout

UPDATED: Wed., Dec. 28, 2022

Even the worst year ever for Tesla shares hasn't shaken individual investors' faith in the electric-vehicle maker and its billionaire chief executive, Elon Musk.

News > Business

Oil drops from three-week high following Wall Street slump

UPDATED: Wed., Dec. 28, 2022

Oil sustained losses as the dollar ticked higher and equity markets erased gains, susceptible to broader market swings amid thin liquidity.

News > Business

U.S. watchdogs guarding $5 trillion in COVID aid say they need more money

UPDATED: Wed., Dec. 28, 2022

Michael Horowitz came to Congress with a plea: If the U.S. government truly hoped to keep track of roughly $5 trillion in coronavirus aid, then federal watchdog agencies would need some new money of their own.

News > Business

These buzzwords show how work changed in 2022

UPDATED: Wed., Dec. 28, 2022

In 2022, the battle over workplace culture ushered in a new vocabulary, as workers flexed their might in the tightest labor market in years and employers declared the end of the pandemic.

News > Business

Labor seen emerging as a top threat to rally in risky assets

UPDATED: Wed., Dec. 28, 2022

Investors positioning for a rally in riskier assets next year may be underestimating the threat from millions of workers around the world protesting for higher wages.

News > Business

It’s a make-or-break year for these battered companies

UPDATED: Wed., Dec. 28, 2022

U.S. companies had a lot to overcome in the latter half of 2022, with rising interest rates, more budget-conscious consumers and a sagging stock market. That's left some of them in very tough spots at the start of the new year.

News > Business

Stocks slip as risk sentiment erodes, yields rise

UPDATED: Wed., Dec. 28, 2022

U.S. stocks fell for a second day on concern that the end of China's zero-Covid policy could lead to a rise in cases around the world.

News > Business

U.S. pending home sales fall to second-lowest level on record

UPDATED: Wed., Dec. 28, 2022

U.S. pending home sales fell for a sixth month in November to the second-lowest on record as higher borrowing costs and an uncertain economic outlook kept many potential buyers out of the market.

News > Business

Southwest memos showed growing alarm on eve of epic winter storm

UPDATED: Wed., Dec. 28, 2022

As a winter storm bore down on a broad swath of the U.S., a staffing crisis was brewing for Southwest Airlines in Denver.

News > Agriculture

Yaki-imo potatoes see fourth wave of boom-bust history

UPDATED: Tue., Dec. 27, 2022

Yaki-imo baked sweet potatoes are enjoying a fourth wave of popularity thanks to stores offering a wider variety of the sugary tubers.

News > Business

Southwest draws regulatory scrutiny as thousands more flights canceled

UPDATED: Tue., Dec. 27, 2022

Southwest Airlines accounted for 86 percent of canceled domestic flights Tuesday, drawing the attention of U.S. regulators amid a days-long meltdown of holiday air travel that began with a winter storm late last week.

News > Business

Deadly winter storm exposes deep flaws of U.S. energy system

UPDATED: Tue., Dec. 27, 2022

The deep freeze that blanketed most of the U.S. in the past few days killed dozens and temporarily plunged millions into darkness. Yet the country narrowly escaped an even worse calamity as natural gas and power supplies buckled across several states, laying bare just how vulnerable the electric grid has become to a full-on catastrophe.

News > Business

Gold rises on China’s Covid shift, signs of cooler U.S. inflation

UPDATED: Tue., Dec. 27, 2022

Gold rose – trading above $1,800 an ounce – as China swept away more of its Covid-19 controls, piling pressure on the dollar as risk assets gained.

News > Business

Tech stocks fall, yields climb on China reopening

UPDATED: Tue., Dec. 27, 2022

Tech dragged stocks lower as Treasury yields climbed, with markets digesting prospects for growth and inflation from China's rollback of Covid isolation measures.

News > Business

Recession, rate hikes, diversity: What’s ahead for banks in 2023

UPDATED: Tue., Dec. 27, 2022

The end of 2022 can't come soon enough for many in the banking industry. Sputtering capital markets, job cuts, raging inflation, the crypto meltdown and rising interest rates marked a year of upheaval. Whether 2023 brings revival or more of the same hinges to a large extent on the Federal Reserve.

News > Business

Apple shares hit lowest since June 2021 on iPhone supply concerns

UPDATED: Tue., Dec. 27, 2022

Apple shares touched their lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns over iPhone supply in the key holiday period.

News > Business

Tesla’s deepening rout obliterates half of meteoric 2020 rally

UPDATED: Tue., Dec. 27, 2022

The tailspin in Tesla shares accelerated Tuesday as a report of a plan to temporarily halt production at its China factory rekindled fears about demand risks and put the stock on pace for its longest losing streak since 2018.

News > Business

Inflation-wary shoppers pull back as goods pile up in stores

UPDATED: Tue., Dec. 27, 2022

Jude Snair knows retail. She works in the portrait department of a JCPenney at the Newport Centre mall in New Jersey. But with or without an employee discount, the 20-year-old said she was mostly avoiding holiday shopping this year.

Featured Stories

Tesla fans keep buying, unbowed by the $720 billion wipeout

Latest Stories

Southwest memos showed growing alarm on eve of epic winter storm

Starbucks refused union contract talks at 21 cafes, NLRB alleges

Tesla fans keep buying, unbowed by the $720 billion wipeout

Oil drops from three-week high following Wall Street slump

U.S. watchdogs guarding $5 trillion in COVID aid say they need more money

These buzzwords show how work changed in 2022

Labor seen emerging as a top threat to rally in risky assets

It’s a make-or-break year for these battered companies

Stocks slip as risk sentiment erodes, yields rise

U.S. pending home sales fall to second-lowest level on record

Southwest memos showed growing alarm on eve of epic winter storm

Yaki-imo potatoes see fourth wave of boom-bust history

Southwest draws regulatory scrutiny as thousands more flights canceled

Deadly winter storm exposes deep flaws of U.S. energy system

Gold rises on China’s Covid shift, signs of cooler U.S. inflation

Tech stocks fall, yields climb on China reopening

Recession, rate hikes, diversity: What’s ahead for banks in 2023

Apple shares hit lowest since June 2021 on iPhone supply concerns

Tesla’s deepening rout obliterates half of meteoric 2020 rally

Inflation-wary shoppers pull back as goods pile up in stores

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