Business category, Page 100

Whether you’re shopping for tech deals on Amazon or indie crafts on Etsy, you probably noticed there are more options at checkout than just using a credit card. More retailers are using “Buy Now, Pay Later” platforms such as Klarna, Affirm, Afterpay and Paypal to spread out payments in installments....

Stocks closed broadly lower Thursday on Wall Street as stronger-than-expected reports on the U.S. economy stoked worries about interest rates staying high. The S&P 500 fell 1.4% after having been down as much as 2.9% earlier in the day. The pullback brings Wall Street’s main measure of health back to...

Coinbase Global Inc. leads this year’s list of stock-market disasters. Here are the stocks down the most through Dec. 16, among all stocks with a market value of $5 billion or more. • Coinbase Global Inc. (COIN) 85.5% • Snap Inc. (SNAP) 82% • Twilio Inc. (TWLO) 81.8% • Lucid...

SAN FRANCISCO — Elon Musk is defending his massive cost-cutting at Twitter as necessary for the social media platform to survive next year, due in part to debt payments tied to his $44 billion takeover of the company. “This company is like, basically, you’re in a plane that is headed...

NEW YORK — Stocks closed modestly higher on Wall Street, while bond markets around the world felt pain Tuesday after a surprise move from Japan’s central bank cranked up the pressure on an already slowing global economy. The S&P 500 rose 0.1% after flipping between small losses and gains in...

U.S. Steel and the United Steelworkers have ratified a four-year contract on behalf of about 11,000 members. The contract, which was tentatively struck on Nov. 8, covers 13 local unions at U.S. Steel’s domestic flat-rolled facilities, iron ore mining facilities and tubular operations, including the Mon Valley Works in Allegheny...

From a little-known manufacturing firm’s 13,000% rally in its U.S. stock-market debut to a flash crash across Nordic stocks, there was no shortage of dramatic moments that consumed equity investors’ focus in 2022. It was a turbulent period for global stocks amid central banks’ efforts to tamp down rampant inflation,...

The maker of the popular Fortnite video game will pay $520 million in penalties and refunds to settle complaints revolving around children’s privacy and its payment methods that tricked players into making unintended purchases, U.S. federal regulators said Monday. The Federal Trade Commission reached the settlements to resolve two cases...

Dave Meckel’s Glassport home is Ground Zero for air pollution in the Mon Valley. Sitting on a quiet back road about 850 yards from U.S. Steel’s Irvin Works on the Monongahela River, the home accumulates its share of black, sooty particulate matter from the plant, as well as from U.S....

Wall Street started off the week with more losses for stocks Monday, as investors brace for higher interest rates from central banks to fight inflation. The S&P 500 fell 0.9%, with most of the sectors in the benchmark index closing in the red. The Dow Jones Industrial Average fell 0.5%...

Chrysler has recalled more than 1.2 million Ram pickup trucks because the tailgates may not latch properly. The 1,234,657 model years 2019-2022 Ram 1500, 2500 and 3500 trucks have “misaligned tailgate strikers” that cause the latch to fail and “could result in the tailgate opening while driving,” according to documents...

Millions of Twitter users asked Elon Musk to step down as head of Twitter in a poll the billionaire created and promised to abide by. When the poll closed Monday, however, it still wasn’t clear if there would be a new leader for the social media platform, which has grown...

Twitter users will no longer be able to link to certain rival social media websites, including what the company described Sunday as “prohibited platforms” Facebook, Instagram and Mastodon. It’s the latest move by Twitter’s new owner Elon Musk to crack down on certain speech after he shut down a Twitter...

Elon Musk’s abrupt suspension of several journalists who cover Twitter widens a growing rift between the social media site and media organizations that have used the platform to build their audiences. Individual reporters with The New York Times, The Washington Post, CNN, Voice of America and other news agencies saw...

Elon Musk’s abrupt suspension of several journalists who cover Twitter is adding to a growing rift between the social media site and media organizations that have used the platform to build their audiences. Accounts of reporters with The New York Times, Washington Post, CNN, Voice of America and other publications,...

The Pennsylvania Department of Environmental Protection has issued a notice of violation against Shell’s multibillion-dollar ethane cracker plant in Beaver County, which became fully operational last month. Shell was hit with the violation notice on Wednesday after the DEP said it exceeded the emission standards set between the company and...

BANGKOK — The U.S. Department of Commerce is adding 36 Chinese high-tech companies, including makers of aviation equipment, chemicals and computer chips, to an export controls blacklist, citing concerns over national security, U.S. interests and human rights. The inclusion of the companies in the trade “Entity List” means that export...

Starbucks workers around the U.S. are planning a three-day strike starting Friday as part of their effort to unionize the coffee chain’s stores. More than 1,000 baristas at 100 stores are planning to walk out, according to Starbucks Workers United, the labor group organizing the effort. The strike will be...

It seems as if — at least this holiday season — what was old is new again at Westmoreland Mall. On a December afternoon, the mall is buzzing with happy shoppers, hungry food court patrons and cheerful Christmas tunes. Children wave to their parents from the Christmas train, a kiosk...

Twitter suspended the accounts of several journalists who cover the social media platform, the latest battle over what can and cannot be said on the site since billionaire Elon Musk took control of it. Accounts of reporters with The New York Times, Washington Post, CNN, Voice of America and other...

Trulieve, a medical marijuana company with locations throughout Pennsylvania, is laying off an unspecified number of people at its growing facility in McKeesport. The company said in a statement the cuts are the “result of greater efficiencies throughout our supply chain and retail operations in the state.” “Where possible, we...

ALBANY, N.Y. — New York on Thursday became the latest state to ban the sale of cats, dogs and rabbits in pet stores in an attempt to target commercial breeding operations decried by critics as “puppy mills.” The new law, which was signed by Gov. Kathy Hochul and takes effect...

Shares of Tesla rose slightly in midday trading Thursday despite news that CEO Elon Musk sold another $3.58 billion worth of the electric vehicle maker’s stock this week. The stock traded at $157.06 at midday, near its two-year lows, but it was faring better than the broader markets. Musk, the...