Business category, Page 166

Technology companies helped lift stocks higher on Wall Street in afternoon trading Friday, placing the market within striking distance of more record highs. The gains are in line with the market’s modest upward tack this week as investors weigh concerns about the virus tripping up a steady economic recovery against...

Amazon workers voted against forming a union at a warehouse in Alabama, handing the online retail giant a decisive victory and cutting off a path that labor activists had hoped would lead to similar efforts throughout the company and beyond. After months of aggressive campaigning from both sides, 1,798 warehouse...

HARRISBURG — A major Pennsylvania construction contractor was charged Thursday with stealing tens of millions of dollars from its own workers by systematically violating state and federal prevailing wage laws on taxpayer-funded public infrastructure projects. Glenn O. Hawbaker Inc. of State College, a 70-year-old company that booked $1.7 billion in...

Technology companies led stocks to more gains Thursday on Wall Street, nudging the S&P 500 to an all-time high for the third time this week. The benchmark index rose 0.4% and is on track for its third straight weekly gain. Stocks within the S&P 500 were about evenly split between...

Americans are traveling in the greatest numbers in more than a year, and soon they will have two new leisure-oriented airlines to consider for those trips. Both hope to draw passengers by filling in smaller strands on the spider web of airline routes crisscrossing the United States. Avelo Airlines said...

Wall Street capped another choppy day of trading Wednesday with a mixed finish for stock indexes and another all-time high for the S&P 500. The benchmark index inched up 0.1% after spending much of the day wavering between small gains and losses. Technology, communication and financial companies helped lift the...

The U.S. trade deficit grew to a record $71.1 billion in February as a decline in exports more than offset a slight dip in imports, with severe weather taking much of the blame from analysts, who were expecting a slightly lower gap. The coronavirus pandemic has stifled global trade for...

WASHINGTON — The Treasury Department said Wednesday it has issued more than 156 million payments as part of President Joe Biden’s coronavirus relief plan, including 25 million payments that were primarily to Social Security beneficiaries who hadn’t filed 2019 or 2020 tax returns. The direct payments of as much as...

NEW YORK — Target will spend a total of more than $2 billion at Black-owned businesses by 2025 as part of its effort to advance racial equity. That’s a significant increase in overall spending on Black-owned businesses, according to Target, though it declined be more specific Wednesday. The Minneapolis retailer...

This pandemic-related shortage is hitting close to home. Restaurants and fast-food chains are experiencing shortages of ketchup as calls for takeout and delivery have increased and local brand Heinz, which has the “highest market share” of the condiment, has been hit the hardest, according to the Wall Street Journal. Data...

A wobbly day of trading on Wall Street left stocks slightly lower Tuesday, pulling the market back from the all-time highs it reached a day earlier. The S&P 500 snapped a three-day winning streak, slipping 0.1% after wavering between small gains and losses much of the afternoon. Stocks within the...

When stocks are punished, it’s not always for a good reason. That’s why I compile a quarterly Casualty List of stocks that have been banged up in the latest quarter and which I think have the potential to provide above-average gains. On the whole, the Casualty List has been successful....

After happening just once last year, Target returns with their car seat trade-in promotion. Starting on Monday, the company will take back children car seats — including old and expired seats — at Target stores and give customers a 20% coupon good for a new car seat, car seat base,...

WASHINGTON — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to offset any disadvantages that might arise from the Biden administration’s proposed increase in the U.S. corporate tax rate. Citing a “thirty-year race to the bottom” in which countries...

President Joe Biden’s administration is looking for ways to improve face masks — and will give out $500,000 in prizes to help do it. The Mask Innovation Challenge invites Americans to submit ideas to make masks more comfortable to wear and to eliminate “barriers to use,” such as discomfort, contact...

NEW YORK — Although Texas no longer requires people to wear masks to protect against covid-19, customers do need them to enter De J. Lozada’s store. “We cannot afford to take chances with the lives of my staffers. They’re young people and their parents have entrusted me with their care,”...

Stocks on Wall Street notched broad gains Monday as investors welcomed more signs that the economy is on the path to recovery, The S&P 500 rose 1.4% to an all-time high after closing above the 4,000-point mark for the first time last Thursday. The Dow Jones Industrial Average also set...

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated. The company said the shares will be sold through an “at-the-market” offering, which lets...

NEW YORK — Amazon is sorry for tweeting about peeing. The company apologized in a late Friday blog post for a tweet it sent to a congressman more than a week ago denying that its employees work so hard they must urinate in empty water bottles. It also admitted that...

NEW YORK — Stocks rose in many of the markets worldwide that were open on Good Friday, while Treasury yields rallied after a report showed U.S. employers added hundreds of thousands more jobs last month than economists expected. The U.S. bond market closed early after an holiday-shortened session that saw...

TribLIVE High School Sports Network’s general manager Justin LaBar has been recognized by Editor & Publisher, a national industry magazine that focuses on the news industry. LaBar was selected for the publication’s list of 25 news professionals under the age of 35. LaBar, who holds a bachelor’s degree in broadcasting...

America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. The March increase — the most since August — was nearly...

The amount of office space available in Manhattan is at the highest level in at least 30 years. The availability rate jumped to 17.2% in the first quarter, according to a report Thursday by Savills. Much of that was driven by a surge in sublease space, which reached 22 million...