Business
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UAW reaches secret deal with Rivian to make unionizing easier
In recent months, the United Auto Workers reached an agreement with Rivian Automotive Inc. that would make it easier to unionize the company’s workforce — contingent on the electric-vehicle maker ever reaching profitability.
Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize...Read more
Hanukkah decor is hotter than ever
Hanukkah tea towels. Menorah napkins and paper plates. Tie-dye Hanukkah pajama sets. Children’s books, such as "Hanukkah Hippity-Hop" and "Oy, Santa!"
All are items flying off the shelves at the store inside the Weitzman National Museum of American Jewish History in Philadelphia.
“Our business is really powered by Hanukkah,” said ...Read more
US jobless claims fell last week during holiday season volatility
Applications for US unemployment benefits fell last week after spiking earlier this month, continuing a streak of volatility that often occurs during the holiday season.
Initial claims decreased by 22,000 to 220,000 in the week ended Dec. 14. The median forecast in a Bloomberg survey of economists called for 230,000 applications.
Claims data ...Read more
US existing-home sales rise as buyers accept high mortgage rates
Existing-home sales in the U.S. topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.
Contract closings increased 4.8% to an annualized rate of 4.15 million in November, the most since March, according to data released Thursday by the National Association of ...Read more
Real estate Q&A: Our neighbor flies drones near houses. What are our privacy rights?
Q: Our neighborhood has a few recreationalists who like to fly drones. One likes to fly near people’s houses at night — sometimes at altitude levels even with the home’s windows. We all know that drones are equipped with cameras. It can’t be right to allow such invasions of privacy. What are our rights, and what can be done? — Alan
A:...Read more
GM, ChargePoint partner to install up to 500 ultra-fast charging ports in US
General Motors Co. and ChargePoint, a leading charging company, are partnering to install up to 500 ultra-fast charging ports in the United States, the companies said Wednesday.
The companies didn't specify where the stations will be but said they would go in "strategic locations." The locations should be open and available to the public before...Read more
Amazon delays RTO mandate for thousands of workers due to space
Amazon.com Inc. won’t have enough space for thousands of employees when they start returning to the office five days a week next month.
The company recently told some personnel working in at least seven cities — including Austin, Dallas and Phoenix — that their return dates will be pushed back as much as four months, according to people ...Read more
Biden administration grants key waiver for California auto rules, EV mandate
WASHINGTON — The Biden administration finalized a decision Wednesday allowing California to enact influential and long-planned vehicle emissions regulations that set an effective 100% electric vehicle requirement for one-third of the U.S. auto market by 2035.
The regulations — if they survive the significant administrative and legal ...Read more
Fed lowers interest rates again but dials back plans for more cuts in the future
The Federal Reserve on Wednesday made another cut in interest rates, but, signaling what its leader called a new phase in policy, the central bank dialed back expectations for lowering rates in the near future.
Earlier plans for several more rate cuts in 2025 have become muddied as progress the Fed made on curbing inflation has stalled. And ...Read more
The Port of Los Angeles is expecting a record December
The Port of Los Angeles is on track to process more than 10 million container units this year and is expecting a record-breaking December.
The port in San Pedro handled more than 880,000 Twenty-Foot Equivalent Units (TEUs) in November, up 16% from the same period last year, Executive Director Gene Seroka said. This year, the port has moved more...Read more
Fed lowers interest rates again but dials back plans for more cuts in the future
The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future.
The rate reduction, the third in a row, had been widely expected, but where policymakers go from here is anything but certain.
Plans for several more rate cuts in 2025 have become muddied as progress the Fed ...Read more
Retailers like Best Buy, Target offer last-minute shoppers a Santa's little helper: AI
Say your nephew needs a Christmas present and you vaguely know what he’s into these days. A new Gift Finder feature on the Best Buy app lets users ask questions like, “What can I get for a 10-year-old who loves Minecraft?”
The artificial intelligence-powered chatbot responds with a list of products like the latest versions of the game, ...Read more
General Mills trading profits for price cuts to win back customers
General Mills is forgoing profit growth to boost promotions and other short-term price cuts over the next six months in an effort to revive customer loyalty for the long haul.
The Minnesota-based maker of Bisquick and Bugles is responding to consumer pressure over persistently high food prices, especially among national brands. After years of ...Read more
Biden administration grants key waiver for California auto rules, EV mandate
WASHINGTON — The Biden administration finalized a decision Wednesday allowing California to enact influential and long-planned vehicle emissions regulations that set an effective 100% electric vehicle requirement for one-third of the U.S. auto market by 2035.
The regulations — if they survive the significant administrative and legal ...Read more
Texas attorney general sues 3M, Dupont for 'falsely advertising' PFAS as safe
Texas is suing 3M and Dupont for deceptively marketing products containing PFAS, adding a new layer of litigation to the reckoning over the toxic “forever chemicals.”
The chemicals have been used for decades as nonstick, waterproof and stain-resistant coatings in products like 3M’s Scotchgard and DuPont’s Teflon. Texas Attorney General ...Read more
Small pharmacies are being driven out of business. 'We can't afford to stay'
ST. LOUIS — Keller Apothecary opened in 1933 and nearly a century later was still filling as many as 200 prescriptions a day. It made $2 million in sales last year.
Customers were known by name. Help-yourself containers of candy and dog treats sat on the glass countertop. Thank-you notes and neighborhood news filled a corkboard inside the ...Read more
Startup aims to use rails, not power lines, to transport renewable energy; Colorado may host pilot project
Freight trains criss-crossing the country carry cars of coal and tanks of oil and natural gas to power plants to help keep the nation’s electric grid going. Could freight trains haul electrons generated by renewable energy sources for the same purpose?
That was a question that Christopher Smith, who has an extensive background in the ...Read more
Tech review: Last minute gift ideas with something for everyone
Christmas is approaching fast, but you still have time to grab a gift for the techies in your life.
Today we have a grab bag of items. I’ve been personally testing these, and I can assure you they will be well received.
As usual, I’m going to be including list pricing, but you may find the items on sale when you visit their websites.
...Read more
A comeback for California manufacturing? Trump 2.0 raises hopes -- and some worries
Miriam Mesina de Gutierrez was 19 years old when she got hired at Paulson Manufacturing in Temecula. It was the summer of 2001 and the job was only part time: on an assembly line, applying an anti-fog, anti-scratch coating to face shields for workers in other industries.
Never in her wildest dreams could she have imagined where that $6.75-an-...Read more
Philip Morris boss sees no easy way to keep minors from nicotine
Just a year after he became chief executive officer of Philip Morris International Inc., Jacek Olczak swooped on rival nicotine pouch maker Swedish Match in a $16 billion deal.
Olczak wanted the company’s vast U.S. distribution network and popular Zyn nicotine pouches, which are about the size of a chiclet and meant to be placed between a ...Read more
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