Month: October 2023
Fed’s Powell gets an earful about inflation and interest rates from small businesses
By CHRISTOPHER RUGABER AP Economics Writer YORK, Pa. (AP) — Federal Reserve officials typically gather many of their insights and observations about the economy from some of the top Ph.D. economists in Washington. On a visit Monday to York, Pennsylvania, Chair Jerome Powell got an earful from a group with a decidedly different perspective: Small-business
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AC/DC pop-up “The AC/DC High Voltage Dive Bar” is coming to Indio
One of Power Trip’s anticipated headliners, AC/DC officially announced Monday the band is launching an exclusive pop-up event to celebrate their triumphant return to the stage this Saturday night. The ACDC High Voltage Dive Bar will open this Thursday, October 5th, and run until Sunday, October 8th from 11:00 am through 10:00 pm. The pop-up
Continue ReadingCorporate America praises the ‘adults’ who averted a government shutdown
By Matt Egan, CNN New York (CNN) — Corporate America is breathing a sigh of relief after lawmakers narrowly avoided a chaotic shutdown of the federal government. Business leaders and economists had warned a shutdown would have hurt the economy by causing vast uncertainty, significant disruptions and hurting confidence. “While brinksmanship is never the answer,
Continue ReadingMexico’s president says 10,000 migrants a day head to US border; he blames US sanctions on Cuba
MEXICO CITY (AP) — Mexico’s president says that about 10,000 migrants per day are heading to the U.S. border, and he blames U.S. economic sanctions on countries like Cuba and Venezuela for the influx. President Andrés Manuel López Obrador says the surge of migrants reaching Mexico’s northern border with the United States is partly due
Continue ReadingGovernment sues Union Pacific over using flawed test to disqualify color blind railroad workers
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The federal government has joined more than a dozen former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were color blind and might have trouble reading signals telling them to stop a train. The
Continue ReadingGovernment sues Union Pacific over using flawed test to disqualify color blind railroad workers
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The federal government has joined more than a dozen former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were color blind and might have trouble reading signals telling them to stop a train. The
Continue ReadingA new twist in the Trump Truth Social merger
CNN By Matt Egan, CNN New York (CNN) — The long-delayed and highly controversial deal to bring Truth Social and the Trump media empire to Wall Street has a new twist – the merger could get terminated by either party. Under an updated merger agreement, both parties in the deal will have the opportunity to
Continue ReadingA new twist in the Trump Truth Social merger
By Matt Egan, CNN New York (CNN) — The long-delayed and highly controversial deal to bring Truth Social and the Trump media empire to Wall Street has a new twist – the merger could get terminated by either party. Under an updated merger agreement, both parties in the deal will have the opportunity to kill
Continue ReadingJohn Oliver returns to his HBO show, urging more workers to unionize
By Jordan Valinsky, CNN New York (CNN) — Comedian John Oliver returned to his HBO show “Last Week Tonight” on Sunday, becoming the latest late night host to air a new program following the end of the writers’ strike. “We missed so much that it would take a whole new version of Billy Joel’s ‘We
Continue ReadingMicrosoft CEO says unfair practices by Google led to its dominance as a search engine
By SUMAN NAISHADHAM Associated Press WASHINGTON (AP) — Microsoft CEO Satya Nadella said Monday that unfair tactics used by Google led to its dominance as a search engine, tactics that in turn have thwarted his company’s rival program, Bing. Nadella testified in a packed Washington, D.C., courtroom as part of the government’s landmark antitrust trial
Continue ReadingVuitton transforms Paris with a playful spectacle of color, stars and history
By THOMAS ADAMSON AP Fashion Writer PARIS (AP) — Louis Vuitton dazzled Paris as the latest collection from women’s creative director Nicolas Ghesquière swirled epochs and emotions. A burst of harlequin vibrancy met ’70s nostalgia, such as striped shirts contrasting against the resolute feel of a 70s box camera necklace. Ghesquière’s craftsmanship, while masterful, sometimes
Continue ReadingLeBron James says Bronny is doing well, working to play for USC this season after cardiac episode
By GREG BEACHAM AP Sports Writer EL SEGUNDO, Calif. (AP) — LeBron James says his son, Bronny, is progressing in his rehabilitation from cardiac arrest in hopes of playing for the University of Southern California this season. James gave the update on his 18-year-old son Monday when the Los Angeles Lakers held their annual media
Continue ReadingLeBron James says Bronny is doing well, working to play for USC this season after cardiac episode
By GREG BEACHAM AP Sports Writer EL SEGUNDO, Calif. (AP) — LeBron James says his son, Bronny, is progressing in his rehabilitation from cardiac arrest in hopes of playing for the University of Southern California this season. James gave the update on his 18-year-old son Monday when the Los Angeles Lakers held their annual media
Continue ReadingStock market today: Most of Wall Street falls as the bond market cranks up the pressure
By STAN CHOE AP Business Writer NEW YORK (AP) — Most stocks are falling Monday as the constrictor of higher interest rates tightens its coils around Wall Street. The S&P 500 was 0.5% lower in late trading, coming off its worst month of the year. The Dow Jones Industrial Average was down 204 points, or
Continue ReadingBe prepared for 7% interest rates, warns Jamie Dimon
By Nicole Goodkind, CNN New York (CNN) — JPMorgan Chase CEO Jamie Dimon issued a stark warning Monday to Wall Street: The Federal Reserve may be far from finished with its aggressive regimen of interest rate hikes in the fight against elevated inflation. Most analysts say the central bank will raise interest rates just one
Continue ReadingWarriors forward Draymond Green sidelined for start of training camp with sprained ankle
By JANIE McCAULEY AP Sports Writer SAN FRANCISCO (AP) — When Draymond Green is healthy again, he’s eager to keep getting to know Chris Paul as a Warriors teammate — no longer as a fierce nemesis. Green acknowledged there has been some serious dislike of Paul in the past strictly based on both of them
Continue ReadingSaudi soccer team refuses to play in Iran over statue of slain general, in potential diplomatic row
DUBAI, United Arab Emirates (AP) — Saudi state media say a Saudi soccer team has refused to play a match in Iran because of a statue of a slain Iranian general placed on the sideline. The Saudi Al Ittihad club and its star striker Karim Benzema were scheduled to play Iran’s Sepahan in the the
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11 killed after Mexico church roof collapses
By CNN’s Lucas Lilieholm and CNNE’s Gonzalo Jimenez (CNN) — At least 11 people were killed and two people seriously injured on Sunday after the roof of a church in northern Mexico collapsed, officials said. Preliminary reports indicate that about 100 people were inside the building in Ciudad Madero at the time of the incident,
Continue ReadingEx-MLB pitcher Trevor Bauer, woman who accused him of assault in 2021 settle legal dispute
By BETH HARRIS AP Sports Writer LOS ANGELES (AP) — Former major league pitcher Trevor Bauer and a woman who accused him of beating and sexually assaulting her in 2021 have settled their legal dispute, Bauer’s attorneys said Monday. “Both of their respective claims have been withdrawn with prejudice, effective today,” attorneys Jon Fetterolf and
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