Today’s News
Babies got sick months before formula recall, parents claim
As health officials investigate more than 30 cases of infant botulism linked to ByHeart baby formula since August, parents who say their children were sickened with the same illness months before the current outbreak are demanding answers, too. California public health officials last week confirmed that six babies in that state who consumed ByHeart formula were treated for botulism between November 2024 and June, up to nine months before the outbreak that has sickened at [...]
Plan revived for $20M firefighter training center near train derailment site
Norfolk Southern has worked with the state of Ohio and Youngstown State University to revive plans for a $20 million first responder training center near the site of a Feb. 3, 2023, train derailment near East Palestine. The derailment forced the evacuation of approximately half the small town near the Ohio-Pennsylvania border. Building a training center to help prepare firefighters to deal with a railroad disaster was quickly part of the plan after the derailment. [...]
Busy year for initial public offerings fizzles out in the final months of 2025
NEW YORK (AP) — A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors, analysts say. Many IPOs targeted for the end of this year will likely be pushed into next year as the Securities and Exchange Commission works to clear a backlog of hundreds of registration statements. Shares of companies that did make their market debuts, meanwhile, haven’t fared well [...]
Despite higher wholesale turkey costs, most retailers haven’t hiked prices
CHELSEA, Mich. (AP) — Old Brick Farm, at which Larry Doll raises chickens, turkeys and ducks, was fortunate this Thanksgiving season. Doll’s small farm west of Detroit had no cases of bird flu, despite an ongoing outbreak that killed more than 2 million turkeys in the last three months. He also avoided another disease, avian metapneumovirus, which causes turkeys to lay fewer eggs. “I try to keep the operation as clean as possible, and not [...]
Some Democratic presidential hopefuls not hiding their plans for 2028 election
NEW YORK (AP) — There was a time when presidential hopefuls played coy about their ambitions, crisscrossing the country under the guise of helping other candidates and deflecting when pushed on their obvious plans. Not so for some Democrats considering running in 2028. With no clear party leader and Democratic voters raring for a fight, some could-be candidates are being far more transparent about their intentions, doing away with pretensions as they try to gain [...]
Nicklaus to revamp golf course at Joint Base Andrews
WASHINGTON (AP) — President Donald Trump says he’s enlisting the help of legendary golfer Jack Nicklaus to spruce up the courses at Joint Base Andrews, adding a site long known as the “president’s golf course” to his long list of construction projects. The president took an aerial tour of the Courses at Andrews aboard Marine One on Saturday and promised, “We’re going to do some work” there, as well as to other parts of the [...]
Kohl’s names interim chief as permanent CEO
Kohl’s has named its fourth CEO in as many years, attempting to staunch an extended sales slide. The company this week named Michael Bender as its permanent CEO, nearly seven months after he took over on an interim basis. Bender replaced Ashley Buchanan, who was fired in May after an internal investigation found that he had directed the company to do business with a vendor founded by someone with whom he had a personal relationship. [...]
UPS plane crash could spell the end for MD-11 fleet
The crash of a UPS plane shortly after its left engine flew off of its wing and sparked a massive fire during takeoff could spell the end of the 109 remaining MD-11 airliners that exclusively have been hauling cargo for more than a decade. The fate of the planes won’t be determined until after UPS, FedEx and Western Global see how expensive the repairs the Federal Aviation Administration orders will be and learn whether there [...]
Tea tariffs creating steep prices, shortages
NEW YORK (AP) — A tax on tea once sparked rebellion. This time, it’s just causing headaches. Importers of the prized leaves have watched costs climb, orders stall and margins shrink under the weight of President Donald Trump’s tariffs. Now, even after Trump has given them a reprieve, tea traders say it won’t immediately undo the damage. “It took a while to work its way through the system, these tariffs, and it will take a [...]
Official says sanctions on Russian oil are working
WASHINGTON (AP) — The Trump administration said it is seeing signs that its sanctions on major Russian oil producers are crimping the economic engine that has allowed Moscow to continue to fund its war in Ukraine. Prices for Russian oil have plunged as Indian and Chinese buyers moved to comply with the sanctions before last week’s deadline for companies and banks to wind down business with Russian oil giants Rosneft and Lukoil, a senior Treasury [...]
Legal News
Meta prevails in historic FTC antitrust case
SAN FRANCISCO (AP) — Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram [...]
Judge approves opioid settlement for Purdue Pharma and Sackler family members
A federal bankruptcy court judge earlier this week formally approved OxyContin maker Purdue Pharma’s plan to settle thousands of lawsuits over the harms of opioids. [...]
Judge set to OK Purdue Pharma settlement deal
A judge last week said that he planned to approve a deal for OxyContin maker Purdue Pharma and members of the Sackler family who own [...]
Business News
FlyDubai orders 75 Boeing aircraft
DUBAI, United Arab Emirates (AP) — FlyDubai, the lower-cost sister carrier of Emirates, said it ordered 75 additional Boeing 737 MAX aircraft in a deal [...]
Target’s profit falls 19 percent in latest quarter; retailer vows to invest in stores
NEW YORK (AP) — Target’s third-quarter profit fell as the retailer struggles to lure shoppers. The Minneapolis company earlier this week said that it expects [...]
Past due balances to utility companies are increasing
WASHINGTON (AP) — A growing number of people are falling behind on paying their bills to keep on the lights and heat their homes, according [...]
Real Estate
White House’s 50-year mortgage plan comes with a number of possible drawbacks
NEW YORK (AP) — The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country. [...]
Army Corps OKs reroute of pipeline
MADISON, Wis. (AP) — The U.S. Army Corps of Engineers has approved energy company Enbridge’s plans to reroute an aging oil pipeline around a northern [...]
JPMorgan Chase unveils 60-story HQ
NEW YORK (AP) — JPMorgan Chase unveiled its new 60-story headquarters to the public this week, one of the first major office buildings to be [...]
Politics
Court pauses California’s climate-related risk statute
SACRAMENTO, Calif. (AP) — A U.S. appeals court has paused a California law set to take effect in January requiring large companies to report every [...]
Education Dept. takes step toward shutting down
WASHINGTON (AP) — The U.S. Education Department is handing off some of its biggest grant programs to other federal agencies as the Trump administration accelerates [...]
Settlement gives NPR $36M in funds to operate public radio
WASHINGTON (AP) — National Public Radio will receive approximately $36 million in grant money to operate the nation’s public radio interconnection system under the terms [...]