Business related news.
NEW YORK (AP) — For a brief moment this summer, it seemed like small businesses might be getting a break from the relentless onslaught of the pandemic. More Americans, many of them vaccinated, flocked to restaurants and stores without needing to mask up or socially distance. But then came a surge in cases due to [...]
WASHINGTON — Employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy with many companies struggling to fill millions of open jobs. To an extent that has surprised economists, many people who lost or quit their jobs during the pandemic recession [...]
Companies will soon start reporting their latest quarterly financial results and investors have been warned that inflation is going to sting. Retailers, auto makers and a wide range of manufacturers have all warned investors that a supply chain crunch and higher raw materials costs are adding to expenses and hurting profits. A COVID-19 resurgence during [...]
BENICIA, Calif. (AP) — The machine Ted Bowman helped design can make water out of the air, and in parched California, some homeowners are already buying the pricey devices. The air-to-water systems work like air conditioners by using coils to chill air, then collect water drops in a basin. "Our motto is, water from air [...]
In a time when it seems like there are shortages of just about any consumer product, autumn and Halloween decorators should have little problem finding pumpkins around central Ohio. If early harvests are any indication, it’ll be a good year for Ohio pumpkin farmers resulting in ample gourds available at local stores, says Brad Bergefurd, [...]
FRANKFORT, Ky. (AP) — Kentucky's bourbon industry is signaling that it's increasingly bullish on its future after reaching new production heights despite the COVID-19 pandemic and trade disputes in key overseas markets. Bluegrass State bourbon producers filled nearly 2.5 million barrels in 2020, setting a new production record, the Kentucky Distillers' Association said Monday. It [...]
BERLIN (AP) — A major shipping industry group said this week that its members will aim for "net-zero" carbon emissions by 2050, following a commitment to the same goal by the world's airline industry. The current target set by the International Maritime Organization, a United Nations body, is to reduce emissions from international shipping by [...]
WARREN, Mich. — General Motors says it's building a huge new electric vehicle battery lab in Michigan where scientists will work on chemistry to cut costs 60 percent over current vehicles and allow people to travel 500 to 600 miles per charge. Structural steel already is in place for the 300,000-square-foot lab on the grounds [...]
EAST RUTHERFORD, N.J. (AP) — If you build it during a pandemic, will they still come? American Dream put that to the test when it opened the new luxury shopping wing of its megamall in September, just across the Hudson River from Manhattan in East Rutherford, New Jersey, featuring Saks Fifth Avenue, Dolce & Gabbana, [...]
Foxconn Technology Group, the world's largest electronics maker, has a deal to buy a huge auto assembly plant in Lordstown from startup electric truck maker Lordstown Motors, the companies announced Thursday. The agreement stands to give Taiwan-based Foxconn, best known for making Apple iPhones, an entry into the growing electric vehicle market, a move it [...]