Business related news.
A government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom's $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal "to determine whether this application poses a risk to the [...]
Just two years after a “disastrous” growing season, Ohio corn farmers are expecting a record-breaking harvest this fall. “So far, the estimates look really, really good — a record-breaking yield. Very rarely do you have a record-breaking year like this. All-in-all, farmers are going to be very, very happy when they get into the fields,” [...]
NEW ORLEANS (AP) — Louisiana's oyster farmers, crabbers, shrimpers and anglers are nothing if not adaptable, producing millions of pounds of seafood annually, often in water that was dry land a generation ago. They've fought off a devastating oil spill, floods, changing markets and endless hurricanes just to stay in business. After Hurricane Ida, though, [...]
Reusable packaging — from stainless steel ice cream containers to glass jars of soap — is about to become more common at groceries and restaurants worldwide. Loop, a two-year-old company that collects and sanitizes reusable containers, said Wednesday it's expanding after successful trials at groceries in France and Japan. Kroger and Walgreens in the U.S., [...]
NEW YORK (AP) — Google is planning to buy New York City's St. John's Terminal for $2.1 billion, making it the anchor of its Hudson Square campus. The announcement arrives with the city buffeted by the pandemic and most offices still largely unpopulated. While CEO Sundar Pichai said in a blog post late last month [...]
LOS ANGELES (AP) — Even in the hottest housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders. Rising costs of products and shortages of both materials and labor are prompting many homebuilders to pump the brakes on the number of new homes [...]
More than a year after COVID-19-related government restrictions shuttered large gatherings, events and conventions in central Ohio are returning to in-person meetings and industry leaders expect the number of meetings to increase even more by the end of the year. “Despite the Delta variant, we are seeing a bright future in the third and fourth [...]
CHARLESTON, W.Va. (AP) — Part of a finger is not a terrible thing to waste, at least not to Casi Pourfarhadi. The 32-year-old woodworker once sliced off a good chunk of his middle digit while plying his craft. Deep into making two large walnut desks, Pourfarhadi attempted to adjust a piece of the machine with [...]
Younger generations seem to have a knack for disrupting the status quo, and life insurance may be next on the list. As Generation Z and millennial workers challenge the concept of a traditional career and drive an increase in freelancing, the role of workplace group life insurance in long-term financial plans is likely to change. [...]
The gulf between record job openings and a lack of people taking those jobs is forcing Wall Street to reassess the pace of the economic recovery. Jobs were gutted during the pandemic and employment growth has been a closely watched gauge for investors. Increasing employment eventually results in increased consumer spending, which is the biggest [...]