Business related news.
ORIENT (AP) — The rye and rapeseed that Rick Clifton cultivated in central Ohio were coming along nicely — until his tractor rumbled over the flat, fertile landscape, spraying it with herbicides. These crops weren't meant to be eaten, but to occupy the ground between Clifton's soybean harvest last fall and this spring's planting. Yet [...]
NEW YORK (AP) — More than a year after coronavirus shutdowns sent "the city that never sleeps" into a fitful slumber, New York could be wide awake again this summer. As of Wednesday, vaccinated New Yorkers can shed their masks in most situations, and restaurants, stores, gyms and many other businesses can go back to [...]
There's a wild card in the push to return to post-pandemic life: Many workers don't want to go back to the jobs they once had. Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, gave many Americans the time and the financial cushion to rethink their careers. Their former employers are hiring again [...]
OMAHA, Neb. (AP) — Even as railroads are operating longer and longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters. More than 22 percent of the jobs at railroads Union Pacific, [...]
NEW YORK — AT&T said this week it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create a new media heavyweight in a $43 billion deal. The deal, which isn't slated to close until next year, will create a new publicly traded company that will enter a [...]
ATLANTIC CITY, N.J. — Two Atlantic City casinos will be getting a $170 million makeover of their hotel rooms this summer as part of a $400 million investment their parent company is making in the city over the next three years. Caesars Entertainment said recently it will begin the project by redoing hotel rooms at [...]
ATHENS, Ga. (AP) — Chili dogs, onion rings and frosted orange milkshakes could soon be in shorter supply for students at the University of Georgia. The Athens Banner-Herald reports The Varsity has applied for permission to tear down its decades-old Athens location. Athens-Clarke Commissioner Melissa Link said the Gordy family, which owns the restaurant, started [...]
NEW YORK (AP) — In many downtown areas where companies closed their offices and commuting ground to a halt, sandwich shops, bakeries and other small businesses are waiting with guarded optimism for their customers to return. Teresa Ging could count on a steady stream of office workers coming to Sugar Bliss Bakery for muffins and [...]
DURHAM, N.H. (AP) — When the pandemic struck last year, oyster farmer Chris Burtis soon realized the restaurants that bought his oysters had mostly closed. Without a new market, his Ferda Farms faced potential economic ruin. Then, Burtis heard The Nature Conservancy in partnership with The Pew Charitable Trusts was buying millions of bivalves around [...]
Suppose you were Mark Zuckerberg, recently ordered by an advisory board to decide how long former President Donald Trump should stay banned from Facebook. How do you make that decision without alienating key constituencies — advertisers, shareholders, users, lawmakers and others — while staying true to your own sense of what Facebook should be? It's [...]