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ALBUQUERQUE, N.M. (AP) — The Trump administration says it will be initiating formal meetings with Native American tribes in the Southwest as it considers revoking a 20-year ban on oil and gas development across of hundreds of square miles of federal land surrounding Chaco Culture National Historical Park. The Bureau of Land Management made the [...]
Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer-health goods company. Shareholders of Kimberly-Clark will own about 54 percent of the combined company. Kenvue shareholders will own about 46 percent in what is one of the largest corporate takeovers this year. The combined company [...]
LOS ANGELES (AP) — The number of homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years. About 28 out of every 1,000 homes changed hands between January and September, the lowest home turnover rate going back to at least [...]
NEW YORK (AP) — The country is running out of pennies. President Donald Trump’s decision to stop producing the penny earlier this year is starting to have implications for the nation’s commerce. Merchants in multiple regions of the country have run out of pennies and are unable to produce exact change. Banks, meanwhile, are unable [...]
WASHINGTON (AP) — Consumer confidence dropped slightly in October, according to a new federal government report. The Conference Board said that its latest consumer confidence index fell by 1 point to 94.6 in October from an upwardly revised September reading of 95.6. Economists were expecting the reading to come in unchanged from the previous month. [...]
Amazon has announced that it will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the [...]
WASHINGTON (AP) — The first caller on a telephone town hall with Maryland Rep. Andy Harris, leader of the House’s Freedom Caucus, came ready with a question about the Affordable Care Act. Her cousin’s disabled son is at risk of losing the insurance he gained under that law, the caller said. “Now she’s looking at [...]
WASHINGTON (AP) — Inflation remained elevated last month as gas prices jumped while the cost of rents cooled, painting a mixed picture of the expenses consumers are facing. Consumer prices increased 3 percent in September from a year earlier, according to the latest data from the Labor Department. That’s the highest since January and up [...]
The number of homes sold in central Ohio is up 2.1 percent so far this year compared to the first nine months of 2024, according to new figures from Columbus Realtors. Home sales increased 7.9 percent in September with an average sale price of $368,290. The average price of a home sold this year is [...]
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in Six Flags Entertainment, which owns Cedar Point in Sandusky and Kings Island in Mason. The group says it intends to press the company’s leadership on ways to improve the struggling amusement [...]