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Boeing hires new CEO; company posts loss of more than $1.4 billion in second quarter

Boeing earlier this week named a longtime aerospace industry veteran as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems. Robert "Kelly" Ortberg, a former CEO at Boeing supplier Rockwell Collins, will succeed David Calhoun as CEO and president effective Aug. 8, the company [...]

By |2024-08-05T12:20:39-04:00Friday, August 2, 2024|

Stores try to lure back-to-school shoppers with deals and ‘buy now, pay later’ plans

NEW YORK (AP) — Mass market retailers are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices. To seal the deal, they are marketing "buy now, pay later" services as a way for customers to spread out the cost of going back to class in style. The strategies for securing [...]

By |2024-08-02T11:59:02-04:00Thursday, August 1, 2024|

Wall Street awaits clues for Fed rate cuts

WASHINGTON (AP) — Two years after launching a fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September. A rate reduction this fall — the first since the pandemic [...]

By |2024-08-01T14:04:30-04:00Wednesday, July 31, 2024|

Climate activists seek an end to incentives from government for wood pellet industry

GLOSTER, Miss. (AP) — This southern Mississippi town’s expansive wood pellet plant was so close to Shelia Mae Dobbins’ home that she sometimes heard company loudspeakers. She says industrial residues coated her truck and she no longer enjoys spending time outdoors. Dobbins feels her life — and health — were better before 2016, when Drax [...]

By |2024-07-31T12:18:53-04:00Tuesday, July 30, 2024|

Economy grew at 2.8% rate last quarter

WASHINGTON (AP) — The nation's economy accelerated last quarter at a 2.8 percent annual pace, according to a new report from the Commerce Department. The report said the gross domestic product — the economy's total output of goods and services — picked up in the April-June quarter after growing at a 1.4 percent pace in [...]

By |2024-07-31T12:18:39-04:00Monday, July 29, 2024|

Many employers are instituting policies to safeguard workers from extreme heat

McKINNEY, Texas (AP) — At the start of every work day, construction worker Charles Smith puts on the essentials, including a hard hat, safety glasses, a reflective vest and a small, watch-like band for his wrist. Rather than track time, however, the band’s purpose is to ensure he doesn't overheat while working during sweltering summer [...]

By |2024-07-29T14:49:00-04:00Friday, July 26, 2024|

Inland counties more likely than coastal ones to be deemed eligible for federal disaster funds

Floyd County keeps flooding and the federal government keeps coming to the rescue. In July 2022, at least 40 people died and 300 homes were damaged when the eastern Kentucky county flooded. It was the 13th time in 12 years that the rural county was declared a federal disaster. Those are disasters so costly that [...]

By |2024-07-26T10:51:55-04:00Thursday, July 25, 2024|

Lawsuit alleges abuse by some employees at housing facilities for migrant children

MCALLEN, Texas (AP) — As allegations of sexual abuse grew at the largest housing provider for unaccompanied migrant children in the nation, officials continued placing children in their care in a system that lacks adequate oversight, advocates say. A lawsuit filed last week by the Justice Department alleges employees of Southwest Key Programs Inc. sexually [...]

By |2024-07-25T14:31:48-04:00Wednesday, July 24, 2024|

As greenhouses become more popular, concerns about worker welfare grow

From opposite ends of the world, the uncomfortable conditions Shamim Ahamed and Purvi Tiwari experienced doing separate doctoral research inside greenhouses inspired them to study the heat in the indoor structures. Tiwari, a researcher at Indira Gandhi Agricultural University in India, realized the heat-amplifying effect of greenhouses is a big concern that should be studied [...]

By |2024-07-23T14:36:30-04:00Monday, July 22, 2024|
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