WASHINGTON (AP) — President Donald Trump earlier this week announced a $12 billion farm aid package — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader change in trade policy. He unveiled the plan at [...]
WASHINGTON (AP) — The number of job openings across the country barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy. The Labor Department this week reported that employers posted 7.67 million vacancies in October, close to September’s 7.66 million. The Job Openings and Labor Turnover [...]
PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced this week. The Purchase, N.Y.-based company, which makes Cheetos, Tostitos and other Frito-Lay products as well as beverages, said it will cut nearly 20 percent of its product offerings by early next year. PepsiCo said it [...]
Boeing earlier this week said it has completed a $4.7 billion purchase of key supplier Spirit AeroSystems, which builds fuselages for the giant aerospace company’s 737 Max jetliners, including an Alaska Airlines aircraft that suffered a door-panel blowout last year. The deal, in the works for more than a year, also brings Boeing’s largest provider [...]
The nation’s freight railroad companies are going to be able to try relying more on technology and inspect their tracks in person less often after the federal government last week approved their waiver request. The Association of American Railroads trade group asked for the relief from inspection requirements that were written in 1971 because railroad [...]
NEW YORK (AP) — Paramount has gone hostile in its bid for Warner Bros. Discovery, challenging Netflix, which reached a $72 billion takeover deal with the company last week. Paramount earlier this week said that it is going straight to Warner Bros. shareholders with a bid worth about $74.4 billion, or $30 per share in [...]
WASHINGTON (AP) — The Trump administration is bringing back dozens of Education Department staffers who were slated to be laid off, saying their help is needed to tackle a mounting backlog of discrimination complaints from students and families. The staffers had been on administrative leave while the department faced lawsuits challenging layoffs in the agency’s [...]
WASHINGTON (AP) — The Social Security Administration says it is planning to reduce visits to its field offices in half next year, a move that advocates for the agency fear signals more office closures are coming. Field offices have long been community-based branches that serve as the public face of the Social Security Administration and [...]