ECONOMICS NEWS

Australian judge says it is unreasonable to require X to hide video of church stabbing for all users
An Australian judge says it would be unreasonable for the country’s internet safety watchdog to require social platform X to hide video of a bishop being stabbed in a Sydney church from all of its users around the world

Source: Associated Press
Monday, May 13 2024

Bumble's billboard ads sneered at celibacy as an alternative to dating — and the company got stung
The dating app Bumble got stung after running billboard ads that appeared to sneer at celibacy as an alternative to meeting people online

Source: Associated Press
Monday, May 13 2024

New funding to support twin ports of San Pedro Bay complex
The San Pedro Bay complex expects to receive more than $112 million for construction upgrades, operations and maintenance activities.

Source: City News Service
Monday, May 13 2024

LA County to reopen rent relief program applications for limited time
Several community organizations will provide free webinars and technical assistance in multiple languages.

Source: City News Service
Monday, May 13 2024

Hedge fund operators go on trial after multibillion-dollar Archegos collapse
A federal fraud trial has begun for the owner and chief financial officer of a hedge fund that collapsed

Source: Associated Press
Monday, May 13 2024

Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnight

Source: Associated Press
Monday, May 13 2024

Melinda French Gates resigns as Gates Foundation co-chair, 3 years after her divorce from Bill Gates
Melinda French Gates announced Monday that she will step down as co-chair of the Bill & Melinda Gates Foundation

Source: Associated Press
Monday, May 13 2024

Downtown Orlando businesses complain as increased weekend road closures limit access to parking garages
Owners of some downtown Orlando businesses say the closures are frustrating for their patrons and employees.

Source: Jeff Allen
Monday, May 13 2024

Lexington's historic Palmer building now a WayPoint center
A grand opening was held Monday, where Gov. Andy Beshear, D-Ky., was in attendance.

Source: Sabriel Metcalf
Monday, May 13 2024

Proposal would carve path to new tourism projects in Seminole County
Data shows 2.2 million people visited the county last year alone.

Source: Destiny Wiggins
Monday, May 13 2024

OpenAI launches GPTo, improving ChatGPT's text, visual and audio capabilities
OpenAI has introduced a new artificial intelligence model

Source: Associated Press
Monday, May 13 2024

Crews begin demolition to remove Baltimore bridge wreckage from ship
Workers began making precision cuts Monday to the truss using small explosives.

Source: Ryan Chatelain
Monday, May 13 2024

Ohio adult-use marijuana sales approved as part of 2023 ballot measure could begin by mid-June
A dual licensing program will allow existing medical marijuana dispensaries to also sell non-medical pot products.

Source: Associated Press
Monday, May 13 2024

Berry plugs into the fast lane with expanded internet service
Spectrum is expanding service to Berry, Kentucky, its 10,000th community served.

Source: Sam Knef
Monday, May 13 2024

US company Booking Holdings added to European Union's list for strict digital scrutiny
Booking Holdings, the U.S. company that owns Booking

Source: Associated Press
Monday, May 13 2024

GM's Cruise to start testing robotaxis in Phoenix area with human safety drivers on board
General Motors’ troubled Cruise autonomous vehicle unit says it will start testing robotaxis in Arizona this week with human safety drivers on board

Source: Associated Press
Monday, May 13 2024

Argentina will get next installment of bailout as IMF praises Milei's austerity policies
The International Monetary Fund, Argentina’s biggest creditor, has agreed to release the next tranche of loans due under a bailout program

Source: Associated Press
Monday, May 13 2024

Former Rep. Mike Gallagher takes a job at Titletown Tech
As a senior strategic adviser, Gallagher will work with startups and established businesses to explore “technology-driven transformations.”

Source: Aly Prouty
Monday, May 13 2024

Austin-based Indeed announces another round of layoffs
According to a letter from CEO Chris Hyams, 1,000 people will be let go, which is about 8% of the company.

Source: Ashley McElroy
Monday, May 13 2024

National Corvette Museum offering free admission for military personnel, their families
It is one of eight Kentucky museums participating in the Blue Star Museums initiative.

Source: Connor N. Smith
Monday, May 13 2024

Chinese EV called Seagull could pose threat to U.S. auto industry
The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China.

Source: Associated Press
Monday, May 13 2024

Rally held outside Northridge Hospital seeking improved childcare system
It's part of a nationwide campaign called A Day Without Child Care.

Source: City News Service
Monday, May 13 2024

Now Hiring: Landmark Credit Union looks to grow team
The credit union is looking to hire more than 20 tellers.

Source: Ryan Burk
Monday, May 13 2024

Australian judge lifts court ban on X showing video of Sydney church stabbing
An Australian judge has lifted a ban on the social media platform X showing Australians a video of a bishop being stabbed in a Sydney church

Source: Associated Press
Monday, May 13 2024

Restaurant shares thoughts on Gas Plant District redevelopment project
A Red Mesa Mercado manager said the project, when finished, would likely bring in additional customers.

Source: Matt Lackritz
Sunday, May 12 2024

Hotel union workers end strike against Virgin Hotels Las Vegas with contract talks set for Tuesday
The largest labor union in Nevada has ended a planned 48-hour strike meant to pressure Virgin Hotels Las Vegas to agree to a five-year contract on wages and benefits

Source: Associated Press
Sunday, May 12 2024

Apple Store employees in Maryland vote to authorize a first strike over working conditions
Workers at the first Apple Store to unionize have now also authorized a first strike against the tech giant’s retail operations

Source: Associated Press
Sunday, May 12 2024

Most Californians will see $24 fixed fee in electric bill starting next year
New billing structure will implement monthly fixed fee model ranging from $6 to $24.

Source: Vania Patino
Sunday, May 12 2024

Apple Barn Cafe drawing large crowds during opening week of Brimfield Flea Market
The restaurant, which is normally closed on most weekdays, opens all week for the antique show with different menu options for breakfast and lunch.

Source: Richard Damas
Sunday, May 12 2024

A fire burns down a shopping complex housing 1,400 outlets in Poland's capital
A major fire broke out in a vast shopping complex in the Polish capital that housed some 1,400 shops and service outlets

Source: Associated Press
Sunday, May 12 2024

Commuter rail service in northeast Spain has been disrupted by theft of copper cables near Barcelona
Spanish rail authorities say commuter rail service serving Barcelona and northeastern Spain has suffered major disruption because of the theft of copper cables from a train installation

Source: Associated Press
Sunday, May 12 2024

Tacos galore in Cincinnati for the 3rd annual The Real Taco Fest
About 20 restaurants and food trucks were in attendance for the festival at Smale Riverfront Park.

Source: Ryan Hayes-Owens
Sunday, May 12 2024

Rebels kill at least 4 people during an attack on a Central African Republic mining town
Authorities say that anti-government rebels in the Central African Republic have carried out an attack in a village known for gold mining

Source: Associated Press
Sunday, May 12 2024

Hospitality workers prepare to feed thousands at 2024 PGA Championship
The temporary operation is designed to feed 200,000 fans for the weeklong event.

Source: David Williams
Sunday, May 12 2024

With the closures of cultural markets and legacy businesses, communities of color suffer big losses
Hawthorne Market International Grocery in Torrance is the latest cultural hub to close its doors due to increasing rent.

Source: Nathalie Basha
Sunday, May 12 2024

Business is blooming at 123-year-old florist for Mother's Day
From Friday to Mother’s Day on Sunday, Welke’s anticipated delivering over 2,000 bouquets.

Source: Kelly Milan
Sunday, May 12 2024

Schools turn to artificial intelligence to spot guns as companies press lawmakers for state funds
Schools across the U.S. are increasingly turning to artificial intelligence and video cameras to spot guns

Source: Associated Press
Saturday, May 11 2024

UHERO: Economy will keep growing but at a slower pace
A surge of inflation has Hawaii above the national average, but a decline is projected over the next two years.

Source: Michael Tsai
Saturday, May 11 2024

Red, yellow, green ... and white? Smarter vehicles could mean big changes for the traffic light
Smarter vehicles could mean some of the most dramatic changes for the traditional traffic signal since the yellow light was added more than a century ago

Source: Associated Press
Friday, May 10 2024

The United Auto Workers faces a key test in the South with upcoming vote at Alabama Mercedes plant
The United Auto Workers is aiming for a key victory at Mercedes-Benz in Alabama

Source: Associated Press
Friday, May 10 2024

700 hotel union workers launch 48-hour strike at Virgin Hotels casino near Las Vegas Strip
About 700 workers have walked off the job at a hotel-casino near the Las Vegas Strip in what union organizers say will be a 48-hour strike after spending months trying to reach a deal for new five-year contract with Virgin Hotels

Source: Associated Press
Friday, May 10 2024

Area businesses prepare for the rush as 200,000 expected to attend Welcome to Rockville festival
The Daytona Beach Area Convention and Visitors Bureau says the economic impact of the festival is expected to exceed $80 million.

Source: Devin Martin
Friday, May 10 2024

Photo Essay: Chefs compete in the Food Truck Battle at the New York State Fairgrounds
Despite the rain, the food truck battle commenced with many visitors.

Source: Emily Kenny, Report for America corps member
Friday, May 10 2024

Federal judge temporarily halts Biden plan to lower credit card late fees to $8
Banks and major credit card companies collect billions in revenue each year in late fees and were looking to stop the proposal

Source: Associated Press
Friday, May 10 2024

Kansas' governor has killed proposed limits on foreign land ownership
Democratic Gov. Laura Kelly has vetoed proposed restrictions on foreign ownership of land in Kansas

Source: Associated Press
Friday, May 10 2024

Technology crushing human creativity? Apple's new iPad ad has struck a nerve online
A newly released ad promoting Apple’s new iPad Pro has struck quite a nerve online

Source: Associated Press
Friday, May 10 2024

James Simons, mathematician, philanthropist and hedge fund founder, has died
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86

Source: Associated Press
Friday, May 10 2024

Stock market today: Wall Street coasts to the finish line of another winning week
U.S. stocks coasted to the close of another winning week with a quiet, mixed finish

Source: Associated Press
Friday, May 10 2024

US pledges money and other aid to help track and contain bird flu on dairy farms
U.S. officials pledged nearly $200 million in new spending and other efforts Friday to help track and contain an outbreak of bird flu in the nation's dairy cows

Source: Associated Press
Friday, May 10 2024

California governor would slash 10,000 vacant state jobs to help close $27.6 billion deficit
California Gov. Gavin Newsom says the state’s budget deficit is $27.6 billion

Source: Associated Press
Friday, May 10 2024

Consumer sentiment falls to 6-month low, University of Michigan survey says
U.S. consumers say they are concerned about high inflation and unemployment.

Source: Susan Carpenter
Friday, May 10 2024

Vegan Women Summit brings professionals together to build a kinder and more sustainable world
A plant-based lifestyle is front and center at the fourth annual Vegan Women Summit.

Source: Sarah Pilla
Friday, May 10 2024

Mock coffins fill a square in Milan in a protest over workplace safety in Italy
Mock coffins have filled one of Milan’s most famous squares in a protest organized by Italy’s second-largest union to raise awareness over workplace deaths

Source: Associated Press
Friday, May 10 2024

Intel, Dell host learning experience at Johnstown-Monroe Elementary School
Intel and Dell put on a unique learning experience for students at a Johnstown-Monroe Elementary School.

Source: Aliah Keller
Friday, May 10 2024

US consumer sentiment drops to 6-month low on inflation, unemployment fears
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise

Source: Associated Press
Friday, May 10 2024

Second annual Florida Sports Coast Open drawing top tennis talent from around the world to Zephyrhills
Tennis pros are gathering at the Sarah Vande Berg Tennis & Wellness Center in Zephyrhills for the second Florida Sports Coast Open.

Source: Calvin Lewis
Friday, May 10 2024

Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash
A Target spokeswoman declined to offer the number of stores that won't stock the items.

Source: Associated Press
Friday, May 10 2024

Ag Report: Agritourism and the Eat Beef Ohio Passport
Erin Stickel of The Ohio Beef Council joins Chuck and Andy on Your Ag Report.

Source: Chuck Ringwalt
Friday, May 10 2024

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
Homeowners have been spending more for renovations in recent years, as high interest rates and inflation drove up costs for everything from flooring to refrigerators

Source: Associated Press
Friday, May 10 2024

Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
Homeowners have been spending more for renovations in recent years, as high interest rates and inflation drove up costs for everything from flooring to refrigerators

Source: Associated Press
Friday, May 10 2024

Your tax refund could be bigger this year. Here's what to do with it
The average taxpayer is getting a $2,852 refund, $75 more than last year

Source: Associated Press
Friday, May 10 2024

St. Pete officials want more time to digest Trop redevelopment details
St. Petersburg city leaders have postponed the second meeting focusing on the new stadium agreement with the Tampa Bay Rays.

Source: Spectrum News Staff
Friday, May 10 2024

British economy rebounds strongly in first quarter of the year, ending 'technical recession'
The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession.”

Source: Associated Press
Friday, May 10 2024

PR executive reportedly departs China's Baidu after comments glorifying overwork draw backlash
A top Baidu public relations executive has reportedly departed the Chinese technology company after she drew public outcry over comments that were seen as glorifying a culture of overwork

Source: Associated Press
Thursday, May 09 2024

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record
Stocks in Asia are mixed after a rally on Wall Street that pulled the S&P 500 back within 1% of its record

Source: Associated Press
Thursday, May 09 2024

Boeing plane carrying 85 people catches fire and skids off the runway in Senegal, injuring 10
Senegal’s transport minister says a Boeing 737 carrying 85 people caught fire and skidded off a runway at an airport near the capital and 10 people were injured

Source: Associated Press
Thursday, May 09 2024

Supreme Court sides with music producer in copyright case over sample in Flo Rida hit
The Supreme Court has sided with a music producer in a copyright case, allowing him to seek more than a decade's worth of damages over a sample used in a Flo Rida song

Source: Associated Press
Thursday, May 09 2024

St. Pete city leaders take deep dive into details of Gas Plant District redevelopment
The proposal from the Rays and Hines Developers includes plans for a new ballpark and a project that will transform part of downtown St. Pete.

Source: Fadia Patterson
Thursday, May 09 2024

Port Canaveral announces plans to build a new cruise terminal
Officials hope to have the terminal operational by summer 2026.

Source: Spectrum News Staff
Thursday, May 09 2024

LA looks to bring international visitors back post-pandemic
Gov. Gavin Newsom recently announced that California visitation has returned to pre-pandemic levels.

Source: Timothy Parker
Thursday, May 09 2024

TikTok begins automatically labeling AI-generated content
The automatic labeling began Thursday on images and videos created on certain platforms.

Source: Ryan Chatelain
Thursday, May 09 2024

Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted to elect three of the board members an activist investor nominated

Source: Associated Press
Thursday, May 09 2024

National publication recognizes Kentucky for economic development
Kentucky placed No. 2 in the South Central region of Site Selection magazine's 2024 Prosperity Cup rankings.

Source: Connor N. Smith
Thursday, May 09 2024

California to tap generative AI tools to increase services access, reduce traffic jams
The state is partnering with five companies to create generative AI tools using technologies developed by tech giants such as Microsoft-backed OpenAI.

Source: Associated Press
Thursday, May 09 2024

Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles
The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard

Source: Associated Press
Thursday, May 09 2024

Downey focuses on economic revitalization
As Spectrum News continues its "Life on Rosecrans" series, we make a stop in Downey.

Source: Taylor Torregano
Thursday, May 09 2024

With spring planting on its way, farmers urge the public to be safe on the road
Illegally passing farm equipment can be deadly - farm advocates are pushing drivers to be aware.

Source: Seth Voorhees
Thursday, May 09 2024

Manatee County Schools collecting cost data on new electric buses
Two of the buses have a range of 130 miles with two batteries, and the other two have a 200-mile range with three batteries.

Source: Julia Hazel
Thursday, May 09 2024

Franklin Park Conservatory and Botanical Gardens announces master plan with 15 major projects
The conservatory said it took two years of community research and visioning with architecture and design experts.

Source: Lydia Taylor
Thursday, May 09 2024

Guns are being stolen from cars at triple the rate they were 10 years ago, a report finds
The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country

Source: Associated Press
Thursday, May 09 2024

US weekly jobless claims hit highest level since August of 2023, though job market is still hot
The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening

Source: Associated Press
Thursday, May 09 2024

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

Source: Associated Press
Thursday, May 09 2024

U.S. weekly jobless claims rise to highest level since August
Applications for unemployment benefits last week rose by 22,000 to 231,000.

Source: Associated Press
Thursday, May 09 2024

Norfolk Southern shareholders to decide Thursday whether to back investors who want to fire the CEO
Ancora’s CEO candidate is Jim Barber who was formerly UPS’ chief operating officer.

Source: Associated Press
Thursday, May 09 2024

TikTok to start labeling AI-generated content as technology becomes more universal
TikTok says it’s going to start automatically labeling content that’s made by artificial intelligence when it’s uploaded from certain platforms

Source: Associated Press
Thursday, May 09 2024

Youth apprenticeship programs allow students to chart their career
About 10,000 students are involved in youth apprenticeships.

Source: Nathan Phelps
Thursday, May 09 2024

Japanese automaker Nissan reports 92% jump in profit as sales surge
Nissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China

Source: Associated Press
Thursday, May 09 2024

Union push pits the United Farm Workers against a major California agricultural business
Several hundred workers filed papers this year to unionize at Wonderful Nurseries in Wasco, Calif., a move the company claimed was fraudulent.

Source: Associated Press
Wednesday, May 08 2024

Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd day
Asian shares are mixed after Wall Street’s lull stretched into a second day

Source: Associated Press
Wednesday, May 08 2024

WeHo businesses 'get a break' after minimum wage increase delayed
West Hollywood was to increase their $19.08 minimum wage to $19.61 an hour — an increase delayed by the City Council until the end of the year.

Source: Christian Galeno Grajeda
Wednesday, May 08 2024

Postcard Inn talks expansion project with St. Pete Beach residents
A new parking structure would be built, with around 90 hotel rooms on top of it.

Source: Nick Popham
Wednesday, May 08 2024

With inflation soaring, Argentina will start printing 10,000 peso notes
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10

Source: Associated Press
Wednesday, May 08 2024

Orange County pushes film incentives plan forward
The film production community called the commission’s decision a game changer.

Source: Maria Serrano
Wednesday, May 08 2024

Aircraft mechanic school gives students hands-on experience, addresses shortage
Epic Flight Academy opened its 32,000-square-foot aircraft mechanic school at the Cincinnati airport.

Source: Sam Knef
Wednesday, May 08 2024

Former Las Vegas casino executive sentenced to year of probation in bookmaking money laundering case
A former top executive at Las Vegas Strip casinos has been sentenced to a year of probation after pleading guilty to violating federal anti-money laundering rules

Source: Associated Press
Wednesday, May 08 2024

Beyond Meat urges investors to look past bumpy Q1, says new US burger could reignite sales
Plant-based meat maker Beyond Meat urged investors to look past its mixed first quarter results Wednesday, saying a new, healthier burger just hitting U.S. shelves will help reignite weak sales

Source: Associated Press
Wednesday, May 08 2024

Hawaiian and Alaska Air one step closer to merging
The U.S. Department of Justice has until Aug. 5, 2024, to decide whether it will try to block the merger.

Source: Michelle Broder Van Dyke
Wednesday, May 08 2024

Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading

Source: Associated Press
Wednesday, May 08 2024

Slow to expand, internet casino gambling is the future of US betting, industry execs say
Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos

Source: Associated Press
Wednesday, May 08 2024

Judge grills Apple exec about whether company is defying order to enable more iPhone payment options
A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for digital services

Source: Associated Press
Wednesday, May 08 2024