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ECONOMICS NEWS
Construction milestone reached for center that will house shuttle Endeavour
Construction crews and Science Center officials took part in a "topping-out" ceremony Thursday morning.
Source: City News Service, Kristopher Gee
Thursday, Oct 10 2024
LA initiative aims to boost contracts for local businesses ahead of Olympics
Mayor Bass made the announcement during her inaugural LA Sports & Entertainment Supplier Diversity Summit.
Source: City News Service
Thursday, Oct 10 2024
Mexico sends 660 soldiers, National Guard to protect lime growers suffering extortion by cartels
In August, more than half of lime packing warehouses in the lowlands of Michoacan closed temporarily
Source: Associated Press
Thursday, Oct 10 2024
$18M in funding heads to new Genesee County dry pump manufacturing facility
It's expected to create about 600 jobs.
Source: Spectrum News Staff
Thursday, Oct 10 2024
Will today's college students be able to buy homes in California?
USC students say student debt and rising home prices create a daunting financial picture for prospective homebuyers.
Source: Your Afternoon Staff
Thursday, Oct 10 2024
U.S. inflation reaches lowest point since February 2021
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August.
Source: Spectrum News Staff, Associated Press
Thursday, Oct 10 2024
North Carolina maker of high-purity quartz back operating post-Helene
Production and shipments are ramping up for one of two Spruce Pine quartz companies that closed ahead of Helene.
Source: Associated Press
Thursday, Oct 10 2024
Wall Street edges back from its records
Treasury yields swung in the bond market after a disappointing report showed inflation failed to improve as much as expected last month.
Source: Associated Press
Thursday, Oct 10 2024
TD Bank to pay $3B settlement in money laundering case
In a statement on its website, TD Bank said criminals were able to exploit its system and circumvent its anti-money laundering program.
Source: Susan Carpenter
Thursday, Oct 10 2024
Grants 101: Workshop series teaches nonprofits the ins and outs of grant writing
Nonprofits are learning the ins and outs of the grant writing process
Source: Javari Burnett
Thursday, Oct 10 2024
Mayor Evans meets with Walgreens reps; additional closures confirmed
The company reiterated the decision to close those stores is final.
Source: Spectrum News Staff
Thursday, Oct 10 2024
U.S. jobless claims jump to 258,000, the most in more than a year
Analysts highlighted big jumps in jobless benefit applications across states that were most affected by Hurricane Helene last week.
Source: Spectrum News Staff, Associated Press
Thursday, Oct 10 2024
Buckeye State sees rise in initial unemployment filings
In total, Ohio saw 48,363 claims filed from Sept. 29 to Oct. 5.
Source: Madison MacArthur
Thursday, Oct 10 2024
2 LA business owners serve up hope through food
Kitchen to Go focuses on helping homeless people in the community.
Source: Lydia Pantazes
Thursday, Oct 10 2024
'A dream of mine:' Bri's Sweet Treats opens new DCU Center location
The candy shop opened their first location at the Worcester Public Market in 2023.
Source: Cam Jandrow
Thursday, Oct 10 2024
Workers accuse Hyatt Regency Buffalo of union busting
Hyatt Regency Buffalo responded by saying it supports activities protected by federal labor laws.
Source: Spectrum News Staff
Thursday, Oct 10 2024
Routine heart scan becomes a lifesaver for Milwaukee sandwich shop owner
A simple glance at a poster in his doctor's office during a routine visit changed everything.
Source: Kelly Milan
Thursday, Oct 10 2024
Tesla is unveiling its long-awaited robotaxi amid doubts about the technology it runs on
The announcement comes as U.S. safety regulators are investigating Full Self Driving and Autopilot.
Source: Associated Press
Thursday, Oct 10 2024
Deshaun Watson under siege as QB's dismal play leads to criticism, calls for benching
Watson is among the league's lowest-rated quarterbacks (74.4) with just four TD passes in five games.
Source: Spectrum News Staff, Associated Press
Thursday, Oct 10 2024
Belle's Bagels redefines the Jewish deli while sticking to its roots
Belle's Bagels, Delicatessen, and Bar is open in Highland Park.
Source: LA Times Today Staff
Wednesday, Oct 09 2024
Mexico Lindo celebrates 60 years in Racine community
Maria Gutierrez started Mexico Lindo 60 years ago after she immigrated to Racine from Mexico. Her customers called her Grandma Lindo.
Source: Abbey Taylor
Wednesday, Oct 09 2024
Report: LA area again losing scripted content production
LA has seen a nearly 20% drop in scripted film and television production in 2023 compared to the prior year, continuing several years of declines.
Source: City News Service
Wednesday, Oct 09 2024
Keeneland's record yearling sale signals unbridled confidence in thriving equine market
More than 3,000 horses were sold for a total of nearly $412 million over the two-week period.
Source: Austin Schick
Wednesday, Oct 09 2024
Here are the 4 finalists in this year’s Coolest Thing Made in Wisconsin contest
Voting begins on Thursday, Oct. 10, and continues for a full week, through Oct. 17.
Source: Rachel Ryan
Wednesday, Oct 09 2024
VP Harris, federal agencies warn of price gouging and fraud following hurricanes
The Department of Justice, Federal Trade Commission and Consumer Financial Protection Bureau said scammers may take advantage.
Source: Susan Carpenter
Wednesday, Oct 09 2024
CNHA’s KūHana Accelerator program celebrates cohort #14 and 5 years of success
CEO Kūhiō Lewis: ‘Resilience is the key, in my opinion, to success.’
Source: Sarah Yamanaka
Wednesday, Oct 09 2024
Customs facility closing at Tompkins County Airport
Legislators argued the facility wasn't used enough and carried a net loss over four years.
Source: Spectrum News Staff
Wednesday, Oct 09 2024
Walgreens to close store at Monroe Ave. & S. Goodman St. in Rochester
The store has announced its closing date as Nov. 14.
Source: Spectrum News Staff
Wednesday, Oct 09 2024
Tunnel rehabilitation to cause longer Amtrak travel times
Officials say there will be a 23% reduction in the number of trains during this phase of the East River Tunnels rehabilitation project.
Source: Spectrum News Staff
Wednesday, Oct 09 2024
Sappi mill workers in Skowhegan say overtime, proposed increase in health care costs prompt rally
About 480 union workers are struggling with work life balance, union officials say.
Source: Susan Cover
Wednesday, Oct 09 2024
Hearst signs deal with OpenAI to use magazine, newspaper content for ChatGPT
Hearst publishes more than 40 newspapers and 20+ magazines.
Source: Susan Carpenter
Tuesday, Oct 08 2024
McDonald’s sues top meat packers for allegedly colluding to inflate the price of beef
The fast food giant is suing the U.S. meat industry’s “Big Four” — Tyson, JBS, Cargill and National Beef Packing Company — and their subsidiaries.
Source: Associated Press
Tuesday, Oct 08 2024
Mark your calendar — here are the 2024 holiday shipping deadlines
Want your gifts on time? Here are the "send-by" dates to watch for.
Source: Lydia Taylor, Aly Prouty
Tuesday, Oct 08 2024
A factory for IV fluids in western N.C. is shipping again as hospitals reported shortages
Baxter says it has started shipping some finished products from the site that were not impacted by the storm.
Source: Justin Pryor, Associated Press
Tuesday, Oct 08 2024
Dominant closer Clase gives up 3-run homer in 9th as Tigers shock Guardians 3-0 in ALDS Game 2
Clase didn't offer any excuses, and the 26-year-old said he simply made a bad pitch
Source: Spectrum News Staff, Associated Press
Tuesday, Oct 08 2024
Browns QB Deshaun Watson settles latest civil lawsuit brought by woman claiming sexual assault
The 29-year-old has previously settled nearly two dozen civil lawsuits.
Source: Spectrum News Staff, Associated Press
Tuesday, Oct 08 2024
Pattonwood Drive Walgreens to close, company spokesperson says
The announced closure comes on the heels of a separate Walgreens closure announcement in the Bulls Head neighborhood.
Source: Spectrum News Staff
Monday, Oct 07 2024
Federal judge orders Google to open its Android app store to competition
Its Play Store for Android apps must be able to distribute rival third-party app stores so consumers can download them to their phones.
Source: Associated Press
Monday, Oct 07 2024
Wall Street slides after Treasury yields climb back above 4% and oil rises
Traders are ratcheting back forecasts for how deeply the Federal Reserve will cut its main interest rates.
Source: Associated Press
Monday, Oct 07 2024
Guardians playoffs help downtown businesses
Guardians playoff runs helps business boom downtown
Source: Katie Priefer
Monday, Oct 07 2024
Applications open for LA County at-home kitchen program
The county's Microenterprise Home Kitchen Operation program would allow residents to operate food facilities from their homes.
Source: City News Service
Monday, Oct 07 2024
Residents of Rochester neighborhood brace for Walgreens closure
They have raised concerns about access to essential health care services.
Source: Sergio Cruel
Monday, Oct 07 2024
Money from milkweed: How growing more wildflowers could boost revenue for New York farmers
Researchers at Cornell University have developed new technology to plant wildflower seeds which could offer multiple benefits to farmers.
Source: Emily Kenny, Report for America corps member
Monday, Oct 07 2024
Now Hiring: Kwik Trip's DeForest Distribution Center
The DeForest center is expected to handle 70 routes per day and will create 400 jobs ahead of its projected fall 2025 opening.
Source: Kathryn Larson
Monday, Oct 07 2024
Authorities investigating after Frontier Airlines plane lands with fire in one engine
The flight was landing Saturday in Las Vegas when the crew reported smoke in the cockpit and declared an emergency.
Source: Associated Press
Monday, Oct 07 2024
More Black and Latina women are leading unions — and transforming how they work
Women make up roughly half of U.S. labor union membership, but representation in top level union leadership positions has lagged.
Source: Associated Press
Monday, Oct 07 2024
Access to all jobs: Louisvillians discuss the importance of workplace inclusivity
The month of October is National Disability Employment Awareness Month.
Source: Khyati Patel
Monday, Oct 07 2024
Appleton airport crews prepare for winter plowing
Snow Rodeo gave Appleton International Airport crews a skills refresher ahead of winter.
Source: Nathan Phelps
Sunday, Oct 06 2024
Unique Rochester bar brings a buzz without the booze
Aimed at the growing number of people exploring sobriety, one Rochester bar is curating craft cocktails without the booze.
Source: Adriana Loh
Saturday, Oct 05 2024
Ruskin food truck owners impacted by Helene, struggle to keep business running
Yeni Perez and her husband, Diego Jara, are trying to make repairs as needed.
Source: Lizbeth Gutierrez
Saturday, Oct 05 2024
How New York hops are prepared for the brewing process
With over 500 breweries in the state, hops are an incredibly important crop.
Source: Emily Kenny, Report for America corps member
Saturday, Oct 05 2024
New York hops challenges: What led to industry's 99% decline and what farmers are doing to get it back
Hops are a difficult crop to grow, but the industry has other challenges outside of production.
Source: Corey James, Emily Kenny, Report for America corps member
Saturday, Oct 05 2024
N.Y. state Senate Gaming Committee Chair Joe Addabbo discusses Byron Brown, casino gambling and i-gaming
Addabbo joins Capital Tonight.
Source: Susan Arbetter
Friday, Oct 04 2024
Winter Garden community works to revive the Garden Theatre
Citing "financial challenges," the Garden Theatre announced on Oct. 2 that it was closing.
Source: Katie Streit
Friday, Oct 04 2024
Celebrating the many flavors of Louisville
The Taste of Louisville returns Oct. 16. This year's event will feature 100 participating restaurants.
Source: Nikelle Delgado
Friday, Oct 04 2024
'We proved them wrong': Biden touts his economic approach after back-to-back wins on jobs report, dockworkers' union strike
Biden made the first appearance of his presidency at the White House press briefing Friday.
Source: Ryan Chatelain
Friday, Oct 04 2024
U.S. adds a robust 254,000 jobs in sign of still-sturdy labor market
The unemployment rate ticked down from 4.2% the previous month to 4.1%.
Source: Spectrum News Staff, Associated Press
Friday, Oct 04 2024
How do LA premieres get built? Meet the production house that makes it happen
The president of 15|40 Productions shared details with Spectrum News.
Source: Will Sayre
Friday, Oct 04 2024
St. Mary's Apothecary on Genesee St. to accept Rx transfers from closing Walgreens on W. Main St.
RRH says customers do not need to be current patients in their health system to use the pharmacy there.
Source: Spectrum News Staff
Friday, Oct 04 2024
Farm income expected to decrease, but at a slower rate than 2023
Net farm income is expected to decrease by 4.4% this year.
Source: Chuck Ringwalt
Friday, Oct 04 2024
Film and TV industry bounce back remains elusive
The film and TV industry is still stagnant, with production down and studios cutting back on content and staff and supporting businesses struggling.
Source: Kristopher Gee
Friday, Oct 04 2024
Celebrating National Taco, Vodka Day at the 2024 Tito’s Fiesta Mexicana
Representatives from Tito’s Tacos and Tito’s Handmade Vodka joined “Your Morning” on National Taco Day to discuss Tito’s Fiesta Mexicana.
Source: Your Morning Staff
Friday, Oct 04 2024
Wall Street wobbles higher after strong jobs data pushes up rate forecasts
The report is also forcing a rethink about how much lower interest rates will go.
Source: Associated Press
Friday, Oct 04 2024
Texas’ power grid is one step closer to being connected to the U.S. grid
Texas could get a boost in voltage after the Biden administration announced a new grant to help connect the Texas power grid to the national grid.
Source: Katharine Finnerty
Friday, Oct 04 2024
Dockworkers' union suspends strike until Jan. 15 to allow time to negotiate new contract
The International Longshoremen's Association is to resume working immediately.
Source: TOM KRISHER
Friday, Oct 04 2024
Dockworkers' union to suspend strike until Jan. 15 to give time to negotiate new contract
The agreement will allow the union and the U.S Maritime Alliance, which represents the shippers and ports, time to negotiate a new six-year contract
Source: Spectrum News Staff, Associated Press
Thursday, Oct 03 2024
MacRae's of Homosassa still recovering one week on from Hurricane Helene
MacRae’s of Homosassa has been a staple in Citrus County for 100 years.
Source: Calvin Lewis
Thursday, Oct 03 2024
First casualties of dockworkers strike expected to be bananas, other agricultural products
Economist says a lingering strike could affect holiday shopping season.
Source: Wendy Wright
Thursday, Oct 03 2024
Port strike could cost New York dairy farmers millions of dollars
In addition to dairy farmers, this port strike could impact all in the agriculture industry as many products are imported and exported daily.
Source: Emily Kenny, Report for America corps member
Thursday, Oct 03 2024
Oil prices jump again on worries about the Middle East as Wall Street fades
Oil prices rose after President Joe Biden suggested that officials were discussing a possible strike by Israel against Iranian oil facilities.
Source: Associated Press
Thursday, Oct 03 2024
Amazon adding 3,000 seasonal jobs in Kentucky for the holiday shopping season
Amazon has created more than 22,000 jobs across the commonwealth and has invested $43 billion in Kentucky since 2010.
Source: Connor N. Smith
Thursday, Oct 03 2024
Drones revolutionize New York high-rise window cleaning business
Drone Ops Solutions is making the job safer and more efficient.
Source: Sergio Cruel
Thursday, Oct 03 2024
Buc-ee’s lands at No. 3 on ranking of best convenience stores
The Texas staple trailed Wawa and QuikTrip.
Source: Craig Huber
Thursday, Oct 03 2024
First non-stop Southwest flights from Rochester to Las Vegas take off
It's about a five-hour flight that departs Rochester four times a week.
Source: Spectrum News Staff
Thursday, Oct 03 2024
Biden could invoke a 1947 law to pause the dockworkers' strike
The law authorizes a president to seek a court order for an 80-day cooling-off period for companies and unions to try to resolve their differences.
Source: Associated Press
Thursday, Oct 03 2024
A 5th recall for Tesla Cybertruck within a year, the latest due to rearview display
The rearview camera image may not activate immediately after shifting into reverse.
Source: Associated Press
Thursday, Oct 03 2024
H-E-B tries to ease concerns about potential product shortages amid dockworkers strike
H-E-B is trying to assuage customers’ concerns about product shortages as dockworkers began striking Tuesday at ports from Maine to Texas.
Source: Katharine Finnerty
Thursday, Oct 03 2024
Amazon, Target and other retailers ramping up hiring for holiday shopping season
Fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.
Source: Associated Press
Thursday, Oct 03 2024
Austin-based Siete Foods to be acquired by PepsiCo in $1.2 billion deal
The deal is expected to close in the first half of 2025.
Source: Christine Sanchez
Thursday, Oct 03 2024
Ohio sees rise in continued unemployment claims
Initial unemployment claims saw a drop.
Source: Madison MacArthur
Thursday, Oct 03 2024
More Americans filed for unemployment benefits last week, but layoffs remained historically low
The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28.
Source: Associated Press
Thursday, Oct 03 2024
Good cause eviction continues to pass in upstate communities
Ithaca is one of the most recent communities to pass the law.
Source: Krystal Cole
Thursday, Oct 03 2024
U.S. bans new types of goods from China over allegations of forced labor
The ban applies to a steel manufacturer and a maker of artificial sweetener.
Source: Associated Press
Thursday, Oct 03 2024
Milwaukee’s Las Palmas Western Wear keeps heritage alive
Owner Juan Ordaz brought the craft of working on western wear with him from León, Mexico.
Source: Kelly Milan
Thursday, Oct 03 2024
Impacts of dockworkers' strike will depend on how long it lasts
Price increases and shortages are possible, but shipping continues even at some impacted ports.
Source: Sarah Blazonis
Thursday, Oct 03 2024
New York lawmakers eye lessons from other states to draft new AI regulations
California Gov. Gavin Newsom over the weekend vetoed a bill that would have imposed sweeping AI safety measures.
Source: Kate Lisa
Wednesday, Oct 02 2024
Ahead of vote, petition gains traction against Disney’s affordable housing project
The project goes in front of county commissioners next Tuesday.
Source: Nicole Griffin
Wednesday, Oct 02 2024
Ports up and down the East Coast are striking, but not 2 in upstate New York
Could two ports in upstate New York benefit from the strike?
Source: Wendy Wright, Associated Press
Wednesday, Oct 02 2024
Last call at 4 a.m. in California? Governor says yes for one private club in LA Clippers' new arena
The new law will allow about 100 club members to be served wine, beer and other liquor until 4 a.m. in private suites after game days and concerts.
Source: Associated Press
Wednesday, Oct 02 2024
San Francisco, Tampa among nonstop routes Delta adding from Austin in 2025
Beginning in 2025, Delta Air Lines will launch five new nonstop routes from Austin, Austin-Bergstrom International Airport (AUS) announced Monday.
Source: Tori Garcia
Wednesday, Oct 02 2024
EVs now make up almost 10% of new vehicle sales
Sales of internal combustion engine vehicles fell 3.8% in the second quarter.
Source: Susan Carpenter
Wednesday, Oct 02 2024
LA County, employees’ union set labor talks, stave off threatened strike
Hundreds of union members descended on the county Board of Supervisors meeting on Sept. 24.
Source: City News Service
Wednesday, Oct 02 2024
Quality ratings hit to key Medicare plan shakes Humana stock
Humana shares have tumbled after the health insurer said a Medicare Advantage quality rating drop will hurt future bonus payments it receives.
Source: Associated Press
Wednesday, Oct 02 2024
IRS pushes back tax deadline for N.C. residents, business owners affected by Helene
Taxpayers in North Carolina now have until May 1, 2025 to file various federal individual and business tax returns and make tax payments.
Source: Spectrum News Staff
Wednesday, Oct 02 2024
Wall Street holds steadier as oil prices pare their gains
Oil prices rose again as the world waits to see how Israel will respond to Tuesday’s missile attack from Iran, but they pared their gains.
Source: Associated Press
Wednesday, Oct 02 2024
Saco manufacturer to get new $191 million military contract
General Dynamics will build defense systems for fighting vehicles.
Source: Sean Murphy
Wednesday, Oct 02 2024
Ohio-based businesses recognized by National Organization on Disability for employment practices
The businesses recognized by NOD included hospital systems, government operations and several over-seas businesses as well.
Source: Madison MacArthur
Wednesday, Oct 02 2024
Crowne Plaza Syracuse abruptly announces closing
Management of the hotel made the announcement Wednesday morning.
Source: Spectrum News Staff
Wednesday, Oct 02 2024
U.S. could see shortages and higher retail prices if a dockworkers strike drags on
U.S. ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the first time since 1977.
Source: Spectrum News Staff, Associated Press
Wednesday, Oct 02 2024
'Automation can't keep up with us': Tampa dockworkers take to picket line
About 180 members of the International Longshoreman's Association in Tampa joined dockworkers across the country in walking off the job.
Source: Sarah Blazonis
Wednesday, Oct 02 2024