How major US stock indexes fared Thursday, 1/25/2024
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected
Sen. Bernie Sanders and a group of Democratic lawmakers are pushing to raise taxes for companies that pay their chief executives at least 50 times more than their typical worker’s salary, saying the bill was needed to limit corporate greed. The union-backed proposal, which could impact some of the nation’s biggest companies and largest employers,…
A proposed tax that would help fund new stadiums for the Super Bowl champion Kansas City Chiefs and baseball’s Kansas City Royals was shot down by a local Missouri legislator. Jackson County Executive Frank White vetoed an ordinance Thursday that would have put a 3/8th-cent sales tax renewal on the April ballot to fund the…
PETALUMA, Calif. — Last month, Mike Weber got the news every poultry farmer fears: His chickens tested positive for avian flu. Following government rules, Weber’s company, Sunrise Farms, had to slaughter its entire flock of egg-laying hens — 550,000 birds — to prevent the disease from infecting other farms in Sonoma County north of San…
Stocks that traded heavily or had substantial price changes Friday: Intel, KLA fall; American Express, Olin rise NEW YORK — Stocks that traded heavily or had substantial price changes on Friday: Intel Corp., down $5.90 to $43.65. The chipmaker gave investors a weak earnings and revenue forecast for the current quarter. American Express Co., up…
DETROIT — More than 4,700 auto dealerships across the United States urged President Joe Biden in a letter Thursday to halt the Environmental Protection Agency’s efforts to enforce stricter vehicle-pollution standards. The missive comes just weeks before the agency’s expected ruling on its tailpipe-emissions proposal, which addresses both climate change and pollutants that are harmful…
NEW YORK — Denim giant Levi Strauss & Co. said Thursday that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year as part of a two-year restructuring plan that seeks to cut costs and simplify its operations. The company employed about 19,100 people as of the end…