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
H&M pulled an ad for school uniforms that featured two young schoolgirls with the tag line “make those heads turn” after being accused of “promoting pedophilia.” The $29.99 school dresses from the Swedish retailer were part of a sponsored ad on social media in Australia. The promo shows two young girls who appear to be…
The value of an average used Tesla has toppled more than $1,500 so far this month, according to a new report. On Jan. 1, a used Tesla retailed for $37,090, according to data from auto-shopping website CarGurus. Just 20 days later, as of Jan. 21, the standard used Tesla runs for $35,554, marking a $1,536…
More Americans filed jobless benefits last week but layoffs remain at historically low levels despite elevated interest rates and a flurry of job cuts in the media and technology sectors. Applications for unemployment benefits rose to 214,000 for the week ending Jan. 20, an increase of 25,000 from the previous week, the Labor Department reported…
LONDON — Amazon on Monday called off its proposed acquisition of iRobot, which was facing antitrust scrutiny on both sides of the Atlantic, with the ecommerce giant blaming “undue and disproportionate regulatory hurdles.” The companies said in joint statement that they “entered into a mutual agreement to terminate their announced acquisition agreement.” “We’re disappointed that…
NEW ORLEANS — A group of federal appeals court judges in New Orleans is deciding whether a 2018 Twitter post by Tesla CEO Elon Musk unlawfully threatened Tesla employees with the loss of stock options if they decided to be represented by a union. The National Labor Relations Board said it was an illegal threat….
In 2018, Anna-Lisa Miller was working with agricultural cooperatives in Hawaii, helping them reinvest in their communities through shared ownership. Ms. Miller, who had gone to law school and had planned to do civil rights litigation, loved the principle of workers partaking in the financial success of their employers, and the next year joined Project…