SEATTLE (AP) — Amazon says it will allow many tech and corporate workers to continue working remotely indefinitely as long as they can to commute to the office when necessary. The new policy was announced in a blog post. It’s a change from Amazon’s previous expectation that most employees would need to be in the
Continue ReadingCNN By Laura Smith-Spark, CNN The whole world seems to be talking about the climate crisis, thanks to months of wild weather and new science showing that we need to act quicker than we previously thought to avoid the worst consequences. As leaders prepare to meet in Glasgow, Scotland, next month for crunch talks, they’ll
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As a commissioner at the Securities and Exchange Commission, an important part of my job is protecting investors from the fraudsters who can cause them so much harm. Although swindlers often change their pitch to reflect the day’s most popular trends — cannabis, crypto and clean energy are all the rage now — the cases the Commission brings typically have the same thing in common: they involve someone lying to get other people’s money. Soon, other “hot investment opportunities that are too good to pass up” will be exploited by fraudsters, and when they do, the Commission will ensure that the securities laws are enforced.
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Goldman Sachs is becoming increasingly pessimistic about the US economy as coronavirus support from the government phases out and consumer spending remains on an uncertain path.
Continue ReadingAmerica added far fewer jobs in September than expected, but investors didn’t seem too disappointed: Stocks were flat Friday as Wall Street took solace that the unemployment rate continues to drop after the pandemic-fueled spike last year.
Continue ReadingBy Katelyn Polantz, Veronica Stracqualursi and Kristen Holmes, CNN Former President Donald Trump racked up more than $70 million in losses over a four-year period from his Washington, DC, hotel, while publicly claiming that the hotel was making more than tens of millions of dollars, according to documents released by the House Oversight Committee. The
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By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers U.S. stock indexes are closing lower Friday after a weak jobs report sparked questions about when the Federal Reserve could pare back its immense support for the markets. The S&P 500 fell 0.2% after wavering throughout the day. Government data showed far fewer
Continue ReadingAmerica’s economic recovery has hit a roadblock: US employers added only 194,000 jobs in September, another troubling sign that Covid is disrupting the economy.
Continue ReadingThe Senate voted along party lines to raise the debt ceiling on Thursday, authorizing $480 billion in borrowing that avoids a looming US government default but sets up another showdown in early December.
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By ALEX VEIGA AP Business Writer Tesla CEO Elon Musk says the electric car maker will relocate its headquarters from Palo Alto, California, to Austin, Texas. Musk says, though, that the company will keep expanding its manufacturing capacity in the Golden State. Musk gave no timeline for the move late Thursday when he addressed the
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In any profession, you need the tool for the job at hand. So, they want to give entrepreneurs and business owners every tool at their disposal.
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As authorities scramble to contain the damage done by a broken underwater pipeline that has sent oil onto beaches and endangered wildlife, they are also investigating the possibility that the leak was caused by a ship’s anchor hitting the pipeline.
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If you are looking for a job many local businesses in the Yuma area are hiring, especially as business looks to pick up as we head into the winter months.
Continue ReadingGary Gensler, the chairman of the Securities and Exchange Commission, warned lawmakers Tuesday that a US default would likely set off historic stress in financial markets because Treasuries are the bedrock of the entire system.
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A major shipping industry group says its members will aim for “net-zero” carbon emissions by 2050.
The current target set by the United Nations’ maritime agency is to reduce emissions from international shipping by 50% by 2050.
Continue ReadingWhat’s happening: Big Tech shares tumbled Monday as concerns about inflation pushed investors to pare back their exposure to the sector. But Facebook — which suffered an hours-long outage across all its products, including Instagram and WhatsApp — fared the worst.
Continue ReadingBy Samantha Murphy Kelly and Clare Duffy, CNN Business The Facebook whistleblower who released tens of thousands of pages of internal research and documents indicating the company was aware of various problems caused by its apps, including Instagram’s potential “toxic” effect on teen girls, called on Congress to take action against the social media platform
Continue ReadingSenator Elizabeth Warren on Monday urged the Securities and Exchange Commission to launch an insider trading investigation into transactions by high-level officials at the Federal Reserve.
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It’s that time of the year when homes are decorated and stores are as festive as ever. But, while many are decorating their homes, companies are looking for a workforce.
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Car parts are the latest products to join a long list of national shortages.
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