Bill Offers Incentives To Small Businesses Hiring Former Inmates
A tight job market has companies considering former inmates as workers. Bianca Facchinei explores one Illinois effort to boost such hiring.
Business
Walmart Mass Shooting Could Affect Retailers And Consumer Confidence
The mass shooting at Walmart on the week of Thanksgiving and Black Friday could impact retail and consumer confidence.
Unemployment Claims Rise To 240,000, Highest Since August
Applications for unemployment benefits are a proxy for layoffs. The current low levels show that American workers enjoy extraordinary job security.
| AP
Protesting Workers Beaten At Chinese iPhone Factory
Foxconn, a contract assembler that makes the global smartphone industry possible, didn't have enough workers to make the new iPhone 14.
| AP
Why Does OPEC Control Oil Prices?
OPEC comprises 13 countries including some of the world’s largest oil exporters.
| Patrick McGovern and James Packard
Food Prices Are Affecting Many Americans' Typical Thanksgiving Meal
As Thanksgiving approaches, inflation isn't the only reason the holiday dinner may be more expensive this year.
Bob Iger Back On Top In A Disney Plot Twist Few Saw Coming
The development comes two weeks after Disney's quarterly financial performance fell well short of Wall Street expectations on both profit and revenue.
| AP
U.S. Supply Chain Under Threat As Unions, Railroads Clash
The head of the Association of American Railroads said a looming strike could cause a "$2 billion a day hit to our economy."
| AP
Black Friday vs. Cyber Monday Deals: Which Are Better?
Black Friday and Cyber Monday are two of the biggest shopping days of the year. But does one day offer deeper discounts?
Twitter Users Fear App Shutdown After Hundreds Of Employees Quit
Elon Musk's Twitter tenure faced a new crisis after many employees quit instead of accepting his ultimatum of "extremely hardcore" conditions.
Elizabeth Holmes Gets More Than 11 Years In Prison For Theranos Scam
Theranos CEO Elizabeth Holmes got a sentence shorter than requested by prosecutors but tougher than her team sought.
| AP
Fired SpaceX Employees Accuse Company Of Violating Labor Law
The workers claim they were fired after raising concerns to the company about CEO Elon Musk's public behavior on Twitter.
| AP
More Twitter Workers Flee After Musk's 'Hardcore' Ultimatum
The platform is continuing to lose workers just as it's gearing up for the World Cup, one of the busiest events on Twitter.
| AP and Scripps News Staff
Average Long-Term U.S. Mortgage Rates Tumble To 6.6%
Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate fell to 6.61% from 7.08% last week.
| AP and Scripps News Staff
Fewer Americans Filed For Jobless Benefits Last Week
Applications for jobless claims for the week ending Nov. 12 fell by 4,000 to 222,000 from 226,000 the previous week, the Labor Department reported.
| AP and Scripps News Staff
Starbucks Workers Strike At More Than 100 U.S. Stores
The Seattle company noted that the protests are happening at a small number of its 9,000 company-run U.S. locations.
| AP and Toni Waterman
Amazon Begins Mass Layoffs Among Its Corporate Workforce
Amazon said it plans to lay off about 260 workers in California, and employees in other locations including Seattle said they were let go Tuesday.
| AP and Scripps News Staff
How Trouble Started Surrounding Cryptocurrency, FTX
As the cryptocurrency collapse continues, empires with billion-dollar values are continuing to topple thanks to a lack of oversight.
Walmart Grocery Deals Under $10 For Your Thanksgiving Dinner
Grocery prices are up 12% over last year, but you can keep your Turkey Day tab down by picking up some of these deals from Walmart.
Walmart Offers $3.1 Billion To Settle Opioid Lawsuits
Walmart's offer would have to be approved by 43 U.S. states by Dec. 15, and local governments could sign on by March 31, 2023.
| AP and Scripps News Staff
40 States Settle Google Location-Tracking Charges For $392 Million
An investigation was sparked by a 2018 Associated Press story, which found that Google continued to track people's location even after they opted out.
| AP and Scripps News Staff
Amazon Reportedly Plans To Lay Off 10,000 Corporate, Tech Employees
According to reporting from Reuters and the New York Times, those cuts could come as soon as this week.
| Scripps News Staff
Air Travel Costs More, Has Fewer Options This Holiday Season
The average cost of a flight is higher this year than last, with fewer workers and fewer flights adding to the issue.
Musk's Latest Twitter Cuts: Outsourced Content Moderators
The company gutted its communications department and hasn't responded to media requests for information since Musk took over.
| AP
Funds Vanish At Bankrupt Crypto Exchange FTX; Probe Underway
Analytics firm Elliptic estimates $477 million was missing from the exchange.
| AP
Twitter Blue Signups Unavailable After Raft Of Fake Accounts
Before Musk took over the social media platform, the blue check was granted to celebrities, journalists and verified by the platform to prevent this.
| AP
Embattled Crypto Exchange FTX Files For Bankruptcy
FTX is the latest in a series of disasters that have shaken the crypto sector, with the exchange experiencing the crypto equivalent of a bank run.
| AP
Consumer Price Index Has The Smallest Rise Since January
The Consumer Price Index increased 0.4% for the month and 7.7% from a year ago. That’s the smallest rise since January and lower than estimates.
Musk Ends Remote Work At Twitter, Warns Of Troubles Ahead
Musk told employees "the priority over the past 10 days" was to develop and launch Twitter's new subscription service for $7.99 a month.
| AP
Fake Lebron, Schefter Accounts Among Those Tweeting Non-News
People are making fake Twitter accounts pretending to be athletes, celebrities and reporters after the verified "blue check" became available to buy.
| AP and Scripps News Staff
