US farms are increasingly reliant on contract workers who are acutely exposed to climate extremes
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The latest U.S. agricultural census data, out last month with the latest five-year update of data from 2022, shows an increase in the proportion of farms utilizing contract labor compared to those …
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By MELINA WALLING
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3/19/24
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Unilever is cutting 7,500 jobs and spinning off its ice cream business
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Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, says it's cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits. …
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3/19/24
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Bill and Lisa Ford to raise $10M for Detroit youth nonprofit endowments
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Bill Ford, executive chairman of Ford Motor Co., and his wife Lisa Ford are raising $10 million to help ten Detroit nonprofits serving young people start endowments. Lisa Ford said Tuesday that the …
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By THALIA BEATY
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3/19/24
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A newspaper says video of Prince William and Kate should halt royal rumor mill. That's a tall order
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A British newspaper says Prince William and his wife Catherine have been filmed at a farm shop near their Windsor home. It's the first reported footage of Kate since she had abdominal surgery for …
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3/19/24
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The average bonus on Wall Street last year was $176,500. That's down slightly from 2022
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The average Wall Street bonus fell slightly last year to $176,500. New York state comptroller has reported Tuesday that the average bonus for employees in New York City’s securities industry was …
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3/19/24
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Sex trade to slavery: a UN agency says criminals reap $236B a year in profits from forced labor
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The U.N. labor agency says illegal profits from forced labor globally have risen to the “obscene” amount of $236 billion per year. The International Labor Organization says sexual exploitation is …
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By JAMEY KEATEN
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3/19/24
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The Bank of Japan ends its negative interest rate policy, opting for its first hike in 17 years
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Japan's central bank has raised its benchmark interest rate for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The short-term rate was raised …
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By YURI KAGEYAMA
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3/19/24
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4 things to know from Elon Musk's interview with Don Lemon
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Former CNN reporter Don Lemon mixed it up with Tesla CEO Elon Musk in an interview Lemon posted on Musk's X social network Monday. The interview was supposed to kick off Lemon's new talk show on X, …
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By DAVID HAMILTON
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3/19/24
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Spotify paid $9 billion in royalties in 2023. Here's what fueled the growth
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Every year since 2021, Spotify has published its “Loud & Clear” report, an attempt to be more transparent about its payments. On Tuesday, the streaming giant published its most recent report, …
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By MARIA SHERMAN
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3/19/24
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UnitedHealth says it has made progress on recovering from a massive cyberattack
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UnitedHealth Group is testing software for submitting medical claims as it continues to recover from a cyberattack that disrupted care billing systems. The health care giant hasn’t set a time frame …
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The Associated Press
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3/18/24
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Sports Illustrated will continue operations after agreement reached with new publisher
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Sports Illustrated will continue operations after the company that owns the brand agreed with a new publisher for its print and digital products. Minute Media took over on Monday after reaching a …
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By JOE REEDY
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3/18/24
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New York to probe sputtering legal marijuana program as storefronts lag, black market booms
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New York will evaluate its troubled recreational marijuana licensing program as lawsuits and bureaucratic stumbles have severely hampered the legal market and black-market sellers have flourished. …
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By ANTHONY IZAGUIRRE
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3/18/24
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$510 Dodgers jerseys and $150 caps. Behold the price of being an Ohtani fan in Japan
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The Dodgers are paying $700 million for Shohei Ohtani. That means his loyal fans in Japan will be paying big time for his merchandise. A store called Selection in Tokyo's Shijuku area sells gear for …
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By STEPHEN WADE
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3/18/24
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EPA bans asbestos, a deadly carcinogen still in use decades after a partial ban was enacted
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The Environmental Protection Agency has announced a comprehensive ban on asbestos, a deadly carcinogen still used in some chlorine bleach, brake pads and other products. The final rule marks a major …
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By MATTHEW DALY
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3/18/24
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Workers at Tennessee Volkswagen factory ask for vote on representation by United Auto Workers union
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Volkswagen’s factory in Chattanooga, Tennessee, is likely to be the first test of the United Auto Workers’ effort to organize nonunion automobile plants across the nation. The union said workers …
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By TOM KRISHER
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3/18/24
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Crafts retailer Joann files for Chapter 11 bankruptcy protection
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Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending. In a Monday release, the Hudson, Ohio-based company said …
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3/18/24
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United Airlines CEO tries to reassure customers that the airline is safe despite recent incidents
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The CEO of United Airlines is trying to reassure travelers that the airline is safe despite a series of recent incidents ranging from a panel falling off a plane to an engine fire. CEO Scott Kirby …
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By DAVID KOENIG
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3/18/24
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Insider Q&A: CEO of fast-growing First Watch keeps the focus on breakfast
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A U.S. restaurant chain that only serves breakfast, brunch and lunch is keeping its original recipe for success as it evolves in response to changing work patterns. Florida-based First Watch is one …
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By DEE-ANN DURBIN
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3/18/24
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Want to feel special? Stores and restaurants with paid memberships are betting on it
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Paid loyalty programs are all the rage in the restaurant and retail worlds. Looking for reliable sales in an unpredictable spending environment, more companies have extended their points-based …
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By ANNE D'INNOCENZIO and DEE-ANN DURBIN
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3/18/24
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Federal Reserve is likely to preach patience as consumers and markets look ahead to rate cuts
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Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates. Wall …
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By CHRISTOPHER RUGABER
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3/18/24
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